Antioxidants are compounds or substances that inhibit oxidation, removing potentially dangerous oxidizing agents from living organisms. Halliwell and Gutteridge (1999) stated that "An antioxidant is a substance that, when present in food at concentrations below that of the oxidizable matrix, is significantly capable of inhibiting or halting oxidation." Antioxidants are extraordinarily beneficial for the health and nutrition of animals.
Environmental stresses like high temperatures, infectious diseases, and fatty foods can all lead to animal oxidative stress. Animal nutrition containing antioxidants can reduce oxidative stress by neutralizing free radicals and protecting animal cells. This can improve the animal's immunity, fertility, and health. Animal feed frequently contains antioxidants such as vitamin E, vitamin C, selenium, and plant-derived compounds such as flavonoids and carotenoids.
There has been an increase in the prevalence of animal diseases worldwide in recent years. According to the World Organization for Animal Health (OIE), one out of every five farm animals is lost annually due to disease. In addition, since the late 20th century, zoonotic diseases, which the World Health Organization (WHO) identifies as a growing threat to public health, have posed a growing risk. Approximately 75% of newly identified or emerging infectious diseases (EIDs) originated in animals. Every year, zoonoses are responsible for 2.5 billion cases of human diseases and 2.7 million deaths worldwide.
Zoonoses include significant modern diseases such as Ebola virus disease, salmonellosis, swine flu, bird flu, and COVID-19. This high incidence of animal and zoonotic diseases drives demand for high-quality food products, which drives the global market for animal feed antioxidants.
The leading market participants are launching new products to increase their market share. For instance, Kemin Industries, a global ingredient manufacturer whose products and services aim to sustainably enhance the quality of life for 80% of the globe's population, has introduced a new antioxidant solution, Paradigmox® Green, for the organic livestock production industry in the EMENA region.
Similarly, antioxidants are essential to every diet. Therefore, Kemin Animal Nutrition and Health-EMENA provides its consumers with an extensive portfolio of antioxidant solutions, each tailored product to meet specific customer needs. These product launches are anticipated to present opportunities for market expansion.
Asia-Pacific is the most significant global animal feed antioxidants market shareholder and is estimated to expand substantially over the forecast period. China and India are the two most populous nations on the planet and are located in the Asia-Pacific region, home to 60% of the global population. This enormous population causes a rapid increase in the demand for food, which drives the poultry, cattle, swine, aquaculture, etc. industries. In the Asia-Pacific region, the total value of poultry meat sales increased by 12.13 percent in 2019 and by 5.56% annually from 2016 to 2021. This increase was primarily caused by increased meat consumption, especially in Southeast Asia and Oceania. By 2031, the demand for chicken meat in Asia will reach 154 million metric tons. Therefore, the expansion of the livestock industry necessitates the production of high-quality animal feed, which is anticipated to ultimately stimulate the market for animal feed antioxidants in the region.
The key global animal feed antioxidants market players are DuPont, BASF, Cargill Inc., ADM, DSM Nutritional Product, LLC, AB Vista, Zhejiang Medicine Co., Ltd., Novozymes, Alltech, Adisseo, Kemin Industries, and others.