MARKET REPORT FEED & ADDITIVE MAGAZINE February 2025 69 The use of approved additives in feed has many proven benefits: Increasing feed efficiency and maintaining feed quality are among them. Additives can improve the digestibility of feed, enabling animals to better utilise the nutrients in feed; they can help maintain feed quality by preventing spoilage or reducing dusting. Additives can also help improve animal health by replacing nutrient deficiencies, strengthening the animal's immune system, reducing the incidence of disease or improving gut health. Enhancing animal performance, such as promoting growth, increasing milk production and improving feed efficiency, as well as improving the quality of animal products such as meat, milk and eggs, are also important advantages of using feed additives. In addition, increasing feed efficiency with additives can help to decrease the amount of feed required and reduce environmental impact. In summary, feed additives used responsibly and in accordance with regulations play a crucial role in optimising animal nutrition, improving growth performance and preventing disease, ultimately contributing to a more efficient and sustainable livestock industry. PROMISING GROWTH PROSPECTS The global feed additives market is a vital component of the animal feed industry and plays a crucial role in optimising animal health, nutrition and productivity. As the global demand for animal protein continues to grow, the feed additives market is poised for significant growth in the coming years. If we evaluate the current market size and future prospects of this dynamic sector in the light of the information obtained from the latest market reports; The global feed additives market is estimated to have a value of approximately USD 37 to 54 billion in 2023/2024 and is expected to continue to grow steadily in the coming period, although there is some variation between the numerical data of the reports. For example, in Mordor Intelligence's report, the global feed additives market size is estimated to be USD 37.88 billion in 2025.According to the report, the feed additives market, which will exhibit a compound annual growth rate of 4.87% during the forecast period 2025-2030, will reach a size of USD 48.06 billion by 2030. According to DataBridge Market Research, which announced that the current market size in 2023 is worth USD 54.40 billion, the feed additives market will reach USD 88.70 billion by 2031, at a CAGR of 6.30%. The company's forecasts are quite high compared to other research companies. Fortune Business Insights makes forecasts close to Mordor Intelligence. According to Fortune's report, which evaluates the global feed additives market size as USD 37.92 billion in 2024, the market value will reach USD 39.80 billion in 2025. Forecasting a CAGR of 4.36% during the forecast period 2025-32, the company indicates that the total size will reach USD 53.66 billion in 2032. Expecting the global animal feed additives market to grow at a compound annual growth rate of 3.02%
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