Phytogenic Feed Additives Market dominated by Poultry production which accounted more than 37% of the total volume in 2014

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Feed Phytogenics Market Global Industry
Analysis Report, Share, Size, Growth, Price
Trends and Forecast 2015 2022 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Feed Phytogenics Market

• Feed phytogenics market revenue in poultry valued
  at USD 180 million in 2014, is expected to grow
  considerably over 2015-2022 as it helps in
  improving the yolk color of hens eggs.
• Swine segment of feed phytogenics industry is
  predicted to witness a moderate growth over the
  coming years. It helps in increasing milk
  production and plays a vital role in weaning
  piglets. Ruminant feed phytogenics market is
  projected to grow at a rate of 3.1 over the
  period of 2015-2022.
• Reduced usage of antibiotics in animal feed
  additives along with the growing use of natural
  additives in U.S and EU, owing to strict
  government norms, is predicted to contribute
  significantly towards feed phytogenics market
  growth over the coming years.
• Furthermore, high demand for phytogenic feed
  additives such as oleoresins, essential oils, and
  herbs species in animal diets, owing to its
  antiviral, antioxidative, and antimicrobial
  characteristics, is predicted to boost the global
  feed phytogenics industry over the next few years.

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Continued

• Major feed phytogenic products comprise
  oleoresins, essential oils, and herbs species.
  Essential oil feed phytogenics market revenue
  worth USD 225 million in 2014, is anticipated to
  witness a high surge over the coming six years
  due to its major use in improving animal
  performance.
• Asia Pacific feed phytogenics industry worth USD
  155 million in 2014, is expected to grow
  considerably over the next few years. The growth
  can be credited to rise in production of
  livestock as a result of high meat consumption
  along with increase in per-capita expenditure.
  India and China are the major regional revenue
  contributors.
• Europe feed phytogenics market is projected to
  witness a moderate growth over the coming six
  years. Banning the use of antibiotics in animal
  feed additives due to growing health concerns
  along with high demand for processed meat will
  boost the regional growth.
• North America feed phytogenics market is expected
  to witness a noticeable growth over the next few
  years, owing to rise in poultry farming
  activities. U.S. is expected to be a major
  regional revenue pocket.

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Germany Feed Phytogenics Market share, by
product, 2014

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