Market Overview
The escalation in animal feed demand due to increased livestock rearing is estimated to boost the Acidulants market demand. The agriculture reports are made by Market Research Future, which includes market choices for advance. A promising CAGR is estimated to promote the global market in the coming period.
The raised intake of animal-based products is predicted to add momentum to the Acidulants market demand share in the forthcoming period. The significance of healthy livestock feed is anticipated to augment the Acidulants market demand companies in the upcoming period.
Key Players
The distinguished companies in the Acidulants market demand are Novus International (US), Kemira Oyj (Finland), Yara (Norway), Kemin Industries Inc. (US), Biomin Holding GmbH (Austria), Nutrex NV (Belgium), Jefo Nutrition Inc. (Canada), Peterlabs Holding (Malaysia), Anpario plc (UK), BASF SE (Germany), and Tate & Lyle (UK).
Market Segmentation:
The segmental examination of the Acidulants market demand has been conducted based on type, form, application, and region. On the basis of form, the market has also been bifurcated into dry and liquid. On the basis of application, the feed acidulants industry has been segmented into aquaculture, swine, ruminants, poultry, and others. On the basis of regions, the Acidulants market demand has been segmented into North America, Europe, Asia Pacific, and other notable regions. On the basis of type, the Acidulants market demand has been segmented into acetic acid, formic acid, sorbic acid, propionic acid, lactic acid, malic acid, citric acid, and others.
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Regional Analysis
The regional review of the market has been segmented into regions such as North America, Europe, Asia Pacific, and other notable regions. The Asia Pacific feed acidulants regional industry is anticipated to govern the global market, and the regional market is anticipated to record the maximum CAGR all through the forecast period. The collective manufacture and intake of animal feed in the region is estimated to enhance the global market in the forecast period. Japan, China, India, and Thailand are estimated to be the foremost contributors to Acidulants market demand development in the region. In the US and Europe, the Covid-19 analysis finds that ban on the use of antibiotics in feed is one of the major determinants that is driving the growth of the market.
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