North America Feed Antioxidants Market

North America Feed Antioxidants Market Size (2024 to 2032)

The North American feed antioxidants market was valued at USD 81.64 million in 2023 and is anticipated to reach USD 86.94 million in 2024 from USD 144.02 million by 2032, estimated to be growing at a CAGR of 6.51% from 2024 to 2032. 

The North American feed antioxidants market has continued to build momentum as a result of Antioxidants’ essential contribution to all kinds of animal feeds and is therefore expected to show steady growth in coming years, resulting in agriculture-based companies taking interest in the market.

Feed antioxidants are chemical substances used in animal feeds to increase their shelf life by preventing unnecessary oxidation in animal guts and finished feeds. Antioxidants also assist in preventing nutritional supplements in the feed from deteriorating, which includes vitamins, pigments and fats.

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

This research report on the North America feed antioxidants market is segmented and sub-segmented into the following categories.

North America Feed Antioxidants Market Analysis By Livestock

• Cattle
• Swine
• Aquaculture
• Poultry
• Other livestock

North America Feed Antioxidants Market Analysis By Antioxidant Types

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

COUNTRY ANALYSIS

• The USA
• Canada
• Mexico
• Rest of North America

On the basis of geography, North American Feed Antioxidants is segmented under two countries namely

KEY MARKET PLAYERS

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