- Natural
- Rosemary Extract
- Tocopherols
- Gallic Acid
- Oil Seeds
- Corn
- Rapeseeds
- Others
- Synthetic antioxidants
- Ethoxyquin
- BHT
- BHA
- Vitamin E
- Propyl Gallate
- Others
Feed antioxidants are chemicals that are added to animal feed to reduce oxidative loss of vitamins, amino acids, and pigments, as well as lipid rancidity. The availability of high-quality feed at high costs is one of the primary variables driving demand for feed antioxidants, as their use ensures the least amount of vital nutrients and lipids are lost in the feed, resulting in the availability of high-quality feed at high prices. Furthermore, the use of antioxidants reduces feed wastage due to oxidation, and increased knowledge of the benefits of feed antioxidants is also propelling the global feed antioxidants market forward. The installation of strict laws governing the use of antioxidants in animal feed, on the other hand, is stifling market growth. Market players are focusing on mergers and acquisitions, strategic alliances, and product diversification to increase the geographic presence in global Middle East and Africa market. Moreover, players are entering into distribution agreement with local pharmaceutical companies to overcome the market access barrier in developing regions.
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Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The growing production of animal feed such as oilcake, maize and fishmeal in South Africa expected to create the new avenues for antioxidants market players in the MEA region. The major geographies in the region are agrarian economics and has dearth of logistics infrastructure for transportation of various food and feed products, which will prompt the key stakeholders to adopt the effective strategies for feed preservation and there by creates the demand for feed antioxidants.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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