- Synthetic antioxidants
MEA Feed Antioxidants Market is expected to be worth USD 21.1 million in 2022, growing at a high CAGR of 5.9% from 2022 to 2028 to reach USD 29.8 million by 2028. To avoid deterioration in egg quality, problems with embryonic development and loss of performance, feed antioxidants help poultry birds maintain redox equilibrium and reduce oxidative stress. African governments have implemented various methods to promote poultry production on a domestic level. As a result of the regulatory tendency, market penetration for these chemicals will expand even further. In 2021, and it is expected to grow at a CAGR of 5.6% from 2022 to 2028. BHA is a fat-soluble antioxidant found in many foods, such as cereals. In addition, they prevent rancidity development or accumulation of free radicals, which may cause organ damage. Pet Feed had a market revenue share of 27.3% in 2021, which is expected to grow at a CAGR of 6.1% from 2022 to 2028. However, the registration process and stringent government regulations hamper Feed Antioxidants in the market
Fastest Growing Market
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 companyâ€™s growth.
The MEA feed antioxidants market is projected to expand at a CAGR of 5.9% during the forecast period
NOVUS INTERNATIONAL, Kemin Industries, Inc, BASF SE, Impextraco NV, Cargill, DuPont, Perstorp, Alltech, Adisseo, Archer Daniels Midland Company, BTSA