Animal Feed Antioxidants Market size was valued at USD 183.4 million in 2014. Rising meat consumption as a result of increasing awareness toward protein diet is expected to promote the importance of good quality feed ingredients for livestock.
Antioxidants are mainly used in animal feed industry for providing protection of essential nutrients such as vitamins, fats, and pigments from deterioration. Furthermore, these ingredients are capable of extending the storage period as well as the durability of animal feed.
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Poultry was the largest market, accounting for 34.3% of global share in 2015. Rising demand for frozen chicken as a result of increasing importance of convenience food is expected to increase the consumption of antioxidants among livestock over the forecast period.
Over the past few years, the governments of South Africa and Nigeria have been initiating various policies aimed for the improvement of poultry farming on a domestic level. The above mentioned favorable policy toward the development of poultry farming on a national level is expected to open to increase new applications over the projected period.
The market demand for cattle was 16.0-kilo tons in 2015 and is expected to witness significant gains as a result of increasing outbreaks of diseases including Bovine spongiform encephalopathy (BSE). Furthermore, animal feed antioxidants demand in aquaculture was USD 16.9 million in 2015.
Product insights:
Synthetic products forms held a market volume of over 50% in 2015. They are used on account of excellent stability as well as enhanced shelf life as compared to natural counterparts. Furthermore, low prices of synthetic ones as a result of their high market visibility as a product is expected to have a positive impact.
Natural antioxidants are expected to foresee volume growth over 4% as a result of stringent regulations aimed at limiting the scope of synthetic counterparts for reducing greenhouse gas emissions. However, the predominant consumption of the oilseeds in direct food consumption is expected to decrease the availability of feedstock to the feed ingredients processors.
Regional Insights:
Asia Pacific was the largest market, accounting for 51.5% of global industry share in 2016. The firm foothold of the farming base of cattle, pork and poultry species in China, India, Australia and New Zealand is expected to have a positive impact on the market. However, low adoption rates of antioxidants in unorganized cattle farming sector of developing countries including China and India is projected to hamper the industry growth.
North America market was valued at USD 46.6 million in 2015. The increasing importance of anti-oxidation property for ensuring the durability and high-shelf life for the finished goods in meat processing sector of the U.S. is expected to play a vital role in expanding the market reach in the near future.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/animal-feed-antioxidants-market
Market Segment:
Animal Feed Antioxidants Product Outlook (Volume Tons, Revenue, USD Million, 2012 - 2022)
Antioxidants are mainly used in animal feed industry for providing protection of essential nutrients such as vitamins, fats, and pigments from deterioration. Furthermore, these ingredients are capable of extending the storage period as well as the durability of animal feed.
Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/animal-feed-antioxidants-market/request-sample
Poultry was the largest market, accounting for 34.3% of global share in 2015. Rising demand for frozen chicken as a result of increasing importance of convenience food is expected to increase the consumption of antioxidants among livestock over the forecast period.
Over the past few years, the governments of South Africa and Nigeria have been initiating various policies aimed for the improvement of poultry farming on a domestic level. The above mentioned favorable policy toward the development of poultry farming on a national level is expected to open to increase new applications over the projected period.
The market demand for cattle was 16.0-kilo tons in 2015 and is expected to witness significant gains as a result of increasing outbreaks of diseases including Bovine spongiform encephalopathy (BSE). Furthermore, animal feed antioxidants demand in aquaculture was USD 16.9 million in 2015.
Product insights:
Synthetic products forms held a market volume of over 50% in 2015. They are used on account of excellent stability as well as enhanced shelf life as compared to natural counterparts. Furthermore, low prices of synthetic ones as a result of their high market visibility as a product is expected to have a positive impact.
Natural antioxidants are expected to foresee volume growth over 4% as a result of stringent regulations aimed at limiting the scope of synthetic counterparts for reducing greenhouse gas emissions. However, the predominant consumption of the oilseeds in direct food consumption is expected to decrease the availability of feedstock to the feed ingredients processors.
Regional Insights:
Asia Pacific was the largest market, accounting for 51.5% of global industry share in 2016. The firm foothold of the farming base of cattle, pork and poultry species in China, India, Australia and New Zealand is expected to have a positive impact on the market. However, low adoption rates of antioxidants in unorganized cattle farming sector of developing countries including China and India is projected to hamper the industry growth.
North America market was valued at USD 46.6 million in 2015. The increasing importance of anti-oxidation property for ensuring the durability and high-shelf life for the finished goods in meat processing sector of the U.S. is expected to play a vital role in expanding the market reach in the near future.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/animal-feed-antioxidants-market
Market Segment:
Animal Feed Antioxidants Product Outlook (Volume Tons, Revenue, USD Million, 2012 - 2022)
- Natural
- Synthetic
- Ethoxyquin
- Butylated Hydroxyanisole (BHA)
- Butylated Hydroxytoluene (BHT)
- Swine
- Poultry
- Cattle
- Aquaculture
- Others
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