Dallas, TX -- (ReleaseWire) -- 06/25/2014 -- The “Feed Flavors & Sweeteners Market by Type (Natural and Synthetic), by Livestock (Swine, Poultry, Cattle, Aquaculture, and Others) - Global Trends & Forecasts to 2019” defines and segments the global feed flavors and sweeteners market with an analysis and forecasting of the market value of types of feed flavors and sweeteners. The report also identifies the driving and restraining factors for the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and values are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). The key countries are covered and forecasted for each region.
Browse 90 tables and 21 figures spread through 194 pages combined with an in-depth TOC on "Feed Flavors & Sweeteners Market - Global Trends & Forecasts to 2019”
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According to the report published by MarketsandMarkets, the feed flavors and sweeteners market was valued at $1,804.3 million in 2013 and is estimated to grow at a CAGR of 3.6% from 2014 to 2019. In 2013, Asia-Pacific led the global market with the highest share followed by North America and Europe in terms of market value.
Flavors are feed additives that are used to enhance taste and smell of the feed to stimulate intake. The aroma of the feed is the first stimulus that encourages the animal to consume it. The flavors also mask the unpleasant taste of the feed that is a result of addition of other feed additives for medicinal purposes. Sweeteners are products used to sweeten the feed and are used as a substitute for sugar.
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Some of the major players in the global feed flavors and sweeteners market are E.I.DuPont (U.S.), Kerry Group (Ireland), Eli Lilly & Co. (U.S.), and others. These companies provide an extensive range of products, which offer specialized benefits to animals including swine, poultry, ruminant, and the aqua species.
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