Feed Acidifiers Market, By Type (Propionic Acid, Formic Acid, Lactic Acid, Citric Acid, Malic Acid, Sorbic Acid, and Others (Fumaric Acid, Tartaric Acid, Butyric Acid, Acetic Acid, and Benzoic Acid)), By Form (Dry and Liquid), By Compound (Blended Compound Acidifiers and Single Compound Acidifiers), By Livestock (Poultry, Swine, Ruminants, Aquaculture, And Others Include Equine and Pets), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis, and Forecast till 2029

The global feed acidifiers market accounted for USD 2.99 billion in 2020 is estimated to be USD 5.01 billion by 2030 and is anticipated to register a CAGR of 5.4%.

Feed acidifiers are additives that are used to enhance the nutrients, and are used to lower the pH of feed, which helps in inhibiting the growth of pathogenic intestinal micro-organisms. Acidifiers are organic acids that act as preserving agents and control growth of pathogenic intestinal micro-organisms helps in various industries. For organic acids to be increasingly used in livestock feedstuffs they should be safe and effective in their use. Feed acidifiers are used to increase the chances of prevention of diseases and help in the digestion of feed. Feed acidifiers also improve the feed performance when added, as they offer additional nutrients to the animal feed. Put into humans or mammalian body, these inorganic chemicals become acidic and can be used as gastric acidifiers, urinary acidifiers and systemic acidifiers to control the body.

Rising population worldwide

Increasing population in the developing countries has increased the demand for production of poultry, ruminants, and other livestock for consumption are the major driving force of global feed acidifier market. Increasing government aid promoting the growth of the feed industry and the high threat of diseases in livestock are factors propelling the global feed acidifier market. Rising demand for meat and dairy products with high nutrition value, discontinuation of some of the other feed additives will enhance the market growth of feed acidifiers. Presence of government aid and their increased funding to the industry and high threat of diseases in livestock are factors that boost the growth of target market.

However, rising prices of feed acidifiers has been one of the major restraining factors of global feed acidifier market. Availability of substitutes in market also inhibits the growth of the target market.

The global feed acidifiers market is segmented based on type, form, compound, livestock and region.

On the basis of type, the global feed acidifier market is divided into propionic acid, formic acid, lactic acid, citric acid, malic acid, sorbic acid, and others which includes fumaric acid, tartaric acid, butyric acid, acetic acid, and benzoic acid. On the basis of form, the target market is divided into dry and liquid. On the basis of compound, the target market is divided into blended compound acidifiers and single compound acidifiers. On the basis of livestock, the global feed acidifier market is divided into poultry, swine, ruminants, aquaculture, and others include equine and pets.

Regional Insights:

The global feed acidifiers market accounted for USD 2.99 billion in 2020 and is estimated to be USD 5.01 billion by 2030 and is anticipated to register a CAGR of 5.4%. On region the global Feed acidifiers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominated the feed acidifiers market, as the region has also witnessed an increase in the number of feed mills and feed production. The Europe market account for significant revenue share in the global feed acidifiers market. The market in North America is projected to register significant growth in terms of revenue during the forecast period, followed by Latin America market.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global feed acidifiers market report based on type, form, compound, livestock and region.

Global Feed Acidifiers Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the global feed acidifiers market includes BIOMIN Holding GmbH, BASF SE limited, Perstorp Holding AB, Yara International ASA Limited, Kemin Industries, Inc., ADDCON GmbH, NOVUS INTERNATIONAL Limited, Corbion N.V., Impextraco NV Corp, Anpario Pvt Ltd.

BASF SE Ltd:

It offers an alternative to formaldehyde in animal feed for the enhancement of the cattle. To keep their livestock healthy during the whole life cycle process so they used such food preservatives in the animal feed to avoid contamination.

• BIOMIN Holding GmbH
• BASF SE limited
• Perstorp Holding AB
• Yara International ASA Limited
• Kemin Industries, Inc.
• ADDCON GmbH
• NOVUS INTERNATIONAL Limited
• Corbion N.V.
•  Impextraco NV Corp
• Anpario Pvt Ltd.