Animal Nutrition Market: Size, Opportunity Analysis and Industry Forecast, 2024-2034

Animal Nutrition Market Overview

The global animal nutrition market size is calculated at USD 25.65 billion for 2024 and is projected to reach a size of USD 35.01 billion by the end of 2029. Worldwide demand for animal nutrition is predicted to rise at a CAGR of 6.13% from 2025 to 2029.

Current trends indicate that the Animal Nutrition Market is also experiencing growth through awareness of the health of animals and the need for high-quality feed. This 150-page report provides insights into the global markets including market developments, future market size, and growth prospects during 2024-2030. It looks at the nutrient classes such as amino acids, vitamins lipids and antioxidants in enhancing animal’s health, reproduction and production.

The dataset is divided by nutrient type and application type, including the most important geographical regions of Asia-Pacific and North America. Consumers are increasingly seeking high-protein diets for their nutritional value as well as the discovery of new feed supplements and additives to enhance animal growth is expanding the market.

Furthermore, it suggests the weaknesses for issues like variations in the raw material prices, or environmental factors. Market size, growth rate, market shares, and opportunities of the major market players are estimated and evaluated through analyzing recent innovations and developments in the market.

Developed to be easily readable the given report is compiled to be useful for various stakeholders which include the feed manufacturers, animal vets, and investors in the Animal Nutrition Market seeking reliable information concerning the dynamism of the market.

Market Report Coverage:

The “Animal Nutrition Market Report—Future (2024-2029)” by Digiroads Research & Consulting covers an in-depth analysis of the following segments in the market.

Study Assumptions and Definitions

The given study on Animal Nutrition Market has been developed using well-defined market assumptions and terminologies for better market analysis and recommendation understanding. The research also assumes a stable economic growth of the major regions in the forecast period (2024-2030) and moderate volatility in the cost of agricultural and livestock production. As the driving forces for growth, it takes into account tech progress in animal feeds, growing concern about animal welfare, and shifting customer preferences towards sustainable farming of livestock.
Market size, position, and anticipated growth rates are arrived at using primary research responses and writings from secondary sources such as governmental papers, market white papers, and company documents. Regional segmentation implies that the trade policies and regulatory environment affecting the animal nutrition industry are the same across each region.

Key terms are defined as follows:

Animal Nutrition: This is the science that deals with feeding of animals with its aim of providing balanced feeds for health, production and performance.

Amino Acids: Some are components of the nourishing of protein indispensable for metabolic processes essential for formation of proteins.

Antioxidants: Substances that shield cells from damage due to oxidizing agents; promote animal growth and fertility.

Lipids: Nutrients that supply energy for metabolism and well being.

These assumptions and definitions enable a clear picture of the market trend, its challenges and opportunities to be developed.

Market Scope

The Animal Nutrition Market encompasses the production, distribution, and utilization of essential nutrients required for maintaining animal health and productivity. This includes a broad range of products such as amino acids, enzymes, carotenoids, antioxidants, lipids, vitamins, and minerals, which are integral to livestock, poultry, aquaculture, and companion animal diets.

The market addresses the needs of diverse end-users, including animal feed manufacturers, veterinarians, farms, households, zoos, and shelters. Geographically, it spans regions like North America, Europe, Asia-Pacific, South America, and the Rest of the World, analyzing trends, opportunities, and growth potential in each.

The scope also covers market dynamics, such as drivers (increasing demand for nutrient-rich animal feed), challenges (rising production costs), and emerging innovations in feed formulations. With growing awareness of animal health and sustainability, this market plays a crucial role in the global food chain, offering insights into key industry trends and strategies.

MARKET OUTLOOK

Executive Summary

Using growth rates and current market values, the Animal Nutrition Market is forecast to have a market size of $39,611.3 million by the year 2030, achieving a compound annual growth rate of 6.60% from the years 2024 to 2030. Such increase has been occasioned by growing awareness of animal health, increasing consumption of better quality meat and dairy products, and enhanced feed formulation. The market concerns basic nutrients including amino acids, vitamins, lipids and antioxidants that have a direct bearing on animal production, performance, health and well-being.

The Asia-Pacific segment proved to be the largest in terms of market share and is expected to be 42% in 2021 due to the augmented demand for meat and sea products and the largest animal feed manufacturer in the world. North America region is believed to have the highest CAGR associated with enhanced animal nutrition research and industry players’ backing.

Major market categories include nutrients like amino andenzyme acids, carotenoids, vitamins etc, and users like feed makers, vets, farms etc. That is why the amino acids segment takes the leading position on the global market since it is critical for protein synthesis and various metabolic processes. The increasing consciousness towards sustainable production of livestock and increasing expenditure on new feed supplement too add to the overall market’s expansion.

However, barriers including high production costs, negative impact on the environment, and adverse health effect linked to some of the animal proteins may emerge as constraints to growth. However, there exists a number of challenges which are currently experienced in the market and they include;Threats: The market is however shaped and sustained by continuous innovations coupled with the strategic alliances with key players including; Alltech Inc., Cargill, BASF and Royal DSM.

Consequently, this report accustoms the reader with key market attributes such as, market size, growth rates, trends, opportunities, and threats that could be exploited to derive optimum benefits in the Animal Nutrition Market.

COMPETITIVE LANDSCAPE

The Animal Nutrition Market is moderately fragmented, with regional and multinational players competing fiercely for market share.

Key Market Players

• Alltech Inc.
• BASF SE
• Cargill Incorporated
• Royal DSM (dsm-firmenich)
• Evonik Animal Nutrition
• Church & Dwight Co. Inc.
• Kemin Industries Inc.
• Elanco Animal Health Incorporated
• Balchem Inc.
• Novozymes A/S
• The Archer-Daniels-Midland Company
• Mitsui & Co., Ltd. (Novus International, Inc.)

Market Share Analysis

However, in the year 2021, the Asia-Pacific region accounted for the largest Animal Nutrition Market size share of about 42 percent. This dominance is attributed to high protein demand emanating from meat and seafood and high demand from dairy products, and more importantly the region is the leading global producer of animal feed. The стремительный growth of the demand for protein-rich animal products in countries such as China and India will also contribute to market growth in this region.

North America is expected to peak in the fastest growth rate in the forecast period (2024-2030) particularly in the United States. The capacity for growth in this region is upheld by increasing R & D dollars from key players such as Cargill and DSM in order to advance the health of animals through feed additives and supplements.

Europe is also expected to have a large market in this industry due to a rising consciousness in today’s world toward eco-friendly farming and animal welfare laws. Players involved in the European market such as BASF and Evonik Industries are among key industry players leading in the effort towards developing effective and sustainable animal nutrition.

The sales in the Latin American and Middle Eastern regions are likely to grow continuously as more people eat animal proteins in those areas. The current entry of new players as well as growth of facilities creating animal feeds are factors that are enhancing the market growth in these regions.

In general, the global animal nutrition industry presents high levels of competitiveness due to a constant increase in demand for better quality feed products from the leading producers.

MARKET DYNAMICS

Market Drivers and Key Innovations

The major driving forces for the Animal Nutrition Market are the improved awareness of animal health dietaries, increasing meat consumption levels, and the growing need for premium feed. Key drivers include:

Rising Demand for Nutritional Diets: The increasing health consciousness and the changing nature of humane animal production in the world has led to high demand of nutrient for feed content like amino acid, vitamin, lipids and antioxidants. These nutrients are very essential in satisfying animals growth, health and productivity.

Healthier Livestock for Better Productivity: Demand for meat, dairy products and eggs increases as the population of the world’s population continues to grow. Feed formulated with excellent nutrition has the effect of enhancing the health, disease tolerance and reproduction of livestock that in turn, the need for better nutrition solutions.

Sustainability and Environmental Concerns: Recent changes in environmental consciousness are driving the use of sustainable feed solutions. New feed additives and efficient nutrient formulations are solutions to issues that relate to emissions of gases such as methane, and the use of what in barns.

Technological Advancements: Technological developments in feeding regime and feed supplements are improving animal feed systems and feeds. Enzymes that enhance the digestibility of feed and substances that boost intestinal health are some among the most advanced innovation.

Key Innovations

Microencapsulation: It also enables precise controlled release of nutrients meaning that they are easily absorbed by the body.

Probiotics and Eubiotics: Prebiotics and probiotics as easy covering for bacteria and fungi that are capable of enhancing gut health and digestion is still on the rise.

Carotenoids: To improve the food value of animal and nutrition, synthetic colors are substituted with natural colors like beta carotene were added in poultry and aquaculture feed.

They are the key to defining the future of the animal nutrition industry since demand for improved animal health is on the rise.

Market Challenges

1. High Production Costs: The increasing cost of raw materials such as grains, vitamins, and minerals used in animal feed production is a major challenge. This impacts overall feed prices and profitability for manufacturers.
2. Health Hazards of Animal Proteins: Excessive consumption of animal proteins can lead to health risks, such as heart disease and high blood pressure. This raises concerns about the sustainability of animal-based feed sources.
3. Environmental Impact: Livestock farming, particularly cattle, has significant environmental consequences, including greenhouse gas emissions, water usage, and land degradation. Sustainable animal nutrition solutions are required to minimize these impacts.
4. Regulatory and Compliance Issues: Stringent regulations surrounding feed ingredients, additives, and animal health standards in different regions can create challenges for global market expansion and innovation.
5. Ethical Concerns in Animal Farming: Increasing consumer awareness of animal welfare is putting pressure on the industry to adopt ethical practices, affecting the supply and demand of certain animal products.
6. Supply Chain Disruptions: The global supply chain for animal feed ingredients is vulnerable to disruptions from geopolitical tensions, natural disasters, and pandemics, which can affect availability and pricin.
7. Competition from Plant-Based Alternatives: The rise of plant-based proteins and alternatives to traditional animal feed sources is increasing competition and challenging traditional animal nutrition markets.

Market Opportunities

1. Growing Demand for Sustainable Feed Solutions: With the increasing focus on sustainability in animal farming, there is a rising demand for eco-friendly feed ingredients and solutions that minimize environmental impact. This presents an opportunity for companies to develop sustainable feed alternatives, such as plant-based proteins and bio-based feed additives.
2. Advancements in Precision Feeding Technologies: The integration of technology in animal farming, such as precision feeding systems, offers significant opportunities. These technologies enable more efficient use of nutrients, leading to reduced feed waste, improved animal health, and higher productivity.
3. Rise in Aquaculture and Poultry Farming: The expanding global demand for seafood and poultry products creates a substantial opportunity for animal nutrition solutions tailored for aquaculture and poultry farming. The use of specialized feed for fish, shrimp, and poultry is a growing segment within the market.
4. Increase in Companion Animal Nutrition: As pet ownership rises globally, there is an increasing demand for high-quality nutrition for companion animals (dogs, cats, etc.). This segment offers opportunities for companies to develop specialized pet food that focuses on health, longevity, and performance.
5. Adoption of Probiotics and Eubiotics: The growing interest in gut health and immunity for livestock opens opportunities for probiotics and eubiotics (beneficial bacteria and fungi). These can improve digestion, immune function, and overall animal health.
6. Emerging Markets in Developing Countries: As economies grow in regions such as Africa, Latin America, and Southeast Asia, there is significant potential for expansion in animal nutrition markets. Increased livestock production and demand for higher-quality feed provide opportunities for market penetration.
7. Collaborations and Mergers: Strategic partnerships and mergers with biotechnology companies, universities, and animal health organizations can lead to new innovations in animal nutrition, offering opportunities to enhance product offerings and market reach.

These opportunities allow businesses in the animal nutrition sector to innovate, diversify their product offerings, and capitalize on the increasing global demand for efficient and sustainable animal farming practices.

RECENT STRATEGIES & DEVELOPMENTS IN THE MARKET

• Strategic Mergers and Acquisitions
  • DSM merged with Firmenich to form DSM-Firmenich, combining their strengths in nutrition and health to expand their reach in both animal and human nutrition sectors. This merger aims to leverage synergies in R&D, strengthening innovation and the sustainable development of nutrition solutions for animals.
  • Cargill acquired Southern States Cooperative’s animal nutrition business in 2022 to expand its presence in the U.S. market and enhance its product offerings in animal feed solutions.
• Expansion of R&D Facilities
  • Cargill significantly increased investment in its Global Animal Nutrition Innovation Center in Elk River, Minnesota. The expansion, announced in April 2022, focuses on developing advanced, sustainable feed solutions for various animal segments, including livestock, poultry, and aquaculture.
  • Alltech opened a new Innovation Center in 2021, focusing on advanced research into animal feed and nutrition, particularly in probiotics and sustainable ingredients. The company aims to enhance animal health and increase productivity through cutting-edge technologies.
• Launch of New Product Lines
  • BASF launched the Veromax® feed additive in 2023, designed to improve gut health and animal performance, particularly in pigs and poultry. This product enhances nutrient absorption and supports animal immune systems.
  • Novozymes introduced its Zymotase® enzyme in 2022, aimed at improving fiber digestion and nutrient absorption in ruminants. This innovation supports increased feed efficiency, reducing overall feed costs and improving livestock productivity.
• Focus on Sustainability
  • Evonik Industries launched AminoBalance™, a new range of amino acids designed to optimize feed efficiency, reducing the environmental footprint of livestock production. The company focuses on improving sustainability by reducing nitrogen emissions in livestock farming.
  • Royal DSM has committed to reducing greenhouse gas emissions from animal feed production by incorporating sustainable feed solutions such as plant-based proteins and algae oils, contributing to the global push for net-zero emissions in agriculture.
• Increased Investment in Aquaculture and Poultry Nutrition
  • Kemin Industries expanded its research in aquaculture nutrition with a new facility in Thailand. This facility focuses on developing specialized feed additives for fish and shrimp to improve gut health and enhance growth performance.
  • Alltech invested in enhancing its poultry feed solutions to meet the growing demand for poultry products. The company has introduced new feed formulations designed to improve gut health and increase poultry productivity.

These strategies reflect the industry’s focus on expanding innovation, improving sustainability, and addressing the growing demand for efficient animal nutrition solutions.

KEY BENEFITS FOR STAKEHOLDERS

1. For Animal Feed Manufacturers
   1. Improved Efficiency and Productivity: Adoption of advanced feed additives and precision feeding technologies leads to higher feed efficiency, reducing waste and improving livestock growth rates.
   2. Increased Profit Margins: By integrating sustainable and cost-effective feed solutions, manufacturers can reduce production costs while enhancing product offerings, thereby boosting profitability.
2. For Animal Farmers
   1. Better Animal Health and Performance: High-quality nutrition results in healthier animals, improved immunity, faster growth, and higher yields, leading to better returns from livestock.
   2. Cost Savings: Access to more efficient and nutritionally balanced feed reduces feed costs and increases the overall productivity of farm operations, providing long-term financial benefits.
3. For Veterinarians
   1. Enhanced Animal Care: Veterinarians benefit from the growing awareness of the importance of nutrition in maintaining animal health, enabling them to offer more effective dietary recommendations and improve patient outcomes.
   2. Business Expansion: As demand for specialized animal care grows, veterinarians can expand their services to include nutrition consultations and management.
4. For Pet Food Manufacturers
   1. Rising Consumer Demand for Pet Nutrition: The growing trend of pet humanization presents opportunities for pet food manufacturers to develop premium, nutritionally balanced products for companion animals.
   2. Market Differentiation: By focusing on high-quality, functional ingredients (e.g., probiotics, omega-3 fatty acids), pet food companies can differentiate themselves and capture market share in a competitive industry.
5. For Researchers and Innovators
   1. Opportunities for Technological Advancements: The demand for more effective and sustainable animal nutrition solutions creates opportunities for innovation, particularly in areas like feed additives, probiotics, enzymes, and precision feeding technologies.
   2. Collaborative Research Potential: With the increasing focus on sustainable farming, research institutions and innovators can collaborate with industry players to develop new solutions, securing funding and advancing scientific knowledge.
6. For Investors and Financial Institutions
   1. High Growth Potential: The animal nutrition market is expanding rapidly due to rising demand for nutritious animal feed and sustainable farming practices. This offers strong growth opportunities for investors looking to fund companies that are innovating in this sector.
   2. Reduced Risk: Investing in companies that prioritize sustainability and technological advancements reduces long-term risks by positioning them to thrive in a future-focused, eco-conscious industry.

At DigiRoads Research, we emphasize reliability by employing robust market estimation and data validation methodologies. Our insights are further enhanced by our proprietary data forecasting model, which projects market growth trends up to 2029. This forward-thinking approach ensures our analysis not only captures the current market landscape but also anticipates future developments, equipping stakeholders with actionable foresight.

We go a step further by offering an exhaustive set of regional and country-level data points, supplemented by over 60 detailed charts at no additional cost. This commitment to transparency and accessibility allows stakeholders to gain a deep understanding of the industry’s structural and operational dynamics. By providing exclusive and hard-to-access data, DigiRoads Research empowers businesses to make informed strategic decisions with confidence.

In essence, our methodology and data delivery foster a collaborative and data-driven decision-making environment, enabling businesses to navigate industry challenges and capitalize on opportunities effectively.

Contact Us For More Inquiry. 

Table of Contents

• INTRODUCTION

  • Market Overview
  • Years Considered for Study
  • Market Segmentation
  • Study Assumptions and Definitions
  • Market Scope

• RESEARCH METHODOLOGY

• MARKET OUTLOOK

  • Executive Summary
  • Market Snapshot)

• Market Segments 

• By Nutrient Type:
  1. Amino Acids, Enzymes, Carotenoids, Fiber, Antioxidants, Eubiotics, Lipids, Fatty Acids, Medicated Feed Additives, Minerals, Vitamins, Others
• By End-User:
  Animal Feed Manufacturers, Veterinarians, Households, Farms, Zoos, Animal Shelters, Others
• By Geography:
  North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), Rest of the World (Middle East and Africa)

• COMPETITIVE LANDSCAPE

  • Recent Strategies (Key Strategic Moves)
  • Market Share Analysis
  • Company Profiles
    • Alltech Inc.
    • BASF SE
    • Cargill Incorporated
    • Royal DSM (dsm-firmenich)
    • Evonik Animal Nutrition
    • Church & Dwight Co. Inc.
    • Kemin Industries Inc.
    • Elanco Animal Health Incorporated
    • Balchem Inc.
    • Novozymes A/S
    • The Archer-Daniels-Midland Company
    • Mitsui & Co., Ltd. (Novus International, Inc.)

• MARKET DYNAMICS

  • Market Drivers
  • Market Challenges
  • Market opportunities
  • Porter’s Five Forces’ Analysis
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
    • Threat of New Entrant
    • Threat of Substitutes
    • Competitive Rivalry

• GLOSSARY OF PROMINENT SECODNARY SOURCES

• DISCLAIMER

• ABOUT US