Animal Feed Acidifiers Market - By Product (Formic Acid, Lactic Acid, Propionic Acid, Citric Acid, Fumaric Acid), By Form (Liquid, Dry), By Livestock (Poultry, Swine, Ruminants, Aquaculture), By Application & Forecast, 2024 – 2032
The global animal feed acidifiers market is expected to grow at a CAGR of 6.4% during 2024-2032 driven by increasing awareness in livestock producers about product benefits, and global rise in meat consumption.
According to an article by The World Counts in 2023, by 2050, global meat consumption is estimated to soar to a range of 460 million to 570 million tons. The growing global population and the subsequent rise in meat consumption have put immense pressure on the livestock industry to optimize production processes. Animal feed acidifiers help in supporting the livestock sector by promoting better digestion, mitigating the risk of diseases, and ultimately contributing to higher yields. The emphasis on sustainable and eco-friendly practices in animal husbandry is further boosting the adoption of acidifiers, as they offer a viable solution to address both economic and environmental concerns.
The global animal feed acidifiers industry is classified based on product, livestock, application, and region.
The lactic acid product segment is poised to grow rapidly through 2032, due to its multifaceted benefits in animal nutrition. These acidifiers aid in maintaining the optimal pH in the gastrointestinal tract, fostering a conducive environment for beneficial bacteria, and inhibiting the growth of harmful pathogens. The use of lactic acid in animal feed not only promotes better digestion but also result in improved feed conversion rates, thus enhancing overall livestock performance.
The dry form segment is set to gain traction during the study period, owing to the convenience and ease of handling. Dry form acidifiers also offer longer shelf life, making them a practical solution for large-scale animal farming operations. The ability to precisely measure and mix dry acidifiers with feed further adds to their appeal, providing flexibility to meet the diverse nutritional requirements of different animal species.
Asia Pacific animal feed acidifiers market size is set to expand during 2024-2032, driven by the increasing demand for high-quality meat products, coupled with a rising awareness of the benefits of acidifiers in animal nutrition. Countries such as China, India, and Southeast Asian nations are witnessing a surge in livestock production, creating a significant demand for feed additives. Moreover, the government initiatives and investments in the agriculture sector are playing a pivotal role in shaping the market landscape.