- Propionic acid is widely used as a feed preservative due to its antimicrobial properties, which help extend the shelf life of animal feed by inhibiting mold and bacterial growth, ensuring feed safety and quality
- The demand for propionic acid in animal feed is fueled by the expansion of the livestock industry, increasing focus on animal nutrition, and stringent regulations on feed safety and quality across the globe
- Europe dominated the propionic acid for animal feed market with the largest revenue share of 38.5% in 2024, driven by advanced agricultural practices, high livestock production, and strict regulatory standards for feed safety. Countries such as Germany, France, and the Netherlands are key contributors to this dominance
- Asia-Pacific is expected to be the fastest-growing region during the forecast period due to rapid urbanization, rising meat consumption, and increasing investments in modern livestock farming practices
- The biotech/analytical (high purity) segment dominated the largest market revenue share of 60% in 2024, driven by its high effectiveness in ensuring feed preservation and preventing mold growth in animal feed applications
