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Canada Feed Additives Market Size, Share, Growth, Analysis: By Type: Amino Acids, Probiotics, Vitamins, Acidifiers, Enzymes, Minerals, Antibiotics, Flavours and Sweeteners, Others; By Form: Dry, Liquid; By Livestock: Poultry, Ruminants, Aquatic Animals, Swine, Others; By Source; Regional Analysis; Competitive Landscape; 2024-2032
Canada Feed Additives Market Outlook
The Canada feed additives market size reached approximately USD 0.97 billion in 2023. The market is estimated to grow at a CAGR of 4.4% in the forecast period of 2024-2032, reaching a value of around USD 1.43 billion by 2032.
Key Trends in the Market
Feed additives are products that are added to animal feed to enhance its nutritional value as well as its quality. These additives are rich in amino acids, vitamins, minerals, enzymes, fatty acids, and probiotics, among others.
- One of the major factors driving the Canada feed additives market growth is the growing usage of natural feed additives such as bacteriocins, prebiotics, organic acids, and phytogenic compounds, among others. These additives align with the growing consumer preference for natural and organic substances in animal feed as they have a lower environmental impact compared to synthetic additives.
- Functional feed additives such as probiotics, enzymes, and antioxidants are also gaining prominence in the Canadian market as they enhance gut health, boost the immune system, and promote muscle growth to improve the overall condition of animals.
- The surge in demand for seafood products such as shrimp is another crucial trend aiding the Canada feed additives market demand. Due to rising consumer awareness regarding the high protein content of seafood, the demand for aquaculture food and consequently aquaculture feed additives are expected to increase.
Canada Feed Additives Market Segmentation
Based on type, the market is divided into amino acids, probiotics, vitamins, acidifiers, enzymes, minerals, antibiotics, and flavours and sweeteners, among others. On the basis of form, the market is bifurcated into dry and liquid. Based on livestock, the market is classified into poultry, ruminants, aquatic animals, and swine, among others.
On the basis of source, the market is categorised into synthetic and natural. The major regional markets of feed additives in Canada are Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Canada feed additives market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Evonik Industries AG
- Cargill, Incorporated
- BASF SE
- Archer-Daniels-Midland Co.
- Koninklijke DSM N.V.
- Solvay S.A.
- SHV Holding (Nutreco N.V.)
- Novozymes A/S
- International Flavors & Fragrances Inc.
- Elanco Animal Health Incorporated
- Alltech Inc.
- Others
Market Share by Type
Amino acids occupy a significant portion of the Canada feed additives market share as they promote the absorption of nutrients in animals. They also enhance immunity and support overall animal health. Since amino acids are the building blocks of protein, they promote high protein content in meat, further boosting the segment’s growth.
Meanwhile, acidifiers are expected to witness sizeable growth in the forecast period as they can enhance digestion, maintain optimal pH in the intestine, and improve the gut health of animals.
Market Share by Livestock
As per the Canada feed additives market analysis, poultry is expected to be the fastest-growing segment in the coming years, due to the rising demand for eggs, meat, and chicken-based products in the country. This demand has led to a surge in the implementation of high-quality feed additives that can maintain livestock health and optimise the production of poultry products.
Moreover, swine accounts for a substantial market share, owing to increased consumption of pork as well as rising focus on animal welfare.
Competitive Landscape
Evonik Industries AG, founded in 2007 and based in Essen, Germany, is a global leader in speciality chemicals. The company offers its products in the sectors of adhesives and sealants, aerospace, agriculture, cement, ceramics, construction, feed, and 3D printing, among others. Its workforce consists of over 32000 people in over 100 locations across the world.
Cargill, Incorporated, established in 1865, is a food, agricultural, and industrial solutions company, headquartered in Minnesota, the United States. The company is focused on regenerative agriculture through which it aids its farmers in growing food with a low carbon footprint. It offers its products in agriculture, animal nutrition, food and beverage, bio-industrial, and pharmaceutical sectors, among others.
BASF SE is a multinational chemical producer, incorporated in 1865 and based in Ludwigshafen, Germany. The company offers a comprehensive range of products such as chemicals, materials, and industrial and agricultural solutions, among others. The company operates in over 80 countries with its customers spread over 190 countries worldwide.
Other Canada feed additives market players include Archer-Daniels-Midland Co., Koninklijke DSM N.V., Solvay S.A., SHV Holding (Nutreco N.V.), Novozymes A/S, International Flavors & Fragrances Inc., Elanco Animal Health Incorporated, and Alltech Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Form |
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| Breakup by Livestock |
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| Breakup by Source |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Feed Additives Market Overview
8.1 Key Industry Highlights
8.2 North America Feed Additives Historical Market (2018-2023)
8.3 North America Feed Additives Market Forecast (2024-2032)
8.4 North America Feed Additives Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 Canada Feed Additives Market Overview
9.1 Key Industry Highlights
9.2 Canada Feed Additives Historical Market (2018-2023)
9.3 Canada Feed Additives Market Forecast (2024-2032)
10 Canada Feed Additives Market by Type
10.1 Amino Acids
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Probiotics
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Vitamins
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Acidifiers
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Enzymes
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Minerals
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Antibiotics
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Flavours and Sweeteners
10.8.1 Historical Trend (2018-2023)
10.8.2 Forecast Trend (2024-2032)
10.9 Others
11 Canada Feed Additives Market by Form
11.1 Dry
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Liquid
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Canada Feed Additives Market by Livestock
12.1 Poultry
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Ruminants
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Aquatic Animals
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Swine
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Canada Feed Additives Market by Source
13.1 Synthetic
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Natural
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Canada Feed Additives Market by Region
14.1 Northern Canada
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 British Columbia
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Alberta
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 The Prairies
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Central Canada
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Atlantic Canada
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Evonik Industries AG
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Cargill, Incorporated
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 BASF SE
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Archer-Daniels-Midland Co.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Koninklijke DSM N.V.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Solvay S.A.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 SHV Holding (Nutreco N.V.)
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Novozymes A/S
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 International Flavors & Fragrances Inc.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Elanco Animal Health Incorporated
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Alltech Inc.
17.2.11.1 Company Overview
17.2.11.2 Product Portfolio
17.2.11.3 Demographic Reach and Achievements
17.2.11.4 Certifications
17.2.12 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Feed Additives Market: Key Industry Highlights, 2018 and 2032
2. Canada Feed Additives Market: Key Industry Highlights, 2018 and 2032
3. Canada Feed Additives Historical Market: Breakup by Type (USD Billion), 2018-2023
4. Canada Feed Additives Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. Canada Feed Additives Historical Market: Breakup by Form (USD Billion), 2018-2023
6. Canada Feed Additives Market Forecast: Breakup by Form (USD Billion), 2024-2032
7. Canada Feed Additives Historical Market: Breakup by Livestock (USD Billion), 2018-2023
8. Canada Feed Additives Market Forecast: Breakup by Livestock (USD Billion), 2024-2032
9. Canada Feed Additives Historical Market: Breakup by Source (USD Billion), 2018-2023
10. Canada Feed Additives Market Forecast: Breakup by Source (USD Billion), 2024-2032
11. Canada Feed Additives Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Canada Feed Additives Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. Canada Feed Additives Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 0.97 billion.
The market is projected to grow at a CAGR of 4.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 1.43 billion by 2032.
The major market drivers are rising demand for meat and poultry products, growing concerns regarding the quality of animal-based food products, and increased focus on animal welfare.
The key trends of the market include the growing usage of natural feed additives, the rising popularity of functional feed additives, and the surge in demand for seafood products.
The major regions in the market are Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
Different types of feed additives are amino acids, probiotics, vitamins, acidifiers, enzymes, minerals, antibiotics, and flavours and sweeteners, among others.
The key players in the market are Evonik Industries AG, Cargill, Incorporated, BASF SE, Archer-Daniels-Midland Co., Koninklijke DSM N.V., Solvay S.A., SHV Holding (Nutreco N.V.), Novozymes A/S, International Flavors & Fragrances Inc., Elanco Animal Health Incorporated, and Alltech Inc., among others.
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