The United States feed additives market was valued at US$4.116 billion in 2021.
The rising concern among consumers about the quality of milk, meat, and other dairy products pressurizes farmers to come up with the best quality. Hence, there is a shift towards natural animal products over processed products which, in turn, propels the feed additive market in this region. In addition to this, factors like industrialization and expansion of meat production coupled with rising concern for animal health significantly impact the feed additive market. The rising awareness among people inclined customers towards medicated and compound feed which, in turn, provides numerous opportunities for the feed additive market to grow in this region. However, strict regulation, such as the ban on antibiotics, does hamper the market growth. The strict government regulation takes ample time to approve the feed additive. Thus, the delay between research and the introduction of feed additives in the market further hampers the feed additive market growth.
This research study examines the United States 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 States 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 States feed additives market. Moreover, the research study analyzes the overall regulatory framework of the United States feed additives sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
United States feed additives market – Forecasts from 2023 to 2028 is 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 States feed additives market report is 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$4.116 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 | Basf Se, Evonik Industries, Archer Daniels Midland Company, Alltech Inc, Elanco Animal Health, Kemin Industries Inc, Phibro Animal Health Corporation, Cargill Incorporated, DSM Nutritional Products AG, Novozymes |
| Customization Scope | Free report customization with purchase |
Different segments covered under the United States feed additives market report are as below: