North America Plant-Derived Feed Additive Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.45 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The North America Plant-Derived Feed Additive Market has experienced remarkable growth over the past decade, driven by the rising demand for sustainable and natural alternatives in animal nutrition. As industries shift towards more eco-friendly and health-conscious approaches, plant-based feed additives are becoming a vital component in enhancing the productivity, health, and growth of livestock. The growing concerns over the environmental impact of synthetic additives have accelerated the adoption of plant-derived solutions across various sectors, including animal farming and aquaculture.
Key industries such as poultry, livestock, and aquaculture are now prioritizing plant-derived feed additives for their numerous benefits. These additives are derived from various plant sources, such as herbs, spices, and algae, and offer a range of functionalities. They not only improve the nutritional content of animal feed but also contribute to improving digestion, immunity, and disease resistance in animals. This growing demand is a direct result of a broader consumer shift towards plant-based and natural ingredients across all sectors of food production, with a focus on both animal health and environmental sustainability.
One of the driving forces behind this shift is the increasing regulatory pressure for cleaner, more sustainable agricultural practices. Governments and regulatory bodies are promoting the use of natural additives in animal feed as part of broader initiatives to reduce the environmental impact of industrial farming. Additionally, plant-derived feed additives are often seen as a safer alternative to chemical-based products, as they typically have fewer side effects on both the animals and the environment.
With the increasing awareness of these benefits, the North America Plant-Derived Feed Additive Market is expected to continue its upward trajectory, driven by both consumer demand and industry requirements for sustainability, innovation, and natural products. The market is likely to see further advancements in plant-based feed formulations, which will cater to the specific needs of different animal species and contribute to improved animal health, productivity, and overall welfare.
The continuous development of new plant-derived ingredients and technologies will pave the way for more specialized and effective feed additives in the North America Plant-Derived Feed Additive Market.
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CJ Group
DSM
Kemin Industries
Sumitomo Chemical
ADM
Alltech
Biomin
Lonza
Lesaffre
Nutreco
Novozymes
CSP Inc
Carhill
Delacon
DuPont
Adisseo
Pancosma
Nutrex
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Plant-Derived Feed Additive Market
Cattle Feeds
Sheep Feeds
Pig Feeds
Poultry Feeds
Others
Based on Types the Market is categorized into Below types that held the largest Plant-Derived Feed Additive market share In 2023.
Contains Herbs
Herb-Free
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Plant-Derived Feed Additive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Plant-Derived Feed Additive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Plant-Derived Feed Additive Market, By Type
6. North America Plant-Derived Feed Additive Market, By Application
7. North America Plant-Derived Feed Additive Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Plant-Derived Feed Additive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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