Feed Acidulants Market Size 2019, In-depth Research Report, Share, Growth Rate, Industry Challenges, Competitive Landscape, Key Player and Business Opportunities Worldwide by 2023

Feed Acidulants Market Size 2019, In-depth Research Report, Share, Growth Rate, Industry Challenges, Competitive Landscape, Key Player and Business Opportunities Worldwide by 2023

“”The rising demand for animal-based products is expected to boost the growth of the global feed acidulants market during the forecast period of 2019 to 2023″”
“Feed Acidulants Market Size, Share and Industry Analysis by type, form, application, and region, Global Feed Acidulants Market has been segmented into lactic acid, formic acid, propionic acid, malic acid, citric acid, sorbic acid, acetic acid”

Market Highlights

The global feed acidulants market has been segregated, by application, into ruminants, poultry, swine, aquaculture, and others. The poultry segment is expected to be dominant during the review period owing to the high consumption of additives in poultry feed. However, the aquaculture segment is expected to register the highest growth rate during the forecast period due to the surging demand for aquaculture feed.

Feed acidulants are additives mixed in animal feed to impart flavor. They are also used as preservatives to inhibit the growth of mold in feed. Such additives increase the acidity of the product. These organic acids are emerging as an effective substitute for antibiotics in animal feed. In the US and Europe, a ban on the use of antibiotics in feed is one of the major determinants that is driving the growth of the feed acidulants market. Additionally, the rapid growth of the aquaculture industry due to the rising consumption of seafood is boosting the sales of acidulants for aquaculture feed.

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Competitive Analysis:

Some of the key players in the Global Feed Acidulants Market are-

  • Jefo Nutrition Inc. (Canada)
  • BASF SE (Germany)
  • Novus International (US)
  • Yara (Norway)
  • Kemin Industries Inc. (US)
  • Kemira Oyj (Finland)
  • Peterlabs Holding (Malaysia)
  • Biomin Holding GmbH (Austria)
  • Anpario plc (UK)
  • Nutrex NV (Belgium)
  • Tate & Lyle (UK)

Regional Analysis

The global feed acidulants market has been segmented, on the basis of region, into North America, Europe, Asia-Pacific, the rest of the world.

Asia-Pacific is projected to dominate the global feed acidulants market and the regional market is projected to register the highest CAGR during the forecast period owing to the increasing production and consumption of animal feed in the region. India, Japan, China, and Thailand are the major contributors to market growth in the region.

Segmentation

The Global Feed Acidulants Market has been segmented on the basis of type, form, application, and region.

By Type

  • Lactic acid
  • Formic acid
  • Propionic acid
  • Malic acid
  • Citric acid
  • Sorbic acid
  • Acetic acid

By Form

  • Dry
  • Liquid

The global feed acidulants market has also been divided, on the basis of application, into ruminants, poultry, swine, aquaculture, and others.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Market Dynamics of the Global Feed Acidulants Market

To Be Continue………………….,

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