Asia-Pacific Feed Acidifiers Market

Asia-Pacific Feed Acidifiers Market Size, Growth, Trends and Forecast:

Asia-Pacific Feed Acidifiers Market was worth USD 399.48 million in 2021 and estimated to be growing at a CAGR of 7.50%, to reach USD 573.51 million by 2026.

Animal feed Acidifiers are organic acids that are mixed in the feed for nutritious or additive purposes. Acidifiers are found to improve the balance between congestion and micro biologicals in the nutritious and digestive related tracts of livestock. In addition to these, they are also known to substitute the impacts of specific antibiotics. This market has a huge potential in the region due to improving increasing demand for the meat in the developing countries.

Drivers and Restraints of Asia-Pacific Feed Acidifiers Market:

Drivers such as increasing demand for protein rich food like dairy and meat, increasing importance for animal health, rising awareness about the feed quality are the propelling the growth of the market. Factors such as artificial substitutes, growth inducing hormones, increasing new entrants are acts as restraints of the market.

The Asia-Pacific Feed Acidifiers Market is segmented and sub-segmented into following categories:

Asia-Pacific Feed Acidifiers Market - By Type:

• Propionic Acid

• Fumaric Acid
• Lactic Acid
• Acetic Acid
• Formic Acid
• Butyric Acid
• Others

Asia-Pacific Feed Acidifiers Market - By Livestock:

• Poultry
• Swine
• Cattle
• Aquatics
• Others

Asia-Pacific Feed Acidifiers Market - By Form:

• Acidifiers blends
• single component Acidifiers

Regional Analysis:

On the basis of geography, the Asia pacific market is analysed under various regions namely Japan, China, Australia, India and ASEAN. Poultry and ruminant are the major expending portion of feed acidifiers; poultry alone records for around half of the market share in Asia-Pacific.

Key Players:

• Kemira OYJ
• Yara international
• Kemin Industries
• BASF SE
• Biomin holding GmbH
• Impextraco
• Novus International
• ADDCON GmbH
• Perstorp AB