Key Trends Shaping the Feed Antioxidants Market

14/set/2020 15:30:38 MarketsandMarkets Contatta l'autore

The feed antioxidants market is estimated at USD 356 million in 2019 and is projected to reach USD 474 million by 2025. The global market is projected to grow at a rate of 4.9% during the forecast period. Factors such as the rise in demand for quality feed, improved technology for feed production, and an increase in the standardization of meat products stimulate the growth of the feed antioxidants market across the globe.

Feed Antioxidants Market

The BHT segment is projected to account for the largest synthetic feed antioxidants market share

Synthetic antioxidants are generally produced as pure substances with consistent composition and are applied in well-defined mixtures with pure substances. Higher stability, easy availability, and low cost of production fuel the growth of the synthetic segment in the feed antioxidants market. Also, it protects fat-soluble vitamins and other nutrients against oxidative degradation, along with the loss of active ingredients in feed. Asia Pacific is projected to be the largest and fastest-growing BHT market. This is attributed to the growth of the feed industry in the region.

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For the natural feed antioxidants market, the carotenoids segment is projected to account for the largest market share

The growing application of carotenoids in feed due to the modernization of livestock farming techniques in the swine, poultry, and aquaculture industries fuels the demand for feed antioxidants. Carotenoids help in meeting the rising demand for pork and poultry meat by enhancing the palatability of feed grades and in supplementing animals with the required nutrients for their growth.

The Asia Pacific region is projected to account for the largest market share during the forecast period.

Asia Pacific accounted for the largest share of the feed antioxidants market in 2018. Asia Pacific, being the largest continent with a relatively fast economic development, is witnessing a rising demand for meat. Consequently, to produce quality meat, feed antioxidants are gaining importance and being incorporated to prevent spoilage and increase shelf-life.

This report includes a study of marketing and development strategies along with the product portfolios of leading companies in the feed antioxidants market. It includes the profiles of leading companies such as Cargill (US), Archer Daniels Midland Company (US), Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Nutreco (Netherlands), Kemin (US), Adisseo (France), Perstorp (Sweden), Alltech (US), Caldic (Canada), Novus International (US), Chemical Fine Sciences (India), Oxiris Chemical (Spain), VDH ChemTech (India), Zhejiang Medicine (China), BTSA (Spain), Bertol Company (Czech Republic), FoodSafe Technologies (US), Videka Company (US), Lallemand Animal Nutrition (Canada), and Industrial Tecnica Pecuaria (Spain).

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Key Questions Addressed by the Report:

  • What are the growth opportunities in the feed antioxidants market?
  • What are the major and new product launches in the feed antioxidants market?
  • What are the significant trends that are disrupting the feed antioxidants market?
  • What are some of the major regulatory challenges and restraints that the industry faces?
  • Which region is projected to emerge as a global leader by 2025?
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