North America 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 Geography

 

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North America Feed Antioxidants Market is expected to be worth USD 102.8 million in 2021, growing at a high CAGR of 6.5% from 2022 to 2028 to reach USD 159.7 million by 2028. According to the United States Department of Agriculture, animal meat consumption increased steadily from 2016 to 2018. The livestock industry's industrialization, which is developing at a healthy rate, is a primary driving force. The market in the region is driven by increased farmer awareness of the benefits of antioxidants, increased consumption of chicken due to religious acceptability, and increased need for protein. Synthetic Antioxidants have a market revenue share of 62.9% in 2021, and it is expected to grow at a CAGR of 6.7% from 2022 to 2028. Higher stability, easy availability, and low cost of production of synthetic antioxidants lead to high demand in the market. Poultry food will have a significant market revenue share, expected to grow at a CAGR of 5.8% from 2022 to 2028. However, increasing the cost of the final product, government regulations hamper Feed Antioxidants in the market

key developments:

Oxiris chemicals introduced Naturol, a new antioxidant brand based on natural tocopherol extracts that aim to be a cost-effective and efficient solution for manufacturers looking for high-performance antioxidant and natural-based additives.

North America Feed Antioxidants Market Summary

Study Period

2023-29

Base Year

2022

CAGR

6.5%

Largest Market

N/A

Fastest Growing Market

N/A
North America Feed Antioxidants Market Dynamics Growth

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. In January 2018, Kemin acquired the assets of its longtime distributor, Agri-Marketing Corp., and has smoothly integrated this business into Kemin Animal Nutrition and Health resulting in increased market growth in Canada.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

North America Feed Antioxidants Market Segmentation

Antioxidant Type
  • Natural
  • Synthetic antioxidants
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
Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA
LOCATION

Geography

Frequently Asked Questions

The north america feed antioxidants market is projected to expand at a CAGR of 6.5% during the forecast period

NOVUS INTERNATIONAL, Kemin Industries, Inc., BASF SE, Impextraco NV, Cargill, DuPont, Perstorp, Nutreco, Alltech, Adisseo, DSM, Archer Daniels Midland Company

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  • NOVUS INTERNATIONAL
  • Kemin Industries, Inc.
  • BASF SE
  • Impextraco NV
  • Cargill
  • DuPont
  • Perstorp
  • Nutreco
  • Alltech
  • Adisseo
  • DSM
  • Archer Daniels Midland Company