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.
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.
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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 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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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.
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