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Animal Feed Antioxidants Market by Type (Synthetic Antioxidants, Natural Antioxidants), Form (Powdered, Liquid), Animal Type (Poultry, Ruminants, Swine, Aquaculture), Source (Plant-based Antioxidants, Animal-based Antioxidants), End-Use Industry (Animal Feed Industry, Pet Food); Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: ANH4942  
|   Animal Nutrition & Health

As per Intent Market Research, the Animal Feed Antioxidants Market was valued at USD 1.8 billion in 2023 and will surpass USD 2.4 billion by 2030; growing at a CAGR of 4.3% during 2024 - 2030.

The animal feed antioxidants market has experienced significant growth due to the increasing demand for high-quality animal feed to enhance the health and productivity of livestock. Antioxidants are crucial in animal feed as they help protect animals from oxidative stress, which can lead to various health issues, including reduced immune function and overall growth performance. Additionally, antioxidants help to maintain the nutritional value of animal feed by preventing the degradation of essential vitamins and fatty acids. As the global demand for animal-based food products rises, the need for effective feed additives such as antioxidants is also expanding. With growing awareness about animal health and sustainable agriculture, the market is seeing innovations in both synthetic and natural antioxidants to meet the demands of the animal feed industry.

Synthetic Antioxidants Segment Is Largest Owing to Cost-Effectiveness and Efficiency

Among the various types of antioxidants, synthetic antioxidants dominate the animal feed antioxidants market due to their cost-effectiveness and proven efficiency in protecting animal feed from oxidative damage. Synthetic antioxidants, such as butylated hydroxytoluene (BHT) and butylated hydroxyanisole (BHA), are widely used in animal feeds because they offer a high level of protection against oxidative stress at a relatively low cost. Their ability to prevent the degradation of vitamins and fats in feed makes them a preferred choice for large-scale feed producers. Despite the growing interest in natural alternatives, synthetic antioxidants remain the largest subsegment due to their affordability and high performance, especially in commercial livestock operations where cost efficiency is crucial.

Animal Feed Antioxidants Market size

Powdered Form Is Largest Owing to Ease of Use and Versatility

In terms of form, powdered antioxidants are the largest subsegment in the market, largely due to their ease of use and versatility. Powdered antioxidants can be easily blended into animal feed, offering consistent distribution throughout the feed mixture. They are preferred by feed manufacturers for their long shelf life and stable formulation. Additionally, the powdered form is highly efficient for bulk production, allowing feed producers to integrate antioxidants without complicating the feed manufacturing process. This has led to the widespread use of powdered antioxidants across various animal types, including poultry, ruminants, and swine, solidifying their position as the most commonly used form of feed additives in the market.

Poultry Animal Type Is Largest Owing to High Demand and Intensive Farming Practices

The poultry segment represents the largest animal type in the animal feed antioxidants market. Poultry farming, with its intensive production practices and high turnover rates, drives the demand for antioxidants to ensure the health and productivity of the animals. Poultry are particularly susceptible to oxidative stress, which can lead to immune system depletion and reduced growth rates. As a result, antioxidants play a critical role in maintaining the quality and nutritional value of poultry feed. The large-scale nature of poultry farming, coupled with the rising demand for poultry products globally, contributes to the dominance of the poultry segment in the animal feed antioxidants market.

Plant-Based Antioxidants Segment Is Fastest Growing Owing to Rising Demand for Natural Solutions

Among the sources of antioxidants, plant-based antioxidants are the fastest-growing subsegment in the animal feed market. As consumer preferences shift toward natural and organic products, there is a growing trend towards using plant-based antioxidants in animal feed. These antioxidants, derived from plant sources such as herbs, spices, and fruits, are perceived as more sustainable and health-conscious alternatives to synthetic options. The growing awareness about the benefits of plant-based ingredients for animal health, combined with a rise in organic farming practices, has led to the rapid growth of the plant-based antioxidants segment. This shift aligns with the broader global trends towards clean-label products and sustainability in the animal feed industry.

Animal Feed Industry Is Largest End-User Owing to Growing Livestock Production

The animal feed industry is the largest end-user of antioxidants, driven by the expanding global demand for meat, dairy, and other animal-derived products. The rising livestock production, particularly in emerging economies, has significantly contributed to the growing demand for high-quality animal feed. As livestock farming becomes more industrialized, there is an increasing focus on improving feed efficiency and animal health, both of which are supported by the use of antioxidants in the feed. The animal feed industry's dominant share in the market is expected to continue, as it remains a critical sector for maintaining the health and productivity of livestock, ensuring food security, and meeting the rising demand for animal-based food products worldwide.

North America Region Is Largest Market Owing to Established Agricultural Infrastructure

North America is the largest regional market for animal feed antioxidants. The region, particularly the United States and Canada, boasts a well-established agricultural infrastructure, with large-scale commercial farming operations that drive demand for high-quality feed additives. The region has a high rate of livestock production, particularly in poultry, swine, and ruminants, which requires the use of antioxidants to maintain feed quality and animal health. Additionally, the increasing awareness of animal welfare and sustainable farming practices in North America has fueled the demand for both synthetic and natural antioxidants in animal feed. As the region continues to emphasize high-quality livestock production, North America will remain the largest market for animal feed antioxidants.

Animal Feed Antioxidants Market share by region

Leading Companies and Competitive Landscape

The animal feed antioxidants market is competitive, with several leading companies driving innovation and market growth. Key players include BASF SE, Cargill, Inc., ADM Animal Nutrition, Kemin Industries, and Nutreco N.V. These companies are focusing on expanding their product offerings by developing advanced antioxidant solutions, particularly natural and plant-based alternatives, to meet consumer demand for cleaner and more sustainable products. Additionally, major players are investing in research and development to enhance the efficacy and application methods of antioxidants in animal feed. As competition intensifies, companies are also forming strategic partnerships and collaborations to strengthen their market presence and diversify their product portfolios. With a growing emphasis on sustainability and health-conscious products, the competitive landscape in the animal feed antioxidants market is expected to remain dynamic, with continuous product innovation and market expansion.

Recent Developments:

  • DSM Nutritional Products launched a new line of natural antioxidants aimed at improving animal feed preservation and promoting animal health across poultry and ruminant sectors.
  • BASF SE announced the expansion of its antioxidant solutions portfolio with the addition of innovative feed additives designed to support longer shelf life in animal feed products.
  • Kemin Industries, Inc. revealed the successful development of a new antioxidant product that enhances the oxidative stability of pet food and livestock feed.
  • Evonik Industries AG recently completed the acquisition of a natural antioxidant manufacturing company, strengthening its position in the animal feed additives market.
  • Nutreco N.V. introduced an eco-friendly, plant-based antioxidant solution, aimed at improving sustainability in the animal feed industry and meeting consumer demand for natural ingredients.

List of Leading Companies:

  • Adisseo France S.A.S.
  • Alltech Inc.
  • BASF SE
  • Cargill, Incorporated
  • CHR. Hansen Holding A/S
  • DSM Nutritional Products
  • Evonik Industries AG
  • Kemin Industries, Inc.
  • Kraton Polymers
  • Novus International, Inc.
  • Nutreco N.V.
  • Pancosma S.A.
  • Phytobiotics Futterzusatzstoffe GmbH
  • Vita Plus Corporation
  • Zinpro CorporationReport Scope:

Report Features

Description

Market Size (2023)

USD 1.8 Billion

Forecasted Value (2030)

USD 2.4 Billion

CAGR (2024 – 2030)

4.3%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Animal Feed Antioxidants Market by Type (Synthetic Antioxidants, Natural Antioxidants), Form (Powdered, Liquid), Animal Type (Poultry, Ruminants, Swine, Aquaculture), Source (Plant-based Antioxidants, Animal-based Antioxidants), End-Use Industry (Animal Feed Industry, Pet Food)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Adisseo France S.A.S., Alltech Inc., BASF SE, Cargill, Incorporated, CHR. Hansen Holding A/S, DSM Nutritional Products, Kemin Industries, Inc., Kraton Polymers, Novus International, Inc., Nutreco N.V., Pancosma S.A., Phytobiotics Futterzusatzstoffe GmbH, Zinpro Corporation

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Animal Feed Antioxidants Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Synthetic Antioxidants

   4.2. Natural Antioxidants

5. Animal Feed Antioxidants Market, by Form (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Powdered

   5.2. Liquid

6. Animal Feed Antioxidants Market, by Animal Type (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Poultry

   6.2. Ruminants

   6.3. Swine

   6.4. Aquaculture

7. Animal Feed Antioxidants Market, by Source (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Plant-based Antioxidants

   7.2. Animal-based Antioxidants

8. Animal Feed Antioxidants Market, by End-Use Industry (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Animal Feed Industry

   8.2. Pet Food

9. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   9.1. Regional Overview

   9.2. North America

      9.2.1. Regional Trends & Growth Drivers

      9.2.2. Barriers & Challenges

      9.2.3. Opportunities

      9.2.4. Factor Impact Analysis

      9.2.5. Technology Trends

      9.2.6. North America Animal Feed Antioxidants Market, by Type

      9.2.7. North America Animal Feed Antioxidants Market, by Form

      9.2.8. North America Animal Feed Antioxidants Market, by Animal Type

      9.2.9. North America Animal Feed Antioxidants Market, by Source

      9.2.10. North America Animal Feed Antioxidants Market, by End-Use Industry

      9.2.11. By Country

         9.2.11.1. US

               9.2.11.1.1. US Animal Feed Antioxidants Market, by Type

               9.2.11.1.2. US Animal Feed Antioxidants Market, by Form

               9.2.11.1.3. US Animal Feed Antioxidants Market, by Animal Type

               9.2.11.1.4. US Animal Feed Antioxidants Market, by Source

               9.2.11.1.5. US Animal Feed Antioxidants Market, by End-Use Industry

         9.2.11.2. Canada

         9.2.11.3. Mexico

    *Similar segmentation will be provided for each region and country

   9.3. Europe

   9.4. Asia-Pacific

   9.5. Latin America

   9.6. Middle East & Africa

10. Competitive Landscape

   10.1. Overview of the Key Players

   10.2. Competitive Ecosystem

      10.2.1. Level of Fragmentation

      10.2.2. Market Consolidation

      10.2.3. Product Innovation

   10.3. Company Share Analysis

   10.4. Company Benchmarking Matrix

      10.4.1. Strategic Overview

      10.4.2. Product Innovations

   10.5. Start-up Ecosystem

   10.6. Strategic Competitive Insights/ Customer Imperatives

   10.7. ESG Matrix/ Sustainability Matrix

   10.8. Manufacturing Network

      10.8.1. Locations

      10.8.2. Supply Chain and Logistics

      10.8.3. Product Flexibility/Customization

      10.8.4. Digital Transformation and Connectivity

      10.8.5. Environmental and Regulatory Compliance

   10.9. Technology Readiness Level Matrix

   10.10. Technology Maturity Curve

   10.11. Buying Criteria

11. Company Profiles

   11.1. Adisseo France S.A.S.

      11.1.1. Company Overview

      11.1.2. Company Financials

      11.1.3. Product/Service Portfolio

      11.1.4. Recent Developments

      11.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   11.2. Alltech Inc.

   11.3. BASF SE

   11.4. Cargill, Incorporated

   11.5. CHR. Hansen Holding A/S

   11.6. DSM Nutritional Products

   11.7. Evonik Industries AG

   11.8. Kemin Industries, Inc.

   11.9. Kraton Polymers

   11.10. Novus International, Inc.

   11.11. Nutreco N.V.

   11.12. Pancosma S.A.

   11.13. Phytobiotics Futterzusatzstoffe GmbH

   11.14. Vita Plus Corporation

   11.15. Zinpro Corporation

12. Appendix

 

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A comprehensive market research approach was employed to gather and analyze data on the Animal Feed Antioxidants Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Animal Feed Antioxidants Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Animal Feed Antioxidants Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Animal Feed Antioxidants ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Animal Feed Antioxidants Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Animal Feed Antioxidants Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment

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