openPR Logo
Press release

Feed Phytogenics market (Phytogenic Feed Additives market) size to exceed USD 740 million by 2022

12-08-2017 08:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: GMI Research

/ PR Agency: GMI
Feed Phytogenics market (Phytogenic Feed Additives market)

Feed Phytogenics market size is likely to be worth USD 744 million by 2022; as per a new research report by Global Market Insights, Inc. Increasing dependability on NGPs (natural growth promoters) for livestock such as swine, cattle and poultry, is likely to drive phytogenic feed additives market growth. Growth in livestock production owing to increase in per-capita meat consumption in countries such as China and India is likely to drive feed phytogenics market demand.

Request for Sample Copy of this report @
https://www.gminsights.com/request-sample/detail/120

Essential oil-based products dominated feed phytogenics market share and accounted for over 40% of the total volume in 2014, with consumption exceeding 50 kilo tons in 2014. They are majorly used in swine production for effective weight gain applications. Herbs & spices are likely to attain growth rates at 2.9% up to 2022.

Restrictive antibiotics use in livestock diet by the European Union and the U.S. is likely to favor feed phytogenics demand. EU banned antibiotics use as growth promoter in livestock food in 2006 and FDA has passed regulation to completely stop its usage starting from 1st January, 2017.

Lack in product efficacy due to complex nature along with unpleasant odor or taste of certain compounds may challenge feed phytogenics demand as NGPs. Also, their concentration in livestock food additive can vary owing to volatile nature of essential oils. This problem can be overcome with use of microencapsulation technology, resulting in low dosage and increased profitability.

To access sample pages or view this report in detail along with the table of contents, please click on the link below:
https://www.gminsights.com/industry-analysis/feed-phytogenics-market

Key insights from the report include:
Global feed phytogenics market size was 121.5 kilo tons in 2014 with growth anticipated at 3.0% up to 2022 and register 153.3 kilo tons.

Poultry production dominated the phytogenic feed additives market and accounted for 37.3% of the total volume in 2014. These products are mostly used as coloring agents in egg yolk color improvement for laying hens as they lack in synthesizing pigments.

Ruminant applications are likely to attain significant growth rates at 3.1% from 2014 to 2022.

Asia Pacific feed phytogenics market size was dominant. China was the dominant country in the region with consumption at approximately 35 kilo tons in 2014. Essential oils product in China generated revenue worth over USD 42 million in 2014.

U.S. dominated the North America regional market and registered close to 13.5 kilo tons in 2014. Poultry applications were dominant in the U.S. and generated revenues exceeding USD 25 million in 2014.

Global feed phytogenics market share analysis brings to light a consolidated industry with manufactures focusing on expanding product portfolio for different livestock along with regulatory compliance. Major industry players include Delacon Biotechnik, Pancosma SA and Bioamin. Other companies include TrueVet, Silvestris, Nutricare Lifesciences and Nor-Feed Sud.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Connect with us: Facebook | Google+ | LinkedIn | Twitter

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Feed Phytogenics market (Phytogenic Feed Additives market) size to exceed USD 740 million by 2022 here

News-ID: 851228 • Views: 150

More Releases from GMI Research

North America 3D Printing Market is predicted to increase at a higher CAGR durin …
The North America 3D Printing Market is estimated to grow at a robust CAGR over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/north-america-3d-printing-market/ The factors driving growth of the North America 3D Printing Market includes increasing demand for 3D printing across end-use industries such as Healthcare, Consumer Products and Automotive, growing demand for jewelry across United States and Canada, rise in the number of smart factories,
UAE Cloud Computing Market is Predicted to Expand at a significant CAGR of 38.2% …
The UAE Cloud Computing Market is estimated to grow at a CAGR of 38.2% over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/uae-cloud-computing-market/ The factors driving growth of the UAE Cloud Computing Market includes rising focus by companies on enhancing customer's experience, growing popularity of video-demand-services across United Arab Emirates, trending concept of Work from Home (WFH), Government initiatives to promote electronic transformation and improvements in
South Africa Cloud Computing Market is estimated to grow at a robust CAGR during …
The South Africa Cloud Computing Market is estimated to grow at a robust CAGR over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/south-africa-cloud-computing-market-analysis-industry-research/ The factors driving growth of the South Africa Cloud Computing Market includes increasing internet penetration rates across South Africa, roll-out of 5G technology, rapid economic growth, rising demand for video streaming platforms such as Amazon Prime, Disney+ and Netflix and improvements in the
Saudi Arabia Cloud Computing Market is expanding at a compound annual growth rat …
The Saudi Arabia Cloud Computing Market is estimated to grow at a CAGR between 35%- 40% over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/saudi-arabia-cloud-computing-market/ The factors driving growth of the Saudi Arabia Cloud Computing Market includes increase in the number of internet users across Saudi Arabia, rising focus by companies on enhancing IT infrastructure, growing demand for cloud services by healthcare institutions across Saudi Arabia

All 5 Releases


More Releases for Feed

Fish, Fish Feed, Fish Feed Additives, Shrimp, Shrimp Feed, Shrimp Feed Additives …
Market Overview: Feeding these aquatic animals food is referred to as feeding fish and shrimp. To increase the end product quality of fish or shrimp, to preserve the physical and chemical quality of their diet, or to preserve the quality of the aquatic environment, additives are nutritional elements that are supplemented in small amounts. The producers of compound feed, integrators, farmers, home-mixers, animals, and participants in the aquaculture business are the final
Animal Feed & Feed Additives Market | Global Industry Report 2026
The global animal feed and feed additives market is progressing at a CAGR of 4.1% from 2018 to 2026, according to a research report released by leading market intelligence provider, Transparency Market Research. This market was valued at US$17.5 bn in 2018 and is expected to reach US$24.1 bn by the end of 2026. Read report Overview- https://www.transparencymarketresearch.com/animal-feed-and-feed-additives-market.html The above data feature in a new TMR research report, titled "Animal Feed and Feed
Single-Cell Protein Market Emerging Economies Expected to Influence Growth until …
Single-Cell Protein Market: Introduction With continuous rise in the global population, the demand for food is also increasing at a rapid pace. Also, the global shortage of food and feed has prompted researchers to look for means to improve protein production. Single-Cell Protein is dehydrated microbial cell cultures or extracted from pure or mixed cultures of algae, yeast, fungi, and bacteria. They can be used as a feed and protein supplement
Poultry Feed Market Report 2018: Segmentation by Type (Complete Feed, Concentrat …
Global Poultry Feed market research report provides company profile for Tyson Foods, BRF, ForFarmers, Twins Group, East Hope Group, JA Zen-Noh, Haid Group, CP Group, Cargill, New Hope Group, Purina Animal Nutrition, Nutreco and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and
Aquaculture Feed 2017 Global Key Players – Canadian Aquatic Feed, Marubeni Nis …
WiseGuyReports has announced the addition of “Global Aquaculture Feed Sales Market Report 2017 ” That provides the market survey of “Aquaculture Feed”. The research report presents a comprehensive overview of market and growth trends of this industry in the coming years. Overall “Aquaculture Feed” factual study report gives an all-around examination of the “Aquaculture Feed” market and its key assessment and predictions for the forecast period. The report considers the current circumstance
Global Feed Preservatives Market, Types (Mixed Feed and Feed Raw Materials) Natu …
Feed preservatives are used in animal food products to avoid any spoilage of food product and enhance shelf life. Especially in animal food products, preservatives or antioxidants are essential to avoid animal fats and oils from oxidizing. They are also essential in kibble or dry pet food products. For further inquiries, about Global Feed Preservatives Market enquire here >>>> https://www.progressivemarkets.com/enquiry-about-report/feed-preservatives-market Preservatives are available in two forms, namely, natural and artificial