Middle East And Africa Feed Additives Market

Middle East and Africa Feed Additives Market Size

The feed additives market size in the Middle East and Africa was valued at USD 2.33 billion in 2023. The Middle East and African feed additives market is expected to reach USD 2.43 billion in 2024 and USD 3.35 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2032.

MARKET DRIVERS

One of the major driving factors that help the growth of the Middle East and Africa feed additives market is the increasing awareness regarding quality feed. Degradation in animals’ physiological condition and construction of livestock farms are some other driving factors in the Middle East and Africa feed additives market.

MARKET RESTRAINTS

Lack of reproduction and severe climate change are some of the growth-affecting factors of the Middle East, and African feed additives business. The availability of alternative products is also among the major challenging factors that inhibit the expansion of the Middle East and Africa feed additives market.

Based on type, the vitamins and minerals segment currently holds the major share of the regional market in terms of volume, as they are essential for sustaining and improving the health of livestock.

REGIONAL ANALYSIS

The Middle East and Africa region has the largest share of the feed additives market owing to increasing awareness regarding quality feed in some of the emerging economies in the area, like the UAE, Saudi Arabia, Qatar, Egypt, South Africa, and other African nations.

KEY MARKET PLAYERS

Some of the key players in the Middle East and Africa Feed Additives market are Adisseo Asia-Pacific Pte Ltd, Cargill Asia-Pacific Holdings Pte Limited, DuPont Asia-Pacific, Ltd., Novozymes (China) Investment Co., Ltd., Evonik (SEA) Pte. Ltd., BASF Asia-Pacific, DSM Dyneema, Lonza Biologics Tuas Pte Ltd, ADM (Shanghai) Management Company, Chr. Hansen (Beijing) Trading Co., Ltd.

MARKET SEGMENTATION

This market research report on the Middle East and Africa feed additives market is segmented and sub-segmented into the following categories.

By Livestock

• Ruminants
  • Dairy
  • Beef
  • Calf
  • Goats
  • Sheep
• Poultry
  • Broilers
  • Layers and breeders
• Swine
• Aquatic animal
• Others, such as equine and pets

By Type

• Vitamins and minerals
• Acidifiers
• Amino acids
• Phosphates
• Carotenoids
• Enzymes
• Mycotoxin detoxifiers
• Flavors & sweeteners
• Antioxidants
• Others

By Form

• Dry
• Liquid

By Source

• Natural
• Synthetic

By Country

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• rest of MEA