MARKET OVERVIEW:
The Middle East and Africa Feed Antioxidants Market was worth USD 19.38 million in 2018 and estimated to be growing at a CAGR of 5.444%, to reach USD 25.26 million by 2023. The Middle East & Africa Feed Antioxidants Market has continued to increase because of Antioxidants’ essential contribution in all kinds of feeds for animal and is thus predicted to show steady growth in next few years, resulting in the agriculture industry to grow interested in the market.
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FACTORS DRIVING THE FEED ANTIOXIDANTS MARKET:
Increasing awareness about benefits of Antioxidants on Animal health among farmers.
Due to the increased cost of feed for the cattle.
Reduced wastage due to oxidation.
Industrialization of the livestock industry and the outbreak of livestock diseases etc.
REPORT SEGMENTED AS:
Based on Livestock:
Cattle
Swine
Aquaculture
Poultry
Other livestock
Based on Antioxidant type:
BHA Antioxidants
BHT Antioxidants
Ethoxyquin Antioxidants
Other Synthetic Feed Antioxidants
GEOGRAPHICAL SEGMENTATION:
Geographically, the market is segmented into the Middle East and Africa. The market in this region is expected to perform even better and capture the significant global market share for the forecasted period.
KEY MARKET PLAYERS:
Adisseo France SAS
Archer Daniels Midland Company
Alltech
Danisco
Cargill Inc
Nutreco N.V.
DSM
Kemin Europa
Novus International
Perstorp
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THE SCOPE OF THE REPORT:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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