Feed Acidulants Market 1

Feed Acidulants Market Research Report
Feed Acidulants Market Research Report-
Global Forecast till 2023
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Feed Acidulants Market Research Report
Market Highlights
The rapid growth of the aquaculture industry due to the rising consumption of
seafood is boosting the sales of acidulants for aquaculture feed. 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.
Global Feed Acidulants Market 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.
Feed acidulants are substances that are added to animal feed to enhance flavor,
consistency, shelf life, and solubility rate. They act as buffer components in feed
formulations by lowering the pH level and enhancing feed solubility. The global feed
acidulants market is expected to register a significant growth rate during the forecast
period owing to the high consumption of animal-based products, increasing
awareness regarding the importance of healthy livestock feed, and government
initiatives to promote the animal feed industry. However, the rising prices of feed
acidulants are hampering the growth of the market.
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)
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Feed Acidulants Market Research Report
• 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.
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Segmentation
The global feed acidulants market has been segmented based on type, form,
application, and region.
Based on type, the global feed acidulants market has been divided into lactic acid,
formic acid, propionic acid, malic acid, citric acid, sorbic acid, acetic acid, and others.
The global feed acidulants market has also been bifurcated, on the basis of form,
into dry and liquid.
By application, the global feed acidulants market has been categorized as ruminants,
poultry, swine, aquaculture, and others.
The global feed acidulants market has been studied with regard to four key regions—
North America, Europe, Asia-Pacific, and the rest of the world.
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Feed Acidulants Market Research Report
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