Food and Agribusiness

Veterinary feed additives

Veterinary feed additives are directly added to the swine feeds, feeds for pigs, and other animals. These additives are available globally in different shapes like powder feed, pellet feed, liquid feed, and others. Worldwide veterinary feed additives market is valued at USD 17,200 million in 2020, and is anticipated to surpass a valuation of USD 21,350 million, at a CAGR of 3.1 per cent through 2026. Growing use in livestock and aquaculture feeds to ensure food safety, has massively driven the product adoption.

Based on type segmentation, the market is bifurcated into minerals, vitamins, amino acids, enzymes, and others. The application spectrum includes cattle feeds, sheep feeds, swine feeds, and other feeds. Major companies in veterinary feed additives are Evonik, DowDuPont, DSM, Adisseo, BASF, ADM, Nutreco, Charoen Pokphand Group, Cargill, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon and Bio Agri Mix

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