Feed Acidulants Market Share, Size, Trends, Industry Analysis Report, By Type (Lactic Acid, Propionic Acid, Fumaric Acid, Citric Acid, Others); By Region; Segment Forecast, 2023 - 2032

Feed Acidulants Market Share, Size, Trends, Industry Analysis Report, By Type (Lactic Acid, Propionic Acid, Fumaric Acid, Citric Acid, Others); By Region; Segment Forecast, 2023 - 2032

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.

Feed Acidulants Market Report Highlights

In 2022, the propionic acid segment held the largest revenue share in the feed acidulants market. The growing demand for propionic acid in the animal feed acidulants market can be attributed to two key factors: the rising requirement for animal protein and the desire to improve feed quality. Propionic acid provides a wide range of advantages, including enhanced nutrient absorption in animals, decreased bacterial growth, and improved digestive health. Moreover, it is a popular option for preventing mold in animal feed and has proven its efficacy in reducing mycotoxins within the feed.

Propionic acid finds extensive use in preventing mold and bacterial growth in animal feed. This utilization extends the shelf life of the feed and preserves its nutritional quality. Moreover, it excels in thwarting the formation of mycotoxins, which can pose health risks to livestock.

The swine segment accounted for the highest market share during the forecast period. The surge in worldwide pork consumption, particularly in the premium pork segment, is fueling this growth, alongside the growing necessity for more efficient disease prevention and control measures in the swine farming industry. The inclusion of feed acidulants in swine diets provides advantages such as heightened nutrient absorption, enhanced gut health, and a decreased susceptibility to diseases such as post-weaning diarrhea and swine dysentery.

In 2022, North America dominated the market of feed acidulants because there exists a steady and strong demand for meat and dairy products in the region, this enduring consumer enthusiasm acts as a fundamental factor supporting the continuous growth of the industry. The industry's dynamics are significantly shaped by stringent and all-encompassing regulations related to animal feed quality and animal welfare. These regulations not only exemplify North America's commitment to maintaining the highest standards in animal care and food quality but also play a pivotal role in influencing the industry's procedures and benchmarks.

The global key market players include Archer Daniels Midland Company, ADM Animal Nutrition, Anpario plc, BASF SE, Cargill, Incorporated, DuPont de Nemours, Inc., Hansen Holding A/S, Impextraco NV, Kemin Industries, Inc., Lallemand Inc., Lesaffre Group, Novozymes A/S, Novus International, Inc., Phibro Animal Health Corporation, Royal DSM N.V., and Tate & Lyle Plc.

Polaris Market Research has segmented the feed acidulants market report based on type, livestock, and region:

Feed Acidulants Market, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Lactic Acid

Propionic Acid

Fumaric Acid

Citric Acid

Others

Feed Acidulants Market, Livestock Outlook (Revenue - USD Billion, 2019 - 2032)

Ruminants

Poultry

Aquaculture

Swine

Others

Feed Acidulants Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa