Asia Pacific Feed Flavours Market By Flavour ( Fruits, Spices, Butter And Others) , By Livestock ( Ruminants, Swine, Poultry, Aquaculture And Others) , By Form ( Dry And Liquid) , By Source ( Natural And Synthetic) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029.

Updated On: January, 2024
ID: 6106
Pages: 145

Asia Pacific Feed Flavours Market Size, Growth, Trends and Forecast:

Asia Pacific Feed Flavours Market was worth USD 0.39 billion in 2021 and estimated to be growing at a CAGR of 3.97%, to reach USD 0.72 billion by 2026. They have been gaining popularity in the recent years as people have realised the importance and benefits of providing good quality feed. Three has been a growth in the meat and dairy industry too.

Drivers and Restraints of Asia Pacific Feed Flavours Market:

The market factors driving the market include tremendous growth of the meat & dairy products industries, increasing demand for palatability boosting ingredients and increasing awareness of consumers towards quality meat products. Additionally, innovative husbandry practices are being adopted which further fuel the growth of the market. However, the lack of awareness about palatability-boosting additives in developing countries may act as a restraining factor for this market in coming years

Asia Pacific Feed Flavours Market Segmentation:

Asia Pacific Feed Flavours Market - By Flavour:

  • Fruits
  • Spices
  • Butter
  • Others

Asia Pacific Feed Flavours Market - By Livestock:

  • Ruminants
  • Swine
  • Poultry
  • Aquaculture
  • Others

Asia Pacific Feed Flavours Market - By Form:

  • Dry
  • Liquid
  • Source
  • Natural
  • Synthetic

Geographical Analysis:

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

  • China
  • India
  • Japan
  • Australia
  • South Korea

Asia Pacific is expected to grow at the highest CAGR.

Key Players:

Some of the major companies dominating the market, by their products and services include Nutriad (Belgium), Pancosma (Switzerland), Alltech (US), FeedStimulants (the Netherlands), BIOMIN Holding (Austria), DuPont (US), Norel (Spain), Prinova Group (US), Agri-Flavors (US), Origination O2D (US), Kerry Group (Ireland), and Pestell Minerals & Ingredients (Canada).

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