MARKET REPORT 84 FEED & ADDITIVE MAGAZINE May 2024 Feed preservatives are organic and inorganic substances added to animal feeds to extend shelf life and maintain nutritional quality. These preservatives help prevent the growth of harmful microorganisms such as bacteria, yeasts and fungi in feed ingredients and finished feeds and reduce the risk of microbial spoilage. They thus contribute to the overall safety and stability of animal feed, ensuring that animals receive nutritionally complete and uncontaminated feed. In addition, these preservatives are also very important for keeping the feed uncontaminated from production to consumption, i.e. extending its shelf life. The applications of animal feed preservatives are varied and essential for the welfare and productivity of livestock and poultry. However, because excessive doses or inappropriate use can be dangerous to animals or humans, it is recommended that feed preservatives be used at reasonable levels and with appropriate safety procedures. To ensure the safety and efficacy of Feed Preservatives and Global Market Status The increasing demand for animal food products such as meat, milk and eggs worldwide leads to an increase in the animal population and expansion of the livestock sector, which in turn increases the demand for animal feed. The key factor in this demand is the demand for quality and safe animal food, and therefore the demand for quality and safe animal feed. This demand drives the need for reliable and effective methods of preservation, namely feed preservatives, to ensure the integrity of feed throughout the supply chain. Forecasts reveal that the global feed preservatives market will reach a size of USD 4.9 billion in 2023 and will continue at a CAGR of approximately 4.6% between 2023 and 2030. By Derya Yildiz
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