Animal Feed Antioxidants Market 2021| Business Revenue Forecast and Statistics, Growth Prospective, Forecasts to 2027

MARKET INTRODUCTION

Antioxidants are also commonly referred to as "shelf-life extenders." Feed antioxidants protect the deterioration of other food nutrients in the feed, such as fats, vitamins, pigments, and flavoring agents, thus ensuring animal nutritional safety. Animal feed antioxidants are additives that avoid nutritional deficiency and provide animal health benefits. Chemical antioxidants such as ethoxyquin, beta-hydroxy acid (BHA), and beta hydroxy acid (BHT), and others are used in the feed for the benefit of animals.

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MARKET DYNAMICS

With the globally increasing demand for livestock products such as meat, eggs, and milk, it is anticipated that the demand for antioxidants as feed additives would also increase. Moreover, the global livestock producers will concentrate on increasing the use of antioxidants in feed to minimize feed loss due to degradation and to save on feed inputs, which will further increase the demand for animal feed antioxidants. The increase in global meat consumption and outbreaks of disease are some of the major factors driving the growth of the market. However, strict government regulations and difficulties in working with natural antioxidants are some of the constraints on the growth of the market. There are various antioxidant companies operating in the industry with different goods and market focus. Further, the demand for animal antioxidants was highest in the poultry segment during the forecast period. Antioxidants are applied to poultry feed to increase vitamin content and reduce the number of free radicals. The growing consumption of poultry products is expected to drive the demand for antioxidants.

MARKET SCOPE

The "Global Animal Feed Antioxidants Market Analysis to 2027" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the animal feed antioxidants market with detailed market segmentation by product, application, and geography. The global animal feed antioxidants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading animal feed antioxidants market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global animal feed antioxidants market is segmented on the basis of product and application. On the basis of product the global animal feed antioxidants market is segmented into natural and synthetic. Based on application the global animal feed antioxidants market is segmented into swine, poultry, cattle, aquaculture, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global animal feed antioxidants market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The animal feed antioxidants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the animal feed antioxidants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the animal feed antioxidants market in these regions.

MARKET PLAYERS

The reports cover key developments in the animal feed antioxidants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from animal feed antioxidants market are anticipated to lucrative growth opportunities in the future with the rising demand for animal feed antioxidants in the global market. Below mentioned is the list of few companies engaged in the animal feed antioxidants market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the animal feed antioxidants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BASF
•   Cargill
•   DuPont
•   Adisseo
•   Archer Daniels Midland Company
•   Kemin Industries
•   Novozymes
•   Nutreco N.V.
•   Evonik Industries AG
•   Chr. Hansen Holdings A/S

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