Market Size of Asia-Pacific Feed Palatability Enhancers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.70 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Feed Palatability Enhancers Market Analysis
The Asia-Pacific feed palatability enhancers market is projected to register a CAGR of 5.7% during the forecast period (2020-2025). Increasing meat consumption is driving the feed palatability enhancers market. The demand for high-quality meat and meat products from health-conscious consumers, growing commercial production of livestock and increasing concern about animal health are further driving the market. The market for feed palatability enhancers is highly fragmented with the presence of key international players and many small players competing in the market. Companies like Associated British Foods plc (Ohly) Kerry Inc., Diana Group, Kemin Industries, Inc., Adisseo, and Ensign-Bickford Industries Inc. are some of the leading players in the market