The Europe Feed Antioxidants Market was worth $62.43 million in 2021 and estimated to be growing at a CAGR of 5.07%, to reach $79.02 million by 2026. The Europe Feed Antioxidants Market is gaining momentum because of essential contribution by antioxidants to all kinds of animal feeds and is therefore predicted to show steady growth in years to come resulting in agriculture companies to gain interest in the market.
Feed Antioxidants are chemicals used in feeds for livestock to increase their shelf life as they prevent unnecessary oxidation in the finished feeds and animal guts. Antioxidants also assist in preventing deterioration of nutritional supplements in the feed which include vitamins, pigments and fats.
Rising awareness about benefits of Antioxidants among farmers on Animal healthcare has led to a significant growth in the Europe Feed Antioxidants Market recently. Other key factors responsible for driving the Feed Antioxidants market include increase in feed prices, wastage reduction due to oxidation, industrialization in livestock industry and the outbreak of livestock disease fuelling the additives market. These factors have played a key role in the recent growth of the Europe Feed Antioxidants Market. Besides these, the market is also facing some restraints and challenges which include stringent government regulations, competition for raw materials with other industries and price volatility of Agri-commodities.
Europe Feed Antioxidants Market Segmentation:
Europe Feed Antioxidants Market - By Livestock:
Europe Feed Antioxidants Market - By Antioxidant Types:
Geographically, the Europe Feed Antioxidants Market is segmented under various regions namely
Some of the major companies leading the Europe Feed Antioxidants market include Adisseo France SAS, Kemin Europa, AllTech, Cargill Inc, Archer Daniels Midland Company, Danisco, Nutreco N.V., DSM, Novus International, Perstorp.
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