This is an in-depth study of the $6 billion feed additives market. The report
will become your essential guide to the feed additives industry by answering all
your strategic management questions. It profiles over 45 feed additives and supplies
you with fully comparable pricing trends and market share information.
The report examines the markets for vitamins, amino acids, growth enhancers,
carotenoids, antioxidants and enzymes. It will enable you to evaluate how current
market drivers will impact both your organisation's product portfolio and its
national and global marketing plans.
Feed Additives: A global market study allows you to identify the leading manufacturers
of a specific feed additive using the latest market share information, illustrating
the strengths and weaknesses of your competitors' product portfolios. It also
gives you the opportunity to evaluate the business strategies of the 13 key feed
additive manufacturers and update your contacts database.
This market study reports on the worldwide market for feed additives, market
sizes and trends, price trends and manufacturing companies. The main market segments
are nutritional feed additives with an annual turnover of Euro 3,080 million (equivalent
to $3,283 million), of which amino acids accounted for 55% and vitamins for 38%.
Digestive enhancers that include antibiotic performance enhancers, enzymes, probiotics
and prebiotics are valued at Euro 1,236 million ($1,317 million). Antibiotic
performance enhancers represent the largest group with 73% of segment sales. Although
relatively small in turnover, a healthy growth is projected for the other groups
of digestive enhancers.
Auxiliary substances comprise of a multitude of different products with a wide
variety of functions. A large number of companies are involved in this segment.
Sales turnover is estimated at Euro 911 million ($971 million). Carotenoids and
organic acids capture the lions' share of 52% and 25%, respectively.
Finally, disease-preventing agents are valued at Euro 456 million ($485 million).
Although infestation with coccidiosis is widespread amongst most animals, the
bulk of antiprotozoal agents are consumed by the poultry industry.
The growth rate of feed production is projected at 2-3% per annum until 2004.
The prices for important feed additives are expected to recover from the all time
low of 1999-2000. Overall, an annual increase of 3-4% in feed additive sales is
projected for the next five years.
