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Animal Feed Acidifiers Market Trends

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

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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.

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.