North America, Europe and South America Feed Acid Market by Acid Type (Formic Acid, Propionic Acid, Acetic Acid, Butyric Acid, Citric Acid, and Other Acids) By Feed Type (Swine, Ruminant, Poultry, and Other Feeds) and by Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
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North America, Europe, and South America Feed Acid Market Overview:
The global Feed Acid Market is projected to be USD 4,151.2 Mn in 2021 to reach USD 6,576.1Mn by 2031 at a CAGR of 4.8%.
Market.US announces the publication of its most recently generated research report titled, “North America, Europe, and South America Feed Acid Market by Acid Type (Formic Acid, Propionic Acid, Acetic Acid, Butyric Acid, Citric Acid, and Other Acids) By Feed Type (Swine, Ruminant, Poultry, and Other Feeds) – Global Forecast to 2031”, which offers a holistic view of North America, Europe, and South America Feed Acid Market through systematic segmentation that covers every aspect of the target market.
Organic acids, commonly used for feed acidification, form the natural constituent in several feed products and are generated during animal metabolism. Known for their defensive properties against bacteria, fungus, or mold, they have been applied as an in‐feed prophylactic measure to counter such pathogens in the feed industry.
Organic acids have been used for a long time in commercial compound feeds, mostly for feed preservation, for which various acids, such as acetic acid, butyric acid, formic acid, propionic acid, etc., are effective.
Over the last few decades, research has indicated that acidifiers are the most reliable product group of the non-antibiotic growth promoters available worldwide and can even be used safely and effectively with other additives.
The important mode of action in organic acids is through their antimicrobial effects, a magnitude of which is dependent on the specific chemical properties of an individual acid or acid salt.
North America, Europe, and South America Feed Acid Market Revenue (US$ Mn), 2020–2031
Almost all regions across the globe have banned the use of in‐feed antibiotics in animal food products, which has resulted in the increasing use of alternatives such as probiotics, prebiotics, phytochemicals, enzymes, and organic acids.
Among these, organic acids (feed acid) play an important role in animal health, as they are used to manipulate intestinal microbial populations favorably and improve immune responsivity.
In addition, it improves the digestibility of nutrients and increases the absorption of minerals. These factors are expected to boost the demand for products from the feed acid market globally.
BASF, ADM, Cargill, etc., are a few major suppliers of feed acidulants across the globe. However, pricing and raw material supply constraints are expected to hamper market growth opportunities to a certain extent as multiple industries are reliant on them.
Recently, BASF has increased the prices of formic and propionic acids, citing high production costs, as well as an inversely proportionate ratio between demand and supply
North America, Europe, and South America Feed Acid Market Attractiveness Analysis by Acid Type, 2015–2031
The feed acid market is segmented on the basis of product type, feed type, and region. Based on product type, the market is sub-segmented into formic acid, propionic acid, acetic acid, butyric acid, citric acid, and other acids.With respect to the feed type segmentation, the market is further sub-segmented into swine, ruminant, poultry, and other feeds.
Among the product type segments, the propionic acid segment is expected to register the highest CAGR over the forecast period. Among the feed type, poultry holds a significant revenue share, followed by other feeds and ruminants. The market in Europe accounts for a majority revenue share, followed by North America
The research report on North America, Europe, and South America Feed Acid Market includes profiles of some of the major companies, such as
- Cargill BASF SE
- Archer-Daniels-Midland Co.
- Dow, Inc.
- Koninklijke DSM NV
- Eastman Chemical Co.
- Celanese Corp.
- Corbion N.V.
- Kemin Industries Inc.
- Novus International, Inc.
- and Other Key Players.
North America, Europe, and South America Feed Acid Market Segmentation Based on Product Type, Feed Type, and Region
Based on Product Type
- Formic Acid
- Propionic Acid
- Acetic Acid
- Butyric Acid
- Citric Acid
- Other Acids
Based on Feed Type
- Swine
- Ruminant
- Poultry
- Other Feeds
Based on Region
• North America
- The US
- Canada
- Mexico
• Europe
• South America
- Brazil
- Argentina
- Rest of South America
For North America, Europe, and South America Feed Acid Market research study, the following years have been considered to estimate the market size:
Particular Scope Region - North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Historic Year 2016 to 2020 Estimated Year 2022 Forecast Year 2023 to 2032 North America, Europe and South America Feed Acid Market
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- 76169
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US $6,000US $3,999
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US $8,000US $5,999
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US $10,000US $6,999
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- 76169
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US $6,000US $3,999
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US $8,000US $5,999
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US $10,000US $6,999
- Cargill BASF SE
- Archer-Daniels-Midland Co.
- Dow, Inc.
- Koninklijke DSM NV
- Eastman Chemical Co.
- Celanese Corp.
- Corbion N.V.
- Kemin Industries Inc.
- Novus International, Inc.
- and Other Key Players.