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Latin America Feed Palatability Enhancers Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type, Livestock, And By Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 6448
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Feed Palatability Enhancers Market Size (2024 to 2029):

Latin America feed palatability enhancers market size is expected to reach USD 0.57 billion in 2024 and reach USD 0.69 billion by 2029, growing at a CAGR of 3.78 % from 2024 to 2029.  

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 into the animal feed, thereby helping to increase the intake of feed by animals. Moreover, palatability enhancer increases the shelf life stability of the product.

The feed palatability enhancers market is fueled by the rise in 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 for 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.

This research report on the Latin American feed palatability enhancers market is segmented and sub-segmented into the following categories:

Latin America Feed Palatability Enhancers Market - By Type:

  • Flavors
  • Sweeteners
  • Aroma Enhancers

Latin America Feed Palatability Enhancers Market - By Livestock:

  • Swine
  • Poultry
  • Cattle
  • Pets
  • Aquaculture
  • Others

Latin America Feed Palatability Enhancers Market - By Country:

  • Brazil
  • Argentina
  • Chile
  • Mexico
  • South America
  • Rest of Latin America

KEY MARKET PLAYERS:

The market is dominated by companies like Associated British Foods PLC, Diana Group, and E. I. Dupont. Eli Lilly and Company, Ferrer, Kemin Europa, Kent Feeds Inc., Kerry Group PLC, Ensign-Bickford Industries Inc., and Tanke International Group.

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