Global Propionic Acid for Animal Feed Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Grade;

Biotech/Analytical (High Purity).

By Technical;

Low Purity.

By Process;

Oxo Process, Reppe Process, and By-Product Process.

By End-User;

Chemical, Agriculture, Healthcare, Personal Care, and Food & Beverages.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn941070857 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Propionic Acid for Animal Feed Market (USD Million), 2021 - 2031

In the year 2024, the Global Propionic Acid for Animal Feed Market was valued at USD 2,707.83 million. The size of this market is expected to increase to USD 6,014.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.1%.

The Global Propionic Acid for Animal Feed Market is witnessing substantial growth as a result of the increasing emphasis on animal health and nutrition in livestock production practices worldwide. Propionic acid, a short-chain fatty acid, serves as a crucial additive in animal feed formulations due to its effectiveness in inhibiting the growth of mold and pathogenic bacteria, thereby extending the shelf life of feed and safeguarding animal health.

With the rising demand for high-quality animal products and the growing awareness of the importance of feed hygiene and safety, the adoption of propionic acid as a feed additive is gaining momentum across various segments of the livestock industry.Moreover, the global population's burgeoning appetite for meat and dairy products is driving the expansion of the animal feed market, creating a substantial demand for feed additives such as propionic acid.

As livestock producers seek to improve feed efficiency, reduce feed wastage, and ensure optimal animal performance, the incorporation of propionic acid into feed formulations has emerged as a cost-effective solution to address these challenges. Additionally, stringent regulations governing feed hygiene and safety standards are further propelling the demand for propionic acid in animal feed applications, as producers strive to comply with regulatory requirements and safeguard animal health and welfare. Overall, the Global Propionic Acid for Animal Feed Market is poised for significant growth, driven by the increasing focus on animal nutrition and the need for effective feed preservation solutions in livestock production.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Technical
    3. Market Snapshot, By Process
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Global Propionic Acid for Animal Feed Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Consumption in the food and beverage
        2. Growing demand for bio-based propionic acid
        3. Increasing concern for improving animal nutrition
        4. Demand for High-Quality Animal Products
        5. Rise in the use of propionic acid due to its medical advantages
      2. Restraints
        1. Supply chain disruptions will pose a threat
        2. Regulatory Hurdles
        3. Limited Awareness and Education
        4. Health Concerns and Consumer Perception
        5. Challenges in scaling up bio-based production
      3. Opportunities
        1. Rising Adoption of Organic Livestock Production
        2. Expansion of Livestock Industry in Emerging Markets
        3. Shift Towards Natural Feed Additives
        4. Growing Demand for Livestock Products
        5. Rise in number of strategic collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Propionic Acid for Animal Feed Market, By Grade, 2021 - 2031 (USD Million)
      1. Biotech/Analytical (High Purity)
    2. Global Propionic Acid for Animal Feed Market, By Technical, 2021 - 2031 (USD Million)
      1. Low Purity
    3. Global Propionic Acid for Animal Feed Market, By Process, 2021 - 2031 (USD Million)
      1. Oxo Process
      2. Reppe Process
      3. By-Product Process
    4. Global Propionic Acid for Animal Feed Market, By End-User, 2021 - 2031 (USD Million)
      1. Chemical
      2. Agriculture
      3. Healthcare
      4. Personal Care
      5. Food and Beverages
    5. Global Propionic Acid for Animal Feed Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF-SE
      2. Dow
      3. Mitsubishi Chemical Corporation.
      4. Eastman Chemical Company
      5. Perstorp
      6. Hawkins, Inc.
      7. ADDCON GmbH
      8. ERBER Group
      9. Impextraco NV
      10. Kemin Industries, Inc
      11. KRISHNA CHEMICALS
      12. MACCO Organiques Inc.
  7. Analyst Views
  8. Future Outlook of the Market