Global Feed Nucleotides Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 559.90 Million |
Market Size (Forecast Year) |
USD 885.68 Million |
CAGR |
|
Major Markets Players |
Global Feed Nucleotides Market, By Product Type (Yeast/Yeast Extracts, Single Cell Organisms), Industry (Immune Enhancers, Dietary Supplements), Channel (Direct Sales, Distributor) – Industry Trends and Forecast to 2029.
Feed Nucleotides Market Analysis and Size
Nucleotides have seen a significant increase in use in animal feed additives, the food and beverage industry, pharmaceuticals, and research and diagnostics. Sales of nucleotide-based flavour enhancers are expected to rise in the coming years as customers become more aware of the negative effects of savoury additives.
Data Bridge Market Research analyses that the feed nucleotides market was valued at USD 559.9 million in 2021 and is expected to reach the value of USD 885.68 million by 2029, at a CAGR of 5.9% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Feed Nucleotides Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Product Type (Yeast/Yeast Extracts, Single Cell Organisms), Industry (Immune Enhancers, Dietary Supplements), Channel (Direct Sales, Distributor) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (U.S.), Farbest Brands (U.S.), SternVitamin GmbH & Co. K.G. (Germany), Adisseo (France), Adisseo France SAS (France), Ajinomoto Co., Inc. (Japan), Leiber GmbH (Germany), Lesaffre Group (France), Biovet JSC (Bulgaria), Chr. Hansen A/S (Denmark), Danisco A/S (Denmark), Elanco (U.S.), Kemin Industries, Inc. (U.S.) |
Opportunities |
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Market Definition
Feed nucleotides are feed components that aid in animal growth. It is also frequently combined with probiotics to improve its functions. Yeast extract/auto lysates or single-cell organisms can be used as feed nucleotides (yeast). Nucleic acids, phosphoric acid, and organic nitrogenous bases are among them.
Feed Nucleotides Market Dynamics
Drivers
- A rising focus on animal health and increased livestock production
The developments in the compound feed & additives industry, as well as rising demand for high-value animal protein such as milk, meat, and others, are putting pressure on livestock farmers to feed their animals with high-quality feed products to increase productivity and output quality. Increased industrial livestock production, as well as increased focus on animal health to prevent disease outbreaks, are factors driving the growth of the feed nucleotides market.
- The growing demand of nucleotides in nutritional applications
The increasing global use of nucleotides in infant nutrition applications is expected to boost feed nucleotide market growth to some extent. Furthermore, due to the high rate of nutrient deficiency in the global population, the demand for food fortification has increased significantly in recent years, as a lack of nutrients in food can lead to severe forms of malnutrition. Manufacturers focus on various food premixes such as nucleotide premixes, vitamin premixes, mineral premixes, amino acid premixes, and other botanical premixes to ensure better consumer health as a result of rising consumer demand for nutritional premixes.
Opportunity
As the global consumer base's disposable income grows, so does their proclivity to spend on food products with enhanced health benefits. Furthermore, as consumer awareness of the benefits of consuming fortified food products grows, demand for customised premixes, including nucleotide premixes, is increasing, primarily in developed countries. The nucleotide premix market is expected to grow positively during the forecast period, owing to the aforementioned factors.
Restraints
However, a lack of awareness among livestock farmers about the benefits of feeding livestock with feed premix is a factor limiting the feed nucleotides market. Furthermore, the rising cost of feed ingredients, as well as the government ban on the use of antibiotics, pose a significant threat to the global feed nucleotides market.
This feed nucleotides market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the feed nucleotides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Feed Nucleotides Market
The demand for nucleotides is decreasing as the demand for chemicals from the healthcare sector increases. As a result, the nucleotide market is greatly impacted. Due to a lack of demand, the effect of the price drop will not be felt by all sectors of the economy. Various governments have taken advantage of this opportunity to stock up on fuel (petrol, diesel, aviation turbine fuel [ATF], and others) in order to avoid supply disruptions following the lockdown. Due to the current situation, supply chain disruption has also forced manufacturers to halt manufacturing and supply agreements.
Recent Development
- PPD Inc. was acquired by Thermo Fisher Scientific in December 2021. The company offers a variety of products, including nucleotides.
Global Feed Nucleotides Market Scope
The feed nucleotides market is segmented on the basis of product type, industry and channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Yeast/Yeast Extracts
- Single Cell Organisms
Industry
- Immune Enhancers
- Dietary Supplements
Channel
- Direct sales
- Distributors
Feed Nucleotides Market Regional Analysis/Insights
The feed nucleotides market is analysed and market size insights and trends are provided by product type, industry and channel as referenced above.
The countries covered in the feed nucleotides market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market because the demand for animal-derived products with high nutritional value is increasing rapidly as consumers' disposable income levels rise, resulting in increased spending on food items such as dairy products and meats.
Asia-Pacific region is expected to be the fastest-growing market for feed nucleotides. Rising population levels and rising disposable incomes are driving growth in this region's feed nucleotide market. Furthermore, growing awareness of the advantages of using feed nucleotides is driving up demand for these products.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Feed Nucleotides Market Share Analysis
The feed nucleotides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to feed nucleotides market.
Some of the major players operating in the feed nucleotides market are:
- DSM (Netherlands)
- BASF SE (Germany)
- Lonza Group (Switzerland)
- Glanbia Plc (Ireland)
- ADM (U.S.)
- Farbest Brands (U.S.)
- SternVitamin GmbH & Co. KG (Germany)
- Adisseo (France)
- Adisseo France SAS (France)
- Ajinomoto Co., Inc. (Japan)
- Leiber GmbH (Germany)
- Lesaffre Group (France)
- Biovet JSC (Bulgaria)
- Chr. Hansen A/S (Denmark)
- Danisco A/S (Denmark)
- Elanco (U.S.)
- Kemin Industries, Inc. (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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