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Animal Nutrition Chemical Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5989006

Animal Nutrition Chemical Trends and Forecast

The future of the global animal nutrition chemical market looks promising with opportunities in the animal food manufacturer, farm, household, and veterinarian markets. The global animal nutrition chemical market is expected to reach an estimated $14.7 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are growing demand for high-quality animal protein products, rising usage of goods derived from animals, and increasing focus on sustainable agriculture and animal welfare.

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Animal Nutrition Chemical by Segment

The study includes a forecast for the global animal nutrition chemical by product type, species, application, and region.

Animal Nutrition Chemical Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Amino Acids
  • Vitamins & Minerals
  • Enzyme
  • Fish Oil & Lipid
  • Carotenoid
  • Eubiotics
  • Others

Animal Nutrition Chemical Market by Species [Shipment Analysis by Value from 2018 to 2030]:

  • Poultry
  • Swine
  • Ruminants
  • Pets
  • Others

Animal Nutrition Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Animal Food Manufacturers
  • Farms
  • Households
  • Veterinarian
  • Others

Animal Nutrition Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Animal Nutrition Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies animal nutrition chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the animal nutrition chemical companies profiled in this report include:
  • Tata Chemicals
  • Evonik Industries
  • Cargill
  • Church & Dwight
  • BASF
  • Novozymes
  • Kemin Industries

Animal Nutrition Chemical

The publisher forecasts that amino acid is expected to witness the highest growth over the forecast period.

Within this market, animal food manufacturer is expected to witness the highest growth.

North America is expected to witness the highest growth over the forecast period.

Features of the Global Animal Nutrition Chemical Market

  • Market Size Estimates: Animal nutrition chemical market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Animal nutrition chemical market size by product type, species, application, and region in terms of value ($B).
  • Regional Analysis: Animal nutrition chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product types, species, applications, and regions for the animal nutrition chemical market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the animal nutrition chemical market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the animal nutrition chemical market size?
Answer: The global animal nutrition chemical market is expected to reach an estimated $14.7 billion by 2030.

Q2. What is the growth forecast for animal nutrition chemical market?
Answer: The global animal nutrition chemical market is expected to grow with a CAGR of 6.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the animal nutrition chemical market?
Answer: The major drivers for this market are growing demand for high-quality animal protein products, rising usage of goods derived from animals, and increasing focus on sustainable agriculture and animal welfare.

Q4. What are the major segments for animal nutrition chemical market?
Answer: The future of the animal nutrition chemical market looks promising with opportunities in the animal food manufacturer, farm, household, and veterinarian markets.

Q5. Who are the key animal nutrition chemical market companies?
Answer: Some of the key animal nutrition chemical companies are as follows:
  • Tata Chemicals
  • Evonik Industries
  • Cargill
  • Church & Dwight
  • BASF
  • Novozymes
  • Kemin Industries
Q6. Which animal nutrition chemical market segment will be the largest in future?
Answer: The publisher forecasts that amino acid is expected to witness the highest growth over the forecast period.

Q7. In animal nutrition chemical market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the animal nutrition chemical market by product type (amino acids, vitamins & minerals, enzyme, fish oil & lipid, carotenoid, Eubiotics, and others), species (poultry, swine, ruminants, pets, and others), application (animal food manufacturers, farms, households, veterinarian, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Animal Nutrition Chemical Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Animal Nutrition Chemical Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Animal Nutrition Chemical Market by Product Type
3.3.1: Amino Acids
3.3.2: Vitamins & Minerals
3.3.3: Enzyme
3.3.4: Fish Oil & Lipid
3.3.5: Carotenoid
3.3.6: Eubiotics
3.3.7: Others
3.4: Global Animal Nutrition Chemical Market by Species
3.4.1: Poultry
3.4.2: Swine
3.4.3: Ruminants
3.4.4: Pets
3.4.5: Others
3.5: Global Animal Nutrition Chemical Market by Application
3.5.1: Animal Food Manufacturers
3.5.2: Farms
3.5.3: Households
3.5.4: Veterinarian
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Animal Nutrition Chemical Market by Region
4.2: North American Animal Nutrition Chemical Market
4.2.1: North American Animal Nutrition Chemical Market by Product Type: Amino Acids, Vitamins & Minerals, Enzyme, Fish Oil & Lipid, Carotenoid, Eubiotics, and Others
4.2.2: North American Animal Nutrition Chemical Market by Application: Animal Food Manufacturers, Farms, Households, Veterinarian, and Others
4.3: European Animal Nutrition Chemical Market
4.3.1: European Animal Nutrition Chemical Market by Product Type: Amino Acids, Vitamins & Minerals, Enzyme, Fish Oil & Lipid, Carotenoid, Eubiotics, and Others
4.3.2: European Animal Nutrition Chemical Market by Application: Animal Food Manufacturers, Farms, Households, Veterinarian, and Others
4.4: APAC Animal Nutrition Chemical Market
4.4.1: APAC Animal Nutrition Chemical Market by Product Type: Amino Acids, Vitamins & Minerals, Enzyme, Fish Oil & Lipid, Carotenoid, Eubiotics, and Others
4.4.2: APAC Animal Nutrition Chemical Market by Application: Animal Food Manufacturers, Farms, Households, Veterinarian, and Others
4.5: ROW Animal Nutrition Chemical Market
4.5.1: ROW Animal Nutrition Chemical Market by Product Type: Amino Acids, Vitamins & Minerals, Enzyme, Fish Oil & Lipid, Carotenoid, Eubiotics, and Others
4.5.2: ROW Animal Nutrition Chemical Market by Application: Animal Food Manufacturers, Farms, Households, Veterinarian, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Animal Nutrition Chemical Market by Product Type
6.1.2: Growth Opportunities for the Global Animal Nutrition Chemical Market by Species
6.1.3: Growth Opportunities for the Global Animal Nutrition Chemical Market by Application
6.1.4: Growth Opportunities for the Global Animal Nutrition Chemical Market by Region
6.2: Emerging Trends in the Global Animal Nutrition Chemical Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Animal Nutrition Chemical Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Animal Nutrition Chemical Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Tata Chemicals
7.2: Evonik Industries
7.3: Cargill
7.4: Church & Dwight
7.5: BASF
7.6: Novozymes
7.7: Kemin Industries

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Tata Chemicals
  • Evonik Industries
  • Cargill
  • Church & Dwight
  • BASF
  • Novozymes
  • Kemin Industries

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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