North America Feed Palatability Enhancers And Modifiers Market

North America Feed Palatability Enhancers And Modifiers Market Size, Growth, Trends and Forecast:

North America Market is Feed Palatability Enhancers & Modifiers expected to reach USD 840 Million by 2026 from USD 701 Million in 2021, growing at a CAGR of 3.81%. The Feed Palatability Enhancers & Modifiers market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increase in the consumption of meat all over the world and has therefore got specific attention from various manufacturers of Feed additives such as flavours, sweeteners and texturants.

Feed Palatability Enhancers & Modifiers are used for overcoming the smell and bitter taste of feed which is due to feed additives, which are good for animal health and thus necessary. Sweeteners and Flavours are thus used to neutralize the taste and smell. Palatability includes mold control, better shelf life and oxidation in animal feed.

Drivers and Restraints of North America Feed Palatability Enhancers And Modifiers Market:

The rise in demand for healthy and safe human food as well as mass meat production have caught attention of different feed additives manufacturers. It has resulted in an immense growth in the market recently. Other drivers for the market growth are consumer awareness about meat quality, increased demand for feed, rise in meat consumption and the quality of pet food which is major concern. The market also faced some restraints and challenges. Some of the major ones are rise in cost of raw materials and harmful effects related to ingredients. These factors have been the reason for holding back the market from reaching its actual potential.

North America Feed Palatability Enhancers And Modifiers Market Segmentation:

North America Feed Palatability Enhancers And Modifiers Market - By Type:

• Natural

• Synthetic

North America Feed Palatability Enhancers And Modifiers Market - By Livestock:

• Swine
• Cattle
• Poultry
• Aquaculture
• Pet foods
• Other livestock

Geographical Analysis:

On the basis of geography, the North America market is analysed under various regions namely

• United States
• Canada

Key Players:

Some of the major companies dominating the market, by their products and services include Diana Group, Associated British Foods PLC, E. I. Dupont, Ensign-Bickford Industries Inc., Eli Lilly and Company, Kemin Europa, Ferrer, Kerry Group PLC, Kent Feeds Inc., Tanke International Group.