The increased usage of the acidulants in food processing industry across the world is one of the key factors expected to boost growth of the global feed acidulants market. Acidulants is a chemical compound commonly used as food acids that gives a sharp or tart taste to food and beverages. Additionally, it is also used as a food preservative to inhibit the growth of the microbes. It is widely used as flavoring agent, preservatives, chelating agent, buffer, gelling agent and coagulating agent in the food industry.
An upcoming report by Transparency Market Research on global feed acidulants market would help readers gauge various macroeconomic factors, business prospects, trends and opportunities associated with it. A detailed analysis on geographical factor and competitive landscape will give a brief idea of global feed acidulants market. This study will help readers anticipate business scope of the global feed acidulants market. To do so, the report would be presenting information on the key drivers and restraining factors associating with the global feed acidulants market.
The consumption of the acidulants is increasing in the global market due to its increased usage. Feed acidulants is used as a preservative in food and beverages. It acts as a flavoring agent and gelling agents for the food products such as jam and candies. Further it helps to maintain pH and acidity in beverages. All these factors are expected to drives the demand of the global feed acidulants market. Feed Acidulants are available in various forms like liquid, powder, gas, and so forth. Dry feed acidulants are easy to store, due to which, manufacturers prefer powdered feed acidulants over others. The convenience of the dry form of feed acidulant by the manufacturers is expected to drive the global feed acidulants market.
Additional increase in the price of the food and the availability of low price food preservative by the chines manufacturer are some of the factors restraining the growth of global feed acidulants market. Further, the properties of feed acidulants to restrict nutritional loss of the food, its ease of usage, storage, and transportability without affecting the natural properties of the food are expected to drive the market for the global feed acidulants market.
The global feed acidulants market could be segmented into the seven regions of North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). Of them, APEJ is likely to dominate the market globally owing to the high consumption demand from the rising food processing industry in emerging economies such as India and China.
The global feed acidulants market could depict a fierce competition because of presence of a large number ofcompetitors in the industry. The key players of the global feed acidulants market include BASF SE, Yara International ASA, kKemin Industries Inc., Kemira OYJ, and Biomin Holding GmbH (Austria).