Asia Pacific Feed Antioxidants Market by Antioxidant Type (Natural (Rosemary Extract, Tocopherols, Gallic Acid, Oil Seeds, Corn, Rapeseeds, and Others)), Synthetic antioxidants (Ethoxyquin, BHT, BHA, Vitamin E, Propyl Gallate, and Others), Feed Type (Broilers Pre-starter Feed, Piglets Pre-starter Feed, Cattle Pre-starter Feed, Aqua Pre-starter Feed, Pet Food, Cattle Feed, Poultry Feed, Aqua Feed, Pig Feed, Feed Premixes, and Raw Material), and  Country  

Asia Pacific Feed Antioxidants Market size was valued at USD 77.2 billion in 2021, growing at a CAGR of 7.1% during the forecast period 2022-2028. To leverage the increasing trend, the market's leading companies have focused on antioxidant research and development. The market's expansion is fuelled by rising disposable incomes and rising meat consumption. The rising feed cost is a major factor driving up demand for feed antioxidants to prevent spoilage and extend shelf life, as well as an increase in disposable incomes, which drives up demand for protein-rich foods like meat and dairy in the region. Antioxidants are used as additions in animal feeds, premixes, and fats to extend their shelf life by preventing lipid peroxidation and oxidative rancidity during production, processing, and storage. Antioxidants help to keep feed, flours, premixes, and animal fats fresh and healthy, allowing them to be stored for extended periods. Antioxidants protect them from oxidation-induced deterioration, preserving their sensory characteristics and preventing rancidity and discoloration. The feed Antioxidants Market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players, such as acquisitions, mergers, expansions, and new product launches, may enhance the company’s growth. Key Developments: In November 2021, China-based animal feed additive manufacturing company Adisseo announced the successful acquisition of Netherlands-based feed additive firm FRAmelco Group. The acquisition done by Adisseo mainly strengthens its desire to dominate the animal additives market. The company runs three plants in the Netherlands, Spain, and Thailand. Additionally, the business generates close to 30 million pounds each year In 2019, Cargill Inc. partnered with InnovaFeed to deliver the animal nutrition sector improved and sustainable feed choices. Both companies will distribute fish feed containing insect protein as part of this agreement, which will help to support the growth of sustainable aquaculture.