Middle East and Africa Specialty Feed Additives Market Report
The middle east and africa specialty feed additives market size was valued at USD 1,486.5 billion in 2023 and is poised to grow at a significant CAGR of 4.3% during the forecast period 2024-2030. The growth of the market is majorly driven by increasing awareness about meat quality.
Specialty feed ingredients are generally defined as products that, when used in the proper concentrated form, give a specific impact or function. Currently, the Feed Additives Regulation acknowledges four functions: zootechnical, nutritional, technological, and sensory.
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The Middle East and Africa Specialty Feed Additives Market segmentation:
1) By Type: Binders, Minerals, Vitamins, Flavours and Sweeteners, Antioxidants, Acidifiers, enzymes, carbohydrates, Others.
2) By Form: Powders, Liquid, Pellets.
3) By Animal: Poultry, Aquatic, Canine, Equine, Swine, Ovine, Bovine.
Based on its application, and its many positive attributes, Antioxidants are substances that prevent oxidation, which is a chemical process that might result in the production of free radicals (autoxidation). Degradation of organic molecules, including living things, is caused by autoxidation. To increase the useable life of industrial products including polymers, fuels, and lubricants, antioxidants are commonly added. Antioxidants are also used to treat food to prevent spoiling, namely the rancidification of lipids and oils. Oxidative stress can be prevented in cells by enzyme systems like superoxide dismutase and antioxidants like glutathione, mycothiol, or bacillithiol.
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The prominent key players operating in the Middle East and Africa Specialty Feed Additives Market is Archer Daniels Midland Co., Alltech Inc. , Evonik Industries , Nutreco N.V. , BASF SE, Kemin Industries Inc, Novozymes A/S , Chr. Hansen Holdings A/S , Invivo NSA , Lucta S.A. , Biomin Holding GmbH
Scope of The Report:
· The Middle East and Africa Specialty Feed Additives Market research report includes historical data, trending features, and market growth estimates for the future.
· The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
· The market report helps to provide the best results for business enhancement and business growth.
· The report gives a comprehensive overview of both primary and secondary data.
· The market key players covered here to help them strengthen their place in the market.
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