Asia Pacific Specialty Feed Additives Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type Of Feed, Livestock, Type Of Feed, Function 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

Updated On: January, 2024
ID: 2837
Pages: 145

Asia Pacific Specialty Feed Additives Market Size (2024 to 2029):

Asia Pacific specialty feed additives market is expected to reach USD 1.59 billion in 2024 and reach USD 2.07 billion by 2029, growing at a CAGR of 5.4% from 2024 to 2029.

Specialty Feed Additives facilitate the provision of nutrition to farm animals, which cannot be gained through regular meals. They enhance the digestive system of the animals and are provided in the form of palatable food materials.

Specialty feed additives is a vital market to the society as it enhances the quality of meat and other animal products thus adding nutrition to the human life as well. The recent period has seen a significant rise in the importance paid to the specialty feed additives for the livestock.

The growth of the Asia-Pacific specialty feed additives market is mainly driven by factors such as the growing urban population, increase in spending, and the rise in population. Dependence on agriculture, rapid urbanization, and increasing income for the population. However, factors such as government restrictions and lack of awareness among the general public about such facilities could pose a restraint for this market.

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

Asia Pacific Specialty Feed Additives Market - By Type of Feed:

  • Vitamins
  • Antioxidants
  • Flavors and Sweeteners
  • Minerals
  • Binders
  • Acidifiers
  • others

The Acidifiers segment leads the market on the basis of type of feed and is also projected to witness a higher growth rate during the forecast period.

Asia Pacific Specialty Feed Additives Market - By Livestock:

  • Aquatic animals
  • Poultry
  • Swine
  • Ruminants
  • others

Under this segment, feed additives for the poultry segment are leading the market currently.

Asia Pacific Specialty Feed Additives Market - By Form of Feed:

  • Liquid feed and Dry feed

The dry feed is further classified as Pellets and Powders. The Liquid Feed additives market is expected to have a higher CAGR among the feed additives based on the form of feed.

Asia Pacific Specialty Feed Additives Market - By Function:

  • Palatability enhancement
  • Mycotoxin Management
  • Ingredient Preservation Digestive performance enhancement
  • others

Asia Pacific Specialty Feed Additives Market – By Country:

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

The Asia Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. India and China are considered lucrative markets for the growth of the Specialty feed additives market and are projected to grow at a high CAGR during the forecast period. Factors such as growing demographics and expansion in these countries are anticipated to be responsible for the growth of the market in this region.


This market is extremely disjointed, with numerous big and developing players operating in the business. The major companies dominating the Specialty feed additives market in this region are BASF SE, Evonik Industries, Nutreco N.V., Novozymes, Alltech Inc., Invivo NSA, and Chr Hansen Holding A/S.

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