LONDON--(BUSINESS WIRE)--The global animal feed antioxidants market is expected to grow at a CAGR of close to 5% during the period 2018-2022, according to a new market research study by Technavio.
The report presents a comprehensive research of the global animal feed antioxidants market by application, including cattle, poultry, and swine. The report also determines the geographic breakdown of the market in terms of detailed analysis and impact, which includes key geographies such as APAC, the Americas, and EMEA.
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Market driver: growing importance of EPA and DHA
EPA and DHA are fundamental omega-3 fatty acids. EPA and DHA are naturally present in the meat, particularly in fish, pork, and chicken. These fatty acids aid in fetus growth, help in boosting the immune system and protect cancerous cell growth (prostate and colon) in humans. Animal feed antioxidants are responsible for boosting the EPA and DHA content in meat. Therefore, they are used in all animal feeds.
According to a senior analyst at Technavio for agrochemicals and fertilizers research, “The popularity of EPA and DHA is expected to grow at a rapid pace. This is due to their benefits such as lowering anxiety and treating arthritis. This is expected to boost the demand for meat across the globe. This will eventually boost the demand for animal feed antioxidants during the forecast period.”
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Market trend: growing demand for trace minerals
Trace minerals such as zinc, manganese, cobalt, copper, iron, magnesium, selenium, iodine, and molybdenum play a vital role in the biochemical, metabolic, and enzymatic reactions that lead to better egg production, feed efficiency, and growth enhancement. The deficit in any of the trace nutrients in the animal feed causes low hatchability, low-feed efficiency, an outbreak of diseases, and poor growth rate. Furthermore, the trace minerals such as selenium help in controlling and boosting the functionality of glutathione peroxidase antioxidants. Thus, the demand for antioxidants and trace minerals is expected to grow during the forecast period.
Market challenge: side effects of adding excessive antioxidants in animal feed
The use of excessive antioxidants over a long period may lead to adverse side effects in the livestock. The high presence of antioxidants such as beta-carotene supplements in livestock can cause oxidative stress and reduced immune function. Additionally, the excessive consumption of antioxidants can result in cardiovascular diseases in animals. Consequently, the addition of antioxidants in animal feed over the stipulated quantity is expected to affect livestock headcount that subsequently causes low dairy and meat production.
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