Global Pet Food Flavors Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the Pet Food Flavors Industry include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, factors such as changing standard of living, rise in disposable income, increase in number of pet owners and growing pet humanization significantly fuel the market growth. On the other hand, there are also factors that may hamper the growth of the market such as growing obesity in pets and increasing pet allergies. Pet Food Flavors Market is classified on the basis of product type, applications, distribution channel and geography. Pet Food Flavors Industry is segmented by product type as natural flavors and artificial flavors.
Pet Food Flavors Market is classified on applications as pet nutrition and health care products, pet staple foods, pet snacks and others. Pet Food Flavors Industry is segmented by distribution channel as online stores, specialty stores and others. Pet Food Flavors Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.
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By geography, North America is projected to account a significant share of the Pet Food Flavors Market. Some of the key players that fuel the growth of the Pet Food Flavors Industry include Firmenich, Frutarom Industries, Givaudan, Hasegawa Co., Huabao International, International Flavors & Fragrance Inc., Kerry Group, Symrise AG, Sensient Technologies Corporation, Takasago International Corp, Wild Flavors Inc., and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Pet Food Flavors in these regions, from 2012 to 2022 (forecast), covering
- North America
- Southeast Asia
Global Pet Food Flavors market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Kerry Group
- Symrise AG
- Frutarom Industries
- Hasegawa Co.
- Wild Flavors Inc
- Takasago International Corp
- Sensient Technologies Corporation
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