Global Feed Flavors And Sweeteners Market is expected to grow with the healthy CAGR of 5.3% in the forecast period of 2020to 2027. The years considered for study are as mentioned below.
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Global feed flavors and sweeteners market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments in expanding their production facility for manufacturing of different feed flavors and sweeteners, various acquisitions and partnership to enter in specific market have led the manufacturers to established their foot prints.
The major players dealing in global feed flavors and sweeteners market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio. For instance, in March 2020, Alltech announced their partnership with Corey Nutrition, the aquafeed nutrition company to provide the wide range of feed in North America region. This collaboration will offer the new range of aquafeed with the enriched nutritional composition to enhance the production of aqua species.
Adisseo is the dominating player in the global feed flavors and sweeteners market. The other key players existing in the market includes Prinova Group LLC (A Subsidiary of NAGASE & CO., LTD.), Kemin Industries, Inc., pancosma, Norel Animal Nutrition, Layn Corp., Dupont, Lucta, Pet Flavors Inc., Phytobiotics Futterzusatzstoffe GmbH, Alltech, INROADS INTERNATIONAL, Agri-Flavors, Inc., Palital Feed Additives B.V., Jefo, Feed Flavors Asia Co.,Ltd, Canadian Bio-Systems Inc., HYET Sweet, BARENTZ., PMT Inc. and among others.
Adisseo:
Adisseo headquartered in Paris, France was founded in 2002.The company deals in animal feed and nutrition serving sector which is providing qualitative, sustainable, affordable and safe solutions. The company has various business segments including performance products, speciality products and other products in which speciality products segment is the market focused. Adisseo provides variety of products and services for animal nutrition under the categories as palatability, essential nutrients, feed digestibility, health by nutrition, feed preservation and mycotoxin management among which the market focused products lies under palatability category.
For instance,
- In March 2019, Adisseo sponsors Feedipedia, an open information system which provides information about animal feed resources as their nature chemical composition, nature, nutritional value among others. This partnership has helped them gain most of the information which they can further use for product development.
The company has wide global presence across the globe such as in North America, Europe, Middle East and Africa, South America and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as Adisseo France SAS (France), Drakkar Holdings S.A. (Belgium), Blue Star Adisseo Nutrition Group Co., Ltd. (China) among others. The company is continuously engaged in expanding their foot print in feed flavors and sweeteners market.
pancosma:
pancosma, a part of ADM was headquartered in Rolle, Switzerlandand founded in 1947. The company focuses on manufacturing and innovating animal feed additives. The company offers products of various forms of feed additives. The company deals in different products such as tek, sucram, Xtract, B traxim, citristim, organic acids, magnasweet, taktik, carbovet, nex among which the market focused products are tek, sucram, Xtract and magnasweet.
For instance,
- In November 2016, pancosma acquires 80% stake of Jangsu Keybio Biology Technology Co., Ltd., a Chinese producer of additives with the aim of business expansion. This has strengthened the company global presence and helped the company to increase their import and export business as Jangsu Keybio Biology Technology Co., Ltd. already has strong hold on foreign trade.
The company has wide global presence across the globe such as in North America, Europe, Middle East and Africa, South America and Asia-Pacific. The company had taken strategic decision to expand their foot print in emerging countries.
Alltech:
Alltech headquartered in Kentucky, U.S. was founded in 1980. The company focuses on providing natural-based products and solutions for crop protection, feed and food. Alltech have wide portfolio associated for crop protection and animal feed additives including sweeteners as megasweet and various minerals and vitamins for livestock. The company offers products under the categories named as animal nutrition and crop science in which the market focused products lies underanimal nutrition category.
For instance,
- In January 2020, Alltech introduced new starter feed for trouts. The new feed is enriched with various key ingredients with improved water quality. The comprehensive research and development have led the introduction of this trout feed and leading the company to expand their foot print in trout feed market.
The company has wide global presence across the globe such as in North America, Europe, Middle East and Africa, Latin America and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as Ridley Inc. (U.S.), Coppens International B.V. (Netherlands), Masterfeeds (Canada), All-Technology (Ireland) Limited (Ireland) and Alltech Lexington Brewing & Distilling Co. (U.S.) among others. The company is continuously engaged in developing digital platform for the growth of animal nutrition especially for aquaculture.
