LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global feed acidulants market and the market is poised to grow by USD 826.41 million during 2020-2024 at a CAGR of over 5% during the forecast period. Request Free Sample Pages
Read the 151-page research report with TOC on "Feed Acidulants Market Analysis Report by Geography (APAC, Europe, MEA, North America, and South America), by Animal Type (Poultry, Ruminant, Swine, Aquaculture, and Others), and Segment Forecasts, 2020-2024".
The rise in disease outbreaks in livestock and adoption of new technologies is anticipated to boost the growth of the market.
Disease outbreaks in livestock not only lead to poor health and loss of animals but also impact meat production and the consumption and sale of animal feed. This is encouraging market vendors to add additives such as probiotics, acidulants, antioxidants, enzymes, and vitamins in livestock feed to prevent the outbreak of disease. The use of acidulants and natural growth promoters (NGP) in feed improve the nutritional quality of feed and promote overall feed absorption and assimilation. This is expected to drive market growth during the forecast period.
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Major Five Feed Acidulants Market Companies:
Anpario Plc is headquartered in the UK and operates the business under various segments such as Health & Performance, Toxin Management, Feed Quality, and Hygiene & Insect Control. The company manufacturers Acid Based Eubiotic (ABE) developed for poultry.
BASF SE is headquartered in Germany and offers products through the following business units: Functional Materials and Solutions, Performance Products, Chemicals, Agricultural Solutions, and Other. The company manufacturers feed acidulants such as citric acid, propionic acid, and formic acid.
BIOMIN Holding GmbH
BIOMIN Holding GmbH is headquartered in Austria and operates under various business segments, namely Mycotoxin Deactivation, Gut Performance Management, and Feeding Solutions. The company offers feed acidulants for various species such as aquaculture, ruminants, pigs, and poultry.
Corbion NV is headquartered in the Netherlands and offers products through the following business segments: Ingredient Solutions and Innovation Platforms. The company offers lactic-acid based solutions to improve the performance of farm animals.
Impextraco NV is headquartered in Belgium and offers products through the following business segments: Animal Protection and Enhancing Animals. The company offers feed acidulants for various species such as ruminants, swines, and poultry.
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Feed Acidulants Animal Type Outlook (Revenue, USD Million, 2020-2024)
Feed Acidulants Regional Outlook (Revenue, USD Million, 2020-2024)
- North America
- South America
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