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Indian Feed Additives Market Size, Share, Growth, Trends: By Source: Synthetic, Natural; By Product Type: Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavours and Sweeteners, Antibiotics, Minerals, Antioxidants, Others; By Livestock; By Form; Regional Analysis; Competitive Landscape; 2024-2032

Indian Feed Additives Market Outlook

The Indian feed additives market has been witnessing significant growth and is likely to witness a healthy growth in the forecast period as well. The Indian feed additives market is expected to grow at a CAGR of 7% in the forecast period of 2024-2032.

The massive population of the country is a significant driver for the feed additives market in India. With a population of more than 1.38 billion, India is the second-largest populous country in the world after China. By 2030, the population of India is expected to reach beyond 1.5 billion. This is likely to generate a strong demand for food, increasing the consumption of animal-derived products, including milk, meat, eggs, seafood, and others.

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Market Segmentation

Feed additives refer to dietary supplements used in animal feeding to enhance the quality and nutritional value of animal products, including milk, meat, eggs, and other animal products. Feed additives mainly consist of amino acids, minerals, vitamins, and fatty acids, which are essential for the well-being of the animal. They also improve the digestibility, as well as the overall health of the animal, by ensuring the optimum absorption of nutrients.

On the basis of source, the Indian feed additives market can be divided into the following:

Synthetic
Natural

Based on product type, the market can be segmented into the following:

Amino AcidsPhosphates
Vitamins
Acidifiers
Carotenoids
Enzymes
Mycotoxin Detoxifiers
Flavours and Sweeteners
Antibiotics
Minerals
Antioxidants
Non-Protein Nitrogen
Preservatives
Phytogenic
Probiotics

On the basis of livestock, the market can be divided as follows:

Ruminants
- Calves
- Dairy Cattle
- Beef Cattle
- Others
Poultry
- Broilers
- Layers
- Breeders
Swine
- Starters
- Growers
- Sows
Aquatic Animal
Others

Based on form, the industry can be divided into dry and liquid.

The regional markets for feed additives include North India, East India, West and Central India, and South India.

Market Analysis

India is currently one of the countries with the largest livestock population globally. It is also one of the major producers of milk, meat, broilers, eggs, and fish. This gives the Indian feed additives market an enormous potential for growth. The huge population of the country is a significant driver of the feed additives industry. Moreover, rising disposable incomes, evolving lifestyles, and the growing knowledge of health and well-being have led to a shift in Indian food preferences from cereals to foods rich in proteins, vitamins, and minerals. This drives the consumption of milk, meat, and eggs in the region. Many main factors driving the demand include the growing concentration on improving yields, growing exports, rising emphasis on the prevention of animal diseases, rising concerns about the quality of animal products, and others.

Competitive Landscape

The report gives a detailed analysis of the following key players in the Indian feed additives market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

Vinayak Ingredients India Pvt. Ltd.
ADM
Evonik
BASF SE
Others

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.

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: Source Product Type Livestock Form Region
Breakup by Source	Synthetic Natural
Breakup by Product Type	Amino Acids Phosphates Vitamins Acidifiers Carotenoids Enzymes Mycotoxin Detoxifiers Flavours and Sweeteners Antibiotics Minerals Antioxidants Non-Protein Nitrogen Preservatives Phytogenics Probiotics
Breakup by Livestock	Ruminants Poultry Swine Aquatic Animal Others
Breakup by Form	Dry Liquid
Breakup by Region	North India West and Central India South India East India
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Vinayak Ingredients India Pvt. Ltd. ADM Evonik BASF SE Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*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   Indian Feed Additives Market Snapshot
7   Opportunities and Challenges in the Market
8   Indian Feed Additives Market Analysis
   8.1   Key Industry Highlights
   8.2   Indian Feed Additives Historical Market (2018-2023)
   8.3   Indian Feed Additives Market Forecast (2024-2032)
   8.4   Indian Feed Additives Market by Source
       8.4.1   Synthetic
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Natural
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
   8.5   Indian Feed Additives Market by Product Type
       8.5.1   Amino Acids
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
           8.5.1.3 Breakup by Type
               8.5.1.3.1   Lysine
                   8.5.1.3.1.1 Historical Trend (2018-2023)
                   8.5.1.3.1.2 Forecast Trend (2024-2032)
               8.5.1.3.2   Methionine
                   8.5.1.3.2.1 Historical Trend (2018-2023)
                   8.5.1.3.2.2 Forecast Trend (2024-2032)
               8.5.1.3.3   Threonine
                   8.5.1.3.3.1 Historical Trend (2018-2023)
                   8.5.1.3.3.2 Forecast Trend (2024-2032)
               8.5.1.3.4   Tryptophan
                   8.5.1.3.4.1 Historical Trend (2018-2023)
                   8.5.1.3.4.2 Forecast Trend (2024-2032)
       8.5.2   Phosphates
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
           8.5.2.3 Breakup by Type
               8.5.2.3.1   Monocalcium Phosphate
                   8.5.2.3.1.1 Historical Trend (2018-2023)
                   8.5.2.3.1.2 Forecast Trend (2024-2032)
               8.5.2.3.2   Dicalcium Phosphate
                   8.5.2.3.2.1 Historical Trend (2018-2023)
                   8.5.2.3.2.2 Forecast Trend (2024-2032)
               8.5.2.3.3   Mono-Dicalcium Phosphate
                   8.5.2.3.3.1 Historical Trend (2018-2023)
                   8.5.2.3.3.2 Forecast Trend (2024-2032)
               8.5.2.3.4   Defluorinated Phosphate
                   8.5.2.3.4.1 Historical Trend (2018-2023)
                   8.5.2.3.4.2 Forecast Trend (2024-2032)
               8.5.2.3.5   Tricalcium Phosphate
                   8.5.2.3.5.1 Historical Trend (2018-2023)
                   8.5.2.3.5.2 Forecast Trend (2024-2032)
       8.5.3   Vitamins
           8.5.3.1 Historical Trend (2018-2023)
           8.5.3.2 Forecast Trend (2024-2032)
           8.5.3.3 Breakup by Type
               8.5.3.3.1   Fat-Soluble
                   8.5.3.3.1.1 Historical Trend (2018-2023)
                   8.5.3.3.1.2 Forecast Trend (2024-2032)
               8.5.3.3.2   Water-Soluble
                   8.5.3.3.2.1 Historical Trend (2018-2023)
                   8.5.3.3.2.2 Forecast Trend (2024-2032)
       8.5.4   Acidifiers
           8.5.4.1 Historical Trend (2018-2023)
           8.5.4.2 Forecast Trend (2024-2032)
           8.5.4.3 Breakup by Type
               8.5.4.3.1   Propionic Acid
                   8.5.4.3.1.1 Historical Trend (2018-2023)
                   8.5.4.3.1.2 Forecast Trend (2024-2032)
               8.5.4.3.2   Formic Acid
                   8.5.4.3.2.1 Historical Trend (2018-2023)
                   8.5.4.3.2.2 Forecast Trend (2024-2032)
               8.5.4.3.3   Citric Acid
                   8.5.4.3.3.1 Historical Trend (2018-2023)
                   8.5.4.3.3.2 Forecast Trend (2024-2032)
               8.5.4.3.4   Lactic Acid
                   8.5.4.3.4.1 Historical Trend (2018-2023)
                   8.5.4.3.4.2 Forecast Trend (2024-2032)
               8.5.4.3.5   Sorbic Acid
                   8.5.4.3.5.1 Historical Trend (2018-2023)
                   8.5.4.3.5.2 Forecast Trend (2024-2032)
               8.5.4.3.6   Malic Acid
                   8.5.4.3.6.1 Historical Trend (2018-2023)
                   8.5.4.3.6.2 Forecast Trend (2024-2032)
               8.5.4.3.7   Acetic Acid
                   8.5.4.3.7.1 Historical Trend (2018-2023)
                   8.5.4.3.7.2 Forecast Trend (2024-2032)
       8.5.5   Carotenoids
           8.5.5.1 Historical Trend (2018-2023)
           8.5.5.2 Forecast Trend (2024-2032)
           8.5.5.3 Breakup by Type
               8.5.5.3.1   Astaxanthin
                   8.5.5.3.1.1 Historical Trend (2018-2023)
                   8.5.5.3.1.2 Forecast Trend (2024-2032)
               8.5.5.3.2   Canthaxanthin
                   8.5.5.3.2.1 Historical Trend (2018-2023)
                   8.5.5.3.2.2 Forecast Trend (2024-2032)
               8.5.5.3.3   Lutein
                   8.5.5.3.3.1 Historical Trend (2018-2023)
                   8.5.5.3.3.2 Forecast Trend (2024-2032)
               8.5.5.3.4   Beta-Carotene
                   8.5.5.3.4.1 Historical Trend (2018-2023)
                   8.5.5.3.4.2 Forecast Trend (2024-2032)
       8.5.6   Enzymes
           8.5.6.1 Historical Trend (2018-2023)
           8.5.6.2 Forecast Trend (2024-2032)
           8.5.6.3 Breakup by Type
               8.5.6.3.1   Phytase
                   8.5.6.3.1.1 Historical Trend (2018-2023)
                   8.5.6.3.1.2 Forecast Trend (2024-2032)
               8.5.6.3.2   Protease
                   8.5.6.3.2.1 Historical Trend (2018-2023)
                   8.5.6.3.2.2 Forecast Trend (2024-2032)
               8.5.6.3.3   Others
       8.5.7   Mycotoxin Detoxifiers
           8.5.7.1 Historical Trend (2018-2023)
           8.5.7.2 Forecast Trend (2024-2032)
           8.5.7.3 Breakup by Type
               8.5.7.3.1   Binders
                   8.5.7.3.1.1 Historical Trend (2018-2023)
                   8.5.7.3.1.2 Forecast Trend (2024-2032)
               8.5.7.3.2   Modifiers
                   8.5.7.3.2.1 Historical Trend (2018-2023)
                   8.5.7.3.2.2 Forecast Trend (2024-2032)
       8.5.8   Flavours and Sweeteners
           8.5.8.1 Historical Trend (2018-2023)
           8.5.8.2 Forecast Trend (2024-2032)
           8.5.8.3 Breakup by Type
               8.5.8.3.1   Flavours
                   8.5.8.3.1.1 Historical Trend (2018-2023)
                   8.5.8.3.1.2 Forecast Trend (2024-2032)
               8.5.8.3.2   Sweeteners
                   8.5.8.3.2.1 Historical Trend (2018-2023)
                   8.5.8.3.2.2 Forecast Trend (2024-2032)
       8.5.9   Antibiotics
           8.5.9.1 Historical Trend (2018-2023)
           8.5.9.2 Forecast Trend (2024-2032)
           8.5.9.3 Breakup by Type
               8.5.9.3.1   Tetracycline
                   8.5.9.3.1.1 Historical Trend (2018-2023)
                   8.5.9.3.1.2 Forecast Trend (2024-2032)
               8.5.9.3.2   Penicillin
                   8.5.9.3.2.1 Historical Trend (2018-2023)
                   8.5.9.3.2.2 Forecast Trend (2024-2032)
               8.5.9.3.3   Others
       8.5.10   Minerals
           8.5.10.1 Historical Trend (2018-2023)
           8.5.10.2 Forecast Trend (2024-2032)
           8.5.10.3 Breakup by Type
               8.5.10.3.1   Potassium
                   8.5.10.3.1.1 Historical Trend (2018-2023)
                   8.5.10.3.1.2 Forecast Trend (2024-2032)
               8.5.10.3.2   Calcium
                   8.5.10.3.2.1 Historical Trend (2018-2023)
                   8.5.10.3.2.2 Forecast Trend (2024-2032)
               8.5.10.3.3   Phosphorus
                   8.5.10.3.3.1 Historical Trend (2018-2023)
                   8.5.10.3.3.2 Forecast Trend (2024-2032)
               8.5.10.3.4   Magnesium
                   8.5.10.3.4.1 Historical Trend (2018-2023)
                   8.5.10.3.4.2 Forecast Trend (2024-2032)
               8.5.10.3.5   Sodium
                   8.5.10.3.5.1 Historical Trend (2018-2023)
                   8.5.10.3.5.2 Forecast Trend (2024-2032)
               8.5.10.3.6   Iron
                   8.5.10.3.6.1 Historical Trend (2018-2023)
                   8.5.10.3.6.2 Forecast Trend (2024-2032)
               8.5.10.3.7   Zinc
                   8.5.10.3.7.1 Historical Trend (2018-2023)
                   8.5.10.3.7.2 Forecast Trend (2024-2032)
               8.5.10.3.8   Copper
                   8.5.10.3.8.1 Historical Trend (2018-2023)
                   8.5.10.3.8.2 Forecast Trend (2024-2032)
               8.5.10.3.9   Manganese
                   8.5.10.3.9.1 Historical Trend (2018-2023)
                   8.5.10.3.9.2 Forecast Trend (2024-2032)
               8.5.10.3.10   Others
       8.5.11   Antioxidants
           8.5.11.1 Historical Trend (2018-2023)
           8.5.11.2 Forecast Trend (2024-2032)
           8.5.11.3 Breakup by Type
               8.5.11.3.1   Bha
                   8.5.11.3.1.1 Historical Trend (2018-2023)
                   8.5.11.3.1.2 Forecast Trend (2024-2032)
               8.5.11.3.2   Bht
                   8.5.11.3.2.1 Historical Trend (2018-2023)
                   8.5.11.3.2.2 Forecast Trend (2024-2032)
               8.5.11.3.3   Ethoxyquin
                   8.5.11.3.3.1 Historical Trend (2018-2023)
                   8.5.11.3.3.2 Forecast Trend (2024-2032)
               8.5.11.3.4   Others
       8.5.12   Non-Protein Nitrogen
           8.5.12.1 Historical Trend (2018-2023)
           8.5.12.2 Forecast Trend (2024-2032)
           8.5.12.3 Breakup by Type
               8.5.12.3.1   Urea
                   8.5.12.3.1.1 Historical Trend (2018-2023)
                   8.5.12.3.1.2 Forecast Trend (2024-2032)
               8.5.12.3.2   Ammonia
                   8.5.12.3.2.1 Historical Trend (2018-2023)
                   8.5.12.3.2.2 Forecast Trend (2024-2032)
               8.5.12.3.3   Others
       8.5.13   Preservatives
           8.5.13.1 Historical Trend (2018-2023)
           8.5.13.2 Forecast Trend (2024-2032)
           8.5.13.3 Breakup by Type
               8.5.13.3.1   Mold Inhibitors
                   8.5.13.3.1.1 Historical Trend (2018-2023)
                   8.5.13.3.1.2 Forecast Trend (2024-2032)
               8.5.13.3.2   Anticaking Agents
                   8.5.13.3.2.1 Historical Trend (2018-2023)
                   8.5.13.3.2.2 Forecast Trend (2024-2032)
       8.5.14   Phytogenics
           8.5.14.1 Historical Trend (2018-2023)
           8.5.14.2 Forecast Trend (2024-2032)
           8.5.14.3 Breakup by Type
               8.5.14.3.1   Essential Oils
                   8.5.14.3.1.1 Historical Trend (2018-2023)
                   8.5.14.3.1.2 Forecast Trend (2024-2032)
               8.5.14.3.2   Herbs and Spices
                   8.5.14.3.2.1 Historical Trend (2018-2023)
                   8.5.14.3.2.2 Forecast Trend (2024-2032)
               8.5.14.3.3   Oleoresin
                   8.5.14.3.3.1 Historical Trend (2018-2023)
                   8.5.14.3.3.2 Forecast Trend (2024-2032)
               8.5.14.3.4   Others
       8.5.15   Probiotics
           8.5.15.1 Historical Trend (2018-2023)
           8.5.15.2 Forecast Trend (2024-2032)
           8.5.15.3 Breakup by Type
               8.5.15.3.1   Lactobacilli
                   8.5.15.3.1.1 Historical Trend (2018-2023)
                   8.5.15.3.1.2 Forecast Trend (2024-2032)
               8.5.15.3.2   Stretococcus Thermophilus
                   8.5.15.3.2.1 Historical Trend (2018-2023)
                   8.5.15.3.2.2 Forecast Trend (2024-2032)
               8.5.15.3.3   Bifidobacteria
                   8.5.15.3.3.1 Historical Trend (2018-2023)
                   8.5.15.3.3.2 Forecast Trend (2024-2032)
               8.5.15.3.4   Others
   8.6   Indian Feed Additives Market by Livestock
       8.6.1   Ruminants
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
           8.6.1.3 Breakup by Type
               8.6.1.3.1   Calves
                   8.6.1.3.1.1 Historical Trend (2018-2023)
                   8.6.1.3.1.2 Forecast Trend (2024-2032)
               8.6.1.3.2   Dairy Cattle
                   8.6.1.3.2.1 Historical Trend (2018-2023)
                   8.6.1.3.2.2 Forecast Trend (2024-2032)
               8.6.1.3.3   Beef Cattle
                   8.6.1.3.3.1 Historical Trend (2018-2023)
                   8.6.1.3.3.2 Forecast Trend (2024-2032)
               8.6.1.3.4   Others
       8.6.2   Poultry
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
           8.6.2.3 Breakup by Type
               8.6.2.3.1   Broilers
                   8.6.2.3.1.1 Historical Trend (2018-2023)
                   8.6.2.3.1.2 Forecast Trend (2024-2032)
               8.6.2.3.2   Layers
                   8.6.2.3.2.1 Historical Trend (2018-2023)
                   8.6.2.3.2.2 Forecast Trend (2024-2032)
               8.6.2.3.3   Breeders
                   8.6.2.3.3.1 Historical Trend (2018-2023)
                   8.6.2.3.3.2 Forecast Trend (2024-2032)
       8.6.3   Swine
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
           8.6.3.3 Breakup by Type
               8.6.3.3.1   Starters
                   8.6.3.3.1.1 Historical Trend (2018-2023)
                   8.6.3.3.1.2 Forecast Trend (2024-2032)
               8.6.3.3.2   Growers
                   8.6.3.3.2.1 Historical Trend (2018-2023)
                   8.6.3.3.2.2 Forecast Trend (2024-2032)
               8.6.3.3.3   Sows
                   8.6.3.3.3.1 Historical Trend (2018-2023)
                   8.6.3.3.3.2 Forecast Trend (2024-2032)
       8.6.4   Aquatic Animal
           8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
       8.6.5   Others
   8.7   Indian Feed Additives Market by Form
       8.7.1   Dry
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Liquid
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
   8.8   Indian Feed Additives Market by Region
       8.8.1   North India
       8.8.2   West and Central India
       8.8.3   South India
       8.8.4   East India
9   Regional Analysis
   9.1   North India
       9.1.1   Historical Trend (2018-2023)
       9.1.2   Forecast Trend (2024-2032)
   9.2   West and Central India
       9.2.1   Historical Trend (2018-2023)
       9.2.2   Forecast Trend (2024-2032)
   9.3   South India
       9.3.1   Historical Trend (2018-2023)
       9.3.2   Forecast Trend (2024-2032)
   9.4   East India
       9.4.1   Historical Trend (2018-2023)
       9.4.2   Forecast Trend (2024-2032)
10   Market Dynamics
   10.1   SWOT Analysis
       10.1.1   Strengths
       10.1.2   Weaknesses
       10.1.3   Opportunities
       10.1.4   Threats
   10.2   Porter’s Five Forces Analysis
       10.2.1   Supplier’s Power
       10.2.2   Buyers Power
       10.2.3   Threat of New Entrants
       10.2.4   Degree of Rivalry
       10.2.5   Threat of Substitutes
   10.3   PESTEL Analysis
       10.3.1   Political
       10.3.2   Economic
       10.3.3   Social
       10.3.4   Legal
       10.3.5   Environmental
       10.3.6   Technological
   10.4   Key Indicators for Demand
   10.5   Key Indicators for Price
11   Value Chain Analysis
12   Price Analysis
13   Government Regulations
14   Strategic Recommendations
15   Competitive Landscape
   15.1   Market Structure
   15.2   Key Players
   15.3   Company Profiles
       15.3.1   Vinayak Ingredients India Pvt. Ltd.
           15.3.1.1   Company Overview
           15.3.1.2   Product Portfolio
           15.3.1.3   Demographic Reach and Achievements
           15.3.1.4   Certifications
       15.3.2   ADM
           15.3.2.1   Company Overview
           15.3.2.2   Product Portfolio
           15.3.2.3   Demographic Reach and Achievements
           15.3.2.4   Certifications
       15.3.3   Evonik
           15.3.3.1   Company Overview
           15.3.3.2   Product Portfolio
           15.3.3.3   Demographic Reach and Achievements
           15.3.3.4   Certifications
       15.3.4   BASF SE
           15.3.4.1   Company Overview
           15.3.4.2   Product Portfolio
           15.3.4.3   Demographic Reach and Achievements
           15.3.4.4   Certifications
       15.3.5   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Indian Feed Additives Market: Key Industry Highlights, 2018 and 2032
2.   Indian Feed Additives Historical Market: Breakup by Source (USD Billion), 2018-2023
3.   Indian Feed Additives Market Forecast: Breakup by Source (USD Billion), 2024-2032
4.   Indian Feed Additives Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5.   Indian Feed Additives Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6.   Indian Feed Additives Historical Market: Breakup by Livestock (USD Billion), 2018-2023
7.   Indian Feed Additives Market Forecast: Breakup by Livestock (USD Billion), 2024-2032
8.   Indian Feed Additives Historical Market: Breakup by Form (USD Billion), 2018-2023
9.   Indian Feed Additives Market Forecast: Breakup by Form (USD Billion), 2024-2032
10.   Indian Feed Additives Historical Market: Breakup by Region (USD Billion), 2018-2023
11.   Indian Feed Additives Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.   Indian Feed Additives Market Structure

Key Questions Answered in the Report

What is the growth rate of the market?

The market is projected to grow at a CAGR of nearly 7% in the forecast period of 2024-2032.

What are the major market drivers?

The major drivers of the industry include rising disposable incomes, increasing population, evolving lifestyles, the rising knowledge of health and well-being of animals, growing concentration on improving yields, growing exports, and rising concerns about the quality of animal products.

What are the key industry trends of the market?

The increasing emphasis on the prevention of animal diseases is expected to be a key trend guiding the growth of the industry.

What are the major regional markets, according to the EMR report?

North India, East India, West and Central India, and South India are the leading regions in the market.

What are the major sources of the product?

The major sources of the product include synthetic and natural.

What are the leading product types in the industry?

Amino acids, phosphates, vitamins, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, flavours and sweeteners, antibiotics, minerals, antioxidants, non-protein nitrogen, preservatives, phytogenic, and probiotics are the leading product types in the industry.

What are the major livestock types in the industry?

The major livestock types in the industry are ruminants, poultry, swine, and aquatic animal, among others.

What are the major forms of the product?

The major forms can be divided into dry and liquid.

Who are the key industry players, according to the report?

The leading players in the market are Vinayak Ingredients India Pvt. Ltd., ADM, Evonik, and BASF SE, among others.

Analyst Review

The Indian feed additives market is driven by the evolving lifestyles of the population of India. Aided by the growing knowledge of the health and well-being of the animals, the industry is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 7%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its sources, the Indian market for feed additives can be segmented into synthetic and natural. On the basis of product types, the industry can be divided into amino acids, phosphates, vitamins, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, flavours and sweeteners, antibiotics, minerals, antioxidants, non-protein nitrogen, preservatives, phytogenic, and probiotics. By livestock, the industry can be segmented into ruminants, poultry, swine, and aquatic animal, among others. On the basis of forms, the industry can be segmented into dry and liquid. The major regional markets for feed additives are North India, East India, West and Central India, and South India. The key players in the above industry include Vinayak Ingredients India Pvt. Ltd., ADM, Evonik, and BASF SE, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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