Animal Feed Antioxidants Market Report

The availability of domestic cattle and the expected growth in meat production as a result of consumers' rising awareness of the benefits of eating foods high in protein are both anticipated to have a significant impact on the animal feed antioxidants market. Asia Pacific is anticipated to have exciting growth prospects. This increase can be attributed to the expanding economies of developing nations, which have raised peoples' disposable incomes and, consequently, their demand for wholesome food. The main cause of the rise in demand is the expansion of poultry farming to satisfy the rising demand for chicken meat and eggs around the globe. The demand for poultry products is significantly influenced by factors such as income and population. Packaged chicken feed is expected to develop more quickly than traditional poultry feed, providing new commercial opportunities for market participants. Due to the quality and cost of feed products becoming one of the most significant market determinants, suppliers are important to the poultry feed industry. The increased need for these antioxidants in the manufacturing of high-quality animal feed to promote cattle growth and reduce the occurrence of diseases is anticipated to drive market expansion. Other elements that significantly contribute to the market's expansion are the abundance of antioxidants and their low price. The market for natural antioxidants is booming because there is an increasing demand to substitute synthetic antioxidants. Natural animal feed antioxidants are expected to increase dramatically over the forecast period.

A variety of unfavourable circumstances significantly restrict the global market for animal feed antioxidants. One of the primary things that is expected to hamper the market growth of animal feed antioxidants is the existence of stringent government rules governing the manufacture of antioxidant feeds. Two significant reasons that are expected to limit the growth of the animal feed antioxidants market are the strengthening of vegan tendencies and the rising vegan population.

Growing concerns about animal health and feed safety are driving the market for antioxidants in animal feed. Antioxidants are being developed by companies to increase the nutritional value and shelf life of feeds. Dairy market participants might expect significant opportunities as a result of rising demand. Two food companies agreed to buy Sanderson Farms, LLC, a US-based corporation, in August 2021. To complete the acquisition, Cargill, Inc. and Continental Grain Company agreed to pay Sanderson Farms, LLC a total of US$ 4.53 Bn. Bluestar Adisseo announced the successful acquisition of FRAmelco B.V. in November 2020. Bluestar Adisseo made the acquisition primarily to fuel its desire to control the animal additives market. For the EMENA (Europe, Middle East, North Africa) region's organic livestock production sector, Kemin Industries, Inc introduced Paradigmox Green in April 2021. Cosphaderm Tapmix, a brand-new, powerful antioxidant blend, was introduced in April 2021 by Cosphatec GmbH. This new product is a natural antioxidant combination with unique features that offer the best possible product protection and simplicity of use. It accelerates the overall market growth for antioxidants in animal feed.

Due to growing concerns over disease outbreaks like BSE in bovine species, it is expected that there would be a rise in demand for antioxidants in animal feed for cattle. The sectors with the fastest predicted growth rates are dairy and poultry. This rise in demand for high-protein meals can be attributed to consumers' increased health consciousness. Both pathogenic avian influenza and swine flu are now more common. There has been a small mutation in these viruses. Some think there is a chance for transmission from animal to human after a mutation. This accelerates the growth of the animal feed antioxidants market as a whole. Farm owners use a range of feed additives to mitigate such risks and, initially, safeguard animal health. The level of discretionary income among people is rising as a result of rising industrialisation and technological improvements. People are making more sensible and healthy selections as a result, which is driving adoption trends for animal feed antioxidants.