Market Overview:
The global pet food acidulants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for processed and packaged foods, rising disposable income, and growing awareness about pet health and nutrition. The other type segment is projected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing demand for natural preservatives in pet food products. In addition, rising concerns about animal welfare are also propellingthe growth of thissegment.
Product Definition:
A pet food acidulant is a food additive that is used to make food more acidic. This can help to improve the flavor of the food and also helps to preserve it.
Citric Acid:
Citric acid is a short-chain fatty acid, naturally found in lemons and citrus fruits. It has numerous applications in the food & beverage industry as an additive or processing aid for non-alcoholic beverages, confectionery products, dairy products (cheese), bakery items and fruit preparations. Citric acid also acts as a preservative in meat & poultry products such as sausages & salami.
Lactic Acid:
Lactic acid is a type of organic compound that exists in both animal and plant foods. It is found in high quantities in vegetables such as lettuce, peppers, cucumbers, and cabbage. Lactic acid also acts as an important bacteria food; it is the main source of energy for certain bacteria including lactic acid bacteria or lactobacillus species.
Application Insights:
Food application dominated the global pet food acidulants market in 2017, accounting for over 60% of the overall revenue share. The growing trend of dry food manufacturing is one of the major drivers for this segment. Dry foods are generally more expensive than canned or pouches foods due to additional costs incurred during processing and packaging. However, manufacturers are increasingly using these products as an alternative to keep pets healthy without compromising with their dietary needs owing to increasing awareness among consumers about providing proper nutrition to their pets while reducing costs at the same time.
Beverage application is expected register a significant CAGR from 2018 to 2030 on account of rising demand from companion animal species such as cats and dogs that consume drinks other than water such as milk, yogurt and cereal beverages like coffee or tea every day along with their meals.
Regional Analysis:
North America dominated the global pet food acidulants market in 2017. The increasing trend of owning a pet and rising expenditure on animal care are some of the major factors responsible for driving regional growth. Rising demand for meat, seafood, and poultry among consumers from countries such as U.S., China, India has increased their spending on animal feed additives which is expected to drive product demand over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to rapid urbanization coupled with growing disposable income levels in emerging economies such as China.
The Middle East & Africa region was valued at USD X million in 2017 owing to high consumption levels of pets coupled with increasing investments by manufacturers seeking new avenues for expansion The key companies operating in this region include Roquette S.A.
Growth Factors:
- Increasing demand for premium pet food products
- Growing trend of pet humanization
- Rising awareness about the benefits of acidulants in pet food
- Proliferation of e-commerce platforms for pet food sales
- Growing number of specialty stores catering to pets
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Food Acidulants Market Research Report
By Type
Citric Acid, Lactic Acid, Fumaric Acid, Phosphoric Acid, Tartaric Acid, Malic Acid, Acetic Acid, Other
By Application
Food, Beverage
By Companies
Corbion Purac, ADM, RP International, Nanjing Xiangshengtai Industry, Global Specialty Ingredients, Cargill, Jungbunzlauer Suisse, Bartek Ingredients, Weifang Ensign Industry, Isegen, Corbion Purac
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Pet Food Acidulants Market Report Segments:
The global Pet Food Acidulants market is segmented on the basis of:
Types
Citric Acid, Lactic Acid, Fumaric Acid, Phosphoric Acid, Tartaric Acid, Malic Acid, Acetic Acid, Other
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
Food, Beverage
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:
- Corbion Purac
- ADM
- RP International
- Nanjing Xiangshengtai Industry
- Global Specialty Ingredients
- Cargill
- Jungbunzlauer Suisse
- Bartek Ingredients
- Weifang Ensign Industry
- Isegen
- Corbion Purac
Highlights of The Pet Food Acidulants 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:
- Citric Acid
- Lactic Acid
- Fumaric Acid
- Phosphoric Acid
- Tartaric Acid
- Malic Acid
- Acetic Acid
- Other
- By Application:
- Food
- Beverage
- 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 Pet Food Acidulants 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Acidulants are chemicals that lower the pH of pet food. This can make the food more acidic and less appetizing to pets. Acidulants can also cause health problems in pets if ingested in large amounts.
Some of the key players operating in the pet food acidulants market are Corbion Purac, ADM, RP International, Nanjing Xiangshengtai Industry, Global Specialty Ingredients, Cargill, Jungbunzlauer Suisse, Bartek Ingredients, Weifang Ensign Industry, Isegen, Corbion Purac.
The pet food acidulants market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Food Acidulants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Food Acidulants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Food Acidulants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Food Acidulants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Food Acidulants Market Size & Forecast, 2018-2028
4.5.1 Pet Food Acidulants Market Size and Y-o-Y Growth
4.5.2 Pet Food Acidulants Market Absolute $ Opportunity
Chapter 5 Global Pet Food Acidulants Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pet Food Acidulants Market Size Forecast by Type
5.2.1 Citric Acid
5.2.2 Lactic Acid
5.2.3 Fumaric Acid
5.2.4 Phosphoric Acid
5.2.5 Tartaric Acid
5.2.6 Malic Acid
5.2.7 Acetic Acid
5.2.8 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet Food Acidulants Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pet Food Acidulants Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverage
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Food Acidulants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pet Food Acidulants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pet Food Acidulants Analysis and Forecast
9.1 Introduction
9.2 North America Pet Food Acidulants Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pet Food Acidulants Market Size Forecast by Type
9.6.1 Citric Acid
9.6.2 Lactic Acid
9.6.3 Fumaric Acid
9.6.4 Phosphoric Acid
9.6.5 Tartaric Acid
9.6.6 Malic Acid
9.6.7 Acetic Acid
9.6.8 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pet Food Acidulants Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverage
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pet Food Acidulants Analysis and Forecast
10.1 Introduction
10.2 Europe Pet Food Acidulants Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pet Food Acidulants Market Size Forecast by Type
10.6.1 Citric Acid
10.6.2 Lactic Acid
10.6.3 Fumaric Acid
10.6.4 Phosphoric Acid
10.6.5 Tartaric Acid
10.6.6 Malic Acid
10.6.7 Acetic Acid
10.6.8 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pet Food Acidulants Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverage
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pet Food Acidulants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet Food Acidulants Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pet Food Acidulants Market Size Forecast by Type
11.6.1 Citric Acid
11.6.2 Lactic Acid
11.6.3 Fumaric Acid
11.6.4 Phosphoric Acid
11.6.5 Tartaric Acid
11.6.6 Malic Acid
11.6.7 Acetic Acid
11.6.8 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pet Food Acidulants Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverage
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pet Food Acidulants Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet Food Acidulants Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pet Food Acidulants Market Size Forecast by Type
12.6.1 Citric Acid
12.6.2 Lactic Acid
12.6.3 Fumaric Acid
12.6.4 Phosphoric Acid
12.6.5 Tartaric Acid
12.6.6 Malic Acid
12.6.7 Acetic Acid
12.6.8 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pet Food Acidulants Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverage
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pet Food Acidulants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet Food Acidulants Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pet Food Acidulants Market Size Forecast by Type
13.6.1 Citric Acid
13.6.2 Lactic Acid
13.6.3 Fumaric Acid
13.6.4 Phosphoric Acid
13.6.5 Tartaric Acid
13.6.6 Malic Acid
13.6.7 Acetic Acid
13.6.8 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pet Food Acidulants Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverage
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pet Food Acidulants Market: Competitive Dashboard
14.2 Global Pet Food Acidulants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corbion Purac
14.3.2 ADM
14.3.3 RP International
14.3.4 Nanjing Xiangshengtai Industry
14.3.5 Global Specialty Ingredients
14.3.6 Cargill
14.3.7 Jungbunzlauer Suisse
14.3.8 Bartek Ingredients
14.3.9 Weifang Ensign Industry
14.3.10 Isegen
14.3.11 Corbion Purac
