The market for the global feed acidulants is estimated to be valued at USD 2.9 billion in 2022 and is projected to reach USD 3.7 billion by 2027. The market is said to grow with a CAGR of 5.2% from 2022 to 2027.
Acidulants are chemical substances are used to give food and beverage goods a tart or sharp flavor. These acidulants comprise tartaric acid, acetic acid, and citric acid. Acidulants are soluble and are less harmful.
Acidulants are directly used as a single ingredient or as a mixture into feedstuffs, particularly in swine and poultry industries.
Feed additives are types of supplements are given to farm animals. These additives assure appropriate nourishment for farm animals. Another type of additive is feed acidulant. These feed acidulants are added to the additives to increase the taste, also act as an oxidant. Also, feed acidulants are available both in organic and inorganic form.
Feed acidulants are available in various forms like powder, liquid, gas, and many. Acidulants are used as preservatives, flavoring agents, buffer, chelating agents, gelling agents, and coagulating agents in the food sector. Acidulants have become growingly vital for long-term food preservation and the demand for consumer nutritional food products is increasing flourishes the feed acidulants market growth globally.
Factors like increasing research and development activities that help in producing different new products fuel the market growth. The growth in consuming meat and meat products along with rising government funds. The growth in consumption of dairy and meat products, the high risk of diseases in livestock, and the ban of antibiotics in the European Union (EU) are driving the feed acidulants market.
Moreover, the demand for feed preservation is mounting without affecting the natural properties of the feed is escalating the market growth during the foreseen period. The funds from the government are accumulating in the feed sector and the high risk of diseases among livestock fuel the market growth. The growing consumer tendency for fresh and quality bakery products has fueled the use of acidulants due to the functional advantages comprising enhancing flavor, leavening, mold inhibition, and dairy compatibility. Also, the demand for on-the-go snacks attributed to quick urbanization and mounting working population has augmented the market growth stimulating the acid regulator market growth.
However, the costs associated with foods are hiking and the availability of low-cost food preservatives produced by the Chinese manufacturers dampen the feed acidulants market growth.
Others (fumaric acid, tartaric acid, butyric acid, and benzoic acid)
Based on the type, the citric acid segment is expected to hold a significant share in the feed acidulants market. Citric acid is the most frequent acid in the food and beverages sector. Citric acid is used as an acid regulator due to its high solubility, acidity, and sour tasting nature is primarily used as a flavoring and preservative agent.
Asia-Pacific region is accounted for the largest share in the feed acidulants market. APAC is the major revenue-generating region observing higher developments in feed production and feed additives. The quick economic growth in the APAC and the demand for meat and dairy products are accelerating the feed acidulants market.
The market growth in countries like New Zealand and Australia owes to the growing demand for protein-rich livestock feed resulting in better and advanced quality of meat and dairy products.
North America is a significant market for feed acidulants and is the chemical substances that are used to give food and beverage goods a tart or sharp flavor. The growth in the region is due to the developments in the livestock sector and the growing demand for protein-rich diets.
The United States (U.S) is witnessing substantial growth in the feed acidulants market. As per the U.S Department of Agriculture's (USDA) Agricultural Marketing Service (AMS) tartaric acid is a naturally occurring organic acid found in a variety of plants, including grapes, tamarinds, and bananas.
Europe is expected to have tremendous growth in the feed acidulants market. The UK market is leading the region with the highest share throughout the forecast period. The growth in the UK owes to a noteworthy increase in the organized retail sector resulting in mounting demand for packaged and ready-to-eat consumables favors the regional market growth. The consumers who are more aware of clean labeled products will boom the feed acidulants market growth.
Germany's feed acidulants market is experiencing considerable profit up to 4.2% by 2025. Organic acidulants involve citric acid, tartaric acid, and malic acid and are used to manufacture organic beverages hikes the market growth.
The steady growth in Europe owes to the high regulatory framework and increase in swine and cattle meat consumption blooms the European market growth throughout the timeframe.
Latin America is the second-largest region with a remarkable growth rate during the foreseen period.
The Brazilian market for feed acidulants is estimated to experience a rise due to the increasing nutritious products exports and growth in inhouse nutritious product production. Brazil is one of the world's leading exporters of food products like soybeans, meat, and coffee. Moreover, the appearance of large meat processing companies like JBS and BRF boosts the product demand. The Brazilian market for feed acidulants is expected to observe quick growth due to the increasing exports of nutritional products. Acidity regulators develop process efficiency along with supporting the quality of fermented meat favoring industry growth in processed meat applications.
The Middle East and African region are anticipated to have sluggish growth and the region is at its nascent stage. Egypt, UAE, Africa are the major contributors in the feed acidulants market. The quick advancements in feed production and the demand for high-quality dairy products expand the feed acidulants market growth during the foreseen period.
Top key players in the global Feed Acidulants Market
1. BASF SE (Germany)
2. Yara International ASA (Norway)
3. Kemin Industries Inc. (US)
4. Kemira OYJ (Finland)
5.Biomin Holding GmbH (Austria)
6. Impextraco NV (Belgium)
7. Pancosma (Switzerland)
8.Nutrex NV (Belgium)
9. Perstorp Holding Ab (Sweden)
10. Novus International (US)
11. Jefo Nutrition Inc. (Canada)
12. Anpario plc (UK)
13. Corbion NV (Netherlands)
14. ADDCON Group (Germany)
15. Peterlabs Holding (Malaysia).
Recent Market Developments
Chapter 1. Global Feed Acidulants Market Research – Scope & Methodology
1.1. Market Segmentation
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. Global Feed Acidulants Market Research – Executive Summary
2.1. Market Size & Forecast – (2021 – 2027) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2022 - 2027
2.3.2. Impact on Supply – Demand
Chapter 3. Global Feed Acidulants Market Research – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. Global Feed Acidulants Market Research Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porters Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. Global Feed Acidulants Market Research - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. Global Feed Acidulants Market Research – By Type
6.1. Propionic acid
6.2. Formic acid
6.3. Citric acid
6.4. Lactic acid
6.5. Sorbic acid
6.6. Malic acid
6.7. Acetic acid
6.8. Others (fumaric acid, tartaric acid, butyric acid, and benzoic acid)
Chapter 7. Global Feed Acidulants Market Research – By Animal Type
Chapter 8. Global Feed Acidulants Market Research – By Compound
Chapter 9. Global Feed Acidulants Market Research – By Form9.1. Blended
Chapter 10. Global Feed Acidulants Market Research – ByFunction
10.1. pH control
10.2. Feed efficiency
Chapter 11. Global Feed Acidulants Market Research, By Geography - Market Size, Forecast, Trends & Insights
11.1. North America
11.2.7. Rest of Europe
11.3. Asia Pacific
11.3.2. South Korea
11.3.5. Australia & New Zealand
11.3.6. Rest of Asia-Pacific
11.4. Rest of the World
11.4.1. Middle East
11.4.3. South America
Chapter 12. Global Feed Acidulants Market Research – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
12.1. Company 1
12.2. Company 2
12.3. Company 3
12.4. Company 4
12.5 Company 5
12.6. Company 6
12.7. Company 7
12.8. Company 8
12.9. Company 9
12.10. Company 10
Primary & Secondary Sources to Collect & Validate Data
Utilization of Both Top Down & Bottom Up Approach
Holistic Research Methodology
Scope & Introductory Research
In the initial stage of research, the scope for market is defined. In order to better understanding of the market, secondary focus is on different segmentations of the market. Preliminary research involves identifying key data points related to the market under consideration to estimate the market sizes to the best extent.
Based on the scope of the market and the key data points, a number of secondary sources are considered. This data collection stage consists of a team of analysts who gather data from various secondary resources, accessing proprietary databases and primary research by reaching out to key market participants and opinion leaders.
At this stage, collected data using several sources is arranged in structured format. The sources include industry participants, in-house models, key opinion leaders in the market ecosystem and databases. Historical data trends are established at this point, and compared to the current scenario. Based on the macro- and micro-factor prevailing in various geographies, proprietary data models are used to analyze key market countries. Key players in this market are listed based on their capabilities in revenue, sales, and development. The study also involves the identification of companies in the category of 'new entrants' and their potential effects on the market.
At this stage, the analyst team moves on to understand how the market has changed over the years. The total size of the market is gathered after an study of different business segments and end-users is done. An impact research is also done to see what factors will/may influence the market in the years ahead. The effect of various variables on the industry is often taken into account when forecasting market sizes.
Data verification is conducted at all research levels, however this stage is dedicated to more rigorous checking of the data points. At this stage, the estimated data is triangulated with company revenues and checked with industry experts including several senior executives and key opinion leaders in the market. The data is then summarized, and the findings are derived from the same for the report.
Quality Assurance & Report Preparation
Holistic research methodology is followed with combination of Top Down and Bottom Up approach to undertake the estimation and forecasting task in order to ensure quality of data. At this stage of the research process, a dedicated QA team checks the data and approves after several predefined checks. Each section is checked and questioned to make the report accurate and reliable. In case of discrepancy, a team of analysts reviews the issue, and the whole process is repeated again. That significantly improves the report's quality. After approval, all the parts of the report are brought together and is formatted by highly trained team thus making it ready to dispatch.