Global Feed Antioxidants Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Livestock (Swine, Poultry, Cattle, Aquaculture and Other Livestock Types), Type (BHA Antioxidants, BHT Antioxidants, Ethoxyquin Antioxidants and Other Synthetic Feed Antioxidants) and Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) - Industry Analysis From 2024 to 2029

Updated On: June, 2024
ID: 1776
Pages: 175

Global Feed Antioxidants Market Size (2024 to 2029)

The global feed antioxidants market size is expected to reach USD 315.68 million in 2024 and reach USD 409.66 million by 2029, growing at a CAGR of 5.35% from 2024 to 2029.

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 protect nutritional supplements in the feed from deterioration, which includes vitamins, fats, and pigments.

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 growing interested in the market.

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 the 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 the 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

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.35%

Segments Covered

By Livestock, Antioxidant Types, and Region

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Adisseo France SAS, Alltech, Archer Daniels Midland Company, Cargill Inc, Danisco, DSM, Nutreco N.V., Novus International, Kemin Europa, Perstorp.

 

REGIONAL ANALYSIS

The market was dominated by Asia-Pacific, led by China and India, with an overall market share of over 35% globally. Asia-Pacific was followed by North America, led by the 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 MARKET 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 are playing a dominating role in global feed antioxidant market. 

DETAILED SEGMENTATION OF THE GLOBAL FEED ANTIOXIDANT MARKET INCLUDED IN THIS REPORT

This research report on the global feed antioxidant market has been segmented & sub-segmented into the following categories.

By Livestock

  • Swine
  • Cattle
  • Poultry
  • Aquaculture
  • Other Livestock

By Antioxidant Types

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

By Region

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

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Frequently Asked Questions

what is the size of feed antioxidant market?

The global feed antioxidants Market is expected to grow at USD 299.65 million in 2023.

what is the growth of feed antioxidant market ?

The feed antioxidant market is estimated to be growing at a CAGR of 5.35%, to reach USD 388.88 million by 2028.

what are the key market players involved in feed antioxidant market?

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 are playing a dominating role in global feed antioxidant market.

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