Market Research Future (Food and Beverages) Feed Palatability Enhancers Market Research Report | Page 3

Feed Palatability Enhancers Market Research Report- Forecast to 2023
2 Market Overview
Feed palatability enhancers are added to livestock food formulation to enhance the taste, texture, and aroma of the
feed. They help to improve the quality of the feed which contributes to increased feed intake among the livestock.
The most commonly added feed palatability ingredients include flavors, sweeteners, aroma enhancers, and others.
They contribute towards improved animal health and reduce the livestock diseases which further helps in quality of
products derived from livestock. Growing livestock industry is driving the market for feed palatability enhancers.
Feed palatability enhancers are means to improve the quality of livestock feed, increase feed consumption and
enhance the performance of the livestock. Growing population in developing countries has increased the demand
for production and consumption of poultry, swine, aquaculture, and other livestock which is driving the market for
feed palatability enhancers. Moreover, rising cost of natural feed is boosting the growth of feed palatability enhancers
market.
Segment:
Feed palatability enhancers market is segmented by types such as Sweeteners, Flavors, Aroma Enhancers and
others. Among all, the flavors segment is anticipated to be the fastest growing segment followed by the aroma
segment over the forecast period.
On the basis of livestock, feed palatability enhancers can be segmented into Swine, Ruminants, Poultry, Aquaculture,
Pets and others. Among all, the pets segment is dominating the market in consumption of feed palatability enhancers
market. However, the poultry segment is projected to grow substantially over the forecast period.
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