Mounting Demand for Livestock Products to Benefit Global Animal Feed Antioxidants Market

Transparency Market Research (TMR), in one of its latest research report offerings, says the global animal feed antioxidants market will exhibit moderate growth from US$162.4 million in 2011 to US$216.8 million by 2018, growing at a 4.2% CAGR between 2012 and 2018. The report, titled “Natural and Synthetic Animal Feed Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018”, is available for sale on the company website. Antioxidants, often also termed as ‘shelf-life extenders’, are used in animal feed to protect deterioration of fats, pigments, vitamins, and flavoring agents, for animals to receive nutrient-rich feed.

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Oxidized feed is inadequate in nutrients and also results in several health conditions and reduced performance in animals.Globally, mounting demand for livestock products such as meat, milk, and eggs will lead to increased demand for antioxidant additives for feed, as per TMR analysts. To keep up with the demand, livestock producers are focusing on higher usage of antioxidant additives in animal feed for higher livestock output and reduced losses due to deterioration in feed quality. This is driving the overall animal feed antioxidants market.

However, factors such as stringent government regulations pertaining to the usage of certain antioxidants and difficulties working with natural antioxidants will restrain growth of the market. For the purpose of the study, the global animal feed antioxidants market is segmented on three fronts: product types, livestock type, and regional markets.By product, feed antioxidants are of two types: natural and synthetic. Natural antioxidants are formulated using natural raw materials such as oilseeds, rapeseed, corn, and some others that are mixed with grains such as soya to create a blend that meets the requirements set by the FDA. On the other hand, synthetic animal feed antioxidants are made of pure substances that have constant composition, which are further mixed with other pure substances in well-defined proportions. Based on livestock type, the report segments the global animal feed antioxidants market into pork/swine, cattle, poultry, and aquaculture. Of all, the poultry segment held 33.95% of the market in 2011. In the same year, pork/swine raising accounted for 27.6% of the market.

In Asia Pacific, China held more than 50% of the total animal feed antioxidants market in 2011. According to TMR report estimates, Asia Pacific will account as the largest and fastest growing market for animal feed antioxidants in the forecast period. North America and Europe hold distant second and third positions, respectively, in terms of market share. The research report also includes detailed business profiles in terms of company overview, recent product developments, and market share analysis of key vendors in the highly competitive global market for animal feed antioxidants. The major companies in the animal feed antioxidants market are Danisco, DSM, ADISSEO, Novozymes, Kemin Industries, Inc., Addcon Group Gmbh, ADM, BASF SE, Alltech, BELDEM, AB Vista, Evonik Industries, and Hansen.

The research report segments the global animal feed antioxidants market as follows:

By Product Type

Natural
Synthetic

By Livestock Type
Pork/Swine
Poultry
Cattle
Aquaculture
Others

By Geography
North America
Europe
Asia Pacific
Rest of the World (RoW)

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