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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
North America Feed Antioxidants Market By Antioxidant Type, ), By Feed Type, and Country
North America Feed Antioxidants Market By Antioxidant Type, ), By Feed Type, and Country
North America Feed Antioxidants Market size was valued at US$ 102.8 million in 2023 and is poised to grow at a CAGR of 6.5% from 2024-2030. According to the United States Department of Agriculture, animal meat consumption increased steadily from 2016 to 2018. The livestock industry's industrialization, which is developing at a healthy rate, is a primary driving force. The market in the region is driven by increased farmer awareness of the benefits of antioxidants, increased consumption of chicken due to religious acceptability, and increased need for protein. Synthetic Antioxidants have a market revenue share of 62.9% in 2021, and it is expected to grow at a CAGR of 6.7% from 2022 to 2028. Higher stability, easy availability, and low cost of production of synthetic antioxidants lead to high demand in the market. Poultry food will have a significant market revenue share, expected to grow at a CAGR of 5.8% from 2022 to 2028. However, increasing the cost of the final product, government regulations hamper Feed Antioxidants in the market
Oxiris chemicals introduced Naturol, a new antioxidant brand based on natural tocopherol extracts that aim to be a cost-effective and efficient solution for manufacturers looking for high-performance antioxidant and natural-based additives.
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. In January 2018, Kemin acquired the assets of its longtime distributor, Agri-Marketing Corp., and has smoothly integrated this business into Kemin Animal Nutrition and Health resulting in increased market growth in Canada.
The United States is predicted to have the largest share of the Feed Antioxidants Market by 2028, and it is expected to grow at a rapid pace in the following years. Farmers are increasingly inclining toward animal feed additives such as antioxidants, vitamins, and others to meet the increasing demand for healthy and superior quality meat products in the region, which is driving the Feed Antioxidants Market in the United States.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2023 |
US$ 102.8 million |
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By Antioxidant Type |
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By Feed Type |
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The north america feed antioxidants market is projected to expand at a CAGR of 6.5% during the forecast period
NOVUS INTERNATIONAL, Kemin Industries, Inc., BASF SE, Impextraco NV, Cargill, DuPont, Perstorp, Nutreco, Alltech, Adisseo, DSM, Archer Daniels Midland Company
| 1.Executive Summary |
| 2. North America Feed Antioxidants Market Introduction |
| 2.1. North America Feed Antioxidants Market - Taxonomy |
| 2.2. North America Feed Antioxidants Market - Definitions |
| 2.2.1.Antioxidant Type |
| 2.2.2.Feed Type |
| 2.2.3.Country |
| 3. North America 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. North America 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. North America Feed Antioxidants Market By Antioxidant Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Natural |
| 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. Synthetic Antioxidants |
| 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 |
| 6. North America Feed Antioxidants Market By Feed Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Broilers Pre-starter Feed |
| 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. Piglets Pre-starter Feed |
| 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. Cattle Pre-starter Feed |
| 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. Aqua Pre-starter Feed |
| 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 |
| 6.5. Pet Food |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Cattle Feed |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Poultry Feed |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Aqua Feed |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Pig Feed |
| 6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 6.10. Feed Premixes |
| 6.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.10.3. Market Opportunity Analysis |
| 6.11. Raw Material |
| 6.11.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.11.3. Market Opportunity Analysis |
| 7. North America Feed Antioxidants Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. United States of America (USA) |
| 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. Canada |
| 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 |
| 8.United States of America (USA) 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.Natural |
| 8.1.2.Synthetic Antioxidants |
| 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.Broilers Pre-starter Feed |
| 8.2.2.Piglets Pre-starter Feed |
| 8.2.3.Cattle Pre-starter Feed |
| 8.2.4.Aqua Pre-starter Feed |
| 8.2.5.Pet Food |
| 8.2.6.Cattle Feed |
| 8.2.7.Poultry Feed |
| 8.2.8.Aqua Feed |
| 8.2.9.Pig Feed |
| 8.2.10.Feed Premixes |
| 8.2.11.Raw Material |
| 9.Canada 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.Natural |
| 9.1.2.Synthetic Antioxidants |
| 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.Broilers Pre-starter Feed |
| 9.2.2.Piglets Pre-starter Feed |
| 9.2.3.Cattle Pre-starter Feed |
| 9.2.4.Aqua Pre-starter Feed |
| 9.2.5.Pet Food |
| 9.2.6.Cattle Feed |
| 9.2.7.Poultry Feed |
| 9.2.8.Aqua Feed |
| 9.2.9.Pig Feed |
| 9.2.10.Feed Premixes |
| 9.2.11.Raw Material |
| 10. Competition Landscape |
| 10.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 10.2.1.Cargill |
| 10.2.2.DuPont |
| 10.2.3.Impextraco NV |
| 10.2.4.Perstorp |
| 11. Research Methodology |
| 12. Appendix and Abbreviations |
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.