(Food-Beverage-News.Com, July 06, 2017 ) According to Publisher, the Global Feed Acidifiers Market is accounted at $2.98 billion in 2015 and is poised to reach $4.61 billion by 2022 growing at a CAGR of 6.4%. There is a huge increment in demand for the improvement in animal feed quality coupled with high nutritional additives. The increasing use of feed acidifiers to treat animal diseases is creating opportunities in the market. However, regulatory frameworks, Price volatility of Agro-commodities, new entrants into the market are the challenges faced by the market. In addition to this factors substitute products such as micro flora enhancers and herbal products are restraining the market growth.
Propionic acid segment accounted for the largest market share owing to the high availability coupled with adequate supply in market. Lactic acid and formic acid will also witness the increase in market shares in the near future. Asia pacific is expected to be the fastest growing market, owing to the increase in food demand, particularly meat products in emerging markets of China and India coupled with increasing awareness regarding livestock health.
Some of the key players in feed acidifiers market include BASF SE, Addcon Group GmbH, Biomin GmbH, Corbion nv, Impextraco, Jefo Nutrition Inc., Kemin Industries, Inc., Kemira OYJ, Novus International, Perstorp Holding Ab, Selko Feed Additives, Taminco NV, Trouw Nutrition International B.V and Yara International ASA.
Acidifier forms Covered: -Acidifier Blends -Single Component Acidifiers
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
11 Company Profiling 11.1 BASF SE 11.2 Addcon Group GmbH 11.3 Biomin GmbH 11.4 Corbion nv 11.5 Impextraco 11.6 Jefo Nutrition Inc. 11.7 Kemin Industries, Inc. 11.8 Kemira OYJ 11.9 Novus International 11.10 Perstorp Holding Ab 11.11 Selko Feed Additives 11.12 Taminco NV 11.13 Trouw Nutrition International B.V 11.14 Yara International ASA