Antioxidants are also generally termed as “shelf-life extenders.” Feed antioxidants protect deterioration of other feed nutrients in the feed such as fats, vitamins, pigments and flavoring agents, thus providing nutrient security to the animals. Oxidized feed can result in decreased animal health and performance; therefore it is essential to prevent feed from oxidation. It is expected that with globally increasing demand for livestock products such as meat, eggs and milk, demand for antioxidants as feed additives will also rise. Globally, livestock producers will focus on higher usage of antioxidants in the feed to reduce loss due to feed deterioration and to save cost on feed inputs.
The robust growth in meat consumption on the global front has significantly benefited the animal feed and subsequently the animal feed antioxidants market over the past few years. However stringent government regulations and the number of issues encountered while working with natural feed antioxidants are retraining the global animal feed antioxidants market from achieving a rather flourishing growth.
Antioxidants, commonly referred to as “shelf-life extenders”, extend the shelf-life of feed nutrients in animal feed elements such as vitamins, fats, pigments, and flavoring agents. Thus, animal feed antioxidants serve to provide nutrient security to the animals dependent on the feed. Oxidization of animal feed leads to reduced performance and weakened health of animals. It is therefore essential to keep animal feed from getting oxidized, purpose that is aptly served by animal feed antioxidants.
The globally rising demand for livestock products such as milk, eggs and meat has given to significant demand rise for animal feed antioxidants, along with the primary rise in demand for natural and synthetic animal feed. It is expected that livestock producers on a global front will focus on high use of antioxidants in animal feed to reduce instances of nutrient loss and deteriorated feed quality due to oxidation.
Antioxidant use in animal feed also depends upon the climate. In humid climates of Asia and South America, the increased levels of moisture in the air make the feed more susceptible to oxidation which may result in deterioration of feed quality. The revenue generated by global animal feed antioxidants in 2011 was USD 162.4 million and is estimated to reach USD 216.8 million in 2018, growing at a CAGR of 4.2% for the next five years. Feed antioxidants are of two types, natural and synthetic. Natural antioxidants are made by using raw materials such as oilseeds, corn, rapeseed and others which are blended with various ingredients such as soya and grains to match the requirements laid down by the FDA. Synthetic antioxidants are made as pure substances of constant composition and are applied in well defined mixtures with different pure substances.