Feed flavors and sweeteners are additives used to enhance the taste and flavor of animal feed. Animal feed contains various nutrients such as vitamins, minerals, amino acids which enhance the nutritional content of the feed. However, addition of these nutrients deteriorates the taste and flavor of the animal feed leading to lack of consumption by the animals. Therefore, feed flavors and sweeteners are incorporated in the feed to improve its taste and make the feed palatable.
MARKET DYNAMICS
Livestock health is an important matter of concern amongst the livestock producers due to rising consumption of animal-based products and requirement of high-grade meat and dairy products. This is the key factor driving the market growth. Feed sweeteners and flavors when added to the animal feed boosts its consumption level leading to better health and performance of animals. This factor is expected to drive the demand for feed flavors and sweeteners over the forecast period.
MARKET SCOPE
The "Global Feed Flavors & Sweeteners Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the feed flavors & sweeteners market with detailed market segmentation by type, category, and livestock. The global feed flavors & sweeteners market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed flavors & sweeteners market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed flavors & sweeteners market is segmented into type, category, and livestock. By type, the feed flavors & sweeteners market is bifurcated into feed flavors and feed sweeteners. By category, the feed flavors & sweeteners market is bifurcated into natural and synthetic. By livestock, the feed flavors & sweeteners market is bifurcated into poultry, swine, ruminants, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global feed flavors & sweeteners market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The feed flavors & sweeteners market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feed flavors & sweeteners market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the feed flavors & sweeteners market in these regions.
MARKET PLAYERS
The report covers vital developments in the feed flavors & sweeteners market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the feed flavors & sweeteners market are anticipated to lucrative growth opportunities in the future with the rising demand for feed flavors & sweeteners in the global market. Below mentioned is the list of few companies engaged in the feed flavors & sweeteners market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed flavors & sweeteners market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Alltech
- FeedStimulant
- BIOMIN Holding GmbH
- DuPont
- Norel S.A.
- Prinova Group LLC
- Agri-Flavors, Inc.
- Kerry Group Plc
- Pestell Minerals & Ingredients Inc.
- Adisseo
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