
Report ID: SQMIG35E2053
SkyQuest Technology's Feed additives market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Feed Additives Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Feed Additives Market size was valued at USD 37.1 billion in 2023 and is poised to grow from USD 38.99 billion in 2024 to USD 58.05 billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).
The feed additives market is undergoing a significant transformation as manufacturers respond to rising consumer expectations, stricter feed standards, and a heightened focus on animal health and welfare.
According to the United Nations population projections for 2050, the global population is anticipated to reach more than 9.7 billion, leading to an increasing demand for animal protein. The consumption of animal protein has increased significantly in recent years. The animal-derived protein industry is expected to expand due to health benefits associated with meat consumption and animal by-products.
With increasing feed standards, growing awareness among consumers and the demand for healthy animal by-products, the feed additive manufacturers are looking for non-residual and more natural alternatives to traditional additives. Some vital additives most commonly used in feed are prebiotics, probiotics, herbs, and feed enzymes. Herbs, such as cinnamon, cumin, celery, and their botanical extracts, are also used in feed as additives. These botanical herbs possess medicinal properties that help to improve anti-inflammatory properties of feed and act as an antioxidant, antimicrobial, digestibility booster, and immune stimulant at the same time.
How Does AI Improve Decision-Making for Livestock Farmers?
Artificial Intelligence (AI) is revolutionizing the feed additives market by enabling smarter, data-driven decisions in animal nutrition and production efficiency. Through AI-powered technologies, manufacturers and farmers can now analyze vast amounts of data related to animal behavior, health, and dietary needs, leading to more precise formulation and delivery of feed additives.
A major way AI is influencing the sector is through precision feeding systems, which use real-time data to tailor feed compositions to the individual needs of animals. This results in optimized feed efficiency, reduced waste, and improved animal health all while minimizing environmental impact.
In March 2024, Evonik Industries announced the expansion of its AI-based platform "Porphyrio", which helps poultry producers optimize nutrition strategies using cloud-based data analytics. This platform enables producers to fine-tune additive blends, such as amino acids and probiotics, based on real-time performance metrics. The outcome is a more sustainable, cost-efficient feeding process that aligns with both productivity and animal welfare goals.
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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?
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