Animal Feed Antioxidants Market size worth US$614.943 million by 2029
The animal feed antioxidants market is expected to grow at a CAGR of 3.71% during the forecasted period, with a market valuation of US$512.612 million in 2024, and is expected to reach US$614.943 million by 2029.
The animal feed antioxidants market is driven by the increasing consumption of meat and dairy products, the growing focus on animal health, and the rising awareness of feed quality accompanied by stringent regulations.
As per the report, the animal feed antioxidants market is expected to grow significantly.
Animal feed antioxidants are substances added to avoid oxidation, which can cause decay and rancidity in feed ingredients. They neutralize destructive free radicals, ensuring the protection of the feed’s supplements and keeping up its quality. Antioxidants progress feed quality preventing the oxidation of fats and oils and protecting dietary value. Moreover, they improve animal well-being by securing cells and tissues from oxidative stress. Antioxidants expand the shelf life of animal feed, decreasing waste and saving costs. The animal feed antioxidants market is increasing due to variables such as expanding requirements for animal-based products, urbanization, and changing dietary preferences. Antioxidants work in preventing illnesses, progress feed productivity, and contribute to more secure and more beneficial food items. They moreover prevent feed from deterioration and rancidity, protecting its nutritional value, further the aquaculture industry is extending due to rising fish utilization, which intensely depends on feed additives like antioxidants. Governments are executing stricter directions on feed safety to advance the utilization of antioxidants. Innovative advancements, such as new antioxidant formulations and progressed delivery systems, are fuelling market expansion globally. For instance, in May 2024, Layn Natural Ingredients presented ®, a plant-based antioxidant additive for pet nourishment namely, SophorOx, developed to combat oxidative stress and help weight management in pets. Inferred from Sophora Japonica, it addresses joint, weight, and stomach-related issues of pets. Similarly, in October 2023, Lallemand Animal Nutrition launched LALPROBIOME, a new platform of innovative microbial solutions for pets, incorporating probiotics, postbiotics, antioxidants, and prebiotics permitting for customization and separation in pet food, treats, and supplements.
Based on the type, the animal feed antioxidants market is categorized into natural and synthetic. Synthetic antioxidants rule the market of animal feed antioxidants as of now due to factors such as cost-effectiveness, standardized viability, and higher antioxidant capacity. However, there is a shift in trend as buyers’ inclination toward natural products is rising, including animal-derived food, expanding the necessity for natural antioxidants in animal feed. This move is driven by the developing inclination for animal-derived food and the requirement for steady quality and dose during the production of the feed antioxidants.
The market of animal feed antioxidants by livestock can be categorized into poultry, swine, cattle, and others. Poultry is anticipated to dominate the animal feed antioxidants market during the forecasted period due to its high metabolic rate, rising demand for poultry meat and eggs which requires higher amounts of feed additives including antioxidants, and increasing concerns about feed quality. Antioxidants offer assistance to protect cells from damage and preserve feed quality due to their high fat content leading to a rise in their demand for poultry animals.
The animal feed antioxidants market has developed significantly in the Asia Pacific region. This is due to the growing population and rising disposable incomes in Asian nations which have led to a increased demand for protein-rich foods. Moreover, Asian countries have a large livestock population that requires sufficient feed, and antioxidants as they are vital for their quality of preserving feed. Mindfulness about animal wellbeing and health is increasing, and antioxidants progress immunity and in general health. Government support in advancing livestock improvement indirectly boosts the requirement for antioxidants in feed additives of animals.
The animal feed antioxidants market is supported by key players such as BASF, DuPont, Cargill, Incorporated, Kemin Industries, Inc., BTSA, Eastman Chemical Company, Alltech, Adisseo (China National Bluestar (Group) Co, Ltd.), Novozymes A/S (Novo Holdings A/S), and Koninklijke DSM N.V.
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This analytics report segments the animal feed antioxidants market on the following basis:
- By Type
- Natural
- Synthetic
- By Livestock
- Poultry
- Swine
- Cattle
- Others
- By Geography
- Americas
- USA
- Brazil
- Others
- Europe Middle East and Africa
- United Kingdom
- Germany
- France
- Others
- Asia Pacific
- China
- Japan
- India
- Others
- Americas
