North America Feed Antioxidants Market is expected to be worth USD 102.8 million in 2021, growing at a high CAGR of 6.5% from 2022 to 2028 to reach USD 159.7 million by 2028. 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.