Yara International ASA is a chemical company. Its largest business space is that the production of nitrogen fertilizer, however, it additionally encompasses the production of nitrates, ammonia, urea, and alternative nitrogen-based chemicals. Feed acidifiers facilitate promote healthy growth in animals by a dominant harmful microorganism and improving digestion. Yara feed acidifiers provide a singular formula of organic acids exactly absorbed onto a patented carrier manufactured from diatomaceous earth, itself coated by a carboxylic acid. The coating technology permits the slow to unleash of acids within the gut while not compromising its effectiveness as a feed preservative this suggests the nutrients are obtainable for extended within the gut. As they do not disappear on the primary stages of digestion, they're obtainable till the terrible finish of the method.
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Market Data Forecast published a report named Feed Acidifiers Market. It is valued around USD 1736.88 million in 2018 and is projected to grow at a CAGR of 6.70%, to reach USD 2402.1 million by 2023.
Report segmented as:
- Propionic Acid
- Fumaric Acid
- Lactic Acid
- Acetic Acid
- Formic Acid
- Butyric Acid
Based on type, Propionic acid has a largest share in the feed acidifiers market. On bases of livestock, Cattle plays the significant role in the market.
Based on the geography the market is analyzed under several regions namely, North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Major companies in this market are conducting R&D to increasing production efficiency and achieve product innovation.
Key market players:
- Kemira OYJ
- Yara international
- Kemin Industries
- BASF SE
- Biomin holding GmbH
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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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