Huge preference towards consumption of meat across the world is fuelling the Feed Phytogenics Market

The research report "Feed Phytogenics Market: by Type (Oleoresins, Essential oils, Herbs & spices), Livestock (Ruminants, Swine, Equine, Poultry, Canine, Faline, Aquaculture), Function (Palatability enhancers, Performance Enhancers), Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) -Global/Region/Country Forecast to 2028", Feed Phytogenics market size was valued at US$ 650 million in the year 2021 and is anticipated to grow at US$ 861.15 Million witnessing a CAGR rate of 4.2% till 2028 during the forthcoming years 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Feed Phytogenics Market: by Type (Oleoresins, Essential oils, Herbs & spices), Livestock (Ruminants, Swine, Equine, Poultry, Canine, Faline, Aquaculture), Function (Palatability enhancers, Performance Enhancers), Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Global/Region/Country Forecast to 2028"

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Growing demand for nutritive feed is expected to enhance the revenue share of the feed Phytogenics
Feed Phytogenics market report provides a complete viewpoint on growth trends, shares and entire market scenario covering major regions of the globe. It further goes on to discuss about market dynamics to spot out the latest trends and drivers, possible challenges and future opportunities to the leading stakeholders working in the market. Key advancements and market growth factors are also discussed here.

Numerous varieties of plant-derived products including herbs and spices are known as the feed Phytogenics. These are also used as animal feed for the best performance of livestock. Feed Phytogenics protect feed lipids from the oxidative harm and have antioxidant property. Feed Phytogenics are available in dried or ground forms or like essential oils or extracts. A few of the most important advantages of feed phytogenics include antimicrobial, antiviral and antifungal. Cargill and Delacon made a strategic partnership in July 2017 for the purpose of producing and marketing plant-based and natural feed additives on a worldwide scale. Biomin also introduced its pioneering next generation feed phytogenic Digestarom in March 2017.

Major factors boosting the feed Phytogenics market are growing consciousness about the quality of the meat amid the customers, intense practice of selective breeding and growing preference towards consumption of meat across the world. Moreover, increase in the number of livestock, sustainable animal nutrition products, growing demand for nutritive feed and growing management of feed operating costs are anticipated to enhance revenue share of the feed Phytogenics. But, dearth of efficiency of such products due to their unpleasant odor, taste and complex nature will restrain the global feed Phytogenics market growth.

Asia Pacific is dominating the Feed Phytogenics Market
APAC regions is anticipated to obtain a comparatively huge share in the feed Phytogenics market worldwide due to the constant investments by the manufacturers for the expansion of their geographical presence in rising countries. Europe is expected to reveal fast growth in the market because of prohibition of antibiotic feed additives by the European Union. North America is also witnessing fast growth in the phytogenic feed production capacity due to the growing demand for the poultry products.

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Competitive Analysis - Feed Phytogenics Market
A few of leading players working in the feed Phytogenics market are Dupont (U.S.), Cargill, Inc. (U.S.), Phytosynthese (France), BIOMIN Holding GmbH (Austria.), Delacon Biotechnik GmbH (Austria) and PANCOSMA SA (Switzerland).

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