Global Feed Acidifiers Industry to reach USD 4 billion by 2025. Global Feed Acidifiers Industry valued approximately USD 2.66 billion in 2017 is anticipated to grow with a healthy growth rate of more than 4.91% over the forecast period 2018-2025. Increasing demand for protein rich foods such as meat and dairy products due to rising occurrence of nutritional deficiencies among livestock is expected to drive global feed acidifiers Industry. Growing concerns for improving animal feed quality coupled with rising demand for high nutritional additives is estimated to fuel the Industry growth over the forecast period.
Global feed acidifier industry has been witnessing growing requirement for healthy livestock owing to increasing animal disease outbreaks such as swine flu, avian flu and bird flu is estimated to drive feed acidifiers demand over the next few years. Leading companies in global animal feed Industry have been using feed acidifiers to supplement nutritional additives in livestock. Global animal feed additives Industry has witnessed ban on several antibiotics and multivitamins by regulatory agencies FDA, USDA and REACH. Discontinuation of these feed additives has further elevated penetration of acidifiers in the feed Industry over the past few years.
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The regional analysis of Global Feed Acidifiers Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World Asia Pacific dominated the feed acidifiers Industry in 2018, as the region has also witnessed an increase in the number of feed mills and feed production, particularly in countries such as India, Japan, New Zealand, and Australia. The increasing demand for protein-rich livestock feed in New Zealand and Australia has led to growth in demand for feed acidifiers for better and enhanced quality of meat and dairy products. Additionally, milk production in the Asia Pacific region was more than 40% (or more than one-third of the total milk production in the world) in 2016. Being the largest region in terms of both volume and value, consumers belong to varied economic strata, with varying food habits and demands. The South American Industry is projected to grow at the highest CAGR from 2018 to 2025. Growth in South America can be attributed to factors such as growing meat and milk consumption, which probably assumes greater political and economic importance in South America than in any other region of the world.
Major market players in Feed Acidifiers Industry are BASF, YARA International ASA, Biomin Holding GmbH., Kemira Oyj, Perstorp Holding AB, Novus International Inc, Carbion NV, Impex Traco NV, Anpario PLC, Jefo Nutrition Inc., Nutrex NVand so on.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Feed Acidifiers Industry Segmentation:
By Compound:
• Blended Compound
• Single Compound
By Livestock
• Poultry
• Swine
• Ruminants
• Aquaculture
By Type:
• Propionic Acid
• Formic Acid
• Citric Acid
• Lactic Acid
• Sorbic Acid
• Malic Acid
By Form:
• Dry
• Liquid
By Region:
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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