Animal Feed Additives Market for Ruminants Exhibits Steady Growth Driven by Accelerating Demand for Meat & Dairy Products

Regional players hold a considerable share in the global animal feed additives market for ruminants. The market is largely fragmented, however, holding over 48.5% of the overall share, BASF, DSM, Elanco, and Danisco emerged dominant in 2014. Of these, DSM currently has a stronghold in the global animal feed additives market for ruminants. Besides this, BASF has emerged as a key market players on the back of its diverse product portfolio.

Among the key types available in the global animal feed additives market for ruminants, feed enzymes, minerals, amino acids, and vitamins are the most commonly produced variants by the aforementioned players. As per TMR, DSM is a leading provider of feed enzymes, minerals, and vitamin animal feed additives in the world. Top tier enterprises and regional players alike investing in the development of various coating technologies intended to enhance effectiveness of animal feed. Such investment towards improving product quality is likely to spur the sales of animal feed additives over a period.

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As a resulting effect of the aforementioned factors, the global animal feed additives market for ruminants will report a steady growth between 2015 and 2021. At this pace, the market will reach US$5.9 bn by the end of 2021 as compared to US$4.7 in 2016. Among various products available in the market, vitamins and amino acids held leading share in the market. The vitamins and amino acids segments will continue leading the market and is projected to 15.64% and 20.39%, respectively by the end of forecast period. Regionally, Asia Pacific is forecast to hold the maximum share in the global animal feed additives market.

Spurring Meat Product and Dairy Consumption to Create Attractive Growth Opportunities

The rising demand for foods derived from animal is likely to boost the global animal feed additives for ruminants market. As a result of spurring consumption of meat and dairy products, the animal husbandry industry is under pressure to increase their yields. As a result they are compelled to maintain healthy cattle and increase their count. This will in turn tip scales in favor of the global animal feed additives market for ruminants.

A key point to consider here that the demand for dairy products is surging at an exponential pace around the world, followed by the demand for meat. Due to recent health concerns, both these types of products are subjected to stringent quality checks and intense safety queries. Because animal feed can go a long way maintaining health of animals and cattle, their demand is on a rise. Animal feed additives are often used to improve immunity in cattle and prevent them from falling ill.

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Increasing Population Densities to Boost Sales Prospects across Emerging Nations

According to TMR, the demand for animal meat and dairy is likely to accelerate considerably in Asia Pacific. The rising population in emerging nations, besides increasing disposable income of consumers will fuel the demand for dairy and meat products. This, coupled with the increasing health concerns among consumers, will increase the use of animal feed additives for ruminants. In addition to this, the rising demand for cattle-based meat in North America will boost growth prospects for the market in the coming years.

Animal Feed Additives Market for Ruminants – Overview of Vital Industry Drivers

Regional players hold a considerable share in the global animal feed additives market for ruminants. The market is largely fragmented, however, holding over 48.5% of the overall share, BASF, DSM, Elanco, and Danisco emerged dominant in 2014. Of these, DSM currently has a stronghold in the global animal feed additives market for ruminants. Besides this, BASF has emerged as a key market players on the back of its diverse product portfolio. 

Among the key types available in the global animal feed additives market for ruminants, feed enzymes, minerals, amino acids, and vitamins are the most commonly produced variants by the aforementioned players. As per TMR, DSM is a leading provider of feed enzymes, minerals, and vitamin animal feed additives in the world. Top tier enterprises and regional players alike investing in the development of various coating technologies intended to enhance effectiveness of animal feed. Such investment towards improving product quality is likely to spur the sales of animal feed additives over a period. 

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As a resulting effect of the aforementioned factors, the global animal feed additives market for ruminants will report a steady growth between 2015 and 2021. At this pace, the market will reach US$5.9 bn by the end of 2021 as compared to US$4.7 in 2016. Among various products available in the market, vitamins and amino acids held leading share in the market. The vitamins and amino acids segments will continue leading the market and is projected to 15.64% and 20.39%, respectively by the end of forecast period. Regionally, Asia Pacific is forecast to hold the maximum share in the global animal feed additives market. 

Spurring Meat Product and Dairy Consumption to Create Attractive Growth Opportunities 

The rising demand for foods derived from animal is likely to boost the global animal feed additives for ruminants market. As a result of spurring consumption of meat and dairy products, the animal husbandry industry is under pressure to increase their yields. As a result they are compelled to maintain healthy cattle and increase their count. This will in turn tip scales in favor of the global animal feed additives market for ruminants. 

A key point to consider here that the demand for dairy products is surging at an exponential pace around the world, followed by the demand for meat. Due to recent health concerns, both these types of products are subjected to stringent quality checks and intense safety queries. Because animal feed can go a long way maintaining health of animals and cattle, their demand is on a rise. Animal feed additives are often used to improve immunity in cattle and prevent them from falling ill. 

Increasing Population Densities to Boost Sales Prospects across Emerging Nations 

According to TMR, the demand for animal meat and dairy is likely to accelerate considerably in Asia Pacific. The rising population in emerging nations, besides increasing disposable income of consumers will fuel the demand for dairy and meat products. This, coupled with the increasing health concerns among consumers, will increase the use of animal feed additives for ruminants. In addition to this, the rising demand for cattle-based meat in North America will boost growth prospects for the market in the coming years.

Animal Feed Additives Market for Ruminants will Reach US$5.9 bn by the end of 2021

Regional players hold a considerable share in the global animal feed additives market for ruminants. The market is largely fragmented, however, holding over 48.5% of the overall share, BASF, DSM, Elanco, and Danisco emerged dominant in 2014. Of these, DSM currently has a stronghold in the global animal feed additives market for ruminants. Besides this, BASF has emerged as a key market players on the back of its diverse product portfolio. 

Among the key types available in the global animal feed additives market for ruminants, feed enzymes, minerals, amino acids, and vitamins are the most commonly produced variants by the aforementioned players. As per TMR, DSM is a leading provider of feed enzymes, minerals, and vitamin animal feed additives in the world. Top tier enterprises and regional players alike investing in the development of various coating technologies intended to enhance effectiveness of animal feed. Such investment towards improving product quality is likely to spur the sales of animal feed additives over a period. 

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As a resulting effect of the aforementioned factors, the global animal feed additives market for ruminants will report a steady growth between 2015 and 2021. At this pace, the market will reach US$5.9 bn by the end of 2021 as compared to US$4.7 in 2016. Among various products available in the market, vitamins and amino acids held leading share in the market. The vitamins and amino acids segments will continue leading the market and is projected to 15.64% and 20.39%, respectively by the end of forecast period. Regionally, Asia Pacific is forecast to hold the maximum share in the global animal feed additives market. 

Spurring Meat Product and Dairy Consumption to Create Attractive Growth Opportunities 

The rising demand for foods derived from animal is likely to boost the global animal feed additives for ruminants market. As a result of spurring consumption of meat and dairy products, the animal husbandry industry is under pressure to increase their yields. As a result they are compelled to maintain healthy cattle and increase their count. This will in turn tip scales in favor of the global animal feed additives market for ruminants. 

A key point to consider here that the demand for dairy products is surging at an exponential pace around the world, followed by the demand for meat. Due to recent health concerns, both these types of products are subjected to stringent quality checks and intense safety queries. Because animal feed can go a long way maintaining health of animals and cattle, their demand is on a rise. Animal feed additives are often used to improve immunity in cattle and prevent them from falling ill. 

Increasing Population Densities to Boost Sales Prospects across Emerging Nations 

According to TMR, the demand for animal meat and dairy is likely to accelerate considerably in Asia Pacific. The rising population in emerging nations, besides increasing disposable income of consumers will fuel the demand for dairy and meat products. This, coupled with the increasing health concerns among consumers, will increase the use of animal feed additives for ruminants. In addition to this, the rising demand for cattle-based meat in North America will boost growth prospects for the market in the coming years.

Animal Feed Additives Market for Ruminants : Key Players, Growth, Analysis, 2015 – 2021

According to a recent market research report published by Transparency Market Research, the global animal feed additives market is estimated to expand at a CAGR of 4.3% between 2015 and 2021. The report, titled “Animal Feed Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” projects the global animal feed additives market to reach a valuation of US$5.9 bn by 2021. The overall market was valued at US$4.4 bn in 2014.

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Feed additives refer to food supplements given to farm animals, as regular food is not sufficient to meet the nutritional requirements for the proper growth of these animals. Feed additives contain nutrients such as amino acids, vitamins, fatty acids, and minerals. The growing demand for quality meat and dairy products worldwide has propelled the growth of the global animal feed additives market. Feed additives are usually administered orally.

The feed additives for ruminants are usually coated so that they do not get degraded by the action of micro-organisms present in rumen. Various coating technologies such as nano coated vitamins and minerals, butyric acid, sweetener, 1-monoglycerides, and acidifier concepts are implemented to coat the feed additives.

In terms of product type, the report segments the global animal feed additives market into probiotics and prebiotics, vitamins, phytobiotics, choline chloride, organic acids, polyunsaturated fatty acids, immunomodulators, non-protein nitrogen (NPN), feed enzymes, amino acids, and others including antioxidants, feed acidifiers, antibiotics, and trace minerals. Vitamins, probiotics and prebiotics, amino acids, and feed enzymes are extensively used as feed additives for cattle to enhance the quality of the meat.

On the basis of types of ruminants, the report broadly categorizes the global animal feed additives market into cattle, buffalo, and others including sheep, goat, and deer. Probiotics and prebiotics, along with vitamins, are widely used as feed additives for buffaloes to increase the production of milk.

The report studies the animal feed additives market across four key regions: Asia Pacific, North America, Europe, and Rest of the World. Asia Pacific dominates the overall market, closely followed by North America. Growing demand for animal feed additives, especially for ruminants across China and India, is expected to propel the growth of the market in Asia Pacific. During the forecast period, the rise in demand for dairy products and meat across the U.S. and Canada will drive the North America animal feed additives market.

Describing the competitive landscape, the report profiles some of the key players in the global animal feed additives market such as BASF S.E., DSM, Elanco, Evonik Industries, Cargill Inc., Danisco, Novozymes, Archer Daniels Midlands Co., CHR Holdings, and Alltech Inc. Partnerships, joint ventures, and mergers and acquisitions are the common strategies adopted by the market players. DSM and BASF S.E. together account for more than 50% of the overall market.

Global Animal Feed Additives Market has been segmented as:

Global Animal Feed Additives Market for Ruminants by Product Type

• Vitamin
• Probiotics and Prebiotics
• Choline Chloride
• Phytobiotics
• Organic Acid
• Polyunsaturated Fatty Acids
• Non-Protein Nitrogen (NPN)
• Immunomodulators
• Amino Acids
• Feed Enzymes
• Others

Global Animal Feed Additives Market for Ruminants by Ruminants Type

• Cattle
• Buffalo
• Others

Animal Feed Additives Market for Ruminants Growing at a Healthy Rate

Animal Feed Additives Market for Ruminants: Snapshot

The demand for dairy products and meat is increasing by the day on account of growing population and the prevalence of a hectic lifestyle, making it essential for consumers to have a diet with everyday protein needs. This has resulted in an increase in the livestock population so as to be able to meet the growing demands for meat and dairy products, which in turn is driving the animal feed additives market. Animal feed additives provide animals with the necessary nutritional and protective functions, which are necessary for maintaining the overall health as well as to ward off diseases and infection risks. Animal feed additives also help in enhancing the weight and digestive function of animals. Thus, animal feed additives have become an essential part for animals livestock in farms and dairies.

According to a report published by Transparency Market Research, the global animal feed additives market for ruminants is anticipated to rise from US$4.79 bn in 2016 to reach US$5.92 bn by 2021, expanding at a 4.3% CAGR between 2015 and 2021.

Asia Pacific to Generate the Highest Demand for Animal Feed Additives for Ruminants

Asia Pacific is expected to lead in terms of revenue generation from the animal feed additives for ruminants market. By 2021, the market in Asia Pacific is expected to be worth US$1.9 bn, accounting for 32.6% of the revenue generated. China and India are two countries in Asia Pacific contributing majorly to the growth of this market. High demand for dairy products as well as growing population are two key reasons why the animal feed additives market for ruminants is flourishing in these two countries. Asia Pacific is also boosting their meat exportation to other regions and this is expected to drive the animal feed additives for ruminants market.

Another lucrative regional market for animal feed additives for ruminants is North America. The growing demand for meat and dairy is expected to drive the market. In addition to this, the strict regulations by government, making it a rule to allow dairy and meat products to be sold only if it is above a certain grade will lead to a demand for high quality animal feed additives for ruminants

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Cattle Segment Continues to be Highest Revenue Generator

On the basis of animal type, the market is segmented into cattle, buffalo, and others. Of these, the cattle segment not only led in 2016, but is expected to continue to do so in the coming years. The segment is predicted to account for 80.80% of the market. The growth of the segments is likely due to high demand for cattle meat as well as dairy across the globe. Also, the recent improvements in cattle feed additives will help generate high amount of demand. This is boosting the number of players in the market towards the cattle sector, ensuring several growth opportunities in the years to come. Moreover, the quality of cattle meat is a concern among many consumers, driving the demand for animal feed additives.

Vitamins and Amino Acids to Continue Leading in Market

Amino acids are helpful for the maintenance of good quality and quantity of the meat. Thus, they are one of the largest types of animal feed additives for ruminants. Lysine, followed by methionine are two kinds of amino acids used in feed additives. Vitamins is another kind if animal feed, which is expected to see increased demand. The most commonly used vitamins in animal feed additives are vitamins A, B, C, and E.

Rise in Livestock Population for Consumption of Meat to Augment Demand for High Quality Animal Feed Additives

The prevalent hectic lifestyle has impelled consumers to adopt a diet that can cater to their everyday protein needs. As a result of this, the livestock population has substantially increased to meet the growing demand for dairy products and meat. The rise in livestock population is anticipated to drive the demand for high quality animal feed additives. To ensure that quality dairy products and meat is circulated in the market, food products in the dairy and meat section are being subjected to quality checks. Due to growing consumer awareness about the harmful effects of low quality and synthetic animal feed additives, meat and dairy food products are also being tested under consumption safety standards and queries.

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According to a report published by Transparency Market Research, the global animal feed additives market is projected to expand at a 4.3% CAGR between 2015 and 2021. The market was valued at US$4.79 bn in 2016 and is estimated to touch a valuation of US$5.92 bn by 2021.

Due to what factors is the demand for animal feed additives likely to rise in future?

The prime factor driving the consumption of animal feed across the world is the rising demand for diary and meet products. Moreover, the rise in population in emerging nations and growth in the disposable income of consumers are anticipated to further enlarge the animal products consumer base. To meet the unmet needs of consumers, the animal husbandry industry is focusing on increasing their livestock count along with product yield. This is further expected to augment the demand for animal feed additives in the coming years. The implementation of advanced animal husbandry techniques in order to achieve high quality meat and the standardization of diary and meat products are factors which are further anticipated to aid the progress of the global animal feed additives market.

What factors are anticipated to restrain the demand for animal feed additives?

The cost of raw materials used in the formulation of animal feed additives is considerably high. As a result of this, several small scale manufacturers face difficulties during the manufacturing processes. The cost of raw materials used in animal feed additives is further expected to rise in the coming years. Moreover, the prevalence of strict regulatory structures regarding the use of chemicals and other components in animal feeds additives is further expected to pose a threat for manufacturers of animal feed additives.

However, companies manufacturing animal feed additives are investing in research projects in order achieve positive results regarding the use of certain components in animal feed additives. For instance, the European Food Safety Authority (EFSA) recently declared that Lecithin, which is used in animal feed, is safe and has no major side-effects. The FEEDAP Panel of EFSA re-evaluated the use of lecithin as a l feed additive under the emulsifier category. It took place after the Europe Lecithins Manufacturers’ Association requested the revaluation of lecithin. After this the maximum content requirement for lecithin in animal feed additives has been removed.

From what factors can manufacturers of animal feed additives gain profitable growth opportunities?

The ongoing research activities regarding the use of antibiotics in animal feed additives is an opportunity through which manufacturers can gain lucrative growth opportunities. Antibiotics used in animal feed additives are expected to provide potential resistance from diseases and increase immunity of animals. As a result of this, manufacturers are aiming at producing high quality animal feed additives that can cater to the rising demand for healthy diary and meat products.

In terms of consumption, Asia Pacific is expected to emerge as the leading region and is estimated to account for 32.6% of the global market. The key players operating in the global animal feed additives market are Archer Daniels Midland Co., Alltech, Inc., Novozymes, Evonik Industries, Elanco Animal Health, Danisco A/S, BASF SE, and DSM.

Global Animal Feed Additives Market to Exhibit 4.3% CAGR during 2015-2021 due to Growing Demand for Quality Meat and Dairy Products

According to a recent market research report published by Transparency Market Research, the global animal feed additives market is estimated to expand at a CAGR of 4.3% between 2015 and 2021. The report, titled “Animal Feed Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” projects the global animal feed additives market to reach a valuation of US$5.9 bn by 2021. The overall market was valued at US$4.4 bn in 2014.

Feed additives refer to food supplements given to farm animals, as regular food is not sufficient to meet the nutritional requirements for the proper growth of these animals. Feed additives contain nutrients such as amino acids, vitamins, fatty acids, and minerals. The growing demand for quality meat and dairy products worldwide has propelled the growth of the global animal feed additives market. Feed additives are usually administered orally.

The feed additives for ruminants are usually coated so that they do not get degraded by the action of micro-organisms present in rumen. Various coating technologies such as nano coated vitamins and minerals, butyric acid, sweetener, 1-monoglycerides, and acidifier concepts are implemented to coat the feed additives.

In terms of product type, the report segments the global animal feed additives market into probiotics and prebiotics, vitamins, phytobiotics, choline chloride, organic acids, polyunsaturated fatty acids, immunomodulators, non-protein nitrogen (NPN), feed enzymes, amino acids, and others including antioxidants, feed acidifiers, antibiotics, and trace minerals. Vitamins, probiotics and prebiotics, amino acids, and feed enzymes are extensively used as feed additives for cattle to enhance the quality of the meat.

On the basis of types of ruminants, the report broadly categorizes the global animal feed additives market into cattle, buffalo, and others including sheep, goat, and deer. Probiotics and prebiotics, along with vitamins, are widely used as feed additives for buffaloes to increase the production of milk.

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The report studies the animal feed additives market across four key regions: Asia Pacific, North America, Europe, and Rest of the World. Asia Pacific dominates the overall market, closely followed by North America. Growing demand for animal feed additives, especially for ruminants across China and India, is expected to propel the growth of the market in Asia Pacific. During the forecast period, the rise in demand for dairy products and meat across the U.S. and Canada will drive the North America animal feed additives market.

Describing the competitive landscape, the report profiles some of the key players in the global animal feed additives market such as BASF S.E., DSM, Elanco, Evonik Industries, Cargill Inc., Danisco, Novozymes, Archer Daniels Midlands Co., CHR Holdings, and Alltech Inc. Partnerships, joint ventures, and mergers and acquisitions are the common strategies adopted by the market players. DSM and BASF S.E. together account for more than 50% of the overall market.

Global Animal Feed Additives Market has been segmented as:

Global Animal Feed Additives Market for Ruminants by Product Type

• Vitamin
• Probiotics and Prebiotics
• Choline Chloride
• Phytobiotics
• Organic Acid
• Polyunsaturated Fatty Acids
• Non-Protein Nitrogen (NPN)
• Immunomodulators
• Amino Acids
• Feed Enzymes
• Others

Global Animal Feed Additives Market for Ruminants by Ruminants Type

• Cattle
• Buffalo
• Others

Global Animal Feed Additives Market for Ruminants by Geography

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

Animal Feed and Feed Additives Market - Global Industry Analysis,Forecast up to 2018

According to a market research report published by Transparency Market Research, the global animal feed and feed additives market is estimated to expand at a CAGR of 3.8% during the period between 2011 and 2018. The report, titled “Animal Feed and Feed Additives Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2011 - 2018”, forecasts the global animal feed and feed additives market to be worth US$17.5 bn by 2018. The overall market was valued at US$13.5 bn in 2011.

Feed additives are used in minor quantities in forms of powder, liquids, pellet, and injections. High growth in global meat consumption has accelerated the demand for animal feed and feed additives. Consumer awareness about meat quality and healthy eating, along with frequent outbreaks of livestock diseases has fuelled the growth of the global animal feed and feed additives market. However, upward swing in raw material cost and regulatory structure might restrain the overall market growth during the forecast period. The global animal feed and feed additives market is expected to register higher demand owing to the increasing price of feed products. Ban on antibiotics due to adverse effects has opened further growth opportunities for the market.

On the basis of product types, the global animal feed and feed additives market has been categorized into antibiotics, vitamins, amino acids, acidifiers, feed enzymes, and antioxidants. The high demand for feed acidifiers is expected to propel the market segment at a CAGR of 6.3% during the forecast period. The valuation of the feed acidifiers market was US$1.0 bn in 2011 and is projected to reach US$1.6 bn by 2018. North America leads the amino acids market segment and the region holds 29.9% of the global market.

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Animal feed and feed additives are extensively used to enhance animal nutritional growth, feed quality, and meat quality. Improving the feed quality remains the highest revenue generating factor in the global animal feed and feed additives market. Meat quality enhancement accounts for 21% share in the market.

The report studies the global animal feed and feed additives market across four key regions: Europe, North America, Asia Pacific, and Rest of the World. In terms of revenue, Asia Pacific is expected to dominate the overall market till 2018. The region is estimated to account for 32.4% of the overall market revenue by 2018, followed by Europe. The demand for animal feed and feed additives is very high in Asia Pacific and the regional market is expected to expand at a CAGR of 4.0% during the forecast horizon. China leads the Asia Pacific market with 49.5% market share, followed by Japan. In Europe, the U.K. and Germany are among the major animal feed and feed additives markets.

Describing the competitive landscape, the report profiles some of the key players in the global animal feed and feed additives market such as BASF SE, Evonik Industries AG, Kemin Industries, Novozymes, DSM, Danisco A/S, Addcon Group GmbH, and CHR Hansen A/S.

Global Animal Feed and Feed Additives Market has been segmented as:

Feed Additives Type Segment of Global Animal Feed and Feed Additives Market

Antibiotics

Vitamins

• A
• E
• B
• C
• Others

Antioxidants

Amino acids

• Tryptophan
• Lysine
• Methionine
• Threonine
• Others

Feed enzymes

• Phytase
• Non-Starch Polysaccharides & Others

Feed Acidifiers

Others (Trace minerals, NPN and so on)

Feed Additives by Livestock Segment of Global Animal Feed and Feed Additives Market

• Pork/Swine
• Poultry
• Cattle
• Aquaculture
• Others

Geographical Segmentation of Global Animal Feed and Feed Additives Market

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

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Animal Feed Additives for Ruminants to Constitute Market Worth US$5.9 bn Globally by 2021

The global animal feed additives market for ruminants is growing at a steady pace and has a promising future because of the rise in the demand for meat and dairy products. Feed additives are gaining a substantial amount of demand in animal feed for their nutrition and overall growth. Various diseases such as avian flu, mouth and foot diseases and the rising concern for animal health especially ruminants has increased the demand for animal feed additives for the same across the world.

Several coating technologies are used in animal feed additives which claim to increase the production rate of the agricultural animals which includes goat, cattle, sheep, buffalo, camels and others, all belonging to the ruminants category. Feed additives are coated in order to improve the milk and meat quality and to reduce the medication costs as well. Biologically active substances such as vitamins, amino acids and others when directly applied to the ruminants via oral procedure, gets degraded by the microorganisms in the rumen and thus they cannot be effectively utilized.

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Several types of coating technologies are used in feed additives for ruminants; Multi-Enzymes, Nano coated minerals and vitamins, Butyric Acid, Matrix encapsulated additives, 1-Monoglycerides, Mycotoxin Deactivators and several others. These coating technologies have been introduced so that they do not get degraded by the microorganism present in the rumen, thus ensuring effective utilization of the feed additives. Rumen-bypass preparations for the ruminant which protect the active substances from degrading in the rumen allow the active substance to be absorbed and digested in the digestive organs after the abomasum. This is imperative in the field of feed additives for ruminants and others.

The global animal feed additives market for ruminants have been segmented on the basis of product types; Vitamins, Probiotics, Prebiotics, Choline Chloride, Phytobiotics, Organic Acid, Polyunsaturated Fatty Acid, Non-Protein Nitrogen (NPN), Immunomodulators, Amino Acids, Feed Enzymes and others which includes Feed Acidifiers, Antioxidants, Trace Minerals and Antibiotics. Amino Acids dominated the global animal feed additives market for ruminants covering more than 20% of the total market in 2014 and is expected to remain the market leader throughout the forecast period. Amino Acids are considered to be a major ingredient in animal feed additives especially for ruminants. They are included in order to enhance the development of proteins in order to the quality and quantity of the meat. Lysine and Methionine are the major amino acids fed to the ruminants as feed additives. Vitamins held the second largest market share in the global animal feed additives market for ruminants in 2014.

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By, type, market is segmented into cattle buffalo and others. The others segment includes sheep, goat, deer etc. The cattle segment dominated the global animal feed additives market for ruminants acquiring over 80% of the total market. Rising concern for the health of the cattle along with the rising demand for meat is fuelling the demand for this segment. The buffalo segment held a minor market share in the animal feed additives market for ruminants, but it is expected to be the fastest growing segment during the forecast period.

On the basis of geography, market is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific dominated the market with a market share of over 30%, followed by North America and Europe. The demand for animal feed additives market for ruminants in Asia Pacific is attributed to the rising demand for the same in China and India. The increasing demand for dairy products in this region is expected to fuel the cattle feed additives market during the forecast period.

The global animal feed additives market for ruminants is marked by some intense competition from the major players operating in this market. DSM, Elanco, Novozymes, BASF S.E., Danisco, Evonik Industries, Alltech Inc. are some of the major players operating in the global animal feed additives market for ruminants.

The report has been segmented by product type, ruminant’s type, and geography and it includes description of coating technologies. The study highlights current market trends and provides forecasts from 2015 to 2021. We have featured the current market scenario for the global animal feed additives market for ruminants and identified future trends that will impact demand for animal feed additives for ruminants during the forecast period.

The global animal feed additives market for ruminants has been segmented into following types based on their product types including Vitamins, Probiotics and Prebiotics, Choline Chloride, Phytobiotics, Organic Acid, Polyunsaturated Fatty Acid, Non-Protein Nitrogen (NPN), Immunomodulators, Amino Acids, Feed Enzymes and Others including Feed Acidifiers, Antioxidants, Trace Minerals, Antibiotics. The market has been further segmented on the basis of ruminants type including cattle, buffalo and others including sheep, goat, deer etc.

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Animal Feed and Feed Additives Market Will Reach US$17.5 Billion by 2018

Animal feed additives offer varied functions that include control of infectious diseases and promote animal growth. Worldwide, the thriving meat production industry stands as the major consumer of animal feed additives. Among the emerging nations, such as Brazil, India, and China, rising income levels and increasing per capita meat consumption account for high demand for animal feed additives. The global animal feed and feed additives market is segregated on the basis of livestock, products, and geography.

The research is designed to evaluate the demand and performance of animal feed additives in the global scenario. The research report provides in-depth analysis of current market trends, drivers, and challenges to understand the course of the animal feed and feed additives market over the forecast period.

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Having easily comprehensible chapter-wise layout, supplemented with a collection of tables and graphs, the report systematically examines the analytics pertaining to product manufacturers, market size by segments, and demand by geography in the global market.

Using primary and secondary research sources, the estimates and forecasts provided in the research report will help various entities in the animal feed additives market value chain to formulate growth strategy and gain competitive advantage in the overall market.

Overview of the Global Animal Feed and Feed Additives Market

Worldwide, increasing consumption of meat and meat products is the major force for steady growth of the animal feed and feed additives market. Animal feed additives are substances that are added to basic feed mix so as to aid weight gain in livestock. These substances also prevent nutritional deficiencies and diseases, while improving feed digestion among animals, and thus improve meat production quality.

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With rising consumer awareness regarding quality and safety of meat due to recent livestock disease outbreaks combined with increasing meat consumption, the demand for animal feed additives has spiraled substantially. In emerging nations, rising disposable incomes and changing lifestyle have led to changed eating habits and in turn higher consumption of processed meat products. In 2011, Brazil, India, and China collectively held 23% of the global animal feed additives market and will likely contribute 39% in 2018. On the other hand, factors such as high raw material prices and regulations imposed by various governments to maintain feed quality restrain the growth of the market.

The global animal feed and feed additives market was worth US$13.5 billion in 2011 and will reach US$17.5 billion in 2018, growing moderately at a CAGR of 3.8% between 2011 and 2018.

The global animal feed and feed additives market is divided into four broad regions, namely North America, Asia Pacific, Europe, and Rest of the World (RoW). Of all the regions, Asia Pacific will maintain a leading position and is expected to enjoy 32.4% share of the revenue of the overall market in 2018.

Asia Pacific contributes significantly to animal feed additives sales globally and will exhibit exponential growth at a CAGR of 4.0% due to higher demand and sales. By product type, feed acidifiers segment is expected to have a market valuation of US$1.6 billion in 2018 increasing from US$1.0 billion in 2011, reporting a 6.3% CAGR from 2011-2018.

Major Companies in Global Animal Feed and Feed Additives Market

Some of the major companies in the market are DSM (The Netherlands), Archer Daniels Midland Company (U.S.), Cargill, Inc. (U.S.), Evonik (Germany), BASF SE (Germany), and CHR Hansen A/S (Denmark).

Feed Additives Type Segment of Global Animal Feed and Feed Additives Market

Antibiotics

Vitamins

• A
• E
• B
• C
• Others

Antioxidants

• Amino acids
• Tryptophan
• Lysine
• Methionine
• Threonine
• Others

Feed enzymes

• Phytase
• Non-Starch Polysaccharides & Others

Feed Acidifiers

Others (Trace minerals, NPN and so on)

Feed Additives by Livestock Segment of Global Animal Feed and Feed Additives Market

• Pork/Swine
• Poultry
• Cattle
• Aquaculture
• Others

Geographical Segmentation of Global Animal Feed and Feed Additives Market

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

This report gives you access to decisive data such as:

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for the coming years

Key highlights

• Overview of key market forces propelling and restraining market growth
• Up-to-date analyses of market trends and technological improvements
• Pin-point analyses of market competition dynamics to offer you a competitive edge
• An analysis of strategies of major competitors
• An array of graphics and SWOT analysis of major industry segments
• Detailed analyses of industry trends.
• A well-defined technological growth map with an impact-analysis
• A clear understanding of the competitive landscape and key product segments

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