Asia Pacific Feed Antioxidants Market: Estimation, Dynamics, Country Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Asia Pacific Feed Antioxidants Market by Antioxidant Type (Natural (Rosemary Extract, Tocopherols, Gallic Acid, Oil Seeds, Corn, Rapeseeds, and Others)), Synthetic antioxidants (Ethoxyquin, BHT, BHA, Vitamin E, Propyl Gallate, and Others), Feed Type (Broilers Pre-starter Feed, Piglets Pre-starter Feed, Cattle Pre-starter Feed, Aqua Pre-starter Feed, Pet Food, Cattle Feed, Poultry Feed, Aqua Feed, Pig Feed, Feed Premixes, and Raw Material), and  Region

 

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Report

Description

Asia Pacific Feed Antioxidants Market size is expected to be worth USD 77.2 million in 2021, growing at a high CAGR of 7.2% from 2022 to 2028 to reach USD 125.7 million by 2028. 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.

Key Developments:

In November 2021, China-based animal feed additive manufacturing company Adisseo announced the successful acquisition of Netherlands-based feed additive firm FRAmelco Group. The acquisition done by Adisseo mainly strengthens its desire to dominate the animal additives market. The company runs three plants in the Netherlands, Spain, and Thailand. Additionally, the business generates close to 30 million pounds each year

In 2019, Cargill Inc. partnered with InnovaFeed to deliver the animal nutrition sector improved and sustainable feed choices. Both companies will distribute fish feed containing insect protein as part of this agreement, which will help to support the growth of sustainable aquaculture.

Asia Pacific Feed Antioxidants Market

MARKET SUMMARY
-
7.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.2%

Asia Pacific Feed Antioxidants Market

  • The asia pacific feed antioxidants market report gives comprehensive outlook with special emphasis on key regions such as Japan, China, India, Australia & New Zealand, ASEAN, South Korea, Rest of Asia-Pacific.
  • The report on asia pacific feed antioxidants market gives historical, current, and future market sizes (US$ Mn) on the basis of antioxidant type, feed type, and geographic regions.
Key Players
  • LANXESS
  • INDUSTRIAL TECNICA PECUARIA, S.A.
  • Sterlitamak Petrochemical Plant
  • Oxiris Chemicals S.A
  • Affinity Petcare S.A
Asia Pacific Feed Antioxidants Market Insights

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 2022 to 2028. 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.


Asia Pacific Feed Antioxidants Market

India is predicted to have the largest share of the Feed Antioxidants Market by 2028, and it is expected to grow rapidly in the following years. Over the projected period, rising knowledge among farmers about protein enrichment, as well as the availability of animals, is expected to fuel market expansion. Antioxidant demand is predicted to rise over the forecast period due to rising epidemic outbreaks such as foot and mouth disease and flu. To overcome or avoid such diseases, the demand for antioxidants is expected to rise. Over the forecast period, the market is expected to rise due to the rising demand for animal feed additives to sustain livestock metabolism.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Asia Pacific Feed Antioxidants Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The asia pacific feed antioxidants market is projected to expand at a CAGR of 7.2% during the forecast period.

BASF SE, Cargill, DuPont, Perstorp, Alltech, Adisseo

The asia pacific feed antioxidants market segmented based on antioxidant type, feed type, and country.


Report

Table Of Content


Report

Company Profile

  • NOVUS INTERNATIONAL
  • Kemin Industries, Inc.
  • BASF SE
  • Cargill
  • DuPont
  • Perstorp
  • Alltech
  • Adisseo
  • Archer Daniels Midland Company

Description

Asia Pacific Feed Antioxidants Market size is expected to be worth USD 77.2 million in 2021, growing at a high CAGR of 7.2% from 2022 to 2028 to reach USD 125.7 million by 2028. 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.

Key Developments:

In November 2021, China-based animal feed additive manufacturing company Adisseo announced the successful acquisition of Netherlands-based feed additive firm FRAmelco Group. The acquisition done by Adisseo mainly strengthens its desire to dominate the animal additives market. The company runs three plants in the Netherlands, Spain, and Thailand. Additionally, the business generates close to 30 million pounds each year

In 2019, Cargill Inc. partnered with InnovaFeed to deliver the animal nutrition sector improved and sustainable feed choices. Both companies will distribute fish feed containing insect protein as part of this agreement, which will help to support the growth of sustainable aquaculture.

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