Global animal feed additives market size was estimated at USD 16 billion in 2014. Growing meat consumption as a key protein source, especially in Asia Pacific and Latin America is expected to be a key driver for market demand over the forecast period. Increased focus on product innovation, resulting in high R&D spending is expected to provide new growth opportunities to industry participants.

Additionally, the Animal Feed Additives market report includes comprehensive industry landscape, with market dynamics, drivers, restraints, opportunities and critical success factors. The Animal Feed Additives market report analyzes major companies dealing in this market and provides company market share analysis. The report also contains detailed profiles of key market players with product benchmarking and company revenue analysis.

The report firstly provides market segmentation, current market scenario, growth prospects and value chain analysis. Then the report deeply analyzes the Animal Feed Additives market conditions that include growth feasibility analysis, Porter's five force analysis, PESTEL Analysis and market driver impact analysis. The growth feasibility analysis points out key areas in this market that deserve the most attention from market participants.

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Key Players:
Key companies in the market include integrated players such as DSM, Evonik, and BASF along with specialists such as Danisco, Elanco, Cargill Novozymes, Kemin, Novus etc.

Key report insights suggest:

- Global animal feed additives market was valued at USD 16 billion in 2014 and is expected to reach USD 21.9 billion by 2022, growing at a CAGR of 4% from 2015 to 2022.

- Poultry feed additives dominate the market, with revenue estimated at USD 6.1 billion in 2014 and expected to grow at a CAGR of 4.3% from 2015 to 2022. Aquaculture feed additives market is expected to reach USD 1.29 billion by 2022, with an estimated CAGR of 4.2% over the next seven years.

- Amino acids accounted for over 30% of global demand in 2014, with revenue estimated to reach USD 8 billion by 2022. The demand for feed enzymes and acidifiers is expected to grow at a CAGR of 5.3% and 6.5% from 2015 to 2022, respectively.

- North America and Europe together accounted for over 55% of the global revenue in 2014 and are expected to witness marginal gains over the forecast period, owing to regulatory constraints and raw material issues.

- Asia Pacific animal feed additive market was dominated by India and China, together accounting for around 70% of overall regional revenue in 2014. Brazil dominated the LATAM market similarly, accounting for 80% of total revenue in the same year.

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