Animal Feed Antioxidants Market – Global Industry Analysis Report 2024

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Animal Feed Antioxidants Market Global Industry
Analysis Report, Share, Size, Growth, Price
Trends and Forecast, 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Animal Feed Antioxidants
Market

• Asia Pacific led by China and India dominated the
  animal feed antioxidants market and accounted for
  over a third of the global consumption. Hot
  humid climatic conditions favouring livestock
  industry drives product demand.
• Increasing consumption of chicken over beef
  according to religious acceptance may drive
  livestock industry. North America, led by the US,
  is a notable contributor to the market.
• Rapid industrialisation and increase in protein
  meat consumption drives product demand.
  Regulatory inclination may increase market
  penetration such additives in future.

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Application Analysis of Animal Feed Antioxidants
Market

• Growing diseases in the farm and domestic animals
  is also a concern that will propel the market. It
  has been noted that oxidative rancidity or lipid
  peroxidation results in a serious decrease in the
  energy value of fat or oil.
• This causes several diseases in the animals.
  Increasing awareness and preference amongst
  animal breeders to offer disease resistant traits
  in the animal feed for better quality meat will
  affect the market.
• Increasing availability of frozen foods in
  shopping malls and food joints may propel meat
  consumption owing to drive market. Improved
  quality eating of consumers has contributed in
  meat consumption owing to drive product demand.
• Animal feed antioxidants type includes natural
  and synthetic. Synthetic animal feed antioxidants
  market dominated the industry and accounted for
  over half of the global share.

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Competitive Market Share of Animal Feed
Antioxidants Market

• Presence of major meat manufacturers such as
  Tyson, Cargill, National Beef, and JBF may also
  positively impact product demand. Strong
  manufacturing units for pork meat in Europe
  especially in France and Germany may drive animal
  feed antioxidants market volume.
• Latin America, led by Brazil is the fourth
  largest producer of meat with estimated 25
  million tons of production.
• Excessive consumption of red meat in Mexico may
  drive market demand. African government in
  countries especially in South Africa Nigeria
  has implemented business plan for poultry in
  domestic level owing to drive animal feed
  antioxidants market share.

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