North America Feed Anti-Caking Agents Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Feed Anti-Caking Agents Market Analysis
North America Feed anti-caking agents Market is projected to register a CAGR of 4.3% during the forecast period (2020-2025). North America is the biggest and vital market for the production and consumption of anti-caking agents. The United States is recorded as the largest producer and consumer of the market, due to the high demand for feed in the region. The country is also one of the major exporters of feed anticaking agent to the other countries in the region. Feed anti-caking agents along with other feed additives have seen a spur in demand, due to the requirement of high-quality feed for the livestock. This resulted in establishing a huge number of firms and has ended up dominating the market. The regulatory framework is uncertain and is, therefore, dampening the growth of the market. The export to other countries with free trade laws in place is an opportunity for the market. The major drivers for this market include the rapid growth of the livestock sector, expansion of the animal feed market, rising demand for the use of high-quality feed, and an increase in the number of feed additives.
North America Feed Anti-Caking Agents Market Trends
This section covers the major market trends shaping the North America Feed Anti-Caking Agents Market according to our research experts:
Increasing Demand from Livestock Industry
The rapid growth of the livestock sector is promoting the use of Feed anti-caking agents in the North America region. According to the Food and Agriculture Organization Corporate Statistical Database, the livestock population has increased from 11.03 billion in 2016 to 11.38 billion in 2018. This growth is responsible for the huge population increasingly shifting their diets to livestock products. With this increasing demand for animal protein, the consumption of meat products is growing rapidly in this region. As the livestock industry is growing at a high rate, the rapid expansion of the animal feed industry is observed which is accelerating the demand for feed anti-caking agents. Hence, with these rising demands, the feed anti-caking agent's market is anticipated to grow at a positive growth rate during the forecast period.
Increasing Consumption in United States
The United States is recorded as the largest producer and consumer of this market, due to the high demand for feed in the country. According to Alltech Feed survey data, the feed production in North America for the year 2019, is 282 million metric tons, of which major contribution is from the United States, contributing 214 million metric tons. Of this, cattle and poultry feed segments occupied major portions, accounting for 82.193 million metric tons and 62.597 million metric tons. In poultry and cattle feed, an anti-caking agent is mostly used to stop caking and agglomeration, and increase the flow of feed ingredients. And so, there is an increasing demand for this market in the United States. Due to the rising demands for the requirement of high-quality livestock feed, the Feed anti-caking agent's market has seen a spurt in demand in recent years and is anticipated to grow further during the forecast period.
North America Feed Anti-Caking Agents Industry Overview
The feed anti-caking agent market is highly fragmented, with the presence of various small and medium-sized companies and a few major players. Thus, there is high competition in the market studied. Furthermore, in the market studied, companies are not only competing on the basis of the quality of products and promotion but also are focusing on strategic moves, in order to account for the largest market share. New product launches, partnerships, and acquisitions are the major strategies adopted by the leading companies in the feed anti-caking agents' market.
North America Feed Anti-Caking Agents Market Leaders
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PPG Silica Products
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Solvay SA
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ZEOCEM
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Evonik Industries
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Kemin Industries Inc
*Disclaimer: Major Players sorted in no particular order
North America Feed Anti-Caking Agents Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porters Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Silicon based
- 5.1.2 Sodium based
- 5.1.3 Calcium based
- 5.1.4 Potassium based
- 5.1.5 Other Chemical Types
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5.2 Animal Type
- 5.2.1 Ruminant
- 5.2.2 Poultry
- 5.2.3 Swine
- 5.2.4 Aquaculture
- 5.2.5 Other Animal Types
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5.3 Geography
- 5.3.1 United States
- 5.3.2 Canada
- 5.3.3 Mexico
- 5.3.4 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Market Share Analysis
- 6.2 Most Adopted Strategy
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6.3 Company Profiles
- 6.3.1 Huber Engineered Materials
- 6.3.2 PPG Silica Products
- 6.3.3 BASF SE
- 6.3.4 Bentonite Performance Minerals LLC
- 6.3.5 Zeocem AS
- 6.3.6 Evonik Industries
- 6.3.7 Solvay SA
- 6.3.8 Kemin Industries Inc
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
** Subject To AvailablityNorth America Feed Anti-Caking Agents Industry Segmentation
An anti-caking agent is an additive that is used in the feed industry to avoid the formation of lumps. They are used to prevent the naturally occurring fungal metabolites and improve feed quality. They provide a better solution for moisture adsorption, nitrogen loss, and caking in granulated which is caused by mold growth. Furthermore, the feed anti-caking agents are utilized to provide better and optimum packaging systems which make transportation simpler.
| By Type | Silicon based |
| Sodium based | |
| Calcium based | |
| Potassium based | |
| Other Chemical Types | |
| Animal Type | Ruminant |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types | |
| Geography | United States |
| Canada | |
| Mexico | |
| Rest of North America |
North America Feed Anti-Caking Agents Market Research FAQs
What is the current North America Feed Anti-Caking Agents Market size?
The North America Feed Anti-Caking Agents Market is projected to register a CAGR of 4.30% during the forecast period (2024-2029)
Who are the key players in North America Feed Anti-Caking Agents Market?
PPG Silica Products, Solvay SA, ZEOCEM, Evonik Industries and Kemin Industries Inc are the major companies operating in the North America Feed Anti-Caking Agents Market.
What years does this North America Feed Anti-Caking Agents Market cover?
The report covers the North America Feed Anti-Caking Agents Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Feed Anti-Caking Agents Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Feed Anti-Caking Agents Industry Report
Statistics for the 2024 North America Feed Anti-Caking Agents market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Feed Anti-Caking Agents analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
