Rising Demand in Dairy Drives Growth in Specialty Animal Feed Additives Market
Sourse: dairynews.today
The global Speciality Animal Feed Additives market is projected to expand significantly, moving from US$14.56 billion in 2024 to US$20.66 billion by 2031, driven by an estimated CAGR of 5.2% from 2025 to 2031, according to QY Research. This growth is largely fueled by heightened demand for nutrient-rich animal feed, especially within the dairy and livestock sectors.
Additives such as encapsulated methionine and sulphate minerals are gaining popularity for their benefits in enhancing animal health, improving milk yields, and supporting sustainable farming practices. Major companies in the field include Kemin, DSM, Cargill, and Evonik, with the Asia-Pacific region, notably India and China, leading the market growth due to expanding dairy production.
The report offers strategic insights into market trends, regional growth opportunities, and the competitive landscape, assisting stakeholders in making well-informed business decisions in an increasingly dynamic market environment. Additionally, advances in feed technology and rising consumer demand for high-quality animal products are expected to further propel this market. Supportive policies for sustainable agriculture and a focus on feed efficiency are also driving investment trends in this sector.
The report offers strategic insights into market trends, regional growth opportunities, and the competitive landscape, assisting stakeholders in making well-informed business decisions in an increasingly dynamic market environment. Additionally, advances in feed technology and rising consumer demand for high-quality animal products are expected to further propel this market. Supportive policies for sustainable agriculture and a focus on feed efficiency are also driving investment trends in this sector.
