Latin America Feed Acidifiers Market

Latin America Feed Acidifiers Market Size, Growth, Trends and Forecast:

Latin America Feed Acidifiers Market was worth USD 295.27 million in 2021 and estimated to be growing at a CAGR of 6.60%, to reach USD 406.44 million by 2026.

Factors 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 boosting the growth of the market. Artificial substitutes, growth inducing hormones, increasing new entrants are the factors restraining the growth of the market.

Feed Acidifiers are used to enhance the quality and properties of the animal feed, in order to boost the features such as overall gut digestive, animal health performance and others. Acidifiers also help to control microbial development, reduction of feed buffer limit, hinder pathogenic microscopic organisms. They are also known to substitute the impacts of specific anti-biotics.

The Latin America Feed Acidifiers Market  is segmented and sub-segmented into following categories:

Latin America Feed Acidifiers Market - By Type:

• Propionic Acid

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

Latin America Feed Acidifiers Market - By Livestock:

• Poultry
• Swine
• Cattle
• Aquatics
• Others

Latin America Feed Acidifiers Market - By Form:

• Acidifiers blends
• single component Acidifiers

The Market is Geographically divided into:

Latin America:

• Brazil
• Argentina
• Mexico

Propionic acid has a largest share in the feed acidifiers market. Poultry and ruminant are the major expending portion of feed acidifiers.

Key Players:

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