Feed Acidulants - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Feed Acidulants Market is accounted for $2.6 billion in 2017 and is expected to reach $4.7 billion by 2026 growing at a CAGR of 7.0% during the forecast period. The factors such as high threat of diseases in livestock, increasing consumption of meat and dairy products, and growing government aids or funds promoting feed industry wellness are driving the market growth. On the other hand, the rising prices for feed acidulants and inefficiency in maintaining the potency of acidulants through the logistical chain are restraining the market.
Feed acidulants are chemical compounds that are integrated in feed to enhance the feed quality, by reducing bacterial content and maintaining the nutritive value; this helps improve animal growth and performance. Feed acidulants are applied directly as a single ingredient or as blends into feedstuffs, especially for swine and poultry.
Based on form, feed acidulants is widely used in dry form. Dry feed is available in the form of pellets, powder, and crumbles. It is a largely produced and consumed, globally. Most feed additive manufacturers in the market offer their feed acidulant in the dry form due to its ease of usage, storage, and transportation.
Considering geography, Asia Pacific is the one of the major revenue generating region in the feed acidulants market. With the rapid economic growth in the region, the demand for meat and dairy products is projected to increase, particularly in countries such as China, India, and Japan for both domestic consumption as well as exports.
Some of the key players in the Feed Acidulants Market are ADDCON Group GmbH, Anpario Plc, Cargill Inc. (U.S.), Tate & Lyle Plc. (U.K), Archer-Daniels-Midland Company (U.S.), Impextraco NV, Brenntag AG (Germany), Univar Inc. (U.S.), Bartek Ingredients Inc. (Canada), Caremoli S.P.A (Italy), Nutrex NV , Pancosma SA , Parchem Trading Ltd. (U.S.), Perstorp Holding AB, and Peterlabs Holdings Berhad.
Compounds Covered:
• Single Compound
• Blended
Forms Covered:
• Liquid
• Dry
Functions Covered:
• Feed Efficiency
• pH Control
• Flavor Enhancer
Types Covered:
• Inorganic Feed Acidulants
• Organic Feed Acidulants
• Sorbic Acid
• Propionic Acid
• Acetic Acid
• Formic Acid
• Malic Acid
• Citric Acid
• Lactic Acid
• Other Types
Animals Covered:
• Swine
• Poultry
• Aquaculture
• Equine
• Pets
• Ruminants
Fruits Covered:
• Apple
• Lemon
• Orange
• Tamarinds
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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