Feed Phytogenics Market (Phytogenic Feed Additives Market) Size to exceed USD 740 Million by 2022: Global Market Insights, Inc.

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Feed Phytogenics Market 2015 2022
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Global Market Scenario of Feed Phytogenics

• Feed Phytogenics Market size is anticipated
  reach above 145 kilo tons by 2022, with gains at
  over 2.5.
• Increasing reliability on natural growth
  promoters (NGPs) for livestock production such as
  broilers, swine and cattle for meat consumption
  is likely to drive feed phytogenics market size
  over the forecast period.
• Increase in per-capita meat consumption coupled
  with rise in livestock production is likely to
  drive phytogenic feed additives market growth. 
• https//www.gminsights.com/industry-analysis/feed-
  phytogenics-market

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Continue.....

• Global meat production was estimated at over 310
  million tons in 2014 with Y-o-Y growth of 1.8.
  Meat consumption has expanded more than fourfold
  over the past five decades.
• Phytogenic feed additives such as essential
  oils, herbs species and oleoresins are used in
  animal food, These products provide improve
  nutrition to livestock such as swine, cattle
  broiler which are majorly used for meat
  consumption as a source of protein.
• Certain fast food restaurant chains and meat
  producing companies are reducing reliance
  antibiotics in meat production. In 2015,
  McDonalds in the U.S. announced to serve chicken
  without use of important antibiotics within two
  years. 
• https//www.gminsights.com/industry-analysis/feed-
  phytogenics-market

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Germany feed phytogenics market share, by
product, 2014
https//www.gminsights.com/industry-analysis/feed-
phytogenics-market

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360 Analysis

• Application Analysis
• Poultry production application dominated the
  phytogenic feed additives market consumption with
  valuation at over USD 180 million in 2014. These
  products are commonly used as coloring agents to
  improve egg yolk color in laying hens as they
  cannot synthesize pigments.
• Regional Analysis
• Asia Pacific, with China and India feed
  phytogenics market size being the dominant users,
  was the largest and registered more than USD 155
  million in 2014.
• Europe feed phytogenics market share accounted
  for over 27 of the total volume in 2014 and is
  likely to witness moderate gains during the
  forecast period.
• Competitive Market Share
• Global feed phytogenics market share is
  consolidated with companies focusing on product
  innovation coupled with regulatory compliance.
  Major companies focused on in this report consist
  of Bioamin, Delacon Biotechnik, and Pancosma SA. 
  Other key companies include Nutricare
  Lifesciences, Silvestris, Nor-Feed Sud and
  TrueVet.

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