LONDON, Nov. 19, 2014 /PRNewswire/ -- Owing to the rise in living standards, the increasing demand for meat consumption, animal products/food, and concern towards the overall health of animals, the demand for better animal feed has increased. These factors are acting as drivers for the feed palatability enhancers & modifiers market. This report estimates the market value of feed palatability enhancers & modifiers products and their types. In terms of geography, the report is segmented into Asia-Pacific, Europe, North America, and Rest of the World (ROW). The feed palatability enhancers & modifiers market is mainly segmented on the basis of type, livestock and geography. With the growing market potential and increasing preference from animal producers, the feed palatability enhancers & modifiers market is likely to witness significant growth in the coming years. The feed flavors, sweeteners and texturants type segments included in this report are based on prevalent alternates, that is, natural and synthetic.
The report estimates the global feed palatability enhancers & modifiers market in terms of value ($million). The drivers, restraints, and opportunities of the animal feed palatability enhancers & modifiers market are also discussed in the report. The report includes the various development strategies of the market players such as mergers & acquisitions, expansion plans, new product launches, participations, and other developments.
The Asia-Pacific is the largest- and fastest-growing market for feed palatability enhancers & modifiers while North America is the second largest market. These two regions are closely followed by Europe while ROW is the slowest-growing market.
The companies enjoying a significant market share are Eli Lily and Company (U.S.), Kerry (Ireland), Associated British Foods (U.K.), and Diana Foods (France). The existing dominant players are leveraging their innovative capabilities and customer relations to commercialize novel products and increase their adoption.
The top four players in the feed palatability enhancers & modifiers industry held a market share of around 21% signifying the participation of a large number of players in this market.
In order to provide a deeper understanding of the competitive landscape, the report profiles 10 key players of the feed palatability enhancers market, and provides more than hundred market tables, categorized according to type, livestock and geography.
The report divides the global feed palatability enhancers& modifiers consumption market into the following four segments:
• North America
• Rest of the World
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