Data Bridge Market Research analyses that the global feed acidifiers market which was USD 2.86 billion in 2022, would rocket up to USD 4.59 billion by 2030, and is expected to undergo a CAGR of 6.1% during the forecast period of 2023 to 2030. “Propionic acid” dominates the type segment of the global feed acidifiers market and helps curb bacterial growth in molds. Hence, it can also be used as a preservative in animal feed. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Analysis and Insights
The global feed acidifiers market is growing demand for animal protein is expected to drive market growth. Additionally, government regulations and restrictions on antibiotic growth are expected to drive market growth.
Feed acidifiers are additives added to feed to promote livestock's gut health by modulating the gut microbiota. Acidifiers used in the preparation of feed have bacteriostatic and bactericidal properties, which aid in maintaining the growth of microbes in the gastrointestinal tract. Animal feed Acidifiers are again the organic acids incorporated with the feed for nutritional or preservative benefits. This acidifier help to control microbial growth, inhibit pathogenic bacteria, reduction of feed buffer capacity, and also improve nutrient digestibility. Acidifiers are also found to enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. The global feed acidifiers market is driven by significant growth in the livestock feed industry and growing demand for livestock products, including milk, eggs, meat, and wool, amongst others.
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Feed Acidifiers Market Scope
The global feed acidifiers market is segmented on the basis of type, form, compound, and Livestock. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Propionic Acid
- Formic Acid
- Lactic Acid
- Citric Acid
- Sorbic Acid
- Malic Acid
- Others
Form
- Dry
- Liquid
Compound
- Blended
- Single
Livestock
- Poultry
- Swine
- Ruminants
- Aquaculture
- Others
Competitive Landscape and Feed Acidifiers Market Share Analysis
The feed acidifiers market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the feed acidifiers market.
Some of the major players operating in the global feed acidifiers market are:
- BASF SE (Germany)
- Novus International, Inc. (USA)
- Perstorp Holding AB (Sweden)
- Kemin Industries, Inc. (USA)
- Nutrex NV/SA (Belgium)
- Impextraco NV (Belgium)
- ADDCON Group GmbH (Germany)
- Biomin Holding GmbH (Austria)
- Pancosma SA (Switzerland)
- Anpario plc (United Kingdom)
- Acidifiers International Group Ltd. (United Kingdom)
- Jefo Nutrition Inc. (Canada)
- Impextraco Asia Pacific Sdn. Bhd. (Malaysia)
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