Growing Government Aids or Funds to Promote the Wellness of the Feed Industry
The feed acidulants market in Europe has been experiencing significant growth in recent years, due to several factors. One of the main drivers of this growth has been the antibiotic ban by the European Union, which has led to an increased demand for alternative methods of promoting animal health and growth. As a result, many farmers and producers have turned to feed acidulants as a natural and effective way to support the digestive health of their animals. Additionally, the rising concerns over food safety and the increasing demand for meat and dairy products in the region have also contributed to the growth of this market. With the increasing focus on sustainable and eco-friendly agriculture, the use of feed acidulants is expected to continue to rise in the coming years, making it a promising market for businesses in Europe.
Swine by animal type has shown significant growth in the feed acidulants market.
The feed acidulants market for swine has been growing steadily in recent years. One of the main factors contributing to this growth is the increasing consumption of pork products worldwide, which has led to a rise in demand for high-quality feed additives that can enhance the health and productivity of swine. Additionally, the prevalence of various diseases that affect swine, such as porcine epidemic diarrhea (PED) and African swine fever (ASF), has increased the need for effective prevention and treatment options. Feed acidulants are a promising solution for these challenges, as they can improve the gut health of swine, enhance their immune system, and reduce the risk of infection.
Moreover, with the growing awareness of the environmental impact of animal agriculture, feed acidulants that improve feed conversion and reduce the environmental footprint of swine farming are becoming increasingly popular among farmers and producers. Overall, the increasing demand for safe, efficient, and sustainable swine production is expected to continue to drive the growth of the feed acidulants market for swine in the coming years.
Blended Compounds are creating opportunities in the feed acidulants market in the South American region.
The feed acidulants market for blended compounds in South America is growing rapidly, driven by several factors. One of the main drivers of this growth is the increasing demand for cost-effective and efficient feed additives among livestock producers in the region. Feed acidulants that are blended with other compounds, such as probiotics, prebiotics, and enzymes, are gaining popularity due to their multi-benefit effects on animal health, growth, and performance. These blended compounds can improve nutrient digestibility, enhance gut health, boost the immune system, and reduce the risk of diseases in livestock, leading to higher productivity and profitability for farmers. Additionally, the rising concerns over the environmental impact of animal agriculture and the need for sustainable farming practices are driving the adoption of feed acidulants that improve feed efficiency and reduce greenhouse gas emissions. With the growing demand for safe, healthy, and sustainable animal products in South America, the feed acidulants market for blended compounds is expected to continue to grow in the coming years.
The break-up of Primaries:
- By Company Type: Tier 1 - 30.0%, Tier 2- 30%, Tier 3 - 40%
- By Designation: C-level - 20%, Directors - 30%, and Others- 50%
- By Region: North America - 15%, Europe - 15%, Asia-Pacific - 30%, South America - 20%, ROW - 20%
Leading players profiled in this report:
- BASF SE (Germany)
- Yara (Norway)
- Eastman Chemical Company (US)
- DSM (Netherlands)
- Corbion (Netherlands)
- Perstorp (Sweden)
- Kemin Industries, Inc. (US)
- Peterlabs Holdings Berhad (Malaysia)
- Anpario plc (United Kingdom)
- Titan Biotech (India)
- Pancosma (Switzerland)
- Jefo (Canada)
- ADDCON GmbH (Germany)
- Novus International (US)
- Impextraco NV (Belgium)
- Bentoli (US)
- Hamburg Fructose GmbH (Germany)
- Mosselman (Belgium)
- Nutrex NV (Belgium)
- Oxiris Chemicals S.A. (Spain)
- Prathista Industries Limited (India)
- Trouw Nutrition (Netherlands)
- Prakash Chemicals Agencies Private Limited (India)
- Vizag Chemicals International (India)
- H K Enzymes and Biochemicals Pvt. Ltd. (India)
Research Coverage:
The report segments the feed acidulants market on the basis of type, form, compound, function, animal type, and region. In terms of insights, this report has focused on various levels of analyses - the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges of the global feed acidulants market.
Reasons to buy this report:
- To get a comprehensive overview of the feed acidulants market
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions in which the feed acidulants market is flourishing
The report provides insights on the following pointers:
Analysis of key drivers (High threat of disease in livestock, Increasing consumption of meat and dairy products, Ban on antibiotics in the US and the European Union, Growing government aids or funds promoting feed industry wellness), restraints (Rising prices of feed acidulants), opportunities (Encapsulation processes used for feed acidulants), and challenges (Maintaining efficacy of feed acidulants) influencing the growth of the feed acidulants market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the feed acidulants market
- Market Development: Comprehensive information about lucrative markets - the report analyses the feed acidulants market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the feed acidulants market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BASF SE (Germany), Yara (Norway), Kemin Industries Inc. (US), Eastman Chemical Company (US), and DSM (Netherlands), among others in the feed acidulants market
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Market Segmentation
1.3.1 Inclusions and Exclusions
1.4 Regions Covered
1.5 Years Considered
1.6 Units Considered
1.6.1 Currency (Value Unit)
Table 1 USD Exchange Rates Considered, 2018-2021
1.6.2 Units Considered
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Feed Acidulants Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
Figure 3 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.3 Data Triangulation
Figure 6 Data Triangulation
2.4 Recession Impact Analysis
2.5 Assumptions
2.6 Research Limitations & Associated Risks
3 Executive Summary
Table 2 Feed Acidulants Market Snapshot, 2023 vs. 2028
Figure 7 Feed Acidulants Market, by Type, 2023 vs. 2028 (USD Million)
Figure 8 Feed Acidulants Market, by Compound, 2023 vs. 2028 (USD Million)
Figure 9 Feed Acidulants Market, by Form, 2023 vs. 2028 (USD Million)
Figure 10 Feed Acidulants Market Share (Value), by Region, 2022
4 Premium Insights
4.1 Attractive Opportunities for Feed Acidulants Market Players
Figure 11 South America to Account for Highest Growth Rate During Forecast Period
4.2 Europe: Feed Acidulants Market, by Function and Country
Figure 12 Spain and Ph Control Accounted for Largest Respective Shares in 2022
4.3 Feed Acidulants Market, Asia-Pacific, by Type, 2023 vs. 2028
Figure 13 Formic Acid to Dominate Asia-Pacific Market During Forecast Period
4.4 Feed Acidulants Market, by Animal Type, 2023 vs. 2028
Figure 14 Poultry to Dominate Global Market During Forecast Period
4.5 Feed Acidulants Market, by Animal Type and Region, 2023 vs. 2028
Figure 15 Asia-Pacific to Dominate Animal Type Segment During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 16 Feed Acidulants: Market Dynamics
5.2.1 Drivers
5.2.1.1 High Threat of Diseases in Livestock
5.2.1.2 Increasing Consumption of Meat and Dairy Products
Figure 17 Global Meat Consumption Estimates, 2022-2031 (Kt Carcass Weight Equivalent)
Figure 18 Global Milk Production, All Species, 2015-2019 (Mt)
5.2.1.3 Ban on Antibiotics in US and European Union (EU)
5.2.1.4 Growing Government Aids or Funds to Promote the Wellness of the Feed Industry
5.2.2 Restraints
5.2.2.1 Rising Prices of Feed Acidulants
5.2.3 Opportunities
5.2.3.1 Encapsulation Processes Used for Feed Acidulants
5.2.4 Challenges
5.2.4.1 Maintaining Efficacy of Feed Acidulants
6 Industry Trends
6.1 Introduction
6.2 Value Chain
6.2.1 Research and Product Development
6.2.2 Raw Material Sourcing and Manufacturing
6.2.3 Assembling
6.2.4 Distribution
6.2.5 Marketing & Sales
Figure 19 Value Chain Analysis of Feed Acidulants Market: Raw Material Sourcing and Key Manufacturing Contributors
6.3 Technology Analysis
6.3.1 Agglomeration (Pelletizing)
6.3.2 Dosing Systems
6.4 Pricing Analysis: Feed Acidulants Market
Table 3 Average Selling Price of Feed Acidulants, by Region, 2020-2022 (USD/Ton)
Table 4 Average Selling Price of Feed Acidulants, by Key Type, 2020-2022 (USD/Ton)
6.5 Market Map and Ecosystem: Feed Acidulants Market
6.5.1 Demand Side
6.5.2 Supply Side
6.5.3 Feed & Animal Nutrition: Ecosystem View
6.5.4 Feed Acidulants: Market Map
Table 5 Feed Acidulants Market: Supply Chain (Ecosystem)
6.6 Trends/Disruptions Impacting Customer's Business
Figure 20 Revenue Shift for Feed Acidulants Market
6.7 Patent Analysis
Figure 21 Patents Granted for Feed Acidulants Market 2011-2021
Figure 22 Regional Analysis of Patent Granted for Feed Acidulants Market, 2011-2021
Table 6 Few Patents Pertaining to Feed Acidulants, 2019-2022
6.8 Trade Analysis
Table 7 Import Data of Preparation of Kind Used in Animal Feeding for Key Countries, 2021 (Value and Volume)
Table 8 Export Data of Preparation of Kind Used in Animal Feeding for Key Countries, 2021 (Value and Volume)
6.9 Case Studies
Table 9 Growing Innovation in Animal Diet
Table 10 Increase in Concern to Improve Livestock Health in Asia-Pacific
6.10 Regulatory Framework
6.10.1 Regulations
6.10.1.1 Feed Acidulants Regulatory Approval from European Union
6.10.1.2 Time Duration for Feed Acidulants to Register
6.10.1.3 Registration of Feed Acidulants
6.10.1.4 Packaging of Feed Acidulants
6.10.1.5 Labeling of Feed Acidulants
6.10.1.6 Manufacture and Sale of Feed Acidulants
6.10.1.7 Import of Feed Acidulants
6.11 Country-Wise Regulatory Framework
6.11.1 US
6.11.1.1 Labeling
6.11.1.2 Association of American Feed Control Officials (Aafco)
6.11.2 Canada
6.11.2.1 Legal Authorities
6.11.3 Brazil
6.11.4 China
6.11.5 European Union
6.11.6 Japan
6.11.7 South Africa
7 Feed Acidulants Market, by Type
7.1 Introduction
Figure 23 Feed Acidulants Market, by Type, 2023 vs. 2028 (USD Million)
Table 11 Feed Acidulants Market, by Type, 2018-2022 (Kt)
Table 12 Feed Acidulants Market, by Type, 2023-2028 (Kt)
Table 13 Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 14 Feed Acidulants Market, by Type, 2023-2028 (USD Million)
7.2 Propionic Acid
7.2.1 Safety Properties of Propionic Acid for Animals and Environment to Drive Market Growth
Table 15 Propionic Acid: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 16 Propionic Acid: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 17 Propionic Acid: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 18 Propionic Acid: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
7.3 Formic Acid
7.3.1 Antibacterial Effects of Formic Acid to Preserve Feed and to Drive Market
Table 19 Formic Acid: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 20 Formic Acid: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 21 Formic Acid: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 22 Formic Acid: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
7.4 Citric Acid
7.4.1 Increasing Demand to Improve Feed Effectiveness and Livestock Performance
Table 23 Citric Acid: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 24 Citric Acid: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 25 Citric Acid: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 26 Citric Acid: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
7.5 Lactic Acid
7.5.1 Concentrated Efficacy Toward Maintenance of Feed Safety to Drive Demand
Table 27 Lactic Acid: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 28 Lactic Acid: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 29 Lactic Acid: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 30 Lactic Acid: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
7.6 Sorbic Acid
7.6.1 Growing Number of Livestock Diseases to Encourage Animal Breeders to Adopt Sorbic Acid as Feed Preservative
Table 31 Sorbic Acid: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 32 Sorbic Acid: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 33 Sorbic Acid: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 34 Sorbic Acid: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
7.7 Malic Acid
7.7.1 Breakdown of Feed into Nutrients Absorbed by Ruminants to Drive Market
Table 35 Malic Acid: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 36 Malic Acid: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 37 Malic Acid: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 38 Malic Acid: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
7.8 Acetic Acid
7.8.1 Providing Livestock Breeders with Effective and Cost-Efficient Feed Formulations to Drive Market
Table 39 Acetic Acid: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 40 Acetic Acid: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 41 Acetic Acid: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 42 Acetic Acid: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
7.9 Other Types
Table 43 Other Types: Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 44 Other Types: Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 45 Other Types: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 46 Other Types: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
8 Feed Acidulants Market, by Compound
8.1 Introduction
Figure 24 Feed Acidulants Market, by Compound, 2023 vs. 2028 (USD Million)
Table 47 Feed Acidulants Market, by Compound, 2018-2022 (USD Million)
Table 48 Feed Acidulants Market, by Compound, 2023-2028 (USD Million)
8.2 Blended
8.2.1 Growing Demand to Improve Livestock Health
Table 49 Blended Compound Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 50 Blended Compound Feed Acidulants Market, by Region, 2023-2028 (USD Million)
8.3 Single Compound
8.3.1 Single Compounds to Restrict and Control Growth of Pathogenic Bacteria in Feed to Drive Market
Table 51 Single Compound Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 52 Single Compound Feed Acidulants Market, by Region, 2023-2028 (USD Million)
9 Feed Acidulants Market, by Form
9.1 Introduction
Figure 25 Feed Acidulants Market, by Form, 2023 vs. 2028 (USD Million)
Table 53 Feed Acidulants Market, by Form, 2018-2022 (USD Million)
Table 54 Feed Acidulants Market, by Form, 2023-2028 (USD Million)
9.2 Dry
9.2.1 Easy Storage and Transportability of Dry Feed Acidulants to Drive Market
Table 55 Dry Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 56 Dry Feed Acidulants Market, by Region, 2023-2028 (USD Million)
9.3 Liquid
9.3.1 Increase in Demand for Feed Preservatives to Drive Market
Table 57 Liquid Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 58 Liquid Feed Acidulants Market, by Region, 2023-2028 (USD Million)
10 Feed Acidulants Market, by Function
10.1 Introduction
Figure 26 Feed Acidulants Market, by Function, 2023 vs. 2028 (USD Million)
Table 59 Feed Acidulants Market, by Function, 2018-2022 (USD Million)
Table 60 Feed Acidulants Market, by Function, 2023-2028 (USD Million)
10.2 Ph Control
10.2.1 Growing Awareness Toward Animal Health to Drive Market
Table 61 Ph Control: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 62 Ph Control: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
10.3 Feed
10.3.1 Increasing Demand for Feed Conversion Rate and Feed Preservation to Drive Market Growth
Table 63 Feed Efficiency: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 64 Feed Efficiency: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
10.4 Flavor
10.4.1 Growing Demand for Feed Additives to Drive Market Growth
Table 65 Flavor: Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 66 Flavor: Feed Acidulants Market, by Region, 2023-2028 (USD Million)
11 Feed Acidulants Market, by Animal Type
11.1 Introduction
Figure 27 Feed Acidulants Market, by Animal Type, 2023 vs. 2028 (USD Million)
Table 67 Feed Acidulants Market, by Animal Type, 2018-2022 (USD Million)
Table 68 Feed Acidulants Market, by Animal Type, 2023-2028 (USD Million)
11.2 Poultry
11.2.1 Rapid Growth in Poultry Meat Production to Increase Demand for Superior Quality Feed
11.2.2 Broilers
11.2.3 Layers
11.2.4 Breeders
Table 69 Poultry Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 70 Poultry Feed Acidulants Market, by Region, 2023-2028 (USD Million)
Table 71 Poultry Feed Acidulants Market, by Poultry Type, 2018-2022 (USD Million)
Table 72 Poultry Feed Acidulants Market, by Poultry Type, 2023-2028 (USD Million)
11.3 Swine
11.3.1 Higher Consumption of Protein-Rich Meat Such as Pork to Drive Market
11.3.2 Sows
11.3.3 Growers
11.3.4 Starters
Table 73 Swine Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 74 Swine Feed Acidulants Market, by Region, 2023-2028 (USD Million)
Table 75 Swine Feed Acidulants Market, by Swine Type, 2018-2022 (USD Million)
Table 76 Swine Feed Acidulants Market, by Swine Type, 2023-2028 (USD Million)
11.4 Ruminants
11.4.1 Growth in Demand for Quality Milk and Beef Products to be Used in Ruminant Diets
11.4.2 Dairy Cattle
11.4.3 Beef Cattle
11.4.4 Other Ruminants
Table 77 Ruminants Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 78 Ruminants Feed Acidulants Market, by Region, 2023-2028 (USD Million)
Table 79 Ruminants Feed Acidulants Market, by Ruminants Type, 2018-2022 (USD Million)
Table 80 Ruminants Feed Acidulants Market, by Ruminants Type, 2023-2028 (USD Million)
11.5 Aquaculture
11.5.1 Rapid Growth in Aquaculture Industry to Drive Market
Table 81 Aquaculture Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 82 Aquaculture Feed Acidulants Market, by Region, 2023-2028 (USD Million)
11.6 Pets
11.6.1 Increase in Pet Population and High Investment in Quality and Premium Pet Food to Drive Market
Table 83 Pets Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 84 Pets Feed Acidulants Market, by Region, 2023-2028 (USD Million)
11.6.2 Dogs
11.6.3 Cats
11.6.4 Other Pets
Table 85 Pets Feed Acidulants Market, by Pet Type, 2018-2022 (USD Million)
Table 86 Pets Feed Acidulants Market, by Pet Type, 2023-2028 (USD Million)
11.7 Equine
11.7.1 Usage of Feed Acidulants as Efficient Enablers of Animal Feed for Equine to Drive Market
Table 87 Equine Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 88 Equine Feed Acidulants Market, by Region, 2023-2028 (USD Million)
12 Feed Acidulants Market, by Region
12.1 Introduction
Figure 28 Geographic Snapshot
Table 89 Feed Acidulants Market, by Region, 2018-2022 (Kt)
Table 90 Feed Acidulants Market, by Region, 2023-2028 (Kt)
Table 91 Feed Acidulants Market, by Region, 2018-2022 (USD Million)
Table 92 Feed Acidulants Market, by Region, 2023-2028 (USD Million)
12.2 Recession Impact: Feed Acidulants Market
12.2.1 Macro Indicators of Recession
Figure 29 Indicators of Recession
Figure 30 World Inflation Rate: 2011-2021
Figure 31 Global GDP: 2011-2021 (USD Trillion)
Figure 32 Recession Indicators and Their Impact on Feed Acidulants Market
Figure 33 Global Feed Acidulants Market: Earlier Forecast vs Recession Forecast
12.3 North America
Table 93 North America: Feed Acidulants Market, by Country, 2018-2022 (USD Million)
Table 94 North America: Feed Acidulants Market, by Country, 2023-2028 (USD Million)
Table 95 North America: Feed Acidulants Market, by Type, 2018-2022 (Kt)
Table 96 North America: Feed Acidulants Market, by Type, 2023-2028 (Kt)
Table 97 North America: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 98 North America: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
Table 99 North America: Feed Acidulants Market, by Compound, 2018-2022 (USD Million)
Table 100 North America: Feed Acidulants Market, by Compound, 2023-2028 (USD Million)
Table 101 North America: Feed Acidulants Market, by Form, 2018-2022 (USD Million)
Table 102 North America: Feed Acidulants Market, by Form, 2023-2028 (USD Million)
Table 103 North America: Feed Acidulants Market, by Function, 2018-2022 (USD Million)
Table 104 North America: Feed Acidulants Market, by Function, 2023-2028 (USD Million)
Table 105 North America: Feed Acidulants Market, by Animal Type, 2018-2022 (USD Million)
Table 106 North America: Feed Acidulants Market, by Animal Type, 2023-2028 (USD Million)
12.3.1 North America: Recession Impact Analysis
Figure 34 North America: Recession Impact Analysis
12.3.2 US
12.3.2.1 Increased Demand for Protein-Rich Diet to Drive Market
Table 107 US: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 108 US: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.3.3 Mexico
12.3.3.1 Increasing Population of Livestock to Drive Market
Table 109 Mexico: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 110 Mexico: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.3.4 Canada
12.3.4.1 Significant Growth in Livestock Industry Along with Modernization of Dairy Industry to Drive Market
Table 111 Canada: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 112 Canada: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.4 Europe
Table 113 Europe: Feed Acidulants Market, by Country, 2018-2022 (USD Million)
Table 114 Europe: Feed Acidulants Market, by Country, 2023-2028 (USD Million)
Table 115 Europe: Feed Acidulants Market, by Type, 2018-2022 (Kt)
Table 116 Europe: Feed Acidulants Market, by Type, 2023-2028 (Kt)
Table 117 Europe: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 118 Europe: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
Table 119 Europe: Feed Acidulants Market, by Compound, 2018-2022 (USD Million)
Table 120 Europe: Feed Acidulants Market, by Compound, 2023-2028 (USD Million)
Table 121 Europe: Feed Acidulants Market, by Form, 2018-2022 (USD Million)
Table 122 Europe: Feed Acidulants Market, by Form, 2023-2028 (USD Million)
Table 123 Europe: Feed Acidulants Market, by Function, 2018-2022 (USD Million)
Table 124 Europe: Feed Acidulants Market, by Function, 2023-2028 (USD Million)
Table 125 Europe: Feed Acidulants Market, by Animal Type, 2018-2022 (USD Million)
Table 126 Europe: Feed Acidulants Market, by Animal Type, 2023-2028 (USD Million)
12.4.1 Europe: Recession Impact Analysis
12.4.1.1 Europe Recession Impact Analysis
Figure 35 Europe Feed Acidulants Market: Recession Impact Analysis
12.4.2 Spain
12.4.2.1 Increasing Livestock Rearing and Growing Feed Industry to Drive Market
Table 127 Spain: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 128 Spain: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.4.3 France
12.4.3.1 Rise in Domestic Demand for Meat Products and Natural Growth Promoters for Livestock to Drive Market
Table 129 France: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 130 France: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.4.4 Germany
12.4.4.1 Growth of Cattle and Swine Meat Consumption and Adoption of Safe and Healthier Feed Additives to Boost Market
Table 131 Germany: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 132 Germany: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.4.5 UK
12.4.5.1 High Regulatory Framework and Increasing Demand for Nutritious Feed Products to Drive Market
Table 133 UK: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 134 UK: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.4.6 Italy
12.4.6.1 Increase in Usage of Naturally Sourced Additives to Drive Market
Table 135 Italy: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 136 Italy: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.4.7 Rest of Europe
Table 137 Rest of Europe: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 138 Rest of Europe: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.5 Asia-Pacific
Figure 36 Asia-Pacific: Feed Acidulants Market Snapshot
Table 139 Asia-Pacific: Feed Acidulants Market, by Country, 2018-2022 (USD Million)
Table 140 Asia-Pacific: Feed Acidulants Market, by Country, 2023-2028 (USD Million)
Table 141 Asia-Pacific: Feed Acidulants Market, by Type, 2018-2022 (Kt)
Table 142 Asia-Pacific: Feed Acidulants Market, by Type, 2023-2028 (Kt)
Table 143 Asia-Pacific: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 144 Asia-Pacific: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
Table 145 Asia-Pacific: Feed Acidulants Market, by Compound, 2018-2022 (USD Million)
Table 146 Asia-Pacific: Feed Acidulants Market, by Compound, 2023-2028 (USD Million)
Table 147 Asia-Pacific: Feed Acidulants Market, by Form, 2018-2022 (USD Million)
Table 148 Asia-Pacific: Feed Acidulants Market, by Form, 2023-2028 (USD Million)
Table 149 Asia-Pacific: Feed Acidulants Market, by Function, 2018-2022 (USD Million)
Table 150 Asia-Pacific: Feed Acidulants Market, by Function, 2023-2028 (USD Million)
Table 151 Asia-Pacific: Feed Acidulants Market, by Animal Type, 2018-2022 (USD Million)
Table 152 Asia-Pacific: Feed Acidulants Market, by Animal Type, 2023-2028 (USD Million)
12.5.1 Asia-Pacific: Recession Impact Analysis
Figure 37 Asia-Pacific Feed Acidulants Market: Recession Impact Analysis
12.5.2 China
12.5.2.1 High Adoption Rate of Organic Feed Additives by Livestock Rearers to Drive Market
Table 153 China: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 154 China: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.5.3 India
12.5.3.1 Growing Investment in Meat-Protein-based Diet to Drive Market
Table 155 India: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 156 India: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.5.4 Japan
12.5.4.1 Willingness of Livestock Rearers to ADD Organically Sourced Feed Additives to Drive Market
Table 157 Japan: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 158 Japan: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.5.5 Thailand
12.5.5.1 High Competition and Feed Additive Diversification to Drive Market
Table 159 Thailand: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 160 Thailand: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.5.6 Vietnam
12.5.6.1 Increasing Consumption of Meat, Beef, and Pork Together with Growth in Livestock Population to Drive Market
Table 161 Vietnam: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 162 Vietnam: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.5.7 Rest of Asia-Pacific
Table 163 Rest of Asia-Pacific: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 164 Rest of Asia-Pacific: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.6 South America
Figure 38 South America is Projected to Grow at Highest CAGR
Table 165 South America: Feed Acidulants Market, by Country, 2018-2022 (USD Million)
Table 166 South America: Feed Acidulants Market, by Country, 2023-2028 (USD Million)
Table 167 South America: Feed Acidulants Market, by Type, 2018-2022 (Kt)
Table 168 South America: Feed Acidulants Market Size, by Type, 2023-2028 (Kt)
Table 169 South America: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 170 South America: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
Table 171 South America: Feed Acidulants Market, by Compound, 2018-2022 (USD Million)
Table 172 South America: Feed Acidulants Market, by Compound, 2023-2028 (USD Million)
Table 173 South America: Feed Acidulants Market, by Form, 2018-2022 (USD Million)
Table 174 South America: Feed Acidulants Market Size, by Form, 2023-2028 (USD Million)
Table 175 South America: Feed Acidulants Market, by Function, 2018-2022 (USD Million)
Table 176 South America: Feed Acidulants Market, by Function, 2023-2028 (USD Million)
Table 177 South America: Feed Acidulants Market, by Animal Type, 2018-2022 (USD Million)
Table 178 South America: Feed Acidulants Market, by Animal Type, 2023-2028 (USD Million)
12.6.1 South America: Recession Impact Analysis
Figure 39 South America Feed Acidulants Market: Recession Impact Analysis
12.6.2 Brazil
12.6.2.1 Growing Health Awareness About Technical and Clinical Benefits of Feed Acidulants to Drive Growth
Table 179 Brazil: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 180 Brazil: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.6.3 Argentina
12.6.3.1 Significant Rise in Production of Meat to Drive Growth
Table 181 Argentina: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 182 Argentina: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.6.4 Rest of South America
Table 183 Rest of South America: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 184 Rest of South America: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.7 Rest of the World (RoW)
Table 185 RoW: Feed Acidulants Market, by Country, 2018-2022 (USD Million)
Table 186 RoW: Feed Acidulants Market, by Country, 2023-2028 (USD Million)
Table 187 RoW: Feed Acidulants Market, by Type, 2018-2022 (Kt)
Table 188 RoW: Feed Acidulants Market, by Type, 2023-2028 (Kt)
Table 189 RoW: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 190 RoW: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
Table 191 RoW: Feed Acidulants Market, by Compound, 2018-2022 (USD Million)
Table 192 RoW: Feed Acidulants Market, by Compound, 2023-2028 (USD Million)
Table 193 RoW: Feed Acidulants Market, by Form, 2018-2022 (USD Million)
Table 194 RoW: Feed Acidulants Market, by Form, 2023-2028 (USD Million)
Table 195 RoW: Feed Acidulants Market, by Function, 2018-2022 (USD Million)
Table 196 RoW: Feed Acidulants Market, by Function, 2023-2028 (USD Million)
Table 197 RoW: Feed Acidulants Market, by Animal Type, 2018-2022 (USD Million)
Table 198 RoW: Feed Acidulants Market, by Animal Type, 2023-2028 (USD Million)
12.7.1 RoW: Recession Impact Analysis
12.7.2 Africa
12.7.2.1 Growing Livestock Population and Rising Demand for Better Quality Meat and Dairy Products to Drive Market
Table 199 Africa: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 200 Africa: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
12.7.3 Middle East
12.7.3.1 Rising Demand to Improve Feed Efficiency to Meet Growing Meat Consumption
Table 201 Middle East: Feed Acidulants Market, by Type, 2018-2022 (USD Million)
Table 202 Middle East: Feed Acidulants Market, by Type, 2023-2028 (USD Million)
13 Competitive Landscape
13.1 Overview
13.2 Segmental Revenue Analysis of Key Players
Figure 40 Segmental Revenue Analysis of Key Players in the Market, 2017-2021 (USD Billion)
13.3 Strategies Adopted by Key Players
13.4 Market Share Analysis, 2022
Table 203 Feed Acidulants Market: Degree of Competition (Competitive), 2021
13.5 Company Evaluation Quadrant (Key Players)
13.5.1 Stars
13.5.2 Emerging Leaders
13.5.3 Pervasive Players
13.5.4 Participants
Figure 41 Feed Acidulants Market: Company Evaluation Quadrant, 2022 (Key Players)
13.5.5 Product Footprint
Table 204 Company Type Footprint
Table 205 Company Animal Type Footprint
Table 206 Company Regional Footprint
Table 207 Overall Company Footprint
13.6 Startups/SMEs Evaluation Quadrant (Other Players)
13.6.1 Progressive Companies
13.6.2 Starting Blocks
13.6.3 Responsive Companies
13.6.4 Dynamic Companies
Figure 42 Feed Acidulants Market: Company Evaluation Quadrant, 2022 (Other Players)
13.6.5 Competitive Benchmarking of Key Startups/SMEs
Table 208 Feed Acidulants Market: Detailed List of Key Startups/SMEs
Table 209 Feed Acidulants Market: Competitive Benchmarking of Key Startups/SMEs
13.7 Competitive Scenario
13.7.1 Product Launches
Table 210 Product Launches, October 2020-September 2022
13.7.2 Deals
Table 211 Deals, October 2020-January 2023
13.7.3 Others
Table 212 Others, January 2020-May 2022
14 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View)*
14.1 Key Players
14.1.1 BASF SE
Table 213 BASF SE- Business Overview
Figure 43 BASF SE: Company Snapshot
Table 214 BASF SE: Product Launches
Table 215 BASF SE: Deals
14.1.2 Yara
Table 216 Yara- Business Overview
Figure 44 Yara: Company Snapshot
14.1.3 Eastman Chemical Company
Table 217 Eastman Chemical Company- Business Overview
Figure 45 Eastman Chemical Company: Company Snapshot
Table 218 Eastman Chemical Company: Deals
14.1.4 DSM
Table 219 DSM: Business Overview
Figure 46 DSM: Company Snapshot
Table 220 DSM: Deals
Table 221 DSM: Others
14.1.5 Corbion
Table 222 Corbion: Business Overview
Figure 47 Corbion: Company Snapshot
14.1.6 Perstorp
Table 223 Perstorp: Business Overview
Figure 48 Perstorp: Company Snapshot
Table 224 Perstorp: Deals
14.1.7 Kemin Industries, Inc.
Table 225 Kemin Industries, Inc.- Business Overview
Table 226 Kemin Industries, Inc.: Deals
Table 227 Kemin Industries, Inc.: Others
14.1.8 Peterlabs Holdings Berhad
Table 228 Peterlabs Holdings Berhad: Business Overview
Figure 49 Peterlabs Holdings Berhad: Company Snapshot
14.1.9 Anpario PLC
Table 229 Anpario PLC.: Business Overview
Figure 50 Anpario PLC.: Company Snapshot
14.1.10 Titan Biotech
Table 230 Titan Biotech: Business Overview
Figure 51 Titan Biotech: Company Snapshot
14.1.11 Pancosma
Table 231 Pancosma: Business Overview
14.1.12 Jefo
Table 232 Jefo: Business Overview
Table 233 Jefo: Others
14.1.13 Addcon GmbH
Table 234 Addcon GmbH: Business Overview
Table 235 Addcon GmbH: New Product Launches
Table 236 Addcon GmbH: Deals
14.1.14 Novus International
Table 237 Novus International: Business Overview
Table 238 Novus International: Deals
14.1.15 Impextraco Nv
Table 239 Impextraco Nv: Business Overview
14.2 Other Players
14.2.1 Bentoli
Table 240 Bentoli: Business Overview
14.2.2 Hamburg Fructose GmbH
Table 241 Hamburg Fructose GmbH: Business Overview
14.2.3 Mosselman
Table 242 Mosselman: Business Overview
14.2.4 Nutrex
Table 243 Nutrex: Business Overview
Table 244 Nutrex: Deals
Table 245 Nutrex: Others
14.2.5 Oxiris Chemicals SA
Table 246 Oxiris Chemicals SA: Business Overview
14.2.6 Prathista Industries Limited
Table 247 Prathista Industries Limited: Business Overview
14.2.7 Trouw Nutrition
Table 248 Trouw Nutrition: Business Overview
14.2.8 Prakash Chemicals Agencies Private Limited
Table 249 Prakash Chemicals Agencies Private Limited: Business Overview
14.2.9 Vizag Chemical
Table 250 Vizag Chemical: Business Overview
14.2.10 H K Enzymes and Biochemicals Pvt Ltd.
Table 251 H K Enzymes and Biochemicals Pvt Ltd.: Business Overview
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
15 Adjacent and Related Markets
15.1 Introduction
Table 252 Adjacent Markets
15.2 Research Limitations
15.3 Phytogenic Feed Additives Market
15.3.1 Market Definition
15.3.2 Market Overview
Table 253 Phytogenic Feed Additives Market, by Livestock, 2018-2025 (USD Million)
15.4 Feed Enzymes Market
15.4.1 Market Definition
15.4.2 Market Overview
Table 254 Feed Enzymes Market, by Livestock, 2018-2025 (USD Million)
16 Appendix
16.1 Discussion Guide
Executive Summary
Companies Mentioned
- Addcon GmbH
- Anpario PLC
- BASF SE
- Bentoli
- Corbion
- DSM
- Eastman Chemical Company
- Hamburg Fructose GmbH
- Impextraco Nv
- Jefo
- Kemin Industries, Inc.
- Mosselman
- Novus International
- Nutrex
- Oxiris Chemicals SA
- Pancosma
- Perstorp
- Peterlabs Holdings Berhad
- Prakash Chemicals Agencies Private Limited
- Prathista Industries Limited
- Titan Biotech
- Trouw Nutrition
- Vizag Chemical
- Yara
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 214 |
| Published | March 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 3.4 Billion |
| Forecasted Market Value ( USD | $ 4.7 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 24 |
