Market Size of South America Feed Palatability Enhancers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Feed Palatability Enhancers Market Analysis
The South America Feed Palatability Enhancers Market is projected to register a CAGR of 5.2% during the forecast period(2020-2025). The rise in meat consumption in the region, increased awareness among farmers about scientific methods of feeding, the growing trend of commercial production, and an attractive export market is driving the meat production. The end consumers are compound feed manufacturers, integrators, farmers, home-mixers, livestock, and aquaculture industry. Additionally, compound feed production in the country is increasing which will further develop the market for palatability enhancers as it masks the unpleasant taste. These help to improve the rate of weight gain, prevent diseases in animals, prevent vitamin deficiencies, and improve feed digestion and conversion. Some of the notable players are DuPont de Nemours, Inc., Pancosma, Kerry Inc., Symrise, Adisseo, Elanco, Kent Nutrition Group, Grupo Diana, and others.
