Global Animal Nutrition Organic Acids Market - 2022-2029

Global Animal Nutrition Organic Acids Market - 2022-2029

Market Overview

The global animal nutrition organic acids market valued USD xx million in 2021 and is forecast to reach USD xx million by 2029, growing at a CAGR of xx% during the forecast period (2022-2029).

An organic acid refers to an organic compound with acidic properties. Organic acids are the most common carboxylic acids and are associated with their carboxyl group. Organic acids have been used for decades in commercial compound feeds, primarily for feed preservation, because of their effects on bacteria. In addition, organic acids have been used successfully in pig production for more than 25 years. Although less research has been done on poultry, organic acids have also been found to be beneficial in poultry production. Organic acids are increasingly used for feed preservation in commercial compound feeds and applications related to diets in pigs and poultry. These acids have proven to be highly effective in maintaining the growth performance of animals. Among the available antibiotic growth promoters, organic acids are the most reliable product group.

Market Dynamics:

Increasing advantages associated with addition of organic acids in animal nutrition

Dietary acidification with organic acids has been shown to contribute to environmental hygiene preventing feed raw materials and compound feed from microbial and fungal deterioration. Moreover, constant treatment with organic acids has a residual protective effect in feed, which helps to reduce recontamination and also to reduce the contamination of milling and feeding equipment as well. Supplementation of organic acids in feed tends to decrease the feed pH, buffer capacity and to prevent growth of undesirable microbes. However, for each acid, its specific inhibiting effect on bacteria, yeast and mould has to be considered when recommendations for feed supplementation are made. For example, some organic acids, like formic and propionic acids, have broader antimicrobial activities and can be effective against bacteria and fungi, including yeast.

Due to insufficient production of hydrochloric acid (HCl) and pancreatic enzymes, and sudden changes in feed consistency and intake, piglets have limited digestive capacity and absorption at weaning. Moreover, the stress associated with weaning is known to disturb the intestinal microflora. Various studies show that acidification of the diets with organic acids decreased pH value in feed and consequentially reduced the coliform and E. coli counts along the intestinal tract, decreasing scouring and mortality of piglets.

Market Segmentation:

The poultry segment held the highest market revenue share of xx% in the year 2021

Based on the species, the poultry segment held a dominant market share in 2021. Organic acids have indicated the capability to enhance poultry performance by altering the pH of the gastrointestinal tract (GIT) and consequently changing the microbiome's composition. In addition, organic acids, by altering the design of the microbiome, protect poultry from pH-sensitive pathogens. Organic acids have strong bacteriostatic effects and have been used as salmonella-control agents in feed and water supplies for poultry.

Increasing demand for broiler meat is expected to boost the demand for organic acids and their salts in animal nutrition manufacturing. According to the MARK Media, the consumption of broiler feed reached 334.57 million metric tons globally in 2020 and is expected to increase over the forecast period due to the rising consumption of broiler meat in the human diet as it is a good source of proteins, helps to build muscle, strengthens bones, and provides minerals and vitamins.

Geographical Penetration:

Asia Pacific is expected to dominate the global animal nutrition organic acids market in the year 2021

The Asia Pacific segment held a dominant market share of xx% in 2021. The Asia Pacific is anticipated to register the fastest growth over the coming years because of high cattle cultivation and an increased focus on developing good quality meat for consumption. Asia has the fastest developing livestock sector. Growing incomes, expanding urbanization, and aging - but expanding - populations fuel the rapidly growing demand for livestock products, particularly meat. For instance, according to the Ministry of Fisheries, Animal Husbandry & Dairying, India's total livestock population in 2019 was 535.78 million, and total cattle population in 2019 was 192.49 million. There has been a dramatic shift from formerly predominantly vegetable-based diets to those of animal protein. This shift has resulted in a continued transformation of the livestock sectors in the region, with subsequent implications for the feed resource and other inputs.

China is one of the top feed-producing countries with a production capacity of over 187 million metric tons annually. The country produces a significant amount of wheat, rice, barley, and soybean, which are required for manufacturing animal nutrition products. The growing preference toward consuming poultry meat over pork due to the outbreak of African swine fever is expected to boost the demand for sorbic acid in the poultry industry. Moreover, market players in the country are focusing on improving their presence by setting up feed mills across the globe, triggering the demand for sorbic acid.

Competitive Landscape:

The global animal nutrition organic acids market is highly competitive. Manufacturers of organic acids such as Butyric Acid, sorbic acid, malic acid, fumaric acid, lactylates, and myristic acid are continuously engaged in partnerships along with collaborations. Through these operational integrations, manufacturers are trying to reach out to potential consumers of organic acid who are involved in manufacturing a variety of animal nutrition products. Companies operational in the global market are focusing on increasing their exposure in the regional markets. For instance, in 2019, Thirumalai Chemicals Ltd. announced to set up its subsidiary in the U.S. in order to manufacturer malic acid and fumaric acid. This step helps the company to place products across the region within the required time efficiently.

COVID-19 Impact:

Negative impact on the global animal nutrition organic acids market

The pandemic has resulted in a drop in the market growth of animal nutrition organic acids in 2020 because of the disruption of national and international supply chains, lower global meat demand caused by disrupted HORECA services, and lower consumer spending in most parts of the world. Though market growth is expected to recover in 2021 because of the vaccine, the impact of the COVID-19 pandemic on the animal nutrition organic acids market is expected to be most intense in developing economies because of low purchasing power.

Why Purchase the Report?

Understand the current market scenario and viability of global animal nutrition organic acids market over the forecast period

Visualize the composition of the global animal nutrition organic acids market in terms of a product, species, and application to identify major players, growth potential, and market strategies

Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period

Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

Excel data sheet with valuable data points of the global animal nutrition organic acids market – Regional and Country level segmentation

Product mapping in excel for the key products of all major market players

Market share analysis covering business revenues ($) and revenue share (%) of key market players

The global animal nutrition organic acids market report would provide an access to approximately 60 market data tables, 60 figures, and 180 pages

Target Audience:

Animal Feed Manufacturers

Animal Feed Ingredients Manufacturers

Pet Food Manfuacturers

Education & Research Institutes

Research Professionals