Market Overview
Feed oxidants are added to animal feeds for saving them from losing essential nutrients and fats; this results in more extended storage and less feed wastage, which is one of the primary factors responsible for the sales growth in this market. As the demands for quality feed and meat products increases, the better feed is also essential in which feed antioxidants play a significant role. Adding antioxidants to feed also decreases the intake of free radicals by the animals. These products help in the storage of feeds, which is directly beneficial for animal farms in saving money and is increasing the adoption of such products.
The growing food industry around the globe has increased the demand for meat products, which needs healthy dietary supplements, further boosting the market. Shifting trends from synthetic to natural antioxidants have pushed the market players to search for natural feed antioxidants for which they are widely investing in research & development programs. This will help the market in gaining stronger and fast development rates while securing the future.
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Apart from the features mentioned above, the global feed antioxidants market struggles against the rigid regulations for the usage of antioxidants, limiting the market’s growth rates. This report will provide a complete detail about the market trends, growth factors, drivers & restraints, opportunities, and other primary factors followed by an in-depth analysis of the major markets around the world. The global feed antioxidants market is anticipated to show around a 04 % annual growth rate during the survey.
Key Players
BASF SE (Germany), Cargill, Incorporated (US), Kemin Industries (US), Royal DSM N.V. (Netherlands), Archer Daniels Midland Company (US), Nutreco N.V. (Netherlands), Adisseo (France), Perstorp (Sweden), Novus International Inc. (US), Danisco (Denmark), Alltech, Inc. (US) and BTSA (Spain)
Industry News
The Global surge in animal-based products has increased the demand for better feeds, which has boosted the usage and need for feed antioxidants. Also, the commercialization of the livestock market has raised the requirements for animal products and is acting as the catalyst in this market. The rapidly developing regions show the maximum growth rates due to expanding the food industry and the presence of maximum potentials.
Market Breakdown
Global Feed Antioxidants Market is segmented into the following categories:
Based on types, the feed antioxidants are characterized by synthetic and natural antioxidants.
The global feed antioxidant market is categorized into liquid and dry based on antioxidant forms.
The global feed antioxidants market is employed in cattle, swine, poultry, aquaculture, and others based on animal types.
Regional Classification
Feed antioxidants are getting a healthy response from around the world, and with the rising awareness and increasing demands, this is getting stronger with time. North America, The Asia Pacific, Europe, and the rest of the world are the major regions observed for the global Feed antioxidants market. In the current era, the North American region is leading the market due to the rise in demands for animal products, key market players, increasing research & development activities, and other factors. On the other hand, The Asia Pacific region will file the fastest growth rates due to rapid expansion in the food industry, increasing urbanization, rising per capita income, vast population covers, the introduction of new products, and other factors.
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