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Technavio’s market research analysts have identified the rising demand for natural antioxidants to be one of the primary factors that will trigger the growth of the animal feed antioxidants market in the coming years. There is a growing demand for natural antioxidants over synthetic antioxidants owing to the high preference for chemical-free additives. Natural antioxidants are extracted from fruits such as pomegranate, lemon, orange, and rosemary plants. Rosemary plants contain a high percentage of antioxidants and offer various benefits such as delaying the oxidation of lipids in animals and preventing cancer by inhibiting mutations in deoxyribonucleic acid (DNA). Such benefits will drive the need for natural antioxidants, fueling the growth of the animal feed antioxidants market. Our market research analysts have estimated that this animal feed additives market will grow steadily at a CAGR close to 5% by 2022.
Trace minerals play a vital role in biochemical, metabolic, and enzymatic reactions leading to better egg production, feed efficiency, and growth enhancement. The lack of trace minerals such as zinc, manganese, cobalt, copper, iron, magnesium, selenium, iodine, and molybdenum will lead to low hatchability, low-feed efficiency, an outbreak of diseases, and poor growth rate. Moreover, trace minerals such as selenium contribute efficiently to controlling and triggering the functionality of glutathione peroxidase antioxidants. This will drive the demand for trace minerals, which according to our analysts, is one of the key trends that will gain traction in the animal feed antioxidants market during the next few years.
The animal feed antioxidants market is concentrated due to the presence of few established players. This industry research report provides an in-depth analysis of the competitive environment among the companies in the animal feed additives market. Additionally, the report also suggests areas the vendors should focus on and the strategies they should follow to sustain the competition in this global market.
The report provides an analysis of a number of companies in this marketspace including –
The cattle segment accounted for the major share of this animal feed additives market during 2017. Our analysts have predicted that though this segment will witness a decrease in this shares during the next few years, it will continue to account for the maximum growth of the animal feed antioxidants market.
APAC accounted for the maximum shares of the animal feed additives market during 2017. Our analysts have predicted that with the growing demand for animal feed antioxidants, this region will contribute to the maximum share of this animal feed additives market throughout the next few years.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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