Feed flavor and sweetener ingredients can be categorized into feed flavors and feed sweeteners. Feed flavors consist of substances incorporated into animal feed to augment its palatability, encouraging animals to consume more. These flavors derive from both natural and synthetic sources and are available in various forms, including powder and liquid. They find applications across diverse livestock species, including ruminants, swine, poultry, aquatic animals, and others.
The feed flavor and sweetener ingredients market research report provides feed flavor and sweetener ingredients market statistics, including feed flavor and sweetener ingredients industry global market size, regional shares, competitors with a feed flavor and sweetener ingredients market share, detailed feed flavor and sweetener ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the feed flavor and sweetener ingredients industry. This feed flavor and sweetener ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The feed flavor and sweetener ingredients market has grown strongly in recent years. It will grow from $4.63 billion in 2023 to $5.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%.
The expansion observed in the historical period can be ascribed to the desire of consumers for high-quality animal products, the improvement of palatability, innovations in chemical formulations, changes in industry regulations, and the market's call for a variety of feeds.
The feed flavor and sweetener ingredients market is expected to see strong growth in the next few years. It will grow to $6.63 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The anticipated growth in the forecast period can be credited to the transition towards natural and organic products, advancements in functional ingredients, the increase in animal feed production, a surge in pet ownership, and the adoption of sustainable and ethical sourcing practices. Key trends expected in the forecast period encompass a heightened emphasis on sustainable sourcing, expanded activities in the aquaculture and pet food sectors, the pursuit of customization and tailored solutions, technological advancements in formulations, and the influence of health and wellness trends.
The surge in the demand for pet food is poised to drive the growth of the feed flavor and sweetener ingredients market in the future. Pet food, tailored to meet the nutritional needs of domestic animals, includes the use of feed flavor and sweetener ingredients as taste modifiers to enhance palatability. These ingredients play a crucial role in ensuring the attractiveness of the feed, ultimately achieving the recommended intake levels. For example, as reported by the United States Department of Agriculture in February 2023, the US exported pet foods worth $304 million to China in 2022, marking a remarkable 200% increase in pet food exports, constituting half of the total imports. Hence, the escalating demand for pet food is a key driver behind the growth of the feed flavor and sweetener ingredients market.
The expansion in livestock production is anticipated to contribute to the growth of the feed flavor and sweetener ingredients market. Livestock production involves the breeding and raising of animals for various purposes, including the production of meat, milk, eggs, wool, and other by-products. The incorporation of feed flavor and sweetener ingredients in livestock feed aims to enhance palatability, making the feed more appealing and improving overall acceptability. This, in turn, boosts intake and contributes to the overall health and performance of the animals. As reported in 2022 by GOV.UK, the UK witnessed growth in its livestock output, reaching £19.3 billion in 2022, reflecting a substantial 16% increase of £2.7 billion from the previous year. Therefore, the expansion in livestock production is a driving force behind the feed flavor and sweetener ingredients market.
Major companies in the feed flavor and sweetener ingredients sector are actively pursuing innovative solutions. In November 2022, Archer-Daniels-Midland Company, a US-based food processing company, introduced SUCRAM, an in-feed sweetening solution tailored for various animal species. This solution activates the sweet taste receptors in swine, promoting increased feed intake. SUCRAM contributes to elevated nutritional value, heightened efficiency for producers, and enhanced animal well-being and health by optimizing feed consumption.
Companies in the feed flavor and sweetener ingredients market are strategically focusing on innovative product solutions, exemplified by the introduction of the INICIO Plus product family. This product family is designed to address market demands, regulatory changes, and sustainability requirements while ensuring competitiveness and meeting customer needs. For instance, in December 2021, BioMar Group A/S, a Denmark-based fish feed manufacturer, launched a new pellet size within the INICIO Plus product family. This pellet size, with a diameter of 0.35 mm, is tailored for the initial feeding of fry across various fish species. The INICIO Plus pellets are optimized to meet the nutritional needs of the smallest fry, offering improved feeding for species such as trout, salmon, and marine fish.
In August 2022, FlavorSum, a US-based flavor producer, completed the acquisition of Meridian Flavors for an undisclosed amount. This strategic move enables FlavorSum to expand its resources to cater to the needs of new, small, and midsize businesses in the food and beverage sector. Meridian Flavors, a US-based company specializing in pet food and flavors, focuses on organic, natural, and non-GMO ingredients.
Major companies operating in the feed flavor and sweetener ingredients market report are Alltech Biotechnology Private Limited, Palital Feed Additives B.V., Solvay S.A., E.I. du Pont de Nemours & Company, Kerry Group plc, Kemin Industries Inc., Biomin Holding GmbH, Norel S.A., Nutriad International NV, Pancosma, Phytobiotics Futterzusatzstoffe GmbH, Origination OD Inc., Prinova Group LLC, Kaesler Nutrition GmbH, InRoads International LLC, Aromatech Group, Bell Flavors & Fragrances, Cargill Inc., Diana Pet Food, Firmenich SA, Givaudan SA, International Flavors & Fragrances Inc., Kalsec Inc., Mane SA, Robertet SA, Sensient Technologies Corporation, Symrise AG, Takasago International Corporation, Tate & Lyle PLC, Treatt PLC, Archer-Daniels-Midland Company, Badische Anilin- und Sodafabrik, DSM Nutritional Products AG, Evonik Industries AG, Novus International Inc., Nutreco N.V., Provimi Holding B.V., Royal DSM N.V., Trouw Nutrition International B.V., Zoetis Inc.
Asia-Pacific was the largest region in the feed flavor and sweetener ingredients market in 2023. It is expected to be the fastest-growing region in the global feed flavor and sweetener ingredients market report during the forecast period. The regions covered in the feed flavor and sweetener ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the feed flavor and sweetener ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The feed flavor and sweetener ingredients market consist of sales of essential oils, terpenes, aromatic compounds, and molasses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The feed flavor and sweetener ingredients market research report provides feed flavor and sweetener ingredients market statistics, including feed flavor and sweetener ingredients industry global market size, regional shares, competitors with a feed flavor and sweetener ingredients market share, detailed feed flavor and sweetener ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the feed flavor and sweetener ingredients industry. This feed flavor and sweetener ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The feed flavor and sweetener ingredients market has grown strongly in recent years. It will grow from $4.63 billion in 2023 to $5.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%.
The expansion observed in the historical period can be ascribed to the desire of consumers for high-quality animal products, the improvement of palatability, innovations in chemical formulations, changes in industry regulations, and the market's call for a variety of feeds.
The feed flavor and sweetener ingredients market is expected to see strong growth in the next few years. It will grow to $6.63 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The anticipated growth in the forecast period can be credited to the transition towards natural and organic products, advancements in functional ingredients, the increase in animal feed production, a surge in pet ownership, and the adoption of sustainable and ethical sourcing practices. Key trends expected in the forecast period encompass a heightened emphasis on sustainable sourcing, expanded activities in the aquaculture and pet food sectors, the pursuit of customization and tailored solutions, technological advancements in formulations, and the influence of health and wellness trends.
The surge in the demand for pet food is poised to drive the growth of the feed flavor and sweetener ingredients market in the future. Pet food, tailored to meet the nutritional needs of domestic animals, includes the use of feed flavor and sweetener ingredients as taste modifiers to enhance palatability. These ingredients play a crucial role in ensuring the attractiveness of the feed, ultimately achieving the recommended intake levels. For example, as reported by the United States Department of Agriculture in February 2023, the US exported pet foods worth $304 million to China in 2022, marking a remarkable 200% increase in pet food exports, constituting half of the total imports. Hence, the escalating demand for pet food is a key driver behind the growth of the feed flavor and sweetener ingredients market.
The expansion in livestock production is anticipated to contribute to the growth of the feed flavor and sweetener ingredients market. Livestock production involves the breeding and raising of animals for various purposes, including the production of meat, milk, eggs, wool, and other by-products. The incorporation of feed flavor and sweetener ingredients in livestock feed aims to enhance palatability, making the feed more appealing and improving overall acceptability. This, in turn, boosts intake and contributes to the overall health and performance of the animals. As reported in 2022 by GOV.UK, the UK witnessed growth in its livestock output, reaching £19.3 billion in 2022, reflecting a substantial 16% increase of £2.7 billion from the previous year. Therefore, the expansion in livestock production is a driving force behind the feed flavor and sweetener ingredients market.
Major companies in the feed flavor and sweetener ingredients sector are actively pursuing innovative solutions. In November 2022, Archer-Daniels-Midland Company, a US-based food processing company, introduced SUCRAM, an in-feed sweetening solution tailored for various animal species. This solution activates the sweet taste receptors in swine, promoting increased feed intake. SUCRAM contributes to elevated nutritional value, heightened efficiency for producers, and enhanced animal well-being and health by optimizing feed consumption.
Companies in the feed flavor and sweetener ingredients market are strategically focusing on innovative product solutions, exemplified by the introduction of the INICIO Plus product family. This product family is designed to address market demands, regulatory changes, and sustainability requirements while ensuring competitiveness and meeting customer needs. For instance, in December 2021, BioMar Group A/S, a Denmark-based fish feed manufacturer, launched a new pellet size within the INICIO Plus product family. This pellet size, with a diameter of 0.35 mm, is tailored for the initial feeding of fry across various fish species. The INICIO Plus pellets are optimized to meet the nutritional needs of the smallest fry, offering improved feeding for species such as trout, salmon, and marine fish.
In August 2022, FlavorSum, a US-based flavor producer, completed the acquisition of Meridian Flavors for an undisclosed amount. This strategic move enables FlavorSum to expand its resources to cater to the needs of new, small, and midsize businesses in the food and beverage sector. Meridian Flavors, a US-based company specializing in pet food and flavors, focuses on organic, natural, and non-GMO ingredients.
Major companies operating in the feed flavor and sweetener ingredients market report are Alltech Biotechnology Private Limited, Palital Feed Additives B.V., Solvay S.A., E.I. du Pont de Nemours & Company, Kerry Group plc, Kemin Industries Inc., Biomin Holding GmbH, Norel S.A., Nutriad International NV, Pancosma, Phytobiotics Futterzusatzstoffe GmbH, Origination OD Inc., Prinova Group LLC, Kaesler Nutrition GmbH, InRoads International LLC, Aromatech Group, Bell Flavors & Fragrances, Cargill Inc., Diana Pet Food, Firmenich SA, Givaudan SA, International Flavors & Fragrances Inc., Kalsec Inc., Mane SA, Robertet SA, Sensient Technologies Corporation, Symrise AG, Takasago International Corporation, Tate & Lyle PLC, Treatt PLC, Archer-Daniels-Midland Company, Badische Anilin- und Sodafabrik, DSM Nutritional Products AG, Evonik Industries AG, Novus International Inc., Nutreco N.V., Provimi Holding B.V., Royal DSM N.V., Trouw Nutrition International B.V., Zoetis Inc.
Asia-Pacific was the largest region in the feed flavor and sweetener ingredients market in 2023. It is expected to be the fastest-growing region in the global feed flavor and sweetener ingredients market report during the forecast period. The regions covered in the feed flavor and sweetener ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the feed flavor and sweetener ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The feed flavor and sweetener ingredients market consist of sales of essential oils, terpenes, aromatic compounds, and molasses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Feed Flavor and Sweetener Ingredients Market Characteristics3. Feed Flavor and Sweetener Ingredients Market Trends and Strategies31. Global Feed Flavor and Sweetener Ingredients Market Competitive Benchmarking32. Global Feed Flavor and Sweetener Ingredients Market Competitive Dashboard33. Key Mergers and Acquisitions in the Feed Flavor and Sweetener Ingredients Market
4. Feed Flavor and Sweetener Ingredients Market - Macro Economic Scenario
5. Global Feed Flavor and Sweetener Ingredients Market Size and Growth
6. Feed Flavor and Sweetener Ingredients Market Segmentation
7. Feed Flavor and Sweetener Ingredients Market Regional and Country Analysis
8. Asia-Pacific Feed Flavor and Sweetener Ingredients Market
9. China Feed Flavor and Sweetener Ingredients Market
10. India Feed Flavor and Sweetener Ingredients Market
11. Japan Feed Flavor and Sweetener Ingredients Market
12. Australia Feed Flavor and Sweetener Ingredients Market
13. Indonesia Feed Flavor and Sweetener Ingredients Market
14. South Korea Feed Flavor and Sweetener Ingredients Market
15. Western Europe Feed Flavor and Sweetener Ingredients Market
16. UK Feed Flavor and Sweetener Ingredients Market
17. Germany Feed Flavor and Sweetener Ingredients Market
18. France Feed Flavor and Sweetener Ingredients Market
19. Italy Feed Flavor and Sweetener Ingredients Market
20. Spain Feed Flavor and Sweetener Ingredients Market
21. Eastern Europe Feed Flavor and Sweetener Ingredients Market
22. Russia Feed Flavor and Sweetener Ingredients Market
23. North America Feed Flavor and Sweetener Ingredients Market
24. USA Feed Flavor and Sweetener Ingredients Market
25. Canada Feed Flavor and Sweetener Ingredients Market
26. South America Feed Flavor and Sweetener Ingredients Market
27. Brazil Feed Flavor and Sweetener Ingredients Market
28. Middle East Feed Flavor and Sweetener Ingredients Market
29. Africa Feed Flavor and Sweetener Ingredients Market
30. Feed Flavor and Sweetener Ingredients Market Competitive Landscape and Company Profiles
34. Feed Flavor and Sweetener Ingredients Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on feed flavor and sweetener ingredients market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for feed flavor and sweetener ingredients? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Type: Feed flavors; Feed sweeteners
2) By Source: Natural; Synthetic
3) By Form: Powder; Liquid
4) By Livestock: Ruminants; Swine; Poultry; Aquatic animals; Other Livestock
Key Companies Mentioned: Alltech Biotechnology Private Limited; Palital Feed Additives B.V.; Solvay S.A.; E.I. du Pont de Nemours & Company; Kerry Group plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Alltech Biotechnology Private Limited
- Palital Feed Additives B.V.
- Solvay S.A.
- E.I. du Pont de Nemours & Company
- Kerry Group plc
- Kemin Industries Inc.
- Biomin Holding GmbH
- Norel S.A.
- Nutriad International NV
- Pancosma
- Phytobiotics Futterzusatzstoffe GmbH
- Origination OD Inc.
- Prinova Group LLC
- Kaesler Nutrition GmbH
- InRoads International LLC
- Aromatech Group
- Bell Flavors & Fragrances
- Cargill Inc.
- Diana Pet Food
- Firmenich SA
- Givaudan SA
- International Flavors & Fragrances Inc.
- Kalsec Inc.
- Mane SA
- Robertet SA
- Sensient Technologies Corporation
- Symrise AG
- Takasago International Corporation
- Tate & Lyle PLC
- Treatt PLC
- Archer-Daniels-Midland Company
- Badische Anilin- und Sodafabrik
- DSM Nutritional Products AG
- Evonik Industries AG
- Novus International Inc.
- Nutreco N.V.
- Provimi Holding B.V.
- Royal DSM N.V.
- Trouw Nutrition International B.V.
- Zoetis Inc.
Methodology
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