North America Animal Feed Additives Market Outlook (2021–2028)
The animal feed additives market in North America is projected to grow from US$ 8.13 billion in 2021 to US$ 12.34 billion by 2028, registering a compound annual growth rate (CAGR) of 6.1% during the forecast period.
📚𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 – https://www.businessmarketinsights.com/sample/TIPRE00027124
Market Drivers
The region’s industrial livestock sector has seen major advancements, particularly with the development of antibiotics and animal vaccines. Rising global demand for meat-based products continues to boost industrial livestock production. Currently, livestock products contribute approximately 16% of the energy and 34% of the protein in human diets. Economically, livestock production represents around 19% of the value of global food production and 30% of the total agricultural output.
This growing demand for livestock products directly drives the need for high-quality animal feed and additives. Feed additives play a crucial role in enhancing animal health, performance, and sustainability—particularly in feed mills and integrated operations. Nutritional additives, such as phytogenics, acidifiers, and aquaculture supplements, improve gut health and help reduce the dependency on antibiotics, especially following regulatory bans on antibiotic growth promoters. This shift toward safer, more natural additives is accelerating market growth.
Impact of COVID-19
Among North American countries, the United States reported the highest number of COVID-19 cases, which temporarily disrupted the supply chain and manufacturing processes within the animal feed sector. Research and development activities also experienced slowdowns during the peak of the pandemic. However, the widespread rollout of vaccinations—covering more than half the U.S. population—has supported the recovery of manufacturing operations, ensuring a steady supply of feed additives.
Thanks to proactive government policies and a robust recovery strategy, the U.S. market is expected to remain stable throughout the forecast period. Overall, North America is projected to experience minimal long-term impact from COVID-19, allowing for continued growth in the animal feed additives sector.
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.
North America Animal Feed Additives Report Scope
Report Attribute | Details |
Market Size in 2021 | US$ 8,132.01 Million |
Market Size by 2028 | US$ 12,339.03 Million |
Global CAGR (2021 – 2028) | 6.1% |
Historical Data | 2019-2020 |
Forecast Period | 2022-2028 |
Segments Covered – By Product Type | Vitamins, Amino Acids, Carotenoids, Enzymes, Prebiotics & Probiotics, Minerals, Acidifiers, Lipids |
Segments Covered – By Livestock | Poultry, Ruminants, Swine, Aquaculture |
Regions and Countries Covered | North America (US, Canada, Mexico) |
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.
North America Animal Feed Additives Segmentation
Category | Subcategories |
By Product Type | Vitamins, Amino Acids, Carotenoids, Enzymes, Prebiotics & Probiotics, Minerals, Acidifiers, Lipids, Others |
By Livestock | Poultry, Ruminants, Swine, Aquaculture, Others |
By Country | North America: US, Canada, Mexico |
Companies Mentioned | Cargill, Archer-Daniels-Midland, Evonik, Land O’Lakes, Nutreco, Alltech, DuPont, DSM, Novozymes, Kemin Industries |
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights