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Asia Pacific Organic Feed Additive Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Nutrients, Product Type, Livestock Type, Form, Certifications And by Country (India, China, Japan, South Korea, Australia, New Zealand, Malaysia, Vietnam, Philippines, Indonesia, Singapore, Rest of APAC) – Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 5980
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Organic Feed Additive Market Size (2024 to 2029):

Asia Pacific's organic feed additive market is expected to reach USD 12.93 billion in 2024 and reach USD 16.46 billion by 2029, growing at a CAGR of 4.95% from 2024 to 2029.

Feed additives are used to boost the quality of animal nutrition as well as properties of animal fodder to palatability preservation, improve gut health, and others. Organic feed additives are natural additives, which assist as a better alternative to feed additives since it offers extra nutrients such as vitamins, minerals, and others.

In cases where an animal does not have some particular nutrition in its diet, it might not grow properly. The nutritional values of animal feeds are influenced not just by their nutrient content but also by other factors as well. These include hygiene, digestibility, feed presentation, and effect on intestinal health. Even with all of the benefits of higher quality feed, most farm animals' diets are still composed of wheat, maize, and soybean meal due to the higher costs of quality feed.

The key driving factor of the Asia Pacific organic feed additive market is increasing meat consumption. With the rising consumer awareness and their growing interest in healthy lifestyles, the demand for organic feed additives has been increasing in recent times. In addition to the changing lifestyle, rise in meat consumption, growing demand for natural feed additives, quality feed, industrialization of livestock, and the risk of having diseases in livestock are expected to propel the organic feed additives market. The Asia Pacific organic feed additives market is expected to propel owing to rising awareness regarding the health benefits that organic feed additives can offer farm animals. Growing awareness about organic feed additives has raised the demand for quality, which is increasing the market share of organic feed additives.

This research report on the Asia Pacific organic feed additives market is segmented and sub-segmented into the following categories.

Asia Pacific Organic Feed Additive Market – By Nutrients:

  • minerals
  • vitamins
  • others

Asia Pacific Organic Feed Additive Market – By Product Type:

  • antioxidants
  • antibiotics
  • acidifiers
  • amino acids
  • enzymes
  • binders
  • others

Asia Pacific Organic Feed Additive Market – By Livestock Type:

  • poultry
  • aquatic animals
  • swine
  • others

Asia Pacific Organic Feed Additive Market – By Form:

  • liquid
  • dry
  • others

Asia Pacific Organic Feed Additive Market – By Certifications:

  • 100% organic
  • 95% organic

The poultry segment has the largest share of the organic feed additives market.

Asia Pacific Organic Feed Additive Market – By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

The Asia Pacific Organic Feed Additive market is divided based on geography into India, China, Japan, Australia, and other parts of the region. Asia Pacific has the largest market for organic feed additives in the world by share and is also the fastest-growing region in the world. Factors such as growing interest in healthy lifestyles and rising usage of natural feed additives are expected to drive the market growth in the region.

KEY MARKET PLAYERS:

Some of the major players in the market are Archer Daniels Midland Company (U.S.), Evonik Industries AG (Germany), Cargill, Incorporated (U.S.), Chr. Hansen Holding A/S (Denmark), Adisseo (France), BASF SE (Germany), Invivo NSA (France).

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