Europe Feed Antioxidants Market Size (2024 - 2029)

Europe Feed Antioxidants Market Analysis

The Europe Feed Antioxidants Market size is estimated at USD 1.53 billion in 2024, and is expected to reach USD 1.85 billion by 2029, growing at a CAGR of 3.9% during the forecast period (2024-2029).

The rising demand for meat, fish, poultry, and other products in the region enhanced yield by improving performance. According to the Eurostat, Denmark and Spain remain the largest consumers of pork in Europe in 2023, with 73.6 and 53.8 kg/inhabitant respectively, ahead of Poland with 50.7 kg/inhabitant. The market growth in the region is mainly driven by increasing production, rising animal health concerns, and growing industrialization of livestock. FDA has had responsibility for feed safety since it took on food safety under the original Pure Food and Drug Act of 1906. However, the Federal government's role in feed safety increased with the feed industry’s use of medicated feeds.

Feed antioxidants are substances used in animal feeds to increase the shelf life of feed by preventing undesirable oxidation in finished feeds and the guts of animals. They are known to keep the nutritional and energy value of the feed intact and also prevent rancid oxidation of fats. According to Eurostat, in 2023, there are around 3,164.60 thousand dairy cattle in France. The higher demand for compound feed for cattle farms is anticipated to drive the market for feed additives in the country during the forecast period. The industrialization of the livestock industry, which is growing at a healthy rate, is the major driving force behind the growth of the feed antioxidant industry. Increased awareness among the farmers about the benefits of antioxidants, is another factor augmenting the market growth studied. The market is also growing due to the expansion of the animal meat market.

Furthermore, the rise of food safety concerns regarding dairy and meat products has increased the use of feed antioxidants in countries like Germany, Spain, and Poland. Moreover, the leading manufacturers are rapidly investing in research and development (R&D) activities to upgrade their manufacturing technologies to improve the yield and quality of the antioxidants. The companies are also opting for innovative solutions to ensure high-quality feed antioxidant inputs in animal feeds and enhance the efficiency of meat production.

Moreover, feed antioxidants are regulated under the European Food Safety Authority (EFSA) in the European Union. Producers of feed antioxidants are required to follow strict regulations related to regional and national health and safety for their product approval in developed countries. This ultimately affects the cost of the final products. Such regulatory initiatives pose challenges for the existing feed antioxidant products and increase the cost of new feed development. Furthermore, the EU Green Deal policy agenda and national authorities' initiatives to tackle environmental emissions (BE, NL – ammonia emissions) and welfare issues (DE) are anticipated to continue to create additional pressure on the EU livestock and antioxidants sector.

Europe Feed Antioxidants Industry Segmentation

Antioxidants are compounds or substances that inhibit oxidation, thereby eliminating potentially harmful oxidizing agents from living organisms. The Europe Feed Antioxidants Market Report is Segmented by Animal Type (Ruminant, Poultry, Swine, Aquaculture, and Other Animal Types), Type (BHA, BHT, Ethoxyquin, and Other Types), and Geography (United Kingdom, Russia, Spain, France, Germany, and Rest of Europe). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.