(MoneyNewsWire.Net, November 28, 2017 ) According to the report North America Feed Antioxidants Market, published by Market Data Forecast, the North America market is projected to reach USD 80 million by 2022, at a CAGR of 6.51% from 2017 to 2022.
Feed antioxidants increase the shelf life of animal feeds. They are chemical substances and prevent unnecessary oxidation in animal guts and finished feeds. They prevent the deterioration of nutritional supplements in the feed. These supplements include vitamins, fats and other pigments.
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North America Feed Antioxidants Market: Drivers & Restraints
Growing awareness in farmers, decreased wastage due to oxidation, rising feed prices, livestock disease outbreak which is driving additives market, and rapid industrialization of livestock industry in the developed nations are the primary drivers of market growth.
Strict government regulations, cut throat competition in raw materials with other industries, and volatility in prices of agro commodities are the primary restraints of market growth.
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North America Feed Antioxidants Market: Segmentation
By Type
• BHA Antioxidants
• BHT Antioxidants
• Ethoxyquin Antioxidants
• Other Antioxidants
By Livestock
• Swine
• Poultry
• Cattle
• Aquaculture
• Others
By Geography
• North America
o China
o India
o Japan
o Australia
o South Korea
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://marketdataforecast.com/market-reports/north-america-feed-antioxidants-market-1863/customize-report
North America Feed Antioxidants Market: Overview
By livestock poultry market segment is the market leader. Adoption of intensive farming is the reason behind it. By Type ethoxyquin captured the largest market share. It is because of its high efficacy.
North America is the market leader. US lead the market in North America.
North America Feed Antioxidants Market: Key Players
Key players in the market include Adisseo France SAS, Perstorp, AllTech, Kemin Europa. Other players in the market include Archer Daniels Midland Cargill Inc, Company, Danisco, Nutreco N.V., DSM, Novus International.
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