
Global Acid And Nutrient In Animal Nutrition Market Size By Type (Amino acids & Proteins, Minerals (macro & trace)), By Application (Poultry Feed, Aquatic Feed), By Region, And Segment Forecasts, 2023...
Report Id: 35984 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:
The Global Acid and Nutrient in Animal Nutrition Market was valued at USD X.X billion in 2023 and is projected to surpass USD X.X billion by 2031, growing at a CAGR of X.X% during the forecast period from 2023 to 2031. The increasing demand for high-quality animal feed, rising awareness of livestock nutrition, and advancements in feed additives are key factors driving market growth. Acids and nutrients play a crucial role in improving animal health, enhancing digestion, and optimizing feed efficiency. With the growing global consumption of meat and dairy products, the demand for nutrient-rich animal feed continues to rise.
Market Dynamics:
Drivers:
Rising Demand for Nutrient-Rich Animal Feed
The growing livestock industry and
increasing demand for high-quality meat and dairy products drive the need for
enriched animal feed containing essential acids and nutrients.
Increasing Awareness About Animal Health
& Nutrition
Farmers and livestock owners are
increasingly recognizing the benefits of feed additives, acids, and nutrients
in boosting animal immunity and productivity.
Expansion of the Livestock Industry
The expansion of poultry, cattle, and
aquaculture farming across emerging economies is creating a surge in demand for
specialized animal feed ingredients.
Restraints:
High Cost of Acid and Nutrient Additives
The production and inclusion of acid and
nutrient-based feed additives add to the overall cost of animal feed, making it
expensive for small-scale farmers.
Stringent Regulatory Standards
The strict regulations regarding the use of
feed additives and synthetic acids in animal nutrition could limit market
expansion.
Opportunities:
Development of Innovative and Sustainable
Feed Additives
Advancements in biotechnology and research
are enabling the formulation of sustainable and highly effective acid and
nutrient-based animal feed.
Growing Demand in Emerging Economies
Rapid urbanization, rising incomes, and an
increasing appetite for animal-derived food products in Asia-Pacific and Latin
America present lucrative opportunities for market growth.
Market Segmentation:
Market by Acid Type Insights:
Amino Acids Segment: Dominated the market
in 2023, accounting for the largest share due to their crucial role in
improving metabolism and protein synthesis in animals.
Organic Acids Segment: Expected to witness
significant growth due to their benefits in enhancing digestion, reducing gut
infections, and improving overall livestock health.
Market by Livestock Insights:
Poultry Segment: Held the largest market
share in 2023, driven by the high demand for poultry meat and eggs.
Cattle Segment: Expected to grow at a
steady rate due to the increasing consumption of dairy products and beef.
Aquaculture Segment: Gaining momentum with
the rising demand for sustainable fish farming practices.
Market
by Regional Insights:
North America: Led the market in 2023 due
to the well-established livestock industry and increasing adoption of feed
additives.
Asia-Pacific: Expected to grow at the
highest rate during the forecast period, supported by the rapid expansion of
poultry and aquaculture farming in China, India, and Southeast Asia.
Europe: Witnessing steady growth due to the
presence of stringent regulations promoting the use of safe and natural feed
additives.
Competitive
Scenario:
Key players in the Global Acid and Nutrient
in Animal Nutrition Market include:
Cargill, Inc.
Archer Daniels Midland Company
BASF SE
DSM Nutritional Products
Evonik Industries
Kemin Industries
DuPont Nutrition & Biosciences
Novus International, Inc.
These companies focus on expanding their
product portfolios, strategic collaborations, and research & development
investments to enhance market presence.
Scope
of Work – Global Acid and Nutrient in Animal Nutrition Market
Report
Metric |
Details |
Market Size (2023) |
USD X.X Billion |
Projected Market Size (2031) |
USD X.X Billion |
CAGR (2023-2031) |
X.X% |
Key Segments |
Acid Type, Livestock, Region |
Leading Segment by Acid Type |
Amino Acids |
Leading Segment by Livestock |
Poultry |
Key Regions Covered |
North America, Europe, Asia-Pacific,
Latin America, MEA |
Key Companies |
Cargill, ADM, BASF SE, DSM, Evonik,
Kemin, DuPont, Novus |
Market Drivers |
Rising demand for nutrient-rich animal
feed, Expansion of livestock industry, Increasing awareness about animal
nutrition |
Market Restraints |
High cost of feed additives, Stringent
regulatory standards |
Market Opportunities |
Development of sustainable feed additives,
Growth in emerging markets |
Key
Market Developments:
2023: BASF SE launched a new line of
organic acid-based feed additives to enhance gut health in livestock.
2024: DSM Nutritional Products expanded its
feed additive portfolio by introducing advanced amino acid formulations for
improved feed efficiency.
2025: Cargill, Inc. announced a strategic
partnership with a biotechnology firm to develop sustainable plant-based feed
acid solutions.
FAQs:
What is the current market size of the
Global Acid and Nutrient in Animal Nutrition Market?
The market was valued at USD X.X billion in
2023.
What is the major growth driver of the
Global Acid and Nutrient in Animal Nutrition Market?
The rising demand for nutrient-rich animal
feed and the expansion of the livestock industry are key drivers.
Which is the largest region during the
forecast period in the Global Acid and Nutrient in Animal Nutrition Market?
North America led the market in 2023, but
Asia-Pacific is expected to witness the highest growth.
Which segment accounted for the largest
market share in the Global Acid and Nutrient in Animal Nutrition Market?
The Amino Acids segment dominated the
market in 2023.
Who are the key market players in the
Global Acid and Nutrient in Animal Nutrition Market?
Leading companies include Cargill, BASF SE,
DSM, Evonik, Kemin, and ADM.
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