Press release
Phytogenic Feed Additives Industry is Expected to Reach USD 1585.1 Million by 2031 - Cargill, Incorporated., ADM.
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The Phytogenic Feed Additives market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Rising awareness of animal health and feed quality, along with the emergence of new technologies like feed phytogenics encapsulation, are key factors driving demand for phytogenic feed additives. Additionally, consumer demand for more natural products and the increased affordability of phytogenics-due to greater availability and commoditization of various herbs-are expected to further boost this demand during the forecast period.
Forecast Growth Projected:
The Global Phytogenic Feed Additives Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Phytogenic Feed Additives Market: Cargill, Incorporated., ADM, Koninklijke DSM N.V., Delacon Biotech Nik Ges.m.b.H., Adisseo, Trouw Nutrition, Kemin Industries, Inc., Natural Remedies, Orffa International Holding B.V. and Danisco Animal Nutrition & Health (IFF).
Segment Covered in the Phytogenic Feed Additives Market:
By Type: Essential Oils, Flavonoids, Saponins, Oleoresins, Tannins, Others.
By Livestock: Poultry, Swine, Ruminants, Aquatic Animals, Others.
By Source: Herbs & Spices, Fruits & Vegetables, Flowers.
By Form: Dry, Liquid.
By Distribution Channel: E-Commerce, Liquid, Specialty Stores, Hypermarket/Supermarket, Others.
By Packaging: Flexible, Rigid, Others.
By Function: Performance Enhancers, Antimicrobial Properties, Palatability Enhancers, Digestion Enhancers, Others.
Regional Analysis:
The global Phytogenic Feed Additives Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Phytogenic Feed Additives Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Phytogenic Feed Additives Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Phytogenic Feed Additives manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Phytogenic Feed Additives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Phytogenic Feed Additives Market?
The Phytogenic Feed Additives Market size was USD 869.2 million in 2023. It is expected to reach USD 1585.1 million by 2031.
How fast is the Phytogenic Feed Additives Market growing?
The Phytogenic Feed Additives Market will exhibit a CAGR of 7.8% during the forecast period, 2023-2031.
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