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Africa Feed Additives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Africa feed additives market is segmented by type into acidifiers, amino acids, antibiotics, antioxidants, binders, enzymes, minerals, prebiotics, probiotics, vitamins, and other, by animal type into, ruminant, swine, poultry, and other animals and by geography into South Africa and Rest of Africa.

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Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.1 %

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Market Overview

Africa feed additives market is estimated to register a CAGR of 4.1% during the forecast period (2020 - 2025). The increasing meat consumption in the region is the prime driver of the market along with increasing awareness among the farmers about the benefits of the feed additives. South Africa dominates the market in terms of the value because of the well-developed animal industry. The market is consolidated with few players holding major share in the market.

Scope of the report

Feed additives are the supplements added to the feed for preserving the feed for a long period and to make it healthy with additional nutrients. The report presents an in-depth analysis of the market size, driving forces, competitive landscape, and future opportunities. The market is segmented by product type, animal type, and geography.

Type
Acidifiers
Amino Acids
Antibiotics
Antioxidants
Binders
Enzymes
Minerals
Prebiotics
Probiotics
Vitamins
Others
Animal Type
Ruminant
Poultry
Swine
Others
Geography
South Africa
Egypt
Rest of Africa

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Key Market Trends

Increasing Live Stock Production Drives The Market

A large number of African countries are characterized by the constant growth of livestock and meat processing industries. Meat, eggs, and milk have been the main source of diet in many African Countries. Government support and the demand from meat processing industries are boosting animal production in the region. For instance, The number of cattle production was recorded as 346 million in 2017 increasing to 355 million in 2018. Feed additives are gaining popularity among the animal production industry to improve feed quality and animal health. Therefore the growing animal production industry is acting as a primary driver of the market.

Africa Feed Additives Market: Cattle Production in Africa, Million Heads, 2016 - 2018

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South Africa Dominates the Market

South Africa has a well-developed livestock industry among all the African countries. Hence, it accounts for the major share of the market. It has a market-oriented animal farming industry that includes cattle, dairy, pigs, sheep, goats, and rabbits. It also has a very well developed poultry and dairy industry. The country has 355 million cattle, 40 million, and 1882 million pigs and chickens, respectively in 2018. The continuous production of animals and increasing meat consumption stand as a backbone for the South African feed additives industry.

Africa Feed Additives Market: Market Share (%), By Countries, Africa, 2019

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Competitive Landscape

Africa feed additive market is consolidated with a few players holding the major share of the market. Nutreco NV, Novus International, Kemin Industries, and Cargill, are some of the leading players in the region. New product launches, mergers & acquisitions, and partnerships are the major strategies adopted by these leading companies in the market.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Acidifiers

      2. 5.1.2 Amino Acids

      3. 5.1.3 Antibiotics

      4. 5.1.4 Antioxidants

      5. 5.1.5 Binders

      6. 5.1.6 Enzymes

      7. 5.1.7 Minerals

      8. 5.1.8 Prebiotics

      9. 5.1.9 Probiotics

      10. 5.1.10 Vitamins

      11. 5.1.11 Others

    2. 5.2 Animal Type

      1. 5.2.1 Ruminant

      2. 5.2.2 Poultry

      3. 5.2.3 Swine

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 South Africa

      2. 5.3.2 Egypt

      3. 5.3.3 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Nutreco NV

      2. 6.3.2 Novus International

      3. 6.3.3 Kemin Industries, Inc.

      4. 6.3.4 Cargill, Incorporated.

      5. 6.3.5 Allied Nutrition

      6. 6.3.6 Alltech, Inc.

      7. 6.3.7 BASF SE

      8. 6.3.8 Elanco

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19

**Subject to Availability

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Frequently Asked Questions

The Africa Feed Additives Market market is studied from 2016 - 2026.

The Africa Feed Additives Market is growing at a CAGR of 4.1% over the next 5 years.

Nutreco NV, Novus International, Kemin Industries, Inc., Cargill, Incorporated. , Allied Nutrition are the major companies operating in Africa Feed Additives Market.

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