Feed Antioxidants Market Analysis

Feed Antioxidants Market Overview

Feed Antioxidants Market Size was valued at USD 0.38 billion in 2023. The Feed Antioxidants market industry is projected to grow from USD 0.39 Billion in 2024 to USD 0.49 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.80% during the forecast period (2024 - 2032). Consuming more processed food will drive market expansion. Urbanization is booming, and meat consumption is rising worldwide are the key market drivers enhancing the Feed Antioxidants market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Feed Antioxidants Market Trends

• Growing Demand for Cosmetics and Personal Care Items Packed with Antioxidants will boost Feed Antioxidants market growth

Consumer demand for anti-aging goods has gradually increased, which has led to an increase in the use of these substances in many cosmetic items. These compounds shield human cells from aging and inflammatory damage. To stop them from spoiling and going rancid when exposed to oxygen, they are used in various personal care products, including creams, conditioners, shampoos, body lotions, and others. The antioxidants vitamin A, vitamin C, butylated hydroxyanisole (BHA), and others are frequently found in cosmetics. The progressive increase in the use of these compounds in many cosmetic goods results from customers' increasing desire for anti-aging treatments. These goods guard human cells against aging- and inflammation-related harm. To stop them from spoiling and going rancid when exposed to oxygen, they are used in various personal care products, including creams, conditioners, shampoos, body lotions, and others. Vitamins A and C, butylated hydroxyanisole (BHA), and others are typical antioxidant substances in cosmetics. Thus, this factor is driving the market CAGR.

In the food and beverage business, antioxidants are still rising and are now considered a crucial addition. Its widespread use results from rising consumer knowledge of the additive, are several advantages in reducing chronic illnesses like diabetes. Market expansion has been impacted by rising consumer demand for and consumption of processed foods, which frequently include antioxidant chemicals. Its presence prolongs the food's shelf life by preventing oxidation. People are becoming increasingly dependent on processed meals due to the growing working population and their hectic lifestyles. The working population in the United States climbed from 64.4% in 2018 to 64.9% in 2019, according to the United States Bureau of Labor Statistics.

The market for animal products in developing nations was considerably fueled by rising disposable income, expanding populations, and fast urbanization. 55% of the world's population will live in cities by 2020, according to World Bank data, and the trend is set to continue in the years to come. During the past 20 years, there has been a steady rise in the amount of meat consumed worldwide, which has increased by 58% to 360 million tonnes. Out of which, population growth is responsible for 54% of this rise. The industry has developed from using conventional methods of meat preservation like salting, drying, and smoking to several more modern ones, including innovative thermal treatments and adding preservatives. Thus, this aspect is anticipated to accelerate Feed Antioxidants market revenue.

Feed Antioxidants Market Segment Insights

Feed Antioxidants Type Insights

Based on type, the Feed Antioxidants market segmentation includes Beta Hydroxy Acid, Butylated Hydroxytoluene, Ethoxyquin and others. The Butylated Hydroxytoluene Feed Antioxidants segment held the majority share in 2022, contributing around ~65-67% concerning the Feed Antioxidants market revenue. Synthetic antioxidants are often created as consistent-composition pure chemicals and used in clearly specified combinations with other pure compounds. The feed antioxidants market is growing due to higher stability, convenient availability, and reduced production costs. Also, it prevents the oxidative destruction of other minerals and fat-soluble vitamins and the loss of feed's active components. The largest and fastest-growing BHT market is anticipated to be in Asia Pacific. This is a result of the Region's expanding feed business.

Figure 1:  Feed Antioxidants Market, by Type, 2022 & 2030 (USD billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Feed Antioxidants Livestock Insights

The Feed Antioxidants market segmentation, based on Livestock, includes Poultry, Ruminants, Swine, Aquaculture and others. The Poultry segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Reducing feed costs per bird is a priority since it is one of the key elements affecting feed in poultry production. Since that feed must be transformed into meat and eggs, poultry production must be effective. Feed costs may be decreased by adding feed additives like enzymes and antioxidants, which improve digestibility and stop nutrients from being lost. Consequently, poultry receives more nutritional value from a given amount of feed, which spurs the market for feed antioxidants. For the poultry market, businesses like Cargill, Koninklijke DSM N.V., and Kemin supply feed antioxidants such as citric acid, BHT, butylated hydroxyanisole (BHA), and tocopheryl acetate as well as carotenoids, tocopherols, and synthetic antioxidants.

Feed Antioxidants Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. Asia Pacific Feed Antioxidants market accounted for USD 0.88 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. ly, the market for feed antioxidants is expanding, mostly due to increased meat consumption. Up to 2025, the market for feed antioxidants is anticipated to grow steadily. According to estimates, the Asia Pacific is the greatest developed market for feed antioxidants. Producers have a lot of future possibilities in this expanding industry. The Asian countries' expanding economies, which are certain to see a rise in disposable incomes and spur demand for protein-rich foods like meat and dairy, are to blame for the Region's share and growth rate domination. The rising feed cost is the primary element driving a rise in demand for feed antioxidants to prevent feed from spoiling and extend its shelf life. Also, feed antioxidants are required due to the hot and humid temperatures in several world regions. Moreover, the China Feed Antioxidants market held the largest market share, and the India Feed Antioxidants market was the fastest-growing market in the Asia-Pacific region.

 Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Feed Antioxidants Market Share By Region 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

North America will likely be one of the leading Feed antioxidant markets over the forecast timeframe. Due to the USA's robust meat processing sector, which mostly comprises JBF, Tyson, Cargill, and National Beef, there is expected to be a high demand for these chemicals. The proliferation of retailers that deliver frozen meals is expected to have a favorable impact on Mexico's rising red meat consumption.

The Europe Feed Antioxidants market is predicted to develop significantly due to a developed automotive industry and a rise in personal automobiles. The International Council on Sustainable Transportation estimates that 5.7 million more new automobiles were registered in Europe in 2019 than in 2018. Also, the area is now the largest cosmetic market and is experiencing a surge in cosmetic product demand, which will spur expansion. Further, the Germany Feed Antioxidants market held the largest market share, and the U.K. Feed Antioxidants market was the fastest-growing market in the European Region.

Feed Antioxidants Key Market Players & Competitive Insights

Leading market players are investing a lot of money in R&D to expand their product portfolios, which will spur further market growth for Feed Antioxidants. With significant industry changes, including new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market developments are also undertaking various strategic activities to expand their presence. Feed Antioxidants industry competitors must provide affordable products to grow and remain in a market that is becoming increasingly competitive.

Manufacturing locally to cut operational costs is one of the main business tactics the Feed Antioxidants industry uses to serve customers and increase the market sector. The Feed Antioxidants industry has recently given medicine some of the most important advantages. The Feed Antioxidants markets major players such as BASF SE (Germany), Cargill Incorporated (U.S.), Kemin Industries (U.S.), Royal DSM N.V. (Netherlands), Archer Daniels Midland Company (U.S.), Nutreco N.V. (Netherlands), Adisseo (France), Perstorp (Sweden), Novus International Inc. (U.S.), Danisco (Denmark), Alltech, Inc. (U.S.), BTSA (Spain), OXIRIS (Spain), Yufeng International Co., Ltd (China), Vitablend Nederland B.V. (Netherlands), and others are working on expanding the market demand by investing in research and development activities.

Cosphatec partners in stabilizing contemporary and organic cosmetics using only environmentally sound and humanely sourced raw components. Cosphatec GmbH introduced the Cosphaderm Tapmix antioxidant mixture in April 2021. This brand-new item is a natural antioxidant combination with special qualities for the best product protection and simplicity of use.

Aquaculture, pet food, nutraceuticals, food technologies, agricultural technologies, textiles, human/animal health and nutrition, and aquaculture are just a few sectors for which Kemin Industries provides specialty ingredients. In April 2021, Kemin Industries introduced Paradigmox Green, a new antioxidant product, to the EMENA (Europe, Middle East, and North Africa) Region's organic livestock production market.

Key Companies in the Feed Antioxidants market include

• BASF SE (Germany)


• Cargill, Incorporated (U.S.)


• Kemin Industries (U.S.)


• Royal DSM N.V. (Netherlands)


• Archer Daniels Midland Company (U.S.)


• Nutreco N.V. (Netherlands)


• Adisseo (France)


• Perstorp (Sweden)


• Novus International Inc. (U.S.)


• Danisco (Denmark)


• Alltech, Inc. (U.S.)


• BTSA (Spain)


• OSIRIS (Spain)


• Yufeng International Co., Ltd (China)


• Vitablend Nederland B.V. (Netherlands)

 Feed Antioxidants Industry Developments

• February 2021: The Texas-based skincare company SkinCeuticals released a new antioxidant serum for oily skin. Introducing this new product may strengthen the company's entry into the market for antioxidant-based skincare products.


• November 2021: The Indian pharmaceutical business Synergia Life Sciences has been acquired by the Danish biotechnology firm "Novozymes." Probiotics and natural Vitamin K2-7 are two of Synergia's best-known goods. Novozymes completes the deal with a $150 million payment. The arrangement will promote the expansion of the functional food sector.

Feed Antioxidants Market Segmentation

Feed Antioxidants Type Outlook (USD Million, 2018-2030)

• Beta Hydroxy Acid


• Butylated Hydroxytoluene


• Ethoxyquin


• Others

Feed Antioxidants Livestock Outlook (USD Million, 2018-2030)

• Poultry


• Ruminants


• Swine


• Aquaculture


• Others

Feed Antioxidants Regional Outlook

• North America


• US


• Canada


• Europe


• Germany


• France


• UK


• Italy


• Spain


• Rest of Europe


• Asia-Pacific


• China


• Japan


• India


• Australia


• South Korea


• Australia


• Rest of Asia-Pacific


• Rest of the World


• Middle East


• Africa


• Latin America