Feed Additives Market Updates

Global Feed Additives Market size was valued at USD 36.34 Billion in 2023 and is poised to grow from USD 37.92 Billion in 2024 to USD 53.66 Billion by 2032, growing at a CAGR of 4.36% in the forecast period (2025-2032).

The global feed additives industry is highly competitive and features a mix of global players and regional leaders focused on providing solutions for livestock nutrition and health. Companies in this space are actively developing new products, forming strategic partnerships, and expanding their global presence. The major players in the feed additives market include Nutreco N.V., Alltech Inc., Kemin Industries, and DSM Nutritional Products AG, who dominate the market through a combination of broad product portfolios, geographical reach, and innovations in animal nutrition. These companies have been focusing on the development of natural and sustainable additives that meet the growing demand for healthier, more efficient animal production. 'Nutreco N.V.', 'Alltech Inc.', 'Kemin Industries Inc.', 'Biomin Holding GmbH', 'Novozymes A/S', 'DSM Nutritional Products AG', 'Cargill Inc.', 'BASF SE', 'Evonik Industries AG', 'ADM (Archer Daniels Midland Company)', 'Perstorp Holding AB', 'Phibro Animal Health Corporation'

The global appetite for meat, dairy, and poultry products is growing, especially in developing nations. This increased demand is pushing farmers and producers to enhance livestock productivity and product quality. Feed additives such as amino acids, vitamins, and probiotics play a critical role in ensuring animals receive optimal nutrition, thereby improving growth rates and immunity. As a result, the market penetration of these additives is expanding rapidly to meet quality expectations and health standards.

AI and Precision Livestock Farming: Artificial intelligence is becoming a game-changer in the way feed additives are formulated and administered. Precision feeding systems integrated with AI analyze animal behavior and nutritional needs in real time, allowing farmers to deliver tailor-made nutrition. This global feed additives trend is driving efficiency and sustainability across the value chain, and it's gaining traction among both established players and startups.

Why is North America a Hub for Feed Additive Innovation?