The demand for cattle feed additives has been rising because of the increasing number of facilities for mass meat production. To ensure superior quality of animal products, livestock breeders use feed additives as supplements.

Key players in the market include Archer Daniels Midland Company (US), BASF SE (Germany), Cargill, Incorporated (US), Royal DSM N.V. (Netherlands), Nutreco N.V. (Netherlands), Charoen Pokphand Foods PCL (Thailand), and Land O’Lakes Inc. (US).