Feed Flavors and Sweeteners Market report represents the revenue opportunities in the market through to 2022, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
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Study on Feed Flavors and Sweeteners Market highlights key players such as Nutriad, Pancosma, Alltech, FeedStimulants, BIOMIN Holding, DuPont, Norel, Prinova Group, Agri-Flavors, Origination O2D, Kerry Group, Pestell Minerals & Ingredients.
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The feed flavors & sweeteners market, estimated at USD 1,236.1 millionin 2017, is projected to grow at a CAGR of 3.4%, to reach USD 1,463.0 million by 2022.The market factors driving the demand for feed flavors and sweeteners include increasing demand for palatability boosting ingredients, growing meat & dairy products industries, and increasing awareness of consumers towards quality meat products. Additionally, the implementation of innovative husbandry practices to improve quality of meat products are paving new opportunities for the feed flavors & sweeteners market.
However, the lack of awareness about palatability-boosting additives such as flavors and sweeteners in developing countries may act as are straining factor for this market in coming years.
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On the basis of type, feed flavors is projected to be the fastest growing segment during the review period. Feed flavor additives enhance the taste and aroma of feed that leads to the increase in feed intake of livestock and helps in improved growth performance as well.
In addition, flavors such as citrus, spices, and vanilla enable the voluntary feed intake by animals and provide health benefits such as better immunity. These benefits offered by feed flavors have resulted in a massive demand for these additives in the feed industry, which is expected to contribute to the growth of the feed flavors & sweeteners market in the coming years.
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Key Points From Table Of Content:
6 Feed Flavors & Sweeteners Market, By Type
6.2 Feed Flavors
6.3 Feed Sweeteners
6.3.3 Neohesperidine Dihydrochalcone
7 Feed Flavors &Sweeteners Market, By Livestock
7.2.2 Dairy Cattle
7.2.3 Beef Cattle
8 Feed Flavors & Sweeteners Market, By Form
9 Feed Flavors & Sweeteners Market, By Source
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The report segments the feed flavors & sweeteners market on the basis of application ingredients, form, source, and region. In terms of insights, this research report has focused on various levels of analyses—trade analysis, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global feed flavors& sweeteners market, high-growth regions, countries, government initiatives, drivers, restraints, and opportunities.
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