Natural
and Synthetic & animal feed antioxidants demand was over USD
162.0 million in 2011 and is expected to reach USD 216.8 million by
2019, growing at a CAGR of 4.2% from 2013 to 2019.
Browse the full report with Complete TOC athttp://www.transparencymarketresearch.com/animal-feed-antioxidants.html.
The global animal feed antioxidants market is witnessing growth due to rise in global meat consumption. Moreover, increasing concerns regarding safety of the feed and animal health has resulted in a surge in demand for feed antioxidants. Therefore, the animal feed antioxidant market in terms of volume is estimated to grow at a CAGR of 3.6% from 2013 to 2019.
Demand for animal feed antioxidants was highest in the poultry segment which occupied 34.0% share in the global market in 2011, followed by pork/swine and cattle sector. The consumption of antioxidants by the poultry segment is estimated to grow at a CAGR of 3.8% from 2013 to 2019. These three livestock sectors require plenty of antioxidants in their feed to enhance the feed conversion ratio and to prevent the feed from oxidation to maintain its nutritional value and are expected to maintain their dominance for the next five years.
Asia Pacific accounted for more than 50% of the total animal feed antioxidants market in 2011, followed by North America and Europe. Asia Pacific is also estimated to be the fastest growing market both in terms of revenue and volume. This dominance is driven by high feed wastage, on account of the oxidation process due to the humid climate. Thus Asian consumers are constantly looking for newer and better antioxidant feeds which would have a longer shelf life.
There is a changing consumer preference for natural additives over synthetic additives owing to the aspiration of improving overall health, and due to awareness about the harmful effects of synthetic additives. Natural antioxidants are also gaining momentum in the market, driven by the need to replace synthetic and artificial antioxidants to have cleaner and healthier products. In spite of their higher cost and limitation, the market for natural antioxidants is witnessing growth. Volume consumption of natural animal feed antioxidants is estimated to exhibit CAGR of 4.0% from 2013 to 2019. The market for synthetic feed antioxidants is expected to grow at a CAGR of 3.2% from 2013 to 2019. Companies such as BASF SE, ADM and Danisco are some of the major players in this market.
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Browse the full report with Complete TOC athttp://www.transparencymarketresearch.com/animal-feed-antioxidants.html.
The global animal feed antioxidants market is witnessing growth due to rise in global meat consumption. Moreover, increasing concerns regarding safety of the feed and animal health has resulted in a surge in demand for feed antioxidants. Therefore, the animal feed antioxidant market in terms of volume is estimated to grow at a CAGR of 3.6% from 2013 to 2019.
Demand for animal feed antioxidants was highest in the poultry segment which occupied 34.0% share in the global market in 2011, followed by pork/swine and cattle sector. The consumption of antioxidants by the poultry segment is estimated to grow at a CAGR of 3.8% from 2013 to 2019. These three livestock sectors require plenty of antioxidants in their feed to enhance the feed conversion ratio and to prevent the feed from oxidation to maintain its nutritional value and are expected to maintain their dominance for the next five years.
Asia Pacific accounted for more than 50% of the total animal feed antioxidants market in 2011, followed by North America and Europe. Asia Pacific is also estimated to be the fastest growing market both in terms of revenue and volume. This dominance is driven by high feed wastage, on account of the oxidation process due to the humid climate. Thus Asian consumers are constantly looking for newer and better antioxidant feeds which would have a longer shelf life.
There is a changing consumer preference for natural additives over synthetic additives owing to the aspiration of improving overall health, and due to awareness about the harmful effects of synthetic additives. Natural antioxidants are also gaining momentum in the market, driven by the need to replace synthetic and artificial antioxidants to have cleaner and healthier products. In spite of their higher cost and limitation, the market for natural antioxidants is witnessing growth. Volume consumption of natural animal feed antioxidants is estimated to exhibit CAGR of 4.0% from 2013 to 2019. The market for synthetic feed antioxidants is expected to grow at a CAGR of 3.2% from 2013 to 2019. Companies such as BASF SE, ADM and Danisco are some of the major players in this market.
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
