GITNUX MARKETDATA REPORT 2024
Feed Acidifiers Industry Statistics
The global feed acidifiers industry is expected to witness steady growth due to increasing demand for animal feed additives that improve feed efficiency and promote animal health.
In this post, we will explore the latest statistics and trends in the global feed acidifiers industry. From market size values to projected growth rates and regional market shares, we will analyze key insights that are shaping the future of this sector. Let’s dive into the data to gain a deeper understanding of the feed acidifiers market landscape.
Statistic 1
"The global feed acidifiers market size was valued at USD 2.03 billion in 2019."
Statistic 2
"The feed acidifier market is anticipated to grow at a CAGR of 7.22%."
Statistic 3
"Europe holds the largest share of the market for feed acidifiers at 33.6%."
Statistic 4
"The North American market for feed acidifiers is expected to grow at a CAGR of around 7.34% from 2021 to 2026."
Statistic 5
"Propionic acid was the largest shareholding segment with 29.76% in 2020."
Statistic 6
"Asia Pacific region is expected to witness the highest CAGR of 6.9% from 2021 to 2028."
Statistic 7
"Swine is predicted to be the second-largest consumer of feed acidifiers, with 23.6% of the market share."
Statistic 8
"As of 2020, North America accounted for approximately 23.6% of the global market share."
Statistic 9
"The Fumaric acid type segment was valued at USD 325 million in 2019."
Statistic 10
"The market for feed acidifiers in South America is expected to grow at a CAGR of 7.1% from 2019 to 2025."
Statistic 11
"The African market for feed acidifiers is expected to reach USD 87.6 Million by 2025."
Statistic 12
"The Fumaric acid segment is expected to grow at the fastest rate in the coming years, registering a CAGR of 8.0% during the forecast period."
Statistic 13
"The Blended compound segment generated revenue worth USD 275.1 million in 2020."
