North America Feed Flavors and Sweeteners Market is expected to reach USD 630 miPosted by rohan on October 12th, 2017 The North America Feed Flavors and Sweeteners Market was worth USD 520 million in 2016 and estimated to be growing at a CAGR of 3.90%, to reach USD 630 million by 2021. The market is showcasing great potential in the mentioned forecasting period. Feed additives are the edible substances added to the animal food in order to make it tastier or enhance its appearance. Sweetener is a substance used as a substitute of sugar. It is mostly helpful for the people suffering from sugar problems or disease like diabetes in which the intake of sugar is asked to be very low. People have been keeping livestock in form of cattle for a long time for their own benefits like milk and wool from sheep. In order to keep these livestock healthy, they need to provide better food to them, which was provided back then in the form of natural feed additives & sweeteners mixed to the regular feed for the livestock. It wasn’t until the second half of twentieth century, when a R&D started increasing in this sector and many more food additives started coming into the market, of both natural and artificial origin. Same is in the case of sweeteners, they come from both natural sources and are also manufactured artificially. View full report @ http://www.marketdataforecast.com/market-reports/north-america-feed-flavors-sweeteners-market-3380/ With most of the region being already developed, research and development investment in this region in this market is pretty great which is benefitting this market a lot. Main purpose of using Feed Flavors & sweeteners in animal feed is to remove the bitter taste of minerals, vitamins and other medicines to increase the intake of animals. On the other hand, unawareness of people to spend on their livestock is challenging this market. The North America market for Feed Flavors & Sweeteners is broadly categorized by Type and by Livestock. On the basis of Livestock, they are further categorized into cattle, swine, poultry, aquaculture and others. On the basis of Type, there are Natural and Artificial Feed Flavors & Sweeteners. On the basis of livestock, Cattle is the biggest market followed by swine and poultry. Download free sample report @ http://www.marketdataforecast.com/market-reports/north-america-feed-flavors-sweeteners-market-3380/request-sample Geographically, North America feed flavour & sweetener market has been segmented into US and Canada. North America is the second largest market for feed flavor and sweeteners in the world among all the segmented regions accounting for almost 26% of global market share. US is the bigger market among these two countries in this region. Scope of the report:
Buy now @ http://www.marketdataforecast.com/cart Some of the major companies dominating the market, by their products and services include Biomin GMBH, E. I. Dupont, Eli Lilly and Company, Ferrer Internacional S.A., Industrial Técnica Pecuaria, Jefo Nutrition Inc, Kerry Group PLC, Phytobiotics, Prinova and Tanke International Group. About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com. Like it? Share it!More by this author |