The Australian feed additives market was valued at US$0.290 billion in 2021.
The rise in domestic demand coupled with rising awareness about health does augment the feed additive market in Australia. Australian changing demographics such as aging population and an increase in the number of migrations from Asian countries drive the demand for quality meat which further contributes to the feed additive market growth. Moreover, Australia is a big exporter of beef which, in turn, further enhances the feed additive market growth in this region. However, the challenges of technical efficiency do hamper the market growth.
This research study examines the Australian feed additives market based on various segments: product type, and livestock. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model comprehensively analyzes Australia’s feed additives industry. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the Australian feed additives market. Moreover, the research study analyzes the overall regulatory framework of Australia’s feed additives sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Australia feeds additives market – Forecasts from 2023 to 2028 are a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the Australian feed additives market report are as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$0.290 billion |
| Growth Rate | CAGR during the forecast period |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Product Type and Livestock |
| Companies Covered | Cargill Incorporated, BASF SE, Novozymes, Nutreco, Chr. Hansen, Evonik Industries, Archer Daniels Midland Company, Alltech Inc, Elanco Animal Health, DSM Nutritional Products AG |
| Customization Scope | Free report customization with purchase |
Different segments covered under the Australia feed additives market report are as below: