Feed Antioxidants Market Forecast

The global feed antioxidants market is anticipated to boost with the rise in awareness regarding available benefits to livestock from the feed antioxidants. Additionally, increased demand for feed antioxidants from the bulk feed manufacturers to overcome the effect of feed oxidation is pushing the market growth. The developing economies of the Asia Pacific region, are witnessing a high demand for feed additives such as feed antioxidants, owing to high demand for meat and meat products.

Furthermore, advance processing methods & technologies, and high opportunities in developing countries are positively supporting the growth of the market. However, the toxicity caused by the use of synthetic chemicals used in feed to overcome oxidation of feed may hamper the feed antioxidants market over the review period. The market players are responding to these new opportunities by introducing new products, which are naturally prepared and have lesser side-effects on the livestock performanve, which has boosted the share of natural feed antioxidants in the global market. Feed Antioxidants Market, with a value of USD 0.38 billion in 2022, is poised for significant expansion. Projections indicate a rise from USD 0.39 billion in 2023 to USD 0.49 billion by 2030, showcasing a compound annual growth rate (CAGR) of 3.80% throughout the forecast span from 2023 to 2030.

Downstream analysis:

The global feed antioxidants market is segmented into type and livestock.

By type, it is segmented into beta hydroxy acid, butylated hydroxytoluene, ethoxyquin, and others. Among all the types, the beta hydroxy acid segment is dominating the market.

By livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market based on increased consumption of poultry and meat products, globally.

The major players in the feed antioxidants market:

• Cargill Inc. (U.S.)
• I. du Pont de Nemours and Company (U.S.)
• Alltech, Inc. (U.S.)
• Adisseo France SAS (France)
• Danisco A/S (Denmark)
• Koninklijke DSM N.V (the Netherlands)
• Kemin Europa NV (Belgium)
• Perstorp Holding AB (Sweden)
• Novus International, Inc. (U.S.)
• Nutreco N.V. (the Netherlands)

Regional Analysis:

The global feed antioxidants market  share is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the feed antioxidants market, followed by North America. Increasing livestock diseases, growing health awareness towards feed antioxidants, and increased consumption of meat products have surged the demand for feed antioxidants. Moreover, increased demand for superior quality animal feed is driving the market of feed antioxidants in the Asia Pacific region.

Furthermore, U.S. dominates the North America feed antioxidants market. Increased demand for meat products in North America is likely to boost the feed antioxidants market over the forecast period. Additionally, the major key players are actively involved in the research & development to enhance the product functionality.

About US

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. 

Contact us: 

Market Research Future (part of Wantstats Research and Media Private Limited),

 99 Hudson Street,5Th Floor, New York, New York 10013, United States of America 

Sales: +1 628 258 0071(US)  +44 2035 002 764(UK) 

Email: Sales@marketresearchfuture.com