Feed supplements Market Overview
Feed supplements are added to livestock food formulation to increase the nutritional content in the animal feed. The commonly added nutrients include proteins, vitamins, amino acid, fatty acids, minerals and others. They help to improve the feed quality, animal health and reduce the livestock diseases which further helps in quality of products derived from...
The global feed supplements market size was approximately USD 42.51 billion in 2023. The market is projected to grow at a CAGR of 4.3% between 2024 and 2032, reaching a value of around USD 62.63 billion by 2032. These staggering figures underscore the growing significance of feed supplements in the livestock industry. In particular, dairy farming is a major beneficiary of the feed supplements...