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Feed Acidifiers Market

ID: MRFR/Agri/4063-CR
128 Pages
Tejas Chaudhary
September 2020

Global Feed Acidifiers Market Research Report Information By Type (Propionic Acid, Formic Acid, Lactic Acid, Sorbic Acid, Citric Acid, Malic Acid, Butyric Acid, Lauric Acid and Others), Form (Dry and Liquid), Compound (Blends and Single), Livestock (Poultry, Swine, Ruminants, Aquaculture and Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2035

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Summary Table of Contents Segmentation Download PDF

Feed Acidifiers Market Summary

As per Market Research Future Analysis, the global feed acidifiers market is projected to grow at a CAGR of 4.9% until 2027, reaching a market value of USD 3,109.11 million. Feed acidifiers are essential in the livestock industry, promoting gut health by balancing gut bacteria and eliminating harmful pathogens. The COVID-19 pandemic impacted production due to supply chain disruptions and increased raw material costs, leading to higher prices for consumers. The rising middle class in developing nations and the demand for meat in developed countries are key drivers of market growth. However, high costs and the availability of effective substitutes pose challenges to market expansion.

Key Market Trends & Highlights

The feed acidifiers market is characterized by significant growth opportunities and competitive dynamics.

  • CAGR of 4.9% expected until 2027; Market value projected at USD 3,109.11 million.
  • European Union holds the largest market share at 38.15% in 2019; CAGR for the region is 4.4%.
  • Kemin Industries leads in R&D, developing innovative products like Aleta for gut health.
  • Liquid form of feed acidifiers is preferred for affordability and ease of use among farmers.

Market Size & Forecast

Current CAGR 4.9%
Market Size in 2027 USD 3,109.11 million
Largest Regional Market Share in 2019 European Union

Major Players

Kemin Industries, Inc. (US), BASF SE (Germany), Yara (Norway), Perstorp (US), Biomin Holding GmbH (Austria), Addcon GmbH (Germany), Impextraco NV (Belgium), Novus International (US), Corbion NV (Netherlands), Pancosma (Switzerland)

Feed Acidifiers Market Drivers

Rising Demand for Animal Protein

The increasing global population and the corresponding rise in demand for animal protein are pivotal drivers of the Global Feed Acidifiers Market Industry. As consumers seek higher protein diets, livestock production intensifies, necessitating efficient feed formulations. Feed acidifiers play a crucial role in enhancing feed digestibility and nutrient absorption, thereby supporting livestock health and productivity. In 2024, the market is valued at 2.73 USD Billion, reflecting the industry's response to this growing demand. Projections indicate that by 2035, the market could reach 4.56 USD Billion, with a compound annual growth rate of 4.78% from 2025 to 2035, underscoring the importance of feed acidifiers in meeting protein needs.

Market Segment Insights

Feed Acidifiers Market Segmentation Insights

By Type

The global feed acidifiers marketcan be classified into the following types:

The majority of purchases have been of feed acidifiers that contained mainly propionic acid.

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Key Companies in the Feed Acidifiers Market market include

Industry Developments

  • Kemin Industries acquires Proteus Industries Inc
  • Kemin owns most of the shares in MEVAC
  • Kemin launches dry cellulase dryocell
  • Kemin expands its North American market
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost

 

Future Outlook

Feed Acidifiers Market Future Outlook

The Feed Acidifiers Market is projected to grow at a 4.78% CAGR from 2024 to 2035, driven by rising livestock production, increasing demand for animal protein, and stringent regulations on feed quality.

New opportunities lie in:

  • Develop innovative formulations targeting specific livestock needs to enhance growth performance. Leverage digital marketing strategies to reach emerging markets with tailored feed acidifier solutions. Invest in R&D for organic acidifiers to meet the growing demand for natural feed additives.

By 2035, the Feed Acidifiers Market is expected to achieve substantial growth, reflecting evolving industry dynamics and consumer preferences.

Market Segmentation

By Type

  • Lauric acid
  • Byutic acid
  • Malic acid
  • Citric acid
  • Sorbic acid
  • Lactic acid
  • Formic acid
  • Propionic acid
  • Liquid
  • Dry
  • Blends
  • Single
  • Others
  • Aquaculture
  • Ruminants
  • Swine
  • Poultry
  • The North American region
  • The European Union
  • The Asia-Pacific region
  • The rest of the world
  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

By form

  • Liquid
  • Dry
  • Blends
  • Single
  • Others
  • Aquaculture
  • Ruminants
  • Swine
  • Poultry
  • The North American region
  • The European Union
  • The Asia-Pacific region
  • The rest of the world
  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

By market

  • Others
  • Aquaculture
  • Ruminants
  • Swine
  • Poultry
  • The North American region
  • The European Union
  • The Asia-Pacific region
  • The rest of the world
  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

By compound

  • Blends
  • Single
  • Others
  • Aquaculture
  • Ruminants
  • Swine
  • Poultry
  • The North American region
  • The European Union
  • The Asia-Pacific region
  • The rest of the world
  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

List of Companies

  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

Regional Analysis

  • The North American region
  • The European Union
  • The Asia-Pacific region
  • The rest of the world
  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

Recent Developments

  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

Competitive Landscape

  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

Feed Acidifiers Market Segmentation Insights

  • Lauric acid
  • Byutic acid
  • Malic acid
  • Citric acid
  • Sorbic acid
  • Lactic acid
  • Formic acid
  • Propionic acid
  • Liquid
  • Dry
  • Blends
  • Single
  • Others
  • Aquaculture
  • Ruminants
  • Swine
  • Poultry
  • The North American region
  • The European Union
  • The Asia-Pacific region
  • The rest of the world
  • Pancosma (Switzerland).
  • Corbion NV (Netherlands)
  • Novus International (US)
  • Impextraco NV (Belgium)
  • Addcon GmbH (Germany)
  • Biomin Holding GmbH (Austria)
  • Perstorp (US)
  • Yara (Norway)
  • BASF SE (Germany)
  • Kemin Industries
  • Inc. (US)
  • Kemin launches Kemtrace. This gives its chromium portfolio a real boost
  • Kemin expands its North American market
  • Kemin launches dry cellulase dryocell
  • Kemin owns most of the shares in MEVAC
  • Kemin Industries acquires Proteus Industries Inc

Report Scope

{"0"=>{"market_size"=>"USD 3,109.11 Million "}, "1"=>{"cagr"=>"4.9% "}, "2"=>{"base_year"=>"2019"}, "3"=>{"forecast_period"=>"2020-2027"}, "4"=>{"historical_data"=>"2018"}, "5"=>{"forecast_units"=>"Value (USD Million)"}, "6"=>{"report_coverage"=>"Revenue Forecast, Competitive Landscape, Growth Factors, and Trends"}, "7"=>{"segments_covered"=>"Type, Form, Compound, Livestock "}, "8"=>{"geographies_covered"=>"North America, Europe, Asia-Pacific, and Rest of the World (RoW)"}, "9"=>{"key_vendors"=>"Kemin Industries, Inc. (US), BASF SE (Germany), Yara (Norway), Perstorp (US), Biomin Holding GmbH (Austria), Addcon GmbH (Germany), Impextraco NV (Belgium), Novus International (US), Corbion NV (Netherlands) Pancosma (Switzerland)."}, "10"=>{"key_market_opportunities"=>"The encapsulation technique is also creating"}, "11"=>{"key_market_drivers"=>"The middle classes in developing nations are exploding"}}

Market Highlights

Author
Tejas Chaudhary
Research Analyst Level II

I have a degree in Engineering (Civil), with masters in Business Administration (Marketing). With more than 4 years of experience in market research and consulting, I am involved in end-to-end process of market research, proposals, project kickoffs and delivery. I have research knowledge and expertise in consumer goods/packaging domain. Also I have worked for various other domains like construction & equipment. Effectively managed and delivered more than 60 report studies for regional as well as global clientele.

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FAQs

What would be the feed acidifiers market valuation by 2027?

The projected feed acidifiers market valuation would be USD 3,109.11 Million by 2027.

What would be the feed acidifiers market CAGR during the forecast period (2020-2027)?

The feed acidifiers market CAGR would be 4.9% during the forecast period.

What are the types included in the feed acidifiers market report?

The types discussed in the feed acidifiers market report are lactic acid, formic acid, sorbic acid, citric acid, malic acid, propionic acid, and others.

What are the live stocks included in the feed acidifiers market report?

The live stocks studied in the feed acidifiers market report are ruminants, poultry, swine, aquaculture, and others.

What are the compounds discussed in the feed acidifiers market report?

The feed acidifiers market report includes single compound and blended compound.

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