Animal Nutrition Market Forecast to Reach USD39.13 Billion

Animal Nutrition Market

Leander, Texas – The Global Animal Nutrition Market was valued at USD 23.12 billion in 2023 and is projected to reach USD 39.13 billion by 2031, growing at a steady CAGR of 6.8% from 2025-2032.

Market growth is driven by rising demand for high-quality livestock products, increasing focus on animal health and productivity, and the widespread adoption of nutritional supplements in feed formulations. Additionally, advancements in feed additives and growing awareness of sustainable livestock farming are further accelerating market expansion.

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United States: Key Industry Developments

✅ October 2025: BASF launched Lutavit® A/D3 1000/200 NXT, a next-generation combined vitamin A and D3 microencapsulated formulation providing enhanced stability and bioavailability for all animal species, with an 18-month shelf life supported by new state-of-the-art production technology.

✅ May 2025: Avitech Nutrition established a new Trading Division focused on essential ingredients for the animal feed additive market starting with vitamin blends and straight vitamins, strengthening supply chain efficiency and customer value.

✅ September 2025: Ecolex Animal Nutrition announced the launch of a redesigned, user-friendly website promoting sustainable and innovative animal nutrition solutions, emphasizing biosecurity and antimicrobial resistance mitigation as core priorities.

Asia Pacific / Japan: Key Industry Developments

✅ November 2025: Angel Yeast commenced operations at a new yeast protein production line in Hubei, China with technologies supporting sustainable and stable production of AngeoPro, a yeast protein rich in amino acids and dietary fiber, highlighting innovation for sustainable animal nutrition that impacts the broader Asia Pacific region including Japan.

✅ November 2025: Evonik partnered with InVitria to expand access to animal-free recombinant human serum albumin, enhancing biopharma innovation; while not directly animal feed, this reflects cutting-edge bioinnovation relevant for the life sciences and animal health sectors in Japan.

✅ May to August 2025: While specific Japan-based launches are less frequent in latest news, manufacturers have focused on sustainability and advanced bioactive ingredients, as exemplified by the regional emphasis on circular economy ingredients from animal by-products and bioactive hydrolyzed proteins, supporting formulation efficiency and environmental goals.

Key Mergers and Acquisitions (2025):

✅ The Nutriment Company (TNC) – expanded its European footprint with multiple acquisitions including The Dog’s Butcher and Your Pet Nutrition in the UK, Puromenu in Spain, and BAF Petfood in Germany, broadening its raw and natural pet food product offerings and production capabilities.

✅ Modern Plant Based Foods – diversified its product portfolio beyond human food by acquiring AnimalKind, a plant-based pet food company based in British Columbia, tapping into the increasing demand for sustainable pet nutrition products.

✅ General Mills, Inc. – strengthened its pet food segment by signing a definitive agreement to acquire Whitebridge Pet Brands’ North American premium cat food and pet treat business for $1.45 billion, enhancing its position in cat nutrition and treats alongside its Blue Buffalo portfolio.

✅ Kemin Industries – acquired Hennessy Research Associates to boost vaccine development capabilities in animal health, supporting growth in livestock, aquaculture, and pet food nutrition markets.

✅ Balmoral Funds – completed the acquisition of Wilbur-Ellis Nutrition, which includes several proprietary feed brands and premixes, operating as an independent platform under the new Rangen brand, with a focus on innovation and growth in various animal nutrition segments.

✅ CVC Capital Partners – reportedly positioned as the leading candidate to acquire the animal nutrition division of dsm-firmenich, signaling significant investment interest in expanding capabilities in this market sector.

Market Segmentation Analysis:

-By Animal Type: Poultry leads with approximately 45% market share in 2024-2025, driven by the global industry’s rapid growth and strong demand for poultry meat and eggs, especially in Asia-Pacific and Latin America. Ruminant, aquaculture, swine, and others follow with smaller shares.

-By Ingredients: Amino Acids dominate with around 27.4% market share in 2024, critical for growth performance, feed efficiency, and protein synthesis in livestock and poultry. Other ingredient segments include enzymes, minerals, lipids, vitamins, and others.

-By End-User: Animal Feed Manufacturers and Farms are leading, with farms holding the largest revenue share in the segment. Other end-users include aquaculture and pet food manufacturers.

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Growth Drivers:

-Rising global demand for animal protein, including meat, dairy, and eggs, driven by population growth and increased incomes, particularly in Asia-Pacific and Latin America.

-Growing awareness and concern for animal health and wellness, leading to increased adoption of specialized nutrition products that improve immune and digestive health.

-Expansion of the pet food sector fueled by rising pet ownership and demand for nutritionally tailored pet foods with functional ingredients like omega-3s and probiotics.

-Technological innovations such as precision livestock farming, digital feed monitoring, and AI-enabled feed formulation improving feed efficiency and animal performance.

-Increasing adoption of sustainable and natural feed ingredients with reduced antibiotic use, aligned with environmental and regulatory pressures.

-Supportive government programs, regulations banning antibiotics in feed, and rising disposable incomes boosting investments in advanced animal nutrition and clean-label feed solutions.

Regional Insights:

Asia-Pacific: This region is the largest and fastest-growing market for animal nutrition, holding approximately 40.25% of the market share in 2024. The dominance is primarily due to a large and growing livestock population, increasing demand for animal-derived protein (meat, dairy, and eggs), and significant government support for the agricultural and livestock sectors in countries like China and India.

-Europe: Europe accounts for a significant portion of the market, driven by stringent animal welfare legislation, strong research and development in sustainable feeding practices, and a high demand for quality livestock products. Countries such as Spain and Germany have well-established livestock industries that contribute to regional demand.

-North America: North America represents a substantial market, driven by advanced animal husbandry systems, a high rate of pet ownership, and increasing consumer awareness about the health benefits of quality animal nutrition. The U.S. is the largest feed market in the region, with significant demand for poultry and cattle feed. North America is also expected to be a fast-growing region, with a projected CAGR of 12.59% due to innovation in specialty and functional ingredients.

-Latin America: This region is expected to show significant growth, with countries like Brazil, Mexico, and Argentina being major consumers of animal feed. The market is linked to increasing local production of drugs and a high prevalence of chronic diseases.

-Middle East & Africa: The market in the Middle East and Africa is expected to grow, driven by increasing populations, rising healthcare expenditures, and the expansion of the petrochemical sector which contributes to the production of feed additives.

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Key Highlights (Top 5 Key Players) for Animal Nutrition Market:

-Cargill, Incorporated reported estimated market revenue around USD 5 billion, driven by strong global distribution and product innovation in animal nutrition.

-Archer Daniels Midland Company generated approximately USD 4.5 billion in animal nutrition revenues with diversified product portfolios supporting livestock health.

-BASF SE attained near USD 3.7 billion in animal nutrition market revenue, backed by specialty feed additives and enzyme technology.

-Evonik Industries achieved about USD 2.8 billion from the animal nutrition segment, focusing on amino acids and feed additives.

-Advanced Enzyme Technologies Limited recorded estimated revenues close to USD 1 billion, specializing in enzyme solutions for enhanced feed efficiency.

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