Formic acid is a colorless liquid and remains soluble in water in almost all proportions.This characteristic of the acidifier enables its proper mixing in animal feed, thereby allowing consistent feed formulation.
This report contains market size and forecasts of Feed Acidulants in global, including the following market information:
Global Feed Acidulants Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Feed Acidulants Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Feed Acidulants companies in 2021 (%)
The global Feed Acidulants market was valued at 2489 million in 2021 and is projected to reach US$ 3237.6 million by 2028, at a CAGR of 3.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Propionic Acid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Feed Acidulants include BASF, Yara International, Kemin Industries, Kemira OYJ, Biomin Holding GmbH, Impextraco, Pancosma, Nutrex and Perstorp Holding, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Feed Acidulants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Feed Acidulants Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Feed Acidulants Market Segment Percentages, by Type, 2021 (%)
Propionic Acid
Formic Acid
Citric Acid
Lactic Acid
Sorbic Acid
Other
Global Feed Acidulants Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Feed Acidulants Market Segment Percentages, by Application, 2021 (%)
Pig
Cow
Poultry
Other
Global Feed Acidulants Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Feed Acidulants Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Feed Acidulants revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Feed Acidulants revenues share in global market, 2021 (%)
Key companies Feed Acidulants sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Feed Acidulants sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
Yara International
Kemin Industries
Kemira OYJ
Biomin Holding GmbH
Impextraco
Pancosma
Nutrex
Perstorp Holding
Novus International
Jefo Nutrition
Anpario
Corbion
ADDCON Group
Peterlabs Holding