Feed Additives Market Outlook, Growth Drivers, and Forecast
The global feed additives market is valued at USD 45.54 billion in 2024 and is projected to reach USD 59.88 billion by 2029, growing at a CAGR of 5.6%. This growth is primarily driven by the rising global demand for high-quality animal protein. The expansion of livestock production, along with an increased focus on animal health and performance, continues to support the growth of this market.
As...
Feed Additives Market Will Hit Big Revenues In the Future
Feed Additives Market Overview
Feed additives are substances added to animal feed to enhance its nutritional value, improve the quality of the feed, and promote the health and performance of livestock. These additives can include vitamins, minerals, amino acids, enzymes, probiotics, prebiotics, and other compounds. The key factors driving the growth of the feed additives market include the increasing...