MarketResearch.biz delivers in-depth insights on the global feed acidifiers market in its upcoming report titled, “Global Feed Acidifiers Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global feed acidifiers market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global feed acidifiers market report has been segmented on the basis of type, form, compound, livestock, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Acidifiers are organic acids that act as preserving agents and control growth of pathogenic intestinal micro-organisms, owing to which they are widely used in food industry. Acidifiers are used to improve nutrient digestibility, lower intestinal pH, control growth of pathogenic bacteria, etc.
Rising demand for meat and dairy products with high nutrition value is a major factor driving growth of the global feed acidifiers market. However, high cost of feed acidifiers is a key factor restraining growth of global feed acidifiers market. In addition, availability of substitutes is another factor hampering growth of the global market. New techniques such as encapsulation of feed acidifiers is expected to create lucrative opportunities in terms of revenue for major players in the global feed acidifiers market over the forecast period.
The market in Asia Pacific accounts for highest revenue share as compared to that of other regional markets and is expected to maintain its dominance over the forecast period. This dominance can be attributed to increasing demand for livestock feed with rich nutrients in countries in this region. The Europe market account for significant revenue share in the global feed acidifiers market. The market in North America is projected to register significant growth in terms of revenue during the forecast period, followed by Latin America market.
Market segmentation and key players operating in the global feed acidifiers market:
Segmentation on the basis of type:
- Propionic acid
- Formic acid
- Lactic acid
- Citric acid
- Malic acid
- Sorbic acid
- Others (fumaric acid, tartaric acid, butyric acid, acetic acid, and benzoic acid)
Segmentation on the basis of form:
Segmentation on the basis of compound:
Segmentation on the basis of livestock:
- Others (equine and pets)
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BIOMIN Holding GmbH
- BASF SE
- Perstorp Holding AB
- Yara International ASA
- Kemin Industries, Inc.
- ADDCON GmbH
- NOVUS INTERNATIONAL
- Corbion N.V.
- Impextraco NV
- Anpario PLC
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