2014-01-23 18:24:03 - Global Animal Feed Antioxidants Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Animal Feed Antioxidants market is to grow at a CAGR of 5.07 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing concern about animal health and feed safety. The Global Animal Feed Antioxidants market has also been witnessing an increasing demand for natural antioxidants. However, the impact of global warming due to livestock production could pose a challenge to the growth of this market.
With the increasing demand for naturally processed meat from consumers, the Animal Feed industry has been increasingly demanding that natural antioxidants be used in the feed. Research studies have found extracts from plants and natural compounds to be very helpful in improving the quality of meat.
It has also been found that extracts of various herbs and spices have high antioxidant capacity. For instance, some plants from the Lamiaceae species are reported to have a high antioxidant capacity. Essential oil found in the phenolic compound content of these plants is also reported to have a high antioxidant capacity. Natural antioxidants are used in some stages of the meat production process as such antioxidants are reported to improve the shelf life of meat and improve its quality. Therefore, the increasing demand for natural antioxidants is an emerging trend that is expected to have a positive impact on the growth of the Global Animal Feed Antioxidants market.
One of the key drivers contributing to the growth of this market is the growing concerns about animal health and safety. Factors such as the increase in the use of antibiotics in animal feed in the recent past and its consequence on meat consumers have raised concerns over the effects on human health. Owing to this reason, acceptable daily intakes of antioxidants have been established to counter the use of antibiotics.
One of the key challenges is the impact of livestock production on global warming. The increase in livestock production across the world increases greenhouse gas emissions such as methane gas emissions and carbon dioxide emissions.
The key vendors dominating this space include Adisseo France S.A.S., BASF SE, Danisco A/S, and Novozymes A/S.
The other vendors mentioned include Alltech Inc., Archer Daniels Midland Co., Biovet JSC, Cargill Inc., Chr. Hansen Inc., DSM Nutritional Products Inc., Elanco Animal Health Inc., Evonik Industries AG, InVivo NSA S.A., Kemin Industries Inc., Kyowa Hakko Kirin Co. Ltd., Novus International Inc., Nutreco N.V., Pfizer Animal Health, Phibro Animal Health Corp., Provimi Holding B.V., and Tessenderlo Group.
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