The factors that are favouring the market are
industrialization of livestock industry and changing demographics in
Asia-Pacific and South America, the global feed acidifiers market is expected
to grow at a compound annual growth rate (CAGR) of 6.4% and reach US$4.61
billion by 2022 from $2.8 billion in 2014.
However, regulatory framework, Price volatility of
Agro-commodities, new entrants into the market are the challenges faced by the
market. The increasing use of feed acidifiers to treat animal diseases creates
opportunities for the market. Whereas, factors such as substitute products like
micro flora enhancers and herbal product are restraining the market growth.
Feed Acidifiers Market is segmented by type, by
product, by stock and by geography. Based on type, market is further segmented
into Formic acid, Fumaric acid, Lactic acid and Propionic acid. Based on
product, market is categorized as Carotenoids, Enzymes, Herbal products,
Microflora enhancers and Probiotics. Based on stock, market is classified as
Aquatic animals, Cattle, Poultry and Swine. By geography, the market is
segmented into North America, Europe, Asia-Pacific and Rest of the World.
Significant mergers and acquisitions, collaborations, and joint ventures are
the industry trends that are playing a major role for the market growth.
The key players in the Feed Acidifiers Market include
Addcon Group GmbH, Biomin GmbH, Impextraco, Jefo Nutrition Inc., Kemin
Industries, Inc., Novus International, Perstorp Holding Ab, Taminco NV, Selko
Feed Additives and Yara International ASA.
For more information visit: http://www.marketresearchreports.com/stratistics-mrc/global-feed-acidifiers-market-outlook-2014-2022
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