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Africa Feed Antioxidants market - Growth, Trends And Forecasts (2015-2020)

The African Feed Antioxidants market is USD 8.7 million in 2015 and is expected to reach a value USD 10.5 million by 2020 with a CAGR of 3.3%. Feed Antioxidants are substances used in animal feeds to increase shelf life of feed by preventing undesirable oxidation in finished feeds, and in the guts of animals. They are known to keep the nutritional and energy value of the feed intact and also prevent rancid oxidation of fats. Antioxidant market is one of the fastest growing additive markets globally because of their necessary contribution to the feed for all kinds of livestock. The growth in the antioxidant market is primarily because of increased global meat consumption and rise in health concerns in livestock. South Africa has the highest market share of USD 3.8 million in 2015 followed by Egypt which has the second highest market share among all other regions. Also, the rise in the cost of feeds has been fuelling the animal feed antioxidants market. The uncertainty surrounding the claims that antibody response is prevented by antioxidants is acting as a slight deterrent but researchers are extending their attention to addressing the issue. The market is segmented based on the types of antioxidants into BHA, BHT and Ethoxyquin. These are used in the feed for animals such as Ruminants, Poultry, Swina, Aqua culture, Pets and Horses. A few major players in the feed antioxidants market are ADM, AllTech, Cargill, Danisco, DSM which are adopting several strategies to increase their presence in the region and thus increase their market share. Key Deliverables in the Study • Market analysis for the African Feed Antioxidants Market, with region specific assessments and competition analysis on global and regional scales • Market definition along with the identification of key drivers and restraints • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale • Extensively researched competitive landscape section with profiles of major companies along with their market shares • Identification and analysis of the macro and micro factors that affect the African Feed Antioxidants market on both global and regional scales • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Published By: Mordor Intelligence
Published Date: Q1 2016

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