Europe Feed Antioxidants Market: By Antioxidant Type (Natural (Rosemary Extract, Tocopherols, Gallic Acid, Oil Seeds, Corn, Rapeseeds, Others), (Synthetic antioxidants (Ethoxyquin, BHT, BHA, Vitamin E, Propyl Gallate, Others), By 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, Raw Material), and Country

Europe Feed Antioxidants Market size was valued at US$ 60.8 million in 2023, growing at a high CAGR of 5.8% from 2024 to 2030 to reach US$ 90.2 million by 2030. Farmers are forced to incorporate quality compound feed substances for their livestock due to government policies and the growth of feed additives such as feed antioxidants. To meet the growing demand for meat and meat products, farmers must incorporate quality compound feed substances for their livestock. Developing countries consume enormous amounts of meat due to changes in dietary habits, and higher disposable incomes drive the market in the region. The 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 companys growth. For instance, In February 2022, Alltech and DLG Group (DLG) have partnered up to assist cattle producers in Scandinavia (Europe) increase their profitability and efficiency. Alltech and DLG are nearing completion on the acquisition of Karki-Agri. This Finnish company will increase its offering of innovative, field-proven animal nutrition while also expanding its feed oxidants range. However, fewer investments by a large group of small-scale farmers and stringent government regulations hamper the market growth.  

Key Developments

In April 2022, Kemin Industries introduced a new antioxidant solution, Paradigmox Green, a fully natural blend suitable for the organic livestock production industry in the EMENA (Europe, Middle East, North Africa) region.