Palatants Market to Grow by USD 585.9 Million (2024-2028) as Pet Ownership Rises, AI Transforming Market Dynamics – Technavio
Report with market evolution powered by AI- The global palatants market size is estimated to grow by USD 585.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.55% during the forecast period. Increasing pet ownership is driving market growth, with a trend towards plant-based and natural palatants gaining traction. However, stringent regulations on palatants by food regulatory bodies poses a challenge. Key market players include Adisseo Co., Archer Daniels Midland Co., BHJ, Bitek Industries, BRAIN Biotech AG, BRF, Ensign-Bickford Industries Inc., Innov Ad NV SA, Kemin Industries Inc., Kent Corp., Kerry Group Plc,…
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