Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Asia Pacific Feed Antioxidants Market: By Antioxidant Type ), Synthetic antioxidants, By Feed Type, and Country
Asia Pacific Feed Antioxidants Market size was valued at US$ 77.2 billion in 2023 and is poised to grow at a CAGR of 7.1% during the forecast period 2024-2030. To leverage the increasing trend, the market's leading companies have focused on antioxidant research and development. The market's expansion is fuelled by rising disposable incomes and rising meat consumption. The rising feed cost is a major factor driving up demand for feed antioxidants to prevent spoilage and extend shelf life, as well as an increase in disposable incomes, which drives up demand for protein-rich foods like meat and dairy in the region. Antioxidants are used as additions in animal feeds, premixes, and fats to extend their shelf life by preventing lipid peroxidation and oxidative rancidity during production, processing, and storage. Antioxidants help to keep feed, flours, premixes, and animal fats fresh and healthy, allowing them to be stored for extended periods. Antioxidants protect them from oxidation-induced deterioration, preserving their sensory characteristics and preventing rancidity and discoloration. The 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.
The Asia Pacific Feed Antioxidants Market Key Developments:
Synthetic Antioxidants have a market revenue share of 78.5% in 2021, and it is expected to grow at a CAGR of 6.3% from 2023 to 2029. Poultry Feed has a market revenue share of 21.7% in 2021, which is expected to grow at a CAGR of 6.9% from 2022 to 2028. Increased chicken consumption due to religious acceptance of it over other meats is predicted to boost poultry demand.
Report Benchmarks |
Details |
Market Size in 2023 |
US$ 77.2 billion |
By Antioxidant Type |
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By Feed Type |
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By Country |
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2023 is the base year and 2029 is the forecast year.
BASF SE, Cargill, DuPont, Perstorp, Alltech, Adisseo
The asia pacific feed antioxidants market segmented based on antioxidant type, feed type, and country.
Asia Pacific Feed Antioxidants Market size was valued at US$ 77.2 billion in 2022
1.Executive Summary |
2. Asia Pacific Feed Antioxidants Market Introduction |
2.1. Asia Pacific Feed Antioxidants Market - Taxonomy |
2.2. Asia Pacific Feed Antioxidants Market - Definitions |
2.2.1.Antioxidant Type |
2.2.2.Feed Type |
2.2.3.Country |
3. Asia Pacific Feed Antioxidants Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Asia Pacific Feed Antioxidants Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Asia Pacific Feed Antioxidants Market By Antioxidant Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Ammonia |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Urea |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Others |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Asia Pacific Feed Antioxidants Market By Feed Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Dairy Cattle |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Beef Cattle |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Sheep and Goat |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Asia Pacific Feed Antioxidants Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. China |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. India |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Australia and New Zealand (ANZ) |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Japan |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Rest of APAC |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.China Feed Antioxidants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Antioxidant Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Ammonia |
8.1.2.Urea |
8.1.3.Others |
8.2. Feed Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Dairy Cattle |
8.2.2.Beef Cattle |
8.2.3.Sheep and Goat |
8.2.4.Others |
9.India Feed Antioxidants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Antioxidant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Ammonia |
9.1.2.Urea |
9.1.3.Others |
9.2. Feed Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Dairy Cattle |
9.2.2.Beef Cattle |
9.2.3.Sheep and Goat |
9.2.4.Others |
10.Australia and New Zealand (ANZ) Feed Antioxidants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Antioxidant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Ammonia |
10.1.2.Urea |
10.1.3.Others |
10.2. Feed Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Dairy Cattle |
10.2.2.Beef Cattle |
10.2.3.Sheep and Goat |
10.2.4.Others |
11.Japan Feed Antioxidants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Antioxidant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Ammonia |
11.1.2.Urea |
11.1.3.Others |
11.2. Feed Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Dairy Cattle |
11.2.2.Beef Cattle |
11.2.3.Sheep and Goat |
11.2.4.Others |
12.Rest of APAC Feed Antioxidants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Antioxidant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Ammonia |
12.1.2.Urea |
12.1.3.Others |
12.2. Feed Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Dairy Cattle |
12.2.2.Beef Cattle |
12.2.3.Sheep and Goat |
12.2.4.Others |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.NOVUS INTERNATIONAL |
13.2.2.Kemin Industries, Inc. |
13.2.3.BASF SE |
13.2.4.Cargill |
13.2.5.DuPont |
13.2.6.Perstorp |
13.2.7.Alltech |
13.2.8.Adisseo |
13.2.9.Archer Daniels Midland Company |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players