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Feed Acidifiers Market

Feed Acidifiers Market Forecasts to 2028 – Global Analysis By Type(Citric Acid, Malic Acid and Others), Form(Dry and Liquid), Nature(Organic and Inorganic), Compound(Blended and Single), Livestock and By Geography

4.7 (16 reviews)
Published: October 2021 ID: SMRC20979
4.7 (16 reviews)
Published: October 2021 ID: SMRC20979

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Feed Acidifiers Market is accounted for $2.98 billion in 2020 and is expected to reach $5.16 billion by 2028 growing at a CAGR of 7.1% during the forecast period. Increase in consumption of meat and dairy products, government inclination towards the wellness of feed industry and high threat of diseases in livestock are driving the market growth. However, increasing prices of feed acidifiers are hampering the growth of the market.

Feed acidifiers are organic acids combined into the feed for preservative or nutritional purposes. They help in reduction of feed buffer capacity, controlling the microbial growth, inhibit pathogenic bacteria and also improve the nutrient digestibility. Acidifiers are also found to enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock.

Based on the livestock, the poultry segment is going to have lucrative growth during the forecast period as there is an increase in demand for broilers, layers and breeders that are domesticated to produce eggs and meat for commercial consumption. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the rapid economic growth in the region particularly from countries like China, India and Japan.

Some of the key players profiled in the Feed Acidifiers Market include BASF, Yara International, Kemin Industries, Biomin, Kemira, Perstorp, Novus International, Corbion, Impextraco, Addcon Group, Anpario, Peterlabs, Jefo Nutrition, Pancosma and Nutrex.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 2.98 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

7.1%

Predicted 2028 Value:

USD 5.16 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

240

Chapters Covered:

Type, Form, Nature, Compound, Livestock and Region

Core Drivers and Opportunities:

  • Increase in consumption of meat and dairy products
  • Government inclination towards the wellness of feed industry
  • High threat of diseases in livestock

Restraining Factors & Market Threats:

  • Increasing prices
  • Efficacy Maintenance of Feed Acidifiers


Types Covered:
• Citric Acid
• Formic Acid
• Lactic Acid
• Malic Acid
• Propionic acid
• Sorbic Acid
• Other Types

Forms Covered:
• Dry
• Liquid   

Natures Covered:
• Organic Feed Acidifiers
• Inorganic Feed Acidifiers

Compounds Covered:
• Blended
• Single

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

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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

Key Questions Answered In The Report

The Global Feed Acidifiers Market is majorly driven by increase in consumption of meat and dairy products, government inclination towards the wellness of feed industry and high threat of diseases in livestock.

The poultry segment is growing at a highest CAGR owing to increase in demand for broilers, layers and breeders that are domesticated to produce eggs and meat for commercial consumption.

Europe dominated with a significant market share due to the factors such as rising health consciousness among consumers in the region.

Asia Pacific market is growing at a highest CAGR owing to the rapid economic growth in the region particularly from countries like China, India and Japan.

Key players in Feed Acidifiers Market include BASF, Yara International, Kemin Industries, Biomin, Kemira, Perstorp, Novus International, Corbion, Impextraco, Addcon Group, Anpario, Peterlabs, Jefo Nutrition, Pancosma and Nutrex.

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