North America Feed Flavours Market

North America Feed Flavours Market was worth USD 1.12 billion in 2020 and estimated to be growing at a CAGR of 3.21%, to reach USD 2.21 billion by 2025 They have been gaining popularity in the recent years as people have realised the importance and benefits of providing good quality feed. Three has been a growth in the meat and dairy industry too.

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The market factors driving the market include tremendous growth of the meat & dairy products industries, increasing demand for palatability boosting ingredients and increasing awareness of consumers towards quality meat products. Additionally, innovative husbandry practices are being adopted which further fuel the growth of the market. However, the lack of awareness about palatability-boosting additives in developing countries may act as a restraining factor for this market in coming years.

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Market Segmentation:

The Global market for Feed Flavours is broadly categorized into

Flavour

o   Fruits

o   Spices

o   Butter

o   Others

Livestock

o   Ruminants

o   Swine

o   Poultry

o   Aquaculture

o   Others

Form

o   Dry

o   Liquid

Source

o   Natural

o   Synthetic

Geographical Analysis:

On the basis of geography, the market is analysed under various regions namely

o   U.S.A

o   Canada.

The Feed Flavours market was dominated by North America followed by Europe.

Major Key Players:

Some of the major companies dominating the market, by their products and services include Nutriad (Belgium), Pancosma (Switzerland), Alltech (US), FeedStimulants (the Netherlands), BIOMIN Holding (Austria), DuPont (US), Norel (Spain), Prinova Group (US), Agri-Flavors (US), Origination O2D (US), Kerry Group (Ireland), and Pestell Minerals & Ingredients (Canada).