Global animal nutrition organic acids market was valued at USD 113.3million in 2020. It is projected to grow at a compound annual rate (CAGR of 6.5%) between 2021 and 2028. The growing animal feed industry is expected to drive the market. The key driver of market development in key regions worldwide is the increased use of organic acids as an alternative to traditional growth stimulators. Due to the expansion of the manufacturing sector in Asia Pacific, countries like India, Japan, South Korea and China, the region is expected to experience the highest growth. The region's increased demand for organic acids is due to the regulation of the growth of other species and the cultivation of cattle.
Because they aid in animal nutrition, organic acids are a popular source of energy. They are often used as a substitute for antibiotic growth stimulators due to their excellent mixing properties. Market growth is expected to be boosted by the growing animal nutrition industry in emerging countries like China, India, Thailand.
These factors will all be favorable for the growth of organic acid industries in developing countries. Due to the existence of large producers and a strong supply chain, animal nutrition organic acid demand is increasing across all regions. These factors will all be favorable to the growth of organic acid industries in developing countries.
The market has been growing significantly in recent years because of innovations in the market ecosystem. This means that there is a greater demand for technologically advanced products to reach a wider market. Companies such as Polynt Group, Cargill Inc., Jungbunzlauer Suisse AG, Archer-Daniels-Midland (ADM) Company, and BASF SE are among the key driving forces for innovation in the field of animal nutrition and organic acids suiting the ecosystem.
Globally, the majority of players in the advancement and development of organic acids are very competitive. The majority of companies focus on developing new products that have eco-friendly attributes and cater to a wider market. These factors will reflect a significant growth in organic acids like butyric acid or malic acid within the global market.
The lactic acid segment was the leader in animal nutrition organic acids market revenue and held the largest share at 49.0% in 2020. The high use of the product in dietary acidification and drinking water acidification is responsible for this high share. Dietary acidification is a method that inhibits the growth of intestinal bacteria. It also reduces the metabolite and toxic bacteria. This results in better nutrient digestion. This improves performance and increases immunity.
Antimicrobial properties of mid-chain fatty acids (MCFAs), have been demonstrated against both viruses and gram positive and gram negative bacteria. These acids can be used to provide energy for animals and humans. MCFAs can be converted efficiently into energy and stored less as fat. MCFA's are expected to be a leading additive to feed in the future due to their immune-supporting and antimicrobial properties.
Fumaric acid has been shown to be efficient in feed utilization and in promoting growth in broilers. Fumaric acid can be used as a feed additive to poultry diets. This is to reduce the performance of diets containing growth-promoting antibiotics. Fumaric acid and several of its salts, including calcium formate, are considered 'feed preservers' in the European Union.
The largest revenue share, 36.3% in 2020, was attributed to the poultry segment which dominated the market. This is due to the large use of organic acids with weak bases as feed acidifiers. Sorbic acid is one such organic acid that is used in the manufacture of feed acidifiers. These salts include potassium sorbate and sodium sorbate. They are used in poultry products to reduce the growth of microorganisms. They can also improve the taste characteristics of poultry products, such as sweetness, tenderness, and juicy.
The increasing demand for broiler meat will increase the demand for organic acids, and their salts in animal nutrition production. MARK Media reports that the global consumption of broiler feed was 334.57 million tonnes in 2020. This is due to increased consumption of broiler meat in the diet. It is rich in protein, helps build muscle, strengthens bones and contains vitamins and minerals.
Unprotected segments dominated the market, accounting for 64.0% of the total revenue in 2020. Its ability to improve the growth performance of animals and digestion is responsible for its high share.
Protected acid can be used to enhance performance in animals. Protected or partially unprotected sodium butyrate feed additives can be used to prevent Salmonella from migrating in the Gastrointestinal Tract Organs (GIT). Only the protected sodium butyrate source reduces the migration of Salmonella to the internal organs (liver). To improve animal performance, it is important to maintain good gut health. Animals need help to develop and maintain healthy microflora within their intestinal tract.
Antimicrobial capacity application was the dominant market in terms of revenue and held a 34.6% share in 2020. The high antimicrobial, antioxidant and dietary benefits of organic acids are responsible for this high market share. The growth of animals' gastrointestinal mucosa, especially butyric acid, is aided by organic acids. This can improve their health.
Butyric acid is a popular antimicrobial agent for pigs. It improves performance, maintains jejunal morphology, and increases jejunal antioxidant power.
The fastest growth in gut health applications is anticipated to be 6.9% between 2021 and 2028. The growth rate of animals is affected by gut health. The addition of organic acid to water helps to lower the levels of pathogens and regulates the microflora. This is what is expected to stimulate the demand for the products in the gut health application.
Since 2006, when the European Union banned in-feed antibiotics from animal feed, lactic acid (and its derivatives) have been a significant part of the animal nutrition industry. Salts and lactic acid increase milk production in cattle and pigs, reduce diarrhea in pigs and Salmonella colonization in poultry, and improve digestion for all farm animals.
Asia Pacific was the dominant market, accounting for 36.4% of the total revenue in 2020. This dominance can be attributed a variety of factors, including the increasing consumption of meat in India and China (which account for 35% of global population), and other factors.
Asia Pacific is a leading market worldwide, with economies like India, China and Japan. Due to growing demand for meat in developing countries, poultry and pork emerged as the most prominent livestock segments. Due to their large livestock population, the demand for animal nutrition products is expected to grow in these countries over the next few years. Due to their large-scale farming, Thailand and Vietnam are the top markets for animal nutrition products within the Asia Pacific region.
China is one the world's top feed producers, with an annual production of more than 187 million tonnes. China produces significant amounts of soybean, wheat, rice, barley and barley which are essential for the production of animal nutrition products. Due to the African swine flu outbreak, people are more likely to eat poultry meat than pork. This will increase the demand for sorbic acids in the poultry industry. Market players in the country are also focusing on increasing their presence by opening feed mills around the world, which will increase the demand for sorbic Acid.
Market players are trying to differentiate themselves from others because the market is competitive and fragmented. Partnerships and collaborations are ongoing for organic acid manufacturers such as Butyric Acid (sorbic acid), malic acid (malic acid), fumaric acid or lactylates and myristic acids. These operational integrations allow manufacturers to reach potential customers of organic acids who are involved with the manufacturing of a range of animal nutrition products.
Companies operating in the global market focus on expanding their presence in regional markets. Thirumalai Chemicals Ltd., for example, announced in 2019 that it would establish a subsidiary in the United States to manufacture fumaric acid and malic acid. This allows the company to efficiently place its products in the regions within the timeframe required. The following are some of the most prominent players in animal nutrition organic acids:
Croda International Plc
Eastman Chemical Company
Up Market Research published a new report titled “Animal Nutrition Organic Acids Market research report which is segmented by Species (Aqua, Ruminants, Poultry, Swine), By Players/Companies Croda International Plc, Carboic, Cargill Incorporated, Eastman Chemical Company, Dow, BASF SE, ADM, Thyssenkrupp AG”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Animal Nutrition Organic Acids Market Research Report|
|By Species||Aqua, Ruminants, Poultry, Swine|
|By Companies||Croda International Plc, Carboic, Cargill Incorporated, Eastman Chemical Company, Dow, BASF SE, ADM, Thyssenkrupp AG|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||213|
|Number of Tables & Figures||150|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Species (Aqua, Ruminants, Poultry, Swine).
Animal Nutrition Organic Acids Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Animal Nutrition Organic Acids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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