North America Animal Feed Additives Market Trends, Size, Segment and Growth by Forecast to 2030
The animal feed additives market in North America is projected to grow from US$ 8,132.01 million in 2021 to US$ 12,339.03 million by 2028, registering a CAGR of 6.1% during the forecast period.
Industrial livestock production has undergone significant
advancements, driven by improvements in antibiotics and animal vaccinations.
Rising consumer demand for meat-based products continues to boost industrial
livestock farming. Livestock products contribute approximately 16% of energy
and 34% of protein in the human diet, and they represent about 19% of the total
value of food production and 30% of global agricultural output. This increasing
demand for livestock products directly fuels the need for animal feed and feed
additives. For feed mills and integrated operations, nutritional additives play
a crucial role in enhancing sustainability, animal performance, and overall
health. By improving gut health, these additives help reduce the reliance on
harmful antibiotics. Additives such as phytogenics, acidifiers, and aquaculture
supplements are gaining traction, especially after the ban on antibiotic growth
promoters. As a result, the growing appetite for livestock products is a key
driver of the animal feed additives market.
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While the US faced the highest number of confirmed COVID-19
cases compared to Canada and Mexico, the overall impact on the animal feed
industry in the region has been moderate. Though supply chains and
manufacturing activities were initially disrupted, the high vaccination
rate—over half the US population fully vaccinated—has supported a recovery in
production operations. Government initiatives have helped stabilize the market,
ensuring steady demand from end users. Consequently, North America is expected
to experience only limited negative effects over the forecast period.
Additionally, ongoing innovations and the introduction of
advanced technologies are enabling vendors to attract new customers and expand
into emerging markets, further supporting the growth of the North America
animal feed additives market. With these positive factors, the market is poised
to maintain a solid growth trajectory through 2028.
North America Animal Feed Additives Strategic Insights
Strategic insights for the North America Animal Feed
Additives provides data-driven analysis of the industry landscape, including
current trends, key players, and regional nuances. These insights offer
actionable recommendations, enabling readers to differentiate themselves from
competitors by identifying untapped segments or developing unique value
propositions. Leveraging data analytics, these insights help industry players
anticipate the market shifts, whether investors, manufacturers, or other stakeholders.
A future-oriented perspective is essential, helping stakeholders anticipate
market shifts and position themselves for long-term success in this dynamic
region. Ultimately, effective strategic insights empower readers to make
informed decisions that drive profitability and achieve their business
objectives within the market.
Market leaders and key company profiles
Cargill, Incorporated
Archer-Daniels-Midland Company
Evonik Industries
AG
Land O'Lakes, Inc
Nutreco N.V
Alltech
DuPont de Nemours,
Inc.
DSM
Novozymes
Kemin Industries
Inc.
North America Animal Feed Additives Regional Insights
The geographic scope of the North America Animal Feed
Additives refers to the specific areas in which a business operates and
competes. Understanding local distinctions, such as diverse consumer
preferences (e.g., demand for specific plug types or battery backup durations),
varying economic conditions, and regulatory environments, is crucial for
tailoring strategies to specific markets. Businesses can expand their reach by
identifying underserved areas or adapting their offerings to meet local
demands. A clear market focus allows for more effective resource allocation,
targeted marketing campaigns, and better positioning against local competitors,
ultimately driving growth in those targeted areas.
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights
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