Feed Additives Market to Grow with a CAGR of 5.03% through 2028
Growing demands for antibiotic-free animal products is
expected to drive the United States Feed Additives Market growth in the
forecast period, 2024-2028.
According to TechSci Research report, “Feed
Additives Market – United States Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the United States Feed Additives Market
stood at USD 6.46 billion in 2022 and is anticipated to grow with a CAGR of 5.03%
in the forecast period, 2024-2028. The United States Feed Additives Market is
experiencing significant growth, driven by a combination of factors that are
reshaping the landscape of animal agriculture and the need for more efficient,
sustainable, and healthy livestock production. As consumers become increasingly
conscious of the quality of animal products they consume and the environmental
impact of agriculture, the demand for innovative feed additives is on the rise.
The primary driver behind the increasing demand for feed additives in the
United States is the consumer's desire for high-quality animal products.
Whether it's meat, dairy, eggs, or other animal-based products, consumers are
seeking healthier and safer options. Feed additives play a pivotal role in
improving the nutritional profile of livestock and poultry, ensuring that the
end products meet these expectations. Producers are using additives such as
vitamins, minerals, amino acids, and fatty acids to enhance the quality of
animal products.
The world's population continues to grow, and with it,
the demand for animal protein. Urbanization and higher incomes in emerging
economies have led to increased meat consumption. To meet this rising demand,
livestock and poultry producers in the United States are turning to feed
additives to optimize animal growth, increase feed efficiency, and shorten the
time it takes for animals to reach market weight. The agricultural industry is
under pressure to become more efficient and sustainable. Feed additives help
achieve both of these goals. Additives like enzymes and probiotics improve the
digestibility of feed, allowing animals to extract more nutrients from the same
amount of feed. This, in turn, reduces waste and resource consumption, making
livestock production more environmentally friendly.
Concerns about antibiotic resistance and the overuse
of antibiotics in livestock have prompted regulatory changes and consumer
demands for antibiotic-free animal products. Feed additives, including
probiotics, prebiotics, and immune stimulants, are being used as alternatives
to antibiotics to support animal health and reduce the need for antimicrobial
treatments.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "United States Feed Additives Market.”
Animal welfare has become a significant concern for
both consumers and producers. Feed additives that enhance animal well-being by
reducing stress, improving gut health, and minimizing disease outbreaks are in
high demand. These additives can improve the overall living conditions and
comfort of animals, which aligns with consumer preferences for ethically
produced animal products.
The United States Feed Additives Market is segmented Into
Ingredient Type, Form, Livestock, Regional Distribution, And Company.
Based on the Livestock, Poultry emerged
as the dominant segment in the United States market for United States Feed
Additives Market in 2022. Poultry, including chickens and turkeys, is one of
the most consumed sources of animal protein in the United States. The high
demand for poultry meat and eggs drives substantial production, necessitating
the use of feed additives to optimize growth and productivity. Poultry are
known for their efficiency in converting feed into meat or eggs. poultry
production in the United States often involves intensive farming practices,
such as large-scale broiler and layer operations. These operations benefit from
feed additives that enhance feed efficiency, reduce waste, and improve overall
productivity. Consumers are increasingly seeking lean and healthy poultry
products. Feed additives can be used to enrich poultry diets with nutrients
like omega-3 fatty acids or vitamins, resulting in meat and eggs that meet
consumer preferences for nutritional quality. Poultry farming is economically
significant in the United States, contributing substantially to the
agricultural sector. The profitability of poultry production is closely linked
to efficient feed utilization, making feed additives a vital component of the
industry's success.
Based on the Ingredient types, the Probiotics segment
emerged as the dominant player in the United States market for United States
Feed Additives Market in 2022. Probiotics are beneficial microorganisms that
promote a healthy balance of gut flora in animals. They enhance gut function by
supporting digestion and absorption of nutrients, reducing the risk of
digestive disorders, and improving overall digestive health. Healthy gut
function is essential for optimal animal growth and well-being. Probiotics play
a significant role in addressing the global concern of antibiotic resistance.
With increasing regulatory restrictions and consumer demand for reduced
antibiotic use in animal agriculture, probiotics offer a natural and effective
alternative for maintaining animal health and preventing disease without
relying on antibiotics.
Probiotics can strengthen the immune system of animals
by enhancing the gut-associated lymphoid tissue (GALT). This leads to improved
resistance against pathogens and reduces the incidence of infections,
ultimately reducing the need for antibiotics. Probiotics can help mitigate the
effects of stress in animals, such as those resulting from transportation,
environmental changes, or intensive production systems. By reducing stress,
probiotics support animal welfare and overall productivity.
Mid-West emerged as the dominant player
in the United States Feed Additives Market in 2022, holding the largest market share. The Mid-west supports
a diverse livestock sector, encompassing various species and production
systems. This diversity necessitates a wide range of feed additives tailored to
the specific nutritional needs of different animals and production goals,
further driving demand.
The region has a well-established
network of feed manufacturers, suppliers, and agricultural enterprises. This
infrastructure supports the production and distribution of feed additives to
meet the needs of local livestock producers. The Mid-western United States is
often referred to as the "Corn Belt" and the "Soybean Belt"
due to its substantial production of corn and soybeans. These crops are not
only essential for human consumption but also serve as primary ingredients in
animal feed. High-intensity crop and livestock production in the Mid-west
generates significant demand for feed additives to support animal nutrition and
health. The Mid-west is home to a large concentration of livestock operations,
including beef cattle, dairy cattle, swine, and poultry. These intensive
livestock farming operations rely heavily on feed additives to optimize animal
nutrition, enhance growth, and improve overall animal health. The sheer volume
of livestock in the region contributes to high demand for feed additives.
Major companies operating in United States Feed
Additives Market are:
- Adisseo
- Archer Daniel Midland Co.
- BASF SE
- Cargill Inc.
- DSM Nutritional Products AG
- Elanco Animal Health Inc.
- Evonik Industries AG
- IFF(Danisco Animal Nutrition)
- SHV (Nutreco NV)
- Solvay S.A
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“The United
States Feed Additives Market is poised for robust growth in the coming years.
Several key factors are expected to drive this expansion, including a growing global
population that demands a consistent supply of high-quality animal products.
Consumer preferences for healthier, sustainably sourced, and ethically produced
food are also fueling innovation in feed additives. Additionally, the
industry's commitment to reducing antibiotic use in animal agriculture is
leading to increased adoption of alternative additives like probiotics and
enzymes. Technological advancements, such as precision agriculture and data
analytics, are further enhancing the efficiency of feed additive utilization.
Moreover, the United States' position as a significant global exporter of
animal products is creating opportunities for feed additive manufacturers to
meet international standards and tap into global markets.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“United States Feed Additives Market Segmented By
Ingredient Type (Antibiotics, Vitamins, Enzyme, Antioxidants, Probiotics,
Others), By Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Others), By
Form (Dry, Liquid) Region and Competition, Opportunity, and Forecast, 2018-2028”, has evaluated
the future growth potential of United States Feed Additives Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States Feed Additives Market.
Contact
Mr. Ken Mathews
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com