Top Companies - Animal Feed Additives Industry

Jan, 2023 - by CMI

Top Companies - Animal Feed Additives Industry

A wide range of additives are given to farm animals, including coccidiostats, histomonostats, nutritional additives, sensory additives, and zootechnical additives. Animals that are nutrient-deficient can receive specific nutrients from nutritional supplements, while animals with an increased appetite due to sensory stimulation can consume more. Coccidiostats and histomonostats are antibiotics that are used to stop bacterial and microbial growth in the feed, while zootechnical additives are added to the feed to improve the health and performance of the animals. The usage of coccidiostats and histomonostats has been outlawed by the European Commission under strict controls, and probiotic substitutes have taken their place. A growing number of feed additives are being utilised to supplement the animal's diet with the nutrients it needs to grow and to shield human consumers from diseases like swine flu and bird flu.

Global Animal Feed Additives Market was valued at US$ 16,331.4 Million in 2021 in terms of revenue, exhibiting a CAGR of 2.9% during the forecast period (2022 to 2030).

Leading Companies in the Animal Feed Additives Industry:

1. BASF SE

Founded in 1856 is a chemical manufacturing company that include the sectors materials, industrial solution, surface technology, Nutrition and agricultural solutions. Operational in more than 90 countries. Headquarters in Ludwigshafen, DE.

2. Koninklijke DSM N.V.

Koninklijke DSM N.V., a science-based company, engages in nutrition, health, and sustainable living businesses. The company was founded in 1902 and is headquartered in Heerlen, the Netherlands.

3. Evonik Industries AG

Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries. The company was founded in 1873 and is headquartered in Essen, Germany. In December, 2022 Evonik launched a non-animal-derived squalene suitable for vaccines and other pharmaceutical applications.

4. Addcon Group

ADDCON was founded in 1995 and is a group of companies with production sites in Norway (Porsgrunn) and Germany. The company has headquarters situated in Bitterfeld-Wolfen, Germany

5. Cargill Inc.

Cargill provides food, agriculture, financial and industrial products and services to the world. The company was founded in 1965. It has headquarters situated in Minnesota, USA and is operational in more than 70 countries / regions. In January, 2023 Cargill announced it has completed the acquisition of Owensboro Grain Company.

6. ADM Animal Nutrition

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients The Company was founded in 1902 and is headquartered in Chicago, Illinois.

7. Adisseo France

The company was founded in 1939 Commentry, France with its original name-Alimentation Equilibrée. The company has headquarters situated in Beijing,China. In 2020, Adisseo and the world’s leading alternative protein producer, Calysta, signed an agreement to establish a joint venture to develop FeedKind®, an innovative feed solution for aquaculture, and to provide exclusive supply for Asian markets.

8. Kemin Industries

Kemin founders R.W. and Mary Nelson had yet to realize the trajectory of Kemin and its future impact on the world when they launched the company in 1961. The company has headquarters situated in Des Moines, Iowa, US.

9.  Nutreco N.V.

Nutreco N.V. produces animal nutrition and feeds. The Company offers premixes and feed specialties for pigs, poultry, ruminants, and fish. Nutreco serves customers worldwide. Nutreco N.V. was founded in 1994 and is based in Amersfoort, the Netherlands.

10. Novozymes A/S 

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics. The company was founded in 1925 and is headquartered in Bagsvaerd, Denmark.

*Definition- To preserve or enhance the quality of food or a product, additives are substances, either natural or synthetic, that are added.

© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.