Feed Acidulants Market 2020 Industry Size, Share and Global Growth Analysis and Forecast 2026
The global feed acidulants market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global feed acidulants market includes by type (citric acid, lactic acid, acetic acid, malic acid, phosphoric acid, others), by form (dry, liquid), by application (beverages, dairy & frozen, meat industry, bakery, others), function (pH control, feed efficiency, flavor, others), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
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Acidulants are chemical compounds that confer a tart, sour, or acidic flavor to foods. They differ from acidity regulators, which are food additives intended to modify the stability of food or enzymes within it. Typical acidulants are acetic acid (e.g. in pickles) and citric acid.
Increasing demand for protein-rich livestock feed and health consciousness among consumers are major factors driving the Feed Acidulants market across the globe. However, ill health effects associated with inorganic acidulants during manufacturing process are some of the significant factors hindering the growth of the market.
The global feed acidulants market is primarily segmented by type, form, function, application, and region.
On the basis of type, the market is split into:
* Citric Acid
* Lactic Acid
* Acetic Acid
* Malic Acid
* Phosphoric Acid
* Others
Based on form, the market is divided into:
* Dry
* Liquid
Based on the function, the market is segmented into:
* pH Control
* Feed Efficiency
* Flavor
* Others
Based on the application, the market is segmented into:
* Beverages
* Dairy & Frozen
* Meat Industry
* Bakery
* Others
Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia
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Key Market Players:
The key players profiled in the market include:
* BASF SE
* Yara International ASA
* Kemin Industries, Inc.
* Kemira OYJ
* Perstorp Holding AB
* Biomin Holding GmbH
* Peterlabs Holdings Berhad
* Jefo Nutrition, Inc.
* Pancosma SA
* Nutrex NV
* Addcon Group GmbH
* Anpario PLC
* Novus International, Inc.
* Corbion NV
* Impextraco NV
* Tate & Lyle Plc
* Jungbunzlauer Suisse AG
* Cargill, Incorporated
* Hawkins Watts Limited
* Bartek Ingredients Inc.
* Archer Daniels Midland Company
* Brenntag North America, Inc.
* Thirumalai Chemicals Ltd.
* The Chemical Company
These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their applications across the globe.
Key Benefits of the Report:
* Global, regional, country, product type, application, function, and form market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, product type, application, function, and form with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of feed acidulants
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Target Audience:
* Feed Acidulants manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes