Feed Acidulant Market Report: Trends, Forecast and Competitive Analysis to 2030

Feed Acidulant Trends and Forecast

The future of the global feed acidulant market looks promising with opportunities in the pH control, feed efficiency, and flavor markets. The global feed acidulant market is expected to reach an estimated $5.0 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are high risk of illnesses in animals, rising levels of dairy and meat intake, and increasing government aids or funds to promote wellness of feed industry.

A more than 150-page report is developed to help in your business decisions.

Feed Acidulant by Segment

The study includes a forecast for the global feed acidulant by type, compound, form, function, and region.

Feed Acidulant Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Propionic Acid
• Formic Acid
• Citric Acid
• Lactic Acid
• Sorbic Acid
• Malic Acid
• Acetic Acid
• Others

Feed Acidulant Market by Compound [Shipment Analysis by Value from 2018 to 2030]:

• Blended Compound
• Single Compound

Feed Acidulant Market by Form [Shipment Analysis by Value from 2018 to 2030]:

• Dry
• Liquid

Feed Acidulant Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• PH Control
• Feed Efficiency
• Flavor

Feed Acidulant Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Feed Acidulant Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies feed acidulant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the feed acidulant companies profiled in this report include-

• BASF
• Yara
• Eastman Chemical Company
• DSM
• Corbion
• Perstorp
• Kemin
• Peterlabs
• Anpario
• Titan Biotech

Feed Acidulant Market Insights

Lucintel forecasts that formic acid is expected to witness the highest growth over the forecast period because it is a common feed acidulant that has been found to improve animal health and performance.

APAC will remain the largest region over the forecast period because of enhanced advancements in feed additives and production, the demand for meat and dairy products is predicted to increase owing to the region's strong economic expansion, especially in China, India, Japan, and Thailand for both local consumption and exports.

Features of the Global Feed Acidulant Market

Market Size Estimates: Feed acidulant market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Feed acidulant market size by various segments, such as by type, compound, form, function, and region in terms of value ($B).

Regional Analysis: Feed acidulant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, compound, form, function, and regions for the feed acidulant market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the feed acidulant market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the feed acidulant market size?

Answer: The global feed acidulant market is expected to reach an estimated $5.0 billion by 2030.

Q1. What is the growth forecast for feed acidulant market?

Answer: The global feed acidulant market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the feed acidulant market?

Answer: The major drivers for this market are high risk of illnesses in animals, rising levels of dairy and meat intake, and increasing government aids or funds to promote wellness of feed industry.

Q3. What are the major segments for feed acidulant market?

Answer: The future of the global feed acidulant market looks promising with opportunities in the pH control, feed efficiency, and flavor markets.

Q4. Who are the key feed acidulant market companies?

Answer: Some of the key feed acidulant companies are as follows.

• BASF
• Yara
• Eastman Chemical Company
• DSM
• Corbion
• Perstorp
• Kemin
• Peterlabs
• Anpario
• Titan Biotech

Q5. Which feed acidulant market segment will be the largest in future?

Answer: Lucintel forecasts that formic acid is expected to witness the highest growth over the forecast period because it is a common feed acidulant that has been found to improve animal health and performance.

Q6. In feed acidulant market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period because of enhanced advancements in feed additives and production, the demand for meat and dairy products is predicted to increase owing to the region's strong economic expansion, especially in China, India, Japan, and Thailand for both local consumption and exports.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the feed acidulant market by type (propionic acid, formic acid, citric acid, lactic acid, sorbic acid, malic acid, acetic acid, and others), compound (blended compound and single compound), form (dry and liquid), function (ph control, feed efficiency, and flavor), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?