Top 10 Animal Health Companies 2017
The global feed industry invests heavily in animal nutrition or feeds additives research which includes specialty feed ingredients, processing, sensors, IT tools to develop innovative functional feeds. The top animal nutrition companies are trying to reduce the need for antibiotics at the farm level through advanced knowledge of the impact of feed processing and composition on gut health and the use of specific micro-ingredients.
Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.
China was one of the largest regional markets for feed additives, with revenue exceeding USD 12.2 billion in 2017. It is further expected still to grow due to the downstream demand. In the past time, the global feed market has maintained a more stable growth rate. Africa, Europe, Latin America have maintained a rapid growth rate. The North American market is stagnant. In the foreseeable future, the growth of this industry mainly comes from the growth of these areas.
World's Top 10 Animal Nutrition Companies
In application, animal nutrition downstream is wide and recently animal nutrition has acquired increasing significance in various fields of poultry feeds, ruminant feeds, pig feeds and other feeds. Globally, the animal nutrition market is mainly driven by growing demand for poultry feeds which held nearly 46% of total downstream consumption of animal nutrition.
In the future, the global market is expected to witness stable growth on account of rising applications, so in the next few years, animal nutrition production will show a trend of steady growth. In 2024, the production of animal nutrition is estimated to be 39.4 million MT. Demand for most downstream is greatly influenced by general economic conditions. As a result, demand for animal nutrition largely follows the patterns of the leading world economies.
The worldwide market for Animal Nutrition is expected to grow at a CAGR of roughly 5.2% over the next five years, will reach 72800 million US$ in 2024, from 53800 million US$ in 2019, according to a new study.
Top 20 Animal Health Companies Based On 2021 Total Revenue
Cargill Animal Nutrition & Protein delivers customized animal nutrition products and services to commercial producers in aqua, beef, dairy, pork, poultry, and pet food. The segment also provides a full range of meat and poultry products to food manufacturers, foodservice companies and retailers, as well as industrial customers. The major segments of the company are; Cargill Aqua Nutrition, Cargill Feed & Nutrition, Cargill Poultry, Cargill Premix & Nutrition and Cargill Protein. Cargill overall revenue in 2018 grew 5% to USD 114.7 billion from USD 109.6 billion (2017).
The ADM’s operations are organized, managed, and classified into four reportable business segments: Origination, Oilseeds, Carbohydrate Solutions, and Nutrition. Each of these segments is organized based upon the nature of products and services offered. The Nutrition segment includes activities related to the processing and distribution of formula feeds and animal health and nutrition products and the manufacture of contract and private label pet treats and foods. ADM overall revenue in 2018 grew to USD 24.8 billion from USD 23.9 billion (2017).
Biovet S.A. Laboratories was founded in 1984 by a group of veterinarians and chemists with extensive experience in clinical practice and in the manufacture of additives and premixes for animal nutrition. For more than 30 years, in Biovet S.A. has worked in favor of productivity and animal welfare offering services such as: product development, additive manufacturing, feed formulation service, training and consulting, zootechnical services, analytical services, microbiological analysis and mycotoxin analysis service.
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Adisseo is a global leader in nutrition and health feed solutions including research and development, production and sales with over 75 years’ experience. In 2006, Adisseo joined BlueStar Group, in China’s innovative chemical materials and specialty chemical industries, and established CINAbio in Toulouse of France in the same year. Adisseo supplies three types of products: Performance products (including methionine, vitamins, ammonium sulfate and sodium sulfate), Specialty products (including enzymes, rumen-protected methionine, organic selenium and probiotics additives) and Other products (including carbon disulfide, sulfuric acid and services of processing powder). Adisseo's turnover in 2018 was 1.46 billion euros.
Evonik is one of the world’s leading specialty chemicals companies. Company's strengths include the balanced spectrum of their business activities, end-markets, and regions. The company reports its revenue majorly in four business segments; Nutrition & Care, Resource Efficiency, Performance Materials, and Services. In the Nutrition & Care segment, sales advanced 3 percent to €4, 646 million (31% of Total Sales), driven by high global demand. A perceptible rise in volumes and higher selling prices contribute. Evonik's overall revenue in 2018 grew to €15.024 billion from €14.38 billion (2017).
BASF is a global supplier of innovative feed additives for livestock, aquaculture, and companion animals. BASF produces Conjugated Linoleic Acid (CLA), CLA reduces the milk fat content during the supplementary feeding phase in a dose-dependent manner and leads to lower blood glucose utilization per kilogram of milk. BASF also manufactures enzymes to feed, indigestible feed components can be digested in the gastrointestinal tract. In animal nutrition, enzymes are used predominantly for monogastric animals, such as pigs and poultry. BASF report revenue under Nutrition & Health which contains products for the food and feed industries, the flavor and fragrance industry, the pharmaceutical industry and the ethanol industry. The overall revenue of the Nutrition & Health segment was €1, 696 million in 2018.
Top 20 Animal Health Companies Based On 2019 Revenue
Advanced Enzyme Technologies Limited (AETL) is a research-driven company with global leadership in the manufacturing of enzymes and probiotics. AETL is the largest Indian enzyme company, engaged in the research and development, manufacturing and marketing of 400+ proprietary products developed from over 68+ indigenous enzymes and probiotics. AETL offers solutions to a wide variety of industries like human health care and nutrition, animal nutrition, baking etc. solutions to a wide variety of industries like human health care and nutrition, animal nutrition, baking, etc. AETL provides enzyme based feed additives for the animal nutrition industry, mainly catering to poultry and swine. By adding enzymes to feed, the digestibility of the components can be enhanced. Animal Nutrition product offering enables animals to maximize the nutrients they absorb from the feed, thus helping in reducing feed costs, minimizing animal waste production and accordingly helping to reduce environmental pollution. The company draws 13% revenue from this segment. AETL overall revenue in 2018 grew to INR 4.24 billion from INR 3.97 billion (2017).
AB Vista is one of the largest suppliers of yeast and natural betaine to the global animal nutrition industry. The company invests heavily in research and development and has a growing portfolio of products and services spanning the poultry, swine, ruminant and aquaculture sectors. AB Agri is the agricultural division of Associated British Foods (ABF plc) - one of Europe’s largest food and retail companies, with a market capitalisation of £25 billion.
Kemin is a family-owned company started in 1961. The company has 2, 000 employees, with manufacturing facilities in eight countries. It does business in 90 countries, with international headquarters located in Des Moines. It has annual revenue of $520 million. Kemin’s mission is to improve the lives of humans and animals throughout the world. It manufactures more than 500 specialty ingredients that deliver important nutrition and health benefits through products consumed by people and animals.
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Lallemand Inc. is a privately-held Canadian company, founded at the end of the 19th century, that specializes in the development, production, and marketing of yeasts and bacteria. The company is organized into 11 technically-driven business units focusing on various applications of yeast and bacteria in baking, fermented beverages, human and animal nutrition, fuel ethanol and for agricultural and pharmaceutical use. Other activities of Lallemand include a 65% participation in Macco Organiques Inc., which produces specialty salts of organic acids and mineral salts. Lallemand’s more than 4, 000 employees are located in 45 countries on 5 continents.
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Human Biotech Animal Health 2019
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