This report describes the global market size of animal nutrition organic acids market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and it is expected to grow with a CAGR of 10.08% from 2023 to 2030.
The aliphatic structure of the organic acids found in animal nutrition, such as formic, propionic, lactic, acetic, sorbic, or citric acids, serves as a source of energy for the cells. Instead, benzoic acid has a different metabolism and absorption profile and is based on an aromatic ring. It is projected that the market will be driven by the expanding animal feed sector. One of the major global market-influencing factors is the increased use of organic acids in animal feed as a predominate replacement for conventional growth boosters. In the upcoming years, the Asia Pacific is expected to grow at the fastest rate due to the region's expanding manufacturing sector, which includes China, Japan, South Korea, and India. Another important aspect influencing demand for different organic acids in the area is the rise in demand for cattle farming as well as the need to control the growth of other species in the area.
Due to the COVID-19 pandemic and Russia-Ukraine war influence, the global market for animal nutrition organic acids Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 10.08% during the forecast period 2023-2030. North American market for animal nutrition organic acids Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report covers following regions:
Middle East and Africa
The key countries for each region are also included such as United States, China, Japan, India, Korea, Germany, France, UK, Italy, Spain, and Brazil etc.
For competitor segment, the report includes global key players of animal nutrition organic acids market as well as some small players. The information for each competitor includes:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
Mid-chain Fatty Acids
The market for organic acids used in animal nutrition was dominated by the lactic acid sector in terms of revenue, with a share of 49.5% in 2020. It has been demonstrated that mid-chain fatty acids (MCFAs) have antibacterial effects on both gram-positive and gram-negative bacteria as well as viruses. It has been shown that fumaric acid helps broilers grow by improving feed utilisation. It is widely known that this acid is useful as a feed additive in poultry diets to make up for decreased performance caused by the removal or reduction of antibiotics that promote growth.
The poultry industry dominated the market in terms of revenue in 2020, with the highest share of 36%. This substantial usage of organic acids with a weak base as a feed acidifier is responsible for the high share. Sorbic acid is one such organic acid utilised in the production of feed acidifiers. To stop the growth of germs and lengthen the shelf life of processed and fresh poultry products like chicken, turkeys, ducks, and geese, it uses salts like potassium sorbate, sodium sorbate, and many others in the production of poultry. Additionally, they aid in enhancing the sensory qualities of poultry products, such as sweetness, juicyness, and tenderness, and they aid in lowering the nitrosamine level (nitrosamine is carcinogenic).
By Delivery System
In 2020, the unprotected segment dominated the market and contributed for 64.5% of total revenue. This large proportion is due to its capacity to improve animal growth and digestibility by direct and high-level acid transfer, which has a good effect on animal health while reducing cross-contamination.
Yield / growth promoter
Antimicrobial capacity application led the market in terms of revenue and held a 34.0% share in 2020. The significant antibacterial and antioxidant properties of organic acids are responsible for this high percentage. Animals' health is improved by organic acids, especially fatty acids like butyric acid, which promote the formation of the gastrointestinal mucosa.
Middle East & Africa
In 2020, Asia Pacific dominated the market and accounted for 36.7% of total revenue. This domination can be ascribed to a number of things, including the rising consumption of meat and meat-related products in the world's two most populous economies India and China, which together account for 35% of the world's population. Due to the abundance of livestock in these nations, the demand for animal nutrition products is anticipated to increase over the forecast period. Due to their extensive farming industries, Vietnam and Thailand rank among the Asia Pacific region's most important markets for animal nutrition goods.
CRODA INTERNATIONAL PLC
EASTMAN CHEMICAL COMPANY
Other Key Players
Please ask for sample pages for full companies list
Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
Any special requirements about this report, please let us know and we can provide custom report.