Global Feed Acidifiers Market - 2024-2031

Overview

Global Feed Acidifiers Market reached US$ 2.78 billion in 2023 and is expected to reach US$ 4.45 billion by 2031, growing with a CAGR of 6.06% during the forecast period 2024-2031.

The global feed acidifiers market is a crucial segment of the agricultural and livestock industry, centered on the use of acidifying agents in animal feed to boost feed efficiency, enhance animal health and reduce microbial contamination. Increased livestock production is what is driving the market because there is a greater demand for meat, dairy products, and eggs on a global scale, which calls for more effective and healthy feed options.

Additionally, feed acidifiers address health and safety concerns by reducing pathogens, improving gut health and preventing diseases, which is critical for maintaining food safety and quality. Regulatory pressures, particularly the push against antibiotic use in animal feed, further propel the industry towards alternatives like feed acidifiers. Feed acidifiers' contribution to better feed utilization and waste reduction supports the trend toward sustainability and efficiency.

According to the OECD-FAO Agricultural Outlook 2022-2031, China is projected to account for most of the total increase in meat production. According to the report, China saw a significant 34% increase in pig meat production in 2021, which led the world's meat production to rise 5% to an estimated 339 Mt. The rise in meat production in Asia-Pacific, especially in China, boosts the demand for animal feed that enhance feed efficiency and livestock health, the use of feed acidifiers increases.

Market Dynamics

Growing Demand For Meat

The growing demand for meat is significantly driving the global feed acidifiers market. According to the Food and Agriculture Organization, world meat production reached approximately 360 million tonnes in 2022. This trend continues, with the OECD-FAO Agricultural Outlook 2022-2031 forecasting increases in global protein availability from poultry, pork, beef and sheep meat by 16%, 17%, 8% and 16%, respectively, by 2031.

Furthermore, FAO projects that poultry meat will account for 41% of all meat-derived protein by 2030, while beef, pigmeat and sheep meat will contribute 20%, 34% and 5%, respectively. This surge in meat production and consumption is fueling the need for effective feed additives, such as acidifiers, to enhance animal health, optimize feed efficiency and ensure sustainable production practices.

Focus on Animal Health and Productivity

The growing need to enhance animal health and productivity across various livestock sectors enhance the market growth. According to the Food and Agriculture Organization of the United Nations (2023), the global poultry population reached 139.2 billion in 2022, while cattle numbered approximately 1.55 billion, pigs totaled 978 million and sheep reached a record 1.266 billion in 2021 according to the International Wool Textile Organisation.

The significant and expanding livestock population underscores the increasing demand for solutions that optimize animal health and productivity. Acidifiers play a critical role in this context by maintaining gut health, improving digestion and enhancing nutrient absorption. These benefits are crucial for achieving better overall animal performance and productivity. As livestock populations grow and the demand for efficient, high-quality animal production rises, raising the use of feed acidifiers.

High Costs of Feed Acidifiers

The volatility in the prices of raw materials used in their production can restrain the market expansion. This price instability can lead to unpredictable production costs, which in turn affects the pricing of feed acidifiers. Additionally, the substantial cost associated with manufacturing high-quality feed acidifiers can be a barrier for small and medium-sized livestock operations, particularly in developing regions, limiting their ability to adopt these products and hindering overall market growth.

Segment Analysis

The global feed acidifiers market is segmented based on product, form, additive, end-user, distribution channel and region.

Versatility of Lactic Acid

The global feed acidifiers market is segmented based on additives into lactic acid, propionic acid, fumaric acid and others. The lactic acid segment dominated the market. Its effectiveness as a preservative stands out, as it lowers pH levels in feed, curbing the growth of harmful bacteria and molds and extending shelf life. Additionally, lactic acid enhances feed efficiency by improving digestibility and nutrient absorption, which boosts growth rates and feed conversion ratios in livestock.

The widespread regulatory approval of lactic acid adds to its popularity, reflecting its safety and minimal residue in animal products. Its natural and biodegradable properties align with the increasing demand for eco-friendly agricultural products. Furthermore, lactic acid's versatility allows it to be used across various types of animal feed, including those for poultry, swine and ruminants, expanding the segment applications in multiple sectors.

Geographical Penetration

Presence of Greater Demand for Feed in Asia-Pacific

Asia-Pacific dominates the global feed acidifiers market. The region is a major hub for livestock and poultry production. With large-scale production systems and a focus on improving animal health and productivity, feed acidifiers are used to enhance feed quality, improve digestion and control pathogens. India's large livestock population, which totaled 536.76 million in the 20th Livestock Census, is an example of the dominance.

The Food and Agriculture Organization reported that Asia had 473.05 million cattle alone in 2022, further highlighting the region's prominent role in global livestock production. The vast number of animals underscores a substantial demand for feed solutions, including feed acidifiers. Economic growth, increased investments in modern farming technologies and a growing awareness of the benefits of feed acidifiers contribute to the market's expansion.

Competitive Landscape

The major global players in the market include Kemin Industries, Inc., Lexington Enterprises Pte. Ltd., Jubilant Ingrevia Limited, Bioergex Salatas Bros S.A., Vitalac, dsm-firmenich, ADM, BASF SE, Yara International ASA and Alltech, Inc.

Russia-Ukraine War Impact Analysis

Ukraine and Russia are key agricultural product suppliers, particularly grains and oilseeds, which are required for feed acidifier production. The violence has impacted the supply of these raw materials, resulting in shortages and higher pricing. The war caused considerable interruptions in transportation lines, particularly in the Black Sea region, which is a major export hub for agricultural commodities. It caused delays and raised expenses in the shipment of feed acidifiers.

The war has increased global energy prices, particularly for oil and gas, which are critical inputs in the production of feed acidifiers. Higher energy costs have resulted in increased manufacturing costs, impacting manufacturers' profitability. The battle has fueled worldwide inflation, raising the costs of raw resources, transportation and industry. Inflationary pressures led to increasing prices for feed acidifiers, hurting affordability.

By Form

Dry

Liquid

By Additive

Lactic Acid

Propionic Acid

Fumaric Acid

Others

By End-User

Ruminants

Swine

Poultry

Aquaculture

Others

By Distribution Channel

Specialty Stores

Online Retail

Others

By Region

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Rest of Europe

South America

Brazil

Argentina

Rest of South America

Asia-Pacific

China

India

Japan

Australia

Rest of Asia-Pacific

Middle East and Africa

Key Developments

In June 2024, Kemin introduced a new feed acidifier in US designed to improve swine health. This innovative additive enhances pathogen control and supports overall intestinal health through effective acidification.

In June 2022, Innovafeed and Cargill extended their partnership from three years to ten to jointly develop and market insect meal. This expanded global collaboration aims to provide aquafarmers with innovative, sustainable ingredients, helping them produce seafood with reduced environmental impact.

In June 2022, Wilbur-Ellis Nutrition revealed that it has finalized an agreement to acquire F.L. Emmert, a prominent producer and promoter of cutting-edge nutritional solutions for pets and livestock.

Why Purchase the Report?

To visualize the global feed acidifiers market segmentation based on product, form, additive, end-user, distribution channel and region, as well as understand key commercial assets and players.

Identify commercial opportunities by analyzing trends and co-development.

Excel data sheet with numerous data points of the feed acidifiers market with all segments.

PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.

Product mapping available as excel consisting of key products of all the major players.

The global feed acidifiers market report would provide approximately 70 tables, 64 figures and 228 pages.

Target Audience 2024

Manufacturers/ Buyers

Industry Investors/Investment Bankers

Research Professionals

Emerging Companies