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Report
Canada Feed Additives Market Report and Forecast 2024-2032
Market Report I 2024-03-25 I 182 Pages I EMR Inc.
Canada Feed Additives Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Canada feed additives market reached a value of USD 104 Million in 2023. Aided by the demand for high-quality animal feed and the adoption of innovative feeding solutions, the market is projected to further grow at a CAGR of 3.5% between 2024 and 2032 to reach a value of USD 148 Million by 2032.
Feed additives are essential components in animal nutrition, enhancing feed quality and animal health, thereby improving the efficiency of food production. These additives include vitamins, amino acids, enzymes, antioxidants, and antibiotics, each serving specific nutritional or functional needs. In Canada, the increasing awareness among farmers and producers about the benefits of feed additives in promoting animal growth, disease resistance, and feed efficiency is propelling the feed additives market in Canada.
The growth of the market is closely tied to the country's robust livestock industry, which includes poultry, swine, cattle, and aquaculture. The rising demand for meat, dairy products, and eggs is pushing for advancements in feed additive solutions that can optimise animal health and productivity. Moreover, the shift towards sustainable and ethical farming practices is influencing the market, as there is a growing preference for natural and organic feed additives over synthetic alternatives.
Technological advancements are further influencing the Canada feed additives market outlook. Innovations in biotechnology and nanotechnology are leading to the development of more efficient and targeted feed additive solutions. These advancements are not only enhancing the effectiveness of feed additives but also reducing environmental impact, aligning with global trends towards sustainability in agriculture and food production.
Regulatory frameworks in Canada are also significant in propelling the Canada feed additives market growth. Stringent regulations ensure the safety and efficacy of feed additives, protecting animal health and consumer interests. The approval process for new feed additives is comprehensive, considering their impact on animal welfare, food safety, and the environment. This regulatory environment, while challenging for market entrants, upholds high standards in the industry, fostering trust and reliability in Canadian feed additives.
Market Segmentation
The market can be divided based on type, form, livestock, source, and region.
Market Breakup by Type
- Amino Acids
- Probiotics
- Vitamins
- Acidifiers
- Enzymes
- Minerals
- Antibiotics
- Flavours and Sweeteners
- Others
Market Breakup by Form
- Dry
- Liquid
Market Breakup by Livestock
- Poultry
- Ruminants
- Aquatic Animals
- Swine
- Others
Market Breakup by Source
- Synthetic
- Natural
Market Breakup by Region
- Northern Canada
- British Columbia
- Alberta
- The Prairies
- Central Canada
- Atlantic Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Canada feed additives market. Some of the major players explored in the report by Expert Market Research are as follows:
- Evonik Industries AG
- Cargill, Incorporated
- BASF SE
- Archer-Daniels-Midland Co.
- Koninklijke DSM N.V.
- Solvay S.A.
- SHV Holding (Nutreco N.V.)
- Novozymes A/S
- International Flavors & Fragrances Inc.
- Elanco Animal Health Incorporated
- Alltech Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Feed Additives Market Overview
8.1 Key Industry Highlights
8.2 North America Feed Additives Historical Market (2018-2023)
8.3 North America Feed Additives Market Forecast (2024-2032)
8.4 North America Feed Additives Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 Canada Feed Additives Market Overview
9.1 Key Industry Highlights
9.2 Canada Feed Additives Historical Market (2018-2023)
9.3 Canada Feed Additives Market Forecast (2024-2032)
10 Canada Feed Additives Market by Type
10.1 Amino Acids
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Probiotics
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Vitamins
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Acidifiers
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Enzymes
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Minerals
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Antibiotics
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Flavours and Sweeteners
10.8.1 Historical Trend (2018-2023)
10.8.2 Forecast Trend (2024-2032)
10.9 Others
11 Canada Feed Additives Market by Form
11.1 Dry
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Liquid
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Canada Feed Additives Market by Livestock
12.1 Poultry
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Ruminants
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Aquatic Animals
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Swine
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Canada Feed Additives Market by Source
13.1 Synthetic
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Natural
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Canada Feed Additives Market by Region
14.1 Northern Canada
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 British Columbia
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Alberta
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 The Prairies
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Central Canada
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Atlantic Canada
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter's Five Forces Analysis
15.2.1 Supplier's Power
15.2.2 Buyer's Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Evonik Industries AG
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Cargill, Incorporated
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 BASF SE
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Archer-Daniels-Midland Co.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Koninklijke DSM N.V.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Solvay S.A.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 SHV Holding (Nutreco N.V.)
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Novozymes A/S
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 International Flavors & Fragrances Inc.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Elanco Animal Health Incorporated
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Alltech Inc.
17.2.11.1 Company Overview
17.2.11.2 Product Portfolio
17.2.11.3 Demographic Reach and Achievements
17.2.11.4 Certifications
17.2.12 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Feed Additives Market: Key Industry Highlights, 2018 and 2032
2. Canada Feed Additives Market: Key Industry Highlights, 2018 and 2032
3. Canada Feed Additives Historical Market: Breakup by Type (USD Billion), 2018-2023
4. Canada Feed Additives Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. Canada Feed Additives Historical Market: Breakup by Form (USD Billion), 2018-2023
6. Canada Feed Additives Market Forecast: Breakup by Form (USD Billion), 2024-2032
7. Canada Feed Additives Historical Market: Breakup by Livestock (USD Billion), 2018-2023
8. Canada Feed Additives Market Forecast: Breakup by Livestock (USD Billion), 2024-2032
9. Canada Feed Additives Historical Market: Breakup by Source (USD Billion), 2018-2023
10. Canada Feed Additives Market Forecast: Breakup by Source (USD Billion), 2024-2032
11. Canada Feed Additives Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Canada Feed Additives Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. Canada Feed Additives Market Structure
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