Global Acidifiers Market, By 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), Animal (Ruminant, Poultry, Swine, Aquaculture, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Acidifiers Market
Acidifiers market will grow at a rate of 5.54% for the forecast period of 2021 to 2028. Increasing consumption of meat and dairy products is a vital factor driving the growth of acidifiers market.
Acidifiers are defined as the form of chemical which is used to produce the acid which will be helpful for human body. The formed acid gets ingested in the human body to increase the level of gastric acid which decreases the pH level. Acidifiers help in maintaining low pH in the livestock that prevents diseases by promoting the homogenous blending of the feed and activating digestive enzymes. They are widely used in food industry as it controls the growth of pathogenic intestinal micro-organisms.
Increased threat of diseases in livestock is the vital factor escalating the market growth, also rising government aids or funds promoting the wellness of the feed industry, rising ban of antibiotics in the European union (EU), rising discontinuation of some of the other feed additives, rising awareness and increased preference in quality and concerns about the health of livestock and increasing presence of government aid and their increased funding to the industry are the major factors among others driving the acidifiers market. Moreover, rising encapsulation techniques being used for acidifiers and rising modernization in the production techniques will further create new opportunities for the acidifiers market in the forecast period of 2021- 2028.
However, rising prices of acidifiers and rising emergence of substitute for acidifiers are the major factors among others acting as restraints, while rising efficacy maintenance of acidifiers will further challenge the growth of acidifiers market in the forecast period mentioned above.
This acidifiers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on acidifiers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acidifiers Market Scope and Market Size
Acidifiers market is segmented on the basis of type, form, compound, livestock and animal. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the acidifiers market is segmented into propionic acid, formic acid, lactic acid, citric acid, sorbic acid, malic acid and others. Others have been further segmented into fumaric acid, tartaric acid, butyric acid, acetic acid and benzoic acid. The propionic acid segment is the leading segment and will the acidifiers market during the forecast period mentioned above.
- On the basis of form, the acidifiers market is segmented into dry and liquid. Dry is the leading segment and will dominate the acidifiers market during the forecast period mentioned above.
- Based on compound, the acidifiers market is segmented into blended and single.
- Based on livestock, the acidifiers market is segmented into poultry, swine, ruminants, aquaculture and others. Others have been further segmented into equine and pets. The poultry segment is the leading segment and will the acidifiers market during the forecast period mentioned above.
- The acidifiers market is also segmented on the basis of animal into ruminant, poultry, swine, aquaculture and others.
Acidifiers Market Country Level Analysis
Acidifiers market is analysed and market size, volume information is provided by country, material type, form, compound, livestock and animal as referenced above.
The countries covered in the acidifiers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the acidifiers market due to increasing demand for livestock feed with rich nutrients, increasing awareness regarding the health benefits associated with meat and rising demand for hygienic products in this region. North America and Europe are the expected regions in terms of growth in acidifiers market due to increasing consumption of meat products in this region.
The country section of the acidifiers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acidifiers Market Share Analysis
Acidifiers market competitive landscape provides details by competitor. 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 acidifiers market.
The major players covered in the acidifiers market report are BASF SE, Yara, Kemin Industries Inc., Kemira, Biomin, Impextraco NV, pancosma, NUTREX.BE, Perstorp Orgnr, NOVUS INTERNATIONAL, Jefo, Anpario plc., Corbion, ADDCON GROUP GmbH, Peterlabs Holdings Berhad, Growel Agrovet Private Limited, ALTRON BIOTEC, Vetgen Healthcare Private Limited, V Sthiraa Bioscience., Orchem Products and Anfotal Nutritions Private Limited. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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