The China feed additives market size reached US$ 4.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.83% during 2023-2028.
Feed additives are ingredients that are used to improve the health and metabolism of animals. They include feeding attractants, immunostimulants, probiotics, acidifiers and essential oils, which affect the stress resistance, immune function and reproduction in animals. Feed additives also improve the shelf-life and efficiency of overall feed. In China, feed additives are increasingly being utilized by farmers as they help in preventing the outbreak of diseases in livestock, improve the quality and nutritional content of the products derived from animals and enhance the value for human consumption.
China represents the largest feed additives market in the Asia Pacific region. The market is primarily driven by a significant rise in the demand for meat-based food products. This is due to the rapid population and economic growth and rising premiumization and health consciousness among consumers. Besides this, improving knowledge about the nutrient requirement for high animal production among animal farmers has also increased the sales of feed additives. Moreover, the development of new techniques, like lipid encapsulation, nano emulsification, and bioavailability enhancement, has enabled manufacturers to improve the performance and stability of feed additives, thereby escalating their demand across the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the China feed additives market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on source, product type, livestock and form.
Breakup by Source:
Breakup by Product Type:
- Amino Acids
- Monocalcium Phosphate
- Dicalcium Phosphate
- Mono-Dicalcium Phosphate
- Defulorinated Phosphate
- Tricalcium Phosphate
- Propionic Acid
- Formic Acid
- Citric Acid
- Lactic Acid
- Sorbic Acid
- Malic Acid
- Acetic Acid
- Mycotoxin Detoxifiers
- Flavors and Sweeteners
- Non-Protein Nitrogen
- Mold Inhibitors
- Anticaking Agents
- Essential Oils
- Herbs and Spices
- Stretococcus Thermophilus
Breakup by Livestock:
- Dairy Cattle
- Beef Cattle
- Aquatic Animal
Breakup by Form:
Breakup by Region:
- North and Northeast
- South Central
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||Source, Product Type, Livestock, Form, Region
||North and Northeast, Northwest, East, South Central, Southwest
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Key Questions Answered in This Report:
- How has the China feed additives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the China feed additives market?
- What are the key regional markets?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the livestock?
- What is the breakup of the market based on the form?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the China feed additives market and who are the key players?
- What is the degree of competition in the industry?