Global Animal Feed Additives Market for Ruminants: Snapshot
The key driver for all producers of animal feed additives for ruminants is the globally increasing demand for meat and dairy. This applies especially to developing countries, where the growing population densities and increasing disposable incomes are generating a vast consumer base for animal products.
A substantial portion of the animal feed additives for ruminants are intended for dairy animals over meat, due to the rapidly increasing demand for dairy and dairy products.
A lot of players – both top tier and regional – are looking into developments in coating technologies for animal feed. These coatings are increasing in importance as they help improve the effectiveness of the animal feed.
The resulting effect of all the above factors is a CAGR of 4.3% from 2015 to 2021 in revenue for the global animal feed additives for ruminants market. This market is expected to reach US$4.7 bn by the end of 2016 and US$5.9 bn by the end of 2021.
Asia Pacific to Exhibit Leading Demand for Animal Feed Additives for Ruminants
By the end of 2021, Asia Pacific is expected to hold 32.6% of the revenue in the animal feed additives for ruminants market. This will account for the largest share in revenue, close to the percentage that the region held in 2014. A large part of this leading share is attributed to the high cattle population in the region. China and India are the two biggest regions in terms of demand for animal products demand owing to growing population densities. There is an especially high demand for dairy products from these countries. Additionally, the Asia Pacific region is ramping up its exports of meat to other regions, further increasing the demand for quality animal feed.
North America is also showing an increase in the demand for cattle-based meat and dairy. A large part of the increase in demand comes from the expanding cattle population of Canada. Furthermore, the animal husbandry industry in North America is guided by strict regulations that only allow meat and dairy above a specific grade to be sold. This has added to the demand for high-quality animal feed additives for ruminants.
Most of Animal Feed Additives for Ruminants Continues to be Taken up by Cattle
Cattle were the leading animal type in terms of demand for animal feed additives for ruminants in 2014. By 2021, cattle are expected to take up 80.80% of the total animal feed additives revenue generation. Owing to the high demand for cattle meat and dairy across the world, the improvements in cattle feed additives is expected to generate large amounts of demand as well. This is drawing a greater number of players towards this sector and allowing them multiple opportunities of expansion.
Another key reason for the growing demand for animal feed additives for cattle is the growing concern over the health of the cattle and consequently, the quality of the meat and the health of the consumer.
The key players in the global animal feed additives market for ruminants include DSM, BASF SE, Danisco A/S, Elanco Animal Health, Evonik Industries, Novozymes, Alltech, Inc., Archer Daniels Midland Co., and Chr. Hansen Holding A/S.
The global animal feed additives market for ruminants is growing at a steady pace and has a promising future because of the rise in the demand for meat and dairy products. Feed additives are gaining a substantial amount of demand in animal feed for their nutrition and overall growth. Various diseases such as avian flu, mouth and foot diseases and the rising concern for animal health especially ruminants has increased the demand for animal feed additives for the same across the world.
Several coating technologies are used in animal feed additives which claim to increase the production rate of the agricultural animals which includes goat, cattle, sheep, buffalo, camels and others, all belonging to the ruminants category. Feed additives are coated in order to improve the milk and meat quality and to reduce the medication costs as well. Biologically active substances such as vitamins, amino acids and others when directly applied to the ruminants via oral procedure, gets degraded by the microorganisms in the rumen and thus they cannot be effectively utilized.
Several types of coating technologies are used in feed additives for ruminants; Multi-Enzymes, Nano coated minerals and vitamins, Butyric Acid, Matrix encapsulated additives, 1-Monoglycerides, Mycotoxin Deactivators and several others. These coating technologies have been introduced so that they do not get degraded by the microorganism present in the rumen, thus ensuring effective utilization of the feed additives. Rumen-bypass preparations for the ruminant which protect the active substances from degrading in the rumen allow the active substance to be absorbed and digested in the digestive organs after the abomasum. This is imperative in the field of feed additives for ruminants and others.
The global animal feed additives market for ruminants have been segmented on the basis of product types; Vitamins, Probiotics, Prebiotics, Choline Chloride, Phytobiotics, Organic Acid, Polyunsaturated Fatty Acid, Non-Protein Nitrogen (NPN), Immunomodulators, Amino Acids, Feed Enzymes and others which includes Feed Acidifiers, Antioxidants, Trace Minerals and Antibiotics. Amino Acids dominated the global animal feed additives market for ruminants covering more than 20% of the total market in 2014 and is expected to remain the market leader throughout the forecast period. Amino Acids are considered to be a major ingredient in animal feed additives especially for ruminants. They are included in order to enhance the development of proteins in order to the quality and quantity of the meat. Lysine and Methionine are the major amino acids fed to the ruminants as feed additives. Vitamins held the second largest market share in the global animal feed additives market for ruminants in 2014.
By, type, market is segmented into cattle buffalo and others. The others segment includes sheep, goat, deer etc. The cattle segment dominated the global animal feed additives market for ruminants acquiring over 80% of the total market. Rising concern for the health of the cattle along with the rising demand for meat is fuelling the demand for this segment. The buffalo segment held a minor market share in the animal feed additives market for ruminants, but it is expected to be the fastest growing segment during the forecast period.
On the basis of geography, market is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific dominated the market with a market share of over 30%, followed by North America and Europe. The demand for animal feed additives market for ruminants in Asia Pacific is attributed to the rising demand for the same in China and India. The increasing demand for dairy products in this region is expected to fuel the cattle feed additives market during the forecast period.
The global animal feed additives market for ruminants is marked by some intense competition from the major players operating in this market. DSM, Elanco, Novozymes, BASF S.E., Danisco, Evonik Industries, Alltech Inc. are some of the major players operating in the global animal feed additives market for ruminants.
The report has been segmented by product type, ruminant’s type, and geography and it includes description of coating technologies. The study highlights current market trends and provides forecasts from 2015 to 2021. We have featured the current market scenario for the global animal feed additives market for ruminants and identified future trends that will impact demand for animal feed additives for ruminants during the forecast period.
The global animal feed additives market for ruminants has been segmented into following types based on their product types including Vitamins, Probiotics and Prebiotics, Choline Chloride, Phytobiotics, Organic Acid, Polyunsaturated Fatty Acid, Non-Protein Nitrogen (NPN), Immunomodulators, Amino Acids, Feed Enzymes and Others including Feed Acidifiers, Antioxidants, Trace Minerals, Antibiotics. The market has been further segmented on the basis of ruminants type including cattle, buffalo and others including sheep, goat, deer etc.
The report also analyzes coating technologies that are imperative for animal feed additives for ruminants. The report will help manufacturers, suppliers, and distributors to understand the present and future trends in this market and formulate strategies accordingly.
The report segments the Animal Feed Additives Market for Ruminants as:
Global Animal Feed Additives Market for Ruminants by Product Type
- Probiotics and Prebiotics
- Choline Chloride
- Organic Acid
- Polyunsaturated Fatty Acids
- Non-Protein Nitrogen (NPN)
- Amino Acids
- Feed Enzymes
Global Animal Feed Additives Market for Ruminants by RuminantsType
Global Animal Feed Additives Market for Ruminants by Geography
- North America
- The U.S.
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Rest of the World (RoW)
- Middle East
- Latin America