The global market for Feed Acidulants is estimated at US$3.3 Billion in 2023 and is projected to reach US$4.4 Billion by 2030, growing at a CAGR of 4.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the feed acidulants market is driven by several factors, including regulatory changes that restrict antibiotic use in livestock, which has shifted industry preferences towards alternative growth promoters such as acidulants. Technological advancements in feed production and formulation have also played a crucial role in this shift by enhancing the efficacy and stability of acidulants under a wide range of feed processing conditions. Consumer behavior is another major driver, with increasing demand for ethically produced and antibiotic-free meat products pushing the industry towards natural additives and health enhancers like acidulants. Additionally, the ongoing research into animal nutrition and gut health continues to uncover benefits of feed acidulants, further bolstering their use in animal feed. Economic factors, such as the cost-effectiveness of acidulants compared to traditional feed additives, also contribute to their growing popularity, ensuring that they remain a staple in the pursuit of sustainable and productive animal farming practices.
The growth in the feed acidulants market is driven by several factors, including regulatory changes that restrict antibiotic use in livestock, which has shifted industry preferences towards alternative growth promoters such as acidulants. Technological advancements in feed production and formulation have also played a crucial role in this shift by enhancing the efficacy and stability of acidulants under a wide range of feed processing conditions. Consumer behavior is another major driver, with increasing demand for ethically produced and antibiotic-free meat products pushing the industry towards natural additives and health enhancers like acidulants. Additionally, the ongoing research into animal nutrition and gut health continues to uncover benefits of feed acidulants, further bolstering their use in animal feed. Economic factors, such as the cost-effectiveness of acidulants compared to traditional feed additives, also contribute to their growing popularity, ensuring that they remain a staple in the pursuit of sustainable and productive animal farming practices.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Propionic Acid segment, which is expected to reach US$1.8 Billion by 2030 with a CAGR of a 4.1%. The Formic Acid segment is also set to grow at 5.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $898.8 Million in 2023, and China, forecasted to grow at an impressive 7.0% CAGR to reach $888.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Feed Acidulants Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Feed Acidulants Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Feed Acidulants Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Advance Aqua Biotechnologies India Pvt. Ltd. (AABT), Ajinomoto Health & Nutrition North America, Inc., Balchem Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 61 Featured):
- Advance Aqua Biotechnologies India Pvt. Ltd. (AABT)
- Ajinomoto Health & Nutrition North America, Inc.
- Balchem Corporation
- BASF SE
- Biofarm Oy
- Cibus Animal Nutrition Ltd.
- Danisco Animal Nutrition & Health (IFF)
- Eastman Chemical Company
- Erafeed Sdn. Bhd.
- Evonik Industries AG
- General Milling Corporation
- Global Bio-Chem Technology Group Co., Ltd.
- Godrej Agrovet Limited
- METEX NØØVISTAGO
- Orffa International Holding BV;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Advance Aqua Biotechnologies India Pvt. Ltd. (AABT)
- Ajinomoto Health & Nutrition North America, Inc.
- Balchem Corporation
- BASF SE
- Biofarm Oy
- Cibus Animal Nutrition Ltd.
- Danisco Animal Nutrition & Health (IFF)
- Eastman Chemical Company
- Erafeed Sdn. Bhd.
- Evonik Industries AG
- General Milling Corporation
- Global Bio-Chem Technology Group Co., Ltd.
- Godrej Agrovet Limited
- METEX NØØVISTAGO
- Orffa International Holding BV;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 499 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 3.3 Billion |
Forecasted Market Value ( USD | $ 4.4 Billion |
Compound Annual Growth Rate | 4.2% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |