Europe feed acidifiers market was valued at USD 596.56 million in 2023 and is anticipated to reach SUD 638.32 million in 2024 from USD 1096.75 million by 2032, estimated to grow at a CAGR of 7.0%, from 2024 to 2032.
Europe has the largest share of the market due to the ban on antibiotic growth promoters in the region, which results in the shift towards feed acidifiers. Acidifiers are included in the feed to keep up low pH in the livestock for the prevention of infections and for the activation of digestive enzymes. They are additionally known to substitute the impacts of specific antibiotics. These advantages, combined with raising awareness, increase in the quality and concerns about the strength of livestock, and the recent ban on feed antibiotics, have fueled the growth of the acidifiers market.
Factors such as increasing demand for protein-rich food like dairy and meat, raising awareness about the feed quality, increasing importance for animal health, ban on the antibiotic growth promoters by the European Union are strengthening the growth of the market. Artificial substitutes, increasing new entrants, and growth-inducing hormones are limiting the growth of the market.
Kemira OYJ, Yara International, Kemin Industries, BASF SE, Biomin Holding GmbH, Impextraco, Novus International, ADDCON GmbH, Perstorp AB. These are the market players that are dominating the Europe feed acidifier market.
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