Feed Supplements Market 1

Feed Supplements Market Research Report

Feed Supplements Market Research Report-

Forecast till 2023

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Market Overview

Feed supplements are added to livestock food formulation to increase the nutritional

content in the animal feed. The commonly added nutrients include proteins, vitamins,

amino acid, fatty acids, minerals and others. They help to improve the feed quality,

animal health and reduce the livestock diseases which further helps in quality of

products derived from livestock. Growing livestock industry is driving the market for

feed supplements.

Global Feed supplements Market Size are a means to provide additional nutritious

elements and improve the quality of livestock feed. Growing population in developing

countries has increased the demand for production and consumption of poultry,

swine, aquaculture and other livestock which is driving the market for feed

supplements. Moreover, increasing awareness of animal nutrition and rising concern

for animal health is boosting the feed supplements market.

Regional governments are forming regulations to standardize meat products to

prevent consumers from the outbreak of livestock diseases which is adding fuel to

the growth of feed supplements market. However, increase in the cost of raw

materials may hamper the market of feed supplements. Nevertheless, all these

factors are projected to contribute to the estimated CAGR of 6.2% of feed

supplements market during the forecast period 2017-2023.

Downstream Analysis

Based on the type, feed supplements market is segmented into protein, vitamins,

amino acid, fatty acids, minerals and others. Among all, amino acid is dominating

the market followed by vitamins. Amino acid contains lysine which is commonly used

in poultry and swine feed application. Whereas, vitamin segment is growing rapidly

due to vitamin deficiency found in livestock commonly.

Feed supplements market is segmented based on form such as dry, liquid and others.

The dry form of feed supplement is dominating the market. However, the liquid feed

supplement is projected to witness high growth over the forecast period.

Based on livestock, feed supplements are segmented into ruminants, poultry, swine,

aquaculture and others. Among all, ruminates is dominating the market based on

increased consumption of meat and meat products globally. However, poultry

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segment is witnessing steady growth over the forecast period owing to growth in

poultry industry.

Competitive Analysis

The major players in the feed supplements market

• BASF SE (Germany)

• Archer Daniels Midland Company (U.S.)

• Cargill, Incorporated (U.S.)

• Land O'Lakes, Inc. (U.S.)

• Grain Corp Ltd. (Australia)

• LEO BIO-CARE PVT. LTD (India)

• Dallas Keith Ltd (U.K.)

Regional Analysis

The global feed supplements market is segmented into North America, Europe, Asia

Pacific and rest of the world (RoW). Asia Pacific is dominating the feed supplement

market followed by North America. In Asia Pacific, rising population followed by

increasing consumption of livestock in developing countries of Asia Pacific is boosting

the feed supplement market. Moreover, China is the major exporter of meat which

in turn grows the market of feed supplements in this region.

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In North America, the U.S. is dominating the market owing to favorable government

regulations imposed. Moreover, rising demand for poultry and swine products in

Europe will boost the feed supplement market. Additionally, Brazil and Middle-East

regions are witnessing growth owing to increase in demand of protein intake from

swine and poultry applications.

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Feed Supplements Market 1

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