Global Nutritional Ingredients in Animal Feed Market
The Nutritional Ingredients in Animal Feed Market was valued at USD 40.38 Billion in 2022 and is expected to expand to USD 62.34 Billion in 2030 at a CAGR of 5.58% during the forecast period 2023- 2030.
Market Overview
Animal feed is a vital source of nutrients for the animals. Animals require critical nutrients for growth and life in the same way that humans do. The global market value of animal feed has expanded due to growing consumption of meat, dairy, and poultry products.
Market Drivers
Market expansion will be fuelled by a greater focus on animal health. Demand for feed and animal nutrition will probably rise as cow farming becomes more prevalent and need for animal-based goods will rise due to rising human need. As their momentum increases, proponents of natural growth are anticipated to be active in the market. The market's demand has been fuelled by growing consumer knowledge of the advantages of employing feed additives to minimize disease.
Furthermore, an increase in demand for organic meat from developed-country consumers, as well as the implementation of new animal rearing practises and the maintenance of high farming standards, has created a positive outlook for the industry.
Market Restraints
The availability of low-quality counterfeit products of animal nutrition in the market may restrict the market growth. The consumption of the low-quality imitated product could lead to health problems in animals such as increased toxicity, infertility, compromised immunity, and others which can directly impact the production of livestock.
Market Opportunities
Increasing investment in R&D serves as a potent opportunity for the market. R&D efforts focus on enhancing the quality, efficiency, and sustainability of animal feed and nutrition. Improved nutrition and feed efficiency lead to healthier animals and reduced costs for farmers and producers. Research also identifies additives that promote animal health and welfare, ensuring higher productivity.
Impact of Covid-19
The COVID-19 pandemic, that began in China and spread throughout the world, and had a drastic impact on the Global Nutritional Ingredients in Animal Feed Market. COVID-19 affected the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. COVID-19 has had a truly global impact, where supply chain have faced multiple fractures – at component suppliers, at manufacturing sites and in the ‘last mile’ to the customer. With the pandemic sparking a major global recession, demand and prices for most industrial commodities have been driven lower.
Market Segmentation
Global Nutritional Ingredients in Animal Feed Market is segmented into Type, Application, Distribution Channel, and Function. Based on Type, the Global Nutritional Ingredients in Animal Feed Market is segmented into Vitamin, Minerals, Protein, Carbohydrates, Amino Acids, Enzymes, Probiotics, Prebiotics, and Others. Based on Application, the Global Nutritional Ingredients in Animal Feed Market is segmented into Poultry, Swine, Cattle, Pets, Aquaculture, Equine, and Others. By Distribution Channel, the Global Nutritional Ingredients in Animal Feed Market is segmented into Direct, Indirect. Based on Function, the Global Nutritional Ingredients in Animal Feed Market is segmented into Growth Enhancement, Disease Prevention, Gut Health, Digestibility Improvement, Feed Efficiency.
Regional Analysis
Global Nutritional Ingredients in Animal Feed Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America held the largest share of 27.40% in 2022 and Europe is growing at a highest CAGR of 5.52% in the Global Nutritional Ingredients in Animal Feed Market by 2030. Due to increased demand for high-quality animal nutrition, sustainability concerns, and technological advancements, boosting the region's agricultural sector.
Market Key Players
Various key players are discussed in this report such as BASF SE, Adisseo: A Bluestar Company, Koninklijke DSM NV, Cargill, Nutreco, Kerry Group, Barentz, and Ingredion.
Key Developments
Market Taxonomy
By Type
• Vitamin
• Minerals
• Protein
• Carbohydrates
• Amino Acids
• Enzymes
• Probiotics
• Prebiotics
• Others
By Application
• Poultry
• Swine
• Cattle
• Pets
• Aquaculture
• Equine
• Others
By Distribution Channel
• Direct
• Indirect
By Function
• Growth Enhancement
• Disease Prevention
• Gut Health
• Digestibility Improvement
• Feed Efficiency
By Region
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Nutritional Ingredients in Animal Feed Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global Nutritional Ingredients in Animal Feed Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Nutritional Ingredients in Animal Feed Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Nutritional Ingredients in Animal Feed Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Nutritional Ingredients in Animal Feed Market Share Analysis, By Type
5.3 Global Nutritional Ingredients in Animal Feed Market Size and Forecast, By Type
5.3.1 Vitamin
5.3.2 Minerals
5.3.3 Protein
5.3.4 Carbohydrates
5.3.5 Amino Acids
5.3.6 Enzymes
5.3.7 Probiotics
5.3.8 Prebiotics
5.3.9 Others
6 Global Nutritional Ingredients in Animal Feed Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Nutritional Ingredients in Animal Feed Market Share Analysis, By Application
6.3 Global Nutritional Ingredients in Animal Feed Market Size and Forecast, By Application
6.3.1 Poultry
6.3.1.1 Broiler
6.3.1.2 Layer
6.3.1.3 Turkey
6.3.1.4 Chicken
6.3.1.5 Others
6.3.2 Swine
6.3.2.1 Starter
6.3.2.2 Grower
6.3.2.3 Sow
6.3.3 Cattle
6.3.3.1 Cow
6.3.3.2 Calf
6.3.3.3 Sheep
6.3.3.4 Horse
6.3.3.5 Goat
6.3.4 Pets
6.3.4.1 Dogs
6.3.4.2 Cats
6.3.4.3 Birds
6.3.4.4 abbits
6.3.5 Aquaculture
6.3.6 Equine
6.3.7 Others
7 Global Nutritional Ingredients in Animal Feed Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Nutritional Ingredients in Animal Feed Market Share Analysis, By Distribution Channel
7.3 Global Nutritional Ingredients in Animal Feed Market Size and Forecast, By Distribution Channel
7.3.1 Direct
7.3.2 Indirect
8 Global Nutritional Ingredients in Animal Feed Market, By Function
8.1 Y-o-Y Growth Comparison, By Function
8.2 Global Nutritional Ingredients in Animal Feed Market Share Analysis, By Function
8.3 Global Nutritional Ingredients in Animal Feed Market Size and Forecast, By Function
8.3.1 Growth Enhancement
8.3.2 Disease Prevention
8.3.3 Gut Health
8.3.4 Digestibility Improvement
8.3.5 Feed Efficiency
9 Global Nutritional Ingredients in Animal Feed Market, By Region
9.1 Global Nutritional Ingredients in Animal Feed Market Share Analysis, By Region
9.2 Global Nutritional Ingredients in Animal Feed Market Size and Forecast, By Region
9.3 Global Nutritional Ingredients in Animal Feed Market Trends and Forecast, By Region
10 North America Nutritional Ingredients in Animal Feed Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Type
10.3 North America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Application
10.4 North America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Distribution Channel
10.5 North America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Function
10.6 North America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1 Market Size and Forecast, By Type
10.6.1.2 Market Size and Forecast, By Application
10.6.1.3 Market Size and Forecast, By Distribution Channel
10.6.1.4 Market Size and Forecast, By Function
10.6.2 Canada
10.6.2.1 Market Size and Forecast, By Type
10.6.2.2 Market Size and Forecast, By Application
10.6.2.3 Market Size and Forecast, By Distribution Channel
10.6.2.4 Market Size and Forecast, By Function
10.6.3 Mexico
10.6.3.1 Market Size and Forecast, By Type
10.6.3.2 Market Size and Forecast, By Application
10.6.3.3 Market Size and Forecast, By Distribution Channel
10.6.3.4 Market Size and Forecast, By Function
11 Europe Nutritional Ingredients in Animal Feed Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Nutritional Ingredients in Animal Feed Market Size and Forecast, By Type
11.3 Europe Nutritional Ingredients in Animal Feed Market Size and Forecast, By Application
11.4 Europe Nutritional Ingredients in Animal Feed Market Size and Forecast, By Distribution Channel
11.5 Europe Nutritional Ingredients in Animal Feed Market Size and Forecast, By Function
11.6 Europe Nutritional Ingredients in Animal Feed Market Size and Forecast, By Country
11.6.1.1 Market Size and Forecast, By Type
11.6.1.2 Market Size and Forecast, By Application
11.6.1.3 Market Size and Forecast, By Distribution Channel
11.6.1.4 Market Size and Forecast, By Function
11.6.2 France
11.6.2.1 Market Size and Forecast, By Type
11.6.2.2 Market Size and Forecast, By Application
11.6.2.3 Market Size and Forecast, By Distribution Channel
11.6.2.4 Market Size and Forecast, By Function
11.6.3 UK
11.6.3.1 Market Size and Forecast, By Type
11.6.3.2 Market Size and Forecast, By Application
11.6.3.3 Market Size and Forecast, By Distribution Channel
11.6.3.4 Market Size and Forecast, By Function
11.6.4 Russia
11.6.4.1 Market Size and Forecast, By Type
11.6.4.2 Market Size and Forecast, By Application
11.6.4.3 Market Size and Forecast, By Distribution Channel
11.6.4.4 Market Size and Forecast, By Function
11.6.5 Italy
11.6.5.1 Market Size and Forecast, By Type
11.6.5.2 Market Size and Forecast, By Application
11.6.5.3 Market Size and Forecast, By Distribution Channel
11.6.5.4 Market Size and Forecast, By Function
11.6.6 Spain
11.6.6.1 Market Size and Forecast, By Type
11.6.6.2 Market Size and Forecast, By Application
11.6.6.3 Market Size and Forecast, By Distribution Channel
11.6.6.4 Market Size and Forecast, By Function
11.6.7 Rest of Europe
11.6.7.1 Market Size and Forecast, By Type
11.6.7.2 Market Size and Forecast, By Application
11.6.7.3 Market Size and Forecast, By Distribution Channel
11.6.7.4 Market Size and Forecast, By Function
12 Asia Pacific Nutritional Ingredients in Animal Feed Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Nutritional Ingredients in Animal Feed Market Size and Forecast, By Type
12.3 Asia Pacific Nutritional Ingredients in Animal Feed Market Size and Forecast, By Application
12.4 Asia Pacific Nutritional Ingredients in Animal Feed Market Size and Forecast, By Distribution Channel
12.5 Asia Pacific Nutritional Ingredients in Animal Feed Market Size and Forecast, By Function
12.6 Asia Pacific Nutritional Ingredients in Animal Feed Market Size and Forecast, By Country
12.6.1 China
12.6.1.1 Market Size and Forecast, By Type
12.6.1.2 Market Size and Forecast, By Application
12.6.1.3 Market Size and Forecast, By Distribution Channel
12.6.1.4 Market Size and Forecast, By Function
12.6.2 Japan
12.6.2.1 Market Size and Forecast, By Type
12.6.2.2 Market Size and Forecast, By Application
12.6.2.3 Market Size and Forecast, By Distribution Channel
12.6.2.4 Market Size and Forecast, By Function
12.6.3 India
12.6.3.1 Market Size and Forecast, By Type
12.6.3.2 Market Size and Forecast, By Application
12.6.3.3 Market Size and Forecast, By Distribution Channel
12.6.3.4 Market Size and Forecast, By Function
12.6.4 South Korea
12.6.4.1 Market Size and Forecast, By Type
12.6.4.2 Market Size and Forecast, By Application
12.6.4.3 Market Size and Forecast, By Distribution Channel
12.6.4.4 Market Size and Forecast, By Function
12.6.5 Australia
12.6.5.1 Market Size and Forecast, By Type
12.6.5.2 Market Size and Forecast, By Application
12.6.5.3 Market Size and Forecast, By Distribution Channel
12.6.5.4 Market Size and Forecast, By Function
12.6.6 New Zealand
12.6.6.1 Market Size and Forecast, By Type
12.6.6.2 Market Size and Forecast, By Application
12.6.6.3 Market Size and Forecast, By Distribution Channel
12.6.6.4 Market Size and Forecast, By Function
12.6.7 Singapore
12.6.7.1 Market Size and Forecast, By Type
12.6.7.2 Market Size and Forecast, By Application
12.6.7.3 Market Size and Forecast, By Distribution Channel
12.6.7.4 Market Size and Forecast, By Function
12.6.8 Malaysia
12.6.8.1 Market Size and Forecast, By Type
12.6.8.2 Market Size and Forecast, By Application
12.6.8.3 Market Size and Forecast, By Distribution Channel
12.6.8.4 Market Size and Forecast, By Function
12.6.9 Rest of Asia
12.6.9.1 Market Size and Forecast, By Type
12.6.9.2 Market Size and Forecast, By Application
12.6.9.3 Market Size and Forecast, By Distribution Channel
12.6.9.4 Market Size and Forecast, By Function
13 Latin America Nutritional Ingredients in Animal Feed Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Type
13.3 Latin America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Application
13.4 Latin America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Distribution Channel
13.5 Latin America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Function
13.6 Latin America Nutritional Ingredients in Animal Feed Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1 Market Size and Forecast, By Type
13.6.1.2 Market Size and Forecast, By Application
13.6.1.3 Market Size and Forecast, By Distribution Channel
13.6.1.4 Market Size and Forecast, By Function
13.6.2 Argentina
13.6.2.1 Market Size and Forecast, By Type
13.6.2.2 Market Size and Forecast, By Application
13.6.2.3 Market Size and Forecast, By Distribution Channel
13.6.2.4 Market Size and Forecast, By Function
13.6.3 Colombia
13.6.3.1 Market Size and Forecast, By Type
13.6.3.2 Market Size and Forecast, By Application
13.6.3.3 Market Size and Forecast, By Distribution Channel
13.6.3.4 Market Size and Forecast, By Function
13.6.4 Peru
13.6.4.1 Market Size and Forecast, By Type
13.6.4.2 Market Size and Forecast, By Application
13.6.4.3 Market Size and Forecast, By Distribution Channel
13.6.4.4 Market Size and Forecast, By Function
13.6.5 Chile
13.6.5.1 Market Size and Forecast, By Type
13.6.5.2 Market Size and Forecast, By Application
13.6.5.3 Market Size and Forecast, By Distribution Channel
13.6.5.4 Market Size and Forecast, By Function
13.6.6 Venezuela
13.6.6.1 Market Size and Forecast, By Type
13.6.6.2 Market Size and Forecast, By Application
13.6.6.3 Market Size and Forecast, By Distribution Channel
13.6.6.4 Market Size and Forecast, By Function
13.6.7 Rest of Latin America
13.6.7.1 Market Size and Forecast, By Type
13.6.7.2 Market Size and Forecast, By Application
13.6.7.3 Market Size and Forecast, By Distribution Channel
13.6.7.4 Market Size and Forecast, By Function
14 Middle East Nutritional Ingredients in Animal Feed Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Nutritional Ingredients in Animal Feed Market Size and Forecast, By Type
14.3 Middle East Nutritional Ingredients in Animal Feed Market Size and Forecast, By Application
14.4 Middle East Nutritional Ingredients in Animal Feed Market Size and Forecast, By Distribution Channel
14.5 Middle East Nutritional Ingredients in Animal Feed Market Size and Forecast, By Function
14.6 Middle East Nutritional Ingredients in Animal Feed Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.1.1 Market Size and Forecast, By Type
14.6.1.2 Market Size and Forecast, By Application
14.6.1.3 Market Size and Forecast, By Distribution Channel
14.6.1.4 Market Size and Forecast, By Function
14.6.2 UAE
14.6.2.1 Market Size and Forecast, By Type
14.6.2.2 Market Size and Forecast, By Application
14.6.2.3 Market Size and Forecast, By Distribution Channel
14.6.2.4 Market Size and Forecast, By Function
14.6.3 Egypt
14.6.3.1 Market Size and Forecast, By Type
14.6.3.2 Market Size and Forecast, By Application
14.6.3.3 Market Size and Forecast, By Distribution Channel
14.6.3.4 Market Size and Forecast, By Function
14.6.4 Kuwait
14.6.4.1 Market Size and Forecast, By Type
14.6.4.2 Market Size and Forecast, By Application
14.6.4.3 Market Size and Forecast, By Distribution Channel
14.6.4.4 Market Size and Forecast, By Function
14.6.5.1 Market Size and Forecast, By Type
14.6.5.2 Market Size and Forecast, By Application
14.6.5.3 Market Size and Forecast, By Distribution Channel
14.6.5.4 Market Size and Forecast, By Function
14.6.6 Rest of Middle East & Africa
14.6.6.1 Market Size and Forecast, By Type
14.6.6.2 Market Size and Forecast, By Application
14.6.6.3 Market Size and Forecast, By Distribution Channel
14.6.6.4 Market Size and Forecast, By Function
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 BASF SE
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Adisseo: A Bluestar Company
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Koninklijke DSM NV
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Cargill
16.4.1 Overview
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Nutreco
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Kerry Group
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Barentz
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Ingredion
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
