Asia Pacific Feed Palatability Enhancers Market By Type (Flavors, Sweeteners, Aroma Enhancers), By Livestock (Swine, Poultry, Cattle, Pets, Aquaculture, And Others), And Region -Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2027.
Asia Pacific Feed Palatability Enhancers Market Size, Growth, Trends and Forecast:
Asia Pacific Feed Palatability Enhancers market is anticipated to grow at 4.32% CAGR from 2021 to 2026 and it is estimated that the Asia Pacific market was valued at USD 0.99 billion in 2021 and is expected to reach USD1.22 billion by 2026
Palatability enhancers are used to enhance the taste, smell and texture of pet foods to increase their desirability to companion animals. The bitter taste of vitamins, minerals and other medicines can be minimized by mixing palatability enhancers to the animal feed and thereby helping in increasing the intake of feed by animals. Moreover, palatability enhancer increases shelf life stability to the product
The feed palatability enhancers market is fueled by the rise in the meat consumption all over the world. The feed palatability enhancers market has been growing at a steady rate over the last few years. The high consumption and export of meat in the Asia Pacific are fueling the market in the region. The unpleasant smell and bitter taste of the feed that comes from feed additives–that are considered good for the gut health of the digestive tract in the animals and are also a good substitute to the antibiotics in the feed are neutralized by the flavors and sweeteners. The market for these products is growing in developing economies such as China, India, and Brazil.
Asia Pacific Feed Palatability Enhancers Market Segmentations:
Asia Pacific Feed Palatability Enhancers Market – By Type:
-
Flavors
- Sweeteners
- Aroma Enhancers
Asia Pacific Feed Palatability Enhancers Market – By Livestock:
- Swine
- Poultry
- Cattle
- Pets
- Aquaculture
- Others
Geographical Analysis:
On the basis of geography, the market is analyzed under various regions namely
- India
- China
- Japan
- Australia
- South Korea
Asia Pacific accounted for the largest share of the market followed by North America and Europe. Asia Pacific is also expected to register the highest CAGR in the coming years.
Key Players:
The market is dominated by companies like Associated British Foods PLC, Diana Group, E. I. Dupont. Eli Lilly and Company, Ferrer, Kemin Europa, Kent Feeds Inc., Kerry Group PLC, Ensign-Bickford Industries Inc., and Tanke International Group.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Livestock
5.1.1 Introduction
5.1.2 Swine
5.1.3 Poultry
5.1.4 Cattle
5.1.5 Pets
5.1.6 Aquaculture
5.1.7 Others
5.1.8 Y-o-Y Growth Analysis, By Livestock
5.1.9 Market Attractiveness Analysis, By Livestock
5.1.10 Market Share Analysis, By ProducLivestockt
5.2 Type
5.2.1 Introduction
5.2.2 Flavors
5.2.3 Sweeteners
5.2.4 Aroma Enhancers
5.2.5 Y-o-Y Growth Analysis, By Type
5.2.6 Market Attractiveness Analysis, By Type
5.2.7 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Livestock
6.1.3.3 By Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Livestock
6.1.4.3 By Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Livestock
6.1.5.3 By Type
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Associated British Foods PLC
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 E. I. Dupont. Eli Lilly and Company
8.3 Diana Group
8.4 Ferrer
8.5 Kemin Europa
8.6 Kent Feeds Inc.
8.7 Kerry Group PLC
8.8 Ensign-Bickford Industries Inc.
8.9 Tanke International Group.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
- Asia Pacific Feed Palatability Enhancers Market By Type, From 2022 - 2027( USD Billion )
- Asia Pacific Flavors Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Sweeteners Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Aroma Enhancers Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Feed Palatability Enhancers Market By Livestock, From 2022 - 2027( USD Billion )
- Asia Pacific Swine Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Poultry Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Cattle Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Pets Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Aquaculture Market By Region, From 2022 - 2027( USD Billion )
- Asia Pacific Others Market By Region, From 2022 - 2027( USD Billion )
- Japan Feed Palatability Enhancers Market By Type, From 2022 - 2027( USD Billion )
- Japan Feed Palatability Enhancers Market By Livestock, From 2022 - 2027( USD Billion )
- China Feed Palatability Enhancers Market By Type, From 2022 - 2027( USD Billion )
- China Feed Palatability Enhancers Market By Livestock, From 2022 - 2027( USD Billion )
- India Feed Palatability Enhancers Market By Type, From 2022 - 2027( USD Billion )
- India Feed Palatability Enhancers Market By Livestock, From 2022 - 2027( USD Billion )
- Australia Feed Palatability Enhancers Market By Type, From 2022 - 2027( USD Billion )
- Australia Feed Palatability Enhancers Market By Livestock, From 2022 - 2027( USD Billion )
- South Korea Feed Palatability Enhancers Market By Type, From 2022 - 2027( USD Billion )
- South Korea Feed Palatability Enhancers Market By Livestock, From 2022 - 2027( USD Billion )
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