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The feed flavors and sweeteners market includes few dominant global players and several small regional players
DuPont is one of the major players in the animal nutrition category. The company through its market-oriented approach has plans to invest significantly in research & development activities in order to grow its product portfolio and develop range of products that would addressthe growing issues in animal health. Further, the strategic acquisition of Danisco is well complementing the company’s future plans to be a market leader in the category.
The feed flavors and sweeteners market includes few dominant global players and several small regional players.Some of the key players include DuPont (U.S.), Kerry (Ireland), and Eli Lilly and Company (U.S.). The top three players that include the above accounted for only 15% of the market in 2013 by market value, while the top four players accounted for about16% of market share.
Kerry’s global presence, strong brand image, range of product portfolio,and strategic acquisitions &expansions allowthe company in catering to the specialized needs of customers in extensive geographical locations.The company’s significant level of investment in research & development activities and ever-expanding technology & innovation centers worldwideis enhancing its innovation process while providing support to its clients worldwide.
Eli Lilly and Company is a major player in feed flavors and sweeteners market with its range of products and a strong global presence. The company has enhanced the growth of its animal nutrition and health products segment through important investments and three strategic acquisitions. These strategic moves are likely to help the company in increasing its presence, broadening its product portfolio and enter into high growth product and market segments.
Feed Flavors & Sweeteners Market by Type (Natural and Synthetic), by Livestock (Swine, Poultry, Cattle, Aquaculture, and Others) - Global Trends & Forecasts to 2019
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