Global Feed Flavor Additives Market Growth 2023-2029
Feed Flavor Additives are non-nutritive additives. Mainly include sweeteners, umami agents and spicy agents. Sweeteners are mainly generated from hydroxyl-containing aliphatic compounds, and their main function is to enhance the sweetness of feed, mask the unpleasant taste of some animals in the feed, and increase animal feed intake. Commonly used sweeteners are sodium saccharin, potassium acesulfame, sodium cyclamate, and sucralose. The umami agent is a feed additive that improves the flavor of the feed. The most widely used one is sodium glutamate, which is mainly used in piglet feed. Spicy agent is a special additive added to the feed to give the feed a spicy taste. It is mainly used in the feed of animals that have a certain preference for spicy taste, such as pigs, chickens, and cattle. The commonly used feed spicy agents are mainly garlic powder and red. paprika.
LPI (LP Information)' newest research report, the “Feed Flavor Additives Industry Forecast” looks at past sales and reviews total world Feed Flavor Additives sales in 2022, providing a comprehensive analysis by region and market sector of projected Feed Flavor Additives sales for 2023 through 2029. With Feed Flavor Additives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Feed Flavor Additives industry.
This Insight Report provides a comprehensive analysis of the global Feed Flavor Additives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Feed Flavor Additives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Feed Flavor Additives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Feed Flavor Additives and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Feed Flavor Additives.
The global Feed Flavor Additives market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Feed Flavor Additives is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Feed Flavor Additives is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Feed Flavor Additives is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Feed Flavor Additives players cover Lucta, Bell Flavors & Fragrances, Ajinomoto, FFA (Feed Flavors Asia Co., Ltd.), ITPSA, Phytobiotics Feed Additives GmbH, Fufeng Group, Meihua Biotechnology Group Co., Ltd. and Shanghai Meinong Biotechnology Co., Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Feed Flavor Additives market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sweeteners
Umami Agent
Spicy Agent
Segmentation by application
Aquaculture
Pig
Pets
Poultry
Rumination
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lucta
Bell Flavors & Fragrances
Ajinomoto
FFA (Feed Flavors Asia Co., Ltd.)
ITPSA
Phytobiotics Feed Additives GmbH
Fufeng Group
Meihua Biotechnology Group Co., Ltd.
Shanghai Meinong Biotechnology Co., Ltd.
Chengdu Dadi Hanke Biotechnology Co., Ltd.
Beijing Zhongke Jingming Biotechnology Co., Ltd.
Jinan Tiantianxiang Co., Ltd.
Edifford Biotechnology Co., Ltd.
Tianke Company
Key Questions Addressed in this Report
What is the 10-year outlook for the global Feed Flavor Additives market?
What factors are driving Feed Flavor Additives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Feed Flavor Additives market opportunities vary by end market size?
How does Feed Flavor Additives break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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