According to the new market research report by IMARC Group ”Indian Feed Additives Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the Indian feed additives market is expected to exhibit a CAGR of 12.3% during 2022-2027. Feed additives are a type of dietary supplement that is largely used in animal nutrition to improve the quality of the feed. They consist of vitamins, minerals, and other essential nutrients required for ensuring optimum animal health and disease prevention. Nutritional, coccidiostats, sensory, and zootechnical are the types of additives primarily administered to the animal feed.
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The increasing livestock population and growing consciousness regarding animal health and wellness are two primes factors driving the feed additives market growth in India. Additionally, the country is one of the largest producers of milk, eggs, broilers, and fish, which is significantly increasing the demand for feed additives, thereby driving the market growth further. Apart from this, the shifting focus on improving yields, rising emphasis on livestock disease prevention, and increasing meat exports are providing an impetus to the market growth. Other factors, such as the growing meat consumption and increasing cases of livestock diseases, are creating a positive outlook for the market in India.
Breakup by Source:
- Synthetic
- Natural
Breakup by Product Type:
- Amino Acids
- Lysine
- Methionine
- Threonine
- Tryptophan
- Phosphates
- Monocalcium Phosphate
- Dicalcium Phosphate
- Mono-Dicalcium Phosphate
- Defluorinated Phosphate
- Tricalcium Phosphate
- Others
- Vitamins
- Fat-Soluble
- Water-Soluble
- Acidifiers
- Propionic Acid
- Formic Acid
- Citric Acid
- Lactic Acid
- Sorbic Acid
- Malic Acid
- Acetic Acid
- Others
- Carotenoids
- Astaxanthin
- Canthaxanthin
- Lutein
- Beta-Carotene
- Enzymes
- Phytase
- Protease
- Others
- Mycotoxin Detoxifiers
- Binders
- Modifiers
- Flavors and Sweeteners
- Flavors
- Sweeteners
- Antibiotics
- Tetracycline
- Penicillin
- Others
- Minerals
- Potassium
- Calcium
- Phosphorus
- Magnesium
- Sodium
- Iron
- Zinc
- Copper
- Manganese
- Others
- Antioxidants
- Bha
- Bht
- Ethoxyquin
- Others
- Non-Protein Nitrogen
- Urea
- Ammonia
- Others
- Preservatives
- Mold Inhibitors
- Anticaking Agents
- Phytogenics
- Essential Oils
- Herbs and Spices
- Oleoresin
- Others
- Probiotics
- Lactobacilli
- Stretococcus Thermophilus
- Bifidobacteria
- Yeast
Breakup by Livestock:
- Ruminants
- Calves
- Dairy Cattle
- Beef Cattle
- Others
- Poultry
- Broilers
- Layers
- Breeders
- Swine
- Starters
- Growers
- Sows
- Aquatic Animal
- Others
Breakup by Form:
- Dry
- Liquid
Breakup by Region:
- North India
- East India
- West and Central India
- South India
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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