The North America feed acidifiers market was valued at USD 396.23 million in 2023 and is anticipated to reach USD 423.17 million in 2024 from USD 716.29 million by 2032, growing at a CAGR of 6.80% from 2024 to 2032.
Acidifiers used in the feed are known to activate digestive enzymes, maintain the PH (low) in the livestock preventing diseases, and blending of the feed. They have gained huge importance since they improve the health of the animals, which in turn provide meat of improved quality and quantity.
Increasing demand for protein-rich food like dairy and meat, increasing importance for animal health, and rising awareness about the feed quality are the factors boosting the growth of the market. Artificial substitutes, growth-inducing hormones, and increasing new entrants are the factors hindering the growth of the market.
Major companies in the market are investing more in research and development to increase the portfolio of products and production efficiency.
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 dominate the North America feed acidifier market.
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