Base Year
Historical Year
Forecast Year
Value in AUD million
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.
| Australia Feed Additive Market Summary | Description | Value |
| Base Year | AUD Million | 2023 |
| Historical period | AUD Million | 2018-2023 |
| Forecast Period | AUD Million | 2024-2032 |
| Market Size 2023 | AUD Million | 407.40 |
| Market Size 2032 | AUD Million | 656.26 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.4% |
| CAGR 2024-2032 - Market by Region | Australian Capital Territory | 6.2% |
| CAGR 2024-2032 - Market by Region | Western Australia | 6.0% |
| CAGR 2024-2032 - Market by Source | Natural | 7.7% |
| CAGR 2024-2032 - Market by Livestock | Poultry | 6.4% |
| 2023 Market Share by Region | Australian Capital Territory | 2.0% |
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 Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Source
Market Breakup by Livestock
Market Breakup by Region
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.
| CAGR 2024-2032 - Market by | Region |
| Australian Capital Territory | 6.2% |
| Western Australia | 6.0% |
| New South Wales | 4.8% |
| Victoria | XX% |
| Queensland | XX% |
| Others | XX% |
The growth of the feed additives market is fuelled by increasing poultry and pork production and increasing use of natural sources for feed additives.
*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.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
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.
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.
| 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:
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| Breakup by Type |
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| Breakup by Source |
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| Breakup by Livestock |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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