Feed Acidifiers Market, Size, Share, Growth, Trends, and Forecast - 2023 - PowerPoint PPT Presentation

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Feed Acidifiers Market, Size, Share, Growth, Trends, and Forecast - 2023

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The feed acidifiers market is projected to reach USD 3.50 billion by 2023, at a CAGR of 5.1% during the forecast period. Covid-19 impact on Feed Acidifiers Market get report today. Increasing government aid promoting the growth of the feed industry and the high threat of diseases in livestock are factors driving this market. – PowerPoint PPT presentation

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Title: Feed Acidifiers Market, Size, Share, Growth, Trends, and Forecast - 2023


1
MarketsandMarkets Presents
Feed Acidifiers Market - Forecast to
2023 https//www.marketsandmarkets.com/Market-Repo
rts/feed-acidifiers-market-163262152.html

2
The report "Feed Acidifiers Market by Type
(Propionic Acid, Formic Acid, Lactic Acid, Citric
Acid, Sorbic Acid, Malic Acid), Form (Dry,
Liquid), Compound (Blended, Single), Livestock
(Poultry, Swine, Ruminants, Aquaculture), and
Region - Global Forecast to 2023" Over the years,
the production pattern in the feed industry has
transformed in tandem with the health
requirements of livestock. For improved growth
and efficiency of livestock, rearers included
antibiotics as additives in feed. However, the
use of antibiotics as feed additives impacts the
health of animals, which, in turn, affects the
health of consumers adversely. Due to the adverse
effects on the health of consumers, the EU has
imposed a ban on the use of antibiotics. This ban
has encouraged rearers to opt for cost-effective
and health-enriching alternatives such as feed
acidifiers. According to MarketsandMarkets, the
feed acidifiers market is projected to account
for a value of USD 3.5 billion by 2023, recording
a CAGR of 5.1. Browse 184 Market Data Tables
and 41 Figures spread through 204 Pages and
in-depth TOC on "Feed Acidifiers Market - Global
Forecast to 2023 The Feed Acidifiers Market To
Record the Fastest Growth in South America During
the Forecast Period      As governments in the
South American region focus on investing in the
livestock sector, rearers in various countries of
this region are allocating their budget to
utilize feed acidifiers. Rearers are mainly
focusing on improving the meat quality by
utilizing feed acidifiers and offer
GRAS-certified produce in the market. The demand
for meat and poultry products is also projected
to increase in parallel to the population growth
and disposable income of consumers in this
region. Due to these factors, the market in this
region is expected to record the highest growth
during the forecast period. Download PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id163262152
3
  • Driver High threat of diseases in livestock
  • The outbreak of diseases such as avian flu, BSE
    (bovine spongiform encephalopathy), and SARS
    (severe acute respiratory syndrome) not only
    affect livestock breeding and the economy, but
    also pose a threat to human health. The emergence
    of swine diarrhea in the US caused significant
    losses to swine farmers. Moreover, countries such
    as China, India, and Indonesia are constantly
    facing outbreaks of avian flu and swine flu, due
    to the hot and humid climatic conditions. Meat
    vendors, meat processors, wholesalers, retailers,
    and ultimately, livestock growers suffer
    financial losses due to the culling of
    disease-affected animals, which further leads to
    a drop-in animal productivity. The foot and mouth
    disease (FMD) outbreak in the UK in 2007 led to
    losses of USD 3.7 billion to the livestock
    sector. The avian flu outbreak of 2013 resulted
    in economic losses worth USD 6.1 billion in
    China. Nearly, 130 people were infected in
    mainland China during this outbreak, according to
    the UN. Feed safety has increasingly become a
    matter of concern for many governments around the
    world, especially those in North America and
    Europe. Also, consumers around the world are now
    more aware and informed and are giving importance
    to the extrinsic attributes of the meat they
    consume.
  • Many countries, including South Korea and
    Slovakia, have banned pork imports from Germany
    due to the health risks involved. The use of
    natural feed additives, such as acidifiers,
    provide balanced nutrition to animals and
    protects them against such harmful environmental
    entities. They also play an important role in
    overcoming issues related to animal feeding
    assurance, environment-friendly meat production,
    and animal welfare. Acidifiers provide various
    nutritional elements, which help improve the
    productivity of livestock, besides maintaining
    good-quality feed.
  • Request for sample Pages https//www.marketsandma
    rkets.com/requestsampleNew.asp?id163262152

4
By livestock, the poultry segment is projected to
dominate the feed acidifiers market during the
forecast period. By livestock, the feed
acidifiers market is subsegmented into poultry,
swine, ruminants, aquaculture, and others. The
poultry segment is projected to dominate the feed
acidifiers market during the forecast period.
Poultry currently accounts for the largest meat
production segment in the global meat industry.
Broilers, layers, and breeders that are
domesticated to produce eggs and meat for
commercial consumption are considered as
poultry. By type, the propionic acid segment
is projected to dominate the feed acidifiers
market during the forecast period. Propionic
acid stands as the most widely used feed
acidifier in the market. Being an organically
sourced acidifier, its usage as a feed additive
remains a favorable one, as it is safe for
consumers, animals, and the environment alike.
Even when used as a chemical preservative, the
acid is a generally recognized safe (GRAS)
substance by the USFDA, when used in accordance
with the Feed Additive regulation, and as a good
manufacturing or feeding practice. As a feed
additive, propionic acid is majorly used as a
dietary supplement and as a source of nutrition.
Propionic acid is also used in the ensiling
process for poultry feed, as it improves silage
production and provides aerobic stability in
silages. It also helps curb bacterial growth in
molds, and hence, can also be used as a
preservative in animal feed. The preservative
effect of propionic acid thereby aids the
prevention of feed nutrient losses and mycotoxin
formation. Make an Inquiry https//www.marketsand
markets.com/Enquiry_Before_BuyingNew.asp?id163262
152  
5
  • Recent Developments
  • In June 2016, BASF SE (Germany) and Balchem
    Corporation (U.S.) introduced Amasil formic acid,
    approved for use by swine producers, at the World
    Pork Expo in Des Moines, Iowa, US
  • In January 2018, Kemin acquired Agri-Marketing
    Corp. This provided exclusive distribution and
    manufacturing services for Kemins products in
    Canada. The new Kemin location will focus on
    serving the animal nutrition and health market,
    as well as the pet food and rendering industries.
    It will look to grow its business through
    offering an expanded portfolio.
  • In Novemnber 2017, Novus International, Inc.
    opened a new manufacturing facility in Calhoun
    County, Texas, US.
  • In January 2016, Pancosma acquired Btech
    (Brazil), a feed additives company. This
    acquisition strengthened the position of the
    company in the Brazilian feed additives market.
  • In March 2015, Biomin opened a new production
    facility in Panama. It helped the company to
    provide fast delivery to all Biomin customers as
    well as distributors in the American market.
  • Critical questions the report answers
  • Where will all these developments take the
    industry in the long term?
  • What are the upcoming trends for the feed
    acidifiers market?
  • Which segment provides the most opportunity for
    growth?
  • Who are the leading vendors operating in this
    market?
  • What are the opportunities for new market
    entrants?
  • Speak to Analyst https//www.marketsandmarkets.co
    m/speaktoanalystNew.asp?id163262152

6
Contact Us
ContactMr. Aashish MehraMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.comBlog _at_
https//www.marketsandmarketsblog.com/market-repor
ts/agriculture-industry Connect with us on
LinkedIn _at_ http//www.linkedin.com/company/markets
andmarkets
7
About MarketsandMarkets
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