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Global Feed Preservatives market report, size, share, trends and forecast to 2028

Global Feed Preservatives market report, size, share, trends

According to Stratistics MRC, the Global Feed Preservatives Market is accounted for $3.46 billion in 2022 and is expected to reach $4.83 billion by 2028 growing at a CAGR of 5.7% during the forecast period.

A feed preservative is a substance used in animal feed to reduce or prevent bacterial development. These additives decrease microbial contamination, extending the shelf life of complex feed. The two most often used preservatives are antioxidants and mold inhibitors. Demand for feed preservatives is rising as the livestock and feed industries expand. The expanding demand for feed additives has been greatly influenced by the increased attention on food and feed safety.

The livestock sector has been impacted by the vastly increased global demand for animal production. The market is being driven by a number of variables, including a sharp increase in meat consumption, a growth in the demand for meat and dairy products, and a rise in egg demand. The demand for feed preservatives has greatly expanded as a result of the growing demand for livestock in the food business.

By geography, Asia Pacific is projected to hold the largest market share during the forecast period owing to the growing importance of the cattle and poultry industries in the region, particularly in India and China. Additionally, it is anticipated that the region will use feed preservatives more frequently due to the favorable view of disease-free bovine meat. China is one of the world's major producers of meat, which is anticipated to continue to be advantageous for market expansion within the region.

Some of the key players profiled in the Feed Preservatives Market include Alltech, Inc., Archer-Daniels-Midland Company, Avon Animal Health, Bluestar Adisseo Nutrition Group Ltd., BASF SE, Cargill, Inc, DSM N.V., Eastman Chemical Company, Impextraco NV, Jungbunzlauer Suisse AG, Kemin Industries, Niacet Corporation, Nor-Feed, Novus International, Inc., Nutreco N.V., Perstorp Holding AB, Pestell Minerals & Ingredients, Inc., Saideep Exports Pvt. Ltd., Vee Excel Drugs and Pharmaceuticals Pvt. Ltd., Vinayak Ingredients

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By Types:
• Anticaking Agents
• Feed Antioxidants
• Mold Inhibitors
• Feed Acidifiers

By Livestocks:
• Aquaculture
• Poultry
• Ruminants
• Swine
• Other Livestocks

By Feed Types:
• Compound Feed
• Silage
• Feed Meal
• Feed Premix
• Other Feed Types

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

For more information about this report visit
https://www.strategymrc.com/report/feed-preservatives-market
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Contact Us:
Email: sales@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd Phone: +1-301-202-5929
Website: https://www.strategymrc.com

About Us:
Stratistics MRC offers a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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