Feed & Additive Magazine Issue 39 April 2024

MARKET REPORT 76 FEED & ADDITIVE MAGAZINE April 2024 In North America, which has an important place in the global feed antioxidant market, both population growth and an increase in poultry feed demand are listed as important factors driving the market. Individuals living in the North American region have an increasing sensitivity towards animal welfare. Therefore, market players in the animal feed industry have to provide highly efficient feed to offer optimum nutrition to animals. As a result, the feed antioxidant market continues to grow in the region. In the European region, the increasing demand for animal proteins increases the demand for compound feeds. This requirement is also an important factor influencing the expansion of the European market. The expected expansion of the pork production sector in European countries such as Germany, France, and Russia is estimated to increase the accessibility of farm animals and consequently contribute to the growth of the sector in the next seven years. However, animal diseases, the Russia-Ukraine conflict, and war-related raw material and energy crises are significantly disrupting compound feed production in Europe, thereby restricting the feed antioxidant market. MARKET ENVIRONMENT FOR SUPPLIERS Reports categorise key developments in the feed antioxidant market into organic and inorganic growth strategies. Accordingly, some companies are focusing on organic growth strategies such as product launches, events, product approvals, and patents, while others are pursuing inorganic growth strategies such as acquisitions, partnerships, and collaborations. These activities have paved the way for market players to expand their businesses and customer bases. Market stakeholders in the feed antioxidants market are expected to capture lucrative growth opportunities in the future with the increasing demand for feed antioxidants in the global market. References: 1. Antioxidants in Animal Nutrition - PMC (nih.gov) 2. Feed Antioxidants Market Size, Share, Trends, Opportunities & Forecast (verifiedmarketresearch.com) 3. Feed Antioxidants Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis (theinsightpartners.com) 4. Global Feed Antioxidants Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 (researchandmarkets.com) 5. Feed Antioxidants Market Price, Worth, Growth Insights 2030 (precisionbusinessinsights.com) 6. Animal Feed Antioxidants Market Size, Share, Scope & Analysis to 2031 (straitsresearch.com) 7. Feed Antioxidants Market: Global Industry Analysis (2023-2029) (maximizemarketresearch.com) 8. Animal Feed Antioxidants Market Size, Share, Growth | Forecast Report, 2030 (verifiedmarketreports.com) • AB Vista • Adisseo • ADM • Alltech • Barentz International • BASF SE • Bertol Company • BTSA • Caldic • Camlin Fine Sciences • Cargill • DSM-Firmenich • EW Nutrition • FoodSafe Technologies • IFF (Danisco) • Impextraco • Industrial Tecnica Pecuaria • Kaesler Nutrition • Kalsec • Kemin Industries • Lallemand Animal Nutrition • MIAVIT Stefan Niemeyer • Naturex • Novozymes (Novonesis) • Novus International • Selko (Nutreco) • Oxiris Chemical • Perstorp • Simfa Labs • Solvay • VDH Chem Tech • Videka • Vitablend Nederland • Zhejiang Medicine SOME FEED ANTIOXIDANTS SUPPLIERS IN THE WORLD:

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