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Feed Flavors and Sweeteners Market by Type, Livestock, Form, Source and Region - Global Forecast to 2022

Feed Flavors and Sweeteners Market: Global Forecast until 2022

  • September 2017
  • 155 pages
  • ID: 5129361
In this report:
The poultry segment is expected to reach a market share of ##.##% by 2022, growing at a CAGR of ##.##% from 2017, in terms of value.
The Asia-Pacific region stood as the largest market and is expected to remain so during the forecast period; it stood at USD ##.## million in 2016 and is projected to grow at the highest CAGR of ##.##% from 2017 to 2022.
Liquid segment is expected to grow at a CAGR of ##.##% during the forecast period to reach a market value of ##.## KT by 2022.

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"Feed flavors & sweeteners market is estimated to rise at a compound annual growth rate of 3.40 percent."

The feed flavors & sweeteners market, estimated at $1236.10M in 2017, is expected to grow at a compound annual growth rate (CAGR) of 3.40 percent, to attain $1463.00M by 2022. The market factors driving the market demand for feed flavors and sweeteners contain growing demand for palatability boosting ingredients, increasing meat & dairy products sectors, and rising awareness of consumers towards quality meat products.

On top of, the implementation of innovative husbandry practices to enhance quality of meat products are paving new opportunities for the feed flavors & sweeteners market. Nevertheless, the lack of awareness about palatability-boosting additives including flavors and sweeteners in developing countries may act as a restraining factor for this sector in coming years.

"Feed flavors is planned to be the quickest-growing segment in the overall feed flavors & sweeteners market"

On the basis of class, feed flavors is intended to be the fastest-growing segment during the review period. Feed flavor additives enhance the taste and aroma of feed that leads to the rise in feed intake of livestock and helps in improved increase performance as well. Additionally, flavors including citrus, spices, and vanilla enable the voluntary feed intake by animals and offer health benefits including better immunity. These benefits provided by feed flavors have resulted in a massive demand for these additives in the feed market, which is anticipated to contribute to the increase of the feed flavors & sweeteners market in the next years.

Asia-Pac is forecasted to be the most important area overall the outlook period

Asia Pacific (APAC) acquired the biggest share of the feed flavors & sweeteners market in 2016 due to the growth in increasing awareness among the consumers concerning the impact of quality feed provided to the livestock on the animal-based products including meat and dairy products. Futhermore, continuous modernization of animal production techniques is expected to drive the industry demand for palatable additives including flavors and sweeteners in this area.

Distribution of primaries is like:

- By Company Type: Tier 1 - 15.0 percent, Tier 2 - 45.0 percent, and Tier 3 -40.0 percent

- By Designation Level: C Level - 35.0 percent, Director Level -20.0 percent, and Others - 45.0 percent

- By area: North america (NA) - 14.0 percent, Europe - 29.0 percent, Asia Pacific - 43.0 percent, and rest of the world - 14.0 percent

Segment Research

The document breaks down the feed flavors & sweeteners market based on application ingredients, form, source, and area. In terms of insights, this market research has emphasized different levels of analyses-trade study, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, emerging & high-growth segments of the overall feed flavors & sweeteners market, high-growth areas, territories, government actions, drivers, market restraints, and alternatives.

Why acquiring this study can help you:

• To get a comprehensive overview of the feed flavors & sweeteners market

• To benefit a wide-ranging information about the top actors in this market, their service portfolios and top strategies approved by them

• To benefit business insights about the main countries/localities in which the feed flavors & sweeteners market is prospering

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