Feed Acidulants Market

Feed Acidulants Market by Type (Propionic Acid, Formic Acid, Citric Acid, Lactic Acid, Sorbic Acid, Malic Acid, and Acetic Acid), Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets, and Equine), Compound, Form and Region - Global Forecast to 2028

Report Code: AGI 6854 Mar, 2023, by marketsandmarkets.com

[269 Pages Report] The global feed acidulants market is estimated to be valued at USD 3.4 billion in 2023. It is projected to reach USD 4.7 billion by 2028, recording a CAGR of 6.2% during the forecast period. Feed acidulants have gained immense popularity in recent years due to their numerous benefits for animal health and productivity. These acidulants are added to animal feed to reduce the pH level and create a more acidic environment in the gut. This, in turn, improves nutrient absorption, enhances digestive efficiency, and prevents the growth of harmful bacteria, resulting in better animal health and performance. The global feed acidulants market is expected to grow at a significant pace in the coming years, owing to several factors that are driving the demand for these additives.

Feed Acidulants Market

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Market Dynamics

Drivers: High threat of disease in livestock

The high threat of disease in livestock has been a major driving force behind the growth of the feed acidulants market. Livestock are susceptible to a range of diseases, including bacterial infections, viral infections, and parasitic infestations, which can result in significant economic losses for farmers and the wider agricultural industry. Feed acidulants are effective in reducing the risk of disease in livestock by creating a more acidic environment in the gut, which can inhibit the growth of harmful microorganisms. This has led to increased demand for feed acidulants as a preventative measure to protect livestock health and improve productivity. The feed acidulants market is expected to continue to grow as farmers seek new ways to improve animal health and welfare and ensure the safety and quality of animal products for consumers.

Restraints: Increasing prices of feed acidulants

The feed acidulants market has been experiencing steady growth over the past few years, driven by the increasing demand for animal protein and the need to improve feed efficiency and animal health. However, one major factor that is limiting the growth of this market is the rising prices of feed acidulants. Feed acidulants are widely used in animal feed to promote digestion and prevent the growth of harmful bacteria in the gut. They are typically made from organic acids such as formic acid, propionic acid, and lactic acid. However, the prices of these acids have been steadily increasing due to several factors, including raw material costs, transportation costs, and regulatory pressures. As a result, the cost of feed acidulants has risen significantly, which has made it more difficult for farmers to afford them. This has led to a slowdown in the growth of the feed acidulants market, as many farmers are now looking for alternative solutions that are more cost-effective.

Opportunities: Innovation in encapsulation used in feed acidulants

The encapsulation process presents significant opportunities for the feed acidulants market, as it offers several benefits such as improved stability, controlled release, and targeted delivery. Encapsulation is the process of enclosing a substance within a protective shell or coating, which can protect the substance from degradation or damage and control its release. In the feed acidulants market, encapsulation can be used to protect organic acids from degradation in the feed or gut and to deliver them more effectively to the target site. This can improve the efficacy of the acidulants, reduce dosage requirements, and lower overall costs.

Challenges: Efficacy maintenance in feed acidulants

The major challenge in maintaining the efficacy of feed acidulants is their susceptibility to degradation in the feed or gut. Organic acids such as formic acid, propionic acid, and lactic acid can be rapidly degraded by microbial activity in the gut, which can reduce their effectiveness in controlling bacterial growth and promoting digestion. This can result in reduced animal performance and increased susceptibility to disease. To maintain the efficacy of feed acidulants, it is important to optimize their dosage and delivery methods and to ensure that they are protected from degradation in the feed or gut. Overall, addressing the challenge of maintaining the efficacy of feed acidulants is crucial for ensuring their continued use in animal feed and improving animal health and performance.

Feed Acidulants Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers of feed acidulants. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Prominent companies in this market are Yara (Norway), Eastman Chemical Company(US), Corbion (Netherlands), BASF (Germany), and DSM (Netherlands).

Feed Acidulants Market  Size, and Share

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Formic acid by type in the feed acidulants market is projected to grow at the highest CAGR during the forecast period

The market growth of formic acids used as feed acidulants has been increasing in recent years. Formic acid is a widely used feed acidulant that has been shown to have a positive effect on animal health and performance. It is a strong acid that can reduce the pH in the gut, inhibiting the growth of harmful bacteria and improving feed digestion. Formic acid can also enhance nutrient absorption, reduce the incidence of diarrhea and respiratory diseases, and improve feed conversion efficiency. Factors influencing the market growth of formic acid in the feed acidulants market include its increasing demand from the poultry industry, as well as its proven efficacy and cost-effectiveness.

Feed efficiency by function segment is estimated to be the second largest segment over the forecasted period

The feed efficiency function of feed acidulants is a key factor driving the growth of the feed acidulants market. Feed acidulants can help improve feed efficiency by promoting digestion and nutrient absorption, reducing the incidence of gastrointestinal disorders, and enhancing the microbial balance in the gut. This can lead to improved animal performance, higher growth rates, and better feed conversion ratios. Improved feed efficiency is particularly important in the livestock industry, as it can help reduce feed costs and increase profitability.

Feed Acidulants Market  Size, and Share

Asia Pacific is projected to be the largest region in the feed acidulants market, in 2022; it is anticipated to grow at a significant CAGR

Government funds and initiatives are playing a significant role in driving the growth of the feed acidulants market in the Asia Pacific. Governments in the region are investing in research and development programs to improve the efficacy and safety of feed acidulants and to promote their use in animal feed. The aim is to improve animal health and welfare, reduce the environmental impact of livestock production, and enhance the sustainability of the industry.

In China, the Ministry of Agriculture and Rural Affairs has established research centers to promote the development of new feed additives, while in India, the government has set up a task force to study the use of feed additives in animal feed. In addition, regulations and standards have been introduced in many countries to ensure the safety and efficacy of feed acidulants, and to promote their use in animal feed. Overall, government funds and initiatives are expected to continue to support the growth of the feed acidulants market in Asia Pacific, by promoting research and development, encouraging innovation, and improving the sustainability and competitiveness of the industry.

Key Market Players

The key players in this market include BASF SE (Germany), Yara (Norway), Eastman Chemical Company (US), DSM (Netherlands), Corbion (Netherlands), and Perstorp (Sweden).

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Scope of the Report

Report Metric

Details

Market size available for years

2018–2028

Base year considered

2022

Forecast period considered

2023–2028

Units considered

Value (USD), Volume (KT)

Segments covered

 

By type, compound, form, function, animal type, and region 

Regions covered

North America, Asia Pacific, Europe, South America, and RoW

Companies studied

 

  • 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)

This research report categorizes the feed acidulants market, based on type, form, compound, function, animal type, and region

By Type
  • Propionic acid
  • Formic acid
  • Citric acid
  • Lactic acid
  • Sorbic acid
  • Malic acid
  • Acetic acid
  • Other Types
By Compound
  • Blended Compound
  • Single Compound
By Form
  • Dry
  • Liquid
By Function
  • pH Control
  • Feed efficiency
  • Flavor
By Animal Type
  • Poultry
    • Broilers
    • Layers
    • Breeders
  • Swine
    • Starters
    • Growers
    • Sows
  • Ruminants
    • Dairy Cattle
    • Beef Cattle
    • Other ruminants
  • Pets
    • Dogs
    • Cats
    • Other pets
  • Aquaculture
  • Equine
By Region
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (RoW)

Recent Developments

  • In May 2022, Kemin Industries, Inc. (US) expanded the company’s presence in Mexico and Central American regions by opening new offices and a distribution center in Mexico based in Guadalajara, Jalisco.
  • In November 2020, DSM (Netherlands) strengthened its geographical footprint in the South Asian market by opening a new facility in China. The expansion was done to promote and sell their animal nutrition & health products.
  • In October 2020, ADDCON GmbH (Germany) launched AQUAFORM 3G in Ecuador. This helped the company to further strengthen its acidifier portfolio in aquaculture and gain more market share in Ecuador.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 33)
    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 (Page No. - 39)
    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 (Page No. - 48)
    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 (Page No. - 53)
    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 (Page No. - 57)
    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 wellness of 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 (Page No. - 63)
    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 (Page No. - 82)
    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 (Page No. - 99)
    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 (Page No. - 104)
    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 (Page No. - 108)
     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 (Page No. - 114)
     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 (Page No. - 127)
     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 (Page No. - 190)
     13.1 OVERVIEW 
     13.2 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 
               FIGURE 40 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN 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 (Page No. - 207)
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM 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 S.A.
                       TABLE 246 OXIRIS CHEMICALS S.A.: 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, MNM view might not be captured in case of unlisted companies.
 
15 ADJACENT AND RELATED MARKETS (Page No. - 257)
     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 (Page No. - 260)
     16.1 DISCUSSION GUIDE 
     16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     16.3 CUSTOMIZATION OPTIONS 
     16.4 RELATED REPORTS 
     16.5 AUTHOR DETAILS 

 

The study involved four major activities in estimating the current size of the feed acidulants market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Secondary sources referred to for this research study include financial statements of companies offering feed acidulants and information from various trade, business, and professional associations. The secondary data was collected and analyzed to arrive at the overall size of the feed acidulants market, which was validated by the primary respondent.

Primary Research

In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side included industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the feed acidulants market.

Feed Acidulants Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

  • Both the top-down and bottom-up approaches were used to estimate and validate the total size of the feed acidulants market. These methods were also used extensively to estimate the size of the various subsegments in the market. The research methodology used to estimate the market size includes the following:
  • The key players in the industry and market have been identified through extensive secondary research.
  • The revenues of major feed acidulants-based food and feed manufacturers were determined through primary and secondary research, such as paid databases, which were used as the basis for market estimation.
  • All macroeconomic and microeconomic factors affecting the growth of the feed acidulants market were considered while estimating the market size.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.

Market Size Estimation Methodology: Bottom-Up Approach

Feed Acidulants Market  Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Market Size Estimation Methodology: Top-Down Approach

Feed Acidulants Market  Size, and Share

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using the top-down and bottom-up approaches.

Market Definition

  • Feed acidulants are compounds that have acidic properties and are mixed in feed. These acidulants help regulate the pH value of the feed and promote a healthy gut while improving its growth. Feed acidulants are combined with basic feed mix/ration to help with livestock weight gain, improvement in feed digestion, prevention of diseases, and to enable the conversion of feed into nutrients. 

Key Stakeholders

  • Regulatory bodies
  • World Health Organization (WHO)
  • American Feed Industry Association (AFIA)
  • European Feed Manufacturers' Federation (FEFAC)
  • EU Association of Specialty Feed Ingredients and their Mixtures (FEFNA)
  • International Feed Industry Federation (IFIF)
  • Government agencies
  • Intermediary suppliers such as traders, distributors, and suppliers of feed acidulants and feed
  • Feed manufacturers & suppliers
  • Associations and industry bodies
  • Feed acidulant manufacturers and suppliers
  • Feed acidulant traders and distributors
  • Commercial research & development (R&D) institutions
  • Government and research organizations
  • Technology providers to feed acidulant companies

Report Objectives

  • To define, segment, and project the global market for feed acidulants on the basis of type, form, compound, function, animal type, and region
  • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To project the size of the market and its submarkets, in terms of value and volume, with respect to the regions (along with the key countries)
  • To strategically profile the key players and comprehensively analyze their market position and core competencies
  • To analyze the competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & developments in the feed acidulants market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

  • Further breakdown of the Rest of Europe region for feed acidulants market into Russia, Belgium, the Netherlands, and Denmark.
  • Further breakdown of the Asia Pacific region for feed acidulants market into Indonesia, Australia, South Korea, Singapore, and Malaysia.  
  • Further breakdown of other countries in the South American region for feed acidulants market into Colombia, Peru, Chile, and Venezuela.
  • Further breakdown of other countries in the RoW market for feed acidulants market into Middle East and Africa.

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Mar, 2023
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