Feed Acidulants Market by Animal Type and Geography - Forecast and Analysis 2020-2024

By: Technavio
 
ELMHURST, Ill. - Feb. 3, 2020 - PRLog -- The global feed acidulants market and the market is poised to grow by USD 826.41 million during 2020-2024 at a CAGR of over 5% during the forecast period.

The rise in disease outbreaks in livestock and adoption of new technologies is anticipated to boost the growth of the market.
Disease outbreaks in livestock not only lead to poor health and loss of animals but also impact meat production and the consumption and sale of animal feed. This is encouraging market vendors to add additives such as probiotics, acidulants, antioxidants, enzymes, and vitamins in livestock feed to prevent the outbreak of disease. The use of acidulants and natural growth promoters (NGP) in feed improve the nutritional quality of feed and promote overall feed absorption and assimilation. This is expected to drive market growth during the forecast period.
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Corbion NV
Corbion NV is headquartered in the Netherlands and offers products through the following business segments: Ingredient Solutions and Innovation Platforms. The company offers lactic-acid based solutions to improve the performance of farm animals.
Impextraco NV
Impextraco NV is headquartered in Belgium and offers products through the following business segments: Animal Protection and Enhancing Animals. The company offers feed acidulants for various species such as ruminants, swines, and poultry.
Feed Acidulants Animal Type Outlook (Revenue, USD Million, 2020-2024)

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• Poultry
• Ruminant
• Swine
• Aquaculture
• Others
Feed Acidulants Regional Outlook (Revenue, USD Million, 2020-2024)
• APAC
• Europe
• MEA
• North America
• South America
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