UK Feed Additives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 0.84 Billion |
| Market Size (2029) | USD 1.08 Billion |
| CAGR (2024 - 2029) | 5.16 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UK Feed Additives Market Analysis
The United Kingdom Feed Additives Market size is estimated at USD 0.84 billion in 2024, and is expected to reach USD 1.08 billion by 2029, growing at a CAGR of 5.16% during the forecast period (2024-2029).
When compared to the world's average meat consumption rate, the meat consumption rate in the United Kingdom is high. However, this trend is declining due to the changing consumer preference toward vegan food in the country. White meat and chicken are the most commonly consumed meat in the country. The growing trend of feed additives is observed among all the segments of the livestock, with poultry being ahead of ruminants and swine. Factors, such as increased trade activity among the EU nations, demand for quality animal products, and rise in the cost of natural and organic feeds, along with production techniques are impacting the market.
UK Feed Additives Market Trends
Increased Industrial Livestock Production
The growing demand for livestock products is driving significant changes on the supply side that are aimed at improving livestock product yields. New capital-intensive technologies have made the production of poultry and pig meat in industrial style production facilities possible across the country where land is limited. Industrial-scale livestock production makes optimum use of high-quality feed to improve efficiencies in the production process, improve feed conversion ratios, and enhance animal muscle mass and protein content. With the adoption of industrial-scale livestock production by a larger number of farmers, the production of feed additives needs to improve, in order to cater to this large production base of high-quality compound feed. However, enabling policies by various governments is expected to go a long way in maintaining or enhancing the supply, in order to meet the demand. This is expected to boost the global feed additives market during the forecast period.
Increasing Demand For High Value Animal Protein
There is increasing pressure on the livestock industry, to meet the growing demand for meat and high-value animal protein. Population growth, rising incomes in developing nations, and urbanization have led to a surge in global livestock production. The level of income and consumption of animal protein is directly related to the consumption of milk, meat, and eggs, which are increasing at the expense of staple foods. Due to the decline in prices of meat and meat products, developing countries are beginning to consume a large quantity of meat, at a much lower level of the gross domestic product than industrialized countries did two-three decades back. Urbanization has led to increased demand for meat and milk products in cities compared to the rural areas. Cities have varied diets, rich in animal protein and fat. Demand for the high-quality compound feed from the livestock industry, due to increased industrial production of meat and dairy products has elicited the growth in consumption of compound feed and feed additives. The raw materials used for compound feed production, such as maize, barley, soybean, are used for human consumption and production of ethanol. In this scenario, the feed industry competes with the food industry for raw materials.
UK Feed Additives Industry Overview
The feed additives market in the United Kingdom is largely consolidated, with various international companies occupying major chunks of the market for various feed additive types. Local companies account for minor shares in the market and only one or two companies have a higher share in the UK market for a particular additive type. International companies, like Cargill, Adisseo, and Prinova, occupy major shares in the market for amino acids, probiotics, vitamins, antioxidants, and mycotoxin detoxifiers.
UK Feed Additives Market Leaders
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Alltech
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Cargill Inc.
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BASF SE
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Dupont Danisco
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Nutreco
*Disclaimer: Major Players sorted in no particular order
UK Feed Additives Market News
July 2022: Cargill has extended its partnership with Innovafeed to provide aquafarmers with innovative and nutritious ingredients, including additives.
December 2021: Nutreco acquired Nutrimin, a Danish producer of farm minerals. This acquisition will increase the company's value by complementing Nutrimin's trusted quality, service, and personal attention with Nutreco's creative, ecologically sensitive, and cost-effective species solutions.
UK Feed Additives 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 Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Additive Type
- 5.1.1 Antibiotics
- 5.1.2 Vitamins
- 5.1.3 Antioxidants
- 5.1.4 Amino Acids
- 5.1.5 Enzymes
- 5.1.6 Prebiotics
- 5.1.7 Probiotics
- 5.1.8 Binders
- 5.1.9 Others
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5.2 Animal Type
- 5.2.1 Ruminants
- 5.2.2 Swine
- 5.2.3 Poultry
- 5.2.4 Other Animal Types
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Competitor Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Pfizer Animal Health
- 6.3.2 Nutriad International
- 6.3.3 BASF SE
- 6.3.4 Novozymes A/S.
- 6.3.5 Archer Daniels Midland Co.
- 6.3.6 Cargill Inc.
- 6.3.7 DSM Nutritional Products Inc.
- 6.3.8 BioMin
- 6.3.9 Evonik Industries AG
- 6.3.10 InVivo NSA S.A.
- 6.3.11 Barentz Group
- 6.3.12 Novus International Inc.
- 6.3.13 Nutreco N.V.
- 6.3.14 Azelis Animal Nutrition
- 6.3.15 Borregaard LingoTech
- 6.3.16 Dupont Danisco
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityUK Feed Additives Industry Segmentation
The United Kingdom Feed Additives Market is segmented By Additive Type (Antibiotics, Vitamins, Antioxidants, Aminoacids, Enzymes, Prebiotics, Probiotics, Binders, and Others) and By Animal Type (Ruminants, Swine, Poultry, and Other Animal Types). The report offers market sizing and forecasts in volume (Metric Tons) and value (USD) for all the above segments.
| Additive Type | Antibiotics |
| Vitamins | |
| Antioxidants | |
| Amino Acids | |
| Enzymes | |
| Prebiotics | |
| Probiotics | |
| Binders | |
| Others | |
| Animal Type | Ruminants |
| Swine | |
| Poultry | |
| Other Animal Types |
UK Feed Additives Market Research FAQs
How big is the United Kingdom Feed Additives Market?
The United Kingdom Feed Additives Market size is expected to reach USD 0.84 billion in 2024 and grow at a CAGR of 5.16% to reach USD 1.08 billion by 2029.
What is the current United Kingdom Feed Additives Market size?
In 2024, the United Kingdom Feed Additives Market size is expected to reach USD 0.84 billion.
Who are the key players in United Kingdom Feed Additives Market?
Alltech, Cargill Inc., BASF SE, Dupont Danisco and Nutreco are the major companies operating in the United Kingdom Feed Additives Market.
What years does this United Kingdom Feed Additives Market cover, and what was the market size in 2023?
In 2023, the United Kingdom Feed Additives Market size was estimated at USD 0.80 billion. The report covers the United Kingdom Feed Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Feed Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Feed Additives Industry Report
Statistics for the 2024 UK Feed Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Feed Additives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
