Press release
Feed Acidulants Market Generating Revenue of $8.46 Billion By 2032, At a Booming 5.30% Growth Rate
According to our latest analysis, the market for feed acidulants is anticipated to witness a compound annual growth rate of 5.30% over the forecast period. The rising demand for high-quality animal products is the primary factor driving the market growth. Besides, the surging emphasis on safety and quality in animal-derived products is supporting the industry's expansion.๐๐ฒ๐ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐ฎ๐ด๐ฒ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ @ https://www.polarismarketresearch.com/industry-analysis/feed-acidulants-market/request-for-sample
๐ง๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ฑ๐ฑ๐ฟ๐ฒ๐๐๐ฒ๐:
โข The global feed acidulants market was valued at USD 5.34 billion in 2023 and is expected to grow to USD 8.46 billion by 2032.
โข The industry is poised to witness a CAGR of 5.30% over the forecast period.
โข The market for feed acidulants is primarily segmented based on type, livestock, and region.
โข North America emerged as the largest market contributor in the industry.
๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
Over the past few years, improved animal nutrition has become crucial owing to the growing adoption of intensive farming practices and improved animal nutrition. Feed acidulants, which are chemical compounds added to animal feeds, help achieve the goal of enhanced nutrition in animals. Made from organic acids such as lactic acid and formic acid, these acidulants promote digestion and thwart the growth of harmful bacteria in the gut. They do this by lowering the stomach's pH levels and fostering an environment that's favorable for good bacteria growth. Along with that, feed acidulants help improve the general health of animals. With improved digestion and food absorption, animals become healthier and more productive.
๐๐๐ ๐ก๐ผ๐ ๐ง๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ @ https://www.polarismarketresearch.com/buy/2884/2
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐น ๐๐ป๐ฎ๐น๐๐๐ถ๐
Polaris Market Research has segmented the feed acidulants market report based on type, livestock, and region:
Feed Acidulants Market, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Lactic Acid
Propionic Acid
Fumaric Acid
Citric Acid
Others
Feed Acidulants Market, Livestock Outlook (Revenue - USD Billion, 2019 - 2032)
Ruminants
Poultry
Aquaculture
Swine
Others
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
The feed acidulants market is characterized by intense competition. The top industry participants rely on new technology, top-notch products, and a strong brand image to drive revenue growth. Besides, they focus on strategies such as mergers, acquisitions, and collaborations to maintain a competitive edge.
The key players offering their products in the market include:
โข Archer Daniels Midland Company
โข ADM Animal Nutrition
โข Anpario plc
โข BASF SE
โข Cargill, Incorporated
โข DuPont de Nemours, Inc.
โข Hansen Holding A/S
โข Impextraco NV
โข Kemin Industries, Inc.
โข Lallemand Inc.
โข Lesaffre Group
โข Novozymes A/S
โข Novus International, Inc.
โข Phibro Animal Health Corporation
โข Royal DSM N.V.
โข Tate & Lyle Plc
๐๐ ๐ฝ๐น๐ผ๐ฟ๐ฒ ๐๐ต๐ฒ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐๐ผ๐บ๐ฝ๐ฟ๐ฒ๐ต๐ฒ๐ป๐๐ถ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ฒ๐ฟ๐ฒ
@https://www.polarismarketresearch.com/industry-analysis/feed-acidulants-market
๐ฅ๐ฒ๐ฐ๐ฒ๐ป๐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐๐
โข In 2021, KPS Capital Partners, an American investment company specializing in industrial starches, acidulants, and various other products, acquired a majority share in Tate & Lyle for a total of $1.7 billion. This strategic purchase affords KPS Capital Partners operational dominance of Tate & Lyle's primary operations in Latin America and North America, facilitating their expansion and increased market influence in these regions.
โข In 2021, Tate & Lyle Plc. unveiled plans to install a state-of-the-art biomass boiler at its acidulants facility located in Santa Rosa, Brazil. This initiative is designed to achieve a dual purpose: mitigating greenhouse gas emissions and enhancing the operational efficiency of the plant.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐ฏ๐ผ๐๐ ๐จ๐:
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We give unmatched nature of offering to our customers present all around the globe across industry verticals.
Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.
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