DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/93hdjr/global_feed) has announced the addition of the "Global Feed Palatability Enhancers market - Growth, Trends And Forecasts (2015-2020)" report to their offering.
The North American Feed Palatability Enhancers market was valued at over $2,425 million in 2015 and is expected to reach $2872.2 million by 2020 growing at a CAGR of 3.6%.
Palatability Enhancers contribute to the flavor, taste and aroma of the feed. These products help to enhance the growth of animals by maximizing feed intake. The inclusion of these palatability enhancers in the feed has a positive effect on the animal health as it is mixed with other feed additives with nutritional value.
The rise in the meat consumption globally, increased awareness among farmers about scientific methods of feeding and growing trend of farm mechanization have contributed to global market growth. Palatability enhancers primarily mask the unpleasant taste, odor and provide better aroma, texture and flavor thus making the feed more preferable.
Asia Pacific is the largest and fastest growing market at 3.9% which is well above the global rate. The region is estimated to cross $1 billion by 2020 accounting for nearly 38% of the global market share. Poultry feed is the biggest segment showing promising growth trends.
Key Topics Covered:
2. Key Findings
3. Market Overview
4. Market Segmentation
5. Competitive Landscape Overview
6. Company Profiles
- Associated British Foods PLC
- Diana Group
- E. I. Dupont
- Eli Lilly and Company
- Ensign-Bickford Industries Inc.
- Kemin Europa
- Kent Feeds Inc.
- Kerry Group PLC
Tanke International Group
For more information visit http://www.researchandmarkets.com/research/93hdjr/global_feed