According to a recent report by Reports and Data, the global market size for  Poultry Feed Acidifiers market was USD 3,089.89 Million in 2021, with a projected revenue Compound Annual Growth Rate (CAGR) of 4.3% over the forecast period. Factors such as urbanization, increasing consumer spending, and a rise in demand for livestock products are expected to drive market revenue growth. Additionally, ongoing Research and Development (R&D) investments and government funding are anticipated to propel market growth. Feed acidifiers, which can be used individually or in combination with other acidifiers, are microorganisms that produce beneficial bacteria, thereby balancing the number of pathogenic bacteria in the gut.

The market's revenue growth is influenced by several factors, including increasing consumer awareness and preference for high-quality products, concerns regarding livestock health, an increase in the prevalence of various livestock diseases, bans on certain antibiotics, the phasing out of certain additives by the European Union (EU), and an increase in global government initiatives and investments.

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The report highlights that the propionic acid segment dominated the global feed acidifiers market in 2020 due to its safety as an organic acidifier. The report also notes that the Asia Pacific region is expected to have the fastest CAGR during the forecast period. The demand for meat is increasing in countries such as China, India, and Thailand due to rapid economic growth, resulting in increased consumption of feed additives such as acidifiers.

The report provides information on several companies in the market, including 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.

The market report is segmented into different categories, including type outlook, nature outlook, form outlook, compound outlook, livestock outlook, and regional outlook. Each segment provides information on the revenue generated, and the report covers various regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Feed Acidifiers Market:  notable innovation

In terms of notable innovation, ongoing research and development (R&D) investments and rising government funding from different nations around the world are driving the development of new feed acidifiers. These acidifiers, which are made up of different organic acids and essential oils, are used either individually or in combination with two or more other acidifiers to produce high-quality output. Additionally, companies in the feed acidifiers market are continually developing and introducing new products to meet the increasing demand for high-quality, safe, and effective feed additives. For example, at the World Pork Expo in 2016, BASF SE and Balchem Corporation introduced a new formic acid product called Amasil that was approved for use by swine producers. Furthermore, Kemin Industries has made efforts to become more active in the market by expanding its range of services and purchasing Agri-Marketing Corp. in 2018.

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