Feed Antioxidants Market to be Dominated by Livestock-based Product through 2028
Global Feed Antioxidants market is expected to grow during the forecast
period, 2024-2028.
owing to increasing consumption of livestock-based products.
According to TechSci Research
report, “Feed Antioxidants Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global Feed Antioxidants
market is expected to upsurge at an impressive rate during the forecast period,
2024-2028. A significant factor fueling the growth of
the global Feed Antioxidants market owing to increasing
consumption of livestock-based products. Moreover, antioxidants shield cells
from oxidative damage, lower singlet oxygen levels in animals, and prevent
lipid peroxidation and oxidative rancidity in animal feed during manufacturing,
processing, and storage as well as help in preserving their nutritive value and
decrease the overall cost of the feed by reducing wastage of feed. The use of
antioxidants in animal nutrition helps preserve the sensory qualities of feed
and prevents the destruction of essential nutrients such as pigments, amino
acids and vitamins which further fuel the growth of global Feed
Antioxidants market.
For instance, in 2021, Oxiris
Chemicals S.A. launched Naturol a new brand of antioxidants based on natural
tocopherol extracts for animal compound feed preservation.
Furthermore, the market is
being further stimulated by the growing demand for continuous compound feed
production as well as growing concern regarding the animal nutrient & health
of livestock.
However, availability of
alternative substitutes with same properties can slow down market growth. Moreover,
fluctuation in raw material prices can further slowdown market growth.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Global
Feed Antioxidants Market"
Global Feed
Antioxidants Market is segmented on the basis of type, livestock, form, and
region.
Based on type,
the market is further bifurcated into natural and synthetic. Natural segment
is expected to hold the largest market share during the forecast period,
2024-2028 as it helps to enhance animal health and welfare, improve meat
quality, and increase the shelf life of animal products.
Based on livestock,
the market is further segmented into poultry, ruminants, swine, aquatic
animals, and others. Poultry is expected to hold the largest market share during
the forecast period, 2024-2028. This is due to its low production cost and high
demand among customers.
Based on form, the market is further bifurcated into dry and liquid. Dry segment is
expected to experience the highest market share during the forecast period,
2024-2028, owing to its convenient storage and packaging, longer shelf life,
and easy to use features.
Major
companies operating in the global Feed Antioxidants market are:
- Koninklijke
DSM N.V.
- BASF
SE
- Cargill,
Incorporated.
- Alltech
Inc.
- Oxiris
Chemicals, SA
- BTSA
Biotecnologias Aplicadas SL
- Kaesler
Nutrition GmbH
- Lallemand
Inc
- VDH
Chem Tech Pvt. Ltd.
- Simfa
Labs Pvt. Ltd.
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“Asia
Pacific region is expected to grow at the fastest rate during the forecast
period owing to increasing production and consumption of animal and poultry
meat. Additionally, increase in the number of feed mills & feed production creates
lucrative opportunities for market growth. Furthermore, in North America, presence
of a large livestock population & their growth rate as well as increasing
availability of supermarkets for delivering frozen foods create huge prospects
of market growth during the forecast period,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
“Feed Antioxidants Market- Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Natural,
Synthetic), By Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Others),
By Form (Dry, Liquid), By Region and Competition,
has evaluated the future growth potential of global Feed Antioxidants market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global Feed Antioxidants market.”
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