Global Feed Preservatives Market Research Report—Forecast till 2025

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Global Forecast till 2024
Global Feed Preservatives Market: Information by Type (Acidifiers, Antioxidants, Mold Inhibitors, and Anticaking Agents), Livestock (Poultry, Ruminants, Swine, Aquaculture, and Others), Feed Type (Compound Feed, Feed Premixes, and Others), and Region (North America [US, Canada, and Mexico], Europe [Germany, UK, France, Spain, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, Australia & New Zealand, and Rest of Asia-Pacific], and Rest of the World [Middle East, Africa, and South America])—Forecast till 2024

Market Analysis

The global feed preservatives market is projected to register a 9.0% CAGR to reach USD 4,061.1 million by 2024. Feed preservatives are compounds that are used to slow down or prevent bacterial growth in animal feed. They are additives that help prolong the shelf life of compound feed by reducing microbial contamination. Antioxidants and mold inhibitors are the most widely used preservatives. The growing livestock and feed industries have boosted the demand for feed preservatives. An increased focus on food and feed safety has also contributed significantly to the rising demand for feed additives. The expanding aquaculture and pet food segments have opened growth avenues for feed preservative manufacturers. However, the growing awareness regarding the side effects among feed manufacturers and farmers has negatively impacted the demand for chemical preservatives, thereby hampering the growth of the global feed preservatives market.

Market Segmentation

The global feed preservatives market has been segmented based on type, livestock, feed type, and region. Based on type, the global feed preservatives market has been divided into acidifiers, antioxidants, mold inhibitors, and anticaking agents. By livestock, the global feed preservatives market has been classified as poultry, ruminants, swine, aquaculture, and others. On the basis of feed type, the global feed preservatives market has been segmented into compound feed, feed premixes, and others.

Regional Analysis

Geographically, the global feed preservatives market has been divided into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific dominated the global feed preservatives market in 2018 and is expected to maintain its dominance during the forecast period. Asia-Pacific is the largest market for animal feed which is driving the growth of the feed preservatives market in the region. China being the top feed producing as well as consuming country in the world accounted for the majority share of the regional market in 2018. The feed preservatives market in India has been growing at a healthy rate as well. Rising population and an inclination toward high-protein food products have impacted organized livestock farming in Asia-Pacific. The North American feed preservatives market is expected to register a significant CAGR of 9.2% during the forecast period of 2019 to 2024. The US is the largest contributor to the growth of the North American feed preservatives market as it is the second-largest feed producing country in the world.

Major Players

Kemin Industries, Inc. (US), Nutreco NV (Netherlands), Cargill, Incorporated (US), Impextraco NV (Belgium), Novus International, Inc. (US), Perstorp Holding AB (Sweden), Biomin Holding GmbH (Austria), Nutriad International NV (Belgium), Pestell Minerals & Ingredients Inc. (Canada), and Eastman Chemical Company (US) are the major companies in the market that compete based on market presence, product quality, and product price.”

Table of Contents

TABLE OF CONTENTS:

1  EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 16

1.1.1 GLOBAL FEED PRESERVATIVES MARKET, BY TYPE 17

1.1.2 GLOBAL FEED PRESERVATIVES MARKET, BY LIVESTOCK 18

1.1.3 GLOBAL FEED PRESERVATIVES MARKET, BY FEED TYPE 19

1.1.4 GLOBAL FEED PRESERVATIVES MARKET, BY REGION 20

2  MARKET INTRODUCTION
2.1 DEFINITION 21

2.2 SCOPE OF THE STUDY 21

2.3 MARKET STRUCTURE 21

2.4 KEY BUYING CRITERIA 22

3  RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 23

3.2 PRIMARY RESEARCH 24

3.3 SECONDARY RESEARCH 25

3.4 MARKET SIZE ESTIMATION 26

3.5 LIST OF ASSUMPTIONS 27

4  MARKET DYNAMICS
4.1 INTRODUCTION 28

4.2 DRIVERS 29

4.2.1 EXPANDING LIVESTOCK INDUSTRY 29

4.2.2 INCREASING FOCUS ON FEED QUALITY 29

4.2.3 DRIVERS IMPACT ANALYSIS 30

4.3 RESTRAINT 31

4.3.1 SIDE EFFECTS OF FEED PRESERVATIVES 31

4.3.2 RESTRAINTS IMPACT ANALYSIS 31

4.4 OPPORTUNITIES 31

4.4.1 INCREASING DEMAND FOR NATURAL PRODUCTS 31

4.4.2 GROWING AQUACULTURE INDUSTRY 32

4.4.3 BAN ON ANTIBIOTICS AS GROWTH PROMOTORS 32

4.5 CHALLENGE 32

4.5.1 STRINGENT REGULATIONS 32

5  MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS 33

5.2 VALUE CHAIN ANALYSIS 34

5.2.1 RAW MATERIAL PROCUREMENT 34

5.2.2 PROCESSING 35

5.2.3 PACKAGING 35

5.3 PORTER’S FIVE FORCES MODEL 35

5.3.1 THREAT OF NEW ENTRANTS 35

5.3.2 BARGAINING POWER OF SUPPLIERS 36

5.3.3 THREAT OF SUBSTITUTES 36

5.3.4 BARGAINING POWER OF BUYERS 36

5.3.5 INTENSITY OF RIVALRY 36

6  GLOBAL FEED PRESERVATIVES MARKET, BY TYPE
6.1 OVERVIEW 37

6.2 ACIDIFIERS 39

6.2.1 ACIDIFIERS: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 39

6.3 ANTIOXIDANTS 39

6.3.1 ANTIOXIDANTS: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 40

6.4 MOLD INHIBITORS 40

6.4.1 MOLD INHIBITORS: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 40

6.5 ANTICAKING AGENTS 41

6.5.1 ANTICAKING AGENTS: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 41

7  GLOBAL FEED PRESERVATIVES MARKET, BY LIVESTOCK
7.1 OVERVIEW 42

7.2 POULTRY 44

7.2.1 POULTRY: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 44

7.3 RUMINANTS 44

7.3.1 RUMINANTS: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 45

7.4 SWINE 45

7.4.1 SWINE: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 45

7.5 AQUACULTURE 46

7.5.1 AQUACULTURE: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 46

7.6 OTHERS 47

7.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 47

8  GLOBAL FEED PRESERVATIVES MARKET, BY FEED TYPE
8.1 OVERVIEW 48

8.2 COMPOUND FEED 49

8.2.1 COMPOUND FEED: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 49

8.3 FEED PREMIXES 50

8.3.1 FEED PREMIXES: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 50

8.4 OTHERS 51

8.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2017–2024 51

9  GLOBAL FEED PRESERVATIVES MARKET, BY REGION
9.1 OVERVIEW 52

9.1.1 NORTH AMERICA 53

9.1.2 US 55

9.1.3 MEXICO 57

9.1.4 CANADA 58

9.2 EUROPE 60

9.2.1 GERMANY 62

9.2.2 UK 64

9.2.3 FRANCE 65

9.2.4 SPAIN 67

9.2.5 ITALY 68

9.2.6 REST OF EUROPE 70

9.3 ASIA-PACIFIC 72

9.3.1 CHINA 74

9.3.2 JAPAN 76

9.3.3 INDIA 77

9.3.4 REST OF ASIA-PACIFIC 79

9.4 ROW (REST OF THE WORLD) 81

9.4.1 MIDDLE EAST 83

9.4.2 AFRICA 85

9.4.3 SOUTH AMERICA 86

10  COMPETITIVE LANDSCAPE
10.1 COMPETITIVE OVERVIEW 88

10.2 COMPETITIVE BENCHMARKING 89

10.3 SHARE OF RECENT DEVELOPMENTS, BY MANUFACTURER 90

10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 90

10.4.1 NEW PRODUCT LAUNCHES 90

10.4.2 ACQUISITIONS 91

10.4.3 EXPANSIONS 91

10.4.4 INVESTMENTS 92

10.4.5 AGREEMENTS 92

11  COMPANY PROFILES
11.1 KEMIN INDUSTRIES, INC. 93

11.1.1 COMPANY OVERVIEW 93

11.1.2 FINANCIAL OVERVIEW 93

11.1.3 PRODUCTS OFFERED 93

11.1.4 KEY DEVELOPMENTS 93

11.1.5 SWOT ANALYSIS 94

11.1.6 KEY STRATEGIES 94

11.2 NUTRECO NV 95

11.2.1 COMPANY OVERVIEW 95

11.2.2 FINANCIAL OVERVIEW 95

11.2.3 PRODUCTS OFFERED 95

11.2.4 KEY DEVELOPMENTS 95

11.2.5 SWOT ANALYSIS 96

11.2.6 KEY STRATEGIES 96

11.3 CARGILL, INCORPORATED 97

11.3.1 COMPANY OVERVIEW 97

11.3.2 FINANCIAL OVERVIEW 97

11.3.3 PRODUCTS OFFERED 98

11.3.4 KEY DEVELOPMENTS 98

11.3.5 SWOT ANALYSIS 99

11.3.6 KEY STRATEGIES 99

11.4 IMPEXTRACO NV 100

11.4.1 COMPANY OVERVIEW 100

11.4.2 FINANCIAL OVERVIEW 100

11.4.3 PRODUCTS OFFERED 100

11.4.4 KEY DEVELOPMENTS 100

11.4.5 SWOT ANALYSIS 101

11.4.6 KEY STRATEGIES 101

11.5 NOVUS INTERNATIONAL, INC. 102

11.5.1 COMPANY OVERVIEW 102

11.5.2 FINANCIAL OVERVIEW 102

11.5.3 PRODUCTS OFFERED 102

11.5.4 KEY DEVELOPMENTS 102

11.5.5 SWOT ANALYSIS 103

11.5.6 KEY STRATEGIES 103

11.6 PERSTORP HOLDING AB 104

11.6.1 COMPANY OVERVIEW 104

11.6.2 FINANCIAL OVERVIEW 104

11.6.3 PRODUCTS OFFERED 105

11.6.4 KEY DEVELOPMENTS 105

11.6.5 SWOT ANALYSIS 106

11.6.6 KEY STRATEGIES 106

11.7 BIOMIN HOLDING GMBH 107

11.7.1 COMPANY OVERVIEW 107

11.7.2 FINANCIAL OVERVIEW 107

11.7.3 PRODUCTS OFFERED 107

11.7.4 KEY DEVELOPMENTS 107

11.7.5 SWOT ANALYSIS 108

11.7.6 KEY STRATEGIES 108

11.8 NUTRIAD INTERNATIONAL NV 109

11.8.1 COMPANY OVERVIEW 109

11.8.2 FINANCIAL OVERVIEW 109

11.8.3 PRODUCTS OFFERED 109

11.8.4 KEY DEVELOPMENTS 109

11.8.5 SWOT ANALYSIS 110

11.8.6 KEY STRATEGIES 110

11.9 PESTELL MINERALS & INGREDIENTS INC. 111

11.9.1 COMPANY OVERVIEW 111

11.9.2 FINANCIAL OVERVIEW 111

11.9.3 PRODUCTS OFFERED 111

11.9.4 KEY DEVELOPMENTS 111

11.9.5 SWOT ANALYSIS 112

11.9.6 KEY STRATEGIES 112

11.10 EASTMAN CHEMICAL COMPANY 113

11.10.1 COMPANY OVERVIEW 113

11.10.2 FINANCIAL OVERVIEW 113

11.10.3 PRODUCTS OFFERED 114

11.10.4 KEY DEVELOPMENTS 114

11.10.5 SWOT ANALYSIS 114

11.10.6 KEY STRATEGIES 114

12  APPENDIX
12.1 REFERENCES 115

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