Asia-Pacific feed acidifiers market is expected to reach USD 496.27 million in 2024 and reach USD 712.47 million by 2029, growing at a CAGR of 7.50% from 2024 to 2029.
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 microbiologicals 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 huge potential in the region due to the increasing demand for meat in developing countries.
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.
This research report on the Asia-Pacific feed acidifiers market is segmented and sub-segmented into the following categories:
Asia-Pacific Feed Acidifiers Market - By Type:
Asia-Pacific Feed Acidifiers Market - By Livestock:
Asia-Pacific Feed Acidifiers Market - By Form:
Asia-Pacific Feed Acidifiers Market – By Country:
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 MARKET PLAYERS:
Kemira OYJ, Yara International, Kemin Industries, BASF SE, Biomin Holding GmbH, Impextraco, Novus International, ADDCON GmbH, Perstorp AB. These are some of the market players dominating the Asia Pacific feed acidifier market.
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