The United Kingdom feed additives market was valued at US$0.192 billion in 2021.
Feed additive is an important ingredient that is added to the basic feed mix to provide essential nutrition to the animals and thereby prevent diseases and nutritional deficiencies. Factors like high per capita income and rising demand for quality products coupled with the increase in meat consumption drive the feed additive market in this region. Moreover, easy trading policies adopted by EU nations further enhance the growth of the feed additive market in this region. Aquaculture is the fastest-growing sector in the UK which, in turn, drives the feed additive market. However, strict government regulation takes around 1-2 years to approve the feed and thereby this huge delay between research and introduction hamper the animal feed market growth. Moreover, the ban on antibiotics further restrains the market growth to a certain extent.
This research study examines the United Kingdom 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 United Kingdom’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 United Kingdom feed additives market. Moreover, the research study analyzes the overall regulatory framework of United Kingdom’s feed additives sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
United Kingdom feed 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 United Kingdom 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$0.192 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 United Kingdom feed additives market report are as below: