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.
The market for feed acidulants is projected to grow from USD 2.7 billion in 2018 to USD 3.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period.
The market for feed acidulants is projected to grow from USD 2.7 billion in 2018 to USD 3.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period.
The market for feed acidulants is projected to grow from USD 2.7 billion in 2018 to USD 3.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period.
Feed acidulants is widely used in dry form. Dry feed is available in the form of pellets, powder, and crumbles. It is a largely produced and consumed, globally.
Feed acidulants is widely used in dry form. Dry feed is available in the form of pellets, powder, and crumbles. It is a largely produced and consumed, globally.
Asia Pacific is the major revenue generating region in the feed acidulants market, the region is experiencing higher developments in the feed production and feed additives.
With the rapid economic growth in the region, the demand for meat and dairy products is projected to increase, particularly in countries such as China, India, Japan, and Thailand for both domestic consumption as well as exports.
The major vendors in the global feed acidulants market are BASF SE (Germany), Yara International ASA (Norway), Kemin Industries Inc. (US), Kemira OYJ (Finland), and Biomin Holding GmbH (Austria). Impextraco NV (Belgium) etc.