Asia-Pacific Feed Additives Market Size

The Asia-Pacific feed additives market is projected to experience significant growth, with its market size expanding over the forecast period. Amino acids, binders, minerals, probiotics, and prebiotics are the primary types of additives driving this growth, particularly in livestock feed. The poultry segment is expected to be the fastest-growing area, reflecting the increasing demand for feed additives due to rising poultry populations and feed production. China holds a substantial portion of the market share, driven by its large livestock population and feed production capacity. Meanwhile, India and Japan also contribute significantly to the market, with India leading in the poultry segment. Indonesia and Thailand are anticipated to be key growth drivers in the region, further enhancing the overall market size.

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Market Size of asia-pacific feed additives Industry

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Asia-Pacific Feed Additives Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 11.34 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 14.38 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Additive Amino Acids
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 4.86 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country China

Major Players

Asia-Pacific Feed Additives Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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APAC Feed Additive Market Analysis

The Asia-Pacific Feed Additives Market size is estimated at 11.34 billion USD in 2024, and is expected to reach 14.38 billion USD by 2029, growing at a CAGR of 4.86% during the forecast period (2024-2029).

11.34 Billion

Market Size in 2024 (USD)

14.38 Billion

Market Size in 2029 (USD)

7.22 %

CAGR (2017-2023)

4.86 %

CAGR (2024-2029)

Largest Market by Additive

21.40 %

value share, Amino Acids, 2023

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Amino acids is the largest segment owing to their benefits and application in animals for different purposes such as gut health, muscle development, and egg formation.

Largest Market by Country

42.15 %

value share, China, 2023

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China is the largest market because of the increased livestock population and processed meat consumption due to large meat processing units.

Fastest-growing Market by Additive

5.53 %

Projected CAGR, Antioxidants, 2024-2029

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Antioxidants is the fastest-growing segment due to benefits such as an increase in the shelf life of feed, limiting the production of toxic metabolites, and providing protein.

Fastest-growing Market by Country

5.62 %

Projected CAGR, Thailand, 2024-2029

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Thailand is the fastest-growing market due to increased feed production of 24.4% from 2017 to 2022. Amino acids are also highly consumed in the country.

Leading Market Player

6.12 %

market share, DSM Nutritional Products AG, 2022

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DSM is leading in the market since it is focused on expanding its market penetration by partnering with regional players such as CPF and Nenter & Co.

  • In 2022, amino acids, binders, minerals, probiotics, and prebiotics were the major feed additive types used in livestock feed in the Asia-Pacific region. Together they accounted for 61.2% of the total feed additives market in terms of value.​
  • In Asia-Pacific, amino acids are the major additive type consumed. In 2022, amino acids were valued at USD 2,208.9 million, which is expected to reach USD 3,111.7 million in 2029. Among feed amino acids, lysine is one of the most vital amino acids required in animal nutrition. In 2022, it accounted for 33.1% of Asia-Pacific's feed amino acids market in terms of value.​​
  • In the feed additives market, poultry birds are the most consumed animal type in the region. In 2022, the poultry segment accounted for 46.4% of the Asia-Pacific feed additives market in terms of value, followed by swine (32.4%). The high share percentage was associated with an increase in the poultry headcount by 5.6% between 2017 and 2022.​
  • In Asia-Pacific, China held a major share value of 42.1% in 2022. The high share percentage of China was due to the increase in feed production in the country, from 202.5 million metric tons in 2017 to 243.2 million metric tons in 2022. The increase in feed production led to increased demand for feed additives.​
  • During the forecast period (2023-2029), poultry is expected to be the fastest-growing segment in the Asia-Pacific feed additives market, registering a CAGR of 5.5%. The growth is attributed to the increasing poultry population and feed production. Due to the importance of feed additives in animal nutrition, the market is anticipated to register an annual growth rate of 4.8% during the forecast period.
Asia-Pacific Feed Additives Market
  • The Asia-Pacific region is currently the largest feed additive market globally. It accounted for 31.3% by value of the global feed additives market in 2022. This market is dominated by China, India, and Japan, which together held about 57.1% of the market share value in the total feed additives market of the region in 2022.​
  • China, in particular, accounted for a market value of USD 4,356.3 million in 2022, which is expected to reach USD 6,086.6 million in 2029, with an annual growth rate of 4.9%. This high share can be attributed to the high livestock population in the country, with China accounting for 41.0% of the Asia-Pacific's poultry population in 2022. China was also the largest producer of feed in the region, having produced 243.2 million metric tons of compound feed in 2022, accounting for an increase of about 20.1% between 2017-2022.​
  • On the other hand, India dominated the feed additives market regarding the poultry segment, which represented 62.6% of the market share value among animal types in 2022. The market value for feed additives with respect to poultry increased by 46.1% between 2017 and 2022 due to an increased headcount of 7.1% over the same period.​
  • In Japan, the total feed production increased from 21.6 million metric tons in 2017 to 24.2 million metric tons in 2029, increasing in demand for feed additives in the country.​
  • During the forecast period, Indonesia and Thailand are expected to be the fastest-growing countries in the Asia-Pacific's feed additives market, with a projected CAGR of 5.6% due to increased feed production in these countries. However, the overall feed additives market is anticipated to grow at a CAGR of 4.8% during the forecast period in the region.

Asia-Pacific Feed Additives Industry Segmentation APAC Feed Additive Industry Segmentation

Acidifiers, Amino Acids, Antibiotics, Antioxidants, Binders, Enzymes, Flavors & Sweeteners, Minerals, Mycotoxin Detoxifiers, Phytogenics, Pigments, Prebiotics, Probiotics, Vitamins, Yeast are covered as segments by Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam are covered as segments by Country.

  • In 2022, amino acids, binders, minerals, probiotics, and prebiotics were the major feed additive types used in livestock feed in the Asia-Pacific region. Together they accounted for 61.2% of the total feed additives market in terms of value.​
  • In Asia-Pacific, amino acids are the major additive type consumed. In 2022, amino acids were valued at USD 2,208.9 million, which is expected to reach USD 3,111.7 million in 2029. Among feed amino acids, lysine is one of the most vital amino acids required in animal nutrition. In 2022, it accounted for 33.1% of Asia-Pacific's feed amino acids market in terms of value.​​
  • In the feed additives market, poultry birds are the most consumed animal type in the region. In 2022, the poultry segment accounted for 46.4% of the Asia-Pacific feed additives market in terms of value, followed by swine (32.4%). The high share percentage was associated with an increase in the poultry headcount by 5.6% between 2017 and 2022.​
  • In Asia-Pacific, China held a major share value of 42.1% in 2022. The high share percentage of China was due to the increase in feed production in the country, from 202.5 million metric tons in 2017 to 243.2 million metric tons in 2022. The increase in feed production led to increased demand for feed additives.​
  • During the forecast period (2023-2029), poultry is expected to be the fastest-growing segment in the Asia-Pacific feed additives market, registering a CAGR of 5.5%. The growth is attributed to the increasing poultry population and feed production. Due to the importance of feed additives in animal nutrition, the market is anticipated to register an annual growth rate of 4.8% during the forecast period.
Additive
Acidifiers
By Sub Additive
Fumaric Acid
Lactic Acid
Propionic Acid
Other Acidifiers
Amino Acids
By Sub Additive
Lysine
Methionine
Threonine
Tryptophan
Other Amino Acids
Antibiotics
By Sub Additive
Bacitracin
Penicillins
Tetracyclines
Tylosin
Other Antibiotics
Antioxidants
By Sub Additive
Butylated Hydroxyanisole (BHA)
Butylated Hydroxytoluene (BHT)
Citric Acid
Ethoxyquin
Propyl Gallate
Tocopherols
Other Antioxidants
Binders
By Sub Additive
Natural Binders
Synthetic Binders
Enzymes
By Sub Additive
Carbohydrases
Phytases
Other Enzymes
Flavors & Sweeteners
By Sub Additive
Flavors
Sweeteners
Minerals
By Sub Additive
Macrominerals
Microminerals
Mycotoxin Detoxifiers
By Sub Additive
Binders
Biotransformers
Phytogenics
By Sub Additive
Essential Oil
Herbs & Spices
Other Phytogenics
Pigments
By Sub Additive
Carotenoids
Curcumin & Spirulina
Prebiotics
By Sub Additive
Fructo Oligosaccharides
Galacto Oligosaccharides
Inulin
Lactulose
Mannan Oligosaccharides
Xylo Oligosaccharides
Other Prebiotics
Probiotics
By Sub Additive
Bifidobacteria
Enterococcus
Lactobacilli
Pediococcus
Streptococcus
Other Probiotics
Vitamins
By Sub Additive
Vitamin A
Vitamin B
Vitamin C
Vitamin E
Other Vitamins
Yeast
By Sub Additive
Live Yeast
Selenium Yeast
Spent Yeast
Torula Dried Yeast
Whey Yeast
Yeast Derivatives
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Beef Cattle
Dairy Cattle
Other Ruminants
Swine
Other Animals
Country
Australia
China
India
Indonesia
Japan
Philippines
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
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Asia-Pacific Feed Additives Market Size Summary

The Asia-Pacific feed additives market is a significant segment of the global agricultural industry, driven by the increasing demand for animal nutrition solutions. This market is characterized by a diverse range of additives, including amino acids, binders, minerals, probiotics, and prebiotics, which collectively dominate the market in terms of value. Amino acids, particularly lysine, are crucial for livestock nutrition, with poultry being the most significant consumer of feed additives in the region. The market is primarily fueled by the growing poultry population and feed production, with China, India, and Japan leading the charge. China, in particular, holds a substantial market share due to its vast livestock population and robust feed production capabilities. The region's dominance in the global feed additives market is further underscored by its substantial contribution to global poultry production, driven by rising consumer demand for poultry products and supportive government policies.

The Asia-Pacific region is also a major player in the aquaculture feed market, with countries like China and India focusing on expanding their aquaculture production through technological advancements and increased feed usage. The region's aquafeed production is expected to grow, supported by initiatives to enhance sustainable seafood production. The market is fragmented, with key players such as Adisseo, Cargill Inc., DSM Nutritional Products AG, Evonik Industries AG, and SHV (Nutreco NV) holding significant shares. Recent developments, including strategic acquisitions and partnerships, aim to enhance product offerings and expand market reach. The forecast period anticipates continued growth in the feed additives market, driven by increasing livestock and poultry populations, rising feed production, and the ongoing expansion of aquaculture activities across the region.

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Asia-Pacific Feed Additives Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Additive

      1. 1.1.1 Acidifiers

        1. 1.1.1.1 By Sub Additive

          1. 1.1.1.1.1 Fumaric Acid

          2. 1.1.1.1.2 Lactic Acid

          3. 1.1.1.1.3 Propionic Acid

          4. 1.1.1.1.4 Other Acidifiers

      2. 1.1.2 Amino Acids

        1. 1.1.2.1 By Sub Additive

          1. 1.1.2.1.1 Lysine

          2. 1.1.2.1.2 Methionine

          3. 1.1.2.1.3 Threonine

          4. 1.1.2.1.4 Tryptophan

          5. 1.1.2.1.5 Other Amino Acids

      3. 1.1.3 Antibiotics

        1. 1.1.3.1 By Sub Additive

          1. 1.1.3.1.1 Bacitracin

          2. 1.1.3.1.2 Penicillins

          3. 1.1.3.1.3 Tetracyclines

          4. 1.1.3.1.4 Tylosin

          5. 1.1.3.1.5 Other Antibiotics

      4. 1.1.4 Antioxidants

        1. 1.1.4.1 By Sub Additive

          1. 1.1.4.1.1 Butylated Hydroxyanisole (BHA)

          2. 1.1.4.1.2 Butylated Hydroxytoluene (BHT)

          3. 1.1.4.1.3 Citric Acid

          4. 1.1.4.1.4 Ethoxyquin

          5. 1.1.4.1.5 Propyl Gallate

          6. 1.1.4.1.6 Tocopherols

          7. 1.1.4.1.7 Other Antioxidants

      5. 1.1.5 Binders

        1. 1.1.5.1 By Sub Additive

          1. 1.1.5.1.1 Natural Binders

          2. 1.1.5.1.2 Synthetic Binders

      6. 1.1.6 Enzymes

        1. 1.1.6.1 By Sub Additive

          1. 1.1.6.1.1 Carbohydrases

          2. 1.1.6.1.2 Phytases

          3. 1.1.6.1.3 Other Enzymes

      7. 1.1.7 Flavors & Sweeteners

        1. 1.1.7.1 By Sub Additive

          1. 1.1.7.1.1 Flavors

          2. 1.1.7.1.2 Sweeteners

      8. 1.1.8 Minerals

        1. 1.1.8.1 By Sub Additive

          1. 1.1.8.1.1 Macrominerals

          2. 1.1.8.1.2 Microminerals

      9. 1.1.9 Mycotoxin Detoxifiers

        1. 1.1.9.1 By Sub Additive

          1. 1.1.9.1.1 Binders

          2. 1.1.9.1.2 Biotransformers

      10. 1.1.10 Phytogenics

        1. 1.1.10.1 By Sub Additive

          1. 1.1.10.1.1 Essential Oil

          2. 1.1.10.1.2 Herbs & Spices

          3. 1.1.10.1.3 Other Phytogenics

      11. 1.1.11 Pigments

        1. 1.1.11.1 By Sub Additive

          1. 1.1.11.1.1 Carotenoids

          2. 1.1.11.1.2 Curcumin & Spirulina

      12. 1.1.12 Prebiotics

        1. 1.1.12.1 By Sub Additive

          1. 1.1.12.1.1 Fructo Oligosaccharides

          2. 1.1.12.1.2 Galacto Oligosaccharides

          3. 1.1.12.1.3 Inulin

          4. 1.1.12.1.4 Lactulose

          5. 1.1.12.1.5 Mannan Oligosaccharides

          6. 1.1.12.1.6 Xylo Oligosaccharides

          7. 1.1.12.1.7 Other Prebiotics

      13. 1.1.13 Probiotics

        1. 1.1.13.1 By Sub Additive

          1. 1.1.13.1.1 Bifidobacteria

          2. 1.1.13.1.2 Enterococcus

          3. 1.1.13.1.3 Lactobacilli

          4. 1.1.13.1.4 Pediococcus

          5. 1.1.13.1.5 Streptococcus

          6. 1.1.13.1.6 Other Probiotics

      14. 1.1.14 Vitamins

        1. 1.1.14.1 By Sub Additive

          1. 1.1.14.1.1 Vitamin A

          2. 1.1.14.1.2 Vitamin B

          3. 1.1.14.1.3 Vitamin C

          4. 1.1.14.1.4 Vitamin E

          5. 1.1.14.1.5 Other Vitamins

      15. 1.1.15 Yeast

        1. 1.1.15.1 By Sub Additive

          1. 1.1.15.1.1 Live Yeast

          2. 1.1.15.1.2 Selenium Yeast

          3. 1.1.15.1.3 Spent Yeast

          4. 1.1.15.1.4 Torula Dried Yeast

          5. 1.1.15.1.5 Whey Yeast

          6. 1.1.15.1.6 Yeast Derivatives

    2. 1.2 Animal

      1. 1.2.1 Aquaculture

        1. 1.2.1.1 By Sub Animal

          1. 1.2.1.1.1 Fish

          2. 1.2.1.1.2 Shrimp

          3. 1.2.1.1.3 Other Aquaculture Species

      2. 1.2.2 Poultry

        1. 1.2.2.1 By Sub Animal

          1. 1.2.2.1.1 Broiler

          2. 1.2.2.1.2 Layer

          3. 1.2.2.1.3 Other Poultry Birds

      3. 1.2.3 Ruminants

        1. 1.2.3.1 By Sub Animal

          1. 1.2.3.1.1 Beef Cattle

          2. 1.2.3.1.2 Dairy Cattle

          3. 1.2.3.1.3 Other Ruminants

      4. 1.2.4 Swine

      5. 1.2.5 Other Animals

    3. 1.3 Country

      1. 1.3.1 Australia

      2. 1.3.2 China

      3. 1.3.3 India

      4. 1.3.4 Indonesia

      5. 1.3.5 Japan

      6. 1.3.6 Philippines

      7. 1.3.7 South Korea

      8. 1.3.8 Thailand

      9. 1.3.9 Vietnam

      10. 1.3.10 Rest of Asia-Pacific

Asia-Pacific Feed Additives Market Size FAQs

The Asia-Pacific Feed Additives Market size is expected to reach USD 11.34 billion in 2024 and grow at a CAGR of 4.86% to reach USD 14.38 billion by 2029.

In 2024, the Asia-Pacific Feed Additives Market size is expected to reach USD 11.34 billion.

APAC Feed Additive Market Report Snapshots

Asia Pacific Feed Additives Market Size & Share Analysis - Growth Trends & Forecasts Up To 2029