Registering a CAGR of 2.5% over the forecast period of 2022-2027, the global Feed Antioxidants market size is anticipated to reach the market value of US$ 228910 million in the year 2027 from US$ 194080 million in the year 2021.
Feed Antioxidants Market Overview
Feed antioxidants are additives added in feed to prevent the oxidative loss of vitamins, amino acids & pigments, and rancidity of fats in animal feeds. Hike in the prices of livestock feed is among the major determinants boosting the demand for feed antioxidants as their utilization ensures the minimum loss of essential nutrients and fats in the feed, resulting in the availability of high-quality feed for high prices. Moreover, usage of antioxidants leads to reduced feed wastage caused due to oxidation and raising awareness regarding the benefits of feed antioxidants are also catalyzing the growth of the global feed antioxidants market. However, the implementation of stringent regulations regarding the use of antioxidants in animal feed is hampering market growth. Market players are introducing products defined as per the age, health, and species of livestock, which is expected to pave the way for profitable growth opportunities for the market players.
Industry Updates:
- In October 2021, BASF and Cargill are expanding their partnership in the animal nutrition business, adding research and development capabilities and new markets to the partners’ existing feed enzymes distribution agreements. Together, they will develop, produce, market, and sell customer-centric enzyme products and solutions. The goal is to bring farmers feed innovations that reduce nutrient waste, improving feed efficiency, and promote animal growth and wellbeing.
- In April 2021, Kemin Industries launches Paradigmox® Green for agriculture in EMENA region-
Kemin Industries, a global manufacturer of elements that strives to sustainably maintain quality of life every day for 80% of the world with its products and services, has introduced a new antioxidant solution, Paradigmox® Green, for the organic agriculture industry in EMENA (Europe, Middle East, North Africa).
What are the major Applications, Types and Regions for Feed Antioxidants Market?
Feed Antioxidants Market is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
- BHA
- BHT
- Ethoxyquin
- Others
Market Volume (%) By Applications it is segmented into
- Cosmetic & Personal Care
- Ruminant
- Poultry
- Pig
- Aquaculture
- Other
Feed Antioxidants Market Regional Analysis
Asia-Pacific is anticipated to dominate the global feed antioxidants market throughout the review period owing to the growth of the feed industry in the region, mainly in China and India. Additionally, rolling demand for poultry and dairy products such as milk, eggs, and meat is also an important determinant driving the market growth of feed antioxidants market. However, the growth of the livestock industry in North America is anticipated to render the highest growth rate to North America feed antioxidants market.
All these factors greatly affect the Feed Antioxidants market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Feed Antioxidants Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Feed Antioxidants Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Feed Antioxidants Market report scope?
The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR (Value and Volume)
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CAGR of 2.5% during the review period (2022 to 2027).
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Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
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- BHA
- BHT
- Ethoxyquin
- Others
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Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
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- Ruminant
- Poultry
- Pig
- Aquaculture
- Others
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Quantitative units
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Revenue in USD million/billion and CAGR from 2022 to 2027
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By Companies
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Archer Daniels Midland Company, Cargill, BASF, Adisseo, DSM, DuPont, AllTech, Nutreco, Perstorp, Novus International, Kemin
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Customization Available
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Yes, the report can be customized as per your needs
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Key Highlights from this Feed Antioxidants Report
- A comprehensive backdrop analysis, which contains an assessment of the parent market
- Essential changes in market dynamics.
- Market segmentation up to the second or third level.
- Historical, current, and projected size of the market from the standpoint of both value and volume.
- Reporting and evaluation of recent industry developments.
- Market shares and strategies of major players.
- Emerging niche segments and regional markets.
- An objective assessment of the trajectory of the market.
- Recommendations to companies for strengthening their foothold in the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Feed Antioxidants Market is studied from 2017 - 2027.
What is the growth rate of Feed Antioxidants Market?
The Feed Antioxidants Market is growing at a CAGR of 2.5% over the next 5 years.
Who are the key players in Feed Antioxidants Market?
Archer Daniels Midland Company, Cargill, BASF, Adisseo, DSM, DuPont, AllTech, Nutreco, Perstorp, Novus International, Kemin
What region does this Feed Antioxidants Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Feed Antioxidants Market?
BHA, BHT, Ethoxyquin, Others
What are the major end-use applications of Feed Antioxidants Market?
Ruminant, Poultry, Pig, Aquaculture, Others.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
