Market Size of Feed Anti-Caking Agents Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 716.32 Billion |
Market Size (2029) | USD 896.95 Billion |
CAGR (2024 - 2029) | 4.60 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Feed Anti-Caking Agents Market Analysis
The Feed Anti-Caking Agents Market size is estimated at USD 716.32 billion in 2024, and is expected to reach USD 896.95 billion by 2029, growing at a CAGR of 4.60% during the forecast period (2024-2029).
The expansion of the animal feed market is driving the growth of the market studied. Moreover, the rising need for a high-quality feed and an increase in the number of feed additives, especially in the compound feed industry, are the major growth drivers of the market studied.