According to Stratistics MRC, the Animal Nutrition Organic Acids Market is accounted for $115.42 million in 2020 and is expected to reach $221.69 million by 2028 growing at a CAGR of 8.5% during the forecast period. Rising demand for technological innovations, convenient food options produced from cost-effective renewable sources and the rising animal nutrition industry, particularly in emerging countries are driving the market growth. However, unstable raw material cost is hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period, owing to the growing consumption of meat and meat products in populated economies of India. Vietnam and Thailand are among the most prominent markets for animal nutrition products in the Asia Pacific province due to the large-scale farming in these countries.
Some of the key players profiled in the Animal Nutrition Organic Acids Market include Carboic, Thyssenkrupp AG, ADM, Croda International Plc, Cargill, Incorporated, Eastman Chemical Company, BASF SE, Dow.
Products Covered:
• Benzoic Acid
• Butyric Acid
• Fumaric Acid
• Lactic Acid
• Lactylates Acid
• Malic Acid
• Mid-chain Fatty Acids
• Myristic Acid
• Sorbic Acid
Species Covered:
• Aqua
• Poultry
• Ruminants
• Swine
Applications Covered:
• Antimicrobial Capacity
• Gut Health
• Yield / Growth Promoter
Delivery Systems Covered:
• Protected
• Unprotected
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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