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Feed additives mainly refer to additives added in the process of feed processing, production and use to strengthen the utilization of nutrients, improve animal production performance, promote animal growth and development, improve animal immunity, improve the quality of livestock and poultry products, and improve feed utilization efficiency. substance.

Feed additives are the inevitable raw materials used in the modern feed industry. They have obvious effects on strengthening the nutritional value of basic feed, improving animal production performance, ensuring animal health, saving feed costs, and improving the quality of animal products. Feed additive is an indispensable and important substance to realize the whole process of animal nutrition, and it is the core of compound feed. It constitutes the three important components of compound feed together with energy feed and protein feed. As the core of the feed industry system, feed additives are an important symbol to measure the development level of the feed industry.

1. Current status of market development

Compared with developed countries in Europe and the United States (which began to develop in the late 1940s), my country's feed additive industry developed relatively late, and only began to rise in the early 1980s, and only some large amounts of feed amino acids, vitamins and minerals were produced in the early stage. Trace elements and anti-mildew, antioxidants, etc. It was not until the 1990s that various series of feed additives were gradually produced. However, as the core of the feed industry, the feed additive industry has developed rapidly in recent years, the industry's R&D strength and comprehensive competitiveness have continued to improve, the product system has been gradually improved, and the output has continued to rise, which has played a positive role in promoting the development of my country's feed industry. Up to now, my country has basically formed a relatively complete production system of modern feed additives such as amino acids, vitamins, enzyme preparations, mineral trace elements, flavoring agents, and antifungal agents, which has become one of the important fine chemical fields. Data show that in 2021, the total output value of my country's feed additive industry will reach 115.49 billion yuan, a year-on-year increase of 23.80%.

Among them, Shandong, Zhejiang, Inner Mongolia, Yunnan, Heilongjiang, Guangdong, Ningxia, Jiangsu, Hubei, and Jilin are the regions with more total output value of feed additives in my country. In 2021, the output value of feed additives in Shandong will be 23.463 billion yuan, accounting for 20.3% of the total output value of feed additives in the country, accounting for the largest proportion.

On the whole, since its development, the development of feed additives in China can be divided into three stages, which have successively experienced the stage of import dependence, the stage of imitation learning and the stage of independent research and development. At present, my country's feed additives are in the stage of independent research and development. Many domestic enterprises with technical strength have gradually abandoned the model of pure imitation, increased their own investment in research and development, and developed new products with independent intellectual property rights, which are sold to the global market.

1. Industry output

Feed additives are of great significance to my country's aquaculture industry. In recent years, with the development of the downstream aquaculture industry, the market demand for feed additives in my country has continued to grow. Since 2011, the total output of feed additives in my country has steadily increased. In 2020, the national output of feed additives was 13.988 million tons, a year-on-year increase of 16.0%. The national output of feed additives in 2021 will be 14.775 million tons, an increase of 6.2% over the previous year.

Among them, the output of single feed additives in 2021 is 13.679 million tons, an increase of 5.5%, accounting for 92.6% of the total additive output; the output of mixed feed additives is 1.096 million tons, an increase of 16.2%, accounting for 7.4% of the total additive output.

In terms of provinces and cities, in 2021, Shandong, Yunnan, Heilongjiang, Hubei, Inner Mongolia, Sichuan, Jiangsu, Jilin, Guizhou, and Jiangxi will be the provinces and cities with the largest output of feed additives in my country. Among them, the output of feed additives in Shandong will be 3.1152 million tons in 2021, accounting for 21.08% of the total output of feed additives in the country, ranking first in the country; followed by Yunnan and Heilongjiang, the output of feed additives will be 2.5338 million tons and 1.0293 million tons respectively, accounting for 2.5338 million tons and 1.0293 million tons respectively. 17.15%, 6.97%.

2. Market demand

In recent years, with the rapid development of the downstream aquaculture market, the demand for feed additives has continued to expand. Data show that in 2021, China's demand for feed additives will reach 13.959 million tons, a year-on-year increase of 7.25%.

At the same time, my country is one of the important exporters of feed additives in the world, and the export volume is significantly larger than the import volume. The data shows that in 2021, the import volume of feed additives in China will be 53,000 tons, and the import value will be 230.862 million US dollars; the export volume will be 869,000 tons, and the export value will be 1,132.543 million US dollars.

3. Operating income

During the period from 2014 to 2021, the rapid development of my country's feed industry and related industries has driven the rapid development of the feed additive industry, making the operating income of my country's feed additive industry show an overall growth trend. Data show that in 2021, the operating income of China's feed additive industry will reach 111.04 billion yuan, an increase of 25.27 billion yuan compared with 2020, a year-on-year increase of 29.46%.

4. Number of companies

Benefiting from the overall improvement of the market, various capitals have also entered the track one after another. The data shows that the relevant registered enterprises in my country's feed additive industry will grow rapidly in 2020-2021, from 1,045 in 2019 to 3,241 in 2021, and 1,752 related enterprises are registered from January to April in 2022.

2. Downstream Demand Market

The demand of the feed additive industry is mainly influenced by the downstream feed processing industry and aquaculture.

1. Feed processing industry

With the continuous development of my country's animal husbandry in recent years, the continuous expansion of the scale of breeding, coupled with the continuous popularity of pet breeding, the demand for feed in my country has continued to increase, which has promoted the development of my country's industrial feed industry, which has also driven the development of my country's feed additive industry. . In 2021, the national cumulative output of feed will be 293.44 million tons, a year-on-year increase of 16.10%. From January to March 2022, the national feed production was 73.22 million tons, a year-on-year increase of 5.3%.

2. Breeding

my country is one of the major countries in the development of animal husbandry in the world, and the total output of meat and eggs ranks first in the world, of which meat production accounts for 26% of the global total, and egg production accounts for 40% of the global total.

In recent years, thanks to the development and progress of science and technology, and under the advocacy of rural revitalization and poverty alleviation policies, the national animal husbandry has been continuously promoted. According to statistics, by the end of 2021, my country's live pig population was 449 million, a year-on-year increase of 10.9%; cattle population was 98 million, a year-on-year increase of 2.7%; sheep population was 320 million, a year-on-year increase of 4.3%; poultry population was 6.79 billion, a year-on-year increase of 0.1%. .

At the same time, benefiting from the increasing demand for aquatic products, my country's aquaculture industry has developed rapidly, and the output has shown a trend of increasing year by year. Data show that as of 2020, the scale of aquaculture in my country has exceeded the trillion mark, reaching 1,022.34 billion yuan. In 2021, my country's aquaculture production will increase from 47.932 million tons in 2016 to 53.88 million tons. It is expected that my country's aquaculture production will further increase to 56.3 million tons in 2022.

3. Pig breeding

Since pig feed is the largest type of industrial feed in my country, the situation of pig farming has the greatest impact on feed processing and feed additives. According to the data in 2021, pig feed production is the largest, accounting for 44.56% of the total feed production; followed by meat and poultry feed and egg poultry feed, accounting for 30.4% and 11% respectively.

Since August 2018, the outbreak of African swine fever in China has spread across the country, and there is no effective prevention or treatment method for the disease so far. Measures such as culling and deep burying are mainly used to deal with the diseased pig herds. Affected by the epidemic, the number of live pigs in 2019 fell off a cliff to only 310.4069 million, but it recovered rapidly in 2020. The number of live pigs increased by 30.96% over the previous year to 406.5042 million, basically returning to normal levels. By the end of 2021, the number of live pigs in my country has basically recovered to more than 90% of the normal state. At the end of the first quarter of 2022, the number of live pigs in my country was 422.53 million, a year-on-year increase of 1.58%.

As can be seen from the above, affected by the swine fever epidemic, the number of live pigs in the 2018-2019 year saw a cliff-like decline, which also led to a decline in pig feed production. In 2019, the number of pig feed production plants in my country was 5,432, a decrease of 238 from the previous year, with a total output of 76.632 million tons. Then into 2020, as the production of live pigs continued to recover, the output of pig feed rebounded, and the output increased to 89.225 million tons. In 2021, further driven by the downstream demand market, the national pig feed production will rapidly increase to 130.765 million tons, a year-on-year increase of 46.6%, and the total output will exceed 100 million tons for the first time. Entering 2022, due to the sharp drop in the price of live pigs, farmers have greatly reduced the amount of feed in order to reduce losses, resulting in a drop in pig feed production but still at a historically high level, with an output of 31.37 million tons.

The "China Feed Additive Industry Status In-depth Research and Development Prospect Analysis Report (2022-2029)" released by Guanyan Report Network covers the latest industry data, market hotspots, policy planning, competitive intelligence, market prospect forecasts, investment strategies, etc. It is supplemented by a large number of intuitive charts to help enterprises in this industry accurately grasp the development trend of the industry, market business trends, and correctly formulate corporate competition strategies and investment strategies. Based on authoritative data released by the National Bureau of Statistics, the General Administration of Customs, and the National Information Center, this report combines the industry's environment to conduct market research and analysis from theory to practice, from macro to micro perspectives.

Industry reports are one of the important decision-making bases for industry enterprises, relevant investment companies and government departments to accurately grasp industry development trends, gain insight into industry competition patterns, avoid operational and investment risks, and formulate correct competition and investment strategic decisions. This report is an indispensable tool for a comprehensive understanding of and investment in the industry. Guanyan Tianxia is a well-known industry information consulting organization in China. It has a senior expert team. Over the years, it has provided professional industry analysis reports for tens of thousands of enterprises, consulting institutions, financial institutions, industry associations, individual investors, etc. Covering domestic and foreign industry leaders such as Huawei, PetroChina, China Telecom, China Construction, Hewlett-Packard, Disney, etc., and has been widely recognized by customers.

The data in this research report mainly adopts the national statistical data, the General Administration of Customs, the questionnaire survey data, the data collected by the Ministry of Commerce and other databases. Among them, the macroeconomic data mainly comes from the National Bureau of Statistics, some industry statistical data mainly comes from the National Bureau of Statistics and market research data, the enterprise data mainly comes from the National Bureau of Statistics Scale Enterprise Statistical Database and stock exchanges, etc., and the price data mainly comes from various markets. Monitoring database. The industry analysis methods used in this research report include Porter's five forces model analysis method, SWOT analysis method, and PEST analysis method to conduct a comprehensive analysis of the internal and external environment of the industry. Analysis of trends and current industry hotspots, forecasting the future development direction of the industry, emerging hotspots, market space, technology trends and future development strategies.