Middle East and Africa Animal Feed Additives Market

Middle East and Africa animal feed additives market in Middle East and Africa is expected to grow from US$ 2,040.33 million in 2021 to US$ 3,002.47 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.

 

The Livestock producers are highly demanding organic feed, as a result of regulations concerning organic products sourced from animals such as organic dairy and meat products. The regulations mandate the animals be fed with organic feed to obtain organic labelling, which has significantly driven the demand for organic additives. Moreover, feed additives such as fishmeal are on the rise owing to its high nutritional contents. Fishmeal is naturally sourced from the farmed fish in the sea. Therefore, the demand for natural and organic additives is increasing as it does not result in harmful side effects for the animals and the subsequent meat products derived from them. The demand for natural and organic additives is expected to provide increased opportunities for market players in animal feed additives market over the forecast period.

Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region and is followed by South Africa and the UAE among others. UAE was the first country in the Middle East and Africa to report a confirmed case of COVID-19. Middle East and Africa region has been one of the worst hit regions in the world. Manufacturing activities came to a standstill as the expatriates in the region started returning back to their homes. The aforementioned factor led to crisis in countries that depend on laborers from outside the country. The region is undergoing a slow recovery phase as the vaccination approvals and opening of international borders is still ongoing. Despite the hurdles in manufacturing activities, the demand for animal feed is constant and therefore the consumption of feed additives is expected to grow over the forecast period in the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East and Africa animal feed additives market. The Middle East and Africa animal feed additives market is expected to grow at a good CAGR during the forecast period.

Middle East and Africa Animal Feed Additives Revenue and Forecast to 2028(US$ Million)

Middle East and Africa Animal Feed Additives Strategic Insights

Strategic insights for the Middle East and Africa Animal Feed Additives provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Animal Feed Additives Report Scope

Middle East and Africa Animal Feed Additives Regional Insights

The geographic scope of the Middle East and Africa Animal Feed Additives refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Middle East and Africa Animal Feed Additives Segmentation    

By Product Type

• Vitamins
• Amino Acids
• Carotenoids,
• Enzymes
• Prebiotics & Probiotics
• Minerals
• Acidifiers
• Lipids
• Others

By Livestock

• Poultry
• Ruminants
• Swine
• Aquaculture
• Others

By Country

• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa

Companies Mentioned -

•  Cargill Incorporated
• Archer-Daniels-Midland Company
• Evonik Industries AG
• Nutreco N.V
• Alltech
• DuPont de Nemours, Inc.
• DSM
• Novozymes
• Kemin Industries Inc.