Animal Nutrition Organic Acids Market by Carboic, Thyssenkrupp AG, ADM, Croda International Plc
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. Carboic, Thyssenkrupp AG, ADM, Croda International Plc are some of the prominent key players in the industry. 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.
Organic acids are being increasingly used for feed
preservation in commercial compound feeds and applications related to diets in
pigs and poultry. These acids have proven to be highly effective in maintaining
the growth performance of animals. Among the available antibiotic growth
promoters, organic acids are proven to be the most reliable product group. The
primary mode of action of these acids is through the antimicrobial effects and
its intensity is dependent on the chemical composition of its salts and
derivatives.
Recently, a number of antibiotics have been withdrawn
from poultry diets majorly in regions such as Europe, North America, and
others, which led to an increased risk of occurrence of dysbacteriosis and
other diseases among the birds. Deaths resulting from these diseases
contributed to about 20% of poultry production costs in developed countries
such as Europe. At present, various feed supplements are being developed and
proven to be effective alternative antibiotics in poultry diets, such as
probiotics, prebiotics, herbs, essential oils, and acidic compounds, among
others.
However, acidic compounds consisting of organic acids
have shown promising results as antibiotic alternatives. Organic acids have
witnessed rising penetration in animal feed applications owing to their
capability to enhance the performance of poultry, swine, aqua, and other feeds
by changing the microbiome concentration and altering the pH of the
Gastrointestinal Tract (GIT).
Request a free sample copy or
view report summary: Animal Nutrition Organic Acids Market Report
Animal Nutrition Organic Acids
Market Report Highlights
- In terms of revenue, the lactic acid segment accounted for the
highest share of 49.0% in 2020 on account of its high efficacy in dietary
and drinking water acidification
- The poultry segment dominated the market in terms of revenue share
in 2020 on account of high demand for good quality meat, thereby leading
to utilization of additives in poultry feed
- The antimicrobial capacity segment dominated the market in 2020 on
account of the ability of organic acids to act as an antimicrobial and
antioxidant agent in feed
- Asia Pacific is anticipated to register the fastest growth over the
coming years on account of high cattle cultivation and high focus on the
growth of goof quality meat for consumption
- The market is highly competitive in nature, with the majority of
the companies focusing on the development of new products with
eco-friendly characteristics and catering to a broader application market
About Us:
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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
For More Information: https://www.grandviewresearch.com
Comments
Post a Comment