Animal Feed Antioxidants Market to Benefit from Mounting Demand of Feedstock Products across the Globe:Transparency Market Research

A new research report on the global market for animal feed antioxidants states that the market will grow moderately from US$162.4 million in 2011 to US$216.8 million by 2018, at a CAGR of 4.2% between 2012 and 2018. The report emphasizes upon the rising meat consumption and disease outbreaks in animals as the key factors driving the global animal feed antioxidants market.The report is titled “Natural and Synthetic Animal Feed Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018”. Antioxidants in animal feed, often termed as ‘shelf-life extenders’, help in protecting feed from deterioration in terms of feed nutrients such as vitamins, fats, flavoring agents, and pigments, thus providing nutrient security to animals. Oxidized feed does not only lack in essential nutrients, its consumption can also lead to reduced performance and health issues in animals.

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A globally mounting demand for livestock products such as milk, eggs, and meat is an important factor leading to increased demand for a variety of animal feed products and additives such as antioxidants. Globally, livestock farmers are focusing on higher usage of antioxidants in animal feed to improve production and reduce losses incurred due to feed deterioration, leading to positive growth prospects for the market. However, the market’s growth is objected by certain factors such as stringent government regulations regarding the nature of antioxidants and the difficulties observed while working with natural antioxidants.The report segments the global market for animal feed antioxidants according to three key criteria: product types, livestock type, and the key regional market.

The segment of product type includes the two key types of animal feed antioxidants: natural and synthetic. Natural animal feed antioxidants refer to the antioxidants formulated from a variety of raw materials such as rapeseed, corn, and numerous oilseeds. Synthetic animal feed antioxidants are manufactured as pure substances of constant composition, which are then mixed in properly defined mixtures with various pure substances.The market segment of livestock type is further segmented by the report into pork/swine, poultry, cattle, and aquaculture. Of these, the poultry feed market segment accounted for 33.95% of market share in 2011. In the same year, the market segment of pork/swine feed accounted for 27.6%.

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The Asia Pacific market, being home to the world’s largest producer of pork i.e. China, accounted for more than 50% share of the overall animal feed antioxidants market in 2011. Market shares of North America and Europe follow distant second and third leads. In the forecast period, the animal feed antioxidants market in Asia Pacific is not only projected to be the largest, but also to be the one growing at the fastest pace.

The report also presents detailed business profiles of the key vendors operating in the highly competitive global marketplace for natural and synthetic animal feed antioxidants. These include Danisco, ADM, DSM, BASF SE, ADISSEO, Alltech, Novozymes, BELDEM, Kemin Industries, Inc., AB Vista, Addcon Group Gmbh, CHR, Hansen, and Evonik Industries.

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