Feed Acidifiers Market Report

Feed Acidifiers Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Format: PDF  |  Report ID: GVR1063

Increasing demand for protein rich foods such as meat and dairy products due to rising occurrence of nutritional deficiencies among livestock is expected to drive global feed acidifiers market. Growing concerns for improving animal feed quality coupled with rising demand for high nutritional additives is estimated to fuel the market growth over the forecast period. Global feed acidifier industry has been witnessing growing requirement for healthy livestock owing to increasing animal disease outbreaks such as swine flu, avian flu and bird flu is estimated to drive feed acidifiers demand over the next few years. Leading companies in global animal feed market have been using feed acidifiers to supplement nutritional additives in livestock. Global animal feed additives market has witnessed ban on several antibiotics and multivitamins by regulatory agencies FDA, USDA and REACH. Discontinuation of these feed additives has further elevated penetration of acidifiers in the feed market over the past few years. 

Propionic acid was the largest product segment in global feed acidifiers market in 2013. Abundant availability of propionic acid coupled with adequate supply has been the major factor for its dominance in feed acidifiers market over the past few years. Fumaric acid also had a significant share in global market. Growing awareness among animal feed manufacturers over added advantages of fumaric acid over other product segments is estimated to have a positive impact on the market growth over the forecast period. Lactic acid and formic acid are also estimated to increase market share in near future. However, emergence of substitute products such as microflora enhancers, herbal products and peptides are expected to restrain the market for feed acidifiers. 

Feed acidifier market can be segmented on the basis of livestock into poultry, swine, aquatic animals, cattle and other feed. Increasing food demand particularly meat products in emerging markets of China and India coupled with increasing awareness regarding livestock health is expected to drive the regional market over the forecast period. 

Major companies in this market are conducting R&D to achieve product innovation and increasing production efficiency. Some of the major companies operating in the global feed acidifiers market include Kemin Industries, Kemira OYJ, Impextraco, BASF SE, Novus International, ADDCON GmbH and Perstorp AB.

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