Press release
Feed Flavor & Sweetener Market to Profit from Recent Innovations and Marketing Strategies Report.
Market Research Future (MRFR) in its latest report identifies various factors that can have a prominent impact on the market. The growing demand for better livestock yield is one of the major traction providers. The market is also expected to benefit from recent innovations and various marketing strategies.
The global feed flavors & sweeteners market is expected to garner a revenue of USD 2.5 billion by 2027 with a CAGR of 4.1% during the forecast period of 2020 to 2027
The COVID-19 analysis reveals that various disruptions in production and supply have restrained the market a bit. In addition, the fluctuating raw material price can prevent the market from achieving a steady growth.
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Segmentation:
The global market report on the feed flavors & sweeteners market has been studied based on a segmentation that includes source, form, type, and livestock. This report reveals various factors impacting the market and assessed their influence in terms of volumes and revenues to get a fuller picture.
By type, the study on the global feed flavors and sweeteners market has been segmented into flavors and sweeteners. The flavor segment includes savory, sweet, and others. The sweeteners segment comprises glycyrrhizin, neohesperidine dihydrochalcone, saccharine, and others.
By source, the report on the global feed flavors and sweeteners market includes natural and synthetic. The natural segment is witnessing a significant rise.
By form, the study on the global feed flavors & sweeteners market has been segmented into dry and liquid.
By livestock, the feed flavors and sweeteners market can be studied based on swine, pets, ruminants, and others.
Regional Analysis:
Asia Pacific market has the maximum market coverage, and it would continue to do so during the forecast period. Also, the market would outpace others in terms of growth. Rising food demand and growing participation from rural community to boost the market growth.
Competitive Landscape:
Grupo Ferrer Internacional S.A. (Spain), Solvay (Belgium), Nutriad (Belgium), Pancosma (Switzerland), Alltech (US), FeedStimulants (Netherlands), BIOMIN Holding (Austria), DuPont (US), Norel (Spain), Prinova Group LLC (US), Agri-Flavors (US), Origination O2D (US), Kerry Group (Ireland), Pestell Minerals & Ingredients (Canada), Kemin Industries, Inc. (US), and others are significantly contributing to the growth of the feed flavor sweetener market to make sure the market stays on track and their individual prospects get boost. Strategic moves like mergers, rising investment for research and development, acquisitions, collaborations, innovations, branding, marketing strategies, and others are expected to bolster the market growth.
Industry News:
In April 2020, PureCircle announced that the company would now start offering their proprietary NSF-02® stevia flavor solution to its customers without any middleman. Previously, the company use to supply the solution via a third party as a part of its strategic move. This was to extend their natural flavor portfolio. But the recent move will allow them to serve various food companies. The solution is unique as it can enhance the sweetness quality and balance of the flavor profile.
In May 2020, Ingredion EMEA launched their polyol sweetner- ERYSTA Erythritol, which is expected to gain accolades for being a product that can enhance sweetness without adding calories or other side-effects. This will help companies in launching brands with 'sugar-free' and 'no-calorie' tags.
A proper analysis of the COVID-19 impact on the market reveals some disruptions in the entire marketing sector due to the broken links in the supply demand chain. Also, the production process in several countries received some blows due to which the growth would be a bit slow in the coming days.
Browse In-depth Market Research Report: https://www.marketresearchfuture.com/reports/feed-flavors-sweeteners-market-5402
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
+1 646 845 9312
Email: Sales@marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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