Zootechnical feed additives have observed huge demand growth in the past years owing to their benefits towards animal health as well as the environment. These feed additives are specifically popular for digestibility improvisation and gut flora maturation of animals.
The quest for nutritious and digestible feed additives in the livestock and poultry industry will open new gates for zootechnical feed additive suppliers. Consumer shift from animal-based to plant-based protein-rich foods has also driven the market for phytogenic feed additives.
As such, sales of zootechnical feed additives increased by a compound annual growth rate of 5.6% from 2017 to 2021. Zootechnical feed additives are anticipated to see huge demand during the forecast period as well owing to rising scientific studies and a ban on the use of antimicrobial growth promoters in some regions. Fact.MR suggests that the global zootechnical feed additives market will reach a valuation of US$ 19.1 Billion by 2032-end.
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Why is the World Seeing Increasing Popularity of Zootechnical Feed Additives?
“Health Deficiencies Defeated by Use of Feed Additives in Farm & Poultry Animals”
In early domestication patterns, domesticators used to feed their cattle and poultry animals with whatever sources of food were available, ranging from grass, pellets, grains, etc., which was then enough for them to survive. However, an increase in the population had surged the number of mouths to be fed and has driven the need for bigger livestock and poultry farms.
Limited availability of grazing lands and fodder has led to low production of animal goods. Efforts towards balancing the demand and supply ratio have caused several health deficiencies in animals such as poor performance, delayed pregnancies, appetite loss, and indigestion of meals. Rigorous scientific efforts and government initiatives towards animal health development have, propelled innovation in the zootech feed additives market.
Why are Zootechnical Feed Additive Probiotics Most Widely Used?
There is a substantial number of approved products of probiotics in the EU. Probiotics include innovative products that can become an alternative to antimicrobial agents or can reduce the use of antimicrobial in feed additives. In addition, probiotics are beneficial for animal gut health as they conquer enteropathogens and putrefactive bacteria, thereby reducing diarrhoea, opportunistic environmental pathogens, and wet litter.
Thus, the consumption of probiotics as zootechnical feed additives for animals has increased steadily in the recent past, surpassing a market valuation of US$ 4.8 billion in 2021. Furthermore, the growing need for gut flora maturation in animals is expected to amplify the probiotics feed additives market 1.9X by the end of 2032.
Will Phytogenics Become the Fastest-Growing Ingredient Type Going Forward?
The growing animal feed industry has observed the importance of plant-based feed products for varied animal species for better health. This factor has driven the production of phytogenic feed additives in the market. However, manufacturers are facing challenges to gain the approval of these additives owing to lack of scientific studies related to the efficacy and safety of their use.
Fact.MR suggests that the establishment of more scientific studies on phytogenic feed additives will escalate their use as zootechnical feed additives over the coming years, creating an absolute $ opportunity of US$ 1.2 billion by 2032.
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Competitive Landscape
Prominent zootechnical feed additives manufacturers are Delacon, Novus International, Aves Pro, Phytobiotics, Alltech, ADM, Cargill ( Diamond V), Nutreco, Evonic, Blue Star Adisseo, DuPont, Novozymes (DSM), Kemin Industries, Chr. Hansen, Kaeslar Nutrition, Kerry, Pancosma, and Bordas.
Key suppliers of zootechnical feed additives are adopting organic growth strategies such as product innovation and launches to sustain their position among global leaders. Product approvals across different geographical legislations are the bottlenecks to the entrance of emerging players in the market.
Key industry players are concentrating on capacity expansion as well as enhancement of their global reach, using both organic and inorganic growth tactics such as acquisitions and collaborations.
In June 2021, DSM, a leading manufacturer, launched a new product ‘ProAct 360™’ protease. This innovation will lead to greater revenue generation for the company.
Fact.MR has provided detailed information about the price points of key manufacturers of zootechnical feed additives positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report
Segmentation of Zootechnical Feed Additive Research
By Ingredient Type :
- Prebiotics
- Probiotics
- Phytogenic
- Protein-Based
- Others (Organic Acids)
By End-use Industry :
- Livestock Industry
- Aquaculture
- Ruminants
- Swine
- Others (Equine, Birds)
- Poultry
- Pet Industry
By Function :
- Gut flora stabilization
- Digestibility enhancement
- Body Weight Maintenance
- Environment Maintenance
- Others (Improvement in growth rate and animal welfare)
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & ASEAN
- Oceania
- MEA
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