Market Overview:
The global feed grade fumaric acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for feed grade fumaric acid from the poultry, swine, and ruminant industries. In addition, the growing demand for processed foods is also contributing to the growth of this market. On the basis of type, 99.5% purity segment is expected to account for a major share of the global feed grade fumaric acid market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 owing to its high purity and superior quality as compared with other types of feed grade fumaric acid available in the market. On-the-go food products are gaining popularity among consumers due their convenience and health benefits such as weight loss and improved digestion; this is driving demand for processed foods which in turn is propelling growth ofthe global feed grade fumaric acidmarket .
Product Definition:
Feed grade fumaric acid is an organic compound used as a food additive to impart a sour taste and has preservative properties. It is also sometimes used as a flavoring agent in beverages.
Purity: 99.5%:
Purity: 99.5%, it's usage.
Feed grade fumaric acid is a type of calcium salt of fumaric acid, which is widely used as an animal feed additive for poultry, swine and other farm animals. It helps to increase the weight gains of young animals by improving their metabolism and nutrient absorption capacity.
Others:
Others include amino acids, minerals, vitamins and others. Vitamins are used in feed grade fumaric acid for poultry to increase their weight and improve the quality of meat. Amino acids are used as a protein supplement in animal feed to enhance the nutritional value of food products. Mineral salts such as calcium & magnesium salts help in maintaining bone health along with muscle health which is very essential for livestock farming.
Application Insights:
The poultry segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The feed grade fumaric acid is widely used in poultry diets owing to its ability to reduce cholesterol levels, prevent cardiovascular diseases, control body fat content and enhance egg production.
Ruminant animals such as cattle, sheep and goats require a source of rumen buffer that helps stabilize their rumen pH level during high-fat feeding periods. Fumaric acid plays an important role as a source of carbon for bacterial growth in dairy cows; thus it acts as a rumen buffer by increasing the pH value of milk.
Regional Analysis:
Asia Pacific was the largest market for feed grade fumaric acid in terms of both volume and revenue. The region accounted for a share of more than 35% in 2017. China is one of the major markets, owing to high demand from various end-use industries including food & beverage, personal care & cosmetics, pharmaceuticals and nutraceuticals. Rapidly growing food processing industry coupled with increasing awareness regarding animal health is expected to drive product demand over the forecast period.
Europe emerged as a significant market for feed grade fumaric acid due to stringent regulations by governing bodies such as EMEA and FDA about usage pattern or application specific guidelines that affect manufacturers’ output quality standards thus affecting overall regional growth rate negatively. North America also witnessed sluggish growth rates on account rising protectionist trade policies by U.S.
Growth Factors:
- Increasing demand for processed foods: The global population is growing at a rapid pace and with it the demand for processed foods. This is driving the growth of the feed grade fumaric acid market as it is used as an additive in various food products to improve their flavor, color, and texture.
- Rising awareness about health benefits of processed foods: There has been a rise in awareness about the health benefits of consuming processed foods. This is leading to an increase in demand for feed grade fumaric acid as it helps improve the nutritional value of food products.
- Growing popularity of functional foods: Functional foods are those that offer additional health benefits beyond basic nutrition. They are becoming increasingly popular due to their potential to prevent diseases and promote good health. This is driving demand for feed grade fumaric acid as it can be used to enhance the functionality of food products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed Grade Fumaric Acid Market Research Report
By Type
Purity: 99.5%, Others
By Application
Poultry, Swine, Ruminant, Others
By Companies
Bartek Ingredients, Polynt Group, Thirumalai Chemical, Isegen, Fuso Chemicals, Nippon Shokubai, Yantai Hengyuan Bioengineering, Jiangsu Jiecheng Bioengineering, Changzhou Yabang Chemical, Anhui Sealong Biotechnology, Changmao Biochemical Engineering, Suzhou Youhe Science and Technology, Zhejiang Dongda Biological Technology, China Blue Star Harbin Petrochemical, Jiangsu Suhua Group, Jiaoda Rising Weinan Chemical, China BBCA Group
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Feed Grade Fumaric Acid Market Report Segments:
The global Feed Grade Fumaric Acid market is segmented on the basis of:
Types
Purity: 99.5%, 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
Poultry, Swine, Ruminant, Others
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:
- Bartek Ingredients
- Polynt Group
- Thirumalai Chemical
- Isegen
- Fuso Chemicals
- Nippon Shokubai
- Yantai Hengyuan Bioengineering
- Jiangsu Jiecheng Bioengineering
- Changzhou Yabang Chemical
- Anhui Sealong Biotechnology
- Changmao Biochemical Engineering
- Suzhou Youhe Science and Technology
- Zhejiang Dongda Biological Technology
- China Blue Star Harbin Petrochemical
- Jiangsu Suhua Group
- Jiaoda Rising Weinan Chemical
- China BBCA Group
Highlights of The Feed Grade Fumaric Acid 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:
- Purity: 99.5%
- Others
- By Application:
- Poultry
- Swine
- Ruminant
- Others
- 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 Feed Grade Fumaric Acid 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Feed grade fumaric acid is a type of acid used in animal feed. It is a white to off-white powder that is soluble in water and alcohol. Feed grade fumaric acid helps to prevent spoilage and promotes the growth of livestock.
Some of the major players in the feed grade fumaric acid market are Bartek Ingredients, Polynt Group, Thirumalai Chemical, Isegen, Fuso Chemicals, Nippon Shokubai, Yantai Hengyuan Bioengineering, Jiangsu Jiecheng Bioengineering, Changzhou Yabang Chemical, Anhui Sealong Biotechnology, Changmao Biochemical Engineering, Suzhou Youhe Science and Technology, Zhejiang Dongda Biological Technology, China Blue Star Harbin Petrochemical, Jiangsu Suhua Group, Jiaoda Rising Weinan Chemical, China BBCA Group.
The feed grade fumaric acid market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Grade Fumaric Acid 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. Feed Grade Fumaric Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Feed Grade Fumaric Acid Market - Supply Chain
4.5. Global Feed Grade Fumaric Acid Market Forecast
4.5.1. Feed Grade Fumaric Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Feed Grade Fumaric Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Feed Grade Fumaric Acid Market Absolute $ Opportunity
5. Global Feed Grade Fumaric Acid 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. Feed Grade Fumaric Acid Market Size and Volume Forecast by Type
5.3.1. Purity: 99.5%
5.3.2. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Feed Grade Fumaric Acid 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. Feed Grade Fumaric Acid Market Size and Volume Forecast by Application
6.3.1. Poultry
6.3.2. Swine
6.3.3. Ruminant
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Feed Grade Fumaric Acid 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. Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid 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. Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid Demand Share Forecast, 2019-2026
9. North America Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid Market Size and Volume Forecast by Application
9.4.1. Poultry
9.4.2. Swine
9.4.3. Ruminant
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Feed Grade Fumaric Acid Market Size and Volume Forecast by Type
9.7.1. Purity: 99.5%
9.7.2. 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 Feed Grade Fumaric Acid Demand Share Forecast, 2019-2026
10. Latin America Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid Market Size and Volume Forecast by Application
10.4.1. Poultry
10.4.2. Swine
10.4.3. Ruminant
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Feed Grade Fumaric Acid Market Size and Volume Forecast by Type
10.7.1. Purity: 99.5%
10.7.2. 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 Feed Grade Fumaric Acid Demand Share Forecast, 2019-2026
11. Europe Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid Market Size and Volume Forecast by Application
11.4.1. Poultry
11.4.2. Swine
11.4.3. Ruminant
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Feed Grade Fumaric Acid Market Size and Volume Forecast by Type
11.7.1. Purity: 99.5%
11.7.2. 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.. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Feed Grade Fumaric Acid Demand Share, 2019-2026
12. Asia Pacific Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid Market Size and Volume Forecast by Application
12.4.1. Poultry
12.4.2. Swine
12.4.3. Ruminant
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Feed Grade Fumaric Acid Market Size and Volume Forecast by Type
12.7.1. Purity: 99.5%
12.7.2. 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 Feed Grade Fumaric Acid Demand Share, 2019-2026
13. Middle East & Africa Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid 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 Feed Grade Fumaric Acid Market Size and Volume Forecast by Application
13.4.1. Poultry
13.4.2. Swine
13.4.3. Ruminant
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Feed Grade Fumaric Acid Market Size and Volume Forecast by Type
13.7.1. Purity: 99.5%
13.7.2. 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 Feed Grade Fumaric Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Feed Grade Fumaric Acid Market: Market Share Analysis
14.2. Feed Grade Fumaric Acid Distributors and Customers
14.3. Feed Grade Fumaric Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bartek Ingredients
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Polynt Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thirumalai Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Isegen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fuso Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Shokubai
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yantai Hengyuan Bioengineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Jiecheng Bioengineering
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Changzhou Yabang Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Anhui Sealong Biotechnology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Changmao Biochemical Engineering
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Suzhou Youhe Science and Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhejiang Dongda Biological Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. China Blue Star Harbin Petrochemical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jiangsu Suhua Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiaoda Rising Weinan Chemical
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. China BBCA Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
