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Published Date: 2014-02-21Number of Pages: 74

Feed Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Global Feed Acid Market – Snapshot 

The rising incidence of chronic ailments and increasing epidemic outbreaks worldwide have compelled governments to focus on animal health more than ever. Because feed acids intrinsically improve the animal food quality, their use in countering epidemic outbreaks has surged significantly in the last few years. Feed acid offers immense health benefits in animal body. For instance, it provides capability to kill pathogenic microorganisms, which are responsible for causing diseases, thereby deterring growth in the livestock. Furthermore, it helps in improving response to antibiotic treatments and reducing diarrhea, thus maintaining a microbial balance in digestive system.

Considering the purposes they serve, the demand for food acids both as ingredients and finished products has surged globally. On account of their importance in maintaining and improving animal health, they have become an integral part in daily consumption needs of animals, primarily as feed to guard animals against feed deterioration. In addition, consumers preferring the extrinsic qualities of meat has increased in number, which is aiding the overall growth of the global feed acid market.

Transparency Market Research forecasts the global feed acid market to exhibit a CAGR of 6.30% between 2013 and 2019. At this pace, the market’s valuation is expected to reach US$1,779.3 mn by the end of 2019, from US$1,162.3 mn in 2012.

Asia Pacific to Exhibit Fastest CAGR during Forecast Period

North America, Asia Pacific, Europe, and Rest of the World constitute the key regional segments in the global feed acid market. Among these regions, North America and Europe held lead with a cumulative share of 60% in the overall market in 2012. Use of antibiotics is largely banned in both these regions, on account of which the demand for feed acids has escalated. However, during the course of the forecast period, opportunities around Asia Pacific is likely to get more lucrative. The Asia Pacific feed acid market is likely to exhibit the fastest CAGR of 6.6% between 2013 and 2019. The rising demand for meat and dairy product in the region is expected to help the market gain increased traction in the region. Besides this, growth witnessed in nations such as India, China, and Japan is expected to be considerably high.

Demand for Amino Acids Forecast to Rise in Coming Years

By type, the global feed acid market can be segmented into amino acids, antibiotics, vitamins, feed enzymes, antioxidants, and others. Of these, the demand for amino acids is increasing at a fast pace owing to its increasing use in animal feed additives. However, during the course of the forecast period, the growth witnessed in the enzyme segment is expected to scale higher.  Thus with the increasing prevalence of nutritional deficiencies in animals, the demand from the aforementioned segments is expected to rise.

ADDCON GmbH, BASF SE, Kemin Industries Inc., Biomin GmbH, Novus International, Perstorp AB, Corbion Purac, Jefo Nutrition Inc., Kemira Oyj, Trouw Nutritional International B.V., Yara International ASA, Impextraco, Provimi SA, Evialis, and ADA Alliance Nutrition Inc are among the leading companies operating in the global feed acid market. Besides these, the market also exhibits the presence of several small players. A majority of smaller enterprises usually rely on third-party distributors to reach the final market. 

 
Transparency Market Research in its latest report states, the global feed acid market is expected to grow at an exponential rate due to increasing number of epidemics such as avian flu and foot-and-mouth disease. The essential need of using feed acids in animal feed is to increase the nutritional value of the food which the cattle consume. The extensively researched report discusses the various types of feed acids, technologies used in making them, and the shifting dynamics of this industry.
 
The market research report on global feed acid market includes market segmentation on the basis of types of feed acids, regions it used in, and livestock. It also details the factors contributing to the growth of this market, those refraining it, and the ones that key market players can consider as potential opportunities in the coming years. The report uses analyzing methods such as SWOT analysis and a Porter’s five forces analysis to determine the direction the global feed acid market is likely to take in the near future. In the course of the research, analysts have stated clear understanding of strengths, weaknesses, opportunities, and threats and methods of using them for building profitable businesses. The reports on global feed acid market also point out the financial strategies of the key players in the market, and project their possible moves such as mergers and acquisitions, research and development, and key growth strategies for the next few years.
 
Overview of the Global Feed Acid Market
 
Feed acids are essentially nutrients that are used by processed meat manufacturers and the poultry industry to improve the shelf life of animal feeds, increase consumption, and add to the nutritional value of the animal feed. Over the past few decades the global feed acid industry has experienced a treble due to growing need for a healthy livestock in times when epidemics such as avian flu, mad cow, and foot and mouth disease are on the rise. The global acid feed market was valued at US$39.7 trillion in 2012 and is expected to grow to US$43.2 trillion by 2018. According to the data collected by analysts, regions such as North America and Europe held 60% of the global acid feed market. The bigger chunk out of this percentage belonged to Europe, followed by North America. However, a futuristic sight predicts Asia Pacific is likely to be the fastest and the biggest growing market for feed acid in the forecasted period. This growth will be fueled by need to breed healthy livestock and reduces chances of poor health conditions.
 
Growth of global acid feed industry has also resulted in development of organic feeds which help in improving and preserving effectiveness of the feed for the animals. The organic feed segment will be the biggest opportunity for the global acid feed market. The regional segmentation of the global feed acid market includes regions such as Europe, North America, Asia Pacific, and Rest of the World. 
 
Companies mentioned in the research report
 
Some of the key players profiled in this report are BASF SE, Novus International, ADDCON GmbH, Perstorp AB, and Kemin Industries Inc.  The report contains a financial outlook of these important players in the global acid market, their plans for mergers and acquisitions, and their key growth strategies to tap into the vast feed acid market for the forecasted period.
 
This market research report analyzes the following geographies:
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report gives you access to decisive data such as:
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 
Key highlights of this report
  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements in the micro servers industry
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments


 
 
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