The global animal acids nutrition market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for animal protein in developing countries and rising awareness about the benefits of animal proteins among consumers.
Formic acid is one of the major types of animal acids that are used as food additives in various applications such as bovine (dairy and cattle, calves and cows), swine (piglets and pigs), poultry (chicken, turkey, etc), pet food (wet, dry or treats, cats, dogs and other companion animals), aquaculture (shrimp, salmon trout etc), equine. Formic acid is also used as a preservative in various products such as cheese products like cheddar cheese or mozzarella cheese. It has been observed that formic acid has been gaining traction over propionic acid due to its lower cost per unit weight than propionic acid.
The global animal acids nutrition market by type includes formic acid which accounted for more than 50% share in 2017; followed by propionic acid with 30%; lactic acid with 10%; acetic acid with 5%; citric acid with 3%; benzoic Acid with 2%. The global animal acids nutrition market by application includes bovine which accounted for more than 50% share in 2017; followed by swine which accounted for 30%; poultry which accounted for 10%; pet food which accounted for 5%. The global animal acids nutrition market by region includes North America accounting for more than 40% share in 2017; followed by Latin America accounting for 25%, Europe accounting for 20%, Asia Pacific accounting for 15%, Middle East & Africa accounting less than 1%.
Some Of The Growth Factors Of This Market:
- Increasing demand for animal proteins in developing countries such as China and India is one of the major factors driving the growth of this market.
- The increasing awareness about health benefits associated with consumption of animal proteins is also driving the growth of this market globally.
- Increasing demand for meat products in developed countries such as North America and Europe is another factor that will drive the growth of this market during the forecast period, 2018-2025 5) Rising disposable income levels in developing economies such as China and India are also expected to fuel demand for animal protein products, which will further drive the growth of this market globally.
Industry Growth Insights published a new data on “Animal Acids Nutrition Market”. The research report is titled “Animal Acids Nutrition Market research by Types (Formic Acid, Propionic Acid, Lactic Acid, Acetic Acid, Citric Acid, Benzoic Acid, Others), By Applications (Bovine (dairy and cattle, calves and cows), Swine (piglets and pigs), Poultry (chicken, turkey, etc.), Pet food (wet, dry or treats, cats, dogs and other companion animals), Aquaculture (shrimp, salmon, trout, etc.), Equine), By Players/Companies Adisseo, BASF, Archer Daniels Midland, Cargill Corp, Charoen Pokphand, DSM, Evonik, Nutreco, Alltech, Novus”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Acids Nutrition Market Research Report
By Type
Formic Acid, Propionic Acid, Lactic Acid, Acetic Acid, Citric Acid, Benzoic Acid, Others
By Application
Bovine (dairy and cattle, calves and cows), Swine (piglets and pigs), Poultry (chicken, turkey, etc.), Pet food (wet, dry or treats, cats, dogs and other companion animals), Aquaculture (shrimp, salmon, trout, etc.), Equine
By Companies
Adisseo, BASF, Archer Daniels Midland, Cargill Corp, Charoen Pokphand, DSM, Evonik, Nutreco, Alltech, Novus
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Animal Acids Nutrition Market Report Segments:
The global Animal Acids Nutrition market is segmented on the basis of:
Types
Formic Acid, Propionic Acid, Lactic Acid, Acetic Acid, Citric Acid, Benzoic Acid, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bovine (dairy and cattle, calves and cows), Swine (piglets and pigs), Poultry (chicken, turkey, etc.), Pet food (wet, dry or treats, cats, dogs and other companion animals), Aquaculture (shrimp, salmon, trout, etc.), Equine
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adisseo
- BASF
- Archer Daniels Midland
- Cargill Corp
- Charoen Pokphand
- DSM
- Evonik
- Nutreco
- Alltech
- Novus
Highlights of The Animal Acids Nutrition Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Formic Acid
- Propionic Acid
- Lactic Acid
- Acetic Acid
- Citric Acid
- Benzoic Acid
- Others
- By Application:
- Bovine (dairy and cattle, calves and cows)
- Swine (piglets and pigs)
- Poultry (chicken, turkey, etc.)
- Pet food (wet, dry or treats, cats, dogs and other companion animals)
- Aquaculture (shrimp, salmon, trout, etc.)
- Equine
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Acids Nutrition Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal acids nutrition is the study of how animal-based proteins and fats affect human health. It encompasses everything from understanding the role of animal-based proteins in human diets to investigating potential links between diet and chronic diseases such as heart disease, stroke, cancer, and diabetes.
Some of the major companies in the animal acids nutrition market are Adisseo, BASF, Archer Daniels Midland, Cargill Corp, Charoen Pokphand, DSM, Evonik, Nutreco, Alltech, Novus.
The animal acids nutrition market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Animal Acids Nutrition Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Animal Acids Nutrition Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Animal Acids Nutrition Market - Supply Chain
4.5. Global Animal Acids Nutrition Market Forecast
4.5.1. Animal Acids Nutrition Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Animal Acids Nutrition Market Size (000 Units) and Y-o-Y Growth
4.5.3. Animal Acids Nutrition Market Absolute $ Opportunity
5. Global Animal Acids Nutrition Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Animal Acids Nutrition Market Size and Volume Forecast by Type
5.3.1. Formic Acid
5.3.2. Propionic Acid
5.3.3. Lactic Acid
5.3.4. Acetic Acid
5.3.5. Citric Acid
5.3.6. Benzoic Acid
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Animal Acids Nutrition Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Animal Acids Nutrition Market Size and Volume Forecast by Application
6.3.1. Bovine (dairy and cattle, calves and cows)
6.3.2. Swine (piglets and pigs)
6.3.3. Poultry (chicken, turkey, etc.)
6.3.4. Pet food (wet, dry or treats, cats, dogs and other companion animals)
6.3.5. Aquaculture (shrimp, salmon, trout, etc.)
6.3.6. Equine
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Animal Acids Nutrition Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Animal Acids Nutrition Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Animal Acids Nutrition Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Animal Acids Nutrition Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Animal Acids Nutrition Demand Share Forecast, 2019-2029
9. North America Animal Acids Nutrition Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Animal Acids Nutrition Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Animal Acids Nutrition Market Size and Volume Forecast by Application
9.4.1. Bovine (dairy and cattle, calves and cows)
9.4.2. Swine (piglets and pigs)
9.4.3. Poultry (chicken, turkey, etc.)
9.4.4. Pet food (wet, dry or treats, cats, dogs and other companion animals)
9.4.5. Aquaculture (shrimp, salmon, trout, etc.)
9.4.6. Equine
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Animal Acids Nutrition Market Size and Volume Forecast by Type
9.7.1. Formic Acid
9.7.2. Propionic Acid
9.7.3. Lactic Acid
9.7.4. Acetic Acid
9.7.5. Citric Acid
9.7.6. Benzoic Acid
9.7.7. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Animal Acids Nutrition Demand Share Forecast, 2019-2029
10. Latin America Animal Acids Nutrition Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Animal Acids Nutrition Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Animal Acids Nutrition Market Size and Volume Forecast by Application
10.4.1. Bovine (dairy and cattle, calves and cows)
10.4.2. Swine (piglets and pigs)
10.4.3. Poultry (chicken, turkey, etc.)
10.4.4. Pet food (wet, dry or treats, cats, dogs and other companion animals)
10.4.5. Aquaculture (shrimp, salmon, trout, etc.)
10.4.6. Equine
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Animal Acids Nutrition Market Size and Volume Forecast by Type
10.7.1. Formic Acid
10.7.2. Propionic Acid
10.7.3. Lactic Acid
10.7.4. Acetic Acid
10.7.5. Citric Acid
10.7.6. Benzoic Acid
10.7.7. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Animal Acids Nutrition Demand Share Forecast, 2019-2029
11. Europe Animal Acids Nutrition Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Animal Acids Nutrition Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Animal Acids Nutrition Market Size and Volume Forecast by Application
11.4.1. Bovine (dairy and cattle, calves and cows)
11.4.2. Swine (piglets and pigs)
11.4.3. Poultry (chicken, turkey, etc.)
11.4.4. Pet food (wet, dry or treats, cats, dogs and other companion animals)
11.4.5. Aquaculture (shrimp, salmon, trout, etc.)
11.4.6. Equine
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Appliation
11.7. Europe Animal Acids Nutrition Market Size and Volume Forecast by Type
11.7.1. Formic Acid
11.7.2. Propionic Acid
11.7.3. Lactic Acid
11.7.4. Acetic Acid
11.7.5. Citric Acid
11.7.6. Benzoic Acid
11.7.7. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Animal Acids Nutrition Demand Share, 2019-2029
12. Asia Pacific Animal Acids Nutrition Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Animal Acids Nutrition Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Animal Acids Nutrition Market Size and Volume Forecast by Application
12.4.1. Bovine (dairy and cattle, calves and cows)
12.4.2. Swine (piglets and pigs)
12.4.3. Poultry (chicken, turkey, etc.)
12.4.4. Pet food (wet, dry or treats, cats, dogs and other companion animals)
12.4.5. Aquaculture (shrimp, salmon, trout, etc.)
12.4.6. Equine
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Animal Acids Nutrition Market Size and Volume Forecast by Type
12.7.1. Formic Acid
12.7.2. Propionic Acid
12.7.3. Lactic Acid
12.7.4. Acetic Acid
12.7.5. Citric Acid
12.7.6. Benzoic Acid
12.7.7. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Animal Acids Nutrition Demand Share, 2019-2029
13. Middle East & Africa Animal Acids Nutrition Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Animal Acids Nutrition Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Animal Acids Nutrition Market Size and Volume Forecast by Application
13.4.1. Bovine (dairy and cattle, calves and cows)
13.4.2. Swine (piglets and pigs)
13.4.3. Poultry (chicken, turkey, etc.)
13.4.4. Pet food (wet, dry or treats, cats, dogs and other companion animals)
13.4.5. Aquaculture (shrimp, salmon, trout, etc.)
13.4.6. Equine
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Animal Acids Nutrition Market Size and Volume Forecast by Type
13.7.1. Formic Acid
13.7.2. Propionic Acid
13.7.3. Lactic Acid
13.7.4. Acetic Acid
13.7.5. Citric Acid
13.7.6. Benzoic Acid
13.7.7. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Animal Acids Nutrition Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Animal Acids Nutrition Market: Market Share Analysis
14.2. Animal Acids Nutrition Distributors and Customers
14.3. Animal Acids Nutrition Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Adisseo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Archer Daniels Midland
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cargill Corp
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Charoen Pokphand
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DSM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Evonik
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nutreco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alltech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Novus
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
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