The global Feed Acidifiers Market size is expected to reach USD 4,148.9 Million in 2028 and register a revenue CAGR of 4.3% over the forecast period, according to the latest report by Reports and Data. Increasing consumption of meat products, rising government funding, and growing public awareness about use of feed acidifiers in animal feed are key factors driving market revenue growth. Feed additives are nutritional supplements given to farm animals, which ensure that these animals are well-nourished.
The competitive landscape section of the report discusses in detail the company overview, product and services portfolio, business expansion plans, production and manufacturing capacity, financial standing, and global market position. It further sheds light on the recent mergers and acquisitions, collaborations, partnerships, corporate and government deals, agreements, and product launches.
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The study also analyses the crucial market aspects, including RD, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.
This global study report is a comprehensive analysis of the industry offering historic and forecast assessment of the global market. Along with SWOT analysis and Porter’s Five Forces analysis, the report also covers feasibility analysis and investment return analysis. Key statistical data has been organized into charts, diagrams, bar graphs, figures, and other pictorial representation. The report also offers strategic recommendation to key players and new entrants to overcome challenges and gain a robust footing in the market.
Key Participants:
Major companies profiled in the market report are BASF SE, Yara International ASA, Kemin Industries, Kemira Oyj, Perstorp Holding AB, Novus International, Inc., Corbion N.V., Anpario PLC, PeterLabs Holdings Berhad, and JEFO Nutrition Inc.
Some Key Highlights From the Report:
- Propionic acid segment accounted for the largest revenue share in 2020. The most widely used feed acidifier on the market is propionic acid. As an organically based acidifier, its use as a feed additive is advantageous because it is safe for animals, humans, and the environment. Propionic acid is primarily utilized as a nutritional supplement and as an important source of feed additive. It can also be used as a preservative in animal feed since it inhibits bacterial development in molds. Propionic acid's preservation effect aids in prevention of feed nutrient losses and mycotoxin development. Propionic acid also aids in prevention of reproductive issues, digestive issues, and immunological weakness in livestock. Propionic acid's dominance in the feed acidifiers industry is largely due to these factors.
- Dry segment is expected to expand at significant revenue CAGR in the global feed acidifiers market over the forecast period. Because of the ease of use, storage, and transportability, the majority of companies in this market offer their products in dry form.
- Blended compound segment is expected to register a rapid revenue growth rate over the forecast period. Because blended feed acidifiers are more inexpensive for individual, group, and corporate farmers, they will continue to be the economical choice for feed acidifiers. They are also less difficult to administer to livestock. Their varied makeup makes them easier to digest for livestock.
- Poultry segment accounted for the largest revenue share in the global feed acidifiers market in 2020. Unlike pig and beef, poultry flesh is commonly consumed and has few religious restrictions. Natural feedstuffs can only cover a portion of a poultry's mineral needs, necessitating the use of feed supplements like acidifiers in feed compositions. Antibiotic growth promoters (AGP) are routinely used in poultry feed to help improve poultry health. These acidifiers help keep the pH in poultry stomachs stable, allowing proteolytic enzymes to activate and operate properly.
- Market in Europe accounted for significant revenue share in the global feed acidifiers market in 2020. Various governments around the European Union have also tightened the rules and regulations governing what European farmers can feed their cattle. Healthy compounds and components, as well as substances and elements that boost livestock's general and gut health, are increasingly required by European governments.
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For the purpose of this report, Reports and Data has segmented the global feed acidifiers market based on type, nature, form, compound, livestock, and region:
Market Segmentation:
Type Outlook (Revenue, USD Million; 2018-2028)
- Propionic Acid
- Formic Acid
- Lactic Acid
- Citric Acid
- Malic Acid
- Sorbic Acid
- Others
Nature Outlook (Revenue, USD Million; 2018-2028)
- Organic Feed Acidifiers
- Inorganic Feed Acidifiers
Form Outlook (Revenue, USD Million; 2018-2028)
- Dry
- Liquid
Compound Outlook (Revenue, USD Million; 2018-2028)
- Blended Compound
- Single Compound
Livestock Outlook (Revenue, USD Million; 2018-2028)
- Poultry
- Swine
- Ruminants
- Aquaculture
- Pets
- Others
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Regional Outlook (Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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