Animal Nutrition Ingredients Market Size, Share, Growth, Trends, and Forecast, 2032

Animal Nutrition Ingredients Market Insights

The global Animal Nutrition Ingredients Market size was valued at USD 100.40 Billion in 2023 and is predicted to reach USD 187.71 Billion by the end of 2032. The market is expected to grow with a CAGR of 7.2% during the forecast period. The report analyzes the global Animal Nutrition Ingredients Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Animal Nutrition Ingredients industry.

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Animal Nutrition Ingredients Market: Industry Perspective

The report covers forecast and analysis for the Animal Nutrition Ingredients market on a global and regional level. The study provides historic data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the Animal Nutrition Ingredients market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Animal Nutrition Ingredients market on a global level. In order to give the users of this report a comprehensive view of the Animal Nutrition Ingredients market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, livestock, form, source, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.

Nutrition Ingredients represent different groups of molecules, compounds, or organisms promoting ingestion, absorption, nutrient assimilation, growth, and health. We affect physiological processes like immune function, resistance to stress, and reproduction. Nutrition Ingredients include attractants for feeding, immunostimulants, prebiotics, probiotics, antibiotics, essential oils, or other inclusions. Typically these additives are not nutrients required.

Animal Nutrition Ingredients Market: Segmentation Analysis

The study provides a decisive view of the Animal Nutrition Ingredients market by segmenting the market based on type, livestock, form, source, and regions.

Based on type, the market is segmented into amino acids, phosphates, vitamins, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, flavors & sweeteners, antibiotics, minerals, antioxidants, non-protein nitrogen, phytogenics, preservatives, probiotics. It is projected that the demand for animal nutrition ingredients will be dominated by the mineral group by volume in 2018. Minerals are important for the conservation and enhancement of animal health. They increase livestock feed intake, help increase demand, and improve milk composition. Mineral requirements in livestock depend on various factors such as livestock age, manufacturing level, and mineral forage quality. It is therefore important to have a proper understanding of the need for minerals to feed the livestock with the right amount of minerals.

Based on the livestock, the Animal Nutrition Ingredients is segmented into ruminants, poultry, swine, aquatic animal, and others.

Based on form the market is divided into dry, and liquid.

Based on the source, the Animal Nutrition Ingredients market is segmented into synthetic, and natural.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as the US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil.

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Animal Nutrition Ingredients Market: Demand Analysis

It is expected that increased demand and consumption of livestock-based products such as milk & dairy-based products, meat, and eggs would drive the use of nutrition ingredients in feed to grow and develop farm animals. Poultry meat is the primary driver of overall meat production growth due to its high demand, low cost of production, and lower prices of food in both developed and developing countries. In addition, there is a growing trend towards animal-sourced protein in the form of either meat, eggs, or milk due to the increasing awareness of the impact and dynamics of food nutrients, particularly protein, on overall physical and mental growth and development. This drives nutrition ingredients to be used in feed as it improves their nutritional quality. In many nations, restrictions on the use of antibiotics as a growth driver for nutrition ingredients forced companies to avoid using antibiotics in nutrition ingredients. This serves as a big restriction to producers who deliver nutrition ingredients dependent on antibiotics.

Animal Nutrition Ingredients Market: Report Scope

Key players within the global Animal Nutrition Ingredients market include:

• Addcon Group
• Adisseo France SAS
• Ajinomoto Co., Inc.
• Aliphos Belgium S.A.
• Alltech, Inc.
• Archer Daniels Midland Company
• BASF SE
• Biomin, Biotech JSC
• Cargill, Inc.
• Danisco Animal Nutrition
• Evonik Industries AG
• Kemin Industries Inc.
• Koninklijke DSM N.V.
• Nutreco N.V.
• Phibro Animal Health Corporation amongst others.

The report segments the Animal Nutrition Ingredients market as follows:

Global Animal Nutrition Ingredients Market: Type Segment Analysis

• Amino acids
• Phosphates
• Vitamins
• Acidifiers
• Carotenoids
• Enzymes
• Mycotoxin detoxifiers
• Flavors & sweeteners
• Antibiotics
• Minerals
• Antioxidants
• Non-protein nitrogen
• Phytogenics
• Preservatives
• Probiotics

Global Animal Nutrition Ingredients Market: Livestock Segment Analysis

• Ruminants
  • Dairy
  • Beef
  • Calf
  • Others (sheep and goats)
• Poultry
  • Broilers
  • Layers
  • Breeders
• Swine
  • Starter
  • Sow
  • Grower
• Aquatic animal
• Others (equine and pets)

Global Animal Nutrition Ingredients Market: Form Segments

• Dry
• Liquid

Global Animal Nutrition Ingredients Market: Source Segments

• Synthetic
• Natural

Global Animal Nutrition Ingredients Market: End-user Segments

• Healthcare Providers
• Healthcare Payers
• Others

Global Animal Nutrition Ingredients Market: Regional Segments

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa