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Feed Acidifiers Market: By Acidifier Type, By Product Type, By Species, Geography
Feed Acidifiers Market: By Acidifier Type, By Product Type, By Species, Geography
Feed acidifiers market size was valued at US$ 3.69 billion in 2023 and is poised to grow at a CAGR of 4.3% from 2024-30. Feed acidifiers are the organic acids present in the feed which can be used as preservatives and nutritional purposes. The commonly used feed acidifiers are included fumaric, lactic, propionic, and formic acid among others. Feed acidifiers help reduce the feed buffer capacity, prevention of microbial growth, inhibition of pathogenic bacteria, and improve the digestion of nutrients. Feed acidifiers also enhance the microbiological balance and congestion in the digestive and alimentary tracks of livestock.
Feed acidifiers are essential nutrients combined with the basic feed mix in small quantities to improve the health in livestock. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
Moreover, PBI analyze the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). The market is in the developing stage as several local and international players are actively involved in the commercialization of feed acidifiers products. Acquisitions and mergers, collaborations, product launchings, and product approvals from regulatory administrations are some key strategies followed by the manufacturers to increase market share in the market.
Study Period
2024-2030Base Year
2023CAGR
4.3%Largest Market
Asia PacifcFastest Growing Market
Europe
Feed acidifiers market is growing at a significant CAGR due to increase in the adoption of animals. Increase in the importance of animal health, a rise in the demand for healthy meat and livestock products, and growing awareness about the quality of animal feed and animal health expected to bolster the market over the forecast years. In addition, Increase in the prevalence various diseases such as bird flu in poultry, swine flu, and avian, rise in the usage of feed acidifiers by livestock industries, and ban on various multivitamins and antibiotics by various regulatory agencies such as FDA, EU, and USDA might propel the market growth in the future. However, increase in prices of feed ingredients, usage of artificial growth supplements such as drugs and hormones, and lack of awareness about feed acidifiers in untrained farmers might restrain the market growth over the forecast years.
Asia Pacific exhibits significant growth in feed acidifiers market owing to increase in the demand for healthy meat and dairy products majorly in India, China, and Japan. Increase in the livestock adoption rate, a rise in the prevalence of various diseases, increase in the expenditure for animal welfare might bolster the market. Europe holds a major share in feed acidifiers industry owing to ban of various antibiotics and multivitamins, increase in the research and development activities, an increase in the owning of pet animals. In addition, a rise in the population preferring for healthy meat and dairy products, and rise in the aquaculture production in Europe countries such as Norway, Ireland, and U.K. are the key factors propelling the market. North America market is growing due to high pet animal adoption rate, a rise in the awareness about feed acidifiers, increase in the research and development, and ban on some antibiotics and multivitamins for the veterinary purpose.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 3.69 billion |
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Market CAGR |
4.3% |
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By Acidifier Type |
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By Product Type |
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By Species |
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By Region |
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The global feed acidifiers market size was valued at US$ 3.69 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030.
increasing awareness of animal health
Europe is the fastest-growing for feed acidifiers market
| 1. Executive Summary |
| 2. Global Feed Acidifiers Market Introduction |
| 2.1.Global Feed Acidifiers Market - Taxonomy |
| 2.2.Global Feed Acidifiers Market - Definitions |
| 2.2.1.Acidifier Type |
| 2.2.2.Product Type |
| 2.2.3.Species |
| 2.2.4.Distribution Channel |
| 2.2.5.Region |
| 3. Global Feed Acidifiers Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Feed Acidifiers Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Feed Acidifiers Market By Acidifier Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Fumaric acid feed acidifier |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Lactic acid feed acidifier |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Propionic acid feed acidifier |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Formic acid fee |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Feed Acidifiers Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Single acidifiers |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Blend acidifiers |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Feed Acidifiers Market By Species, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Cattle |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Poultry |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Swine |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Aquaculture |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Global Feed Acidifiers Market By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Veterinary Pharmacies |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Veterinary Hospitals |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Veterinary Clinics |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. E-Commerce |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Global Feed Acidifiers Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10. North America Feed Acidifiers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Acidifier Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Fumaric acid feed acidifier |
| 10.1.2.Lactic acid feed acidifier |
| 10.1.3.Propionic acid feed acidifier |
| 10.1.4.Formic acid fee |
| 10.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Single acidifiers |
| 10.2.2.Blend acidifiers |
| 10.3. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cattle |
| 10.3.2.Poultry |
| 10.3.3.Swine |
| 10.3.4.Aquaculture |
| 10.3.5.Others |
| 10.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Veterinary Pharmacies |
| 10.4.2.Veterinary Hospitals |
| 10.4.3.Veterinary Clinics |
| 10.4.4.E-Commerce |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11. Europe Feed Acidifiers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Acidifier Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Fumaric acid feed acidifier |
| 11.1.2.Lactic acid feed acidifier |
| 11.1.3.Propionic acid feed acidifier |
| 11.1.4.Formic acid fee |
| 11.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Single acidifiers |
| 11.2.2.Blend acidifiers |
| 11.3. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cattle |
| 11.3.2.Poultry |
| 11.3.3.Swine |
| 11.3.4.Aquaculture |
| 11.3.5.Others |
| 11.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Veterinary Pharmacies |
| 11.4.2.Veterinary Hospitals |
| 11.4.3.Veterinary Clinics |
| 11.4.4.E-Commerce |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 11.5.7. |
| 12. Asia Pacific (APAC) Feed Acidifiers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Acidifier Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Fumaric acid feed acidifier |
| 12.1.2.Lactic acid feed acidifier |
| 12.1.3.Propionic acid feed acidifier |
| 12.1.4.Formic acid fee |
| 12.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Single acidifiers |
| 12.2.2.Blend acidifiers |
| 12.3. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cattle |
| 12.3.2.Poultry |
| 12.3.3.Swine |
| 12.3.4.Aquaculture |
| 12.3.5.Others |
| 12.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Veterinary Pharmacies |
| 12.4.2.Veterinary Hospitals |
| 12.4.3.Veterinary Clinics |
| 12.4.4.E-Commerce |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13. Middle East and Africa (MEA) Feed Acidifiers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Acidifier Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Fumaric acid feed acidifier |
| 13.1.2.Lactic acid feed acidifier |
| 13.1.3.Propionic acid feed acidifier |
| 13.1.4.Formic acid fee |
| 13.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Single acidifiers |
| 13.2.2.Blend acidifiers |
| 13.3. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Cattle |
| 13.3.2.Poultry |
| 13.3.3.Swine |
| 13.3.4.Aquaculture |
| 13.3.5.Others |
| 13.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Veterinary Pharmacies |
| 13.4.2.Veterinary Hospitals |
| 13.4.3.Veterinary Clinics |
| 13.4.4.E-Commerce |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14. Latin America Feed Acidifiers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Acidifier Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Fumaric acid feed acidifier |
| 14.1.2.Lactic acid feed acidifier |
| 14.1.3.Propionic acid feed acidifier |
| 14.1.4.Formic acid fee |
| 14.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Single acidifiers |
| 14.2.2.Blend acidifiers |
| 14.3. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Cattle |
| 14.3.2.Poultry |
| 14.3.3.Swine |
| 14.3.4.Aquaculture |
| 14.3.5.Others |
| 14.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Veterinary Pharmacies |
| 14.4.2.Veterinary Hospitals |
| 14.4.3.Veterinary Clinics |
| 14.4.4.E-Commerce |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Kemin Industries, Inc. (U.S.) |
| 15.2.2.BASF SE (Germany) |
| 15.2.3.Biomin Holding GmbH (Austria) |
| 15.2.4.Yara International ASA (Norway) |
| 15.2.5.Perstorp Holding AB (Sweden) |
| 15.2.6.Impextraco NV (Belgium) |
| 15.2.7.Kemira (Finland) |
| 15.2.8.Novus International (U.S.) |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.