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Animal Feed Acidifiers Market Share

Report ID: GMI7595
Published Date: Dec 2023
Report Format: PDF

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Animal Feed Acidifiers Market Share

Cargill, Incorporated and Novus International, Inc Company have captured substantial market shares in the North America market, driven by companies in the North America region, driven by the surging demand for Animal Feed Acidifiers products, particularly in U.S. North America region, the world's largest market, is poised for continued growth due to increasing focus on animal health and nutrition. As leading producers, Cargill, Incorporated and Novus International, Inc are well-positioned to cater to this escalating demand in the region.

Animal Feed Acidifiers Market Companies

Major players operating in the animal feed acidifiers industry include:

BASF SE
Cargill, Incorporated
Novus International, Inc.
Nutreco N.V.
Perstorp Holding AB
Kemira Oyj
Kemin Industries, Inc.
Yara International ASA
Biomin Holding GmbH
Impextraco NV
Adisseo France SAS
Trouw Nutrition (a Nutreco company)
Jefo Nutrition Inc.
Pancosma SA
Volac International Limited

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Animal feed acidifiers industry was valued at around USD 2.2 billion in 2023 and is estimated to reach USD 3 billion by 2032 due to the rising demand for premium animal protein products and the increased attention being paid to the health & nutrition of animals.

Formic acid segment accounted for over USD 766 million in 2023 and will grow significantly through 2032 due to its ability to improve feed hygiene, prevent pathogenic microbes, and improve animal intestinal health, especially in the diets of pigs and poultry.

U.S. animal feed acidifiers market revenue was USD 678.3 million in 2023 and is anticipated to expand at a significant pace from 2024-2032 as organic acids have had a strong increase in use, particularly in animal feed applications.

BASF SE, Cargill, Incorporated, Novus International, Inc., Nutreco N.V., Perstorp Holding AB. Kemira Oyj, Kemin Industries, Inc., Yara International ASA, Biomin Holding GmbH, Impextraco NV, Adisseo France SAS, Trouw Nutrition (a Nutreco company), Jefo Nutrition Inc., Pancosma SA, and Volac International Limited.