Summary

India animal feed supplements market is anticipated to grow at a significant rate in the forecast years, 2023-2027. Factors such as increase in health-consciousness among people and the growing demand for animal-based products are the primary drivers for the India animal feed supplements market growth. Consistent efforts are being made to improve the quality of animal feed and create suitable animal diets for providing a balanced supply of nutrients to them in order to achieve high-quality meat products. Research and academic institutions are consistenly striving towards enhancing the nutritional content of animal feeds to ensure overall well-being of those consuming it. High investments in the industry are further supporting the growth of India animal feed supplement market during the forecast period. Besides, the growing population, favorable demographics, expanding end-use industries, and rising levels of disposable income of middle-class families are further expected to boost the animal feed supplements market in India over the next five years.
The India animal feed supplements market is segmented into the source, product type, livestock, form, competitive landscape, and regional distribution. Based on the source, the market is divided into natural and synthetic. The natural source is expected to capture the highest market share in the forecast period, 2023-2027. The rise in the demand for organic products and the growing awareness about the impact of diet on the health of animals are driving the segment demand.
The major players operating in the India animal feed supplements market are Vinayak Ingredients India Pvt. Ltd., ADM Agro Industries India Pvt Ltd, BASF India Ltd., Cargill India Pvt. Ltd., Evonik India Private Limited, DSM India Private Limited, Nutreco-West Coast Group.
Years considered for this report:
Historical Years: FY2018-FY2021
Base Year: FY2022
Estimated Year: FY2023
Forecast Period: FY2024–FY2028
Objective of the Study:
• To analyze the historical growth in the market size of the India animal feed supplements from FY2018 to FY2021.
• To estimate and forecast the market size of India animal feed supplements market from FY2024 to FY2028 and growth rate until FY2028.
• To classify and forecast the India animal feed supplements market based on source, product type, livestock, form, region, and company.
• To identify the dominant region or segment in the India animal feed supplements market.
• To identify drivers and challenges for the India animal feed supplements market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the India animal feed supplements market.
• To identify and analyze the profiles of leading players operating in the India animal feed supplements market.
• To identify key sustainable strategies adopted by market players in India animal feed supplements market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the India animal feed supplements market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India animal feed supplements market is segmented into following categories, in addition to the industry trends which have also been detailed below:
• India Animal Feed Supplements Market, By Source:
o Natural
o Synthetic
• India Animal Feed Supplements Market, By Product Type:
o Amino Acids
o Phosphates
o Vitamins & Minerals
o Enzymes
o Antibiotics
o Others
• India Animal Feed Supplements Market, By Livestock:
o Ruminants
o Poultry
o Swine
o Aquatic Animals
o Others
• India Animal Feed Supplements Market, By Form:
o Dry
o Liquid
• India Animal Feed Supplements Market, By Region:
o South
o West
o North
o East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India animal feed supplements market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).

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Table of Contents

1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Animal Feed Supplement Market
4. Executive Summary
5. Voice of Customers
6. India Animal Feed Supplement Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Source (Natural v/s Synthetic)
6.2.2. By Product Type (Amino Acids, Phosphates, Vitamins & Minerals, Enzymes, Antibiotics, Others)
6.2.3. By Livestock (Ruminants, Poultry, Swine, Aquatic Animals, Others)
6.2.4. By Form (Dry v/s Liquid)
6.2.5. By Company (FY2022)
6.2.6. By Region
6.2.6.1. By State (Top 3 States)
6.3. Product Market Map
7. India Natural Animal Feed Supplement Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Livestock
7.2.3. By Form
8. India Synthetic Animal Feed Supplement Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Livestock
8.2.3. By Form
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Import-Export Analysis
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. India Economic Profile
14. Competitive Landscape
14.1. Vinayak Ingredients India Pvt. Ltd.
14.2. ADM Agro Industries India Pvt Ltd
14.3. BASF India Ltd.
14.4. Cargill India Pvt. Ltd.
14.5. Evonik India Private Limited
14.6. DSM India Private Limited
14.7. Nutreco-West Coast Group
15. Strategic Recommendations