Feed additives in PhileoPharma

Feed additives industry

The global feed additives market is segmented by additives type (Antibiotics ,Vitamins , Antioxidants ,Amino Acids ,Enzymes ,Mycotoxin detoxifiers , Prebiotics, Probiotics, Flavors and Sweeteners , Pigments , Binders , Acidifiers , and Minerals),Animal type (Ruminants , Poultry , Swine , and other animal type), and Geography(North America, Europe ,Asia-pacific , South America , and Africa).



Market overview

Africa feed additives market is estimated to register a CAGR of 4.1% during the forecast period (2020-2025).

The increasing meat consumption in the region is prime driver of the market along which increasing awareness among the farmers about the benefits of the feed additives.

As the respective governments across the globe implemented stay-at-home orders ,many farmers resorted to panic buying of animal feed in the anticipation of potential shortage. Key stakeholders in the livestock feed market are worried about the lack of producing the raw materials or the feed additives for manufacturing the compound feed. However , with the lack down phases being frequent , the respective governments have taken measures to address the smooth flow of raw material movements within the agriculture sectors including compound feed manufacturing facilities which is anticipated to boost the market.

High awareness, the growing demand for animal nutrition, and the ban of antibiotics in many regions are prompting players in livestock industry and meat manufacturers to use probiotics, which is anticipated to drive the feed additives market, globally

Increasing livestock production drives the market

A large NO. of African countries are characterized by constant growth of livestock and meat processing industries. Meat, egg, and milk have been the main source of diet in many African countries. Government support and the demand from meat processing industries are boosting animal production in the region. For instance, the number of cattle production was recorded 346 million in 2017 increasing to 355 million in 2018.


Feed additives are gaining popularity among the animal production industry to improve feed quality and animal health. Therefore the growing animal production industry is acting as a primary driver of the market.












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Vitamins

Vitamin A
Vitamin B
Vitamin C
Vitamin E
Other Vitamins

Antioxidants

BHA
BHT
Other Antioxidants

Amino Acids

Choline
Lysine
Methionine
Threonine
Other Amino Acids

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Probiotics

Lactobacillus 
Bacillus subtilis
Others

Mycotoxins detoxifiers

Binders
Bio-transformers


Prebiotics

Inulin
Fructo Oligosaccharides
Galacto Oligosaccharides
Other Prebiotics

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Binders

Biological 
chemical 
mixed 


Flavors and Sweeteners

Flavors
sweeteners


Pigments

Carotenoids
Curcumin and Spurulina
Other Pigments

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Minerals


surfactants  

Micro Minerals
Macro Minerals


Glycerides 

others

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