Feed Antioxidants Market was Valued at US$ 279.3 Mn in 2018
Global Feed Antioxidants Market was Valued at US$ 279.3 Mn in 2018, Owing to Increasing Awareness Regarding the Benefits of Antioxidants on Animal Health
Analyst Speak:
“The Global Feed Antioxidants Market was valued at US$ 279.3 Mn in 2018 and is expected to grow at a significant CAGR over six years forecast period 2019-2025 owing to growing awareness on animal health and rising price of the feed”
Precision Business Insights (PBI) in its report titled “Global Feed Antioxidants Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
The global feed antioxidants market was valued at US$ 279.3 Mn in 2018 and growing at a CAGR of 5.1% over the forecast period owing to upsurge in custom of compounded feed to offer composed nutrition to animals and increasing demand for the antioxidants in order to improve the shelf life of the feed ingredients are expected to drive the growth of the market over the forecast years. Moreover, rising cost of the feed that enhances the resistance to the diseases are expected to enhance the growth of the market. Additionally, the feed nutrients are protected from deterioration that improves the shelf life and lessens the wastage, which increases the shelf life of the feed, and thus, reduces the wastage, that fuels the growth of the market over the forecast year. However, stringent regulations and various challenges hinders the growth of the market over the future years.
Global feed antioxidants market segmented on the basis of antioxidant type, feed type, and region.
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Poultry Feed antioxidants segment accounted for higher revenue share
Based on feed type, global feed antioxidants market segmented into Broilers Pre-starter Feed, Piglets Pre-tarter Feed, Cattle Pre-starter Feed, Aqua Pre-starter Feed, Pet Food, Cattle Feed, Poultry Feed, Aqua Feed, Pig Feed, Feed Premixes, and Raw Material. Poultry feed acidifiers segment accounted for the largest market share in 2018 with respect to revenue owing to the increasing demand from the end users and increasing consumption of chicken coupled with increased health consciousness is expected to hike the growth of the market.
Asia Pacific holds leading position in Global Feed Antioxidants Market
PBI’s global feed acidifier’s market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, Asia Pacific is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to increased number of population and rising demand for the consumption of meat and meat products. Leading market players focusing on R&D to develop novel animal feed antioxidants and focus on mid and large farms to create new sales channel to drive the market over the forecast years. North America and Europe are anticipated to grow with significant CAGR over the forecast years.
Recent Developments in the Global Feed Antioxidants Market
- In January 2018, Nestle SA has stepped foot in Indian Pet Food Segment with Purina Supercoat.
Key player’s profiles in the report are Adisseo France SAS, Archer Daniels Midland Company, Cargill Inc, DSM, AllTech, Danisco, Kemin Europa, Nutreco N.V.,Novus International, Perstorp.
Detailed Segmentation
By Antioxidant Type
Natural
Rosemary Extract
Tocopherols
Gallic Acid
Oil Seeds
Corn
Rapeseeds
Others
Synthetic antioxidants
Ethoxyquin
BHT
BHA
Vitamin E
Propyl Gallate
Others
- Broilers Pre-starter Feed
- Piglets Pre-starter Feed
- Cattle Pre-starter Feed
- Aqua Pre-starter Feed
- Pet Food
- Cattle Feed
- Poultry Feed
- Aqua Feed
- Pig Feed
- Feed Premixes
- Raw Material
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
By Feed Type
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
For More Information:
https://www.precisionbusinessinsights.com/market-reports/global-feed-antioxidants-market
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