MEA Feed Additives Market

Middle East and Africa Feed Additives Market Size (2024 to 2029)

The Middle East and Africa feed additives market is expected to reach USD 2.43 billion in 2024 and is anticipated to reach USD 3.10 billion by 2029, with a compound annual growth rate (CAGR) of 4.10% during the forecast period from 2024 to 2029.

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.

Lack of reproduction and severe climate change are some of the growth-affecting factors of the Middle East and Africa feed additives business. Availability of alternative products is also among the major challenging factors that are inhibiting the expansion of the Middle East and Africa feed additives industry.

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

Middle East and Africa Feed Additives Market Analysis By Livestock

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

Middle East and Africa Feed Additives Market Analysis By Type

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

Among these, the vitamins and minerals segment holds the major share of the market in terms of volume, as they are essential for sustaining and improving the health of livestock.

Middle East and Africa Feed Additives Market Analysis By Form

• Dry
• Liquid

Middle East and Africa Feed Additives Market Analysis By Source

• Natural
• Synthetic

COUNTRY ANALYSIS

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

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 PLAYERS IN THE MIDDLE EAST AND AFRICA FEED ADDITIVES MARKET

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.