Animal Feed Acidifiers Market - By Product (Formic Acid, Lactic Acid, Propionic Acid, Citric Acid, Fumaric Acid), By Form (Liquid, Dry), By Livestock (Poultry, Swine, Ruminants, Aquaculture), By Application & Forecast, 2024 – 2032
Report ID: GMI7595
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Published Date: December 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 15
Tables & Figures: 246
Countries covered: 21
Pages: 180
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Animal Feed Acidifiers Market Size
Animal Feed Acidifiers Market size was valued at around USD 2.2 billion in 2023 and is expected to grow at over 6.4% CAGR between 2024 and 2032. Feed acids are being more widely used due to the rising demand for premium animal protein products and the increased attention being paid to the health and nutrition of animals.
Acidifiers like lactic acid and formic acid become more well-known because they can preserve gut health, increase feed efficiency, and replace antibiotic growth boosters. The use of acid-based additions in animal nutrition is further supported by the drive for sustainable agricultural methods and the growing worries about antimicrobial resistance.
Keeping varied livestock species' efficacy and performance constant is a significant difficulty in the Animal Feed Acidifiers market. various animals have various digestive systems and nutritional needs, which can limit the consistent efficiency of acidifiers and reduce their best use in feed compositions.
COVID-19 Impact
The market for Animal Feed Acidifiers was greatly influenced by the COVID-19 outbreak. Feed acid distribution and availability were initially impacted by supply chain disruptions and logistical limitations. Market stability was undermined by lower production capacity across industries, especially animal husbandry, and economic concerns. Nonetheless, the demand for feed acids was boosted by growing knowledge of animal health, cleanliness, and the necessity of effective feed additives to sustain livestock health throughout the pandemic, which propelled market recovery.
Animal Feed Acidifiers Market Trends
Notable changes in the market can be seen as a result of the increased focus on animal welfare, health, and sustainable livestock production methods. Antibiotic growth promoters are being replaced by acidifiers; a growing demand driven by worries about antimicrobial resistance. The market's growth trend is also attributed to developments in acid formulation technologies and their function in enhancing feed efficiency and gut health, which correspond with the industry's pursuit of improved animal nutrition and performance.
Animal Feed Acidifiers Market Analysis
Based on Product, the market is segmented as Formic Acid, Lactic Acid, Propionic Acid, Citric Acid, Fumaric Acid, and Others. Formic Acid held a majority market value of USD 766.1 million in 2023. Formic acid, lactic acid, and propionic acid are essential components in the market. Due to its ability to improve feed hygiene, prevent pathogenic microbes, and improve animal intestinal health especially in the diets of pigs and poultry formic acid is seeing significant growth. Formic acid in animal feed is growing due to the growing need for alternatives to antibiotics and the push for sustainable farming methods.
Based on Form, the animal feed acidifiers market is segmented as dry form, and liquid form. Liquid segment held a dominant market share of around 59% in 2023 and is expected to grow at a lucrative pace by 2032. Both liquid and dry versions are important in the market, however, there has been a noticeable tendency towards the rise of the dry form. The dry version is more popular than wet since it has a longer shelf life, is easier to handle and transport, and is a better option for feed producers and manufacturers. Additionally, dry formulations are easier to incorporate into the procedures used in the production of animal feed because they offer dose accuracy and consistency, both of which are essential for obtaining the intended nutritional results.
Based on Livestock, the animal feed acidifiers market is segmented as Poultry, Swine, Ruminants, Aquaculture, and Other. Poultry segment held a dominant market share of around 35% in 2023 and is expected to grow at a lucrative pace by 2032 Significant trends and dynamics are being observed in the market across livestock categories, including pigs, ruminants, and poultry. Feed acids for poultry, especially organic acids such as propionic acid and formic acid, are highly sought after because they enhance feed efficiency, promote intestinal health, and reduce the growth of pathogens like E. Coli and Salmonella.
Based on Application, the market is segmented as Compound Feed, Base Mix, Supplements. Compound Feed segment held a dominant business share of around 55% in 2023 and is expected to grow at a lucrative pace by 2032. The trends in the base mix, supplements, and compound feed categories of the market are noteworthy. Because compound feed is so effective at providing cattle with a balanced diet, its use is growing significantly. Compound feed is made up of several feed elements, including acids. The growing need for improved animal performance and health is driving the demand.
U.S. animal feed acidifiers market exceeded USD 678.3 million in 2023 and is anticipated to expand at a significant pace from 2023-2032 A strong upswing in organic acids is revealed by segment-specific studies and trends in the U.S. market. Because of their numerous advantages, organic acids have had a strong increase in use, particularly in animal feed applications. Due to their critical functions in supporting animal health, improving feed preservation, and enhancing growth performance, these acids—including lactic acid, propionic acid, and formic acid are becoming more and more prevalent.
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:
Animal Feed Acidifiers Industry News
Animal Feed Acidifiers market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments:
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By Product
By Form
By Livestock
By Application
The above information is provided for the following regions and countries: