Feed & Additive Magazine Issue 49 February 2025

MARKET REPORT FEED & ADDITIVE MAGAZINE February 2025 73 GLOBAL FEED ADDITIVES MARKET BY ADDITIVE TYPE There are many different types of feed additives, each with its own specific function. Some common feed categories used in animal feed are as follows: Amino acids Amino acids are the largest segment in the feed additives market. They are essential for protein synthesis and play a crucial role in the growth and development of animals. The increasing demand for animal protein, especially in emerging economies, and the growing adoption of intensive animal husbandry practices are driving the growth of the segment. The industry is focusing on optimising amino acid profiles in feed formulations to improve feed efficiency and reduce feed costs. Vitamins and Minerals Vitamins and minerals are essential micronutrients required for various physiological functions in animals. They play a crucial role in growth, reproduction, immune function and bone development. Growing awareness of animal health and nutrition and increasing demand for high quality animal products are fuelling the growth of this segment. Enzymes Enzymes assist in the breakdown of complex carbohydrates, proteins and fats in feedstuffs, improving the digestibility and availability of nutrients. Increasing focus on improving feed efficiency and reducing feed costs, and growing awareness of the environmental benefits of enzyme utilisation (e.g. reduced phosphorus excretion) are driving the demand for enzymes. Probiotics and Prebiotics Probiotics and prebiotics are gaining popularity for their ability to support gut health and improve digestion. These additives help maintain a healthy gut microbiome, which is essential for nutrient absorption and overall animal health. Growing concerns about antibiotic resistance and an increasing demand for natural and safe alternatives to antibiotics is a key driver for the growth of this segment. Antioxidants Antioxidants prevent oxidation of feed and prolong shelf life. They play an important role in maintaining the quality of animal products and preventing the effects of free radicals. Organic Acids Organic acids help maintain a healthy gut environment by lowering pH and inhibiting the growth of harmful bacteria. As with Pro and Prebiotics, the organic acids market is growing due to increasing concerns over antibiotic resistance and the rising demand for natural alternatives to antibiotics. Acidifiers, particularly organic acids, are expected to be the fastest growing segment in the feed additives market. Phytogenics Phytogenics are natural, plant-based additives that promote digestion and improve feed efficiency. A better understanding of preventative health measures and the demand for safe, natural and organic feed additives are driving the significant growth of this segment. Mycotoxin Binders Mycotoxin binders help neutralise harmful toxins produced by moulds in feedstuffs, protecting animals from their adverse effects. Increasing risk of mycotoxins due to changing climatic conditions and growing awareness of the detrimental effects of mycotoxins on animal health and productivity are the drivers for the growth of this market. MARKET SITUATUION BY ANIMAL SPECIES The global feed additives market is segmented based on various animal species, including poultry, ruminants, pigs, and aquaculture. Each segment has its own characteristics, nutritional requirements, challenges, production targets and growth potential. Poultry The poultry segment currently dominates the feed additives market. This is due to the high global demand for poultry meat and eggs, as well as the intensive nature of poultry farming, which requires

RkJQdWJsaXNoZXIy MTUxNjkxNQ==