+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Feed Acidifiers: Global Strategic Business Report

  • PDF Icon

    Report

  • 272 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338918

Global Feed Acidifiers Market to Reach $4.3 Billion by 2030

The global market for Feed Acidifiers estimated at US$3 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Propionic Acid, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Formic Acid segment is readjusted to a revised 5.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $810.4 Million, While China is Forecast to Grow at 7.6% CAGR

The Feed Acidifiers market in the U.S. is estimated at US$810.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$900.7 Million by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$575.9 Million by the year 2030.

Select Competitors (Total 39 Featured) -

  • Addcon Group GmbH
  • BASF SE
  • Biomin Holding GmbH
  • Corbion NV
  • Eastman Chemical Company
  • Impextraco NV
  • Jefo Nutrition Inc.
  • Kemin Industries Inc.
  • Novus International Inc.
  • Perstorp Holding AB
  • Selko Feed Additives
  • Trouw Nutrition
  • Yara International ASA

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Feed Acidifiers: Additives to Improve Animal Health, Optimize Feed Utilization and Improve Quality and Quantity of Meat Output
  • Propionic Acid Leads the Feed Acidifiers Market
  • Feed Acidifiers for Poultry and Swine Segments Bolster Market Growth
  • Europe Holds the Pole Position in Feed Acidifiers Market, Asia-Pacific to Spearhead Future Growth
  • Recent Market Activity
  • Growing Meat Market - The Prime Growth Driver for Feed Acidifiers Market
  • Global Trends in Meat Production, Consumption and Trade: A Major Growth Influencer in Feed Acidifiers Market
  • Pork: Largest Consumed Meat Category Worldwide
  • Beef Production Witness Steady Growth
  • Poultry Meat: Rising Consumption Spurs Production
  • Ovine Meat Production Witnesses Modest Growth
  • Feed Acidifiers - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • ADDCON GROUP GmbH (Germany)
  • BASF SE (Germany)
  • BIOMIN Holding GmbH (Austria)
  • Corbion NV (The Netherlands)
  • Eastman Chemical Company (USA)
  • Impextraco NV (Belgium)
  • Jefo Nutrition, Inc. (Canada)
  • Kemin Industries, Inc. (USA)
  • Novus International, Inc. (USA)
  • Perstorp Holding AB (Sweden)
  • Trouw Nutrition (The Netherlands)
  • Selko Feed Additives (The Netherlands)
  • Yara International ASA (Norway)
3. MARKET TRENDS & DRIVERS
  • Antibiotics Ban: Feed Acidifiers Emerge as Ideal Replacements
  • Clamp Down on Antibiotics’ Usage as Growth Promoters
  • Emerging Alternatives for AGPs
  • Propionic, Formic, Fumaric & Phosphoric Acids: Prospective Growth Promoters
  • Propionic Acid: Increasing Livestock Farming Augurs Well for Market Growth
  • Formic Acid: Positive Meat Consumption Trends to Sustain Demand
  • Strong Antimicrobial Features Favor Usage of Formic Acid in Animal Feed
  • Fumaric Acid as Feed Additive: Vital Role as Preservative and Acidulant
  • Lactic Acid Market: Improving Gut Health
  • EU Permit for Lactic Acid Decontaminant in Bovine Carcasses Opens Doors for US Meat Exporters
  • Butyric Acid: Promising Opportunities from Animal Feed Market
  • Significant Role in Improving Gut Health in Swine
  • Potassium Diformate - A Crucial Feed Ingredient
  • Potassium Diformate Aids Growth & Survival of Pangasius
  • Growing Interest in Blends of Organic Acids in Animal Diets
  • Disease Outbreak Concerns Stimulate Demand for Feed Acidifiers
  • Encapsulated Acidifiers: Promising Opportunities in Store
  • Innovation and Improvisation of Product Efficacy - The Key to Success
  • Acidification of Calf Diet - Rekindled Interest
  • Poultry Feed Acidification: Indispensable to Prevent Salmonellosis
  • Water Acidification for Poultry
  • Acidifiers Improve Health of Weaning Piglets
  • Feed Acidifiers for Gut Health Management in Aquaculture Industry
  • Rising Animal Feed Prices: Acidifiers Positioned Favorably for Growth
  • List of Animal Feed Additives that Contain Petrochemical Derivatives as Raw Material
  • Optimized Capacity Utilization: Essential for Production Efficiency & Cost Management
  • Low Consumer Awareness - A Major Challenge to Reckon With
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Feed Acidifiers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Feed Acidifiers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 3: World 18-Year Perspective for Feed Acidifiers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Propionic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Propionic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 6: World 18-Year Perspective for Propionic Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Formic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Formic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 9: World 18-Year Perspective for Formic Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Lactic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Lactic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 12: World 18-Year Perspective for Lactic Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 15: World 18-Year Perspective for Other Product Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Poultry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Poultry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 18: World 18-Year Perspective for Poultry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Swine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Swine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 21: World 18-Year Perspective for Swine by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Cattle by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Cattle by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 24: World 18-Year Perspective for Cattle by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other Categories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Other Categories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 27: World 18-Year Perspective for Other Categories by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 28: World Feed Acidifiers Market Analysis of Annual Sales in US$ Million for Years 2012 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Feed Acidifiers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Addcon Group GmbH
  • BASF SE
  • Biomin Holding GmbH
  • Corbion NV
  • Eastman Chemical Company
  • Impextraco NV
  • Jefo Nutrition Inc.
  • Kemin Industries Inc.
  • Novus International Inc.
  • Perstorp Holding AB
  • Selko Feed Additives
  • Trouw Nutrition
  • Yara International ASA

Table Information