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  • Feed Antioxidants Market Analysis | 2023-2028

    Feed Antioxidants Market Analysis | 2023-2028

    Feed Antioxidants Market Analysis | 2023-2028
    Report code - SRAM398 Delivery - 2 Weeks
    Feed Antioxidants Market Size, Share, Forecast, Industry, and Growth Analysis (2023-2028)
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    Market Insights

    The Feed Antioxidants Market is expected to grow from USD 391.5 Million in 2022 to USD 520.2 Million by 2028 at a healthy CAGR of 4.85% during the forecast period of 2023-2028.

    Feed Antioxidants Market Size

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    What are feed antioxidants?

    Feed antioxidants safeguard the feed nutrients in the feed such as vitamins, proteins, fats, pigments, and flavoring agents from deterioration which thus, gives nutrient security. Antioxidants are called shelf-life extenders. Feed oxidization prevention is quite imperative as it can affect animal health and performance.

    Feed Antioxidants are of different types, such as synthetic and natural, that are used for various animals, such as poultry, cattle, swine, and pets.

    Global Feed Antioxidants Market Report Highlights

    Market Size in 2022

    US$ 391.5 Million

    Market Size in 2028

    US$ 520.2 Million

    Market Growth by 2023-2028

    CAGR of 4.85%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Dominant Region

    Asia-Pacific is estimated to be the largest as well as the fastest-growing market.

    Market Drivers

    The feed antioxidants market is driven by a number of factors, including:

    • Consumers are increasingly demanding high-quality meat, dairy, and other animal products. Feed antioxidants can help to improve the quality of these products by improving feed efficiency, reducing stress on animals, and improving their overall health.
    • Farmers are becoming more aware of the importance of animal welfare and health. Feed antioxidants can help to improve animal health by reducing the risk of diseases and infections, and by boosting the immune system.
    • Processed animal feed is becoming increasingly popular due to its convenience and cost-effectiveness. Feed antioxidants can help to extend the shelf life of processed animal feed and prevent it from spoiling.
    • The market has experienced significant growth due to the increasing usage of food antioxidants in various types of ready-to-eat meals and packaged food. The increasing need for packaged food to have a longer shelf life is anticipated to be the primary driver behind the growing demand for food antioxidants in the foreseeable future.

    Feed Antioxidants Market Snapshot

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    Key Players

    Some of the major players in the global market are-

    Segments Analysis

    By Type

    Based on the type, the market is segmented as synthetic and natural antioxidants. 

    The natural antioxidants segment held the larger share of the market in 2022 and is expected to remain dominant during the forecast period. The natural feed antioxidants segment is further segmented into carotenoids, tocopherols, botanical extracts, and vitamins.

    Manufacturers are attentive to developing innovative products to produce cheaper natural antioxidants to capture the market and leverage this increasing demand, which is boosting the growth of the market for natural feed antioxidants.

    By Animal Type

    Based on the animal type, the feed antioxidants market is segmented as poultry, cattle, swine, aquaculture, and pets. 

    The poultry industry is estimated to dominate the market in the coming five years. On the other hand, the aquaculture segment has immensely contributed to global food security, and with the claim for fish-based products increasing worldwide, the demand for fish-feed antioxidants is also gradually increasing.

    By Form Type

    Based on the form type, the market is segmented as dry and liquid. 

    The dry feed antioxidants segment is likely to lead the market during the forecast period. The dry form is also estimated to witness a higher demand among livestock farmers, as dry feed antioxidants are easy to mix with feed, store, and offer ease of handling.

    By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing feed antioxidants market during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities.

    The growth of the market is driven by the growth of various end-use industries, such as poultry, cattle, swine, and pets, which are generating huge demand for feed antioxidants and the presence of a large number of feed antioxidant manufacturers in the Asia-Pacific region.

    North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Feed Antioxidants Market Region

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    This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The global market is segmented into the following categories. 

    By Type

    • Synthetic Antioxidants
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: BHA, BHT, Ethoxyquin, Propyl Gallate, and Others)
    • Natural Antioxidants
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: Carotenoids, Tocopherols, Botanical Extracts, and Vitamins)

    By Animal Type

    • Poultry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cattle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Swine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aquaculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Form Type

    • Dry
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Form Type Analysis: Powders, Granules, and Beadlets)
    • Liquid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. 

    We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    Report – Features

    Market Segmentation

    04

    Regions Covered

    04

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >120

    Company Profiles

    10

     

    The following are the key features of the report:

    • Overview, industry life cycle analysis, supply chain analysis.
    • Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Trend and forecast analysis.
    • Segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, Technology launches, etc.
    • Attractive segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    Target Audience

    The following is a list of the customers that the market aims to convert the most:

    • Manufacturers
    • Suppliers
    • Distributors
    • Organizations
    • Government bodies

    Customization Option

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: 

    Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Feed antioxidants safeguard the feed nutrients in the feed such as vitamins, proteins, fats, pigments, and flavoring agents from deterioration which thus, gives nutrient security. Antioxidants are called shelf-life extenders. Feed oxidization prevention is quite imperative as it can affect animal health and performance. Feed Antioxidants are of different types, such as synthetic and natural, that are used for various animals, such as poultry, cattle, swine, and pets.

    The feed antioxidants market is expected to grow from USD 391.5 Mn in 2022 to USD 520.2 Mn by 2028.

    The market is expected to grow at a CAGR of 4.85 % during the forecast period.

    Some of the major players in the market are- Archer Daniels Midland Company, BASF SE, Bertol Company, Cargill, Koninklijke DSM N.V., Lallemand Animal Nutrition, Novus International, Oxiris Chemical, Videka Company, and Zhejiang Medicine.

    Asia-Pacific is estimated to be the largest as well as the fastest-growing feed antioxidants market during the forecast period.

    The feed antioxidants market is driven by a number of factors, including: 1. Consumers are increasingly demanding high-quality meat, dairy, and other animal products. Feed antioxidants can help to improve the quality of these products by improving feed efficiency, reducing stress on animals, and improving their overall health. 2. Farmers are becoming more aware of the importance of animal welfare and health. Feed antioxidants can help to improve animal health by reducing the risk of diseases and infections, and by boosting the immune system. 3. Processed animal feed is becoming increasingly popular due to its convenience and cost-effectiveness. Feed antioxidants can help to extend the shelf life of processed animal feed and prevent it from spoiling. 4. The market has experienced significant growth due to the increasing usage of food antioxidants in various types of ready-to-eat meals and packaged food. The increasing need for packaged food to have a longer shelf life is anticipated to be the primary driver behind the growing demand for food antioxidants in the foreseeable future.

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