Feed Antioxidants Market

Feed Antioxidants Market Size & Growth (2022 - 2027):

Feed Antioxidants Market was worth USD 270.0 million in 2021 and estimated to be growing at a CAGR of 5.35%, to reach USD 381.0 million by 2026.

The market is showcasing the evident potential in the mentioned forecasting period. The Feed Antioxidants Market has continued to gain momentum because of Antioxidants’ essential contribution to all kinds of animal feeds and is thus expected to show steady growth in years to come resulting in the agriculture industry to grow interested in the market.

Feed Antioxidants are substances used in feed for animals to increase their shelf life by preventing unnecessary oxidation in finished feeds and animal guts. Antioxidants also help in protecting nutritional supplements in the feed from deterioration which includes vitamins, fats, and pigments.

Feed Antioxidants Market Drivers:

Increasing awareness among farmers about the benefits of Antioxidants on Animal health has led the market to show significant growth recently. Other factors driving the growth of Feed Antioxidants Market size include increasing feed prices, reduced wastage due to oxidation, the industrialization of the livestock industry and the livestock disease outbreak fuelling additives market. These factors have played a key role in the recent growth of the market. Besides these, the Feed Antioxidants Market also faces some challenges and restraints which include competition for raw materials with other industries, stringent government regulations and price volatility of Agri-commodities.

REPORT COVERAGE:

Feed Antioxidants Market Segmentation:

Feed Antioxidants Market - By Livestock:

• Swine

• Cattle
• Poultry
• Aquaculture
• Other livestock

Feed Antioxidants Market - By Antioxidant Types:

• BHA Antioxidants
• BHT Antioxidants
• Ethoxyquin Antioxidants
• Synthetic Feed Antioxidants

On the basis of geographical analysis, the Feed Antioxidants Market is segmented under various regions namely

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

. The market was dominated by Asia-Pacific, led by China and India, with the overall market share of over 35% globally. Asia-Pacific was followed by North America, led by US. Rapid industrialization drives the market growth in North America and thus it is expected of America to show the highest CAGR in the years to come.

Key Players:

Some of the major companies leading the Feed Antioxidants market include Adisseo France SAS, AllTech, Archer Daniels Midland Company, Cargill Inc, Danisco, DSM, Nutreco N.V., Novus International, Kemin Europa, Perstorp.