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.
We 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 (%)
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
