Feed Antioxidants Market

Antioxidants are chemicals that help in fighting the harmful effects of unstable substances known as free radicals. Highly productive animals need a balanced nutritional diet to improve their performance. Antioxidants are used in animal feed to provide essential nutrients such as vitamins, fats, and pigments. The market for feed antioxidants mainly covers two form type, which includes dry and liquid form of feed antioxidants

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The major factors accelerating the growth of the global feed antioxidants market include the rising feed production, unexpected patterns of crop harvest, which is leading to strong demand, implementation of enhanced animal husbandry practices to improve meat quality, and the accelerating demand for animal-based products. Rapid urbanization, population expansion, and enhanced lifestyle across the world is increasing the demand for animal-based products. Meat is considered as the main source of nutrition for people around the world. It has been observed that more than 300 million tons of meat are produced each year across the world. Moreover, due to the rising health concerns, the consumers across the world have shifted their focus towards healthy and nutritious food, wherein animal-based products play a major part. They help in improving human nutrition, bone, and heart health. Animal-based products are also rich in vitamins and proteins, which further helps in the development of body. Moreover, animal-based products are also used in medicines for better recovery. Thus, increasing demand for animal-based products boosts the growth of the global feed antioxidants. It has been observed that the growth rate of the poultry sector is higher than that of the agriculture sector. This is due to the increasing disposable income of individuals and reducing the rate of poultry products across the country.

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Based on type, the market is segmented into synthetic antioxidants, and natural antioxidants. Among these, the natural antioxidant segment is expected to grow at a higher CAGR during the forecast period. Most of the population across the world prefer animal-based food; thus natural antioxidants in animals do not hamper the quality, safety, and nutrition of animal meat. Moreover, it enhances the health and nutritional benefits of meat, which drives the growth of the segment.

Based on form, the market is segmented into dry and liquid. Among these, the dry segment would lead the market during the forecast period. A dry antioxidant is easy to handle, store, and to coat in feed for animals for consumption. Thus, the high demand for dry feed oxidants is enhancing the growth of the market. Antioxidants help in slowing the aging process in pets, enhances immunity, fight illness, and helps in preserving the pet food. All these factors are driving the growth of the segment in the market.

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On the basis of region, the Asia-Pacific region is projected at a faster CAGR during the forecast period. This is due to the increasing number of poultry stations in the region driven by the high demand for animal-based products. Moreover, the increasing disposable income and the rising health concerns is increasing the focus of customers toward protein-rich food, which fuels the growth of the market.

The major players in the market include Cargill Inc, The Archer Daniels Midland Company, BASF SE, Nutreco N.V., Kemin Industries, Bluestar Adisseo Co, Perstorp Holding AB, Alltech Inc, Caldic B.V., and Novus International Inc.

Key Developments:

• • In 2019, Cargill Inc, partnered with InnovaFeed, in order to bring innovative and sustainable feed options to the animal nutrition industry. Through this partnership, both companies jointly market fish feed, including insect protein, to support the growth of sustainable aquaculture.

The global feed antioxidants market has been segmented on the basis of type, animal, form, and region. Based on type, the market is segmented into synthetic antioxidants and natural antioxidants. Based on animal, the market is segmented into poultry, swine, ruminants, aquaculture, and pets. Based on form, the market is segmented into dry, and liquid.

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Key questions answered in this research report:

• • At what pace is global feed antioxidants market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global feed antioxidants market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global feed antioxidants market?
  • Which animal generated maximum revenues in 2019 and identify the most promising animal during the forecast period?
  • What are the various forms of global feed antioxidants market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Feed Antioxidants Market by Type

• • Synthetic Antioxidants
    • BHA
    • BHT
    • Ethoxyquin
    • Propyl Gallate
    • Others
  • Natural Antioxidants
    • Carotenoids
    • Tocopherols
    • Botanical Extracts
    • Vitamins

Global Feed Antioxidants Market by Animal

• • Poultry
  • Swine
  • Ruminants
  • Aquaculture
  • Pets
    • Cats
    • Dogs

Global Feed Antioxidants Market by Form

• • Dry
    • Powder
    • Granules
    • Beadlets
  • Liquid

Global Feed Antioxidants Market by Region

• • North America Feed Antioxidants Market (Option 1: As a part of the free 25% customization)
    • North America Market by Type
    • North America Market by Animal
    • North America Market by Form
    • US Market All-Up
    • Canada Market All-Up
  • Europe Feed Antioxidants Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Type
    • Europe Market by Animal
    • Europe Market by Form
    • United Kingdom (UK) Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Feed Antioxidants Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Type
    • Asia-Pacific Market by Animal
    • Asia-Pacific Market by Form
    • India Market All-Up
    • China Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Feed Antioxidants Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Type
    • RoW Market by Animal
    • RoW Market by Form
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Feed Antioxidants Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Cargill Inc
  • The Archer Daniels Midland Company
  • BASF SE
  • Nutreco N.V.
  • Kemin Industries
  • Bluestar Adisseo Co
  • Perstorp Holding AB
  • Alltech Inc
  • Caldic B.V.
  • Novus International Inc