Feed Acidifiers Market Worth $3.50 Billion by 2023

USA - English

• USA - English

PUNE, India, August 17, 2018 /PRNewswire/ --

According to a new market research 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", published by MarketsandMarkets™, the market is estimated to be valued at USD 2.73 billion in 2018 and is projected to reach USD 3.50 billion by 2023, at a CAGR of 5.1%. The market is driven by the rising consumption of meat and dairy products, the high threat of diseases in livestock, and the ban of antibiotics in the European Union (EU).

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 184 market data Tables and 41 Figures spread through 204 Pages and in-depth TOC on "Feed Acidifiers Market"

https://www.marketsandmarkets.com/Market-Reports/feed-acidifiers-market-163262152.html

Early buyers will receive 10% customization on this report 

The propionic acid segment is projected to be the largest during the forecast period 

The Feed Acidifiers Market, by type, is estimated to be dominated by the propionic acid segment. Propionic acid is widely 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 silage. 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.

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=163262152

The dry segment is estimated to dominate the market in 2018 

The dry segment, by from, is projected to dominate the market during the forecast period. Most companies in the Feed Acidifiers Market offer their products in the dry form, due to its ease of usage, storage, and transportability. These products are widely used in feed formulations due to their free-flowing structure and their ability to provide consistency. Such factors are expected to drive the market for the dry form of feed acidifiers during the forecast period.

The blended segment set to dominate the market by 2023 

The blended market, by compound, is projected to be dominated by the blended segment and is also projected to grow at a higher rate during the forecast period. Blended acidifier compounds help reduce the presence of harmful microorganisms in feed in addition to promoting beneficial microbial growth in the gut. Conversely, the addition of antibiotics inhibits the growth of any microorganisms, even if they are beneficial to livestock.

South America is projected to be the fastest-growing market during the forecast period 

The South American market is projected to grow at the highest CAGR from 2018 to 2023. This growth is attributable to the development of the animal husbandry sector in the region that has promoted an increase in the consumption of feed additives such as acidifiers, rising income levels in emerging economies such as Brazil and Argentina which is supporting consumer inclination to better quality meat and other livestock products, rising demand for South American meat.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as BASF SE (Germany), Yara International ASA (Norway), Kemin Industries Inc. (US), Kemira OYJ (Finland), and Biomin Holding GmbH (Austria). Impextraco NV (Belgium), Pancosma (Switzerland), Nutrex NV (Belgium), Perstorp Holding Ab (Sweden), Novus International (US), Jefo Nutrition Inc. (Canada), Anpario plc (UK), Corbion Purac (Netherlands), ADDCON Group (Germany), and Peterlabs Holding (Malaysia) are other players that hold a significant share in the Feed Acidifiers Market.

Know more about the Feed Acidifiers Market: 

https://www.marketsandmarkets.com/Market-Reports/feed-acidifiers-market-163262152.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/feed-acidifiers-market.asp

Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets