The new Frost & Sullivan research service titled Australian & New Zealand Animal Feed Additives Market provides an overview of the market size (by revenue and by volume) for the total animal feed additive market. A complete analysis of key market drivers, restraints, and trends that are affecting the market participants is provided.
The feed additives for which forecasts are provided in this study are:
-Feed enzymes - non-starch polysaccharides (NSPs) and phytases
-Feed amino acids - methionine, lysine, threonine, and tryptophan
-Feed vitamins - vitamin A (retinol), vitamin E (tocopherol), vitamin B1 (thiamin), vitamin B3 (niacin), and vitamin D3 (cholecalciferol)

A market overview is also provided for the following feed additives:
-Feed acidifiers
-Direct-fed microbial products
-Feed antibiotics

AGP ban drives demand for alternatives
With the ongoing debate over antimicrobial resistance and its effect on human beings, alternatives to antimicrobial growth promoters are likely to gain R&D funding support and consequent volumes of uptake by end users.
For example, under the Commercial Ready Scheme, AusIndustry awarded a $2.1 million grant to BioDiem, an Australian biopharmaceutical development company working on a non-antibiotic antimicrobial, to enhance growth and feed conversion in chickens.
The most prominent alternatives that are likely to gain at the expense of antimicrobials are feed enzymes, direct-fed microbials, feed acidifiers and essential oils.

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