Phytogenic Feed Additives Market Impact and Opportunities During Coronavirus Lockdown and Forecast Assessment 2021-2027 | Cargill Incorporated, Delacon Biotechnik GmbH, BIOMIN Holding GmbH

Report Ocean publishes a new report on the global Phytogenic Feed Additives Market. The global Phytogenic Feed Additives Market calculation is based on a combination of information from first-hand sources, qualitative and quantitative assessments from industry analysts, input from experts and participants across the value chain.

Global Phytogenic Feed Additives Market to reach USD 1.27 billion by 2027. Global Phytogenic Feed Additives Market is valued at approximately USD 0.75 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2021-2027.

Natural growth promoters generated from spices, herbs, and other plants are known as phytogenics. They have antibacterial, antiviral, and antioxidative activities, resulting in fewer harmful microorganisms and more balanced gut flora. Growth in the animal feed sector is likely to have a favorable impact on the market throughout the forecast period, owing to rising meat demand and increased investment in breed maintenance. The market is likely to benefit from increased phytogenic fortification in bovine feed as a means of increasing flavor and inducing high feed intake for growth and reproductive performance.

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The report includes an in-depth analysis of macroeconomic indicators, market trends, and governing factors, as well as market attractiveness by segment. A qualitative impact map of different market factors appears in the report. A study of the impact of COVID-19 (Corona Virus) on the product industry chain is analyzed based on upstream and downstream markets, on various regions and countries, and the future development of the industry is forecast.

Report on the Global Phytogenic Feed Additives Market aim to enable readers to understand the market and competitive landscape in a way that supports better decision-making. This report includes an overview of participants' financial results, including revenue results, sales volume, gross margin, capital investment, and the global Phytogenic Feed Additives Market growth rate.

The researchers collect market demand and size information and validate it with market experts. This study also explores the geographical distribution of the Phytogenic Feed Additives Market. The market studies provide information about the industry to top manufacturers, distributors, traders, and dealers. It will offer an overview of the product, the market, the market driving force, the risk & opportunities, and the research findings.

Impact Analysis of COVID-19

• The report examines in detail the impact of Covid-19 on the Phytogenic Feed Additives Market

• The Covid-19 outbreak has caused thousands of illnesses worldwide, and the World Health Organization has declared it a global health emergency. Coronavirus disease, which already affects these groups, will have an impact on Phytogenic Feed Additives Market segments.

• The economic damage is already evident and represents the world's worst economic shock in decades as the health and human toll rise.

• Several undesirable outcomes can occur in chaotic situations, including restaurant closing, flight canceling, travel restrictions in place, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.

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The study covers the fundamental aspects of the Global Phytogenic Feed Additives Market, including its future prospects and competitive landscape, in great detail. A Porter's Five Forces analysis of the Phytogenic Feed Additives Market provides insights into the factors influencing its growth. Accordingly, this market study breaks down the Phytogenic Feed Additives Market into segments, regions, and players to present a clear picture of the current market environment. Research also covers macroeconomics and microeconomics. In the report, several graphs, charts, and tables appear effectively.

Regional Overview

The Phytogenic Feed Additives Market study gives a comprehensive look at country-level segments classified as potentially high-growth areas, countries with the highest market share, and countries with the most potential growth. The Phytogenic Feed Additives Market study includes regional break-ups like North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.

Leading Competitors

The leading prominent competitors in the global Phytogenic Feed Additives Market are:

Cargill Incorporated
Delacon Biotechnik GmbH
BIOMIN Holding GmbH
Bluestar Adisseo Co., Ltd.
DuPont
Natural Remedies
Synthite Industries Ltd.
Adisseo
Phytobiotics Futterzusatzstoffe GmbH
Vetsfarma Ltd.

Scope of the Report

The global Phytogenic Feed Additives Market segmentation focuses on:

By Type:
Essential oils
Flavonoids
Saponins
Oleoresins
Others

By Livestock:
Poultry
Swine
Ruminants
Aquatic animals
Others

By Source:
Herbs & spices
Flowers
Fruits & vegetables

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