Global Feed Acidulants Market, By Source (Propionic Acid, Formic Acid, Citric Acid, Lactic Acid, Sorbic Acid, Malic Acid, and Acetic Acid), Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets, and Equine), Type (Organic Feed Acidulants and Inorganic Feed Acidulants), Fruit Type (Lemon , Apple , Orange and Tamarinds) Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Feed Acidulants Market
Data Bridge Market Research analyses that the feed acidulants market will project a compound annual growth rate (CAGR) of 6.00% during the forecast period of 2022-2029. Higher consumption of feed acidulants is expected to boost market growth in the forecast period of 2022-2029, as is rising awareness about the importance of healthy livestock feed and government initiatives focused at the animal feed industry are attributable to the growth of feed acidulants market. This means that the feed acidulants market value will be expected to grow to USD 4.12 billion by the year 2029.
Feed acidulants are organic promoters that can be added to feeds to improve feed quality by reducing bacteria while preserving nutritional value. It promotes animal growth and performance. Feed acidulants, particularly for pigs and poultry, can be mixed directly into a single ingredient or feedstuffs.
Due to their increased use, acidulants are becoming more popular in the global market. Feed acidulants are used in food and beverages as a preservative. It serves as flavouring and gelling agent in food products such as jam and candies. It also aids in the preservation of pH and acidity in beverages. All of these factors are expected to drive the global feed acidulants market demand.
Feed acidulants come in a variety of forms, including liquid, powder, gas, and so on. Because dry feed acidulants are easier to store, manufacturers prefer powdered feed acidulants over others. Manufacturers' preference for the dry form of feed acidulant is expected to drive the global feed acidulants market.
However, some of the factors restraining the growth of the global feed acidulants market include further increases in food prices and the availability of low-cost food preservatives manufactured by Chinese manufacturers. Furthermore, the ability of feed acidulants to limit nutritional loss in food, as well as their ease of use, storage, and transportability without affecting the natural properties of the food, are opportunities driving the global feed acidulants market.
This feed acidulants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on feed acidulants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Feed Acidulants Market Scope and Market Size
Feed acidulants market is segmented on the basis of source, animal type, type and fruit type. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of source, the feed acidulants market is segmented into propionic acid, formic acid, citric acid, lactic acid, sorbic acid, malic acid, and acetic acid
- On the basis of animal type, the feed acidulants market is segmented into poultry, ruminants, swine, aquaculture, pets, and equine
- On the basis of type, the feed acidulants market is segmented into organic feed acidulants and inorganic feed acidulants
- On the basis of fruit type, the feed acidulants market is segmented into, lemon, apple, orange and tamarinds
Feed Acidulants Market Country Level Analysis
The global feed acidulants market is analyses and market size, volume information is provided by country by product type and application type as referenced above.
The countries covered in the feed acidulants market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific region is undergoing substantial gains and is projected to dominate the feed acidulants market due to the increased development in feed production and feed additives. With the region's rapid economic growth, demand for meat and dairy products is expected to rise, particularly in China, India, Japan, and Thailand for both domestic consumption and exports. The growing demand for protein-rich livestock feed in New Zealand and Australia has resulted in an increase in demand for feed acidulants to improve the quality of meat and dairy products.
The country section of the feed acidulants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Feed Acidulants Market Share Analysis
The feed acidulants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to feed acidulants market.
Some of the major players operating in the feed acidulants market are ADDCON Group GmbH, Yara International ASA, Anpario Plc, Peterlabs Holdings Berhad, BASF SE, Perstorp Holding AB, Biomin Holding GmbH, Pancosma SA, Corbion NV, Nutrex NV, Impextraco NV, Novus International, Inc., Jefo Nutrition, Inc., Kemin Industries, Inc., Corbion Purac, Novus International, Impextraco NV and pancosma among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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