Feed Additives Market

The feed additives market is estimated to be valued at USD 45.54 Billion in 2024 and poised to achieve a 5.6% CAGR, reaching USD 59.88 Billion by 2029. The feed additives market is growing due to increasing demand for animal-derived products, evolving livestock farming practices, and rising concerns over animal health and productivity. As global population and income levels rise, especially in emerging markets, consumption of meat, milk, eggs, and other animal products has surged. This trend fuels the need for more efficient livestock production, where feed additives play a key role in enhancing feed conversion ratios, growth rates, and overall health.

Government policies are also supporting this growth. For example, the European Union banned the use of antibiotics as growth promoters in animal feed, spurring innovation in natural additives. Similarly, the U.S. Food and Drug Administration (FDA) issued Guidance for Industry #213, which aims to limit the use of medically important antimicrobials in feed by 2023. In response, demand for alternative feed additives like enzymes, organic acids, and plant-based solutions is increasing.

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Top 10 Companies in the Feed Additives Market

• Cargill, Incorporated (US)
• ADM (US)
• International Flavors & Fragrances Inc (US)
• Evonik Industries AG (Germany)
• BASF (Germany)
• Ajinomoto Co. Inc (Japan)
• dsm-firmenich (Switzerland)
• Novonesis Group (Denmark)
• Adisseo (France)
• Jubilant Ingrevia Limited (India)

Cargill, Incorporated (US)

Cargill, Incorporated is involved in the manufacturing and marketing of food ingredients and agricultural products. It also offers risk management, financial, and industrial products and services around the globe.

It comprises 75 businesses, which are classified into four main segments, namely Agriculture, Food, Financial, and Industrial.

In the feed additives market, Cargill's Animal Nutrition segment provides a wide array of nutrition products and services to commercial producers across sectors such as beef, aqua, swine, dairy, and poultry. Cargill's offerings include premixes, concentrates, base mixes, and specialized feed additives under renowned brands like Delacon, EWOS, Diamond V, Purina, and Provimi. These products are designed to enhance animal health and performance, aligning with Cargill's commitment to supporting sustainable agriculture and food production.

The company operates in around 70 countries. It has an additional sales presence in nearly 125 countries across regions, including North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. Some of the subsidiaries of the company include Cargill Meat Solutions (US), Cargill Enterprises Inc. (Russia), Cargill Asia Pacific Holdings Pte Limited (Singapore), Cargill RSA (Pty) Limited (South Africa), Cargill España SA (Spain), Cargill Nordic A/S (Sweden), Provimi (Netherlands), and NatureWorks (US).

ADM (US)

ADM is a food manufacturing company that is primarily involved in the production of food & beverage ingredients, feed & feed ingredients, industrial ingredients, biofuels, and naturally derived alternatives to industrial chemicals. The company operates through four business segments, namely, Ag services & oilseeds, carbohydrate solutions, nutrition, and others. The company offers oils derived from vegetable sources for food, industry, and fuel applications.

ADM engages in the feed additives market through its Nutrition segment, which focuses on health and wellness products. This segment is responsible for producing various animal nutrition products, including amino acids, protein meals, and feed ingredients, contributing to the company’s extensive offerings in the feed additives market. In addition, ADM produces specialized ingredients like soy proteins, natural health products, and gluten-free ingredients, catering to the growing demand for sustainable and health-focused livestock nutrition solutions.

The company operates through 46 innovation centers, 271 processing plants, 450 crop procurement facilities, and 200 bulk storage facilities in nearly 200 countries across regions. ADM operates through numerous subsidiaries, such as Ab Mauri (UK), ABF Ingredients (UK), ABITEC Corporation (US), Ohly (Germany), Golden Peanut Company LLC (US), ADM Milling (US), ADM Do Brasil Ltda. (Brazil), Wild Flavors, Inc. (US), and ADM Hamburg Ag (Germany).

International Flavors & Fragrances Inc. (US)

International Flavors & Fragrances Inc. (IFF) is a leading global provider of flavor and fragrance solutions for the food, beverage, health, and pharmaceutical industries. Headquartered in New York City, IFF develops and manufactures a wide range of products, including natural and plant-based food ingredients, specialty enzymes, probiotics, and fragrance compounds. The company operates across four primary segments: Nourish, Health and Biosciences, Scent, and Pharma Solutions, each addressing specific market needs with a broad portfolio of innovative solutions.

In the feed additives market, IFF plays a significant role in its Health and Biosciences segment, which offers specialized ingredients and solutions such as food cultures, enzymes, and probiotics. These products are integral to enhancing animal nutrition, health, and overall feed efficiency. The company's focus on scientific research and technological advancements allows it to deliver tailored solutions that meet the evolving needs of livestock feed formulations and contribute to improved animal performance and health.

IFF has a substantial global presence with operations spanning 45 countries, including major manufacturing sites in the US, Spain, the Netherlands, China, and India. This extensive geographic footprint enables IFF to effectively serve diverse markets and maintain a competitive edge through its well-established distribution network and local expertise. The company's strategic international positioning supports its ability to meet global demand for feed additives and leverage regional market opportunities.

Related Reports:

Feed Additives Market by Livestock, Type (Amino Acids, Probiotics, Vitamins, Acidifiers, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, and Antioxidants), Livestock, Form, Source, Function, and Region - Global Forecast to 2029

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