About Me

WK Information’s purpose is to support clients to make informed optimal decisions. Our reports cover a variety of fields, from niche market to general market. Our consistent growth and ability to deliver in-depth analyses and market insight has engaged genuine.

Follow us

LATEST NEWS

04 Aug

Global Cristobalite Market Insight

Global cristobalite will increase steadily over the next...

03 Aug

Global Gold Nanoparticles Market Insight

The Gold Nanoparticles is forecast to crazy increase...

26 Jul

Global Flue Gas Desulfurization Market Insight

The Flue Gas Desulfurization is forecast to steadily...

25 Jul

Global Epoxy Reactive Diluents Market Insight

According to the WK-chem Research “Global Epoxy Reactive...

12 Jul
Global Feed Acidifiers Market Insight July 12, 2022 Comments

The Feed Acidifiers is forecast to crazy over the next few years. According to WK-chem Research, “Global Feed Acidifiers Professional Survey Report 2022, Forecast to 2027”, the use of livestock by-products, the high threat of livestock diseases have boosted The Feed Acidifiers industry development. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 5% base on WK-chem Research regression analysis model.

Analysts’ Viewpoint:

“Despite the availability of readily available affordable alternatives, the global feed acidulant industry has become increasingly popular in recent years. With low barriers to entry, many companies are expected to enter the market within the forecast, and companies that have established scale will be driven by strong Invest in R&D to meet increasing competition. The goal is to create a new generation of more efficient products and sell them better,” said Eva Joy, Senior analyst, Chemical & Materia Market Research Center in WK-chem Research.

Market insight:

One of the reasons for the growth of feed acidifiers The use of feed acidifiers has been shown to be an effective tool by improving animal health, improving feed quality, reducing disease outbreaks, Avian Influenza, BSE (Bovine Spongiform Encephalopathy) and SARS (Severe Acute Respiratory System) Outbreaks of diseases such as Thrombosis Syndrome) not only affect livestock and the economy, but also pose a threat to human health. An outbreak of swine diarrhea in the United States has caused heavy losses to pig farmers. In addition, due to the hot and humid climate, countries such as China, India and Indonesia are constantly facing outbreaks of bird flu and swine flu. Feed suppliers, meat producers, wholesalers, retailers and ultimately livestock farmers suffer financial losses from the culling of disease-affected animals, which also results in reduced animal productivity. In this case, the use of feed acidulants is necessary for the sustainable and healthy development of animal husbandry.
Rising prices for feed acidifiers are hindering demand for these commodities. Manufacturers of food acidulants face increased cost of the commodity and lower availability, which has tightened the market, leading to a higher price structure. For example, several manufacturers, including BASF, raised the prices of formic and propionic acid in 2018.

Competition Landscape:

Technology launches, acquisitions, and R&D activities are the key strategies employed by feed acidifiers market players. Currently, the market in this market is still highly concentrated. Top 10 Companies in Feed Acidifiers Market are BASF SE, Yara International ASA, Kemin Industries, Inc., Biomin Holding GmbH, Kemira Oyj, Perstorp Holding AB, Novus International, Inc., Corbion NV, Impextraco NV, Addcon Group GmbH , Anpario PLC, Peterlabs Holdings Berhad, Jefo Nutrition, Inc., Pancosma SA and Nutrex NV, among others. Kemin acquired Agri-Marketing Corp in January 2018. This provides exclusive distribution and manufacturing services for Kemin’s products in Canada. The new Kemin site will focus on serving the animal nutrition and health market, as well as the pet food and refining industries. It will seek to expand its business by offering an expanded product portfolio.

Segmentation of Feed Acidifiers Market:

By type, the feed acidulant market is segmented into propionic acid, formic acid, lactic acid, citric acid, malic acid, sorbic acid, and others. Propionic acid is the most commonly used feed acidulant on the market. As an organically derived acidulant, it remains an ideal feed additive use as it is safe for consumers, animals and the environment alike. In addition to being used as a chemical preservative, the acid is a widely accepted safe substance (GRAS) used by the US Food and Drug Administration (USFDA) under the Feed Additive Regulations and is a good manufacturing or feeding procedure. Propionic acid is used as a feed additive, mainly as a dietary supplement and as a source of nutrition. Propionic acid is also used in poultry feed in the silage process as it increases silage yield and provides aerobic stability of silage. It also helps inhibit the growth of bacteria in mold, so it can also be used as a preservative in animal feed. Therefore, the preservative effect of propionic acid helps to prevent nutrient loss and the production of mycotoxins in the feed. In addition, propionic acid helps avoid reproductive disorders, intestinal problems, and immune deficiencies in animals. These factors help maintain the dominance of propionic acid in the feed acidifier industry.
By Form, Feed Acidifiers Market Dry and Liquid. Feed acidulants are mainly used in dry form. Most companies in the feed acidifier industry market their products in dry form due to their ease of use, packaging and shipping. These products are commonly used in feed formulations due to their free-flowing properties and ability to provide consistency. These factors tend to drive the dry feed acidulant market.
By application, the feed acidulant market is segmented by livestock into poultry, swine, ruminants, aquaculture, and others. The poultry segment is expected to dominate the feed acidulant market during the forecast period. Poultry is currently the largest meat producing segment of the global meat industry. Broilers, cages and breeders are known to be domesticated for commercial use to produce eggs and meat.

Feed Acidifiers Market: Regional Analysis

On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific occupies a major market share. With the rapid economic growth in the region, domestic consumption and exports have Demand for meat is all growing, especially in countries such as China, India, Japan and Thailand. Increased demand for meat has sparked meat production in the region, leading to increased consumption of feed additives such as acidifiers. In addition, several countries, including South Korea and Slovakia, have banned imports from Germany due to health risks involved. pork. The use of natural feed additives such as acidulants provides animals with healthy nutrition and protects them from other adverse environmental factors.

 

Cagr: 5%
Largest share area: Asia Pacific
Largest share country: China
Product Type: Propionic acid, formic acid, lactic acid, citric acid, malic acid, sorbic acid, others
Product Type (by form): dry and liquid
Application: Poultry, Pig, Ruminant, Aquaculture
Leading Company: BASF SE, Yara International ASA, Kemin Industries, Inc., Corbion NV, Kemira Oyj