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Animal feed acidifier market is expected to grow at a CAGR of 4.90% in the forecast period 2021 to 2028. Increasing consumption of meat and dairy products is the major factor driving the growth of animal feed acidifier market in the forecast period of 2021-2028.
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Market Analysis and Insights : Global Animal Feed Acidifier Market
Feed acidifiers are the type of additives that are used to improve the nutrients, increase the chances of prevention of diseases and help in the digestion of feed. These additives lower the pH of the feed, thereby decreasing the growth of any external microorganisms in the feed.
Rising government aids or funds promoting the wellness of the feed industry is the vital factor escalating the market growth, also increased threat of diseases in livestock, increasing ban of antibiotics in the European union (EU), increasing discontinuation of some of the other feed additives, rising awareness and increased preference in quality and concerns about the health of livestock and increasing presence of government aid and their increased funding to the industry are the major factors among others driving the growth of animal feed acidifier market. Moreover, rising encapsulation techniques being used for feed acidifiers and rising modernization in the production techniques will further create new opportunities for animal feed acidifier market in the forecast period of 2021- 2028.
Global Animal Feed Acidifier Market Scope and Market Size
Animal feed acidifier market is segmented on the basis of type, form, compound and livestock. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
· Based on type, the animal feed acidifier market is segmented into propionic acid, formic acid, lactic acid, citric acid, sorbic acid, malic acid and others. Others have been further segmented into fumaric acid, tartaric acid, butyric acid, acetic acid and benzoic acid. The propionic acid segment is the leading segment and will the feed acidifiers market during the forecast period mentioned above.
· On the basis of form, the animal feed acidifier market is segmented into dry and liquid. Dry is the leading segment and will dominate the feed acidifiers market during the forecast period mentioned above.
· Based on compound, the animal feed acidifier market is segmented into blended and single.
· Based on livestock, the animal feed acidifier market is segmented into poultry, swine, ruminants, aquaculture and others. Others have been further segmented into equine and pets. The poultry segment is the leading segment and will the feed acidifiers market during the forecast period mentioned above.
Animal Feed Acidifier Market Country Level Analysis
The countries covered in animal feed acidifier market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Animal Feed Acidifier Market Share Analysis
Animal feed acidifier market report competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to animal feed acidifier market report.
Leading Players
The major players covered in the animal feed acidifier market report are BASF SE, Yara, Kemin Industries Inc., Kemira, Biomin, Impextraco NV, pancosma, NUTREX.BE, Perstorp Orgnr, NOVUS INTERNATIONAL, Jefo, Anpario plc., Corbion, ADDCON GROUP GmbH, Peterlabs Holdings Berhad, Growel Agrovet Private Limited, ALTRON BIOTEC, Vetgen Healthcare Private Limited, V Sthiraa Bioscience., Orchem Products and Anfotal Nutritions Private Limited. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: animal feed acidifier market
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