Global Feed Flavors, Sweeteners and Natural Enhancers Market Size study & Forecast, by Type (Flavors, Sweeteners, and Natural Enhancers) and by Animal Type (Ruminant, Swine, Poultry, and Others), and Regional Analysis, 2022-2029

Global Feed Flavors, Sweeteners and Natural Enhancers Market Size study & Forecast, by Type (Flavors, Sweeteners, and Natural Enhancers) and by Animal Type (Ruminant, Swine, Poultry, and Others), and Regional Analysis, 2022-2029

Global Feed Flavors, Sweeteners and Natural Enhancers Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Feed Flavors, Sweeteners, and Natural Enhancers are additive products that enhance the palatability of the feed and make it more eatable. It includes flavours, natural enhancers, sweeteners, and so on. The Feed Flavors, Sweeteners, and Natural Enhancers market is expanding because of factors such as rising demand for meat and dairy products & consumer awareness toward the quality of meat products.

According to the Uknowledge in 2020, consumption of meat and milk in developing countries has grown three times faster than in developed countries. The developing countries consumed around 72 million metric tons in 2020. Similarly, according to the Our World in Data 2019, around 340 million tons of meat were produced in 2018. Also, about 80 billion animals are slaughtered each year for meat. Whereas rising demand for palatability-boosting feed additives & Implementation of Commercial and standardized husbandry practices to improve the quality of meat products are the factors that create lucrative opportunities for the market. However, fluctuating price of raw materials hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Feed Flavors, Sweeteners and Natural Enhancers Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing disposable income, growing urbanization, rapid industrialization, and so on. Whereas Europe is projected to rise with the fastest growth in terms of the highest CAGR value in terms of rising demand for meat and dairy production and growing awareness of the quality of meat production in the forecast period.

Major market players included in this report are:
Evonik Industries AG
Biomar Group
Alltech Inc
Cargill, Inc.
Nutrition & Biosciences
Nutriad (Bluestar Adisseo)
Novus International,Inc.
Kaeslar
Pestell Minerals & Ingredients, Inc.
Kemin Industries, Inc.

Recent Developments in the Market:
 In May 2022 - Adisseo and Entobel announced a collaboration to improve insect meal production, with a focus on insect performance and protein meal quality, with a focus on controlling the ingredients used to feed insects and their complementarities with the most important feed additives, such as methionine and enzymes.
 In April 2019 - Novus International announced a new corporate office in Bangalore, India, to facilitate frequent engagement with customers because the city is close to poultry hubs such as Coimbatore, Nammakal, Hospet, and others, and it facilitates business growth.

Global Feed Flavors, Sweeteners and Natural Enhancers Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Animal type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.

The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the market’s future growth. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Type:
Flavors,
Sweeteners,
Natural Enhancers

By Animal Type:
Ruminant,
Swine,
Poultry,
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

Evonik Industries AG
Biomar Group
Alltech Inc
Cargill, Inc.
Nutrition & Biosciences
Nutriad (Bluestar Adisseo)
Novus International,Inc.
Kaeslar
Pestell Minerals & Ingredients, Inc.
Kemin Industries, Inc.

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