The global animal feed additives market is expected to witness significant growth during the forecast period, owing to surge in consumption of meat products, increase in concerns over meat quality, and rise in safety concerns associated with the outbreak of livestock diseases. Moreover, global industrialization of meat products boosts the market growth. The demand for meat and meat-based products is expected to register a two fold increase by 2030 in the developing countries.

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Lipid oxidation in poultry production affects both animals themselves and feedstuffs consumed by them. Oxidation affects the shelf life and quality of animal products for human consumption. Antioxidants can be added to the feed to revert the deleterious effects of lipid oxidation on all these stages, based on the efficiency of each type of antioxidant and the interactions with the remaining components of the animal’s antioxidative protection system. Furthermore, it helps in increasing the size and weight of the broilers and protects chickens against encephalomalacia (softening or loss of brain tissue)

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COVID-19 Scenario

The global animal feed additives market is segmented based on additive type, livestock, form, function, and region. Based on additive type, the market is categorized into amino acids, antioxidants, feed enzymes, feed acidifiers, vitamins, minerals, binders, antibiotics, and others. The amino acids segment is further classified into methionine, lysine, threonine, tryptophan, and others. Antioxidants segment is sub segmented into BHA, BHT, ethoxyquin, and others. Feed enzymes is further divided into phytase, non-starch polysaccharides, protease, xylanase, and others. Feed acidifiers is subdivided into formic acid, butyric acid, fumaric acid, acetic acid, and others.

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