PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421596
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421596
The global feed acidulants market size is expected to reach USD 8.46 billion by 2032, according to a new study by Polaris Market Research. The report "Feed Acidulants Market Share, Size, Trends, Industry Analysis Report, By Type (Lactic Acid, Propionic Acid, Fumaric Acid, Citric Acid, Others); By Livestock; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Feed acidulants are acid additives added to animal feed to create an acidic environment in the digestive tract. This enhances nutrient absorption, inhibits harmful bacteria growth, and promotes better overall digestive health in animals, leading to improved animal performance and well-being.
Feed acidulants are available in various forms, including powders, gases, liquids, and other variations. Among manufacturers, powdered feed acidulants are preferred due to their convenience in storage. This preference for the dry variant of feed acidulants is expected to play a significant role in driving the growth of the global feed acidulants market.
Feed acidulants are gaining popularity in the global market due to their increasing utilization. They play a crucial role as preservatives in the food and beverage industry, enhancing both the flavor and texture of various food items. In addition, they help to maintain the pH and acidity levels in beverages. The combination of these beneficial features is anticipated to drive the demand for feed acidulants in the global market.
The COVID-19 pandemic has affected the feed acidulants market. Supply chain disruptions have caused fluctuations in availability, distribution, and pricing. The economic downturn has also decreased demand. Furthermore, the economic challenges stemming from the pandemic prompted certain farmers to reevaluate their expenditures, causing a temporary dip in the demand for these additives.
However, there is an increasing awareness of animal health and immunity, driving interest in feed acidulants. Ongoing research may lead to more advanced additives to address emerging challenges in animal nutrition.
Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective coronary stent devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for coronary stents throughout the forecast period.
Polaris Market Research has segmented the feed acidulants market report based on type, livestock, and region: