High Threat of Diseases in Livestock Drives the Feed Acidifiers Market
The feed acidifiers market is estimated to be valued at USD 2.73 billion in 2018 and is projected to reach USD 3.50 billion by 2023, at a CAGR of 5.1% during the forecast period. The market is driven by the growing government aids or funds in the feed industry and high threat of diseases among livestock.
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Increasing Concerns regarding Animal Health to Boost the Growth of Feed Acidifiers Market in the Coming Years
Feed acidifiers are increasingly being incorporated into the feed since they help in controlling microbial growth and enhancing the digestibility of nutrients, thereby improving the overall health of animals. Increasing awareness about feed safety and animal health, especially in North America and Europe has also boosted the demand for feed acidifiers. Owing to these advantages, the worldwide market...