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Feed Antioxidants Market Research Report- Forecast till 2023
3 Sample Pages
The global feed antioxidants market is segmented into type and livestock.
By the type, it is segmented into beta hydroxy acid, butylated hydroxytoluene, ethoxyquin, and others. Among all the
types, the beta hydroxy acid segment is dominating the market followed by ethoxyquin owing to its higher use in the
poultry feed products for better functionality.
By the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment
is dominating the market based on increased consumption of poultry and meat products globally. However, the swine
segment is projected to witness steady growth over the forecast period owing to increase in demand for meat and
meat products.
Regional Analysis:
The global feed antioxidants market is segmented into North America, Europe, Asia Pacific, and rest of the world
(RoW). Asia Pacific is dominating the feed antioxidants market followed by North America. In the Asia Pacific
region, India and China are the major consumers of feed antioxidants, which have resulted in the market growth of
this region. Furthermore, increasing livestock diseases and high consumption of meat products in the developing
countries of Asia Pacific region, have positively resulted in the growth of the feed antioxidants market.
Moreover, rising demand for feed additives such as antioxidants in countries such as the U.S., Canada, and
Mexico in the North America region is projected to boost the feed antioxidants market during the forecast period.
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