Trending Report on Feed Acidulants Market Size, Share, Up-coming Trends, Analysis, Regions, Leading Players, Outlook –Future and Forecast 2023

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The global feed acidulants market is projected to grow from USD 2.7 billion in 2018 to USD 3.5 billion by 2023, at a CAGR of 5.1% during the forecast period. This report spread across 213 Pages, Profiling 15 Companies and Supported with 214 Tables and 43 figures are now available in this research.

Top Key Players Profiled in the Feed Acidulants Market:

  • BASF SE (Germany)
  • Yara International ASA (Norway)
  • Kemin Industries Inc. (US)
  • Kemira OYJ (Finland)
  • Biomin Holding GmbH (Austria)
  • Impextraco NV (Belgium)
  • Pancosma (Switzerland)
  • Nutrex NV (Belgium)
  • Perstorp Holding Ab (Sweden)
  • Novus International (US)
  • Jefo Nutrition Inc. (Canada)
  • Anpario plc (UK)
  • Corbion NV (Netherlands)
  • ADDCON Group (Germany)
  • Peterlabs Holding (Malaysia)

 

The feed acidulants market has been categorized as propionic acid, formic acid, citric acid, lactic acid, sorbic acid, malic acid, acetic acid, and others. The formic acid segment is projected to grow at the highest CAGR during the forecast period. Formic acid is a colorless liquid and remains soluble in water in almost all proportions.

 

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The feed acidulants market, by animal type, is estimated to be dominated by the poultry segment in 2018. It is also projected to grow at the highest rate through 2023. Poultry meat is universally consumed and, unlike beef and pork, does not pose many religious concerns. The only part of the mineral requirement of poultry can be met by the natural feedstuffs in their diets resulting in the inclusion of feed supplements such as acidulants in feed formulations.

 

Breakdown of primary participants’ profile:

  • By Company Type: Tier 1: 30%, Tier 2: 30%, and Tier 3: 40%
  • By Designation: C-level Executives: 20%,Directors: 30%, and Managers:50%
  • By Region: North America: 15%, Europe: 15%, Asia Pacific: 30%,South America: 20% and RoW: 20%

 

Competitive Landscape of Feed Acidulants Market:

1 Overview
2 Competitive Scenario
3 Market Ranking Analysis
4 Expansions
5 Acquisitions
6 New Product Launches
7 Collaborations

 

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