Market Research Future (Food and Beverages) Feed Preservatives Market Research Report | Page 3

Feed Preservatives Market Research Report- Forecast to 2023
2 Market Overview
Preservatives are chemical compounds added to foods & beverages, pharmaceutical drugs, feed, cosmetics, and
variety of other products to check their decomposition caused by microbial growth and hence, increases the shelf-
life of the products. Feed preservatives are either natural or synthetic ingredient. Along with improving the stability
and feed quality, they also improve animal health by reducing livestock diseases. The most common preservatives
used in feeds are sorbates, benzoates, propionates, nitrates, and many others.
The global feed preservatives market is growing due to rising consumer awareness and high demand for
preservatives in the feed industry. Growing population in the developing countries has led to increased demand for
poultry, ruminants and other livestock for consumption, which has uplifted the demand for feed, which, in turn, has
uplifted the feed preservatives market. Moreover, use of feed preservatives has helped in restricting feed spoilage
and also reducing feed wastage.
Furthermore, value-added benefits associated with the use of preservatives in the feed is also supporting the sale
of feed preservatives across the globe. Additionally, the enhancement of the product coupled with technological
advancements is considered to be one of the significant reasons for the increasing growth of the feed preservatives
market during the forecast period, 2017-2023.
Intended Audience:
 Feed preservatives manufacturers
 Feed manufacturers
 Livestock industry
 Raw material suppliers
 Retailers and wholesaler
 Traders, importers, and exporters
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