New York, NY, April 28, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a new research report titled “Feed Acidifiers Market Share, Size, Trends, Industry Analysis Report, By Type; By Form (Dry, Liquid); By Compound (Blended Acidifiers, Single Component Acidifiers); By Livestock; By Region; Segment Forecast, 2023 - 2032” in its research database.
“According to the latest research analysis, the global feed acidifiers market size/share is anticipated to be valued at approximately USD 2.00 Billion in 2022 and is projected to hit a revenue of around USD 3.67 Billion By 2032, at a CAGR of around 6.3% between 2023 and 2032.”
What are Feed Acidifiers? How Big Is Feed Acidifiers Market Size & Share?
Overview
Feed acidifiers are acids that are included in animal feeds to lower the pH of the gastrointestinal tract, particularly the stomach and intestines, thereby inhibiting the gut bacteria that are harmful and improving the immune response. These acidifiers are typically organic acids and their salts, such as lactic acid, citric acid, or acetic acid. Also, acidifiers can help to restrict the growth of dangerous bacteria, including Salmonella and E. coli, in the digestive tract, which can enhance animal health.
Certain microorganisms included in feed acidifiers have a good impact on nutrition by fostering a balance between pathogenic and helpful gut flora. In addition, they compete with pathogens that control gut cell adhesion. Increased use of animal feed for poultry, swine, aquaculture, and other livestock has been fueling the market growth for feed acidifiers. Rising consumption of livestock by-products is another factor driving the feed acidifiers market size.
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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Our Sample Report Covers:
- 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
- 115+ Pages Research Report (Inclusion of Updated Research).
- Provide Chapter-wise guidance on Requests.
- 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures.
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.
Some of the Top Market Players Are:
- Pancosma SA
- Nutrex NV
- Biomin Holding GmbH
- Impextraco NV
- Novus International Inc.
- Perstorp Holding AB
- Kemin Industries Inc.
- Kemira OYJ
- Yara International ASA
- Kemin Industries
- BASF SE
- Koninklijke DSM N.V.
- Cargil
- Kemin Industries
- Novozymes Inc.
- Novus International Inc.
- Addcon
- Lallemand Inc.
- Beneo Group
- Chr. Hansen Holding A/S
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Key Growth Driving Factors:
- Strong government guidelines to promote feed additives: The introduction of stringent regulations by governments worldwide to support the fee industry that aimed at enhancing animal health and welfare is driving the feed acidifiers market demand. Feed acidifiers offer several benefits and comply with regulatory requirements which are expected to increase their popularity among farmers and producers.
- Rising demand for feed acidifiers in the livestock industry: The threat of disease in livestock, such as bacterial infections and digestive disorders has led to an increased demand for feed acidifiers as they enhance animal health. In recent years, in the livestock industry, various challenges have occurred such as outbreaks of foodborne illnesses which have led to increased concerns over animal welfare and food safety. Thus, the demand for fee acidifiers has increased in the industry.
- Animal protein consumption: Growing adoption of animal protein owing to the growing global population, propels the feed acidifier market growth as these products are utilized to enhance the general well-being and output of livestock and poultry.
- Growing animal welfare concerns: Increasing animal health and welfare concerns further boosts the demand for animal health and welfare concerns. This is because Consumers are paying closer attention to the welfare of the animals they eat. Feed acidifiers help prevent diseases and enhance the overall health of animals, thereby driving the feed acidifiers market growth.
Top Findings of the Report:
- Regulatory support for the feed industry, rising consumption of livestock by-products, and increasing demand for animal protein are some of the key factors accelerating the industry's growth.
- The market is segmented based on type, form, compound, livestock, and region.
- North America dominates the market, accounting for the largest revenue share.
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Top Trends Influencing the Market
- Growing popularity of natural feed additives: There is a rising demand for raw feed additives, such as feed acidifiers because of the growing trends towards natural and organic products. These natural products are viewed as a safe and effective alternative to synthetic additives, driving their popularity.
- Feed acidifiers boost livestock nutrition sales: Rising focus on enhancing livestock and poultry nutrition has been fueling the use of feed acidifiers. These products help boost nutrient absorption, reduce the risk of digestive disorders, and improve feed conversion efficiency. These factors are supporting the feed acidifiers market sales.
- Technological advancements in feed acidifier production: Innovative production technologies are enhancing the effectiveness and stability of feed acidifiers, thereby expanding their range of potential applications.
Segmental Analysis
- Propionic acid segment is expected to register the fastest growth during the forecast period
Based on type feed acidifiers market segmentation, the propionic acid category is likely to grow at the fastest rate owing to its increased demand among poultry farmers. It is frequently utilized to improve chicken feed and increase silage preservation. The Food and Drug Administration in the United States has approved propionic acid as a safe container for the protection of feeds. Thus this type of feed acidifier is highly adopted by farmers and producers.
- Dry segment is predicted to account for the largest feed acidifiers market share over the predicted period
Based on form, the dry segment is anticipated to hold the greatest revenue share due to their properties like easier storage and longer shelf life compared to liquid ones. The dry form is also easier to control for livestock caretakers and feeds additive makers which are fostering its popularity. These factors are estimated to augment the segment growth throughout the foreseen period.
- Blended acidifiers are projected to register the largest share in the coming years
Blended acidifiers compound segment is predicted to account for the major revenue share and is expected to retain its dominance during the predicted time frame. Blended acidifiers have become popular among livestock caretakers because of their ease of handling and effectiveness. Also, blended acidifiers serve various requirements which increase their efficiency compared to single component acidifiers.
- Poultry segment registered the highest market share in 2022
On the basis of livestock, poultry accounted for the highest share and is forecasted to continue to dominate the market. The key factor contributing to the segment growth is the increasing demand for poultry meat across the globe. Global consumption of poultry has increased, and it is now essential to the meat business. Poultry meat has fewer regional constraints than other meats like beef and swine, making it a more readily available option for customers.
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Feed Acidifiers Market: Report Scope
| Report Attribute | Details |
| Revenue Forecast in 2032 | USD 3.67 Billion |
| Market size value in 2023 | USD 2.12 Billion |
| Expected CAGR Growth | 6.3% from 2023 – 2032 |
| Base Year | 2022 |
| Forecast Year | 2023 – 2032 |
| Top Market Players | Pancosma SA, Nutrex NV, Biomin Holding GmbH, Impextraco NV, Novus International, Inc., Perstorp Holding AB, Kemin Industries, Inc., Kemira OYJ, Yara International ASA, Kemin Industries, BASF SE, Koninklijke DSM N.V., Cargill, Kemin Industries, Novozymes, Inc., Novus International, Inc., Addcon, Lallemand, Inc., Beneo Group and Chr. Hansen Holding A/S. |
| Segments Covered | By Type, By Form, By Compound, By Livestock, By Region |
| Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Geographical Overview
North America: The region accounts for the largest revenue share in the market due to the rising demand for feed additives to reduce the pH level of animal feed. Other key feed acidifiers market trends influencing its growth in North America include the growing demand for meat and meat products, increasing worries over antibiotics in animal feed, and growing awareness about animal health and nutrition.
Asia Pacific: Feed acidifiers market in the Asia Pacific region is projected to register the highest growth over the predicted period due to the growing population and utilization of meat products in the region. Meat products are a major export from the APAC region to other regions. The need for acidifiers in the region will rise along with restrictions on antibiotic use in other regions of the world.
Browse the Detail Report “Feed Acidifiers Market Share, Size, Trends, Industry Analysis Report, By Type; By Form (Dry, Liquid); By Compound (Blended Acidifiers, Single Component Acidifiers); By Livestock; By Region; Segment Forecast, 2023 - 2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/feed-acidifiers-market
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Recent Developments
- In January 2022, At IPPE, Corbion Experts introduced their new line of antioxidants which provides meat and poultry producers with fresh and safe solutions that align with consumer demands.
- In January 2021, A new premix animal nutrition facility has been established in Lewisburg, Ohio by Cargill Inc. with an investment of USD 50 million. The facility is now operational after being officially opened.
The Report Responds to The Following Key Questions
- What will be the market size and growth rate by the conclusion of the forecast period?
- What are the major trends in the market that are influencing its growth?
- Who are the key players in this market?
- Which are the key areas of applications and product types that may expect a huge demand during the forecast period?
- What are the main findings of Porter’s five forces analysis and the SWOT analysis of the major companies in the market?
- What are the key strategies adopted by companies in the impact market?
By Type Outlook
- Fumaric Acid
- Formic Acid
- Lactic Acid
- Propionic Acid
- Malic Acid
- Sorbic Acid
- Others
By Form Outlook
- Dry
- Liquid
By Compound Outlook
- Blended Acidifiers
- Single Component Acidifiers
By Livestock Outlook
- Swine
- Poultry
- Aquatics
- Cattle
- Others
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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