Market Size of South America Feed Antioxidants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.90 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Feed Antioxidants Market Analysis
The South America feed additive market is estimated to register a CAGR of 4.9% during the forecast period (2020 - 2025). Well developed animal production industry and demand for meat and dairy consumption are the prime drivers of the market whereas the unpopularity of antioxidant feed additives among the farmers in underdeveloped South American countries is the prime restrainer of the market. The market is highly competitive as only a few players exist in the market.