Feed Taste Enhancers Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Feed Taste Enhancers Market is Segmented By Product Type (Flavor, Sweeteners, Aroma), By Source (Natural, Synthetic), By Application (Poultry, Swine, Cattle, Pets, Aquaculture, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Feed Taste Enhancers Market Overview

[102 pages] The global feed taste enhancers market is projected to reach at a CAGR of 5.63% during the forecast period (2023-2030). Feed taste enhancers are the ingredients that are added to animal feed to improve the palatability of the feed and increase animal feed consumption.

The feed taste enhancers make the feed more attractive by improving the taste, smell, and texture. These enhancers can be either natural or artificial and are commonly used in commercial animal feed production to encourage livestock to eat more and grow faster. While animal feed taste enhancers can be effective in increasing animal consumption, it’s important to note that excessive use of these ingredients can have a negative impact on animal health. Some studies suggest that overconsumption of certain artificial taste enhancers like amino acids can lead to metabolic disorders and other health issues in livestock. It's important to use taste enhancers in moderation and with careful consideration of animal nutrition requirements and potential health risks.

Feed Taste Enhancers Market Scope

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Feed Taste Enhancers Market Dynamics and Trends

Increasing demand for animal feed is driving the market growth of feed taste enhancers

Animal feeds are the food products that are responsible for the healthier growth of the animal. Taste enhancers are used to improve the palatability of these feed formulations and make them more attractive to the animals and increasing their consumption. As the demand for animal feed increases, the demand for the ingredients to enhance its taste, smell and texture also increases which boost the demand of feed taste enhancers. The animal feed industry is increasingly using the by-products from the food & beverage industry, to make animal feed. These by-products can be less palatable than the traditional feed ingredients, and taste enhancers can be added to make it more appealing to the animals. Hence, with increase in demand for the animal feed, the feed taste enhancers market will grow.

Product innovation is the key driver of feed taste enhancers market

Product innovation in animal taste enhancers is an important reason to drive growth as it helps manufacturers to meet the changing demands of customers and improve the quality of their products. Product innovation in feed taste enhancers can take many forms, such as the development of new flavors and aromas that appeal to animals, or the use of natural ingredients to improve the nutritional value of the feed. Some companies are also developing new delivery systems for taste enhancers, such as encapsulation technologies that allow for the controlled release of flavor and aroma compounds over time. Product innovation also helps the manufacturers differentiate themselves from competitors and increase the market share. For instance, 2 innovative feed taste enhancer products-SUCRAM, Specifeek and SUCRAM M’I is launched by ADM, a US-based animal feed manufacturing company in 2022 to improve the palatability of feed. Overall, product innovation by various manufacturers is the key driver of the feed taste enhancers market.

Feed Taste Enhancers Market Segment Analysis

The global feed taste enhancers market is segmented based on product type, source, application, and region.

Increasing demand for health benefits of natural feed taste enhancers  

Based on the source, the feed taste enhancer market is classified into natural and synthetic. In 2021, natural segmentation held the highest share in the feed taste enhancer market. Natural taste enhancers are obtained from natural sources such as plants, animals, and microbial sources. Natural taste enhancers are preferred by many animal owners due to their perceived safety and clean label status. There is a rising demand for clean label products, which are made from natural and minimally processed ingredients. Natural taste enhancers such as yeast extracts, hydrolyzed proteins, and plant extracts are loaded with nutrients and bioactive compounds that provide health benefits to animal. This can include enhanced immunity, improved digestion and better overall health of animals. With the increasing demand for clean label products, health benefits and sustainability, the demand for natural feed taste enhancers also increase which boost growth of feed taste enhancers market.

Source: DataM Intelligence Analysis (2023)

Feed Taste Enhancers Market Geographical Share

The large population of livestock and aquaculture in Asia Pacific regions

The Asia-Pacific market of animal feed taste enhancers is driven by the increasing demand for animal protein in countries such as China and India. India has about 485 million livestock population according to Department of Animal Husbandry and Dairying, New Delhi and in China about 98.17 million cattle and buffaloes are there by the end of 2021 according to Statista account which shows larger population of livestock in Asia-Pacific region. Hence, demand for effective taste enhancers to improve the palatability of feed and boost animal growth is always in high. The livestock and aquaculture requires a good quality of animal feed for their growth and for which the taste enhancers are also required to make it more consumable. This forces manufacturers to produce a variety of feed taste enhancers in that region. For instance, in September 2021, a nationwide public health initiative, Right To Protein has declared the launch of ‘Soy Fed’ as India’s first feed label for animal protein products. Hence, these production is the main reason to make it possible to have the highest share in the  APAC feed taste enhancers market.

Source: DataM Intelligence Analysis (2023)

Feed Taste Enhancers Market Companies

The major global players include British Foods Plc., Symrise AG, Kerry Group Ple, Adisseo France SAS, Kent Feeds Inc., Diana Foods SAS, Elanco Animal Health, Kemin Industries Inc., BASF SE, and DuPont de Nemours Inc.

Key Developments

• In November 2022, ADM, a US-based animal feed manufacturing company, developed 2 new feed taste enhancers such as SUCRAM M’I Sweet and SUCRAM Specifeek.
• In July 2022, Symrise AG, a Germany-based producer of feed taste enhancers acquired Wing Pet Food Co.,Ltd. This acquisition has helped Symrise AG in strengthening its market position by focusing on areas of pet food palatability and feed enhancers.
• In 2020, Kerry Inc. launched a novel plant-based technology, Kerry PurePal, which provides the aroma that pet owner’s desire.

Why Purchase the Report?

• To visualize the global feed taste enhancers market segmentation based on product type, source, application and region understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous feed taste enhancers market-level data points all for segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global feed taste enhancers market report would provide approximately 61 tables, 57 figures and 102 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies