About Feed Acidifiers
Feed acidifiers are substances added to animal feed to lower the pH level of the feed and the digestive tract of the animal. They are usually organic acids such as citric acid, lactic acid, propionic acid, and formic acid. The use of feed acidifiers in animal feed can help improve the digestion and absorption of nutrients, reduce the growth of harmful bacteria in the gut, and promote a healthy gut environment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.3% |
Competition among existing players is due to the Feed Acidifiers market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Feed Acidifiers Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Feed Acidifiers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kemira Oyj (Finland), BASF SE (Germany), Cargill Inc. (United States), Nutrex (United States), Kemin Industries (United States), Yara International (Norway), Pancosma (Switzerland), Biomin (Austria), Perstorp Holding (Sweden), Impextraco (Belgium) and Novus International Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Nutreco N.V (Netherland), Jefo Nutrition (Canada) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Feed Acidifiers market by Type (Propionic Acid, Fumaric Acid, Lactic Acid, Formic Acid, Sorbic Acid, Malic Acid and Others), Application (Poultry, Swine, Cattle, Aquatics and Others) and Region.
On the basis of geography, the market of Feed Acidifiers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Dry will boost the Feed Acidifiers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Feed Acidifiers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Compound, the sub-segment i.e. Blended will boost the Feed Acidifiers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing government aids or funds promoting the wellness of the feed industry. and Increased focus on animal welfare and health.
Market Growth Drivers:
Increasing demand for animal protein. and High threats of disease in livestock.
Challenges:
Maintaining consistent efficacy and performance across various livestock species.
Restraints:
Rising prices of feed acidifiers.
Opportunities:
Increase R&D activities to achieve superior product innovation. and Expansion in emerging countries.
Market Leaders and their expansionary development strategies
In April 2021, Eastman Chemical Company announced that it has acquired 3F Feed & Food, a European leader specializing in the technical and commercial development of additives for animal feed and human food. Located in Spain, 3F’s business and assets are expected to strengthen and support continued global growth of Eastman’s animal nutrition business and will become part of its Additives & Functional Products segment.
In November 2022, ADM, a global leader in human and animal nutrition, announced the launch of two products under its SUCRAM range, an in-feed sweetening solution for livestock species. Developed by ADM’s global feed additives business, Pancosma, SUCRAM M’I Sweet and SUCRAM Specifeek are sweeteners designed to improve the palatability of feed for young animals particularly weanling pigs. Palatants and sweeteners are useful nutrition solutions to improve feed intake and enhance efficiencies for producers while also supporting animal health and well-being.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.