| Product Code: ETC8828261 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Peru continued to heavily rely on imports of propionic acid for animal feed, with top exporters being Colombia, China, Canada, Germany, and India. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained at a very high level, showcasing the dominance of these key players. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, there was a notable uptick in growth from 2023 to 2024, highlighting a potential resurgence in demand for propionic acid in the Peruvian animal feed industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Peru Propionic Acid for Animal Feed Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Propionic Acid for Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Propionic Acid for Animal Feed Market - Industry Life Cycle |
3.4 Peru Propionic Acid for Animal Feed Market - Porter's Five Forces |
3.5 Peru Propionic Acid for Animal Feed Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Peru Propionic Acid for Animal Feed Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Peru Propionic Acid for Animal Feed Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Peru Propionic Acid for Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for animal feed additives to improve livestock health and performance |
4.2.2 Growing awareness about the benefits of propionic acid in animal feed for controlling mold and bacteria |
4.2.3 Expanding livestock farming industry in Peru |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as grain and corn, affecting the production cost of propionic acid |
4.3.2 Regulatory challenges and stringent guidelines on the usage of feed additives |
4.3.3 Competition from alternative preservatives and organic feed additives |
5 Peru Propionic Acid for Animal Feed Market Trends |
6 Peru Propionic Acid for Animal Feed Market, By Types |
6.1 Peru Propionic Acid for Animal Feed Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Biotech/Analytical (High Purity), 2021- 2031F |
6.1.4 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Technical (Low Purity), 2021- 2031F |
6.2 Peru Propionic Acid for Animal Feed Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Oxo Process, 2021- 2031F |
6.2.3 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Reppe Process, 2021- 2031F |
6.2.4 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By By-Product Process, 2021- 2031F |
6.3 Peru Propionic Acid for Animal Feed Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Chemical, 2021- 2031F |
6.3.3 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.6 Peru Propionic Acid for Animal Feed Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
7 Peru Propionic Acid for Animal Feed Market Import-Export Trade Statistics |
7.1 Peru Propionic Acid for Animal Feed Market Export to Major Countries |
7.2 Peru Propionic Acid for Animal Feed Market Imports from Major Countries |
8 Peru Propionic Acid for Animal Feed Market Key Performance Indicators |
8.1 Adoption rate of propionic acid in animal feed formulations by livestock farmers |
8.2 Number of research studies highlighting the efficacy of propionic acid in animal feed |
8.3 Percentage increase in the number of livestock farms using propionic acid as a feed additive |
9 Peru Propionic Acid for Animal Feed Market - Opportunity Assessment |
9.1 Peru Propionic Acid for Animal Feed Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Peru Propionic Acid for Animal Feed Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Peru Propionic Acid for Animal Feed Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Peru Propionic Acid for Animal Feed Market - Competitive Landscape |
10.1 Peru Propionic Acid for Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Peru Propionic Acid for Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |