Global Lactic Acid In Animal Feed Market Overview
As per MRFR analysis, the Lactic Acid In Animal Feed Market Size was estimated at 3.58 (USD Billion) in 2022.
The Lactic Acid In Animal Feed Market Industry is expected to grow from 3.77(USD Billion) in 2023 to 6.0 (USD Billion) by 2032. The Lactic Acid In Animal Feed Market CAGR (growth rate) is expected to be around 5.29% during the forecast period (2024 - 2032).
Key Lactic Acid In Animal Feed Market Trends Highlighted
The most prominent market trend in the Lactic Acid In Animal Feed Market is the growing demand for sustainable and natural feed additives. As consumers become increasingly aware of the environmental and health impacts of synthetic feed supplements, natural alternatives such as lactic acid are gaining traction.Key market drivers include the rising demand for animal feed in emerging economies, increasing awareness of the benefits of lactic acid in animal nutrition, and the growing trend towards natural and organic farming practices. The market is also expected to benefit from the increasing use of lactic acid in the production of bio-based products.Opportunities to be explored or captured include the development of new lactic acid production technologies, the expansion into new applications in the animal feed industry, and the potential for lactic acid to be used as a feed additive in the aquaculture sector.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Lactic Acid In Animal Feed Market Drivers
Increasing Demand for Animal Protein
The global population is increasing at a fast pace, and with the growing population, the demand for animal protein also increases. Lactic acid is an essential component in animal feed, being used to increase digestion and nutrient absorption. As the need continues to increase, so does the incidence of lactic acid in animal feed. An important product in the Global Lactic Acid Animal Feed Market Industry is the increasing incidence of demand for animal protein.Lactic acid is an acceptable and effective means that will elevate the nutritional value of the animal feed and, at the same time, reduce the risk of illness. As the global population is going to continue to increase along with it, the need for animal protein will also rise. The use incidence of lactic acid in animal feed will also increase. Another important driver of this market is the information that the superiority of lactic acid in the animal feed market provided and is expected to result in the market continuing to grow. The increase in demand for animal protein is the largest market driver in this field.
Rising Awareness of Animal Welfare
Consumers are becoming more and more conscious of the importance of animal welfare, and they are demanding that animals be produced in better conditions. Using lactic acid will improve the animal’s welfare by lowering the rate at which they are infected and helping them in their digestion process. The awareness of the animal’s welfare will lead to an increase in the demand for lactic acid in animal feeds. Moreover, the Lactic Acid In Animal Feed Market Industry is driven by the increasing awareness of animal welfare.Nowadays, consumers are aware of the importance of good animal treatment in the food industry, and they demand animals be raised in good conditions. Using lactic acid will improve the animal’s welfare by lowering the rate at which they are infected and help them in their digestion process as well.
Government Regulations on Animal Feed
Governments around the world are implementing regulations to ensure that animal feed is safe and nutritious. Lactic acid is an approved feed additive in many countries, and it is becoming increasingly popular as a way to improve the quality of animal feed. As the regulations on animal feed continue to evolve, so too will the demand for lactic acid in animal feed. The Lactic Acid In Animal Feed Market Industry is also being driven by government regulations on animal feed.Governments around the world are implementing regulations to ensure that animal feed is safe and nutritious. Lactic acid is an approved feed additive in many countries, and it is becoming increasingly popular as a way to improve the quality of animal feed.
Lactic Acid in Animal Feed Market Segment Insights
Lactic Acid in Animal Feed Market Application Insights
The application segment of the Lactic Acid in Animal Feed Market is categorized into monogastric animals, ruminant animals, and aquatic animals. Monogastric animals, such as swine and poultry, dominated the market in 2023, accounting for a significant share of the Lactic Acid In Animal Feed Market revenue due to the increasing demand for meat and poultry products. The rising awareness of animal health and welfare, along with the growing adoption of lactic acid as a feed additive to enhance animal performance, is driving the growth of this segment.Ruminant animals, including cattle and sheep, are expected to witness steady growth in lactic acid demand due to the increasing adoption of lactic acid-based silage fermentation practices. Lactic acid aids in the preservation and nutritional enhancement of silage, improving the overall health and productivity of ruminant animals. This segment is anticipated to contribute a substantial share to the Lactic Acid In Animal Feed Market segmentation over the forecast period. The aquatic animals segment, encompassing fish and shrimp farming, is expected to experience notable growth in the coming years.Lactic acid is increasingly used in aquaculture to control pH levels, enhance water quality, and improve fish and shrimp health. The rising demand for seafood products, coupled with the growing adoption of sustainable aquaculture practices, is anticipated to fuel the growth of this segment in the Lactic Acid In Animal Feed Market data. Overall, the application segment of Lactic Acid in the Animal Feed Market is expected to exhibit significant growth in the coming years, driven by the increasing demand for animal-based products, the rising awareness of animal health and welfare, and the growing adoption of lactic acid-based feed additives.The market is expected to witness continuous innovation and product development, with a focus on enhancing animal performance and sustainability throughout the industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Lactic Acid in Animal Feed Market Form Insights
The Lactic Acid In Animal Feed Market is segmented into Liquid and Powder forms. The Liquid segment accounts for a larger market share due to its ease of handling and transportation. The Powder segment is expected to witness significant growth over the forecast period due to its longer shelf life and lower cost. The Lactic Acid In Animal Feed Market revenue for the Liquid segment is projected to reach $3.2 billion by 2024, while the Powder segment is expected to reach $1.8 billion by the same year. The growth of the Liquid segment can be attributed to the increasing demand for liquid feed supplements in the animal feed industry.The Powder segment is expected to benefit from the rising demand for dry feed supplements in developing regions.
Lactic Acid in Animal Feed Market Source Insights
The Lactic Acid In Animal Feed Market segmentation by Source is categorized into Corn, Wheat, Sugarcane, and Cassava. Among these, Corn holds the largest market share due to its wide availability and cost-effectiveness. The demand for Corn-based lactic acid is primarily driven by its use in poultry and swine feed, as it enhances animal growth performance and feed efficiency. Wheat is another significant source of lactic acid, particularly in regions with abundant wheat production. Sugarcane and Cassava are also gaining traction as alternative sources, especially in tropical and subtropical areas, due to their high starch content and favorable cultivation conditions.The rising adoption of lactic acid in animal feed to improve gut health, reduce antibiotic usage, and enhance animal welfare is expected to drive the growth of Lactic Acid in Animal Feed Market in the coming years.
Lactic Acid in Animal Feed Market Acidity Insights
The Lactic Acid In Animal Feed Market is segmented by acidity into high acidity and low acidity. High-acidity lactic acid is produced by the fermentation of carbohydrates by bacteria, while low-acidity lactic acid is produced by the chemical synthesis of lactic acid. The high acidity segment is expected to account for a larger market share in 2023, owing to its increased use in animal feed as a preservative and acidulant. The low acidity segment is expected to grow at a faster CAGR during the forecast period, owing to its growing use in animal feed as a source of energy and nutrients.
Lactic Acid in Animal Feed Market Grade Insights
The Lactic Acid In Animal Feed Market is segmented by Grade into Food Grade and Non-Food Grade. The food-grade segment held the largest market share in 2023 and is expected to continue to dominate the market throughout the forecast period. The growth of this segment can be attributed to the increasing demand for food-grade lactic acid in the food and beverage industry. Lactic acid is used as a preservative, acidulant, and flavoring agent in a wide range of food products, including dairy products, beverages, and baked goods. The Non-Food Grade segment is expected to experience significant growth over the forecast period due to the increasing demand for lactic acid in pharmaceutical, personal care, and industrial applications.Lactic acid is used as a raw material in the production of pharmaceuticals, such as antibiotics and anti-inflammatory drugs. It is also used in personal care products, such as skin creams and lotions, and in industrial applications, such as leather tanning and metalworking.
Lactic Acid in Animal Feed Market Regional Insights
The Lactic Acid In Animal Feed Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the increasing adoption of lactic acid in animal feed to improve animal health and productivity. Europe is expected to be the second-largest market, followed by APAC. The APAC region is expected to witness the highest growth rate during the forecast period due to the rising demand for animal feed in emerging economies such as China and India.South America and MEA are expected to account for a smaller share of the global market. The Lactic Acid In Animal Feed Market is expected to reach USD 6.0 billion by 2032, exhibiting a CAGR of 5.29% during the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Lactic Acid in Animal Feed Market Key Players and Competitive Insights
Major players in Lactic Acid in the Animal Feed Market industry are focusing on expanding their production capacities and geographical reach. Leading Lactic Acid in Animal Feed Market players are investing in research and development to introduce innovative products and improve their existing product portfolio. The Lactic Acid in Animal Feed Market development is driven by the increasing demand for animal protein, rising awareness about animal welfare, and growing adoption of sustainable farming practices. The Lactic Acid in Animal Feed Market Competitive Landscape is characterized by the presence of both global and regional players. Key players are adopting various strategies such as mergers, acquisitions, partnerships, and new product launches to gain a competitive edge. These companies are also focusing on improving their distribution channels and customer service to meet the evolving needs of their customers.Cargill, a leading player in the Lactic Acid in Animal Feed Market, has a strong global presence and a diverse product portfolio. The company offers a wide range of lactic acid products for use in animal feed, including feed-grade lactic acid, calcium lactate, and sodium lactate. Cargill has a well-established distribution network and a strong customer base. The company is committed to providing high-quality products and services to its customers.ADM, another major player in the Lactic Acid in Animal Feed Market, is a leading manufacturer and supplier of lactic acid and its derivatives. The company has a global presence and a wide product portfolio. ADM offers a range of lactic acid products for use in animal feed, including feed-grade lactic acid, calcium lactate, and sodium lactate. The company has a strong focus on research and development and is committed to providing innovative products and solutions to its customers.
Key Companies in the Lactic Acid Animal Feed Market Include
Lactic Acid In Animal Feed Market Industry Developments
Increased demand for Lactic Acid In Animal Feed is primarily attributed to rising awareness regarding animal health and welfare, coupled with a growing preference for natural feed additives. Additionally, the stringent regulatory norms pertaining to the usage of antibiotics in animal feed are expected to drive market growth. Furthermore, factors such as increasing disposable income and changing dietary patterns are expected to boost the demand for meat and dairy products, thereby positively impacting market growth.Recent news developments include the launch of new products and expansions by major players. For instance, in 2023, Cargill announced the expansion of its lactic acid production capacity in Blair, Nebraska, to meet the growing demand for sustainable and natural feed solutions. Such developments are indicative of the growing demand and competitiveness within the market.
Lactic Acid In Animal Feed Market Segmentation Insights
Lactic Acid In Animal Feed Market Regional Outlook
| Report Attribute/Metric | Details |
| Market Size 2022 | 3.58(USD Billion) |
| Market Size 2023 | 3.77(USD Billion) |
| Market Size 2032 | 6.0(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 5.29% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Henan Jindan Lactic Acid Technology Co. Ltd., Jungbunzlauer Suisse AG, Shandong Provincial Second Chemical Industry Co. Ltd., Changzhou Wujin Dayang Chemical Co. Ltd., Jiangyin Yaxing Chemical Co. Ltd., Shandong Qilu Jinyu Biological Engineering Co. Ltd., Jiangsu Acare Biotechnology Co. Ltd., Yueyang Huacheng Biochemical Co. Ltd., Corbion, DBN Group, Hebei Kexing Chemical Co. Ltd., Purac, Shandong Longda New Material Technology Co. Ltd., BASF, Lactic Acid Manufacturers Inc. |
| Segments Covered | Application, Form, Source, Acidity, Grade, Regional |
| Key Market Opportunities | Growing demand for natural feed additives Increasing consumption of animal-based products Expansion into emerging markets Technological advancements in lactic acid production Rising awareness of animal health and welfare. |
| Key Market Dynamics | Rising consumer demand for organic livestock products Growing concerns over antibiotic resistance Increasing popularity of animal feed additives Demand for nutrient-rich and sustainable feed solutions Technological advancements in lactic acid production. |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Lactic Acid In Animal Feed Market is expected to reach USD 6.0 billion by 2032, growing at a CAGR of 5.29% from 2024 to 2032.
North America is expected to dominate the Lactic Acid In Animal Feed Market, accounting for a significant market share in 2023. The region's growing livestock population and increasing demand for animal feed are major factors driving the market growth.
Lactic Acid In Animal Feed is primarily used as a feed acidifier and preservative. It helps regulate the pH of the digestive system, improves nutrient absorption, and inhibits the growth of pathogenic bacteria.
Some of the key competitors in the Lactic Acid In Animal Feed Market include Corbion, BASF, Ingredion, Koninklijke DSM N.V., and Tate & Lyle.
The growing demand for animal protein, increasing awareness of animal health and welfare, and rising disposable income in emerging economies are major growth drivers of the Lactic Acid In Animal Feed Market.
The fluctuating prices of raw materials, stringent regulations on the use of feed additives, and competition from alternative feed acidifiers are some of the challenges faced by the Lactic Acid In Animal Feed Market.
The growing demand for organic and natural feed additives, increasing adoption of precision livestock farming, and rising awareness of the benefits of lactic acid in animal feed present significant opportunities for growth in the Lactic Acid In Animal Feed Market.
Some of the key trends in the Lactic Acid In Animal Feed Market include the increasing use of lactic acid in combination with other feed additives, the development of controlled-release formulations, and the growing adoption of lactic acid in aquaculture.
The increasing demand for animal protein, rising disposable income in emerging economies, growing awareness of animal health and welfare, and the increasing adoption of precision livestock farming are the major factors influencing the growth of the Lactic Acid In Animal Feed Market.
The COVID-19 pandemic had a moderate impact on the Lactic Acid In Animal Feed Market. The initial disruptions in the supply chain and the temporary closure of livestock farms led to a decline in demand for lactic acid in animal feed. However, as the pandemic subsided and the livestock industry recovered, the demand for lactic acid in animal feed rebounded.
Research Analyst Harshita post graduate mba in business administration from welingkar institute, mumbai and 5 years of experience in the field of product market research. as a research analyst, i have cross-domain experience in packaging, and industrial automation & equipment. i am currently looking after the research process of packaging, logistics & transportation, and industrial automation & equipment at market research future reports. my responsibilities at the organization involve handling syndicate and custom reports as well as responding to client inquiries, and organize, co-ordinate with a group of 5 to 6 persons to manage all workflows.
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