Asia-Pacific Feed Acidifiers Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 0.81 Billion |
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Market Size (2029) | USD 1.06 Billion |
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Largest Share by Sub Additive | Propionic Acid |
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CAGR (2024 - 2029) | 5.50 % |
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Largest Share by Country | China |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Feed Acidifiers Market Analysis
The Asia-Pacific Feed Acidifiers Market size is estimated at 0.81 billion USD in 2024, and is expected to reach 1.06 billion USD by 2029, growing at a CAGR of 5.50% during the forecast period (2024-2029).
0.81 Billion
Market Size in 2024 (USD)
1.06 Billion
Market Size in 2029 (USD)
7.80 %
CAGR (2017-2023)
5.50 %
CAGR (2024-2029)
Largest Market by Sub-Additive
32.72 %
value share, Propionic Acid, 2023
Propionic acid is the largest segment as it is an alternative to antibiotics due to restrictions on the usage of feed antibiotics and rising demand for animal products.
Largest Market by Country
44.21 %
value share, China, 2023
China is the largest because of the increased livestock population. Feed production in the country is expected to increase by 7.7% during 2022-2029.
Fastest-growing Market by Sub-Additive
5.65 %
Projected CAGR, Fumaric Acid, 2024-2029
Fumaric acid is the fastest-growing segment because its consumption helps improve the immune system, gut health, and nutrient digestion. It is also used as a preservative in feed.
Fastest-growing Market by Country
6.32 %
Projected CAGR, Indonesia, 2024-2029
Indonesia is the fastest-growing country due to the growing demand for animal products, the Indonesian feed mill association's policies, and the livestock increase.
Leading Market Player
15.35 %
market share, DSM Nutritional Products AG, 2022
DSM Nutritional Products AG is the market leader as it has partnerships with regional players such as CPF and Nenter & Co. It also has a manufacturing center in China.
- The acidifiers segment of the Asia-Pacific feed additives market held a 7.0% market share in 2022. This group of additives is highly valued in animal nutrition as it improves feed performance and reduces the uptake of pathogenic organisms and toxic metabolites. Among the feed acidifiers, propionic acid held a significant market value of USD 238.0 million in 2022, which grew by 47.8% between 2017 and 2022 in the Asia-Pacific region due to its role in improving nutrient absorption and reducing pathogenic microbes.
- Poultry birds were the largest animal type segment in the region, with 49.9% of the market share value in the Asia-Pacific feed acidifiers market in 2022. This segment is projected to record a CAGR of 6.1% during the forecast period due to the higher usage of feed acidifiers in poultry birds, which promote growth, boost metabolism and feed intake, and provide resistance to harmful pathogens.
- Indonesia is expected to register the fastest growth rate of 6.5% during the forecast period, with respect to lactic acid, due to a 21.5% increase in feed production between 2017 and 2022. Lactic acid helps improve gastrointestinal tract health, digestibility, and nutrient utilization when added to compound feed.
- China held the largest market share of 44.2% with respect to the acidifiers market in 2022 due to the increased headcount of poultry by 1.6% in the country between 2017 and 2022.
- Based on the above-mentioned factors and the importance of feed acidifiers in animal nutrition, the Asia-Pacific feed acidifiers market is anticipated to record a CAGR of 5.5% during the forecast period.
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- The Asia-Pacific witnessed significant growth in the feed acidifiers market, with China, India, and Japan being the top countries in terms of market share. In 2022, these countries collectively accounted for 59.3% of the market share in the region. China, particularly, had a market value of USD 321.8 million in 2022, which is expected to reach USD 468.1 million in 2029. The country's high share can be attributed to its large livestock population, with China accounting for 39.7% of the Asia-Pacific's poultry population in 2022.
- Poultry birds were the largest animal types in the Asia-Pacific feed acidifiers market, with a 50% market share in 2022, followed by swine and ruminants at 31% and 9.7%, respectively. The higher market share for poultry birds and swine was due to their higher commercial cultivation and demand for meat and eggs in the food industry. Poultry birds are anticipated to witness the fastest growth during the forecast period. Layers, shrimp, and fish are growing at a faster pace, anticipated to register a CAGR of 6.6%, 6.4%, and 6.2%, respectively, during the forecast period.
- Propionic and fumaric acid were the most consumed feed acidifier types in the region, with 32.7% and 26.8% market share, respectively. This was associated with their higher penetration rates and higher utilization of feed for poultry and aquaculture species.
- During the forecast period, Japan and Indonesia are expected to be the fastest-growing segments in the Asia-Pacific feed acidifiers market, with a CAGR of 6.3% each, due to increased feed production in both countries. The Asia-Pacific feed acidifiers market is expected to grow at a CAGR of 5.5% during the forecast period, driven by an increase in the usage of acidifiers.
Asia-Pacific Feed Acidifiers Market Trends
The growing disposable income in developing countries of Asia-Pacific and government support schemes for poultry industry, and China is largest producer of eggs are helping in growth of poultry population in the region
- Asia-Pacific dominated the global agricultural sector, with poultry being the largest segment, accounting for 42.4% of global poultry production in 2022. Poultry consumption is driven by a rise in popularity, rapid urbanization, and growing disposable incomes in developing countries such as India and Vietnam, which recorded a 37.3% increase in poultry population in 2021 compared to 2017.
- In 2021, China, Indonesia, and India held a significant share of the poultry market in the region, with a market share of 39.7%, 25.3%, and 5.7%, respectively. This growth in demand for poultry products can be attributed to the increased demand for eggs and meat and government schemes that support the poultry industry. For instance, the Department of Animal Husbandry & Dairy in India is introducing capital fund schemes to support poultry businesses, educating farmers on improving their yield quality, which is expected to boost the market's growth.
- China is the largest producer of eggs in the world, with consumption and production accounting for over 40% of global production. With over 900 million stock-laying hens and the country's largest layer poultry farming center hatching 60 million chicks per year, the country's layer farming recorded significant growth.
- Broiler production in the region is rapidly growing due to the increased consumer demand for chicken meat. The Philippines, for instance, recorded a 2.2% increase in chicken meat production in 2021 compared to 2017. The region's poultry production is expected to increase, driven by a shift in consumer preferences toward poultry meat and the rapid development of the poultry industry, which in turn may boost the demand for feed additives.
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Improvement in fish farming technologies, expansion in number of feed mills and Indian government initiatives are helping in increasing the aquaculture feed production
- Asia-Pacific is a major player in the global aquaculture feed production market, with fish and shrimp being the primary products. In 2021, the region produced 37.6 million metric tons of aquaculture feed, which accounted for 8.7% of the region's total feed production. Several countries in the region are focusing on expanding their aquaculture production and intensification through technological advancements and increased use of feed to meet the growing demand.
- For instance, India increased its budget allocation to the Department of Fisheries to boost production. Fish holds a significant share of aquaculture feed, accounting for 31.1 million metric tons in 2022, an increase from 66% compared to 2017 due to the conversion of agricultural land to aquaculture ponds, the improvement of fish farming technologies, and the intensification of production.
- Shrimp feed production accounted for 4.2% of the aquafeed production in the region in 2022, and it is expected to increase rapidly during the forecast period as some countries in the region started implementing a self-sufficient aquaculture system through a number of government initiatives to increase the production of certified sustainable seafood.
- China dominates the aquafeed market in Asia-Pacific, accounting for 51.2% of the market share in 2022 due to an increase in the number of feed mills with higher capacities. For instance, AB Agri opened its ninth feed mill in China, a plant with an annual capacity of 240,000 tons. Factors such as an increase in aquaculture production, expansion of aqua farming, and rise in consumption of feed are expected to drive the growth of aquafeed production in the region during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- China has the largest sheep and goats in the region and Asia-Pacific region's ruminants population is growing owing to high profit margins in beef business and surge in demand for milk products
- The high demand for broiler feed, increase in Indonesia's poultry bird population and recovery from avian influenza are increasing the demand for poultry feed production
- Increase in large scale farms in China by 16,000, and introduction of new animal-rearing practices are increasing the swine feed production in the region
- Asia-Pacific is the leading producer of pork meat and changes in food consumption pattern of people with high consumption in South Korea and China are the factors driving the increase in the swine population
- High number of dairy cattle producers, demand for increasing milk yield and government schemes are increasing the demand for nutrient rich ruminant feed
Asia-Pacific Feed Acidifiers Industry Overview
The Asia-Pacific Feed Acidifiers Market is moderately consolidated, with the top five companies occupying 40.22%. The major players in this market are Adisseo, BASF SE, Cargill Inc., DSM Nutritional Products AG and SHV (Nutreco NV) (sorted alphabetically).
Asia-Pacific Feed Acidifiers Market Leaders
Adisseo
BASF SE
Cargill Inc.
DSM Nutritional Products AG
SHV (Nutreco NV)
Other important companies include Brenntag SE, EW Nutrition, Kemin Industries, MIAVIT Stefan Niemeyer GmbH, Yara International ASA.
*Disclaimer: Major Players sorted in alphabetical order.
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Asia-Pacific Feed Acidifiers Market News
- January 2022: DSM and CPF have agreed on a Memorandum of Understanding to enhance animal protein production by applying DSM's Intelligent Sustainability Service (Sustell).
- December 2021: Nutreco partnered with the tech start-up Stellapps. This will give accessibility for the company to sell feed products, premixes, and feed additives to three million smallholder farmers using Stellapps’ technology.
- December 2020: The acquisition of Erber Group’s Biomin further strengthens DSM's product portfolio by expanding its product offerings. The enterprise value of the combined company is about USD 1,046.1 million.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 35+ free charts, the section covers difficult-to-find data of various regions on feed production through various animal categories such as Ruminants, Poultry, Swine, and Aquaculture.
Asia-Pacific Feed Acidifiers Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 Animal Headcount
- 4.1.1 Poultry
- 4.1.2 Ruminants
- 4.1.3 Swine
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4.2 Feed Production
- 4.2.1 Aquaculture
- 4.2.2 Poultry
- 4.2.3 Ruminants
- 4.2.4 Swine
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4.3 Regulatory Framework
- 4.3.1 Australia
- 4.3.2 China
- 4.3.3 India
- 4.3.4 Indonesia
- 4.3.5 Japan
- 4.3.6 Philippines
- 4.3.7 South Korea
- 4.3.8 Thailand
- 4.3.9 Vietnam
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Sub Additive
- 5.1.1 Fumaric Acid
- 5.1.2 Lactic Acid
- 5.1.3 Propionic Acid
- 5.1.4 Other Acidifiers
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5.2 Animal
- 5.2.1 Aquaculture
- 5.2.1.1 By Sub Animal
- 5.2.1.1.1 Fish
- 5.2.1.1.2 Shrimp
- 5.2.1.1.3 Other Aquaculture Species
- 5.2.2 Poultry
- 5.2.2.1 By Sub Animal
- 5.2.2.1.1 Broiler
- 5.2.2.1.2 Layer
- 5.2.2.1.3 Other Poultry Birds
- 5.2.3 Ruminants
- 5.2.3.1 By Sub Animal
- 5.2.3.1.1 Beef Cattle
- 5.2.3.1.2 Dairy Cattle
- 5.2.3.1.3 Other Ruminants
- 5.2.4 Swine
- 5.2.5 Other Animals
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5.3 Country
- 5.3.1 Australia
- 5.3.2 China
- 5.3.3 India
- 5.3.4 Indonesia
- 5.3.5 Japan
- 5.3.6 Philippines
- 5.3.7 South Korea
- 5.3.8 Thailand
- 5.3.9 Vietnam
- 5.3.10 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Adisseo
- 6.4.2 BASF SE
- 6.4.3 Brenntag SE
- 6.4.4 Cargill Inc.
- 6.4.5 DSM Nutritional Products AG
- 6.4.6 EW Nutrition
- 6.4.7 Kemin Industries
- 6.4.8 MIAVIT Stefan Niemeyer GmbH
- 6.4.9 SHV (Nutreco NV)
- 6.4.10 Yara International ASA
7. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Global Market Size and DROs
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF POULTRY, NUMBER, ASIA-PACIFIC, 2017-2022
- Figure 2:
- POPULATION OF RUMINANTS, NUMBER, ASIA-PACIFIC, 2017-2022
- Figure 3:
- POPULATION OF SWINE, NUMBER, ASIA-PACIFIC, 2017-2022
- Figure 4:
- PRODUCTION VOLUME OF AQUACULTURE FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 5:
- PRODUCTION VOLUME OF POULTRY FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 6:
- PRODUCTION VOLUME OF RUMINANTS FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 7:
- PRODUCTION VOLUME OF SWINE FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 8:
- VOLUME OF FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 9:
- VALUE OF FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 10:
- VOLUME OF FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 11:
- VALUE OF FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 12:
- VOLUME SHARE OF FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 13:
- VALUE SHARE OF FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 14:
- VOLUME OF FUMARIC ACID FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 15:
- VALUE OF FUMARIC ACID FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 16:
- VALUE SHARE OF FUMARIC ACID FEED ACIDIFIERS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 17:
- VOLUME OF LACTIC ACID FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 18:
- VALUE OF LACTIC ACID FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 19:
- VALUE SHARE OF LACTIC ACID FEED ACIDIFIERS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 20:
- VOLUME OF PROPIONIC ACID FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 21:
- VALUE OF PROPIONIC ACID FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 22:
- VALUE SHARE OF PROPIONIC ACID FEED ACIDIFIERS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 23:
- VOLUME OF OTHER ACIDIFIERS FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 24:
- VALUE OF OTHER ACIDIFIERS FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 25:
- VALUE SHARE OF OTHER ACIDIFIERS FEED ACIDIFIERS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 26:
- VOLUME OF FEED ACIDIFIERS BY ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 27:
- VALUE OF FEED ACIDIFIERS BY ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 28:
- VOLUME SHARE OF FEED ACIDIFIERS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 29:
- VALUE SHARE OF FEED ACIDIFIERS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 30:
- VOLUME OF AQUACULTURE FEED ACIDIFIERS BY SUB ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 31:
- VALUE OF AQUACULTURE FEED ACIDIFIERS BY SUB ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 32:
- VOLUME SHARE OF AQUACULTURE FEED ACIDIFIERS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 33:
- VALUE SHARE OF AQUACULTURE FEED ACIDIFIERS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 34:
- VOLUME OF FISH FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 35:
- VALUE OF FISH FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 36:
- VALUE SHARE OF FISH FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 37:
- VOLUME OF SHRIMP FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 38:
- VALUE OF SHRIMP FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 39:
- VALUE SHARE OF SHRIMP FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 40:
- VOLUME OF OTHER AQUACULTURE SPECIES FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 41:
- VALUE OF OTHER AQUACULTURE SPECIES FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 42:
- VALUE SHARE OF OTHER AQUACULTURE SPECIES FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 43:
- VOLUME OF POULTRY FEED ACIDIFIERS BY SUB ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 44:
- VALUE OF POULTRY FEED ACIDIFIERS BY SUB ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 45:
- VOLUME SHARE OF POULTRY FEED ACIDIFIERS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 46:
- VALUE SHARE OF POULTRY FEED ACIDIFIERS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 47:
- VOLUME OF BROILER FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 48:
- VALUE OF BROILER FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 49:
- VALUE SHARE OF BROILER FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 50:
- VOLUME OF LAYER FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 51:
- VALUE OF LAYER FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 52:
- VALUE SHARE OF LAYER FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 53:
- VOLUME OF OTHER POULTRY BIRDS FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 54:
- VALUE OF OTHER POULTRY BIRDS FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 55:
- VALUE SHARE OF OTHER POULTRY BIRDS FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 56:
- VOLUME OF RUMINANTS FEED ACIDIFIERS BY SUB ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 57:
- VALUE OF RUMINANTS FEED ACIDIFIERS BY SUB ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 58:
- VOLUME SHARE OF RUMINANTS FEED ACIDIFIERS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 59:
- VALUE SHARE OF RUMINANTS FEED ACIDIFIERS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 60:
- VOLUME OF BEEF CATTLE FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 61:
- VALUE OF BEEF CATTLE FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 62:
- VALUE SHARE OF BEEF CATTLE FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 63:
- VOLUME OF DAIRY CATTLE FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 64:
- VALUE OF DAIRY CATTLE FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 65:
- VALUE SHARE OF DAIRY CATTLE FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 66:
- VOLUME OF OTHER RUMINANTS FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 67:
- VALUE OF OTHER RUMINANTS FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 68:
- VALUE SHARE OF OTHER RUMINANTS FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 69:
- VOLUME OF SWINE FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 70:
- VALUE OF SWINE FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 71:
- VALUE SHARE OF SWINE FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 72:
- VOLUME OF OTHER ANIMALS FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 73:
- VALUE OF OTHER ANIMALS FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 74:
- VALUE SHARE OF OTHER ANIMALS FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 75:
- VOLUME OF FEED ACIDIFIERS BY COUNTRY, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 76:
- VALUE OF FEED ACIDIFIERS BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 77:
- VOLUME SHARE OF FEED ACIDIFIERS BY COUNTRY, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 78:
- VALUE SHARE OF FEED ACIDIFIERS BY COUNTRY, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 79:
- VOLUME OF AUSTRALIA FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 80:
- VALUE OF AUSTRALIA FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 81:
- VALUE SHARE OF AUSTRALIA FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 82:
- VOLUME OF CHINA FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 83:
- VALUE OF CHINA FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 84:
- VALUE SHARE OF CHINA FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 85:
- VOLUME OF INDIA FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 86:
- VALUE OF INDIA FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 87:
- VALUE SHARE OF INDIA FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 88:
- VOLUME OF INDONESIA FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 89:
- VALUE OF INDONESIA FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 90:
- VALUE SHARE OF INDONESIA FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 91:
- VOLUME OF JAPAN FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 92:
- VALUE OF JAPAN FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 93:
- VALUE SHARE OF JAPAN FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 94:
- VOLUME OF PHILIPPINES FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 95:
- VALUE OF PHILIPPINES FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 96:
- VALUE SHARE OF PHILIPPINES FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 97:
- VOLUME OF SOUTH KOREA FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 98:
- VALUE OF SOUTH KOREA FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 99:
- VALUE SHARE OF SOUTH KOREA FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 100:
- VOLUME OF THAILAND FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 101:
- VALUE OF THAILAND FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 102:
- VALUE SHARE OF THAILAND FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 103:
- VOLUME OF VIETNAM FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 104:
- VALUE OF VIETNAM FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 105:
- VALUE SHARE OF VIETNAM FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 106:
- VOLUME OF REST OF ASIA-PACIFIC FEED ACIDIFIERS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 107:
- VALUE OF REST OF ASIA-PACIFIC FEED ACIDIFIERS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 108:
- VALUE SHARE OF REST OF ASIA-PACIFIC FEED ACIDIFIERS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 109:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA-PACIFIC, 2017 - 2023
- Figure 110:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2017 - 2023
- Figure 111:
- VALUE SHARE OF MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
Asia-Pacific Feed Acidifiers Industry Segmentation
Fumaric Acid, Lactic Acid, Propionic Acid are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam are covered as segments by Country.
- The acidifiers segment of the Asia-Pacific feed additives market held a 7.0% market share in 2022. This group of additives is highly valued in animal nutrition as it improves feed performance and reduces the uptake of pathogenic organisms and toxic metabolites. Among the feed acidifiers, propionic acid held a significant market value of USD 238.0 million in 2022, which grew by 47.8% between 2017 and 2022 in the Asia-Pacific region due to its role in improving nutrient absorption and reducing pathogenic microbes.
- Poultry birds were the largest animal type segment in the region, with 49.9% of the market share value in the Asia-Pacific feed acidifiers market in 2022. This segment is projected to record a CAGR of 6.1% during the forecast period due to the higher usage of feed acidifiers in poultry birds, which promote growth, boost metabolism and feed intake, and provide resistance to harmful pathogens.
- Indonesia is expected to register the fastest growth rate of 6.5% during the forecast period, with respect to lactic acid, due to a 21.5% increase in feed production between 2017 and 2022. Lactic acid helps improve gastrointestinal tract health, digestibility, and nutrient utilization when added to compound feed.
- China held the largest market share of 44.2% with respect to the acidifiers market in 2022 due to the increased headcount of poultry by 1.6% in the country between 2017 and 2022.
- Based on the above-mentioned factors and the importance of feed acidifiers in animal nutrition, the Asia-Pacific feed acidifiers market is anticipated to record a CAGR of 5.5% during the forecast period.
| Sub Additive | Fumaric Acid | ||
| Lactic Acid | |||
| Propionic Acid | |||
| Other Acidifiers | |||
| Animal | Aquaculture | By Sub Animal | Fish |
| Shrimp | |||
| Other Aquaculture Species | |||
| Animal | Poultry | By Sub Animal | Broiler |
| Layer | |||
| Other Poultry Birds | |||
| Animal | Ruminants | By Sub Animal | Beef Cattle |
| Dairy Cattle | |||
| Other Ruminants | |||
| Animal | Swine | ||
| Other Animals | |||
| Country | Australia | ||
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Philippines | |||
| South Korea | |||
| Thailand | |||
| Vietnam | |||
| Rest of Asia-Pacific |
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Market Definition
- FUNCTIONS - For the study, feed additives are considered to be commercially manufactured products that are used to enhance characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
- RESELLERS - Companies engaged in reselling feed additives without value addition have been excluded from the market scope, to avoid double counting.
- END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
- INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
| Keyword | Definition |
|---|---|
| Feed additives | Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health. |
| Probiotics | Probiotics are microorganisms introduced into the body for their beneficial qualities. (It maintains or restores beneficial bacteria to the gut). |
| Antibiotics | Antibiotic is a drug that is specifically used to inhibit the growth of bacteria. |
| Prebiotics | A non-digestible food ingredient that promotes the growth of beneficial microorganisms in the intestines. |
| Antioxidants | Antioxidants are compounds that inhibit oxidation, a chemical reaction that produces free radicals. |
| Phytogenics | Phytogenics are a group of natural and non-antibiotic growth promoters derived from herbs, spices, essential oils, and oleoresins. |
| Vitamins | Vitamins are organic compounds, which are required for normal growth and maintenance of the body. |
| Metabolism | A chemical process that occurs within a living organism in order to maintain life. |
| Amino acids | Amino acids are the building blocks of proteins and play an important role in metabolic pathways. |
| Enzymes | Enzyme is a substance that acts as a catalyst to bring about a specific biochemical reaction. |
| Anti-microbial resistance | The ability of a microorganism to resist the effects of an antimicrobial agent. |
| Anti-microbial | Destroying or inhibiting the growth of microorganisms. |
| Osmotic balance | It is a process of maintaining salt and water balance across membranes within the body's fluids. |
| Bacteriocin | Bacteriocins are the toxins produced by bacteria to inhibit the growth of similar or closely related bacterial strains. |
| Biohydrogenation | It is a process that occurs in the rumen of an animal in which bacteria convert unsaturated fatty acids (USFA) to saturated fatty acids (SFA). |
| Oxidative rancidity | It is a reaction of fatty acids with oxygen, which generally causes unpleasant odors in animals. To prevent these, antioxidants were added. |
| Mycotoxicosis | Any condition or disease caused by fungal toxins, mainly due to contamination of animal feed with mycotoxins. |
| Mycotoxins | Mycotoxins are toxin compounds that are naturally produced by certain types of molds (fungi). |
| Feed Probiotics | Microbial feed supplements positively affect gastrointestinal microbial balance. |
| Probiotic yeast | Feed yeast (single-cell fungi) and other fungi used as probiotics. |
| Feed enzymes | They are used to supplement digestive enzymes in an animal’s stomach to break down food. Enzymes also ensure that meat and egg production is improved. |
| Mycotoxin detoxifiers | They are used to prevent fungal growth and to stop any harmful mold from being absorbed in the gut and blood. |
| Feed antibiotics | They are used both for the prevention and treatment of diseases but also for rapid growth and development. |
| Feed antioxidants | They are used to protect the deterioration of other feed nutrients in the feed such as fats, vitamins, pigments, and flavoring agents, thus providing nutrient security to the animals. |
| Feed phytogenics | Phytogenics are natural substances, added to livestock feed to promote growth, aid in digestion, and act as anti-microbial agents. |
| Feed vitamins | They are used to maintain the normal physiological function and normal growth and development of animals. |
| Feed flavors and sweetners | These flavors and sweeteners help to mask tastes and odors during changes in additives or medications and make them ideal for animal diets undergoing transition. |
| Feed acidifiers | Animal feed acidifiers are organic acids incorporated into the feed for nutritional or preservative purposes. Acidifiers enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. |
| Feed minerals | Feed minerals play an important role in the regular dietary requirements of animal feed. |
| Feed binders | Feed binders are the binding agents used in the manufacture of safe animal feed products. It enhances the taste of food and prolongs the storage period of the feed. |
| Key Terms | Abbreviation |
| LSDV | Lumpy Skin Disease Virus |
| ASF | African Swine Fever |
| GPA | Growth Promoter Antibiotics |
| NSP | Non-Starch Polysaccharides |
| PUFA | Polyunsaturated Fatty Acid |
| Afs | Aflatoxins |
| AGP | Antibiotic Growth Promoters |
| FAO | The Food And Agriculture Organization of the United Nations |
| USDA | The United States Department of Agriculture |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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