Feed acidifiers are basically the additives that are added to feed to promote livestock's gut health by modulating the gut microbiota. Acidifiers used in the preparation of feed have bacteriostatic and bactericidal properties, which aid in maintaining the growth of microbes in the gastrointestinal tract. Animal feed Acidifiers are again the organic acids incorporated with the feed for nutritional or preservative benefits. This acidifier help to control microbial growth, inhibit pathogenic bacteria, reduction of feed buffer capacity, and also improve nutrient digestibility. Acidifiers are also found to enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. The global feed acidifiers market is driven by the significant growth in the livestock feed industry and growing demand for livestock products, including milk, eggs, meat, and wool, amongst others.
MARKET DYNAMICS
The feed acidifiers market has witnessed a significant growth owing to factors such as the wider use of these acidifiers in the feed used for poultry, swine, ruminants, aquaculture, and others. Some of the key factors driving the feed acidifiers market include the rising consumption of livestock by-products, growing government aids or funds promoting the wellness of the feed industry, and ban of antibiotics in the European Union (EU). Additionally, increasing the threat of various diseases in livestock is also a crucial factor propelling the growth of the global feed acidifiers market as they help in promoting the healthy growth of animals. However, the high cost of feed acidifiers may hamper the growth of the global feed acidifiers market. In addition to that, the availability of substitutes is another factor impacting the growth of the global market. Nevertheless, new techniques, including encapsulation of feed acidifiers, is expected to create lucrative opportunities in terms of revenue for the major market players in the global feed acidifiers market during the forecast period.
MARKET SCOPE
The "Global Feed Acidifiers Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the feed acidifiers market with detailed market segmentation by form, type, compound, livestock, and geography. The global feed acidifiers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed acidifiers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed acidifiers market is segmented on the basis of form, type, compound, and livestock. On the basis of form, the feed acidifiers market is segmented into dry and liquid. The feed acidifiers market on the basis of type is segmented into propionic acid, formic acid, lactic acid, citric acid, sorbic acid, malic acid, and others. The feed acidifiers market on the basis of the compound is classified into single and blended. On the basis of livestock, global feed acidifiers market is bifurcated into poultry, swine, ruminants, aquaculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global feed acidifiers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The feed acidifiers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feed acidifiers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the feed acidifiers market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global feed acidifiers market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from feed acidifiers market are anticipated to lucrative growth opportunities in the future with the rising demand for feed acidifiers in the global market. Below mentioned is the list of few companies engaged in the feed acidifiers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed acidifiers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Addcon Group GmbH
- BASF SE
- Biomin Holding GmbH
- Corbion Nv
- Impextraco Nv
- Kemin Industries, Inc.
- Kemira OYJ
- Novus International, Inc.
- Perstorp Holding Ab
- Yara International ASA
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