Key Insights
The Thailand feed additives market, projected to reach $14.6 billion by 2025, is forecast to grow at a compound annual growth rate (CAGR) of 8.3% from 2025 to 2033. This expansion is driven by the escalating demand for animal protein, a heightened emphasis on animal health and productivity, and the burgeoning aquaculture sector. Stringent regulations on antibiotic use are further propelling the adoption of alternatives such as probiotics, prebiotics, and enzymes. Acidifiers, a significant segment, are also experiencing robust growth due to their efficacy in enhancing feed efficiency and gut health. Key growth drivers include increasing seafood consumption, expanding aquaculture operations, and a shift towards performance-enhancing feed solutions.
Thailand Feed Additives Industry Market Size (In Billion)
The competitive environment features established multinational corporations and agile regional players. Key market participants include Solvay S.A., Nutreco NV, Brenntag SE, and DSM Nutritional Products AG, recognized for their strong brand equity, comprehensive product offerings, and robust distribution channels. Local companies are increasingly competitive, providing cost-effective solutions tailored to the Thai market's specific requirements. Future market expansion hinges on advancements in feed additive formulations, deeper insights into animal nutrition, and effective strategies for addressing sustainability in the animal feed industry. Opportunities exist in niche segments like organic and specialized animal feeds.
Thailand Feed Additives Industry Company Market Share
Thailand Feed Additives Industry: A Comprehensive Market Report (2019-2033)
This comprehensive report provides an in-depth analysis of the Thailand feed additives industry, covering market size, segmentation, key players, growth drivers, challenges, and future outlook. The study period spans 2019-2033, with 2025 as the base and estimated year. The report offers actionable insights for industry stakeholders, including manufacturers, distributors, and investors.
Thailand Feed Additives Industry Market Concentration & Innovation
The Thailand feed additives market exhibits a moderately concentrated landscape, with several multinational corporations holding significant market share. Key players like Solvay S.A., SHV (Nutreco NV), Brenntag SE, DSM Nutritional Products AG, Novus International Inc., Archer Daniel Midland Co., BASF SE, Alltech Inc., Impextraco NV, and Cargill Inc. drive innovation through R&D investments and strategic acquisitions. The combined market share of the top 5 players is estimated at xx%.
Innovation is fueled by the demand for enhanced animal productivity, improved feed efficiency, and sustainable farming practices. Stringent regulatory frameworks regarding feed safety and environmental impact further stimulate innovation. The market witnesses continuous product development, focusing on novel additives with enhanced efficacy and reduced environmental footprint. Substitute products like traditional feed ingredients and alternative protein sources present a competitive challenge. The increasing adoption of technologically advanced feed additives and precision feeding techniques influences end-user trends. Mergers and acquisitions (M&A) activities contribute significantly to market consolidation and expansion of product portfolios. In the past five years, M&A deal values in the Thai feed additives market have totaled approximately xx Million, with the average deal size being xx Million.
- Market Share: Top 5 players – xx%
- M&A Deal Value (2019-2024): xx Million
- Average M&A Deal Size: xx Million
Thailand Feed Additives Industry Industry Trends & Insights
The Thailand feed additives market is experiencing robust growth, driven by factors such as the rising demand for animal protein, increasing livestock production, and growing awareness of animal health and nutrition. The market's Compound Annual Growth Rate (CAGR) during the historical period (2019-2024) was xx%, and is projected to reach xx% during the forecast period (2025-2033). Technological advancements in feed additive formulations, such as the development of enzyme-based additives and precision feeding technologies, significantly influence market growth. Consumer preferences for naturally sourced and sustainable feed additives are also creating new opportunities. The market is characterized by intense competition among both domestic and international players, leading to continuous innovation and price optimization strategies. Market penetration of advanced feed additives is gradually increasing, with xx% of the market currently utilizing such technologies.
Dominant Markets & Segments in Thailand Feed Additives Industry
The swine segment dominates the Thailand feed additives market, accounting for the largest share due to the significant demand for pork and the high concentration of swine farming operations. The aquaculture segment also exhibits substantial growth potential driven by increasing seafood consumption and the expansion of the aquaculture industry.
Key Drivers of Swine Segment Dominance:
- High demand for pork in Thailand.
- Intensive swine farming practices.
- Focus on improving swine feed efficiency and health.
- Government support for the swine industry.
Key Drivers of Aquaculture Segment Growth:
- Rising seafood consumption.
- Expansion of shrimp and fish farming.
- Growing awareness of sustainable aquaculture practices.
- Government initiatives to promote the aquaculture sector.
The acidifiers segment holds a significant share within the additives category, owing to their effectiveness in improving animal gut health and feed efficiency. Other ruminants, other animals and other additives segments contribute to the overall market growth with steadily increasing demand driven by diverse livestock production and increasing awareness of animal health in the country.
Thailand Feed Additives Industry Product Developments
Recent product innovations in the Thai feed additives market include the development of novel enzyme-based additives to enhance nutrient digestibility and reduce feed costs. The use of phytogenic feed additives derived from plants is also gaining traction due to their natural origin and potential health benefits for animals. These advancements cater to consumer preferences for natural and sustainable feed solutions, providing competitive advantages to manufacturers. Moreover, technologically advanced feed additives are designed for targeted delivery and enhanced efficacy, meeting the ever-evolving needs of modern animal farming.
Report Scope & Segmentation Analysis
This report comprehensively segments the Thailand feed additives market by:
Additive Type: Acidifiers, Enzymes, Vitamins, Minerals, Antibiotics, Probiotics, and Others. The acidifiers segment is projected to experience the fastest growth due to the rising demand for improved animal gut health and feed efficiency.
Animal Type: Swine, Poultry, Ruminants (Cattle, Dairy Cows, Buffaloes), Aquaculture (Shrimp, Fish), and Others. Swine farming dominates the animal segments due to high pork consumption. Aquaculture is expected to see significant growth in the forecast period.
Each segment's growth is analyzed based on market size, growth projections, and competitive dynamics.
Key Drivers of Thailand Feed Additives Industry Growth
Several factors drive the growth of the Thailand feed additives industry. These include:
- Rising Demand for Animal Protein: Increased consumption of meat and seafood fuels the demand for efficient and nutritious animal feed.
- Technological Advancements: Innovations in feed additive formulations lead to improved animal health, productivity, and sustainability.
- Government Support: Government initiatives promoting livestock and aquaculture contribute to market expansion.
- Growing Awareness of Animal Welfare: The focus on animal health and welfare drives demand for high-quality feed additives.
Challenges in the Thailand Feed Additives Industry Sector
The Thailand feed additives industry faces certain challenges, such as:
- Fluctuations in Raw Material Prices: Price volatility in raw materials impacts production costs and profitability.
- Stringent Regulatory Requirements: Compliance with increasingly stringent regulations concerning feed safety and environmental standards can be demanding.
- Intense Competition: The competitive landscape necessitates constant innovation and cost-effectiveness to maintain market share.
Emerging Opportunities in Thailand Feed Additives Industry
Emerging opportunities exist in the Thailand feed additives industry, including:
- Growing Demand for Sustainable Feed Additives: The market shows a growing preference for natural and environmentally friendly additives.
- Expansion of the Aquaculture Sector: The aquaculture segment offers significant growth potential due to increasing seafood demand.
- Advancements in Precision Feeding: Technological advances in precision feeding provide opportunities for improving feed efficiency.
Leading Players in the Thailand Feed Additives Industry Market
- Solvay S.A.
- SHV (Nutreco NV)
- Brenntag SE
- DSM Nutritional Products AG
- Novus International Inc.
- Archer Daniel Midland Co.
- BASF SE
- Alltech Inc.
- Impextraco NV
- Cargill Inc.
Key Developments in Thailand Feed Additives Industry Industry
- January 2023: Novus International acquired Agrivida, a biotech company, to develop new feed additives. This acquisition enhances Novus’s innovation capabilities and expands its product portfolio.
- June 2022: Delacon and Cargill collaborated to establish a global plant-based phytogenic feed additives business. This partnership strengthens the market presence of both companies and expands the availability of plant-based solutions.
- January 2022: DSM-Novozymes alliance launched Hiphorius, a new generation phytase. This launch provides poultry producers with a more efficient and sustainable solution for improving feed utilization.
Strategic Outlook for Thailand Feed Additives Industry Market
The Thailand feed additives market holds promising growth potential driven by the increasing demand for animal protein, technological advancements, and supportive government policies. Opportunities lie in developing and marketing sustainable, high-efficiency feed additives. Further expansion of the aquaculture segment and continued investment in research and development will be vital for sustained growth. Companies prioritizing innovation and sustainability will be best positioned for long-term success in this dynamic market.
Thailand Feed Additives Industry Segmentation
-
1. Additive
-
1.1. Acidifiers
-
1.1.1. By Sub Additive
- 1.1.1.1. Fumaric Acid
- 1.1.1.2. Lactic Acid
- 1.1.1.3. Propionic Acid
- 1.1.1.4. Other Acidifiers
-
1.1.1. By Sub Additive
-
1.2. Amino Acids
- 1.2.1. Lysine
- 1.2.2. Methionine
- 1.2.3. Threonine
- 1.2.4. Tryptophan
- 1.2.5. Other Amino Acids
-
1.3. Antibiotics
- 1.3.1. Bacitracin
- 1.3.2. Penicillins
- 1.3.3. Tetracyclines
- 1.3.4. Tylosin
- 1.3.5. Other Antibiotics
-
1.4. Antioxidants
- 1.4.1. Butylated Hydroxyanisole (BHA)
- 1.4.2. Butylated Hydroxytoluene (BHT)
- 1.4.3. Citric Acid
- 1.4.4. Ethoxyquin
- 1.4.5. Propyl Gallate
- 1.4.6. Tocopherols
- 1.4.7. Other Antioxidants
-
1.5. Binders
- 1.5.1. Natural Binders
- 1.5.2. Synthetic Binders
-
1.6. Enzymes
- 1.6.1. Carbohydrases
- 1.6.2. Phytases
- 1.6.3. Other Enzymes
- 1.7. Flavors & Sweeteners
-
1.8. Minerals
- 1.8.1. Macrominerals
- 1.8.2. Microminerals
-
1.9. Mycotoxin Detoxifiers
- 1.9.1. Biotransformers
-
1.10. Phytogenics
- 1.10.1. Essential Oil
- 1.10.2. Herbs & Spices
- 1.10.3. Other Phytogenics
-
1.11. Pigments
- 1.11.1. Carotenoids
- 1.11.2. Curcumin & Spirulina
-
1.12. Prebiotics
- 1.12.1. Fructo Oligosaccharides
- 1.12.2. Galacto Oligosaccharides
- 1.12.3. Inulin
- 1.12.4. Lactulose
- 1.12.5. Mannan Oligosaccharides
- 1.12.6. Xylo Oligosaccharides
- 1.12.7. Other Prebiotics
-
1.13. Probiotics
- 1.13.1. Bifidobacteria
- 1.13.2. Enterococcus
- 1.13.3. Lactobacilli
- 1.13.4. Pediococcus
- 1.13.5. Streptococcus
- 1.13.6. Other Probiotics
-
1.14. Vitamins
- 1.14.1. Vitamin A
- 1.14.2. Vitamin B
- 1.14.3. Vitamin C
- 1.14.4. Vitamin E
- 1.14.5. Other Vitamins
-
1.15. Yeast
- 1.15.1. Live Yeast
- 1.15.2. Selenium Yeast
- 1.15.3. Spent Yeast
- 1.15.4. Torula Dried Yeast
- 1.15.5. Whey Yeast
- 1.15.6. Yeast Derivatives
-
1.1. Acidifiers
-
2. Animal
-
2.1. Aquaculture
-
2.1.1. By Sub Animal
- 2.1.1.1. Fish
- 2.1.1.2. Shrimp
- 2.1.1.3. Other Aquaculture Species
-
2.1.1. By Sub Animal
-
2.2. Poultry
- 2.2.1. Broiler
- 2.2.2. Layer
- 2.2.3. Other Poultry Birds
-
2.3. Ruminants
- 2.3.1. Dairy Cattle
- 2.3.2. Other Ruminants
- 2.4. Swine
- 2.5. Other Animals
-
2.1. Aquaculture
Thailand Feed Additives Industry Segmentation By Geography
- 1. Thailand
Thailand Feed Additives Industry Regional Market Share
Geographic Coverage of Thailand Feed Additives Industry
Thailand Feed Additives Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 8.3% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increase in Fish Consumption; Rise in Export-oriented Aquaculture
- 3.3. Market Restrains
- 3.3.1. Fluctuating Global Prices of Raw Materials; Increasing Disease Epidemics in Major Markets
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Thailand Feed Additives Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Additive
- 5.1.1. Acidifiers
- 5.1.1.1. By Sub Additive
- 5.1.1.1.1. Fumaric Acid
- 5.1.1.1.2. Lactic Acid
- 5.1.1.1.3. Propionic Acid
- 5.1.1.1.4. Other Acidifiers
- 5.1.1.1. By Sub Additive
- 5.1.2. Amino Acids
- 5.1.2.1. Lysine
- 5.1.2.2. Methionine
- 5.1.2.3. Threonine
- 5.1.2.4. Tryptophan
- 5.1.2.5. Other Amino Acids
- 5.1.3. Antibiotics
- 5.1.3.1. Bacitracin
- 5.1.3.2. Penicillins
- 5.1.3.3. Tetracyclines
- 5.1.3.4. Tylosin
- 5.1.3.5. Other Antibiotics
- 5.1.4. Antioxidants
- 5.1.4.1. Butylated Hydroxyanisole (BHA)
- 5.1.4.2. Butylated Hydroxytoluene (BHT)
- 5.1.4.3. Citric Acid
- 5.1.4.4. Ethoxyquin
- 5.1.4.5. Propyl Gallate
- 5.1.4.6. Tocopherols
- 5.1.4.7. Other Antioxidants
- 5.1.5. Binders
- 5.1.5.1. Natural Binders
- 5.1.5.2. Synthetic Binders
- 5.1.6. Enzymes
- 5.1.6.1. Carbohydrases
- 5.1.6.2. Phytases
- 5.1.6.3. Other Enzymes
- 5.1.7. Flavors & Sweeteners
- 5.1.8. Minerals
- 5.1.8.1. Macrominerals
- 5.1.8.2. Microminerals
- 5.1.9. Mycotoxin Detoxifiers
- 5.1.9.1. Biotransformers
- 5.1.10. Phytogenics
- 5.1.10.1. Essential Oil
- 5.1.10.2. Herbs & Spices
- 5.1.10.3. Other Phytogenics
- 5.1.11. Pigments
- 5.1.11.1. Carotenoids
- 5.1.11.2. Curcumin & Spirulina
- 5.1.12. Prebiotics
- 5.1.12.1. Fructo Oligosaccharides
- 5.1.12.2. Galacto Oligosaccharides
- 5.1.12.3. Inulin
- 5.1.12.4. Lactulose
- 5.1.12.5. Mannan Oligosaccharides
- 5.1.12.6. Xylo Oligosaccharides
- 5.1.12.7. Other Prebiotics
- 5.1.13. Probiotics
- 5.1.13.1. Bifidobacteria
- 5.1.13.2. Enterococcus
- 5.1.13.3. Lactobacilli
- 5.1.13.4. Pediococcus
- 5.1.13.5. Streptococcus
- 5.1.13.6. Other Probiotics
- 5.1.14. Vitamins
- 5.1.14.1. Vitamin A
- 5.1.14.2. Vitamin B
- 5.1.14.3. Vitamin C
- 5.1.14.4. Vitamin E
- 5.1.14.5. Other Vitamins
- 5.1.15. Yeast
- 5.1.15.1. Live Yeast
- 5.1.15.2. Selenium Yeast
- 5.1.15.3. Spent Yeast
- 5.1.15.4. Torula Dried Yeast
- 5.1.15.5. Whey Yeast
- 5.1.15.6. Yeast Derivatives
- 5.1.1. Acidifiers
- 5.2. Market Analysis, Insights and Forecast - by Animal
- 5.2.1. Aquaculture
- 5.2.1.1. By Sub Animal
- 5.2.1.1.1. Fish
- 5.2.1.1.2. Shrimp
- 5.2.1.1.3. Other Aquaculture Species
- 5.2.1.1. By Sub Animal
- 5.2.2. Poultry
- 5.2.2.1. Broiler
- 5.2.2.2. Layer
- 5.2.2.3. Other Poultry Birds
- 5.2.3. Ruminants
- 5.2.3.1. Dairy Cattle
- 5.2.3.2. Other Ruminants
- 5.2.4. Swine
- 5.2.5. Other Animals
- 5.2.1. Aquaculture
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Thailand
- 5.1. Market Analysis, Insights and Forecast - by Additive
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Solvay S A
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 SHV (Nutreco NV)
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Brenntag SE
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 DSM Nutritional Products AG
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Novus International Inc
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Archer Daniel Midland Co
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 BASF SE
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Alltech Inc
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Impextraco NV
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Cargill Inc
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Solvay S A
List of Figures
- Figure 1: Thailand Feed Additives Industry Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: Thailand Feed Additives Industry Share (%) by Company 2025
List of Tables
- Table 1: Thailand Feed Additives Industry Revenue billion Forecast, by Additive 2020 & 2033
- Table 2: Thailand Feed Additives Industry Revenue billion Forecast, by Animal 2020 & 2033
- Table 3: Thailand Feed Additives Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Thailand Feed Additives Industry Revenue billion Forecast, by Additive 2020 & 2033
- Table 5: Thailand Feed Additives Industry Revenue billion Forecast, by Animal 2020 & 2033
- Table 6: Thailand Feed Additives Industry Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Thailand Feed Additives Industry?
The projected CAGR is approximately 8.3%.
2. Which companies are prominent players in the Thailand Feed Additives Industry?
Key companies in the market include Solvay S A, SHV (Nutreco NV), Brenntag SE, DSM Nutritional Products AG, Novus International Inc, Archer Daniel Midland Co, BASF SE, Alltech Inc, Impextraco NV, Cargill Inc.
3. What are the main segments of the Thailand Feed Additives Industry?
The market segments include Additive, Animal.
4. Can you provide details about the market size?
The market size is estimated to be USD 14.6 billion as of 2022.
5. What are some drivers contributing to market growth?
Increase in Fish Consumption; Rise in Export-oriented Aquaculture.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
Fluctuating Global Prices of Raw Materials; Increasing Disease Epidemics in Major Markets.
8. Can you provide examples of recent developments in the market?
January 2023: Novus International acquired the Biotech company Agrivida to develop new feed additives.June 2022: Delacon and Cargill collaborated to establish a global plant-based phytogenic feed additives business for enhanced animal nutrition. The partnership has helped in extensive feed additives expertise as well as an increase in the global presence.January 2022: Hiphorius is a new generation of phytase introduced by the DSM-Novozymes alliance. It is a comprehensive phytase solution created to assist poultry producers in achieving lucrative and sustainable protein output.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Thailand Feed Additives Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Thailand Feed Additives Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Thailand Feed Additives Industry?
To stay informed about further developments, trends, and reports in the Thailand Feed Additives Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence