Report Overview

The Australia feed additives market is estimated to be valued at AUD 401.97 Million in 2023. It is expected to grow at a CAGR of 4.40% between 2024 and 2032 to reach almost AUD 592.24 Million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to ABS, there were 250 poultry farm businesses in Victoria in 2020-21.
  • In Victoria, there were approximately 19.4 million meat chickens and about 3.5 million poultry egg flocks.
  • ABARES forecasted value of pork meat production is expected to increase by 2% in 2024-25.

Australia Feed Additives Market Growth

Compound Annual Growth Rate

Value in AUD Million

4.4%

2024-2032


Australia Feed Additives Market Outlook

*this image is indicative*

Based on the source, the Australia feed additives market growth is driven by natural source.

Feed additives improve livestock nutrition, health, and performance while preventing diseases while preserving feed quality. They also mitigate environmental impacts, contributing to sustainable livestock farming practices.

Natural feed additives are preferred in Australia due to their alignment with sustainable agriculture practices and consumer demand for natural and organic products. These additives meet health and nutrition requirements and cater to market demand for premium-quality livestock products stimulating the Australia feed additives market growth. 

Additionally, innovation in natural feed additives contributes to the development of new formulations that address the evolving needs of livestock producers and align with consumer preferences. Therefore, the use of natural feed additives supports environmental sustainability, regulatory compliance, consumer preferences, and industry innovation in the Australian livestock farming sector. 

Feed additives in Australia are commonly synthetically sourced through chemical processes or industrial manufacturing methods. These additives are typically produced in specialized facilities that utilize synthetic compounds to create specific formulations tailored to enhance the nutritional content and overall quality of animal feed. Synthetic sourcing allows for precise control over the composition and concentration of additives, ensuring consistency and efficacy in meeting the dietary requirements of livestock and poultry.

Australia Feed Additives Market Segmentation

Australia Feed Additives Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Phosphates
  • Vitamins
  • Probiotics
  • Minerals
  • Preservatives
  • Vitamins
  • Others

Market Breakup by Source

  • Natural
  • Synthetic 

Market Breakup by Livestock

  • Poultry
  • Swine
  • Aquatic Animals
  • Ruminants
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Feed Additives Market Share

Vitamins are the most widely used ensuring the health and well-being of livestock by supporting growth, enhancing immune function, and preventing deficiencies. Vitamins are essential for various metabolic processes, making them a critical component of animal nutrition. Their widespread use in feed formulations helps improve the overall productivity and health of the animals.

Leading Companies in the Australia Feed Additives Market

The growth of the feed additives market is fuelled by increasing poultry and pork production and increasing use of natural sources for feed additives.

  • ADM Trading Australia Pty Ltd.
  • BASF SE
  • Koninklijke DSM N.V.
  • Phibro Animal Health Corporation Australia
  • Nutreco N.V.
  • Solvay S.A.
  • Lonza Group Ltd.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Australia feed additives market was valued at AUD 401.97 Million in 2023.

The market is projected to grow at a CAGR of 4.40% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 592.24 Million in 2032.

Based on the type, the feed additives market is bifurcated into phosphates, vitamins, probiotics, minerals, preservatives, vitamins, and others.

Key players in the industry are ADM Trading Australia Pty Ltd., BASF SE, Koninklijke DSM N.V., Phibro Animal Health Corporation Australia, Nutreco N.V., Solvay S.A., and Lonza Group Ltd. among others.

Based on source, the feed additives market is divided into natural and synthetic.

The different livestock in the feed additives market include poultry, swine, aquatic animals, ruminants, and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Source
  • Livestock
  • Region
Breakup by Type
  • Phosphates
  • Vitamins
  • Probiotics
  • Minerals
  • Preservatives
  • Others
Breakup by Source
  • Natural
  • Synthetic
Breakup by Livestock
  • Poultry
  • Swine
  • Aquatic Animals
  • Ruminants
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ADM Trading Australia Pty Ltd.
  • BASF SE
  • Koninklijke DSM N.V.
  • Phibro Animal Health Corporation Australia
  • Nutreco N.V.
  • Solvay S.A.
  • Lonza Group Ltd.
  • Others.

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