The Indian feed additives market reached a value of US$ 635 Million in 2020. Feed additives are dietary supplements used in animal nutrition for improving the quality and nutritional content of animal derived products such as milk, meat, eggs, etc. Feed additives primarily consist of amino acids, minerals, vitamins, and fatty acids that are essential for an animal’s well-being. They also enhance the digestibility and overall health of the animal by ensuring maximum absorption of nutrients.
India currently represents one of the countries with highest livestock population in the world. It is also one of the largest producers of milk, beef, broilers, eggs and fishes. This provides an immense potential for growth to the Indian feed additives market. A major factor driving the feed additives market is the country’s huge population. With a population of 1.3 Billion, India represents the world’s second largest populated country after China. By 2030, we expect India’s population to exceed 1.5 Billion. This is expected to create a strong demand for food, driving the consumption of animal derived products such as milk, meat, eggs, seafood, etc. Moreover, rising disposable incomes, changing lifestyles and increasing consciousness towards health and wellness has led to a change in Indian food habits from cereals to foods rich in proteins, vitamins and minerals. This is driving the consumption of milk, meat and eggs in the country. Some of the other key factors driving the market include rising focus on improving yields, increasing exports, rising emphasis on livestock disease prevention, increasing concerns on the quality of animal products, etc. Looking forward, the Indian feed additives market is expected to exhibit strong growth during the next five years.
IMARC Group’s latest report provides a deep insight into the Indian feed additives market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian feed additives market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India feed additives market, along with forecasts for growth at the regional and state level from 2021-2026. Our report has categorized the market based on region, source, product type, livestock, and form.
Breakup by Source:
Breakup by Product Type:
Flavors and Sweeteners
Herbs and Spices
Breakup by Livestock:
Breakup by Form:
Breakup by Region:
West and Central India
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Key questions answered in this report:
How has the Indian feed additives market performed so far and how will it perform in the coming years?
What are the key regional markets in the Indian feed additives industry?
What has been the impact of COVID-19 on the Indian feed additives market?
What is the breakup of the Indian feed additives market on the basis of source?
What is the breakup of the Indian feed additives market on the basis of product type?
What is the breakup of the Indian feed additives market on the basis of livestock?
What is the breakup of the Indian feed additives market on the basis of form?
What are the various stages in the value chain of the Indian feed additives industry?
What are the key driving factors and challenges in the Indian feed additives industry?
What is the structure of the Indian feed additives industry and who are the key players?
What is the degree of competition in the Indian feed additives industry?
What are the profit margins in the Indian feed additives industry?