The Global Market for Feed Flavors & Sweeteners is Forecast to Surpass $1.7 Billion by 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The “Feed Flavors and Sweeteners - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Feed Flavors & Sweeteners Market accounted for $1,211.24 million in 2017 and is expected to reach $1,725.64 million by 2026 growing at a CAGR of 4% during the forecast period.
The growth of this market is driven by several factors such as rising demand for meat & dairy products, increasing awareness among consumers to wards meat quality and growing requirement for palatability boosting feed additives. On the contrary, lack of awareness and changing raw materials prices are creating hurdles for the market scope.
Based on form, the dry feed flavors & sweeteners segment is expected to lead the global market with a largest market share when compared with liquid feed flavors & sweeteners. The benefits offered by dry form of flavors and sweeteners are less cost, easy of storage and handling and high protection from processing heat are some factors anticipated to drive the market.
On the basis of geography, Asia Pacific is expected to grow at a faster rate owing to rising population in the developing countries has an increased demand for meat & dairy products for consumption and constant modernization of animal production techniques are some factors favouring the regional growth.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter’s Five Forces Analysis
5 Global Feed Flavors & Sweeteners Market, By Source
6 Global Feed Flavors & Sweeteners Market, By Product
7 Global Feed Flavors & Sweeteners Market, By Form
8 Global Feed Flavors & Sweeteners Market, By Livestock
9 Global Feed Flavors & Sweeteners Market, By Geography
10 Key Developments
11 Company ProfilingPhytobiotics Futterzusatzstoffe Nutriad International Dendermonde Biomin Holding Alltech Prinova Group Kerry Group Kemin Industries Pancosma Norel Solvay Grupo Ferrer Internacional DuPont Vin Flavors Tanke International Group Jefo Nutrition Inc.
For more information about this report visit https://www.researchandmarkets.com/research/4vm3lk/the_global_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005349/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Animal Feedstuffs
INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/30/2018 06:24 AM/DISC: 08/30/2018 06:24 AM