Specialty Feed Additives Market was worth USD 9.05 billion in 2021 and estimated to be growing at a CAGR of 5.5%, to reach USD 11.83 billion by 2026.
Specialty Feed Additives is a vital market to society as it enhances the quality of meat and other animal products thus adding nutrition to human life as well. The recent period has seen a significant rise in the importance paid to specialty feed additives for livestock. 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.
Market Drivers:
The growth of the Global Specialty Feed Additives Market is mainly driven by factors such as a rise in the consumption of meat and other animal products like dairy, leather, etc are favoring the growth of this market. The increasing spread of diseases amongst the livestock and innovation in the livestock rearing culture is another major factor driving the growth of the market. However, lack of awareness, high investment costs, and government regulations are preventing the growth of the market.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2021 – 2026 |
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Base Year |
2020 |
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Forecast Period |
2022 - 2027 |
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CAGR |
5.5% |
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Segments Covered |
By Type of feed, By Livestock, By Form of feed, By Function, By Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
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Market Leaders Profiled |
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Market Segmentation:
Specialty Feed Additives Market - By Type of feed:
Vitamins
The Acidifiers segment leads the global market on the basis of the type of feed and is also projected to witness a higher growth rate during the forecast period.
Under this segment, feed additives for the poultry segment are leading the market currently.
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.
In 2016, Europe led the global Specialty Feed Additives Market. However, the Asia Pacific region is projected to grow the highest during the forecast period due to various factors such as the growing urban population, increase in spending, and the rise in population.
Key Players:
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type of feed
5.1.1 Introduction
5.1.2 Vitamins
5.1.3 Antioxidants
5.1.4 Flavours and Sweeteners
5.1.5 Minerals
5.1.6 Binders
5.1.7 Acidifiers
5.1.8 Other Type of Feed
5.1.9 Y-o-Y Growth Analysis, By Type of feed
5.1.10 Market Attractiveness Analysis, By Type of feed
5.1.11 Market Share Analysis, By Type of feed
5.2 Livestock
5.2.1 Introduction
5.2.2 Aquatic Animals
5.2.3 Poultry
5.2.4 Swine
5.2.5 Ruminants
5.2.6 Other Livestock
5.2.5 Y-o-Y Growth Analysis, By Livestock
5.2.6 Market Attractiveness Analysis, By Livestock
5.2.7 Market Share Analysis, By Livestock
5.3 Form of Feed
5.3.1 Introduction
5.3.2 Liquid
5.3.3 Solid
5.3.4 Y-o-Y Growth Analysis, By Form of Feed
5.3.5 Market Attractiveness Analysis, By Form of Feed
5.3.6 Market Share Analysis, By Form of Feed
5.4 Function
5.4.1 Introduction
5.4.2 Palatability Enhancement
5.4.3 Mycotoxin Management
5.4.4 Ingredient Preservation
5.4.5 Digestive Performance Enhancement
5.4.6 Other Functions
5.4.7 Y-o-Y Growth Analysis, By Function
5.4.8 Market Attractiveness Analysis, By Function
5.4.9 Market Share Analysis, By Function
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type of feed
6.1.3.3 By Livestock
6.1.3.4 By Form of Feed
6.1.3.5 By Function
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type of feed
6.1.4.3 By Livestock
6.1.4.4 By Form of Feed
6.1.4.5 By Function
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type of feed
6.1.5.3 By Livestock
6.1.5.4 By Form of Feed
6.1.5.5 By Function
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Athersys
8.1.1 Overview
8.1.2 Type of feed Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 BASF SE
8.3 Evonik Industries
8.4 Lucta S.A
8.5 Chr. Hansen Holdings A/S
8.6 Biomin Holding GmbH
8.7 Invivo NSA
8.8 DSM
8.9 Akzo Nobel Surface Chemistry AB
8.10 Kemin Industries Inc.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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