Animal Feed Antioxidants Market Size Worth $0.7 Billion By 2030 | CAGR: 4.7%

The global animal feed antioxidant market size is expected to reach USD 0.7 Billion by 2030 according to a new study by Ultra Market Research. The report “Animal Feed Antioxidants Market Share, Size, Trends, Industry Analysis Report, By Product Type (Natural and Synthetics); By Form (Powder, Liquid and Granules); By Livestock’s (Poultry, Dairy Cattle, Aquaculture, Swine, and Others); By Regions; Segment Forecast, 2022 –2030”gives a detailed insight into current market dynamics and provides analysis on future market growth.

Several factors are driving the growth of the global animal feed antioxidant market. Some of these include the concerns about animal health have grown as pandemic outbreaks and foot-and-mouth disease have escalated, affecting food quality. As a result, these substances are gaining in popularity in both the finished product and ingredient sectors.

Positive attitudes toward agriculture in China, India, and Brazil, owing to government support and local improvisation of new irrigation technology, are projected to create new chances for market players in the future. However, increased demand for oilseeds and corn in the food, beverage, and biofuels industries is predicted to restrict the supply of raw materials for the synthesis of antioxidants.

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The prominent factors favoring the animal feed antioxidant market growth include growing global population and urbanization are driving up demand for higher-quality animal feed ingredients. The market for animal feed antioxidants is expanding because to rising global meat consumption as a result of the rapid move toward a protein-rich diet. Rising rates of epidemic outbreaks are also pressuring feed makers to include antioxidants, boosting the demand for animal feed antioxidants. Concerns over the use of synthetic chemicals in feed are driving increased investment in R&D to produce natural components, which will support the growth of the animal feed antioxidants market over the forecast period. Over the projected period, rising knowledge among farmers about protein enrichment, as well as the availability of animals, is likely to fuel market expansion. Antioxidant demand is predicted to rise over the forecast period due to rising epidemic outbreaks such as foot and mouth disease and flu. To overcome or avoid such diseases, demand for antioxidants is expected to rise. Over the forecast period, the market is expected to rise due to rising demand for animal feed additives to sustain livestock metabolism rates.

Growing global demand for high-quality meat and fish products, as well as increased meat and milk consumption, are driving the commercial agricultural business. The rise of the commercial agricultural business may boost the animal feed additives market. Increased commercial animal production has boosted the demand for animal feed supplements like antioxidants, vitamins, protein, and other nutrients.

The animal feed industry is predicted to grow significantly as a result of the increased demand for a cost-effective, long-term solution. Agricultural commodity prices may fluctuate as a result of disruptions in agriculture and trading operations, positively impacting the growth of animal feed for providing antioxidant and other feed additives to animals.

Market participants such as Cargill, Koninklijke DSM N.V, Archer Daniels Midland Company, Nutreco, BASF SE, Adisseo, Kemin, Perstorp, Caldic, Alltech, Novus International, Industrial Tecnica Pecuaria, Chemical Fine Sciences, Lallemand Animal Nutrition, Oxiris Chemical, Videka Company, Zhejiang Medicine, VDH ChemTech, BTSA, FoodSafe Technologies and Bertol Company are some of the key players operating in the animal feed antioxidant market.

To gain significant share in the global animal feed antioxidant market, major players are now focusing on adopting product innovations, mergers and acquisitions.

For instance, to expand their market presence and product offerings in the global market, key manufacturers such as Cargill and others are focusing on expanding their production facilities as well as strategic alliances/partnerships with regional feed manufacturers in Western Europe, Asia Pacific, and the Middle East.

Manufacturers such as Archer Daniels Midland Company and BASF are also implementing unique strategies and procedures to improve product quality while also increasing production. Companies are spending money on research and development in order to produce competitive and adaptive animal feed production and processing technologies.

Ultra Market Research has segmented the Animal Feed Antioxidants Market report on the basis of product type, form, livestock, and region
 

Animal Feed Antioxidants Product Type Outlook (Revenue - USD Million, 2021 – 2031)

• Natural
• Synthetic

 -Ethoxyquin

 -Butylated Hydroxyanisole (BHA) 

 -Butylated Hydroxytoluene (BHT)

Animal Feed Antioxidants Form Outlook (Revenue - USD Million, 2021 – 2031)

• Powder
• Liquid
• Granules

Animal Feed Antioxidants Livestock Outlook (Revenue - USD Million, 2021 – 2031)

• Poultry
• Dairy cattle
• Aquaculture
• Swine
• Others

Animal Feed Antioxidants Regional Outlook (Revenue - USD Million, 2021 – 2031)

• North America

U.S.

Canada

• Europe

France

Germany

UK

Italy

Hungary

Croatia

Austria

• Asia Pacific

China

India

Japan

Malaysia

Australia

Indonesia

• Central & South America

Mexico

Brazil

Argentina

• Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa