What are the Growth Drivers of Feed Phytogenics market? IguSoft, Nutricare Life Sciences Ltd., DOSTOFARM GmbH, PANCOSMA, Natural Remedies Private Limited, Nor-Feed, Biomin Gmbh, Ayurvet Limited, DowDuPont
1. The Himalaya Drug Company
2. Synthite Industries Ltd
5. Natural Remedies Private Limited
7. Phytobiotics Futterzusatzstoffe GmbH
8. Biomin Gmbh
9. Vinayak Ingredients (India) Private Limited
10. Ayurvet Limited
12. Nutricare Life Sciences Ltd.
13. DOSTOFARM GmbH
15. Indian Herbs Specialities Pvt Ltd
16. Natural Herbs & Formulations
17. DELACON Biotechnik ČR
19. Unique Organics Ltd – India
20. Norex Flavors Pvt. Ltd.
21. Akay Industries Group
22. AVT Natural Products Limited
23. ROHA A JJT Group
Browse key industry insights spread across 230 pages with 222 market data tables & 41 figures & charts from the report, “Feed Phytogenics Market Size By Product (Essential Oils, Herbs & Spices, Oleoresins), By Livestock (Poultry, Swine, Ruminant, Aquatic, Equine), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, France, UK, Netherlands, Poland, Belgium, Spain, Russia, Italy, China, India, Japan, Philippines, Indonesia, South Korea, Taiwan, Thailand, Vietnam, Australia, Malaysia, Brazil, Argentina, Peru, Chile, Colombia, Nigeria, South Africa, Turkey), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024” in detail along with the table of contents:
India feed phytogenics market from aquatic applications may exhibit a growth of about 4% by 2024. Fish nutritionists, feed manufacturers and fish producers constantly search for feed additives which can balance the combination of cost effective feed ingredient and improve nutrient utilization. These compounds help in reducing feed costs, animal health concerns, food safety and antioxidant status of fish fillers which may accelerate market growth.
Germany feed phytogenics market from swine application may expect gains at over 3% in the predicted timeframe. They play a key role during piglet weaning along with ensuring maximization of milk yield along with sustaining optimal body health. The market is driven by factors such as ban of in-feed antibiotics by EU, increasing importance for animal health, especially from meat industry and rising animal health awareness, which may boost product demand.
Feed Phytogenics Market is set to surpass USD 790 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing preference for natural growth promoters for the production of livestock species including swine, broilers and cattle for meat may drive feed phytogenics industry growth. Rising consumer awareness about resistance development issues caused by antibiotic growth promoters (AGPs) consumption as feed additives may have a positive impact on the market. These products are derived from natural bioactive compounds found in plant-based species such as clove, black seed, rosemary, oregano, garlic, thyme & fennel which have a positive impact on animal health & growth, thus accelerating feed phytogenics market growth.
China feed phytogenics market demand from poultry is poised to surpass USD 50 million up to 2024. Rising government initiatives ensures the collaboration of prominent international livestock financers & producers to form joint ventures, thus facilitating large scale meat production and accelerating industry growth. Rising disposable income has resulted in rising government focus regarding meat quality.
Synthite Industries, DuPont Danisco, Doterra, Delacon Biotechnik, Biolandes and Igusol are some of the prominent industry participants in the phytogenic feed additives market. Manufacturers are engaging in strategic arrangements to enlarge their supply network, acquire companies, and promote market growth.
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