North America Feed Antioxidants Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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North America Feed Antioxidants Market By Antioxidant Type (Natural (Rosemary Extract, Tocopherols, Gallic Acid, Oil Seeds, Corn, Rapeseeds, Others), (Synthetic antioxidants (Ethoxyquin, BHT, BHA, Vitamin E, Propyl Gallate, Others)), By 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, Raw Material), and Geography

 

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Report

Description

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

key developments:

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.

North America Feed Antioxidants Market

MARKET SUMMARY
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6.5%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.5%

North America Feed Antioxidants Market

  • The north america feed antioxidants market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The north america feed antioxidants market is segmented on the basis of antioxidant type, feed type, and geography.
Key Players
  • NOVUS INTERNATIONAL
  • Kemin Industries, Inc.
  • BASF SE
  • Impextraco NV
North America Feed Antioxidants Market Growth

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.


North America Feed Antioxidants Market

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

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast
  • 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 and regulatory framework
  • 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
North America Feed Antioxidants Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

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


Report

Table Of Content


Report

Company Profile

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

Description

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

key developments:

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.

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