Report Description

Global Feed Antioxidants market is anticipated to grow significantly through 2028 owing to growing consumption of livestock-based products. In 2021, 30 billion pounds of beef was consumed in the United States.

Global Feed Antioxidants market is expected to expand during the forecast period owing to growing consumption of livestock-based products as increasing demand for meat, dairy goods, eggs, and other products. Feed antioxidants additives are added to animal feeds which help to increase the shelf life of feed by preventing unnecessary oxidation in finished feeds and animal guts in most sources. Antioxidants also help to prevent damage to cells, to reduce the singlet oxygen, as well as providing oxidation protection to feed by enhancing shelf life along with ensuring safety and quality. Along with this, these products are capable of protecting nutritional supplements in the feed from deterioration, which majorly includes fats, vitamins, and pigments. Therefore, use of feed antioxidants in animal feed fuels the growth of the market during the forecast period.

Increasing Consumption and Demand of Livestock-Based Products

Livestock-based products include eggs, dairy goods, and meat products. Consumption of animal products will increase only when consumers’ demand for staple foods (starchy meals and other foods with a plant origin) are met. Increasing demand for resources to produce animal goods will result from greater use of animal products, competing with the usage of grains for human direct consumption as well as other agricultural products.

For instance, in 2020, according to the U.S. Department of Agriculture (USDA) data, dairy consumption in America, in 2020, was around 655 pounds of dairy in cheese, milk, butter, yogurt, ice cream, and other wholesome and nutritious dairy foods.

The addition of feed antioxidants to livestock products in various forms, such as concentrates, premixes and supplements. Premixes are blends of feed ingredients that contain a specific number of vitamins, minerals, and other nutrients, including antioxidants. Concentrates are highly digestible sources of energy and protein that can be mixed with other feed ingredients to create a complete diet. Supplements are usually in the form of pellets or powders that are added to feed to provide additional nutrients.

For instance, In 2021, Kemin Industries produced Paradigmox Green, a new antioxidant solution for the organic livestock production industry in the EMENA (Europe, Middle East, North Africa) region.

Therefore, increasing demand and consumption of livestock-based products drive the growth of the market during the forecast period.


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Rise in Compound Feed Production

In the animal agriculture sector, compound feed is frequently utilized since it offers a practical and affordable solution to address the dietary demands of animals. Compound feed production has been steadily increasing due to the growing demand for animal protein, increasing livestock and poultry populations, and the adoption of modern animal production practices. Animals continue to contribute significantly to the world's food supply. Animal feeds have thus grown in importance as a part of the integrated food chain.

For instance, according to IFIF, in 2020, Compound feed production in the USA was more than 215.79 MT.

The capacity to fulfil the increasing demand for animal protein in the form of eggs, milk, meat, and various other animal-based products depends in a significant way on the steady supply of appropriate, affordable, safe compound feeds. As a result of the enormous increase in demand for animal products, there is a rising need for new feed supplies, resources, and substitutes. Increasing demand for high quality feed from various industries such as broilers, pig, and the dairy industry observes a significant and healthy expansion in these industries, leading to increasing feed output. Many feed producers use antioxidants in animal feed because they act as additives in animal feeds which help to increase the shelf life of feed by preventing unnecessary oxidation in finished feeds and animal guts in most sources. This in turn increases the sale and demand of antioxidants from various animal feed producers.

For instance, according to Alltech Agri-Food Outlook 2022, it is estimated that international feed production has increased by 2.3% as compared to the feed produced in 2021.

Moreover, several manufacturing companies are adopting new manufacturing technologies, such as encapsulation and microencapsulation, to improve the stability and bioavailability of feed antioxidants. Encapsulation is a process of enclosing the feed antioxidant in a protective coating to prevent oxidation and degradation, while microencapsulation involves reducing the size of the feed antioxidant particles to improve their absorption and effectiveness. These technologies can also increase the shelf life of feed antioxidant products and reduce their environmental impact.

Moreover, use of feed antioxidants in aquaculture is increasing, driven by the growing demand for high-quality seafood and the increasing focus on sustainable aquaculture practices. Feeding antioxidants can improve the growth, survival, and health of aquatic animals, reduce the risk of diseases, and increase the shelf life of seafood products. Several companies, such as BASF and DSM, are investing in research and development to develop feed antioxidant products for the aquaculture industry.

For instance, Kemin produced a highly efficient antioxidant product by name of Paradigmox which are suitable for all aquaculture feed applications.

Therefore, the increasing production of compound feed is due to the growing demand for animal protein and food, which is expected to drive the growth of the market during the forecast period.

Natural will be the Key Type

Growing demand for natural feed antioxidants, such as plant extracts and essential oils in the feed as well as consumers are increasingly looking for natural and organic animal products. Natural feed antioxidants are considered safer and more sustainable alternatives to synthetic antioxidants, which can have potential health and environmental risks. The use of natural feed antioxidants can also enhance animal health and welfare, improve meat quality, and increase the shelf life of animal products. In addition, carotenoids are essential naturally occurring antioxidants with pigmenting capabilities play, which plays an important role in poultry farming and aquaculture is their ability to improve the color of egg yolk, chicken skin and fish flesh.

For instance, DSM produced carotenoids solutions which play a key role in supporting animal health and animal reproduction.

Furthermore, many research institutes in Turkey, use Pinus brutia, commonly known as Turkish Red Pine as a useful source of natural antioxidants in the broiler diets which help to enhance their antioxidant capacity without altering their performance.

Additionally, synthetic feed antioxidants are usually manufactured as pure compounds with a regular composition and used in well-defined combinations with other pure substances which provide immense stability, ease of availability, increased shelf life, and low cost of manufacture.

For instance, Kemin produced synthetic feed antioxidants which help to control oxidation during all phases of the pet food manufacturing and rendering processes.

All these factors increase the demands of global Feed Antioxidants market during the forecast period.

However, due to presence of alternative substitutes that can provide similar benefits to animal health and welfare as some companies are developing feed additives that can enhance the gut health of animals, while others are focusing on developing natural feed ingredients, such as herbs and spices, that can provide antioxidant and anti-inflammatory properties. Along with this, use of synthetic antioxidants can also have potential health risks and environmental impacts, as they can contaminate the environment and harm aquatic and terrestrial organisms, thereby restraining the growth of the market. Moreover, raw materials used in the production of feed antioxidants, such as vitamins, minerals, and plant extracts, are subject to price volatility and availability issues due to fluctuations in raw material prices, which can impact the production costs and pricing of feed antioxidant products which slow down the market growth.

Recent Developments

  • In February 2023, Royal DSM, a global purpose-led science-based company, confirms that it is resuming Vitamin A production in Sisseln, Switzerland.
  • Kemin Industries has expanded its encapsulation production site in Cavriago, Italy in November 2022.
  • In June 2022, DSM acquires Brazil’s leading animal nutrition technology company to boost precision services offering.
  • BASF expanded the production capacity for its antioxidant Irganox 1010 at Jurong Island, Singapore, by integrating an additional production line into the existing production facilities in May 2022.

Market Segmentation

Global Feed Antioxidants market is segmented based on type, livestock, form, and region. Based on type, the market is further bifurcated into natural and synthetic. Based on livestock, the market is further fragmented into poultry, ruminants, swine, aquatic animals, and others. Based on form, the market is further split into dry and liquid. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.

Company Profiles

Koninklijke DSM N.V., BASF SE, Cargill, Incorporated., Alltech Inc., Oxiris Chemicals, SA, Btsa Biotecnologias Aplicadas SL, Kaesler Nutrition GmbH, LALLEMAND Inc, VDH Chem Tech Pvt. Ltd., Simfa Labs Pvt. Ltd. are some of the key players in the Global Feed Antioxidants Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Type

Livestock

Form

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China, India, South Korea, Japan, Singapore, Brazil, Argentina, South Africa, Saudi Arabia, UAE

Key companies profiled

Koninklijke DSM N.V., BASF SE, Cargill, Incorporated., Alltech Inc., Oxiris Chemicals, SA, Btsa Biotecnologias Aplicadas SL, Kaesler Nutrition GmbH, Lallemand Inc, VDH Chem Tech Pvt. Ltd., Simfa Labs Pvt. Ltd.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global Feed Antioxidants market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • Feed Antioxidants Market, By Ingredient Type:
    • Natural
    • Synthetic
  • Feed Antioxidants Market, By Livestock:
    • Poultry
    • Ruminants
    • Swine
    • Aquatic Animals
    • Others
  • Feed Antioxidants Market, By Form:
    • Dry
    • Liquid
  • Feed Antioxidants Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Singapore
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in the global Feed Antioxidants market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Feed Antioxidants Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Feed Antioxidants Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Natural, Synthetic)

5.2.1.1.        Natural (Botanical extracts, Carotenoids, Vitamins, Others)

5.2.1.2.        Synthetic (Butylated Hydroxyanisole, Propyl gallate, Others)

5.2.2.    By Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Others)

5.2.3.    By Form (Dry, Liquid)

5.2.4.    By Region (North America, Europe, Asia Pacific, South America, Middle East &     Africa)

5.2.5.    By Company (2022)

5.3.  Market Map

5.3.1.    By Type

5.3.2.    By Livestock

5.3.3.    By Form

5.3.4.    By Region

6.    North America Feed Antioxidants Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Livestock

6.2.3.    By Form

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Feed Antioxidants Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Livestock

6.3.1.2.3.           By Form

6.3.2.    Mexico Feed Antioxidants Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Livestock

6.3.2.2.3.           By Form

6.3.3.    Canada Feed Antioxidants Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Livestock

6.3.3.2.3.           By Form

7.    Europe Feed Antioxidants Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Livestock

7.2.3.    By Form

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    France Feed Antioxidants Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Livestock

7.3.1.2.3.           By Form

7.3.2.    Germany Feed Antioxidants Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Livestock

7.3.2.2.3.           By Form

7.3.3.    United Kingdom Feed Antioxidants Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Livestock

7.3.3.2.3.           By Form

7.3.4.    Spain Feed Antioxidants Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Livestock

7.3.4.2.3.           By Form

7.3.5.    Italy Feed Antioxidants Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Livestock

7.3.5.2.3.           By Form

8.    Asia-Pacific Feed Antioxidants Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Livestock

8.2.3.    By Form

8.2.4.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Feed Antioxidants Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Livestock

8.3.1.2.3.           By Form

8.3.2.    India Feed Antioxidants Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Livestock

8.3.2.2.3.           By Form

8.3.3.    South Korea Feed Antioxidants Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Livestock

8.3.3.2.3.           By Form

8.3.4.    Japan Feed Antioxidants Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Livestock

8.3.4.2.3.           By Form

8.3.5.    Singapore Feed Antioxidants Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Livestock

8.3.5.2.3.           By Form

9.    South America Feed Antioxidants Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Livestock

9.2.3.    By Form

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Feed Antioxidants Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Livestock

9.3.1.2.3.           By Form

9.3.2.    Argentina Feed Antioxidants Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Livestock

9.3.2.2.3.           By Form

10. Middle East and Africa Feed Antioxidants Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Livestock

10.2.3. By Form

10.2.4. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Feed Antioxidants Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Livestock

10.3.1.2.3.         By Form

10.3.2. Saudi Arabia Feed Antioxidants Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Livestock

10.3.2.2.3.         By Form

10.3.3. UAE Feed Antioxidants Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Livestock

10.3.3.2.3.         By Form

11. Market Dynamics

11.1.             Drivers

11.1.1. Increasing demand for compound feed

11.1.2. Growing demand and consumption of Livestock-based products

11.1.3. Rising awareness regarding animal nutrient & health of livestock

11.2.             Challenges

11.2.1. Availability of alternative substitutes

11.2.2. Fluctuation in raw material prices

12. Market Trends & Developments

12.1.             Product Launches

12.2.             Mergers & Acquisitions

12.3.             Technological Advancements

13. Global Feed Antioxidants Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             Business Overview

15.2.             Product Offerings

15.3.             Recent Developments

15.4.             Financials (In Case of Listed Companies)

15.5.             Key Personnel

15.5.1. Koninklijke DSM N.V.

15.5.2. BASF SE

15.5.3. Cargill, Incorporated.

15.5.4. Alltech Inc.

15.5.5. Oxiris Chemicals, SA

15.5.6.