Animal Feed Antioxidants Market is Expected to Reach US$ 323.61 Mn in 2023 & is Estimated to Expand Worth US$ 1056.48 Mn at a CAGR of 12.56% During Forecast Period of 2023-33 | Future Market Insights, Inc.

December 30, 2022

NEWARK, Del, Dec. 30, 2022 (GLOBE NEWSWIRE) -- The animal feed antioxidants market is projected to reach US$ 323.61 Mn in 2023 and US$ 1056.48 Mn by 2033, with a CAGR of 12.56% over the forecast period. The animal feed antioxidants market is anticipated to experience rapid expansion due to the rising need for antioxidants in the animal feed sector as well as the growing desire for sustainable and affordable nutrition to meet the same needs. What Is Fueling the Antioxidant Animal Feed Demand? Antioxidants shield cells from oxidative damage, lower singlet oxygen levels in animals, and prevent lipid peroxidation and oxidative rancidity in animal feed during manufacturing, processing, and storage. The adoption of animal feed antioxidants, particularly those containing antioxidants, vitamins, and minerals, has changed as more attention has been paid to enhancing animal digestive systems. Click to get Report Sample@ Animal feed's freshness, flavour, and color are all preserved by antioxidants. The expanding beef industry around the world is mostly responsible for the increase in sales of animal feed antioxidants. The animal feed antioxidants market is anticipated to rise as a result of rising knowledge about animal health and feed quality and increased demand for animal feed antioxidants products. Animal Feed Antioxidant Demand in the Asia-Pacific Region Asia Pacific is considered to be the largest developing market for animal feed antioxidants and additives. Consumption of meat is rising, and commercial farming is expanding in the area, these are the major factors driving the market for animal feed antioxidants. Animal feed producers are particularly concerned with boosting production capacity to meet the growing demand for animal feed antioxidants and supplements as commercial farming becomes more prevalent. The animal feed antioxidants market expansion in the Asia Pacific is anticipated to be fueled by expanding commercial farming and manufacturers' expanding production capabilities. The desire of the manufacturers to grow their market share in the animal feed sector will be what drives the demand for animal feed antioxidants in the Asia Pacific animal feed antioxidants market. Use promo code ->> FMITODAY to get flat 30% discount Key Takeaways With a 43% revenue share in 2023, the Asia Pacific region has dominated the animal feed antioxidants market.In terms of product, the synthetic segment of the market for animal feed antioxidants is expected to have a revenue share of about 61% in 2023.Over the projection period of 2023-2033, the market for natural animal feed antioxidants is expected to expand at a CAGR of 7.9%.In terms of livestock, the poultry segment of the animal feed antioxidants market had the highest revenue share in 2023, at over 42%.Between 2023 and 2033, the dairy animal feed antioxidants market for poultry and cattle is anticipated to expand at a CAGR of 8.1%. Competitive Landscape In order to expand their market presence and product offerings on the global market, major producers like Cargill and others are concentrating on enlarging their production facilities as well as forming strategic alliances/partnerships with local producers of animal feed antioxidants. In order to raise production and improve the quality of their products, manufacturers like Archer Daniels Midland Company and BASF are introducing cutting-edge methods and techniques. The animal feed antioxidants market businesses are investing in R&D to create technologies for producing and processing animal feed that are competitive and flexible. Recent Development In November 2021, the Danish biotechnology firm "Novozymes" may purchase the Indian pharmaceutical firm "Synergia Life Sciences." Synergia is renowned for manufacturing natural Vitamin K2-7 and probiotics. The deal is sealed by a $150 Mn payment from Novozymes. The acquisition might be advantageous for Novozymes' functional food division. Talk to Analyst@ Key Segments By Product: NaturalSynthetic By Livestock: SwineCattlePoultryAquaculture By Form: By Region: North AmericaEuropeAsia PacificLatin AmericaMEA Request Customization@ Table of Content 1. Executive Summary     1.1. Global Market Outlook     1.2. Demand-side Trends     1.3. Supply-side Trends     1.4. Technology Roadmap Analysis     1.5. Analysis and Recommendations 2. Market Overview     2.1. Market Coverage / Taxonomy     2.2. Market Definition / Scope / Limitations 3. Market Background     3.1. Market Dynamics         3.1.1. Drivers         3.1.2. Restraints         3.1.3. Opportunity         3.1.4. Trends Browse Full Report@ Explore FMI’s Extensive Coverage on Food & Beverage Domain: Hemp Seed Oil Market Share : The global hemp seed oil market is expected to reach a market valuation of US$ 85 Million by the year 2022, accelerating with a CAGR of 7.6% by 2022-2032 Coffee Grounds Market Size : The global Coffee Grounds Market is expected to reach a market valuation of US$ 14.2 Billion by the year 2022, accelerating with a CAGR of 5.1% by 2022-2032 CBD Oil Market Demand : As per the study, demand will continue rising, enabling the market to exhibit a compound annual growth rate (CAGR) of 31.50% annually, through 2031. Plant-based Yogurt Market Forecast : FMI projects the market’s valuation to surpass US$ 5.0 Bn by 2030. Looking at the rising popularity of vegan lifestyle and considerable drawbacks of commercial animal agriculture, it comes as no surprise that entrepreneurs are investing in plant-based yogurts. Allergen Free Food Market Analysis : FMI forecasts the market for allergen free food to grow at an impressive 8.6% CAGR between 2020 and 2030 About Future Market Insights, Inc. Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries. Contact Us: Future Market Insights Inc.Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware - 19713, USAT: +1-845-579-5705LinkedIn| Twitter| Blogs | YouTubeFor Sales Enquiries:

© 2023