Forecast and analysis on the market scale of China's feed additive industry and the output of subdivided products in 2022

Feed additive refers to a small amount or trace substance added in the process of feed production, processing and use. The dosage in feed is small but the effect is significant. Feed additive is an inevitable raw material for modern feed industry. It has obvious effects on strengthening the nutritional value of basic feed, improving animal production performance, ensuring animal health, saving feed cost, improving digestibility and improving animal product quality.

Steady increase in market size

The feed additive industry in China has developed on the basis of medicinal antibiotics. Since the 21st century, China has been actively looking for a plan to replace antibiotic products, especially the introduction and implementation of the "anti antibiotic" policy, which has further accelerated the technological innovation and market development of the industry. In the future, feed additive products with green and healthy characteristics will usher in greater development opportunities. The data shows that the market size of China's feed additive industry has increased from 65.4 billion yuan in 2016 to 115.49 billion yuan in 2021, with a compound annual growth rate of 12.05%. China Commercial Industry Research Institute predicted that the market size of China's feed additive industry would reach 129.13 billion yuan in 2022.

The highest proportion of mineral elements

In terms of the proportion of subdivided product output, according to the data of China Feed Industry Association, the output of mineral element feed additives in China will account for 49.80% of the total output of feed additives in 2020, accounting for the largest proportion; The output of amino acid feed additives accounted for 26.58% of the total output of feed additives; The output of vitamin feed additives accounted for 11.53% of the total output of feed additives.