(MENAFN- iCrowdNewsWire) iCrowdNewswire - Feb 6, 2019 Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals' performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.

In global market, the production of feed additives increases from 16.1 million MT in 2011 to 19.7 million MT in 2015. In 2015, global feed production has exceeded 995 million tons. China is the world's largest feed market. In 2015, the global feed additives market is led by China, capturing about 41% of global feed additives production. Europe is the second-largest region-wise market with 20% global production share. At present, the major leader manufacturers of feed additives are concentrated in USA and Europe .Evonik is the world leader, holding 2.66% production market share in 2015. But, Evonik hold 11.92% global revenue market. In addition, DuPont, DSM, Adisseo, BASF, ADM, Nutreco are also the main market leader.

In application, feed additives downstream is wide and recently feed additives has acquired increasing significance in various fields of poultry feeds, ruminant feeds, pig feeds and other feeds. Globally, the feed additives market is mainly driven by growing demand for poultry feeds which accounts for nearly 47% of total downstream consumption of feed additives in global.

The global Animal Feeds Additives market is valued at 23300 million US$ in 2018 is expected to reach 26700 million US$ by the end of 2025, growing at a CAGR of 2.0% during 2019-2025.

This report focuses on Animal Feeds Additives volume and value at global level, regional level and company level. From a global perspective, this report represents overall Animal Feeds Additives market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Evonik

DuPont

DSM

Adisseo

BASF

ADM

Nutreco

Novusint

Charoen Pokphand Group

Cargill

Sumitomo Chemical

Kemin Industries

Biomin

Alltech

Addcon

Bio Agri Mix

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Minerals

Amino Acids

Vitamins

Enzymes

Others

Segment by Application

Poultry Feeds

Ruminant Feeds

Pig Feeds

Aquaculture Feeds

Others

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