The feed antioxidants market size was valued at USD 1.4 billion in 2022 and is expected to reach USD 2.3 billion by 2032, at a CAGR of 5.6%.
FORT COLLINS, Colo., April 29, 2024 (Globe Newswire) —
Climate change and demand for healthy animal feed are expected to drive industry growth.
The impact of unpredictable weather patterns and climate change on crop production is a major factor. Rising global temperatures and high levels of greenhouse gas emissions are expected to negatively impact crop yields. According to the National Aeronautics and Space Administration (NASA), the yield of corn, a major feed grain, will decline by 24% by 2030. Additionally, research conducted by the Woodwell Climate Institute, a scientific organization focused on climate change impacts and solutions, suggests that: Crop failure rates are expected to be 4.5 times higher by 2030 compared to current rates. Therefore, it has become essential to reliably store crop yields.
In this context, demand is Antioxidants in feed It has attracted attention because it plays an important role in extending the shelf life of feed and feed materials. As a result, demand for feed grade antioxidants is expected to increase in response to the growing need for suitable storage solutions amidst climate-related challenges impacting crop production.
Request a sample report:
https://bit.ly/3UAheGQ
Segmentation overview:
The feed antioxidant market is segmented into type, farm, animal, and region.
Natural feed antioxidants capture largest market share
-
Based on type, the feed antioxidants market is segmented into natural and synthetic. During the past few years, the natural segment accounted for the largest share in the feed antioxidants market. The natural segments are further classified into tocopherols, carotenoids, and plant extracts.
Poultry is the largest animal category
-
The antioxidants market is segmented by animals such as poultry, cattle, aquaculture, and pigs. Poultry has historically held a larger market share due to increased consumption of poultry meat and other poultry products worldwide.
ask for discount
https://bit.ly/3Qpawku
Feed Antioxidants Market Report Highlights:
-
Notable players in the feed antioxidants market report include Cargill, Archer Daniels Midland Company, Koninklijke DSM NV, BASF SE, Nutreco, Kemin, Adiseo, Perstorp, Alltech, Caldic, Novus International, Chemical Fine Science, Oxyris They include Chemical, Bertol Company, and Foodsafe. Technology and Industry Tecnica Pecudoria.
Looking for only region/country-specific reports?
https://bit.ly/3WekNDP
About DataHorizon Research:
DataHorizon is a market research and advisory firm that helps organizations around the world develop growth strategies that align with changing business dynamics. Its services include enterprise-wide consulting services and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term, sustainable trends in the market makes complex decision-making easier for organizations.
contact:
Post: sales@datahorizzonresearch.com
Doctor: +1-970-672-0390
Website: https://datahorizonresearch.com/
Please follow us: linkedin
recent publications
Potassium Nitrate Market Analysis 2024-2032
Opacifier Market Analysis 2024-2032
Water Repellent Market Analysis 2024-2032
Specialty Ink Market Analysis 2024-2032
Chrome Plating Market Analysis 2024-2032
CONTACT: Mail: sales@datahorizzonresearch.com Ph: +1-970-672-0390 Website: https://www.datahorizzonresearch.com
