PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755844
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755844
Palatants Market Introduction and Overview
According to SPER market research, 'Global Palatants Market Size- By Form, By Nature, By Source - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Palatants Market is predicted to reach 2.73 billion by 2034 with a CAGR of 6.25%.
Palatants are specialized additives used in the pet food industry to enhance the flavor, aroma, and acceptability of animal foods. These compounds are intended to improve the palatability of pet foods so that animals will eat them willingly and in sufficient quantities. Palatants are added to dry and wet pet foods, treats, and supplements to stimulate their taste and smell.
Restraints: The global palatants market faces several significant challenges that may impede its growth trajectory. One of the most pressing concerns is the rising cost of raw materials, particularly high-quality natural ingredients like meat extracts and plant-based compounds. These ingredients are costly to source and process, raising production costs and, consequently, end-product prices.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Form, By Nature, By Source
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Kerry Group, ADM, Symrise AG, Kemin Industries Inc., Nestle SA, Diana Group, Alltech Inc., Pancosma SA, AFB International and Nutriad International NV
Global Palatants Market Segmentation:
By Form: Based on the Form, Global Palatants Market is segmented as; Dry, Liquid.
By Nature: Based on the Nature, Global Palatants Market is segmented as; Organic, Conventional.
By Source: Based on the Source, Global Palatants Market is segmented as; Plant Derived, Meat Derived, Others.s
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.