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Feed Flavors, Sweeteners and Natural Enhancers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Global Feed Flavors, Sweeteners and Natural Enhancers Market is segmented by Type (Flavors, Sweeteners, and Natural Enhancers) and by Animal Type (Ruminant, Swine, Poultry, and Others), and by Geography(North America, Europe, Asia-Pacific, South America, Middle East & Africa). The report offers market size and forecasts in terms of value(USD million) for all the above segments.

Market Snapshot

Market CAGR
Study Period: 2017-2027
Base Year: 2021
Fastest Growing Market: Asia-Pacific
Largest Market: Asia-Pacific
CAGR: 4.8 %

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Market Overview

The Feed Flavors, Sweeteners, and Natural Enhancers Market is estimated to register a CAGR of 4.8% during the forecast period. COVID-19 adversely affected livestock production and consumption. This effect ultimately spilled into the feed industry, including the feed flavors, sweeteners, and natural enhancers market. The companies in this industry were also facing issues due to production restraints and supply chain issues. However, the industry is expected to achieve pre-covid demand and production levels in the near future if no further outbreaks disrupt the market.

The market studied is growing due to the rising consumer awareness and demand for quality meat. Government monitoring agencies, such as the US Food and Drug Administration (USFDA) and European Food Safety Authority, imposed rules regarding the quality of food to be delivered to consumers. As meat consumption is increasing across the world, the market studied is witnessing growth. High awareness, the growing demand for animal nutrition, and the ban of antibiotics in many regions are prompting players in the livestock industry and meat manufacturers to use probiotics, which is anticipated to drive the market's growth worldwide.

Scope of the Report

Feed flavors, sweeteners, and natural enhancers are additives products that are added to compound feed to enhance the palatability of feed and make it more eatable. The end consumers of feed additives are feed mills that manufacture compound feed. The market scope excludes supplements directly purchased by farmers to add to the nutritional qualities of the homegrown fee.​

The Global Feed Flavors, Sweeteners, and Natural Enhancers Market is segmented by Type (Flavors, Sweeteners, and Natural Enhancers) and by Animal Type (Ruminant, Swine, Poultry, and Others), and Geography(North America, Europe, Asia-Pacific, South America, Middle East & Africa). The report offers market size and forecasts in terms of value(USD million) for all the above segments.

Type
Flavors
Sweetners
Natural Enhancers
Essential Oils
Flavonoids
Oleoresins
Saponins
Herbs and Spices
Peptides
Nucleotides
Yeast
Probiotics
Others
Animal Type
Ruminants
Swine
Poultry
Other Animal Types
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
South Africa
Egypt
Rest of Middle-East and Africa

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Key Market Trends

Increase in Consumer Awareness Toward Quality Meat Products

The demand for quality meat is increasing globally due to increasing awareness of nutritional requirements in foods. Increasing urbanization, changing lifestyles, and rising income are some factors driving the demand for quality foods. With rising demand for superior-quality meat products, the high-end food service sector and supermarkets offering premium brands are demanding quality meat. This factor pushed the livestock producers to provide quality and healthy livestock to satisfy the quality standards required by various food players and different markets across the world.​

According to the FAO, the protein obtained from animal product consumption is 33%. So, the demand for meat products is increasing. The manufacturers are using flavors, sweeteners, and enhancers to increase the feed intake and supply quality meat to the consumers. The global consumption of meat protein is estimated to rise by 14% by 2030 compared to 2018-2020 due to population growth and income. Protein availability from poultry, beef, pork, and sheep is expected to grow by 17.8%, 5.9%, 13.1%, and 15.7%, respectively, by 2030.​ Better hygiene, animal health programs, and the provision of premium quality animal feed with better taste and texture are some of the important factors that raise the quality of meat. Dairy products will be produced according to the standards set by regulatory bodies.​

Meat Consumption in 2020

Asia-Pacific - The Largest Market for Feed Flavors, Sweeteners and Natural Enhancers

Asia-Pacific is the largest market for feed flavors, sweeteners, and natural enhancers, accounting for a significant share of the overall market. The growing consumer awareness about quality feed and pet food in the region has spurred the demand for feed flavors, sweeteners, and natural enhancers. Moreover, the soaring prices of meat driven by numerous disease outbreaks like the African Swine Fever have led the producers to tap the profits in the region, hence boosting the feed flavors, sweeteners, and natural enhancers market. The rise in income levels in developing countries like India and China is leading to growing numbers of pet ownership, healthcare, and spending, thereby driving the feed palatability enhancers market.

The Chinese animal feed additive industry is heavily influenced by governmental initiatives. The country’s efforts to modernize and find efficiencies in its structure and practices and the increasing demand for meat and animal products to meet the protein needs of the growing population are among the major factors driving the growth of the market studied. India is one of the leading producers of poultry meat in the world. The increase in the average income and the urban population has led to a tremendous increase in poultry demand and a steady increase in consumption over the years. Poultry production has been growing enormously in the region, which would, in turn, create demand for palatability enhancers to improve feed intake and livestock performance.

Market Share

Competitive Landscape

The global feed flavor, sweeteners, and natural enhancers market is fairly consolidated, with major players accounting for 40.4% of total shares in 2021. Evonik Industries Ag, Cargill, Alltech Inc., Dupont Nutrition and Bioscience, and Nutriad (Bluestar Adisseo) are the top five players in the market studied.​ The most adopted strategies for these companies are mergers and acquisitions and, from time to time, collaborations for investments in new product developments and research enhancement.

Recent Development

In May 2022, Adisseo and Entobel entered a collaboration to improve the production of insect’s meal, focused on the performance of the insects and the quality of protein meal, prioritizing the control the ingredients used to feed insects, and their complementarities with the most important feed additives, like methionine and enzymes.​

In April 2022, Novus International announced new corporate office in Bangalore, India, to facilitate frequent engagement with the customers as the city is near poultry hubs, like Coimbatore, Nammakal, Hospet, etc., and it facilitates business growth.

In December 2021, BioMar announced the launch of a new pellet size in the INICIO Plus product family. The INICIO Plus pellets have a diameter size of 0.35 mm and are optimized for covering the nutritional requirements of the fry and for giving an “improved feeding experience”. This extension in the pellet size range of INICIO Plus offers robust and sound growth for many fish species like trout, salmon, and others. ​

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porters' Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Flavors

      2. 5.1.2 Sweetners

      3. 5.1.3 Natural Enhancers

        1. 5.1.3.1 Essential Oils

        2. 5.1.3.2 Flavonoids

        3. 5.1.3.3 Oleoresins

        4. 5.1.3.4 Saponins

        5. 5.1.3.5 Herbs and Spices

        6. 5.1.3.6 Peptides

        7. 5.1.3.7 Nucleotides

        8. 5.1.3.8 Yeast

        9. 5.1.3.9 Probiotics

        10. 5.1.3.10 Others

    2. 5.2 Animal Type

      1. 5.2.1 Ruminants

      2. 5.2.2 Swine

      3. 5.2.3 Poultry

      4. 5.2.4 Other Animal Types

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Egypt

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Evonik Industries AG-

      2. 6.3.2 Biomar Group

      3. 6.3.3 Alltech Inc​

      4. 6.3.4 Cargill Inc.​

      5. 6.3.5 Nutrition & Biosciences​

      6. 6.3.6 Nutriad (Bluestar Adisseo)

      7. 6.3.7 Novus International​

      8. 6.3.8 Kaeslar​

      9. 6.3.9 Kemin Industries Inc.​

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. AN ASSESSMENT OF THE IMPACT OF COVID-19

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Frequently Asked Questions

The Feed Flavors, Sweeteners and Natural Enhancers Market market is studied from 2017 - 2027.

The Feed Flavors, Sweeteners and Natural Enhancers Market is growing at a CAGR of 4.8% over the next 5 years.

Asia-Pacific is growing at the highest CAGR over 2021- 2026.

Asia-Pacific holds highest share in 2021.

Evonik Industries AG, Cargill Inc.​, Alltech Inc, Nutrition & Biosciences, Nutriad (Bluestar Adisseo) are the major companies operating in Feed Flavors, Sweeteners and Natural Enhancers Market.

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