The global Feed Additives market was valued at USD 21.80billion in 2016 and is projected to reach USD 31.84billionby 2025, growing at a CAGR of 4.3% from 2017 to 2025.
The rise in extensive farming activity is expected to be a major driver for Feed Additives. The increasing focus on farm efficiency and productivity is expected to drive market demand for Feed Additives. The major restraint for market growth is high initial capital investment.