• Register
  • Login
  • About Us
  • Contact Us
Friday, September 22, 2023
Kuwait 247 News Club
No Result
View All Result
SUBMIT NEWS
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
No Result
View All Result
Kuwait 247 News Club
Submit News
Home PRESS RELEASES

Feed Acidulants Market is Expected to Grow $4.7 billion by 2028

NEWSROOM by NEWSROOM
May 26, 2023
in PRESS RELEASES
Share on FacebookShare on Twitter


(EMAILWIRE.COM, May 26, 2023 ) According to a research report “Feed Acidulants Market by Type (Propionic Acid, Formic Acid, Citric Acid, Lactic Acid, Sorbic Acid, Malic Acid, and Acetic Acid), Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets, and Equine), Compound, Form and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global feed acidulants market is estimated to be valued at USD 3.4 billion in 2023. It is projected to reach USD 4.7 billion by 2028, recording a CAGR of 6.2% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global feed acidulants market. In terms of value sales, this would be strong enough to significantly influence the market during the predicted period. The rise in consumption of animal-based food, demand for a high protein diet, changing lifestyles, and consumption patterns drive the demand in the feed acidulants market.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=268013619

Propionic acid holds the largest market share for feed acidulants in 2023.

Propionic acid is commonly used as a preservative in animal feed and grain due to its non-corrosive nature to farm equipment. It has received approval for use in food, beverages, and animal feed by various organizations, and is generally recognized as safe (GRAS) when utilized as an antimicrobial and flavoring agent in food, as well as a chemical preservative in feed. This has led to an increase in the use of propionic acid in various food products and has resulted in the growth of the feed acidulants market.

The pH control by function is the fastest-growing segment in the feed acidulants market.

Feed acidulants are used to lower the pH of animal feed, which can improve nutrient availability, reduce microbial growth, and prevent spoilage. The pH control property of feed acidulants is critical in maintaining the overall health and well-being of animals, as well as the quality of their feed. Factors such as increasing animal health concerns, the rising demand for animal protein, and the implementation of regulations regarding the use of antibiotics in animal feed are driving the growth of the market.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=268013619

Asia Pacific is estimated to dominate the feed acidulants market in 2022.

Asia Pacific holds the largest market share in the feed acidulants market. The growing focus on improving animal health and welfare is the key factor driving the market growth in this region. Additionally, the adoption of advanced feed technologies and the availability of cost-effective feed acidulant solutions are also contributing to the growth of the market in the Asia Pacific. Furthermore, the presence of major feed acidulant manufacturers in the region and the increasing investments in the animal feed industry is expected to further drive the market growth.

Recently, several companies in Asia Pacific have announced strategic partnerships to expand their presence in the feed acidulants market. In 2021, Renata has been appointed as the sole distributor for Nutrex feed additives in Bangladesh. Nutrex and Renata aim to provide farmers with high-value feed additives that will help them maximize animal performance through optimal digestion and gut health.

The key players in this market include BASF SE (Germany), Yara (Norway), Kemin Industries Inc. (US), Eastman Chemical Company (US), and DSM (Netherlands).

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441



Source link

Previous Post

Google Cloud and Kuwait Forge Strategic Alliance for Data Center … – Arab Times Kuwait News

Next Post

Database Monitoring Software Market to grow at a CAGR of 14.9 percent to reach USD 6 Bn by 2029

Related News

Petrochemical Feedstock Market expected to Reach USD 402.95 Billion by 2029 at a CAGR of 4.3 percent

Petrochemical Feedstock Market expected to Reach USD 402.95 Billion by 2029 at a CAGR of 4.3 percent

by NEWSROOM
September 17, 2023

 Petrochemical Feedstock Market(EMAILWIRE.COM, September 17, 2023 ) As per Maximize Market research, the Petrochemical Feedstock Market was USD 300.10 Billion...

No-Code AI Platform Market to reach USD 22.98 Bn by 2029 at a growth rate of 28.6 percent over the forecast period

No-Code AI Platform Market to reach USD 22.98 Bn by 2029 at a growth rate of 28.6 percent over the forecast period

by NEWSROOM
September 17, 2023

 No-Code AI Platform Market(EMAILWIRE.COM, September 17, 2023 ) The total global market for the No-Code AI Platform Market was valued...

Oyster Mushroom Market to reach USD 84.33 Bn by 2029 at a growth rate of 7.6 percent over the forecast period

Oyster Mushroom Market to reach USD 84.33 Bn by 2029 at a growth rate of 7.6 percent over the forecast period

by NEWSROOM
September 17, 2023

 Oyster Mushroom Market(EMAILWIRE.COM, September 17, 2023 ) As per Maximize Market research, the Oyster Mushroom Market was USD 54.34 Bn...

Shell and Tube Heat Exchanger Market Worth USD 10.43 Bn by 2029 Market Analysis, Material Estimates, End-Use Estimates, Region, Manufacturers, and Competitive Insights

Shell and Tube Heat Exchanger Market Worth USD 10.43 Bn by 2029 Market Analysis, Material Estimates, End-Use Estimates, Region, Manufacturers, and Competitive Insights

by NEWSROOM
September 16, 2023

 Shell & Tube Heat Exchangers Market(EMAILWIRE.COM, September 16, 2023 ) Pune, 1, Jan 2023: Maximize Market research has published a...

Next Post
Database Monitoring Software Market to grow at a CAGR of 14.9 percent to reach USD 6 Bn by 2029

Database Monitoring Software Market to grow at a CAGR of 14.9 percent to reach USD 6 Bn by 2029

Corrugators Market to grow at a CAGR of 4.3 percent to reach USD 5.1 Bn by 2029

Corrugators Market to grow at a CAGR of 4.3 percent to reach USD 5.1 Bn by 2029

Trending News

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

August 14, 2022
ZainTech partners with LigaData to deliver data-driven digital services in MENA

ZainTech partners with LigaData to deliver data-driven digital services in MENA

June 16, 2022
MTN Cameroon implements new data analytics and AI solution powered by LigaData

MTN Cameroon implements new data analytics and AI solution powered by LigaData

July 6, 2022

About

Kuwait247.Club™ gathers and publishes business, cultural, socio-economic, Tech and industrial news on Egypt, Middle East and North Africa (MENA).

Press release distribution services:
We provide press release distribution to media in Egypt, the Arab world and the GCC/MENA regions. Submit a press release today or contact us.

Share Us

Category

BUSINESS
ENTERTAINMENT
FASHION
FOOD
HEALTH
LIFESTYLE

SPORTS
TRAVEL
AFRICA
MIDDLE EAST
PRESS RELEASES

Newsletter

    Recent News

    Recent Posts
    • Bzaaarz: A transformative software platform empowers entrepreneurs – Kuwait Times
    • Oyster Mushroom Market to reach USD 84.33 Bn by 2029 at a growth rate of 7.6 percent over the forecast period
    • No-Code AI Platform Market to reach USD 22.98 Bn by 2029 at a growth rate of 28.6 percent over the forecast period
    • Petrochemical Feedstock Market expected to Reach USD 402.95 Billion by 2029 at a CAGR of 4.3 percent

    Kuwait247.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    About Us / Contact Us / Submit News

    No Result
    View All Result
    • REGISTER
    • LOGIN
    • HOME
    • BUSINESS
    • ENTERTAINMENT
    • FASHION
    • FOOD
    • HEALTH
    • LIFESTYLE
    • SPORTS
    • TRAVEL
    • MIDDLE EAST
    • PRESS RELEASES
    • ABOUT US
      • CONTACT US

    Kuwait247.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC