What is the global market size of Feed Organic Acids Market?

Feed Organic Acids Market size was valued at USD 10.99 billion in 2021 and is poised to grow from USD 11.64 billion in 2022 to USD 18.29 billion by 2030, growing at a CAGR of 5.8% in the forecast period (2023-2030).

Who are the key vendors in the Global Feed Organic Acids Market?

The feed organic acids market is relatively fragmented, with a high level of competition. Few large players, like ABB Ltd, Honeywell, and Kiva Systems, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'BASF SE ', 'Novus International, Inc.', 'Corbion N.V.', 'Perstorp Holding AB', 'Yara International ASA', 'Kemin Industries, Inc.', 'Kemira Oyj', 'Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH', 'Biomin Holding GmbH', 'Chr. Hansen Holding A/S', 'Evonik Industries AG', 'FMC Corporation', 'Lallemand Inc.', 'Norel Animal Nutrition', 'Pancosma S.A.', 'Provimi Holding B.V.Royal DSM N.V.', 'Selko Feed Additives B.V.', 'Vantage Specialty Ingredients, Inc.', 'Vetagro S.p.A.'.

Feed Organic Acids Market Size

SkyQuest Technology's Feed organic acids market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Feed Organic Acids Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Feed Organic Acids Market Insights

Global Feed Organic Acids Market size was valued at USD 11.64 billion in 2023 and is poised to grow from USD 12.32 billion in 2024 to USD 19.33 billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).

Eliminating the use of antibiotics in animal feed impacts negatively the animals' lives due to an increase in dysbacteriosis and other disorders. Furthermore, disease-related mortality contributes to 10% to 20% of developed countries' production costs. Several feed additives, including prebiotics, probiotics, acidic compounds, competitive exclusion products, herbs, essential oils, and bacteriophages, are currently being presented as viable alternatives to antibiotics in animal feed. However, organic acid-based compounds have the potential to serve as antibiotic substitutes. Improved feed performance has been connected to the use of organic acids, which have been proven to impact the composition of the microbiome by altering the pH of the gastrointestinal tract. During the projected period, these factors are anticipated to boost the market for feed organic acids.

US Feed Organic Acids Market is poised to grow at a sustainable CAGR for the next forecast year.

Feed Organic Acids Market Report Snapshots

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FAQs

The feed organic acids market is relatively fragmented, with a high level of competition. Few large players, like ABB Ltd, Honeywell, and Kiva Systems, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'BASF SE (Germany) ', 'Yara International ASA (Norway) ', 'Eastman Chemical Company (USA) ', 'Royal DSM N.V. (Netherlands) ', 'Corbion N.V. (Netherlands) ', 'Perstorp Holding AB (Sweden) ', 'Kemin Industries, Inc. (USA) ', 'Novus International, Inc. (USA) ', 'Kemira Oyj (Finland) ', 'Biomin Holding GmbH (Austria) ', 'Chr. Hansen Holding A/S (Denmark) ', 'Evonik Industries AG (Germany) ', 'FMC Corporation (USA) ', 'Lallemand Inc. (Canada) ', 'Norel Animal Nutrition (Spain) ', 'Pancosma S.A. (Switzerland) ', 'Provimi Holding B.V. (Netherlands) ', 'Tate & Lyle PLC (UK) ', 'The Archer-Daniels-Midland Company (USA) ', 'Cargill, Incorporated (USA)'

Growing demand for antibiotic-free animal feed is at an all-time high as increasing consumption of animal-derived food is increasing globally and is predicted to do so in the future. Traces of antibiotics in the animal byproducts and their negative effect on human health are alarming reasons to eliminate the use of antibiotics in animal feed. These could be replaced by feed organic acid which provides the same benefits and with its antimicrobial properties, it also prevents the grains from damaging during storage which increases the self-life of the feed driving the demand for the feed organic acid.

Growing demand for the use of organic feed to develop organic meat and milk is the major reason for increasing demand for the feed organic acid market. Awareness regarding the harmful effects of antibiotics and other conventional additives encourages farmers to go for organic substitutes and these are environment friendly and also do not harm consumer health along with animal health which produces healthy byproducts. These are the major trend witnessed in today’s market and is expected to grow during the analysis period.

Asia-Pacific held the highest share of the worldwide feed organic acid market in 2021 and is anticipated to maintain its dominance during the forecast period. The rising demand for antibiotic-free meat and other dairy products in developing nations such as China, India, and Japan are the primary factor driving the need for conventional feed alternatives containing antibiotics and the expansion of the feed organic acid market. Changing government laws regulating the use of antibiotics are becoming more stringent, which will lower the use of antibiotics in feed and raise the usage of feed organic acid as a significant feed additive, propelling the market throughout the projection period.

Feed Organic Acids Market Size

Feed Organic Acids Market Insights

Feed Organic Acids Market Report Snapshots

FAQs

What is the global market size of Feed Organic Acids Market?

Who are the key vendors in the Feed Organic Acids Market?

What is the key driver of Feed Organic Acids Market?

What is the key market trend for Feed Organic Acids Market?

Which region accounted for the largest share in Feed Organic Acids Market?

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