Animal Feed Additives Market Size and Industry Analysis to 2028 According to the latest research report by The Insight Partners “Animal Feed Additives market was valued at US$ 34,583.5 million in 2021 and is projected to reach US$ 49,874.8 million by 2028; it is expected to grow at a CAGR of 5.4% from 2021 to 2028. Strong Growth of Animal Feed Additives Market Industry in Developing Countries Drives Animal Feed Additives Market The feed mixtures that provide complete animal nutrition contain animal feed additives. Additionally, feed additives are dietary and medical supplements that are included in animal feed to prevent health problems. Health difficulties could include, among other things, dietary inadequacies, trouble with reproduction, or metabolic abnormalities. By reducing the possibility of infection, feed additives improve the overall quality of animal-derived products. The market for animal feed additives has benefited from the rising usage of livestock and related products as a result of the expanding population. Livestock producers now want more animal feed with a variety of additives tailored to the specific livestock type due to the growing livestock production. For instance, to encourage animal growth and produce a superior product, feed additives are utilised in chicken feed. Impact of COVID-19 Pandemic on Animal Feed Additives Market Feed manufacturers rely on additives to ensure maximum nutrition for animals for better immunity. Moreover, consumers worldwide have started focusing on healthy diets with large protein intake to strengthen immunity, which led to increased consumption of meat products and a surge in livestock production. The effect of COVID-19 is expected to be beneficial over the forecast period as the surge in livestock production is eventually expected to benefit the animal feed additives market. The market for Animal Feed Additives Market is concentrated with some very well-established players. Some of the key players in the Animal Feed Additives Market include • Cargill, Incorporated • ADM • Evonik Industries AG • Land O’Lakes, Inc. • Nutreco N.V • Alltech • DuPont de Nemours, Inc. • DSM • Novozymes • Kemin Industries Inc. ABOUT US: The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact US: If you have any queries about this report or would like further information, please contact us: North America: +1 646 491 9876 Asia-Pacific: +91 20 6727 8686 Email: sales@theinsightpartners.com For More Visit: https://www.theinsightpartners.com/reports/feed-additives-market