Market Overview
Feed acidifiers are additives used to lower the pH level in animal food products. Adding feed acidifiers improves the feed performance further by inhibiting the growth of pathogenic intestinal micro-organisms. Feed acidifiers also add nutrients to the animal feed. Acetic acid, propionic acid, fumaric acid, lactic acid, and citric acid are some of the commonly used acidifiers.
Acidifiers-induced feeds are currently trending as they induce digestibility of feed but also offer many health benefits to the animals. Using acidifiers-induced feed ensures faster weight gain among livestock than conventionally fed animals. Resultantly, acidifiers have become a vital additive for animal feed products and the global Feed Acidifiers industry trends witnesses a colossal demand.
According to Market Research Future (MRFR), the global Feed Acidifiers industry trends is poised to touch a valuation of USD 3.6 BN by 2024. In its recently published analysis, MRFR also asserts that the market would register a CAGR over 5% throughout the forecast period (2017 – 2023). The market is predominantly driven by the rapidly increasing population, worldwide, which is creating a massive demand for animal protein or animal food products such as meat/milk.
Key Players
Players leading the global Feed Acidifiers industry trends are Kemin Europa NV (Belgium), BASF SE (US), BIOMIN Holding GmbH (Austria), Corbion NV (the Netherlands), Impextraco NV (Belgium), Novus International, Inc. (US), Kemira OYJ (Finland), Yara International ASA (Norway), Jefo Nutrition Inc. (Canada), Perstorp Holding AB (Sweden), and others.
Market Segmentation:
The report is segmented into four market dynamics to widen the scope of understanding,
By Type : Acetic Acid, Formic Acid, Propionic Acid, Fumaric Acid, Lactic Acid, and Citric Acid, among others.
By Livestock : Poultry, Swine, Ruminants, and Aquatic Animals, among others.
By Form : Liquid and Dry, among others.
By Regions : Europe, North America, Asia Pacific, and the Rest-of-the-World.
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https://www.marketresearchfuture.com/reports/feed-acidifiers-market...
Regional Analysis
The Asia Pacific region dominates the global Feed Acidifiers industry trends with the largest market share. Ever-increasing population and increasing consumption of meat products are the key factors pushing up the regional market growth. Besides, rapidly growing markets in India and China contribute to the regional market growth, majorly. China, backed by its large meat market accounts for the major contributor to the regional market growth, creating tremendous market demand. Simultaneously, the growing demand for milk is boosting the Feed Acidifiers industry trends in the region.
The Feed Acidifiers industry trends in developed regions such as Europe and North America are growing rapidly too. Increasing demand for feed supplement products led by the rising demand for poultry and swine products escalates the Feed Acidifiers industry trends in these regions. Moreover, the increasing demand for protein intake accelerates market demand, boosting the sales, especially in the swine and poultry segments.
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