#Animal Feed Additives Market

[rupalic]

The global animal feed additives market size is estimated to be valued at USD 42.2 billion in 2023 and is projected to reach USD 55.8 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

[animal-care]

Exploring Innovations Revolutionizing the Animal Feed Industry

Introduction

The global animal feed market was valued at over USD 460 billion in 2021 and is projected to exceed USD 650 billion by 2028, registering a compound annual growth rate CAGR of 4% during the forecast period. The Animal Feed Market is experiencing dynamic changes driven by evolving consumer preferences, technological advancements, and sustainability initiatives. This in-depth analysis delves into the latest innovations shaping the animal feed industry, providing insights into key trends, opportunities, and challenges for stakeholders.

Innovations Driving the Animal Feed Market:

Alternative Protein Sources:

With the escalating demand for sustainable and plant-based diets, alternative protein sources for animal feed formulations are gaining momentum.

Innovations in insect protein production, algae cultivation, single-cell proteins, and microbial biomass offer sustainable alternatives to conventional protein sources like soybean meal and fishmeal.

These alternative protein sources not only promote environmental sustainability but also provide essential nutrients for animals while reducing reliance on scarce resources.

Precision Nutrition:

Advancements in precision nutrition technologies are reshaping feed formulation and delivery, enabling customized diets tailored to individual animals' specific nutritional requirements.

Technologies such as near-infrared spectroscopy (NIRS), metabolomics, and predictive modeling enable real-time monitoring of animal health, performance, and nutrient utilization, leading to more efficient feed management practices.

The precision nutrition segment is anticipated to witness substantial growth, driven by increasing investments in digital technologies and data analytics, with the market expected to surpass USD 3 billion by 2028.

Alternative protein sources are expected to capture a significant market share, with insect protein alone projected to reach USD 1.5 billion by 2028.

Functional Feed Additives:

Functional feed additives, including probiotics, prebiotics, enzymes, organic acids, and botanical extracts, are gaining prominence for their potential to enhance animal health, immunity, and performance.

These additives support gut health, improve nutrient absorption, and mitigate the adverse effects of stress, pathogens, and environmental challenges on animal welfare.

Innovations in encapsulation and delivery technologies are enhancing the stability and efficacy of functional additives, ensuring their effectiveness throughout the animal's digestive tract.

Blockchain and Traceability:

Blockchain technology is increasingly being harnessed to enhance transparency, traceability, and accountability in the animal feed supply chain.

Through blockchain-based platforms, stakeholders can track feed ingredient journeys from farm to fork, ensuring compliance with quality standards, safety regulations, and sustainability criteria.

Blockchain facilitates seamless data sharing and verification across the supply chain, mitigating the risks of fraud, contamination, and mislabeling, thereby safeguarding animal and human health while bolstering consumer trust.

Challenges and Opportunities

Regulatory Hurdles:

Despite the potential benefits of innovative feed technologies, regulatory hurdles and approval processes can impede their adoption and commercialization.

Stakeholders must navigate complex regulatory landscapes and demonstrate the safety, efficacy, and sustainability of novel feed ingredients and additives to gain regulatory approval and market acceptance.

Cost Considerations:

The adoption of innovative feed technologies may involve higher initial costs and necessitate investment in research and development.

Stakeholders must carefully evaluate the cost-benefit ratio of implementing new technologies, considering factors such as feed efficiency improvements, animal performance gains, and long-term sustainability benefits.

Conclusion

Innovation is driving profound changes in the Animal Feed Market, offering transformative solutions to meet the evolving needs of livestock producers, consumers, and the environment. By embracing cutting-edge technologies and addressing regulatory challenges, stakeholders can unlock new opportunities for sustainable and profitable animal nutrition solutions while ensuring the health, welfare, and productivity of animals.

[blueweave8]

Animal Feed Additives Market Scope, Industry Trends, Forecast 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global animal feed additives market size at USD 38.31 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global animal feed additives market size to grow at a CAGR of 5.77% reaching a value of USD 53.63 billion by 2029. Growing meat consumption and expansion of the livestock industry are two key drivers of the global animal feed additives market. The increasing incidence of zoonotic illnesses has also resulted in farmers focusing on enhancing the well-being and productivity of their livestock.

Animal Feed Additives – Overview

Feed additives play a significant role in animal nutrition by enhancing feed quality, animal health, and the yield and quality of food derived from animals. Their primary function is to boost feed efficiency, but they may also accelerate ruminant growth rates on a high-roughage diet. By enhancing the digestibility of feed ingredients and serving as an addition for farm animals whose usual diets lack appropriate nutrients, it also enhances the health and performance of the animals. In animal rations, some of the most often utilized feed additives include colors, pro- and prebiotics, antioxidants, and antibiotic growth promoters.

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Global Animal Feed Additives Market – By Form

Based on form, the global animal feed additives market is segmented into dry, liquid, and others. Dry animal feed additives hold the largest share in the market owing to their longer shelf life and higher stability. A longer shelf life allows livestock producers to mass store these products and save costs. This form of additive is easy to transport and store, which offers convenience to the manufacturers and transporters as well as minimizing wastage, which contributes to its market growth.

Impact of COVID-19 on Global Animal Feed Additives Market

The COVID-19 pandemic presented lucrative growth opportunities for the global animal feed additives market. The surge in the prevalence of animal-related diseases and rising consumer consciousness toward zoonotic diseases lead to stringent regulations in the animal husbandry industry. This resulted in higher investments in animal proteins and overall nutrition by the livestock producers, which resulted in a significant growth in the demand for animal feed additives in the market. However, the market may be hampered in the long run by a decline in meat consumption due to consumer shifts towards plant-based meat as well as ethical and environmental reasons.

Competitive Landscape

Major players operating in the global animal feed additives market include Cargill Inc., Kemin Industries, Inc., ANOVA Group, BIOMIN Holding GmbH, Olmix Group, ADM, Evonik Industries, Chr. Hansen Holding, Alltech, Inc., Koninklijke DSM N.V., Ajinomoto Co., Inc., BASF SE, Phibro Animal Health Corporation, Addcon Group GmbH, and SHV Holdings N.V.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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[kncnutrition]

KNC Nutrition focuses on providing chelated mineral supplements tailored to support optimal health for livestock to improve there health to return high productivity. By ensuring superior absorption and utilization of essential minerals, these supplements contribute to healthier livestock, improved performance, and ultimately, better profitability for animal producers.

[databridgemarket456]

Animal feed acidifier market is expected to grow at a CAGR of 4.90% in the forecast period 2021 to 2028. Increasing consumption of meat and dairy products is the major factor driving the growth of animal feed acidifier market in the forecast period of 2021-2028.

[markettrend24]

Animal Feed Additives Market Growth, Overview with Detailed Analysis 2022-2028

Animal Feed Additives Market Growth, Overview with Detailed Analysis 2022-2028

The Animal Feed Additives Market research report 2022-2030 provides an in-depth analysis of the changing trends, opportunities, and challenges influencing the growth over the next decade. The study includes a detailed summary of each market along with data related to demand, supply and distribution. The report examines Animal Feed Additives market growth strategies adopted by leading…

[marketinsight1234]

Animal Feed Additives Market Outlook for Forecast Period (2023 to 2030)

Global Animal Feed Additives Market was valued at USD 22.15 Billion in 2021 and is expected to reach USD 33.75 Billion by the year 2028, at a CAGR of 6.2%.

Feed additives is substance or combination of ingredients mixed into the basic feed mix or parts thereof to cater to the specific need. Feed additives form an essential part of animal nutrition, which enhances the feed quality, yield & quality of food from animal origin, and animal health. Generally, application in microquantities and requires careful handling and mixing. It is used to enhance the rate of gain, feed efficiency, preventing and controlling disease, prevention against untoward environmental influences. Furthermore, feed additives have main two types such as nutrient feed additives which include amino acids, minerals, and vitamins, and non-nutrient feed additives which include antibiotics, hormones, immunomodulators, enzymes, probiotics.

Leading players involved in the Animal Feed Additives Market include:

BASF SE, Tyson Foods Inc., Lallemand Inc., Kemin Industries, E. I. du Pont de Nemours and Company, Ajinomoto Co. Inc., Koninklijke DSM N.V., Akzo Nobel N.V., Alltech Inc., Biomin GmbH, Cargill Inc., Chr. Hansen Holding A/S, CP Group, Evonik Industries AG, Norel S.A., Novozymes A/S, Nutreco, Phibro Animal Health Corporation, Novus International Inc., Solvay Group, Archer Daniels Midland Company, Invivo Group and others Major players. 

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The latest research on the Animal Feed Additives market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Animal Feed Additives industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Animal Feed Additives market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

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Segmentation of Animal Feed Additives Market:

By Type

Amino Acids

Antibiotics

Feed Enzymes

Feed Acidifiers

Vitamins

Others

By Form

Dry

Liquid

By Source

Synthetic

Natural

By Livestock

Ruminant

Swine

Poultry

Aquaculture

Others

An in-depth study of the Animal Feed Additives industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

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Access a detailed breakdown of the Animal Feed Additives Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.

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Obtain a detailed analysis of competitors and their key tactics in the Animal Feed Additives Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.

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Evaluate the accuracy of global Animal Feed Additives Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.

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[cmibloggers]

Global Animal Nutrition Market Is Estimated To Witness High Growth Owing To Increasing Demand for Nutritious Feed

The global animal nutrition market is estimated to be valued at USD 22.18 billion in 2022 and is expected to exhibit a CAGR of 6.93% over the forecast period 2023-2032, as highlighted in a new report published by Coherent Market Insights.

A) Market Overview:

The animal nutrition market deals with the production and supply of nutritious feed for animals. This includes feed additives, supplements, and premixes that are essential for the growth and development of animals. The market offers a wide range of products tailored to the specific needs of various animal species such as poultry, swine, ruminants, and aquaculture.

The need for high-quality animal nutrition products arises from the increasing demand for meat, dairy, and other animal-based products, driven by the growing global population. Consumers are becoming more aware of the importance of a nutritious diet for animal health and welfare, which in turn impacts the quality and safety of the end products they consume. As a result, there is a rising focus on providing animals with balanced diets that promote healthy growth, improve productivity, and reduce the risk of diseases.

B) Market Key Trends:

One key trend in the animal nutrition market is the shift towards natural and organic feed additives. With the increasing preference for clean-label products and sustainable farming practices, there is a growing demand for feed additives derived from natural sources. Organic additives offer several benefits such as improved digestion, enhanced immunity, and reduced dependency on antibiotics. For example, probiotics and prebiotics derived from natural sources have gained significant popularity as they promote gut health in animals without any adverse effects.

C) PEST Analysis:

Political: Government regulations on animal welfare and feed safety standards play a crucial role in shaping the animal nutrition market. Strict regulations regarding the use of antibiotics and growth-promoting substances in animal feed are driving the demand for alternative feed additives.

Economic: The increasing disposable income and changing dietary preferences of consumers are driving the demand for high-quality animal-based products. This, in turn, is pushing farmers and animal nutrition companies to invest in premium feed solutions for better animal health and improved product quality.

Social: The rising awareness about animal welfare and the impact of animal nutrition on human health is influencing consumer preferences. There is a growing demand for products that are produced using sustainable and ethical farming practices.

Technological: Advancements in technology have enabled the production of innovative animal nutrition solutions. Precision feeding, precision farming, and digital technologies are being adopted to optimize feed formulations and monitor animal health and performance.

D) Key Takeaways:In terms of market size, the global animal nutrition market is expected to witness high growth, exhibiting a CAGR of 6.93% over the forecast period. This growth can be attributed to increasing consumer demand for safe and nutritious animal-based products. The rising focus on natural and organic feed additives is also expected to drive market growth.

Regionally, Asia Pacific is expected to be the fastest-growing and dominating region in the animal nutrition market. The growing population, rising urbanization, and increasing disposable income in countries like China and India are driving the demand for high-quality animal-based products. Additionally, the presence of key players in the region further contributes to its dominance.

Key players operating in the global animal nutrition market include Archer-Daniels-Midland Company, Adisseo France SAS, Alltech, BASF SE, Cargill Inc., Dow Chemical Company, DuPont, Evonik Industries AG, Tata Chemicals, Novozymes A/S, Royal DSM N.V., Kemin Industries, Inc., and Nutreco N.V. These players focus on research and development activities to introduce innovative products and gain a competitive edge in the market.

Overall, the animal nutrition market is poised for significant growth due to increasing demand for nutritious feed, rising consumer awareness about animal welfare, and the need for sustainable farming practices. Key players and industry stakeholders need to capitalize on these opportunities to meet the growing market demands and address the evolving needs of consumers.

[wilbursprincess]

PART 4 OF PRINCE WILBUR, PART 3 GAVE ME MEMORIES OF ROMEO AND JULIET ELOPING

-✨

Arranged Marriage With Princebur Pt. 4

Princebur x Female Reader

Warnings: No angst this time. Fluff, smut, all the feel good reads!

Fourth and final part of this story :) Love that everyone’s loved Princebur, and maybe I’ll have some more oneshots of him and reader that take place after this story!

Headcannons below cut!

~You two end up settling on a bit of land across the border, a cozy cottage nestled in the woods, a stream running through the pretty hills.

~To afford some furniture, you sell all the jewels and clothes from your old life, which gives you just enough for a rough wooden table, two chairs, and a perfectly cozy bed.

~Wilbur teaches himself to chop firewood to keep you two warm, and you set to work learning how to plant crops and keep animals, cooking simple yet delicious meals for two every day.

~He’s so tender and loving, the best husband you could ask for.

~You both wake with the sun each morning, Wilbur heading outside to milk the cow and collect eggs from the chickens that you’ll scramble up with homemade toast and hand churned butter for breakfast.

~One morning, he comes back to your little home with a mewling kitten in his arms, looking proud of himself.

~”Well, he was all alone by himself! I couldn’t leave him there, could I?”

~Soon after, in addition to your cow and chickens, you have three cats and two dogs. The dogs are allegedly to protect the animals, but Wilbur insists they sleep in the bed with you two and the cats each night.

~Wilbur feels so bad for basically ignoring your existence when you still lived in the castle, blaming himself for not wanting to own up for his feelings and begs to make it up to you.

~And oh, man, did he make it up to you.

~Being alone in a cozy thatched cottage with a lot of pent up energy…

~You were surprised that your family was limited to you two and a bunch of animals with how much he was pawing at you.

~Besides, when the sun went down, and the only light was coming from the fireplace… what else was there to do?

~The life you lived in luxury, with silk gowns, diamond jewels dripping from your neck and ears, staff waiting on you hand and foot, to waking up with the sun to feed the animals in the mud and rain… it was night and day difference.

~You’d often walk up to the small town, where they had a farmers market every Sunday.

~Your homemade bread and pastries were a favorite, and with the money from selling them, you took up a few hobbies.

~Knitting, crocheting, and painting were your favorites, and occasionally, Wilbur would join in the painting.

~Truth be told, he was awful, but you enjoyed spending time with him.

~This was the happiest life you’d ever known, and you couldn’t imagine living without the animals and your clingy-yet-loving husband.

[rebootgrimm]

I’m going to re-share this GoFundMe. I don’t know if they’re on Tumblr or not.

The copy-pasted story from the GoFundMe site is under the cut if you want to read, but as of July 1st they need money for:

Clothes

Temporary shelter (like a tent)

Food

Water

Hygiene products

Children’s supplies

Passport fees

Border crossing fees

Temporary accommodations

Possible flights out of Egypt

As like with every GoFundMe I share, if you can or can’t donate please reblog.

tags because it’s been hours and no one has seen this

@inktimerose @schnozzlebozzle @averagetmntfan @analog-cottage-gore @baileythebean

@thesilliestofallqueers @vv4loe @therearenonutsforsomeendermen @lilacquintet @candycoffinss

@ask-sora-aguilar

Hello!

This is Mohammed's family, currently residing in northern Gaza. We have initiated this fundraising campaign to help us leave Gaza for a safer place. Gaza has become uninhabitable. Let me briefly explain our situation.

Mohammed's family consists of:

Father: Mohammed (34 years old)

Mother: Sahar (30 years old)

Daughter: Tala (4 years old)

We are living in unimaginably harsh conditions. After losing our jobs in graphic design and digital marketing, we lost everything... our home, our jobs, our security, even the devices we used to work with, due to the devastating war in Gaza. We are now living in dreadful conditions, without a stable shelter or a source of income.

Our live turned into a nightmare due to the relentless war. Our warm home was not spared from the bombings; it was completely destroyed, and now we live in a small room.

We have endured numerous hardships. We have been displaced more than 5 times within northern Gaza, never reaching Rafah, always besieged under continuous bombardment, witnessing death day after day, miraculously escaping it.

On December 30th, we were trapped for 12 hours in a building belonging to our relatives, under constant airstrikes from planes and tanks. The upper floors were targeted and completely destroyed, but by the grace of God, we miraculously escaped under heavy gunfire and shelling. Mohammad was injured in his desperate attempt to escape danger, and now he suffers from a foot injury, exacerbated by the lack of medical care and malnutrition due to the famine we are facing.

We were forced to grind grains and feed on animal feed to survive. We haven't received aid for months, facing worsening conditions every day.

We separately need your support to leave Gaza and live in peace away from extermination and escape from the difficult living conditions, where bombings occur everywhere and every moment, electricity is scarce, and there is no decent food available. We have endured so much destruction in Gaza.

Please, help us leave Gaza and move to Egypt. The travel cost to cross the Egyptian border is $8,500 per person, and your contributions will be allocated to ensure their safe passage and evacuation from Gaza, in addition to covering the basic costs associated with them.

HOW WILL WE USE THE MONEY ?!

Your donations will give our family motivation to work hard for a new beginning. We decided to start this fundraising to help us to start a new and safe life So please we need your support thank you.

Your Donations cover:

Basic necessities

(water, food, hygiene products, children supplies)

Passport fees

Border crossing fees

Temporary accommodations and flights out of Egypt should we be able to secure them safe passage

In short, you can help us by:

Contributing: Every donation, regardless of its size, makes a difference in our lives.

Promoting: Help amplify our cause by sharing this fundraising campaign with your network of friends and family on social media platforms.

Let's join forces together to give us a new chance at life. We urgently need our support and solidarity.

Thank you for every contribution you make and for standing by their side in these difficult circumstances.

We will always be grateful for your generosity.

[animal-care]

Exploring Innovations in the Animal Feed Market Forecast 2028

Market Size and Growth

The Animal Feed Market is witnessing robust growth globally, fueled by the increasing demand for high-quality animal protein, growing livestock populations, and rising consumer awareness about animal nutrition and welfare. According to recent market research reports, the global animal feed market was valued at over USD 460 billion in 2021 and is projected to exceed USD 650 billion by 2028, registering a compound annual growth rate CAGR of 4% during the forecast period.

Key Drivers of Market Growth

Rising Meat Consumption:

The growing global population, rising disposable incomes, and changing dietary preferences are driving an increase in meat consumption worldwide.

As a result, there is a corresponding rise in demand for animal feed to support the production of livestock, poultry, and aquaculture species.

Expansion of Livestock Production:

Developing economies, particularly in Asia-Pacific and Latin America, are witnessing rapid urbanization and industrialization, leading to the expansion of intensive livestock farming operations.

This trend is driving the need for efficient and nutritious animal feed formulations to support the health, growth, and productivity of livestock and poultry.

Technological Advancements:

Innovations in feed processing technologies, such as extrusion, pelleting, and micronization, are improving the digestibility, palatability, and nutritional value of animal feeds.

Advanced feed additives and supplements, including vitamins, minerals, amino acids, and growth promoters, are enhancing animal performance and health outcomes, driving market growth.

Regional Market Insights

Asia-Pacific:

Asia-Pacific dominates the global animal feed market, accounting for the largest share of both production and consumption.

Rapid urbanization, rising disposable incomes, and increasing meat consumption in countries like China, India, and Vietnam are driving market growth in the region.

North America:

North America is a mature market for animal feed, characterized by high levels of automation, stringent quality standards, and advanced feed formulation practices.

The region benefits from a well-developed livestock industry, strong regulatory frameworks, and a focus on sustainability and animal welfare.

Europe:

Europe is witnessing a shift towards sustainable and organic animal farming practices, driving demand for organic and natural feed ingredients.

Regulatory initiatives promoting antibiotic-free production, animal welfare standards, and environmental sustainability are shaping the European animal feed market landscape.

Conclusion

The Animal Feed Market is poised for significant growth in the coming years, driven by factors such as rising meat consumption, expanding livestock production, and technological advancements in feed formulation and processing. As the industry continues to evolve, stakeholders must stay abreast of emerging trends, regulatory developments, and consumer preferences to capitalize on growth opportunities and address challenges effectively. By embracing innovation, sustainability, and collaboration, the animal feed industry can play a crucial role in ensuring food security, nutrition, and environmental sustainability for future generations.

[blueweave8]

Australia and New Zealand Animal Feed Additives Market Share, Trends, 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Australia and New Zealand Animal Feed Additives Market size at USD 9.82 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Australia and New Zealand Animal Feed Additives Market size to expand at a CAGR of 6.14% reaching a value of USD 12.11 billion by 2030. The increased frequency of zoonotic illnesses and expanding meat consumption are major growth factors for the Australia and New Zealand Animal Feed Additives Market.

By volume, BlueWeave estimated the Australia and New Zealand Animal Feed Additives Market size at 2.46 million tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Australia and New Zealand Animal Feed Additives Market size to expand at a CAGR of 7.30% reaching the volume of 3.75 million tons by 2030. During the period in analysis, it is projected that the Animal Feed Additives Market in Australia and New Zealand will be driven by growing consumer awareness and concerns as well as strict government regulations on the safety and quality of meat.

Sample Request @ https://www.blueweaveconsulting.com/report/australia-and-new-zealand-animal-feed-additives-market/report-sample

Opportunity: Flourishing sheep farming industry in Australia

The Australia and New Zealand Animal Feed Additives Market is segmented into swine, ruminants, poultry, aquatic animals, and others, based on livestock. The ruminant segment accounts for the highest market share owing to large sheep farming in Australia. According to the data from Pasture.io, an agritech company, Australia is the world's leading sheep exporter, exporting 57% of its lamb output and 92% of its mutton production. The flourishing sheep farming in Australia is a result of a favorable climate and vast grazing lands, along with strict animal welfare regulations in the country, which produces high-quality wool.

Australia and New Zealand Animal Feed Additives Market

Segmental Coverage

Australia and New Zealand Animal Feed Additives Market – By Form

Based on form, the Australia and New Zealand Animal Feed Additives Market is segmented into dry, liquid, and others. The dry segment holds the largest share in the Australia and New Zealand Animal Feed Additives Market. Dry feed additives are easier to carry, transport, and store compared to liquid products and have lower chances of contamination and leakage, which may result in significant losses to farmers. Furthermore, dry products are also cost effective, which plays a crucial role in driving market growth. However, liquid animal feed additives are also anticipated to witness a significant growth rate during the forecast period as they are more convenient to mix in the feed.

Australia and New Zealand Animal Feed Additives Market – By Country

The in-depth research report on the Australia and New Zealand Animal Feed Additives Market covers the market in Australia and New Zealand. Australia dominates the Australia and New Zealand Animal Feed Additives Market. Together with India and Brazil, Australia is one of the world's top livestock producers, which has a direct impact on the demand for animal feed additives in the nation. New Zealand holds a significant portion of the market. Australia was given a 'C' rating in the Animal Protection Index, whereas New Zealand obtained the highest 'A' rating from the UK-based World Animal Protection (WAP) Organization.

Competitive Landscape

Major players operating in the Australia and New Zealand Animal Feed Additives Market include Ridley Corporation Limited, Alltech, Kemin Industries, Inc, Dsm-Firmenich, Zagro, BEC Feed Solutions Pty Ltd, Reid Stockfeeds, Nutrinza, ADM, and Nutritech International Ltd.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

info@blueweaveconsulting.com