Global Animal Feed Acidifier 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), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Animal feed acidifier market is expected to grow at a CAGR of 4.90% in the forecast period 2021 to 2028. Increasing consumption of meat and dairy products is the major factor driving the growth of animal feed acidifier market in the forecast period of 2021-2028.
Feed acidifiers are the type of additives that are used to improve the nutrients, increase the chances of prevention of diseases and help in the digestion of feed. These additives lower the pH of the feed, thereby decreasing the growth of any external microorganisms in the feed.
Rising government aids or funds promoting the wellness of the feed industry is the vital factor escalating the market growth, also increased threat of diseases in livestock, increasing ban of antibiotics in the European union (EU), increasing discontinuation of some of the other feed additives, rising awareness and increased preference in quality and concerns about the health of livestock and increasing presence of government aid and their increased funding to the industry are the major factors among others driving the growth of animal feed acidifier market. Moreover, rising encapsulation techniques being used for feed acidifiers and rising modernization in the production techniques will further create new opportunities for animal feed acidifier market in the forecast period of 2021- 2028.
However, hiking prices of feed acidifiers and rising emergence of substitute for feed acidifiers are the major factors among others acting as restraints, while rising efficacy maintenance of feed acidifiers will further challenge the growth of animal feed acidifier market in the forecast period mentioned above.
This animal feed acidifier market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on animal feed acidifier market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Animal Feed Acidifier Market Scope and Market Size
Animal feed acidifier market is segmented on the basis of type, form, compound and livestock. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- Based on type, the animal feed acidifier market is segmented into propionic acid, formic acid, lactic acid, citric acid, sorbic acid, malic acid and others. Others have been further segmented into fumaric acid, tartaric acid, butyric acid, acetic acid and benzoic acid. The propionic acid segment is the leading segment and will the feed acidifiers market during the forecast period mentioned above.
- On the basis of form, the animal feed acidifier market is segmented into dry and liquid. Dry is the leading segment and will dominate the feed acidifiers market during the forecast period mentioned above.
- Based on compound, the animal feed acidifier market is segmented into blended and single.
- Based on livestock, the animal feed acidifier market is segmented into poultry, swine, ruminants, aquaculture and others. Others have been further segmented into equine and pets. The poultry segment is the leading segment and will the feed acidifiers market during the forecast period mentioned above.
Animal Feed Acidifier Market Country Level Analysis
Animal feed acidifier market is analyses and market size, volume information is provided by country, type, form, compound and livestock as referenced above.
The countries covered in animal feed acidifier market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Asia-Pacific dominates the animal feed acidifier market due to rising demand for livestock feed with rich nutrients, increased threat of diseases in livestock, rising government aids or funds promoting the wellness of the feed industry, increasing awareness regarding the health benefits associated with meat and rising demand for hygienic products in this region. North America and Europe are the expected regions in terms of growth in animal feed acidifier market due to increasing consumption of meat products in this region.
The country section of animal feed acidifier market 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Animal Feed Acidifier Market Share Analysis
Animal feed acidifier market report competitive landscape provides details by competitor. 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 animal feed acidifier market report.
The major players covered in the animal feed acidifier market report are BASF SE, Yara, Kemin Industries Inc., Kemira, Biomin, Impextraco NV, pancosma, NUTREX.BE, Perstorp Orgnr, NOVUS INTERNATIONAL, Jefo, Anpario plc., Corbion, ADDCON GROUP GmbH, Peterlabs Holdings Berhad, Growel Agrovet Private Limited, ALTRON BIOTEC, Vetgen Healthcare Private Limited, V Sthiraa Bioscience., Orchem Products and Anfotal Nutritions Private Limited. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available : Global Animal Feed Acidifier Market
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