Global Feed Acidulants Market Size By Type (Propionic Acid, Formic Acid), By Application (Pig, Cow), By Region, And Segment Forecasts, 2023 to 2032

The Global Feed Acidulants Market is anticipated to grow substantially, projected to reach a value of USD 5.5 billion by 2031 from an estimated USD 3.2 billion in 2023, registering a CAGR of 7.1% from 2023 to 2031. Feed acidulants are critical additives that enhance feed quality, improve gut health, and bolster the immune systems of livestock, which directly impacts growth and productivity. The market growth is driven by increasing awareness about livestock health, rising demand for meat and dairy products, and the ongoing shift towards sustainable and efficient livestock farming practices.

Drivers

Rising Demand for Animal Protein: Growing global population and urbanization drive the demand for high-quality meat and dairy products, fueling the need for effective feed acidulants that improve animal health.

Focus on Gut Health: Improved gut health leads to better nutrient absorption and immunity in animals, reducing disease incidence and enhancing productivity. This has propelled the use of acidulants in animal feed.

Ban on Antibiotics as Growth Promoters: In response to antibiotic resistance concerns, feed acidulants are increasingly used as an alternative to antibiotics, promoting growth naturally.

Restraints

High Cost of Organic Acidulants: Although highly effective, the premium pricing of organic acidulants can hinder their adoption, especially in cost-sensitive markets.

Lack of Awareness in Emerging Economies: Limited awareness about the benefits of acidulants in certain regions restricts market growth.

Opportunity

Innovation in Acidulant Formulations: New formulations focusing on specific livestock requirements provide an opportunity for market players to differentiate their offerings and expand their customer base.

Growth in Emerging Markets: Rising investments in livestock farming in regions like Asia-Pacific and Latin America present significant growth opportunities for acidulant providers.

Market by Type Insights

The Propionic Acid segment held the largest market share in 2023 and is expected to continue its dominance through 2031. Propionic acid is widely favored for its antifungal properties, which extend feed shelf life. The Formic Acid segment is also gaining traction due to its role in enhancing gut health and preventing pathogenic growth in animal feed.

Market by Livestock Insights

Among livestock, the Poultry segment accounted for the largest share in 2023, owing to the rising global demand for poultry products. The Swine segment is anticipated to witness significant growth due to the increasing focus on animal health and productivity in pork production.

Market by Regional Insights

In 2023, North America led the market, driven by advanced livestock farming practices and high awareness of feed additives. However, the Asia-Pacific region is expected to witness the highest growth rate, supported by rising meat consumption, expanding livestock farming, and increasing awareness about feed acidulants in countries such as China and India.

Competitive Scenario

Key players in the Global Feed Acidulants Market include BASF SE, Kemin Industries, Perstorp Holding AB, Yara International ASA, and Novus International, Inc. These companies are focusing on innovation, strategic acquisitions, and partnerships to strengthen their market positions. For instance, in 2024, BASF SE introduced a new acidulant blend specifically formulated to enhance gut health and improve feed utilization in poultry.

Scope of Work – Global Feed Acidulants Market

Key Market Developments Innovation in feed acidulants for poultry, Strategic partnerships to expand regional presence

Key Market Developments

2024: BASF SE launched a specialized acidulant blend designed for poultry, enhancing gut health and reducing disease incidence.

2025: Kemin Industries entered a strategic partnership with a major poultry producer in Asia to expand its acidulant distribution network.

2026: Novus International introduced a new feed acidulant product line targeting enhanced feed efficiency in swine.

FAQs

What is the current market size of the Global Feed Acidulants Market?

The Global Feed Acidulants Market was valued at USD 3.2 billion in 2023.

What is the major growth driver of the Global Feed Acidulants Market?

The primary driver is the increasing demand for animal protein and the need for efficient livestock farming.

Which is the largest region during the forecast period in the Global Feed Acidulants Market?

North America held the largest market share in 2023; however, Asia-Pacific is expected to see the highest growth rate.

Which segment accounted for the largest market share in the Global Feed Acidulants Market?

The Propionic Acid segment was the largest by type, while the Poultry segment led by livestock.

Who are the key market players in the Global Feed Acidulants Market?

Leading players include BASF SE, Kemin Industries, Perstorp Holding AB, Yara International ASA, and Novus International, Inc.

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