South America Feed Acidifiers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.80 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Feed Acidifiers Market Analysis
South America feed acidifiers market is estimated to register a CAGR of 5.8% during the forecast period (2020 - 2025). Feed acidifiers improve digestion by controlling harmful bacteria in the gut. The growing animal production industry and the requirement of a healthy animal diet are the prime drivers of the market. Brazil and Argentina are the leading South American countries in terms of market value. The South America feed acidifiers market is highly consolidated with few players holding a major share in the market.
South America Feed Acidifiers Market Trends
This section covers the major market trends shaping the South America Feed Acidifiers Market according to our research experts:
Increasing Animal Production Drives the Market
Livestock is of key importance for South America and is a basic source of food for the food security of local populations. There fore increasing demand for meat domestically and globally caused an escalation in animal production boosting the feed acidifiers market. Brazil is the leading animal producer in the region, followed by Argentina. Chicken, beef, and pork are the main meats consumed in the country. Hence, the production of these animals outnumbered the other animals, and acidifiers are mainly used in these animals' diets.
Brazil Dominates the Market
As Brazil is the leading producer, consumer, and exporter of animals in the region, it accounts for the major share of the market. The total number of swine, cattle, and poultry produced in the country was 41.4 million, 213 million, and 1468 million, respectively in 2018. Increasing consumption of meat, export demand and government support are some of the major reasons for large animal production in Brazil. the feed acidifiers consumption is anticipated to increase in the coming years as animal production is accelerating in the country.
South America Feed Acidifiers Industry Overview
South America feed acidifiers market is highly consolidated with few players holding major share in the market. Kemin industries, pancosma, Perstorp Holding AB, Impextraco NV, and Lignotech feed are some of the top players in the region. These players are adopting strategies such as new product launches, mergings, and partnerships to increase their sales and brand image.
South America Feed Acidifiers Market Leaders
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Kemin Industries, Inc.
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pancosma
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Perstorp Holding AB
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Impextraco NV
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Lignotech feed
*Disclaimer: Major Players sorted in no particular order
South America Feed Acidifiers Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Lactic Acid
- 5.1.2 Propionic Acid
- 5.1.3 Fumaric Acid
- 5.1.4 Other Types
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5.2 Animal Type
- 5.2.1 Ruminant
- 5.2.2 Poultry
- 5.2.3 Swine
- 5.2.4 Aquaculture
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5.3 Geography
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Kemin Industries, Inc.
- 6.3.2 pancosma
- 6.3.3 Perstorp Holding AB
- 6.3.4 Impextraco NV
- 6.3.5 Lignotech feed
- 6.3.6 Biotecnicas Argentina SA
- 6.3.7 Cladan
- 6.3.8 Vetagro
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
South America Feed Acidifiers Industry Segmentation
Feed acidifiers promote health in animals by eliminating the harm full bacteria in their body. South America feed acidifiers market report presents an in-depth analysis of the feed acidifiers market in South American countries. It includes the driving factors of the market along with market size, competitive landscape, and future opportunities. The market is segmented by product type, animal type, and geography.
| Type | Lactic Acid |
| Propionic Acid | |
| Fumaric Acid | |
| Other Types | |
| Animal Type | Ruminant |
| Poultry | |
| Swine | |
| Aquaculture | |
| Geography | Brazil |
| Argentina | |
| Rest of South America |
South America Feed Acidifiers Market Research FAQs
What is the current South America Feed Acidifiers Market size?
The South America Feed Acidifiers Market is projected to register a CAGR of 5.80% during the forecast period (2024-2029)
Who are the key players in South America Feed Acidifiers Market?
Kemin Industries, Inc., pancosma, Perstorp Holding AB, Impextraco NV and Lignotech feed are the major companies operating in the South America Feed Acidifiers Market.
What years does this South America Feed Acidifiers Market cover?
The report covers the South America Feed Acidifiers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Feed Acidifiers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Feed Acidifiers Industry Report
Statistics for the 2024 South America Feed Acidifiers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Feed Acidifiers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
