Middle East and Africa feed flavors and sweeteners By Type (Feed Flavours, Feed Sweeteners), Nature (Conventional, Organic), Form (Dry, Liquid), Livestock (Ruminants, Swine, Poultry, Pets, Equine, and Aquaculture) – Industry Trends and Forecast to 2030.
Middle East and Africa Feed Flavors and Sweeteners Market Analysis and Size
Rising demand for feed flavors and sweeteners in wide industrial applications is accelerating the use of feed flavors and sweeteners products which drives the market. Allergies associated with feed flavors and sweeteners are acting as a restraint for the market. Increased awareness about health and nutrition is creating an opportunity for the market. Easy availability of feed flavors and sweeteners substitutes is a challenge for the Middle East and Africa Feed flavors and sweeteners market.
Data Bridge Market Research analyses that the feed flavors and sweeteners market, which was USD 58.92 million in 2022, would rocket up to USD 71.44 million by 2030, and is expected to undergo a CAGR of 2.7% during the forecast period. The complete form of feed flavors and sweeteners dominates the form segment of the feed flavors and sweeteners market owing to the growing number of companies engaged in providing several feminized seeds for home gardeners and growers for medical or recreational purposes. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Middle East and Africa Feed Flavors and Sweeteners Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Feed Flavours, Feed Sweeteners), Nature (Conventional, Organic), Form (Dry, Liquid), Livestock (Ruminants, Swine, Poultry, Pets, Equine, and Aquaculture)
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Countries Covered
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South Africa, Saudi Arabia, Oman, Qatar, UAE, Quwait, and Rest of Middle East and Africa
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Market Players Covered
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Prinova Group LLC (A Subsidiary of NAGASE & CO., LTD.) (Illinois, U.S.), Kemin Industries, Inc. (Lowa, U.S.), pancosma (Rolle, Switzerland), Norel Animal Nutrition(Private), Layn Corp. (Shanghai, China), Dupont (2019)(Delaware, U.S.), Lucta (Madrid, Spain), Pet Flavors Inc.(Private), Phytobiotics Futterzusatzstoffe GmbH (Eltville, Germany), Jefo (Quebec, Canada), Canadian Bio-Systems Inc (Calgary, Canada), Adisseo (2019)(Paris, France), HYET Sweet(Jiangsu, China), BARENTZ(Hoofddrop, The Neetherlands), and Alltech(Kentucky, U.S.)
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Market Opportunities
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Market Definition
Feed flavors and sweeteners is derived from the species of the genus corylus, mainly from the nuts of the species Corylusavellana. It is used in a wide range of industrial applications such as the food and beverages industry, food service industry, cosmetic industry and among others. Feed flavors and sweeteners is a type of nut which can be consumed as a snack and also it is comprised of various kinds of benefits such as it is used to multiple health problems. In personal care & cosmetics, it is used for making natural hair care and skin care products.
Middle East and Africa Feed Flavors and Sweeteners Market Dynamics
Drivers
- Increased business of dairy and meat products
With changing time, it has been witnessed that needs of people keeps on changing rapidly. Now people are getting more and more aware about health and getting physique conscious. People think before they eat which in result has directly hit the consumption pattern of meat and dairy products as they are rich in protein and have significantly less carbohydrates. Increased demand for meat products is due to its qualities and health benefits as it is rich in protein and high in amino acids which are required by human body for metabolism is acting as a driver for growing the demand of Middle East and Africa feed flavors and sweeteners market.
- Rising awareness towards better quality meat products
People these days are literate and well aware about how health is most important and what content they should eat should be more appropriate. More than being health conscious youth is more of physique conscious. So many of people has shifted towards meat diet due to high protein and for those who want to stay well in shape as prescribed by dieticians but to them quality of is one of the critical factor to be considered as it is directly related to feed the livestock consume.
- High demand for flavored feed products
Healthy, nutritious, and full of vitamin diet plays a very vital role in life of both animals and humans. But in the case of an animal, be it a pet or livestock the taste of nutritious feed is very bad, which act as a hindrance between the animal and growth due to bad taste, animals cannot consume appropriate amount of feed which indirectly impacts the health of livestock in an adverse manner.
Moreover, increasing demand for feed flavors has also pushed feed additives and feed ingredients manufacture to expand their business in the segment. And hence companies are coming up with new flavors and customization facility. Not only this, the manufacturers are also taking active participation in exhibition for their product launch to spread awareness in relation to new products.
Opportunities
Maintaining the shelf life and the quality of the feed flavors is a complex procedure. The companies are using advanced technologies to guide industrial experts in maintaining the shelf life of the raw ingredients used in the feed additives. These digital platforms help the local manufacturers, suppliers, distributors and retailers to maintain the consistency of the feed ingredients used in livestock production.
Restraints/Challenges
Feed is directly related to animal husbandry. Animal husbandry is an agricultural activity related to animals from which meat, egg, fiber and other products are derived. These animals are nicely fed so that more meat is derived out of them. These activities are mostly performed by farmers who are not generally literate. So they don’t understand the importance of flavors and sweeteners in feed. And in developing countries animal husbandry and farming are the major activities.
There is a lack of awareness in consumers like farmers who perform these husbandry activities. The product feed flavors and sweeteners are not known to them and hence they cannot even figure out the need for same. In addition to this there are many more factors like high cost of products, no tax exemption, proper government support along with less or negligible monitoring on the import of animal feed industry and many others which is affecting the overall Market in an adverse manner. Thus, it acts as a restraint for the Market.
Recent Development
- In March 2020, Alltech announced their partnership with Corey Nutrition, the aquafeed nutrition company to provide a wide range of feed in the North America region. This collaboration will offer new range of aquafeed with the enriched nutritional composition to enhance the production of aqua species
- In February 2020, Layn Corp. announced the launch of new business unit TruGro Animal Nutrition. This unit will be dedicated to animal nutrition by focusing on palatability, natural anti-oxidation, gut health and AGP replacement. This expands the product portfolio of the company serving more and more needs of customers
Middle East and Africa Feed Flavors and Sweeteners Market Scope
Middle East and Africa feed flavors and sweeteners market is categorized into seven notable segments which are based on the basis of form, category, shape, origin, packaging, application and distribution channel. The growth amongst these segments will help you to analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
TYPE
- Feed Flavours
- Feed Sweeteners
NATURE
- Organic
- Conventional
FORM
- Dry
- Liquid
LIVESTOCK
- Akcakoca
- Ruminants
- Swine
- Poultry
- Pets
- Equine
- Aquaculture
Feed Flavors and Sweeteners Market Regional Analysis/Insights
The feed flavors and sweeteners market is analysed and market size insights and trends are provided by seed type, strain, compound, category, distribution channel, variety of vendors as referenced above.
The countries covered in the feed flavors and sweeteners market report are U.S., Canada, and Mexico.
South Africa dominates the feed flavors and sweeteners market because of the strong base of consumers, strong presence of major players in the Market and rising number of research activities in this country in terms of market share.
South Africa is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increasing demand among consumers about health benefits of feed flavors and sweeteners growing research activities in the region, availability of massive untapped markets, large population pool, and the growing demand for feed flavors and sweeteners in the country.
The country section of the report also provides individual Market impacting factors and changes in regulation in the Market domestically that impacts the current and future trends of the Market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Feed Flavors and Sweeteners Market Share Analysis
The feed flavors and sweeteners market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to surgical microscopes Market.
Some of the major players operating in the feed flavors and sweeteners market are:
- Prinova Group LLC (A Subsidiary of NAGASE & CO., LTD.) (Illinois, U.S.)
- Kemin Industries, Inc. (Lowa, U.S.)
- pancosma (Rolle, Switzerland)
- Layn Corp. (Shanghai, China)
- Dupont (2019) (Delaware, U.S.)
- Lucta (Madrid, Spain)
- Phytobiotics Futterzusatzstoffe GmbH (Eltville, Germany)
- Adisseo (2019) (Paris, France)
- HYET Sweet (Jiangsu, China)
- BARENTZ (Hoofddrop, The Neetherlands)
- Alltech (Kentucky, U.S.)
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