China Animal Feed Additive Market | (2023-2029) | Size, Industry, Outlook, Share, Revenue, Analysis, Trends, Forecast, Growth, Segmentation & COVID-19 IMPACT

China Animal Feed Additive Market | Country-Wise Share and Competition Analysis

In the year 2021, the Netherlands was the largest exporter in terms of value, followed by the USA. It has registered a growth of 53.52% over the previous year. While the USA registered a growth of 34.9% as compared to the previous year. In the year 2017, the USA was the largest exporter followed by the Netherlands. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, China has a Herfindahl index of 1473 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of  1569 which signifies moderately concentrated in the market.

China Animal Feed Additive Market - Export Market Opportunities

Topics Covered in the China Animal Feed Additive Market

China Animal Feed Additive Market report thoroughly covers the market by additive type, by livestock, by form, and by function. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

China Animal Feed Additive Market Synopsis

China Animal Feed Additive Market continues to grow in the coming years owing to the growing various factors such as Increasing demand for natural feed additives and improved livestock health. Additionally, increasing demand rising quality protein consumption by animals for better health is likely to boost the growth of the market at a considerable rate. Generally, China has the largest livestock farming in the country, hence feed additives are being used at a massive rate in livestock to prevent diseases.

According to 6Wresearch, the China Animal Feed Additive Market size is projected to secure tremendous growth during 2023-2029. The market has been growing considerably underpinned by the rising attention to improving livestock health with the purpose to drive healthy food. Also, natural feed additives are gaining popularity without hampering animal health. However, in the market, some are challenges associated with the market growth, one of them is environmental concerns driven by feed additives can pose a threat to the market growth. Although, the market still has great relevance to growing substantially in the country due to the rising demand for animal-driven products like, all dairy products to attain better health is estimated to act as an opportunity to widen the China Animal Feed Additive Market growth in the coming years.

COVID-19 Impact on the China Animal Feed Additive Market

COVID-19 had a significant impact on the China Animal Feed Additive Market. Dairy products being essential items had a continued demand and increased domestic pet ownership during the pandemic period led to drive the demand for animal food and related food products. However, with a complete lockdown, some measures disruptions to supply chains, and workforce shortages resulted in a decline the product availability and this further affected the market growth during the COVID-19 phase.

Key Players in the China Animal Feed Additive Market

Certain leading companies leave a powerful impact on shaping the market by investing in R&D to cater to diverse customers’ needs. Some of the following key players are listed below:

• DSM Nutritional Products has a great presence in the country, which offers a spectrum range of food additives for types of animal species.
• Cargill Inc. is an innovative animal nutrition solutions provider in the country, that offers excellent quality animal feed additives. This helps farmers maintain productivity while improving sustainability.
• Adisseo is another leading animal nutrition providing company, that provides a range of food additives that help the animal to achieve good health.
• Evonik Industries AG is a well-known company that deals in providing animal food products and related products including, food additives that improve animal gut health.

Market Analysis by Additive Type

Based on the additive type, almost all types of additives have been gaining traction and are likely to dominate the China Animal Feed Additive Market share in the country as each of them functions differently, hence the additives demand depends upon the animal conditions and requirements.

Market Analysis by Livestock

According to Shivankar, Research Manager, 6Wresearch, government regulations, disease outbursts, and changing consumer choices are several drivers based on which livestock segment growth is recently dependent.

Market Analysis by Form

Based on the form, it is difficult to say which form is dominating the market growth as form choosing the correct form types are depend on various factors such as animal species, specific additives, and production system

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• China Animal Feed Additive Market Outlook
• Market Size of China Animal Feed Additive Market, 2022
• Forecast of China Animal Feed Additive Market, 2029
• Historical Data and Forecast of China Animal Feed Additive Revenues & Volume for the Period 2019 - 2029
• China Animal Feed Additive Market Trend Evolution
• China Animal Feed Additive Market Drivers and Challenges
• China Animal Feed Additive Price Trends
• China Animal Feed Additive Porter's Five Forces
• China Animal Feed Additive Industry Life Cycle
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Additive Type for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Amino acids for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Antioxidants for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Feed enzymes for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Feed acidifiers for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Vitamins for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Minerals for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Antibiotics for the Period 2019 - 2029
• Historical Data and Forecast of China Amino acids Animal Feed Additive Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Livestock for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Swine for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Ruminants for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Poultry for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Aquatic Animals for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Form for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Dry for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Liquid for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Function for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Single Function for the Period 2019 - 2029
• Historical Data and Forecast of China Animal Feed Additive Market Revenues & Volume By Multifunction for the Period 2019 - 2029
• China Animal Feed Additive Import Export Trade Statistics
• Market Opportunity Assessment By Additive Type
• Market Opportunity Assessment By Livestock
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Function
• China Animal Feed Additive Top Companies Market Share
• China Animal Feed Additive Competitive Benchmarking By Technical and Operational Parameters
• China Animal Feed Additive Company Profiles
• China Animal Feed Additive Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Additive Type

• Amino Acids
• Antioxidants
• Feed Enzymes
• Feed Acidifiers
• Vitamins
• Minerals
• Antibiotics
• Others

By Livestock

• Swine
• Ruminants
• Poultry
• Aquatic Animals
• Others

By Form

• Dry
• Liquid
• Others

By Function

• Single Function
• Multifunction