Adding nutritional value to animal feeds, through the
use of acids are referred to as feed acidifiers. Feed acidifiers are also used
for antibiotic purposes. The animal feed trend is shifting towards the use of
organic acids in animal feed, because of rising raw material costs causing a
steep rise in the animal feed prices.
The feed acidifiers market could be segmented into
three major categories, on the basis of acid types into: Sorbic acid, Citric
acid, Butyric acid, Acetic acid, Tartaric acid, Lactic acid, Malic acid, Formic
acid, Fumaric acid, Propionic acid, and Benzoic acid, and on the basis of its
end users into: Pig farming, Poultry, Cattle farming and others. The third and
the final segmentation of the feed acidifiers market could be done on the basis
of geography into: North America, Europe, Asia Pacific and the rest of the
world regions. The North American market for feed acidifiers market dominates
the majority of the market share, followed by the European region.
The feed acidifiers market is driven by factors such
as: rising demand for dairy products and meat, rising raw material costs for
the other animal feeds, rising use of feed acidifiers in treating animal
diseases especially gastrointestinal related, and the government regulations
such as the ban of antibiotics in the Europe. The rising demand of poultry
products and meat in the Asia Pacific regions will serve as an opportunity,
fuelling the future growth of the feed acidifier market. One of the factors
inhibiting the growth of feed acidifier market is the use of artificial growth
inducing hormones and drugs in animals for expedited results.
Some of the key players in the feed acidifiers market
are: BASF, Yara International, Novus International, Addcon Group GmbH, Trouw
Nutrition, Purac America, Biomin GmbH, Kemin Europe, Jefo Nutrition, Perstorp,
Furst McNess and others.
This report is a complete study of current trends in
the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments
in technology, Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed
value chain analysis.
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