The key players identified in the global feed flavors & sweeteners market include DuPont (US), Solvay (Belgium), Kerry Group (Ireland), Alltech (US), Kemin Industries (US), Grupo Ferrer Internacional (Spain), Prinova Group (US), BIOMIN Holding (Austria), Norel (Spain), and PMT Group (Canada) are the major manufacturers in the feed flavors & sweeteners market. Apart from these companies, Industrial Tecnica Pecuaria (Spain), Pestell Minerals & Ingredients (Canada), Pancosma (Switzerland), Agri-Flavors (US), Palital (Germany), Bentoli (US), Phytobiotics Futterzusatzstoffe (Germany), Nutriad (Belgium), Frutoria (Netherlands), Canadian Bio-Systems (Canada), Orbitec Internacional (Spain), QualiTech (US), Origination O2D (US), KH Roberts (Singapore), are other feed flavors & sweeteners manufacturers.
The key market players adopted strategies such as expansions, acquisitions & mergers, agreements & partnerships, and new product launches to increase their market presence and revenue generation. The global players have established large distribution networks across the world and follow extensive cross-selling marketing strategies. These key players have majorly focused on strengthening their market presence by establishing new production and distribution facilities in the untapped and potential market. The trend of using feed flavors and sweeteners in animal feed to increase the intake by livestock and thus, resulting in increased production of animal-based products has increased the competitive rivalry among the players.
Kemin Industries (US) offers feed flavors & sweeteners products, catering to the requirements of the end users in the market. The company has a broad geographic presence and has a high focus on the product quality & reliability criteria. It holds seven different certifications for the quality of products offered. The company has manufacturing facilities across the globe with a strong distribution network. In 2012, the company received a patent in the subject market, which provides it a competitive advantage over the other market players.
Prinova Group (US) offers a broad range of feed flavors & sweeteners product and also ensures that the product offered to the customers adhere to the best quality standards. It also stands as an innovator in feed flavors and sweeteners industry. The company has flavor products are made available for consumption by almost all the livestock species. In the recent past, the company has attempted to grow within the market through organic means. It expanded its European operations with a new office, Prinova Benelux & France N.V. /S.A., in Belgium, in 2012, that aided this company to provide better services to the Western European region.
Feed Flavors and Sweeteners Market by Type (Feed Flavors and Feed Sweeteners), Livestock (Ruminants, Swine, Poultry, Aquatic Animals), Form (Dry and Liquid), Source (Natural and Synthetic) and Region - Global Forecast to 2022
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