Market Research Future

Global Feed Acidifiers Market to Exceed a Healthy Grow at CAGR of 6.8% from 2018 to 2023

Feed Acidifiers Market Research Report: by Type (Formic Acid, Acetic Acid, Propionic Acid, Lactic Acid, Fumaric Acid and Citric Acid), Livestock (Swine, Poultry, Ruminants and Aquatic Animals), Form (Dry and Liquid) and Region – Forecast till 2023


Pune, India -- (SBWIRE) -- 07/13/2018 -- Market Overview:
Growing demand for animal feed which contains high protein and other vital ingredients is driving the growth of the feed acidifiers market. Moreover, improvement in processing methods & technologies, and growing opportunities in the developing economies are influencing growth of the market. Major players are expanding their geographical presence, which has supporting the growth of feed acidifiers market. Moreover, feed acidifiers market is witnessing significant growth due to increasing application in feed industry.

Rising demand of nutritious animal feed owing to application in various animal feed products is driving the market for food adiculants market.

Rising health concerns is one of the major factors supporting to the growth of the market at global level. With the rising consumer awareness and their growing concern in healthy lifestyle, the demand for feed acidifiers has increased to great level. Though, fluctuating prices of raw material and accessibility of economical substitutes of feed acidifiers may hinder the market growth over the review period. Increased consciousness about the feed acidifiers has raised the feed quality, which has increased the sales of global feed acidifiers market. In addition to the change in cosumption pattern, increasing meat consumption, and the deterrence of diseases in livestock are expected to boost the global feed acidifiers market.

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Latest Industry Updates:
Jan 2017 Acidifiers mainly pure organic acids are also used as feed additives to keep feed safe from microbial and fungal destruction.

Feb 2017 Key players are introducing animal feed which fight against Salmonella. Salmonella is the main reason behind the colonization in poultry feed. 

Jan 2017 Sodium bicarbonate can rise gastric pH level and neutralize a considerable amount of the gastric acid or any added feed acidifier.

Oct 2016 Acidifiers have gained popularity in modern animal feed production and have been recognized to be an effective alternate to antibiotics.

Major Key Players:
Key players are focusing on new product development in order to improve the customer base. Apart from that, the key manufacturers are doing partnership with various research institutes to develop more products to fulfill increasing market demand.

The key players profiled in feed acidifier market report are BIOMIN Holding GmbH (Austria), Kemin Europa NV (Belgium), BASF SE (U.S.), Novus International, Inc. (U.S.), Corbion N.V. (the Netherlands), Impextraco NV (Belgium), Jefo Nutrition Inc. (Canada), Kemira OYJ (Finland), Perstorp Holding AB (Sweden), and Yara International ASA (Norway) among many others.

Market Segments:
The global feed acidifier market has been divided into type, livestock, form, and region.

On The Basis of Type: formic acid, acetic acid, propionic acid, lactic acid, fumaric acid, and citric acid

On The Basis of Livestock: swine, poultry, ruminants, aquatic animals, and others

On The Basis of Form: dry, and liquid

On The Basis of Region: North America, Europe, Asia Pacific, and ROW.

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Regional Analysis:
Global feed acidifiers market is segmented into the North America, Europe, Asia Pacific, and rest of the world (RoW). The European region is dominating the feed acidifiers market followed by the Asia Pacific owing to rising population followed by increasing consumption of poultry and meat products in developing regions. Moreover, China is the major exporter of poultry and meat, which, in turn, drives the market of feed acidifiers in the Asia Pacific region. Key players in the feed acidifiers market are largely located in Europe. Additionally, key players are following the strategies of mergers and acquisitions with small players to expand their business in other regions due to increasing demand for nutritive feed, which, in turn, has uplifted the growth of feed acidifiers market.