BIOMIN is an animal nutrition company, it develops and produces feed additives, premixes, and services for healthy and profitable animals. Our solutions cover mycotoxin risk management and natural growth promotion for poultry, swine, ruminants, and aquaculture. BIOMIN research teams in discovery and scouting, enzymology, bioprocess development, cell biology, analytical chemistry, gutomics, and bioactive ingredient formulation. To develop the new methods, frequently down to the molecular level, as tools that lay the foundation for new inventions in the animal feed industry.
Market Data Forecast published a report named Feed Flavours and sweeteners market. It is valued at USD 2.16 billion in 2018 and estimated to be growing at a CAGR of 3.60%, to reach USD 2.58 billion by 2023.
Report is segmented by
- Natural feed flavors
- Artificial feed flavors
Based on livestock segment livestock producers have constantly been demanding flavored feed products for ruminants. Also, exponentially increasing demand for ruminant-based products such as beef and processed dairy is another factor that has been fueling the demand for flavors and sweeteners products. Cattle is the biggest market followed by poultry and swine. On the basis of the type, the feed flavors segment is dominating the market.
Geographically the market is analysed under various countries namely, Asia-Pacific, North America, Middle East and Africa, Latin America and Europe. Asia-Pacific has the highest market share among all the segmented regions and also the fastest growing region in the world.
Key market players in the market are –
- Biomin GMBH,
- E. I. Dupont,
- Eli Lilly and Company,
- Ferrer Internacional S.A.,
- Industrial Técnica Pecuaria.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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