From GlobeNewswire: 2025-06-02 11:16:00

The animal feed additives market is experiencing growth due to increased feed production. Market size is projected to reach US$58.42 billion by 2031, with a CAGR of 5.28%. The market is fragmented, with key players expanding globally. Asia Pacific led in 2024, with North America expected to show the highest growth.

Animal feed additives are essential for livestock health and productivity. Fortification with vitamins, minerals, and amino acids enhances bone strength, immunity, and feed conversion rates. The market is driven by the demand for additives that improve animal health and feed efficiency, especially in poultry, ruminants, and swine.

Key players in the animal feed additives market include Archer Daniels Midland Co, Cargill Inc, and Evonik Industries AG. Trending topics include natural additives, gut health, and sustainable practices. Recent developments include product launches from Evonik, Volac, and Kemin Industries, indicating ongoing innovation in the market.

The rising demand for animal feed additives is driven by increasing livestock production worldwide. Government initiatives and mass production of animal stock contribute to market growth. The animal feed additives market offers numerous opportunities for providers and manufacturers to cater to the evolving needs of livestock farms and increase market penetration.



Read more at GlobeNewswire: Animal Feed Additives Market Size Valuation to Reach USD