The Middle East and Africa Feed Flavors and Sweeteners Market was worth USD 160 million in 2016 and estimated to be growing at a CAGR of 1.139%, to reach USD 170 million by 2021.
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The market is showcasing great potential in the mentioned forecasting period. Feed additives are the edible substances added to the animal food in order to make it tastier or enhance its appearance.
Sweetener is a substance used as a substitute of sugar. It is mostly helpful for the people suffering from sugar problems or disease like diabetes in which the intake of sugar is asked to be very low.
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People have been keeping livestock in form of cattle for a long time for their own benefits like milk and wool from sheep. In order to keep these livestock healthy, they need to provide better food to them, which was provided back then in the form of natural feed additives and sweeteners mixed to the regular feed for the livestock.
It wasn’t until the second half of twentieth century, when a RandD started increasing in this sector and many more food additives started coming into the market, of both natural and artificial origin. Same is in the case of sweeteners, they come from both natural sources and are also manufactured artificially.
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MEA region is pretty undeveloped because of the ongoing wars and dictatorship in many countries in Middle East and poor economy in African region. Still, many European countries and USA are willing to invest in this region which is helping this market in this region.
Main purpose of using Feed Flavors and sweeteners in animal feed is to remove the bitter taste of minerals, vitamins and other medicines to increase the intake of animals. On the other hand, unawareness of people to spend on their livestock is challenging this market.
The Middle East and Africa market for Feed Flavors and Sweeteners is broadly categorized by Type and by Livestock. On the basis of Livestock, they are further categorized into cattle, swine, poultry, aquaculture and others.
On the basis of Type, there are Natural and Artificial Feed Flavors and Sweeteners. On the basis of livestock, Cattle is the biggest market followed by swine and poultry.
Middle East and Africa region is basically analysed under two regions, viz. Middle East and Africa. This whole region suffers from poor economy and war.
Africa is growing at a good rate compared to Middle East.
Some of the major companies dominating the market, by their products and services include Biomin GMBH, E. I. Dupont, Eli Lilly and Company, Ferrer Internacional S.A., Industrial Técnica Pecuaria, Jefo Nutrition Inc, Kerry Group PLC, Phytobiotics, Prinova and Tanke International Group.
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