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Report explores the Middle East and Africa feed acidifiers market

Industrial Market Research

Middle East and Africa Feed Acidifiers Market was worth USD 152.56 million in 2016 and estimated to be growing at a CAGR of 3.73%, to reach USD 183.27 million by 2021.

Feed Acidifiers are organic acids that mixed in the feed for the nutritious or additive purposes. These helps in the control of microbial development, maintaining buffer limit, prevention of pathogenic microscopic organisms.

Additionally, they also enhance the nutrient digestibility. However, factors like increasing demand for nutritive feed, management of feed operating cost, increasing number of livestock are driving the market in this region.

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Increasing demand for protein rich food like dairy and meat, increasing importance for animal health, rising awareness about the feed quality, ban on the antibiotic growth promoters by the European Union are the drivers of the market. Artificial substitutes, growth inducing hormones, increasing new entrants are the factors restraining the growth of the market.

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The Feed Acidifiers Market is segmented on the basis of Type into Propionic Acid, Fumaric Acid, Lactic Acid, Acetic Acid, Formic Acid, Butyric Acid and Others. On the basis of Livestock, the market is further segmented into Poultry, Swine, Cattle, Aquatics, and Others.

On the basis of Form, the market is segmented into Acidifiers blends and single component Acidifiers. On the basis of geography, the Middle East and Africa market is analyzed under various regions namely Middle East and Africa.

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Some of the major players operating in the Middle East and Africa Feed acidifiers market include Kemira OYJ, Yara international, Kemin Industries, BASF SE, Biomin holding GmbH, Impextraco, Novus International, ADDCON GmbH and Perstorp AB.

 

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