Market Size of Egypt Feed Additives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 321.86 Million |
| Market Size (2029) | USD 383.29 Million |
| CAGR (2024 - 2029) | 3.56 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Feed Additives Market Analysis
The Egypt Feed Additives Market size is estimated at USD 321.86 million in 2024, and is expected to reach USD 383.29 million by 2029, growing at a CAGR of 3.56% during the forecast period (2024-2029).
The growing demand from the animal production industry and the rise in the consumption demand for meat are the prime drivers of the market. In recent years modern animal farms have developed extensively in numbers. The greater part of the domestic meat consumed is also locally produced, making Egypt an attractive market for supplies and imports of feed additives.
Egypt Feed Additives Industry Segmentation
Feed additives are used in animal nutrition to achieve an effect on the feed itself, improve the performance and health of animals, and enhance the nutritional value of animal products.
The Egypt feed additives market is segmented by additive type (antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders, and minerals) and animal type (ruminants, swine, poultry, and other animal types). The report offers market estimation and forecasts in value (USD million) for all the above segments.
| Additive Type | |
| Antibiotics | |
| Vitamins | |
| Antioxidants | |
| Aminoacids | |
| Enzymes | |
| Prebiotics | |
| Probiotics | |
| Others |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Others |
Egypt Feed Additives Market Size Summary
The Egypt feed additives market is experiencing growth driven by the increasing demand from the animal production industry and the rising consumption of meat. The expansion of modern animal farms and the predominance of locally produced meat contribute to Egypt's attractiveness as a market for feed additives. The government's efforts to boost domestic cattle production through policies that encourage herd size growth and control input costs further support the market's expansion. The health of livestock is paramount, necessitating the use of supplementary feed additives like vitamins, antibiotics, and enzymes to ensure animal well-being and mitigate diseases that could impact the beef industry, such as lumpy skin disease.
The market is characterized by a high concentration, with a few leading companies holding a significant share. These top players are actively pursuing business expansion strategies, including strategic acquisitions and product launches, to enhance their market presence and sales. Companies such as Cargill, Incorporated, Nutreco NV, BASF SE, DSM N.V, and Evonik Industries AG are at the forefront, focusing on building their brand image and increasing their market share through effective business strategies.
Egypt Feed Additives Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Additive Type
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2.1.1 Antibiotics
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2.1.2 Vitamins
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2.1.3 Antioxidants
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2.1.4 Aminoacids
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2.1.5 Enzymes
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2.1.6 Prebiotics
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2.1.7 Probiotics
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2.1.8 Others
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2.2 Animal Type
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2.2.1 Ruminants
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2.2.2 Poultry
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2.2.3 Others
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Egypt Feed Additives Market Size FAQs
How big is the Egypt Feed Additives Market?
The Egypt Feed Additives Market size is expected to reach USD 321.86 million in 2024 and grow at a CAGR of 3.56% to reach USD 383.29 million by 2029.
What is the current Egypt Feed Additives Market size?
In 2024, the Egypt Feed Additives Market size is expected to reach USD 321.86 million.
