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. Vitamins, fatty acids, minerals, and amino acids are commonly found in feed additives. Majority of such elements are not found in foods ordinarily consumed by these animals, thereby, necessitating the need for an external source of nutrients. Minerals and vitamins are micronutrients that are needed in small amounts and must be received from outside sources because the body is unable to process it. Amino acids and fatty acids are macronutrients that the body requires in big amounts and can digest on its own.
Feed additives such as soy, maize, rice, wheat, and other grains and cereals are used in order to provide more nutrition to livestock animals. Acidifiers are added to animal feed as a preservative and to help reduce growth of bacteria and other pathogens.
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Some of the Leading Market Players Are Listed Below:
- BASF SE,
- Yara International ASA,
- Kemin Industries,
- Kemira Oyj,
- Perstorp Holding AB,
- Novus International, Inc.,
- Corbion N.V.
- Others
Global Feed Acidifiers Market Segmentation:
By Type Outlook
- Propionic Acid
- Formic Acid
- Lactic Acid
- Citric Acid
- Malic Acid
- Sorbic Acid
- Others
By Nature Outlook
- Organic Feed Acidifiers
- Inorganic Feed Acidifiers
By Form Outlook
- Dry
- Liquid
By Compound Outlook
- Blended Compound
- Single Compound
By Livestock Outlook
- Poultry
- Swine
- Ruminants
- Aquaculture
- Pets
- Others
Market Overview:
Exponential rise in population, urbanization trends and associated demand for food is likely to drive agriculture market outlook. With increasing disposable income of the populace, demand for high-quality food products is also rising. The governments across the globe are undertaking favorable initiatives to increase their respective agriculture sector output.
According to the WHO and Population Council, nearly 80% of the global population resides in urban cities. The prevailing scarcity of land in urban cities has prompted farmers and growers to adopt new solutions for developing fresh produces. For instance, the vertical farming technique enables consumers to grow crops indoor in layers, in a multi-story building, stacked on racks, or in a warehouse.
The key stakeholders in the farming industry have been focussing on leveraging the prowess of advanced technologies such as big data and IoT. These technologies have proved to be of immense help to obtain precise insights of farming situations which would further aid in better forecasts about agricultural outcomes.
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Competitive Landscape:
The Feed Acidifiers market vendors have implemented various types of organic as well as inorganic growth strategies, such as new product launches, product upgradations, partnerships and agreements, business expansions, and mergers and acquisitions, to strengthen their offerings in the market.
The report sheds light on the comprehensive competitive landscape of the global Feed Acidifiers market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts.
Further, the report segments the Feed Acidifiers market on the basis of product types, applications, end-use industries, and technology among others. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.
Regional Analysis covers:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- K.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
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