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Animal Nutrition Market By Type (Feed Additives, Nutritional Ingredients, Premixes), By Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets), By Form (Dry, Liquid, Others), By Functionality (Digestive Health, Growth Promoters, Immunity Boosters), By Distribution Channel (Direct Sales, Retail Sales, Online Sales), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: ANH5186  
|   Animal Nutrition & Health

As per Intent Market Research, the Animal Nutrition Market was valued at USD 21.3 billion in 2023 and will surpass USD 35.0 billion by 2030; growing at a CAGR of 7.4% during 2024 - 2030.

The animal nutrition market is experiencing steady growth as global demand for animal-based products, including meat, dairy, and eggs, continues to rise. As populations increase and consumer preferences shift towards more sustainable food production, the market is seeing innovation in nutrition strategies to enhance animal health, improve production efficiency, and meet consumer demands. Feed additives, nutritional ingredients, and feed premixes are integral components of this evolving market, driving improvements in animal health and productivity across various sectors, from poultry and livestock to aquaculture and pets.

Feed Additives Segment is Largest Owing to Increasing Demand for Animal Health

Feed additives represent the largest segment in the animal nutrition market, primarily driven by the growing focus on enhancing animal health and performance. These additives, which include vitamins, amino acids, enzymes, and probiotics, improve the nutritional value of animal feed, support digestion, and promote immune function. The increasing consumer demand for high-quality animal products such as meat and dairy has led to the growing application of feed additives in enhancing animal productivity and health.

The adoption of feed additives in animal diets has been particularly important in industrial farming systems, where efficiency and productivity are prioritized. For example, enzymes are commonly added to poultry and swine feed to improve feed conversion ratios and overall animal growth rates. As regulations around animal health and food safety continue to tighten, the use of feed additives to meet these requirements is expected to further expand, particularly in emerging markets with a growing focus on livestock welfare.

Animal Nutrition Market Size

Poultry Segment is Largest Due to High Consumer Demand for Chicken and Eggs

The poultry segment is the largest within the animal type category, fueled by the increasing global demand for chicken and eggs. Poultry farming is highly intensive, requiring efficient feed solutions to optimize growth and production. As poultry is one of the most widely consumed meats globally, especially in developing regions, the need for quality poultry nutrition is paramount. In addition to conventional feed types, the demand for specialized feed additives to boost poultry health, such as probiotics and prebiotics, is also on the rise.

This high demand for poultry nutrition is being driven by factors such as population growth, rising incomes, and changing dietary preferences towards leaner proteins. With poultry being a key part of the protein supply chain, innovations in nutritional products are constantly being sought to improve feed efficiency, reduce disease outbreaks, and enhance meat quality.

Dry Form Segment is Fastest Growing Due to Convenience and Storage Benefits

The dry form of animal nutrition is the fastest-growing segment, primarily due to its ease of use, longer shelf life, and efficient storage capabilities. Dry feed products, such as pellets and crumbles, are increasingly favored by commercial and industrial animal farms for their consistency, convenience, and ease of transport. They are also cost-effective and easy to incorporate into automated feeding systems, making them a preferred choice in large-scale animal farming operations.

Furthermore, dry feed forms are ideal for large-scale poultry and livestock operations, where feed consistency is crucial to maintaining animal health and optimizing production. As demand for automation in animal husbandry continues to grow, the dry feed segment is expected to maintain its dominant position, further fueled by innovations in packaging and delivery systems that enhance efficiency.

Immunity Boosters Segment is Fastest Growing Due to Rising Health Awareness

Immunity boosters represent the fastest-growing functionality segment in the animal nutrition market. As awareness around animal health continues to rise, immunity-boosting supplements, such as vitamins, minerals, and plant-based additives, are becoming essential in livestock and pet nutrition. These supplements are used to enhance the animal's natural defense mechanisms, reducing susceptibility to diseases and improving overall productivity.

The growing focus on disease prevention and wellness in livestock, along with the increasing incidence of diseases in pets, is propelling the demand for immunity-boosting additives. This trend is particularly noticeable in regions such as North America and Europe, where pet health and wellness have become a significant market segment. Additionally, rising concerns about antibiotic resistance are pushing for greater reliance on natural immunity-boosting supplements.

Direct Sales Channel is Largest Due to Strong Industry Relationships

The direct sales channel is the largest within the animal nutrition distribution segment. This approach allows manufacturers to build strong relationships with customers, including large-scale farms, feed manufacturers, and veterinarians, offering tailored nutrition solutions. Direct sales provide the opportunity for personalized service and technical support, ensuring that customers receive the best products suited to their specific needs.

In the animal nutrition market, direct sales are particularly effective for high-quality, customized products where expert advice is essential. Direct sales also enable companies to better manage the supply chain, maintain product quality, and offer comprehensive after-sales services. These factors contribute to the dominance of direct sales in the distribution of feed additives, premixes, and nutritional ingredients.

Asia Pacific is the Fastest Growing Region Owing to Growing Demand for Animal-Based Products

Asia Pacific is the fastest-growing region in the animal nutrition market, driven by a rapid increase in livestock production and consumption of animal-based products. As the population in countries like China, India, and Southeast Asia continues to grow, so does the demand for protein-rich foods like meat and dairy. This has resulted in the expansion of animal farming operations, which, in turn, fuels the need for better nutrition to optimize animal health and productivity.

The region’s shift towards more intensive and modern farming methods also contributes to the growing demand for advanced animal nutrition solutions. Governments in these countries are increasingly focusing on food security and sustainability, encouraging investment in the animal nutrition sector to support large-scale agricultural production.

Animal Nutrition Market Size by Region 2030

Leading Companies and Competitive Landscape

The animal nutrition market is highly competitive, with several global players leading the charge in product innovation and market expansion. Companies like Cargill Inc., BASF SE, Alltech, and DSM Nutritional Products are key players that are continuously advancing their portfolios to cater to the growing demand for high-quality animal nutrition. These companies leverage advanced technologies, research, and development to create more sustainable and efficient feed solutions.

The competitive landscape is also marked by strategic acquisitions and partnerships, where companies are aligning themselves with emerging trends such as organic and natural animal nutrition. With rising awareness around sustainability and animal welfare, the focus is shifting towards eco-friendly ingredients and formulations. As the market grows, companies are exploring new markets, particularly in Asia-Pacific and Latin America, to capitalize on the expanding demand for animal protein and related products

List of Leading Companies:

  • Cargill Inc.
  • BASF SE
  • ADM (Archer Daniels Midland Company)
  • Alltech Inc.
  • Evonik Industries AG
  • DSM Nutritional Products
  • Charoen Pokphand Foods
  • Kent Feeds
  • Nutreco N.V.
  • Land O'Lakes, Inc.
  • InVivo Group
  • Phibro Animal Health Corporation
  • Kemin Industries Inc.
  • Trouw Nutrition
  • Bunge Limited

Recent Developments:

  • Cargill announced the acquisition of a leading feed additive manufacturer to strengthen its position in animal nutrition and meet growing global demand for more sustainable feed solutions.
  • BASF has entered into a strategic partnership with InVivo Group to provide more sustainable animal feed solutions in Europe, targeting organic feed ingredients.
  • Alltech introduced a new line of probiotics aimed at enhancing gut health in poultry, aimed at improving growth rates and feed conversion efficiency.
  • DSM has launched a new range of high-performance premixes for aquaculture, which helps improve growth rates and enhance the nutritional value of fish.
  • Nutreco acquired an aqua feed company in Asia to expand its portfolio and strengthen its presence in the growing aquaculture market.

Report Scope:

Report Features

Description

Market Size (2023)

USD 21.3 Billion

Forecasted Value (2030)

USD 35.0 Billion

CAGR (2024 – 2030)

7.4%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Animal Nutrition Market By Type (Feed Additives, Nutritional Ingredients, Premixes), By Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets), By Form (Dry, Liquid, Others), By Functionality (Digestive Health, Growth Promoters, Immunity Boosters), By Distribution Channel (Direct Sales, Retail Sales, Online Sales)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Cargill Inc., BASF SE, ADM (Archer Daniels Midland Company), Alltech Inc., Evonik Industries AG, DSM Nutritional Products, Charoen Pokphand Foods, Kent Feeds, Nutreco N.V., Land O'Lakes, Inc., InVivo Group, Phibro Animal Health Corporation, Kemin Industries Inc., Trouw Nutrition, Bunge Limited

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Animal Nutrition Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Feed Additives

   4.2. Nutritional Ingredients

   4.3. Premixes

   4.4. Others

5. Animal Nutrition Market, by Animal Type (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Poultry

   5.2. Ruminants

   5.3. Swine

   5.4. Aquaculture

   5.5. Pets

   5.6. Others

6. Animal Nutrition Market, by Form (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Dry

   6.2. Liquid

   6.3. Others

7. Animal Nutrition Market, by Functionality (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Digestive Health

   7.2. Growth Promoters

   7.3. Immunity Boosters

   7.4. Others

8. Animal Nutrition Market, by Distribution Channel (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Direct Sales

   8.2. Retail Sales

   8.3. Online Sales

   8.4. Others

9. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   9.1. Regional Overview

   9.2. North America

      9.2.1. Regional Trends & Growth Drivers

      9.2.2. Barriers & Challenges

      9.2.3. Opportunities

      9.2.4. Factor Impact Analysis

      9.2.5. Technology Trends

      9.2.6. North America Animal Nutrition Market, by Type

      9.2.7. North America Animal Nutrition Market, by Animal Type

      9.2.8. North America Animal Nutrition Market, by Form

      9.2.9. North America Animal Nutrition Market, by Functionality

      9.2.10. North America Animal Nutrition Market, by

      9.2.11. By Country

         9.2.11.1. US

               9.2.11.1.1. US Animal Nutrition Market, by Type

               9.2.11.1.2. US Animal Nutrition Market, by Animal Type

               9.2.11.1.3. US Animal Nutrition Market, by Form

               9.2.11.1.4. US Animal Nutrition Market, by Functionality

               9.2.11.1.5. US Animal Nutrition Market, by

         9.2.11.2. Canada

         9.2.11.3. Mexico

    *Similar segmentation will be provided for each region and country

   9.3. Europe

   9.4. Asia-Pacific

   9.5. Latin America

   9.6. Middle East & Africa

10. Competitive Landscape

   10.1. Overview of the Key Players

   10.2. Competitive Ecosystem

      10.2.1. Level of Fragmentation

      10.2.2. Market Consolidation

      10.2.3. Product Innovation

   10.3. Company Share Analysis

   10.4. Company Benchmarking Matrix

      10.4.1. Strategic Overview

      10.4.2. Product Innovations

   10.5. Start-up Ecosystem

   10.6. Strategic Competitive Insights/ Customer Imperatives

   10.7. ESG Matrix/ Sustainability Matrix

   10.8. Manufacturing Network

      10.8.1. Locations

      10.8.2. Supply Chain and Logistics

      10.8.3. Product Flexibility/Customization

      10.8.4. Digital Transformation and Connectivity

      10.8.5. Environmental and Regulatory Compliance

   10.9. Technology Readiness Level Matrix

   10.10. Technology Maturity Curve

   10.11. Buying Criteria

11. Company Profiles

   11.1. Cargill Inc.

      11.1.1. Company Overview

      11.1.2. Company Financials

      11.1.3. Product/Service Portfolio

      11.1.4. Recent Developments

      11.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   11.2. BASF SE

   11.3. ADM (Archer Daniels Midland Company)

   11.4. Alltech Inc.

   11.5. Evonik Industries AG

   11.6. DSM Nutritional Products

   11.7. Charoen Pokphand Foods

   11.8. Kent Feeds

   11.9. Nutreco N.V.

   11.10. Land O'Lakes, Inc.

   11.11. InVivo Group

   11.12. Phibro Animal Health Corporation

   11.13. Kemin Industries Inc.

   11.14. Trouw Nutrition

   11.15. Bunge Limited

12. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Animal Nutrition Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Animal Nutrition Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Animal Nutrition Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Animal Nutrition Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Animal Nutrition Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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