Animal Nutrition Organic Acids Market Is Projected To Grow Robustly By 2028

Comments · 662 Views

The global animal nutrition organic acids market size was estimated at USD 113.3 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028.

Animal Nutrition Organic Acids Industry Overview

The global animal nutrition organic acids market size is expected to reach USD 187.1 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% from 2021 to 2028. Growing demand for technological innovations and convenient food options produced from cost-effective renewable sources are considered key factors influencing industry growth. Increased utilization of organic acids in animal feed as a predominant substitute to traditional growth promoters is yet another key factor influencing market development across industries of various key geographies worldwide.

Animal Nutrition Organic Acids Market Segmentation

Grand View Research has segmented the animal nutrition organic acids market on the basis of product, species, delivery system, application, and region:

Based on the Product Insights, the market is segmented into Benzoic Acid, Butyric Acid, Sorbic Acid, Fumaric Acid, Malic Acid, Lactic Acid, Myristic Acid, Mid-chain Fatty Acids.

  • In terms of revenue, the lactic acid segment dominated the market for animal nutrition organic acids and accounted for the largest share of 49.0% in 2020. This high share is attributable to the high utilization of the product in dietary and drinking water acidification.
  • Mid-chain Fatty Acids (MCFAs) have been shown to have antimicrobial properties against viruses and gram-positive and gram-negative bacteria. These acids are used as an energy source in various diets, including animals as well as humans.
  • Fumaric acid has been demonstrated to be effective in feed utilization and promoting growth in broilers. This acid is well known to be valuable as a feed additive in poultry diets to overcome reduced performance related to the elimination or reduction of growth-promoting antibiotics in poultry diets.

Based on the Species Insights, the market is segmented into Poultry, Swine, Ruminants, Aqua, Others.

  • In terms of revenue, the poultry segment dominated the market and accounted for the largest share of 36.3% in 2020. This high share is attributable to the high use of organic acids with a weak base as a feed acidifier.
  • One such organic acid used in manufacturing feed acidifiers is sorbic acid. Its salts including potassium sorbate, sodium sorbate, and many others are utilized in poultry products to inhibit the growth of microorganisms and increase the shelf life of processed and fresh poultry products such as chicken, turkeys, ducks, and geese.
  • According to the MARK Media, the consumption of broiler feed reached 334.57 million metric tons globally in 2020 and is expected to increase over the forecast period due to the rising consumption of broiler meat in the human diet as it is a good source of proteins, helps to build muscle, strengthens bones, and provides minerals and vitamins.

Based on the Delivery System Insights, the market is segmented into Protected, Unprotected.

  • The unprotected segment dominated the market and accounted for the largest revenue share of 64.0% in 2020. This high share is attributable to its ability to enhance the growth performance and digestibility in animals as it offers direct and high-level transfer of acid, positively impacting animal health while preventing cross-contamination.
  • Innovative products, such as protected acid, can be used to improve performance in animals. For instance, sodium butyrate feed additives, in both partially unprotected and protected forms; prevent Salmonella migration in Gastrointestinal Tract (GIT) organs, whereas only the protected source of the sodium butyrate reduces its migration to internal organs (liver).

Based on the Application Insights, the market is segmented into Gut Health, Antimicrobial Capacity, Yield / growth promoter, Others.

  • In terms of revenue, antimicrobial capacity application dominated the market and accounted for a share of 34.6% in 2020. This high share is attributable to the high antimicrobial and antioxidant effects of organic acids. Organic acids, particularly fatty acids such as butyric acid, increase the growth of the gastrointestinal mucosa in animals, thereby enhancing their health.
  • The usage of butyric acid as a medium for antimicrobial capacity is growing for the swine market as it improves the performance of young pigs with the help of nutrient digestion, maintains the jejunal morphology in young pigs, and improves jejunal antioxidant capacity.
  • Gut health application is expected to witness the fastest growth of 6.9% from 2021 to 2028. Gut health plays a vital role in influencing the growth rate of animals.
  • Since the ban on in-feed antibiotics in animal feed by the European Union in 2006, lactic acid and its derivatives have gained significant importance in the animal nutrition industry. Lactic acid and salts increase milk production in cattle, reduce diarrhea in pigs, control the colonization of the intestinal tract by Salmonella in poultry animals, and improve the digestion system of all farm animals.

Animal Nutrition Organic Acids Regional Outlook 

  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa (MEA)

Key Companies Profile Market Share Insights

Most of the players in the market are focusing on differentiating themselves from other players as the market is highly competitive and fragmented in nature. Manufacturers of organic acids such as Butyric Acid, sorbic acid, malic acid, fumaric acid, lactylates, and myristic acid are continuously engaged in partnerships along with collaborations.

Some prominent players in the global animal nutrition organic acids market include

  • Carboic
  • Thyssenkrupp AG
  • ADM
  • Croda International Plc
  • Cargill, Incorporated
  • Eastman Chemical Company
  • BASF SE
  • Dow

Order a free sample PDF of the Animal Nutrition Organic Acids Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments