Feed Antioxidants Market Synopsis
Feed Antioxidants Market Size Was Valued at USD 401.58 Million in 2023, and is Projected to Reach USD 577.54 Million by 2032, Growing at a CAGR of 4.12% From 2024-2032.
The feed antioxidants are supplements of animal feed that can help to check oxidative rancidity hence improving the physical characteristics and shelf life of the feed and preserving the nutrient value. A process of oxidative rancidity results in the vulnerability of fats, vitamins, amino acids which are very vital to livestock productivity and quality. Antioxidants reduce the chances of this process thus helping the feed to maintain its energy value and palatability, the animals feed on thus leading to a balanced diet. The natural antioxidants found to be used in animal feed include, the fat soluble concentrated vitamin E and the water soluble vitamin C while the synthetic antioxidants include BHT and Ethoxyquin. Their application is crucial in the contemporary practices of animal breeding to improve growth, health status, and production characteristics of animals.
- The feed antioxidants market has rapidly developed in the past years, and the reason is very simple: the consumers started to pay more attention to the quality of animal feed and the effects of antioxidants on their animals. The world’s population has steadily increased and so has the consumption of meats and dairy products, underemployment of animals especially for food production requires good management practices. Oxidation is a cause of feed spoilage and it has to be prevented; through this antioxidants come in handy by slashing wastage, and providing fresh foods with nutrients to the animals. This has therefore resulted into a higher acceptance level of both natural and synthetic antioxidants in feeds. Also, increased government regulation and quality requirements in the food and feed industry have also boosted the application of antioxidants in feed safety and quality.
- To carry out market analysis, the market is divided into type, livestock, form, and regions. Tocopherols and carotenoids being natural antioxidant they are thus popular because of the perceived good health benefits as well as higher acceptance of natural compounds. Nevertheless, the synthetic antioxidants such as BHT and ethoxyquin are still widely used coming with the merits of being affordable and effective. The feed antioxidants consumers are the poultry and swine segments, which confirm the protein demand situation. In terms of geography, the major emphasis is on North America and Europe, due to improved production of livestock farming and higher consciousness among people. However, the region that is expected to post the higher growth rate is Asia-Pacific due to daily expansion of livestock production and development of feed industry. Market players are dedicated to the development of new products in the shape of novel antioxidant forms necessary for the modern animal feed market.
Feed Antioxidants Market Trend Analysis
Growing preference for natural antioxidants over synthetic ones
- One of the trends significant for the feed antioxidants market is the shift from the synthetic types of antioxidants to natural ones. This change is mainly occasioned by a rising awareness by the consumers as well as their rising demand for natural and organic foods which covers the livestock as well. The issue of synthetic additives in animal feed and its effects on the health of the animals, and persons who consume products from such animals is of paramount concern to the consumers. Therefore, natural feed attraction has increased, and few antioxidant ingredients such as tocopherols (vitamin E), carotenoids, and extracts from natural resources such as rosemary. These natural antioxidants are considered to be safer and more sustainable which is key characteristics in today’s world due to the Clean Label and Sustainability trends in the food industry. This trend is pressurizing feed manufacturers into conducting research aimed at improving on natural antioxidant solutions in terms of their efficacy and cost-effectiveness, which is in tandem with consumers and regulatory bodies’ changing demands.
Development and commercialization of customized antioxidant blends tailored to specific livestock needs and regional feed requirements
- One of the new trends in the feed antioxidants market refers to the creation of the new product line of the mixed feed antioxidants created taking into account the requirements of particular species of livestock and regional feed productions. As for animals, the level and the types of antioxidants related to their life processes (e. g. , growth, reproduction, lactation) are different. By coming up with line specific antioxidant solutions, there is a capacity to meet some of the problems that relate to farmers and feed producers for instance dealing with certain oxidation in specific regions or feeds.
- In these blends, such aspects like precision nutrition and data analytics can be employed to further boost the effectiveness of general and advanced training. Precision feeding entails the feeding of animals depending on the data collected from specific animals where optimum formulation of the feed is provided. Thus, using the approach combining existing precision nutrition with the development of individual antioxidant solutions for feed, highest-level feed manufacturers can cover animals’ needs maximally effectively and contribute to reducing farmers’ expenses. Thus, the given approach satisfies the increasing need for the consumption of highly specialized feed additives, as well as helps the companies expand into new segments, advancing their positions of animal nutrition market leaders and enhancing customers’ loyalty.
Feed Antioxidants Market Segment Analysis:
Feed Antioxidants Market Segmented on the basis of type, form, and animal type.
By Type, Synthetic segment is expected to dominate the market during the forecast period
- The synthetic segment is presumably to lead the total feed antioxidants market throughout the forecast period because of their effectiveness, inexpensive price, high stability and feed oxidation preventing qualities. Other synthetic antioxidants include butylated hydroxytoluene (BHT), butylated hydroxyanisole (BHA), and ethoxyquin, which are preferred especially because of their efficiency in preserving feed quality especially for a long time. While many of these compounds are effective, they are further from natural in activity and more regularly contributory to a dependable level of protection, which make them appealing to extensive-scale meat-producing corporations and feed companies.
- Also, the synthetic antioxidants have longer shelf life and higher thermal stability; therefore, its effectiveness does not change with storage and different processing conditions in the market. Hence, despite increasing awareness regarding natural antioxidants it is the synthetic feed antioxidants segment that has obtained a large market and big sales and is likely to dictate growth in the feed antioxidants market.
By Animal Type, Poultry segment expected to held the largest share
- Among the segments, the poultry segment will be dominating the feed antioxidants market share during the given time span because of the global consumption of poultry and eggs. The poultry farming however has become one of the fastest growing subsector of animal agriculture due to effective feed to meat conversion ratio and increasing demand for poultry products by the consumers. Used effectively to preserve feed quality, retain nutrients and to counter effects of oxidant in feeds, feed antioxidants are employed for maintaining bird’s health and production standard of poultry.
- Antioxidants assist in enhancing the palatability and nutritional quality of the poultry feed this is especially important in the growth, reproduction and general health of the birds. This shift has made the poultry producers to include both natural and synthetic antioxidants in poultry feed so as to satisfy the consumers’ demands as well as to produce more yields. Such high demand in the poultry segment plays a major role in the growth and supremacy of this segment in the feed antioxidants market.
Feed Antioxidants Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- The Asia Pacific area shall continue to lead the feed antioxidants market in the forecast period due to growth in the livestock and aquaculture sectors in the developing countries including China, India, and Vietnam. Trend towards urban living, growth of per capita income and change of diet preferences especially towards animal protein has led to high demand for animal protein that creates pressure in search for better quality animal feed. Through expansion of livestock population to feed the increasing population, efficiency and sustainability of feed antioxidants is of great importance to feed quality and animal health in the region.
- Additionally, increased manufacturing capabilities of the feed and implementation of improved farming practices in the Asia Pacific region acts as a driver to the market. Governments and the industries are also investing more money in research and development on how better feed formulation could be produced which in turn boosts up the productivity of the livestock products to be produced. Therefore, Asia Pacific has emerged as the most prospective market for feed antioxidants worldwide owning to the leading position of the region in the constant expansion of the demand for animal protein across the world.
Active Key Players in the Feed Antioxidants Market
- Adisseo (France)
- ADM Animal Nutrition (United States)
- Alltech, Inc. (United States)
- BASF SE (Germany)
- Cargill, Incorporated (United States)
- Chr. Hansen Holding A/S (Denmark)
- Danisco A/S (Denmark)
- DSM Nutritional Products (Netherlands)
- DuPont de Nemours, Inc. (United States)
- Evonik Industries AG (Germany)
- Kemin Industries, Inc. (United States)
- Novozymes A/S (Denmark)
- Nutreco N.V. (Netherlands)
- Perstorp Holding AB (Sweden)
- Vitablend Nederland B.V. (Netherlands), and Other key Players.
Global Feed Antioxidants Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 401.58 Mn. |
Forecast Period 2024-32 CAGR: |
4.12 % |
Market Size in 2032: |
USD 577.54 Mn. |
Segments Covered: |
By Type |
|
|
By Form |
|
||
By Animal Type |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Feed Antioxidants Market by Type
4.1 Feed Antioxidants Market Snapshot and Growth Engine
4.2 Feed Antioxidants Market Overview
4.3 Synthetic
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Synthetic: Geographic Segmentation Analysis
4.4 Natural
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Natural: Geographic Segmentation Analysis
Chapter 5: Feed Antioxidants Market by Form
5.1 Feed Antioxidants Market Snapshot and Growth Engine
5.2 Feed Antioxidants Market Overview
5.3 Dry
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Dry: Geographic Segmentation Analysis
5.4 Liquid
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Liquid: Geographic Segmentation Analysis
Chapter 6: Feed Antioxidants Market by Animal Type
6.1 Feed Antioxidants Market Snapshot and Growth Engine
6.2 Feed Antioxidants Market Overview
6.3 Poultry
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Poultry: Geographic Segmentation Analysis
6.4 Cattle
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Cattle: Geographic Segmentation Analysis
6.5 Swine
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Swine: Geographic Segmentation Analysis
6.6 Aquaculture
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Aquaculture: Geographic Segmentation Analysis
6.7 Pets
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Pets: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Feed Antioxidants Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ADISSEO (FRANCE)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 ADM ANIMAL NUTRITION (UNITED STATES)
7.4 ALLTECH INC (UNITED STATES)
7.5 BASF SE (GERMANY)
7.6 CARGILL INCORPORATED (UNITED STATES)
7.7 CHR HANSEN HOLDING A/S (DENMARK)
7.8 DANISCO A/S (DENMARK)
7.9 DSM NUTRITIONAL PRODUCTS (NETHERLANDS)
7.10 DUPONT DE NEMOURS INC (UNITED STATES)
7.11 EVONIK INDUSTRIES AG (GERMANY)
7.12 KEMIN INDUSTRIES INC (UNITED STATES)
7.13 NOVOZYMES A/S (DENMARK)
7.14 NUTRECO NV (NETHERLANDS)
7.15 PERSTORP HOLDING AB (SWEDEN)
7.16 VITABLEND NEDERLAND BV (NETHERLANDS)
7.17 OTHER KEY PLAYERS
Chapter 8: Global Feed Antioxidants Market By Region
8.1 Overview
8.2. North America Feed Antioxidants Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Synthetic
8.2.4.2 Natural
8.2.5 Historic and Forecasted Market Size By Form
8.2.5.1 Dry
8.2.5.2 Liquid
8.2.6 Historic and Forecasted Market Size By Animal Type
8.2.6.1 Poultry
8.2.6.2 Cattle
8.2.6.3 Swine
8.2.6.4 Aquaculture
8.2.6.5 Pets
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Feed Antioxidants Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Synthetic
8.3.4.2 Natural
8.3.5 Historic and Forecasted Market Size By Form
8.3.5.1 Dry
8.3.5.2 Liquid
8.3.6 Historic and Forecasted Market Size By Animal Type
8.3.6.1 Poultry
8.3.6.2 Cattle
8.3.6.3 Swine
8.3.6.4 Aquaculture
8.3.6.5 Pets
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Feed Antioxidants Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Synthetic
8.4.4.2 Natural
8.4.5 Historic and Forecasted Market Size By Form
8.4.5.1 Dry
8.4.5.2 Liquid
8.4.6 Historic and Forecasted Market Size By Animal Type
8.4.6.1 Poultry
8.4.6.2 Cattle
8.4.6.3 Swine
8.4.6.4 Aquaculture
8.4.6.5 Pets
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Feed Antioxidants Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Synthetic
8.5.4.2 Natural
8.5.5 Historic and Forecasted Market Size By Form
8.5.5.1 Dry
8.5.5.2 Liquid
8.5.6 Historic and Forecasted Market Size By Animal Type
8.5.6.1 Poultry
8.5.6.2 Cattle
8.5.6.3 Swine
8.5.6.4 Aquaculture
8.5.6.5 Pets
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Feed Antioxidants Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Synthetic
8.6.4.2 Natural
8.6.5 Historic and Forecasted Market Size By Form
8.6.5.1 Dry
8.6.5.2 Liquid
8.6.6 Historic and Forecasted Market Size By Animal Type
8.6.6.1 Poultry
8.6.6.2 Cattle
8.6.6.3 Swine
8.6.6.4 Aquaculture
8.6.6.5 Pets
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Feed Antioxidants Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Synthetic
8.7.4.2 Natural
8.7.5 Historic and Forecasted Market Size By Form
8.7.5.1 Dry
8.7.5.2 Liquid
8.7.6 Historic and Forecasted Market Size By Animal Type
8.7.6.1 Poultry
8.7.6.2 Cattle
8.7.6.3 Swine
8.7.6.4 Aquaculture
8.7.6.5 Pets
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Feed Antioxidants Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 401.58 Mn. |
Forecast Period 2024-32 CAGR: |
4.12 % |
Market Size in 2032: |
USD 577.54 Mn. |
Segments Covered: |
By Type |
|
|
By Form |
|
||
By Animal Type |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Feed Antioxidants Market research report is 2024-2032.
Adisseo (France), ADM Animal Nutrition (United States), Alltech, Inc. (United States), BASF SE (Germany), Cargill, Incorporated (United States) and Other Major Players.
The Feed Antioxidants Market is segmented into Type, Form, Animal Type, and region. By Type, the market is categorized into Synthetic and natural. By Form, the market is categorized into Dry, Liquid. By Animal Type, the market is categorized into Poultry, Cattle, Swine, Aquaculture, Pets. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The feed antioxidants are supplements of animal feed that can help to check oxidative rancidity hence improving the physical characteristics and shelf life of the feed and preserving the nutrient value. A process of oxidative rancidity results in the vulnerability of fats, vitamins, amino acids which are very vital to livestock productivity and quality. Antioxidants reduce the chances of this process thus helping the feed to maintain its energy value and palatability, the animals feed on thus leading to a balanced diet. The natural antioxidants found to be used in animal feed include, the fat soluble concentrated vitamin E and the water soluble vitamin C while the synthetic antioxidants include BHT and Ethoxyquin. Their application is crucial in the contemporary practices of animal breeding to improve growth, health status, and production characteristics of animals.
Feed Antioxidants Market Size Was Valued at USD 401.58 Million in 2023, and is Projected to Reach USD 577.54 Million by 2032, Growing at a CAGR of 4.12% From 2024-2032.