Global Animal Feed Antioxidants Market to Reach $294.7 Million by 2030
The global market for Animal Feed Antioxidants estimated at US$238.5 Million in the year 2023, is expected to reach US$294.7 Million by 2030, growing at a CAGR of 3.1% over the period 2023-2030. Natural Feed Antioxidants, one of the segments analyzed in the report, is expected to record 3.3% CAGR and reach US$146.5 Million by the end of the analysis period. Growth in the Synthetic Feed Antioxidants segment is estimated at 2.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $62.6 Million, While China is Forecast to Grow at 5.4% CAGR
The Animal Feed Antioxidants market in the U.S. is estimated at US$62.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$64 Million by the year 2030 trailing a CAGR of 5.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.
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