A report by Transparency Market Research has forecast that the animal feed antioxidants market will reach US$216.8 million by 2018, growing at a compound annual growth rate (CAGR) of 4.5% from 2012-2018.
The global animal feed antioxidants market is witnessing growth due to rise in global meat consumption. Moreover, increasing concerns regarding safety of the feed and animal health has resulted in a surge in demand for feed antioxidants.
Demand for animal feed antioxidants was highest in the poultry segment which occupied 34.0% share in the global market in 2011, followed by pork/swine and cattle sector. The consumption of antioxidants by the poultry segment is estimated to grow at a CAGR of 3.8% from 2012 to 2018. These three livestock sectors require plenty of antioxidants in their feed to enhance the feed conversion ratio and to prevent the feed from oxidation to maintain its nutritional value and are expected to maintain their dominance for the next five years.
Almost a year to the day after breaking ground west of Holyoke, construction for the new Seaboard Foods feed manufacturing facility has been completed.
Roughly 100 people were invited to celebrate the opening of the facility two miles west of Holyoke at an open house Wednesday, May 15. After guests were treated to lunch, tours of the feed mill were offered.
"We are excited to enhance our operations in Colorado with a highly efficient feed mill that will play an important role in our integrated system," Seaboard Foods president and CEO Terry Holton said.
"The feed processed by this plant will maximize nutrition at every stage of animal growth, which supports our continued production of high-quality pork products we sell and distribute throughout the world."
The plant will replace two feed mills located in Yuma and Sedgwick counties. According to Wade Wisdom, director of milling and transportation, the new mill is at a more centralized location between operations near Julesburg and Holyoke. Wisdom also noted that with the mill being visible from the highway, it will gain more exposure.
Mike Benedict, seed mill manager, also noted that the mill will benefit Holyoke by increasing tax revenue in the county and by purchasing water, electricity and gas locally.
Eighteen people will be employed at the new Holyoke feed mill.
Exploring the opportunity to bring a feed mill dedicated to producing fish feed to Indiana in hopes of building a new market for Hoosier soybean farmers is the intent of a new grant recently awarded to Indiana Soybean Alliance.
ISA, the state soybean checkoff organization, received a Value-Added Producer Grant from the U.S. Department of Agriculture earlier this month to conduct a feasibility study on locating a feed mill focusing on aquaculture feeds in Indiana.
"Our Hoosier soybean farmers are committed to helping grow our state’s soybean industry by supporting our state’s aquaculture industry," said Jeanette Merritt, chair of ISA’s aquaculture committee from Peru, Ind. "Aquaculture is a promising and growing market for our soybeans and our board is committed to supporting this industry within the state as we continue to look to help build strong markets for our soybeans."
Cargill is to give a US$500,000 grant to the Kansas State University (KSU) to help with the construction of the Cargill Center for Feed Safety Research. The facility will conduct studies with pathogens such as salmonella and E. coli to address current food and feed safety issues facing the feed industry.
Glycerin, a byproduct of biodiesel—an alternative energy source gaining popularity in the U.S. — is now being touted as a viable food source for livestock.