Antioxidants are compounds such as vitamin, mineral, nutraceutical, or herb that protects animals against cellular damage from reactive oxygen species, including single oxygen atoms, free radicals, and hydrogen peroxide. Various types of antioxidants use for animals include ascorbic acid (Vitamin C), alpha-tocopherol (Vitamin E), beta-carotene, and enzymes such as glutathione peroxidase, catalase, and superoxide dismutase. Supplementation with antioxidants is beneficial to any chronic inflammatory condition in animals.
MARKET DYNAMICS
The feed antioxidants market has witnessed significant growth owing to factors such as growth in feed production and implementation of innovative animal husbandry practices to improve meat quality. Growth in demand for animal-based products is projected to boost product demand. Rapid demand from the poultry and aquafeed sectors is projected to provide a huge market opportunity for the key players operating in the market. However, the high cost of natural antioxidants is is projected to hamper the overall growth of the feed antioxidants market.
MARKET SCOPE
The "Global Feed Antioxidants Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the feed antioxidants market with detailed market segmentation by type, form, livestock type and geography. The global 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 feed antioxidants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed antioxidants market is segmented on the basis of type, form, and livestock type. On the basis of type, the feed antioxidants market is segmented into synthetic and natural. The synthetic segment is further divided into BHT, BHA, ethoxyquin, propyl gallate, and others. The natural segment is divided into carotenoids, tocopherols, botanical extracts, and vitamins. Based on form the global feed antioxidants market is divided into dry and liquid. Based on livestock type the global feed antioxidants market is divided into pork/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 feed antioxidants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The 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 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 feed antioxidants market in these regions.
MARKET PLAYERS
The reports cover key developments in the 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 feed antioxidants market are anticipated to lucrative growth opportunities in the future with the rising demand for feed antioxidants in the global market. Below mentioned is the list of few companies engaged in the feed antioxidants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 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.
- AB Vista
- Adisseo
- ADM
- BASF SE
- BTSA
- DSM Nutritional Product, LLC
- DuPont
- Kemin Industries
- Novozymes
- Zhejiang Medicine Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.