Global Feed 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) – Industry Trends and Forecast to 2030.
Feed Acidifiers Market Analysis and Size
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.
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.
Feed Acidifiers Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Tons, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
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Market Players Covered
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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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Market Opportunities
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Market Definition
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.
Global Feed Acidifiers Market Dynamics
Drivers
- Growing demand for animal protein
The increasing global population and changing dietary preferences have led to rising demand for animal protein, driving the need for improved animal nutrition and health through feed additives like acidifiers.
- Rising focus on animal health and welfare
Acidifiers are known to improve gut health, enhance feed digestibility, and support animal growth and performance. Increasing awareness of animal health and welfare among producers is driving the adoption of feed acidifiers.
Opportunities
- Expansion in the aquaculture industry
The aquaculture sector is witnessing significant growth due to the increasing demand for seafood. Acidifiers can be used to enhance feed efficiency and disease resistance in aquaculture, presenting opportunities for market growth.
- Development of innovative acidifier formulations
Ongoing research and development efforts are focused on developing advanced acidifier formulations that provide better efficacy, stability, and targeted delivery, which can create opportunities for market expansion.
Restraints/Challenges
- Lack of awareness and understanding
The adoption of feed acidifiers may be hindered by a lack of awareness and understanding among producers, particularly in developing regions. Educating and promoting the benefits of acidifiers will be essential to overcome this restraint.
- Fluctuating raw material prices
The prices of raw materials used in the production of feed acidifiers, such as organic acids, can be volatile. Fluctuations in raw material prices can impact the cost of production and potentially affect market stability.
Recent Development
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On November 21, 2022 ADM announced the release of two SUCRAM products, which are in-feed sweetening solutions for cattle species. Pancosma, SUCRAM M'I Sweet, and SUCRAM Specifeek are sweeteners created by ADM's worldwide feed additives business to increase the palatability of feed for young animals, particularly weanling pigs. Palatants and sweeteners are effective nutrition solutions for increasing feed intake and increasing producer efficiencies while also improving animal health and well-being. As a result, the company's product line has grown.
Global 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
Global Feed Acidifiers Market Regional Analysis/Insights
The global feed acidifiers market is analysed and market size insights and trends are provided by country, type, price range, and application, as referenced above.
The countries covered in the global ammonia 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, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
Asia-Pacific dominates the feed 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 globally.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global 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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