Feed Preservatives Market Size, Outlook Forecast 2024
The report "Feed Preservatives Market by preservative type (Propionates, Sulfates, Others), by application (Feed Acidifiers, Feed Antioxidants, Mold Inhibitors, Anticaking Agents, Others), by source (Natural Feed Preservatives, Synthetic Feed Preservatives), by feed type (Feed Premix, Compound Feed, Silage, Feed Meal, Others), by livestock (Ruminants, Poultry, Aquatic Animals, Swine, Equine, Sheep, Others) - Global Forecasts to 2030"
The global feed preservatives market is projected to reach USD 3.7 billion in 2023, registering a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period 2024-2030. The growth of the market is majorly driven by the growing applications of livestock in the food industry to fuel its production.
The additives used to keep animal feed fresh and nutritionally balanced are referred to as feed preservatives in the industry. Preservatives in feed contribute to the productivity and health of cattle, which raises the standard of meat and dairy products. Feed preservatives prolong the shelf life of livestock by improving its nutritional value and shielding it from microbial contamination.
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Competitive Dashboard:
The prominent key players operating in the global feed preservatives market are Alltech, Inc., Archer-Daniels-Midland Company, BASF SE, Cargill, Inc, DSM N.V., Kemin Industries, Eastman Chemical Company, Bluestar Adisseo Nutrition Group Ltd., Jungbunzlauer Suisse AG, Niacet Corporation, Pestell Minerals & Ingredients, Inc., Impextraco NV, Perstorp Holding AB, Novus International, Inc., Nutreco N.V., and Others.
Regional Overview:
The report also examines the current concerns and their Future Effects on the feed preservatives market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the feed preservatives market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
A Few Points from the Table of Contents –
1. Executive Summary
2. Global Feed Preservatives Market Introduction
3. Global Feed Preservatives Market Dynamics
4. Global Feed Preservatives Market Analysis, 2019 - 2023 and Forecast 2024 – 2030
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9. Global Feed Preservatives Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10. North America Feed Preservatives Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11. Europe Feed Preservatives Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12. Asia Pacific (APAC) Feed Preservatives Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13. Middle East and Africa (MEA) Feed Preservatives Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14. Latin America Feed Preservatives Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
15. Competition Landscape
16. Research Methodology
17. Appendix and Abbreviations
Scope of The Report:
- The feed preservatives market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
- The feed preservatives market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The feed preservatives market key players covered here to help them strengthen their place in the market.
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