Market Research Future (Food and Beverages) Feed Flavors and Sweeteners Market Research Report | Page 4

Feed Flavors and Sweeteners Market Research Report- Forecast till 2023
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On the basis of the type, it is segmented into feed flavors; further sub-segmented into thaumatin, aniseed, citrus,
milky vanilla, red fruits, and others, and feed sweeteners which is further sub-segmented into glycyrrhicine,
saccharine, thaumatin, and others. Among both, the feed flavors segment is dominating the market owing to its
higher use in the feed products for enhancing the flavor and aroma properties.
On the basis of the form, it is segmented into dry, liquid, and others. The dry segment is dominating the market.
Ease of handling and storage has uplifted the demand for the dry form.
On the basis of the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the
poultry segment is dominating the market based on increased consumption of poultry and meat products globally.
However, the swine segment is projected to witness steady growth over the forecast period owing to increasing
demand for meat & meat products globally.
Regional Analysis:
The global feed flavors and sweeteners market are segmented into North America, Europe, Asia Pacific, and rest
of the world (RoW). Asia Pacific is dominating the feed flavors and sweeteners market followed by North America.
In the Asia Pacific region, India & China are the major consumers of feed flavors and sweeteners, which, in turn,
boosts the market growth in this region. Furthermore, increasing demand for feed additives such as flavors &
sweeteners among the livestock holders in developing countries of Asia Pacific is giving a push to the growth of
the feed flavors and sweeteners market.
Moreover, rising demand for feed additives such as binders & enhancers in countries like the U.S., Canada, and
Mexico in the North American region is projected to boost the feed flavors and sweeteners market during the
forecast period.
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