The global Poultry Acidifiers Market size is expected to reach USD 4,148.9 Million in 2028 and register a revenue CAGR of 4.3% over the forecast period, according to the latest report by Reports and Data. Increasing consumption of meat products, rising government funding, and growing public awareness about use of Poultry Acidifiers in animal feed are key factors driving market revenue growth. Feed additives are nutritional supplements given to farm animals, which ensure that these animals are well-nourished.
The report studies financial information gathered by extensive primary and secondary research to offer accurate market insights. The report also offers a holistic overview of the market share, market size, market revenue growth, and segments and sub-segments along with strategic recommendations to key market players and new entrants. The report also emphasizes nascent market segments and provides insights into the growth prospects and opportunities.
Inquire for sample report @ https://www.reportsanddata.com/sample-enquiry-form/4854
Growing demand for food across the globe has increased the need to better manage and cultivate important crops. Rising application of satellite imaging, drone technology, and precision agriculture has further enhanced agricultural practices, in turn, increasing profits and revenue. Increasing incidence of unpredictable weather and extreme climate has further boosted need for better water management practices and technology. Further, integration of IoT and data analytics have further accelerated the adoption of smart farming technology and is expected to contribute significantly to the revenue growth of the market.
The competitive landscape section of the report discusses in detail the company overview, product and services portfolio, business expansion plans, production and manufacturing capacity, financial standing, and global market position. It further sheds light on the recent mergers and acquisitions, collaborations, partnerships, corporate and government deals, agreements, and product launches.
Key Participants:
Major companies profiled in the market report are BASF SE, Yara International ASA, Kemin Industries, Kemira Oyj, Perstorp Holding AB, Novus International, Inc., Corbion N.V., Anpario PLC, PeterLabs Holdings Berhad, and JEFO Nutrition Inc.
Some Key Highlights From the Report:
- Propionic acid segment accounted for the largest revenue share in 2020. The most widely used feed acidifier on the market is propionic acid. As an organically based acidifier, its use as a feed additive is advantageous because it is safe for animals, humans, and the environment. Propionic acid is primarily utilized as a nutritional supplement and as an important source of feed additive. It can also be used as a preservative in animal feed since it inhibits bacterial development in molds. Propionic acid's preservation effect aids in prevention of feed nutrient losses and mycotoxin development. Propionic acid also aids in prevention of reproductive issues, digestive issues, and immunological weakness in livestock. Propionic acid's dominance in the Poultry Acidifiers industry is largely due to these factors.
- Dry segment is expected to expand at significant revenue CAGR in the global Poultry Acidifiers market over the forecast period. Because of the ease of use, storage, and transportability, the majority of companies in this market offer their products in dry form.
- Blended compound segment is expected to register a rapid revenue growth rate over the forecast period. Because blended Poultry Acidifiers are more inexpensive for individual, group, and corporate farmers, they will continue to be the economical choice for Poultry Acidifiers. They are also less difficult to administer to livestock. Their varied makeup makes them easier to digest for livestock.
- Poultry segment accounted for the largest revenue share in the global Poultry Acidifiers market in 2020. Unlike pig and beef, poultry flesh is commonly consumed and has few religious restrictions. Natural feedstuffs can only cover a portion of a poultry's mineral needs, necessitating the use of feed supplements like acidifiers in feed compositions. Antibiotic growth promoters (AGP) are routinely used in poultry feed to help improve poultry health. These acidifiers help keep the pH in poultry stomachs stable, allowing proteolytic enzymes to activate and operate properly.
- Market in Europe accounted for significant revenue share in the global Poultry Acidifiers market in 2020. Various governments around the European Union have also tightened the rules and regulations governing what European farmers can feed their cattle. Healthy compounds and components, as well as substances and elements that boost livestock's general and gut health, are increasingly required by European governments.
For the purpose of this report, Reports and Data has segmented the global Poultry Acidifiers market based on type, nature, form, compound, livestock, and region:
Market Segmentation:
Type Outlook (Revenue, USD Million; 2018-2028)
- Propionic Acid
- Formic Acid
- Lactic Acid
- Citric Acid
- Malic Acid
- Sorbic Acid
- Others
Nature Outlook (Revenue, USD Million; 2018-2028)
- Organic Poultry Acidifiers
- Inorganic Poultry Acidifiers
Form Outlook (Revenue, USD Million; 2018-2028)
- Dry
- Liquid
Compound Outlook (Revenue, USD Million; 2018-2028)
- Blended Compound
- Single Compound
Livestock Outlook (Revenue, USD Million; 2018-2028)
- Poultry
- Swine
- Ruminants
- Aquaculture
- Pets
- Others
Regional Outlook (Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
Access report details @ https://www.reportsanddata.com/report-detail/feed-acidifiers-market
Reasons for Buying this Report:
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- PEST analysis of the market in the five major regions.
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
About Reports and Data:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
