Animal Feed Additives Market Size, Share, Industry, Forecast and outlook (2024-2031)

The global animal feed additives market is expected to reach US$ 51.4 billion by 2031, growing at a CAGR of 3.8% during the forecast period 2024-2031.

There is a growing demand for natural alternatives to synthetic additives, such as rosemary extract instead of BHA or BHT.

North America holds the largest share of the animal feed additives market due to factors like rising awareness about animal nutrition, advancements in feed technology, and a focus on efficient livestock production.

Cargill, Archer Daniels Midland Company (ADM), BASF SE, Nutreco N.V., Evonik Industries AG, DSM Nutritional Products, Elanco Animal Health Incorporated, Alltech, Inc., Novozymes A/S, and Chr. Hansen Holding A/S.