Robust Demand for Animal Meat Against the Backdrop of Growing Concerns of Antibiotic Resistance in the Food Chain to Spur Consumption of Feed Acidifiers

Rapidly rising consumption of meat and other animal products; trend towards sustainable industrialization of livestock production; emergence of antibiotic resistance (ABR) food animals as the key reason for the spread of antibiotic resistance among human population and a parallel tightening of regulations curbing irresponsible use of antibiotics are poised to drive the global Feed Acidifiers market to reach US$2.5 billion by 2024.

Feed acidifiers are organic acids that are used in animal feed to improve animal health and output, accelerate animal growth, optimize feed utilization, and for forage preservation, in a cost effective manner. Acidifiers are also used for controlling microbial growth, inhibiting pathogenic bacteria, reducing feed buffer capacity, and enhancing nutrient digestibility. Due to their ability to reduce pH levels of animal feed, acidifiers play a critical role in preventing growth of pathogenic microorganisms in animal intestines and also in preventing diseases and activating feed’s digestive enzymes.

Feed acidifiers market worldwide continues to grow at a stable rate supported by the increasing awareness about the role played by feed acidifiers in improving quality of animal feed and preventing occurrence of diseases, such as bird flu in poultry, avian flu and swine flu, in livestock. The increasing awareness about the health advantages to animals from the use of feed acidifiers also contributes to the market’s growth. Growing focus on improving animal health, along with escalating demand for livestock products and increasing consumption of meat products are positively impacting the market. Rapid growth of meat industry, against the backdrop of rising consumer demand for high-protein foods such as milk, eggs and meat, is driving demand for high quality animal feed from poultry, swine, bovine, and aquaculture industries, thus enhancing use of animal feed additives such as feed acidifiers.

The feed acidifiers market is being favored by the restrictions imposed on the use of antibiotics as growth promoters in animal feed. While Europe has completely banned the use of antibiotics in animal feed since 2006, several areas of the US are also imposing certain restrictions on its use. In 2017, the US FDA adopted new rules aimed at banning antibiotic use as feed supplements that are used for enabling poultry and livestock to grow at a faster rate. With regulatory agencies such as the FDA, REACH and the USDA placing bans on the use of antibiotics and multivitamins being used in animal feed, the demand is rising for feed acidifiers as suitable alternative ingredients.

Propionic acid represents the largest segment, due to its extensive use as a feed additive for improving the overall quality of animal feed. The segment also benefits from propionic acid being an easily digestible source of energy, as well as its mold inhibition and antibacterial characteristics, which prevent bacteria and fungi proliferation. Fumaric acid is expected to grow at a rapid growth rate in the coming years. Fumaric acid, an approved non-nutritive preservative, is used as a feed additive in swine food, where the compound acts as an effective additive to piglet feed during the post-weaning period. By including fumaric acid to piglet feed, significant benefits are seen in the form of better weight gain, improved food intake, and better feed conversion ratio. Fumaric acid is being increasingly used due to the rising awareness about its advantages for final compound feed.

As stated by the new market research report on Feed Acidifiers, Europe represents the largest regional market, worldwide. The widespread adoption of selective breeding and modern practices in animal husbandry across Europe favors organic acids-based feed acidifiers, as they benefit from high nutritional value and antimicrobial properties. Europe’s strong standing in the feed acidifiers market is also attributed to the rapid growth of milk packaging and poultry markets and the rising demand for high nutrient-based feed products in the region. The EU ban on antibiotics as growth promoters transformed the region into the largest market for feed acidifiers. Asia-Pacific is forecast to register the fastest CAGR of 6.7% over the analysis period, with growth driven mainly by the rapidly rising demand from high-growth economies of China and India. The region is witnessing significant increase in demand for livestock products, which coupled with the rising consumer demand for high-nutrition foods and nutrient-rich animal products, and increasing per capita consumption of animal and meat products are fueling growth in the feed acidifiers market.

Major players in the market include ADDCON GROUP GmbH, BASF SE, BIOMIN Holding GmbH, Corbion NV, Eastman Chemical Company, Impextraco NV, Jefo Nutrition Inc., Kemin Industries Inc., Novus International Inc., Perstorp Holding AB, Trouw Nutrition, Selko Feed Additives, and Yara International ASA, among others.

The research report titled “Feed Acidifiers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. The report analyzes the Feed Acidifiers market by the following product segments - Formic Acid, Lactic Acid, Fumaric Acid, Propionic Acid and Others.

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