Global Feed Acidulants Market|Size,Share,Growth|2023-2030

Feed Acidulants Market Size (2023 - 2030)

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 2030. The market is said to grow with a CAGR of 5.2% from 2022 to 2030.

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.

MARKET DRIVERS

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.

MARKET RESTRAINTS

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. 

Segment Analysis

Feed Acidulants Market - By Type:

• Propionic acid

• Formic acid

• Citric acid

• Lactic acid

• Sorbic acid

• Malic acid

• Acetic acid

• 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.

Formic acid is colorless and remains dissolvable in water almost in all proportions.

Lactic acid is used as an acidulant, flavoring agent, pH buffering agent, or inhibitor of bacterial spoilage in a wide variety of processed foods.

Malic acid is frequently used in alcoholic beverages primarily fruity coolers and low-alcoholic cocktails. Malic acid boosts the impact of high-intensity sweets by augmenting fruit flavors.

Feed Acidulants Market - By Animal Type:

• Poultry

• Ruminants

• Swine

• Aquaculture

• Pets

• Equine

By animal type, the poultry segment is dominating the feed acidulant market. To control ammonia in chicken buildings sodium bisulfate is applied as a top dressing to the litter. 

Feed Acidulants Market - By Compound:

• Blended

• Single

The blended compound segment is likely to be the largest contributor to the feed acidulants market. Blended acidulants compound is a new market development with a single compound acidulant which is still being used extensively. The blended acidulants help in decreasing the emergence of hazardous microorganisms in feed, upgrading favorable microbial growth in the gut. Inversely, the addition of antibiotics dampens the growth of any microorganisms.

Feed Acidulants Market - By Form:

• Dry

• Liquid

The dry form acidulants segment accounts for the largest share in the feed acidulants market. The use of feed acidulants is massive in dry form. Dry feed is available in the form of powder, crumbles, and pellets. The dry form is largely consumed and produced worldwide. Dry form acidulants are extensively used in animal diets, as it is inexpensive from liquid feed and needs low maintenance. These factors help the segment to strengthen the market growth.

Feed Acidulants Market - By Function:

• pH control

• Feed efficiency

• Flavor

By function, the pH control segment is likely to dominate the feed acidulants market.

Regional Analysis

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 2030. 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). 

COVID-19 Impact Feed Acidulants Market

The sudden outburst of the novel coronavirus (COVID-19) pandemic has has a positive impact on the feed acidulants market. Due to the presence of citric acid, the demand for acidulants has experienced an increase due to their immunity-boosting power.  

The global food and beverages industry has experienced severe disruptions like supply chain breaks, technology events, and the shutdown of offices. 

Recent Market Developments

• On March 11, 2022, BIOMIN launched Mycofix Plus 5. Z with ZENzyme. The ZENzyme is an innovative all-in-one feed additive providing next-generation mycotoxin risk management for breeding animals and their offspring. 
• On October 12, 2022, BASF Animal Nutrition and trinamiX GmbH joined forces to launch trinamiX's Mobile Near Infrared (NIR) Spectroscopy Solution to the feed industry.
• On April 05, 2022, Kemin purchased clean label proteins firm Proteus Industries. The company is extending its portfolio of strong clean label solutions for manufacturing meat.