(MENAFN- GlobeNewsWire - Nasdaq) Key players in the supplement market are developing specialized products tailored to meet the unique dietary needs of different animals, such as cattle, canines, and equines. By targeting specific species with customized bacterial formulations, companies are increasing consumer interest and driving Feed Supplements market growth.
NEWARK, Del, Oct. 29, 2024 (GLOBE NEWSWIRE) -- The global feed supplements market is projected to expand significantly, growing from USD 3,100 million in 2023 to USD 5,295 million by 2033 with a CAGR of 5.5% . This growth is fueled by increasing awareness about animal health and the need for high-quality animal-based food products. As consumers demand transparency in livestock nutrition, farmers are increasingly incorporating supplements to enhance animal health, longevity, and productivity.
Rising livestock numbers to meet global food demand, especially in regions with high meat consumption, is also boosting market growth. Additionally, the trend of pet ownership is contributing to feed supplements demand, as pet owners invest in optimal nutrition for their animals. Innovations in feed supplements, especially bio-based and eco-friendly options, are driving market expansion as environmental concerns grow.
Government policies promoting sustainable agricultural practices further influence the adoption of feed supplements, particularly in developed regions. Companies are introducing supplements to align with eco-friendly and health-conscious consumer trends, creating a fertile ground for market growth.
Growth Drivers and Opportunities
The primary drivers of the feed supplements market include increasing livestock production, heightened focus on animal health , and regulatory measures favoring sustainable livestock farming. Opportunities also arise from innovations in supplement formulations that enhance nutrient absorption and gut health.
Key Takeaways from Market Study
Market Value : Projected growth from USD 3,100 million in 2023 to USD 5,295 million by 2033 . CAGR : Forecasted growth rate of 5.5% . Demand Drivers : Increased focus on animal health and sustainable farming practices. Regional Growth : North America and Europe lead due to strict regulations and high demand for quality animal products.
“The feed supplements market is witnessing steady growth as farmers and pet owners prioritize animal health and sustainable nutrition. The increasing awareness of health implications tied to animal feed is paving the way for innovative, eco-friendly supplements,” says Nandini Roy Choudhury , Client Partner at Future Market Insights
-p data-mce-style="display: block; margin-left: auto; margin-right: auto;" data-state="draft" height="400" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/107356e7-e5e5-4c41-b64d-508f89b8d0b8/feed-supplements-market.png" style="display:block; margin-left:auto; margin-right:auto;" title="Feed Supplements Market.png" width="400" />
Component Insights
Key components of feed supplements include vitamins, proteins, minerals, and amino acids . Vitamins and proteins are in high demand for enhancing animal growth and immune health , while mineral-based supplements support bone health and productivity.
Feed Supplements Market Prime Determinants of Growth
A. Rising Demand for Animal-Based Products
As populations grow, particularly in developing regions, so does the demand for animal-based products such as meat, dairy, and eggs. This heightened demand drives livestock producers to prioritize animal health and productivity, leading to a greater need for quality feed supplements.
B. Intensification of Animal Farming Practices
The shift toward intensive farming to meet rising demand has increased the need for nutrient-dense feeds to support animal growth, health, and productivity. In confined environments, animals have less opportunity to forage for natural nutrients, which necessitates the inclusion of supplements in their feed.
C. Increased Awareness of Animal Nutrition
Both producers and consumers are increasingly aware of the importance of balanced diets for animals. Nutrition-enriched diets improve the quality of animal-derived products and address animal welfare concerns, pushing feed manufacturers to incorporate essential vitamins, minerals, amino acids, and enzymes.
D. Disease Prevention and Animal Health
The focus on preventing diseases like avian flu, African swine fever, and other livestock diseases drives demand for immune-boosting feed supplements. Probiotics, prebiotics, and minerals are used to enhance immunity, reducing the dependency on antibiotics and appealing to health-conscious markets.
E. Regulatory Environment Favoring Feed Supplements
Many regulatory bodies are restricting the use of antibiotics and hormones in animal feeds. This encourages the industry to adopt alternative supplements to maintain health standards. Nutritional feed supplements are an approved alternative, aiding growth while adhering to global safety regulations.
Get the full scoop-view the complete report!
Global Feed Supplements: Key Players
Some of the key players operating their business in the global Feed Supplements market are
Archer Daniels Midland Company Cargill Incorporated, BASF SE (Germany) Land O'Lakes Inc. GrainCorp Ltd. (Australia)
Global Feed Supplements: Market Segmentation
Basis of Product Type:
Vitamins Protein Minerals Others
Basis of Source:
Urea Molasses Corn Others
Basis of Livestock:
Ruminants Poultry Swine Aquaculture Others
Spanish Translation
Se prevé que el mercado mundial de suplementos alimenticios se expanda significativamente, pasando de USD 3,100 millones en 2023 a USD 5,295 millones para 2033 con una CAGR del 5.5%. Este crecimiento está impulsado por una mayor concienciación sobre la salud animal y la necesidad de productos alimenticios de origen animal de alta calidad. A medida que los consumidores exigen transparencia en la nutrición del ganado, los agricultores están incorporando cada vez más suplementos para mejorar la salud, la longevidad y la productividad de los animales.
El aumento del número de cabezas de ganado para satisfacer la demanda mundial de alimentos, especialmente en las regiones con un alto consumo de carne, también está impulsando el crecimiento del mercado. Además, la tendencia de tener mascotas está contribuyendo a la demanda de suplementos alimenticios, ya que los dueños de mascotas invierten en una nutrición óptima para sus animales. Las innovaciones en los suplementos alimenticios, especialmente las opciones de base biológica y ecológicas, están impulsando la expansión del mercado a medida que aumentan las preocupaciones ambientales.
Las políticas gubernamentales que promueven prácticas agrícolas sostenibles influyen aún más en la adopción de suplementos alimenticios, particularmente en las regiones desarrolladas. Las empresas están introduciendo suplementos para alinearse con las tendencias de los consumidores ecológicos y conscientes de la salud, creando un terreno fértil para el crecimiento del mercado.
Impulsores de crecimiento y oportunidades
Los principales impulsores del mercado de suplementos alimenticios incluyen el aumento de la producción ganadera, un mayor enfoque en la salud animal y medidas regulatorias que favorecen la ganadería sostenible. Las oportunidades también surgen de las innovaciones en las formulaciones de suplementos que mejoran la absorción de nutrientes y la salud intestinal.
Conclusiones clave del estudio de mercado
Valor de mercado : Crecimiento proyectado de USD 3.1 mil millones en 2023 a USD 5.3 mil millones para 2033 . CAGR: Tasa de crecimiento prevista del 5,5%. Impulsores de la demanda : Mayor atención a la salud animal y a las prácticas agrícolas sostenibles. Crecimiento regional : América del Norte y Europa lideran debido a las estrictas regulaciones y la alta demanda de productos animales de calidad.
"El mercado de suplementos alimenticios está experimentando un crecimiento constante a medida que los agricultores y propietarios de mascotas priorizan la salud animal y la nutrición sostenible. La creciente concienciación sobre las implicaciones para la salud relacionadas con la alimentación animal está allanando el camino para suplementos innovadores y respetuosos con el medio ambiente", afirma Nandini Roy Choudhury, socio cliente de Future Market Insights
Información de los componentes
Los componentes clave de los suplementos alimenticios incluyen vitaminas, proteínas, minerales y aminoácidos . Las vitaminas y las proteínas tienen una gran demanda para mejorar el crecimiento de los animales y la salud inmunitaria, mientras que los suplementos a base de minerales favorecen la salud y la productividad óseas.
El mercado de suplementos alimenticios es los principales determinantes del crecimiento
A. Aumento de la demanda de productos de origen animal
A medida que las poblaciones crecen, especialmente en las regiones en desarrollo, también lo hace la demanda de productos de origen animal como la carne, los lácteos y los huevos. Esta mayor demanda impulsa a los productores ganaderos a priorizar la salud y la productividad de los animales, lo que lleva a una mayor necesidad de suplementos alimenticios de calidad.
B. Intensificación de las prácticas ganaderas
El cambio hacia la agricultura intensiva para satisfacer la creciente demanda ha aumentado la necesidad de alimentos ricos en nutrientes para apoyar el crecimiento, la salud y la productividad de los animales. En ambientes confinados, los animales tienen menos oportunidades de buscar nutrientes naturales, lo que requiere la inclusión de suplementos en su alimentación.
Mayor concienciación sobre la nutrición animal
Tanto los productores como los consumidores son cada vez más conscientes de la importancia de las dietas equilibradas para los animales. Las dietas enriquecidas con nutrición mejoran la calidad de los productos de origen animal y abordan las preocupaciones sobre el bienestar animal, lo que empuja a los fabricantes de piensos a incorporar vitaminas, minerales, aminoácidos y enzimas esenciales.
D. Prevención de enfermedades y sanidad animal
El enfoque en la prevención de enfermedades como la gripe aviar, la peste porcina africana y otras enfermedades del ganado impulsa la demanda de suplementos alimenticios que estimulan el sistema inmunológico. Los probióticos, prebióticos y minerales se utilizan para mejorar la inmunidad, reducir la dependencia de los antibióticos y atraer a los mercados preocupados por la salud.
E. Entorno reglamentario que favorece a los suplementos alimenticios
Muchos organismos reguladores están restringiendo el uso de antibióticos y hormonas en los alimentos para animales. Esto anima a la industria a adoptar suplementos alternativos para mantener los estándares de salud. Los suplementos alimenticios nutricionales son una alternativa aprobada, que ayuda al crecimiento al tiempo que se adhiere a las regulaciones de seguridad globales.
Suplementos alimenticios globales: actores clave
Algunos de los actores clave que operan su negocio en el mercado global de suplementos alimenticios son
Archer Daniels Compañía Midland Cargill Incorporated, BASF SE (Alemania) Tierras O'Lakes Inc. GrainCorp Ltd. (Australia)
Suplementos alimenticios globales: segmentación del mercado
Base del tipo de producto:
Vitaminas Proteína Minerales Otros
Base de la fuente:
Bases de la ganadería:
Rumiantes Ave de corral Cerdo Acuicultura Otros
Authored by:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
Explore FMI's related ongoing Coverage in the Food and Beverage Domain:
The liquid feed supplements market size is projected to be valued at USD 6,155 million in 2023 and is expected to rise to USD 10,072.6 million by 2033.
The Global Anti-Stress Feed Supplements market reached USD 475.0 million in 2019. Demand for Anti-Stress Feed Supplements registered a 6.2% Compound Annual Growth Rate from 2019 to 2023.
The global fish feed market Size is expected to accumulate a valuation of USD 116,480 million in 2023 and is projected to expand at a CAGR of 3.5% from 2023 to 2033.
The poultry feed market Outlook is expected to increase at a 5.4% CAGR from 2023 to 2033, from USD 216.5 billion in 2023 to USD 365.6 billion by 2033.
The Mineral Feed market is valued at USD 4.1 Billion in 2022 and is projected to grow at a CAGR of 3.9% during the forecast period, to reach a value of USD 6.2 Billion by 2032.
The global animal feed market size is anticipated to cross a valuation of USD 530.0 billion in 2023. It is estimated to reach a valuation of USD 929.0 billion by 2033.
According to Future Market Insights, the global aquafeed market is expected to increase at a CAGR of 6.8% through 2033. The market value is projected to expand from USD 46.8 billion in 2023 to USD 90.9 billion by 2033.
According to Future Market Insights research, during the projected forecast period, the Sales of Feed Flavor is expected to grow at a CAGR of 5.1%.
The global digestive health supplements market size is estimated to reach USD 17,160 million in 2023. With demand expanding at a 6% CAGR, the market size is projected to reach USD 29,648.6 million over the forecast period.
The multi nutritional supplement market was worth USD 310 Billion in 2020 and is expected to advance at a 5.9% CAGR from 2022 to 2032.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: ...
Website:
LinkedIn | Twitter | Blogs | YouTube
MENAFN29102024004107003653ID1108831546