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

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

In the year 2021, Singapore was the largest exporter in terms of value, followed by China. It has registered a growth of 7.84% over the previous year. While China registered a growth of 26.57% as compared to the previous year. In the year 2017, the USA was the largest exporter followed by Australia. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has a Herfindahl index of 2606 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  1449 which signifies high competitiveness in the market.

Indonesia Animal Feed Additive Market - Export Market Opportunities

Topics Covered In Indonesia Animal Feed Additive Market Report

Indonesia Animal Feed Additive Market report thoroughly covers the market by additive types, livestock, 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.

Indonesia Animal Feed Additive Market Synopsis

Indonesia Animal Feed Additive Market is likely to grow in the coming years.  The changing lifestyle of the people, increasing income, and high demand for poultry and meat products are bolstering the market.  The government is taking various steps to enhance livestock farming. The government is also providing tax exemptions to attract foreign investors.

According to 6Wresearch, Indonesia Animal Feed Additive Market size is expected to grow during 2023 -2029. The poultry sector in Indonesia is one of the fastest-growing segments and this trend is likely to continue in the future. There is an increase in poultry consumption.  The major reason for the growth of the market is the policies of the government. The Indonesian government has implemented various policies to encourage investment in the sector. Technological development has played a vital role in the advancement of the market.  The productivity of the animals is advanced due to the use of animal feed additives in livestock farming. Feed additives are an integral part of livestock farming in Indonesia. Livestock farming is crucial to the economy of Indonesia. There are certain challenges faced by the market.  There is a lack of raw materials in the Indonesia Animal Feed Additive Industry.  The key ingredients used in the production of the feed additives are imported. This huge dependency on imported goods makes it difficult for companies to compete with global companies.

COVID-19 Impact on Indonesia Animal Feed Additive Market

The COVID-19 pandemic has had a major impact on the Indonesia animal feed additive market. The industry faced numerous challenges such as interruption in supply chains, reduction in demand for products, and decrease in production capacity due to economic slowdowns. The farmers were facing financial difficulties to obtain the necessary inputs, for production.  The trade shows got disturbed due to restrictions on transportation and social distancing measures. Sourcing raw materials became difficult due to restrictions on transportation and logistics and this affected the Asia Pacific Animal Feed Additive Market.

Indonesia Animal Feed Additive Market: Key Players

These are the notable players in the market.  These companies provide a variety of Animal feed additives for the growth and development of livestock and this has led to an increase in Indonesia Animal Feed Additive Market Share.

• Charoen Pokphand Group (CP Group)
• PT Japfa Comfeed Indonesia Tbk
• PT Sierad Produce Tbk
• PT Malindo Feedmill Tbk
• PT Japfa Comfeed Indonesia Tbk
• PT. Citra Sari Makmur
• PT. Cargill Indonesia
• PT. Gold Coin Indonesia
• PT. Japfa Comfeed Indonesia Tbk
• PT. Prima Agri-Products

Market by Additives Type

On the basis of additives type, the Animal Feed Additive Market in Indonesia is segmented into Amino Acids, Antioxidants, Feed Enzymes, Feed Acidifiers, Vitamins, Minerals, Antibiotics, and Others. All the segments will witness growth to enhance the animal-driven product.

Market by Livestock

On the basis of Livestock, the market is segmented into Swine, Ruminants, Poultry, Aquatic Animals, and Others. All segments will dominate the market to meet the distinctive nutritional need of the animals.

Market by Form

Based on form, the market is divided into Dry, Liquid, and Others. The dry and liquid segments will dominate the market to ensure convenience and accurate dosing.

Market by Function

According to Dhaval, Research Manager, 6Wresearch, based on function, the market is segmented into Single Function and Multifunction. Both segments will dominate the market to enhance nutrition and performance.

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:

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