Feed Phytogenics Market by Type, Livestock, Function, Region - 2023

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MarketsandMarkets Presents

• Feed Phytogenics Market is
  Expected to Reach 962.5 Million USD by 2023

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• The report "Feed Phytogenics Market by Type
  (Essential Oils, Herbs Spices, and Oleoresins),
  Livestock (Swine, Ruminants, Aquatic Animals, and
  Poultry), Function (Performance Enhancers and
  Palatability Enhancers), and Region - Global
  Forecast to 2023", The feed phytogenics market is
  estimated at USD 631.4 Million in 2018 and is
  projected to reach a value of USD 962.5 Million
  by 2023, at a CAGR of 8.8.  Factors such as
  advancements in the feed industry, increased
  demand for livestock products, the rise in
  awareness about animal health feed quality, ban
  on antibiotics as growth promoters, and the
  health benefits of phytogenics drive the market
  growth.
• Growth Drivers
• Advancements in the Feed Industry
• Increased Demand for Livestock Products
• Rising Awareness About Animal Health Feed
  Quality
• Ban on Antibiotics as Growth Promoters
• Health Benefits of Phytogenics
•                    You can speak to our
  research expert to know more about this report_at_
  https//www.marketsandmarkets.com/speaktoanalyst.a
  sp?id162036047

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• Target Audience
• This report is targeted at the existing
  stakeholders in the industry, which include the
  following
• Feed manufacturers
• Feed product distributors
• Essential oil manufacturers and vendors
• Herb spice suppliers
• Feed additive manufacturers
• RD institutes
• Regulatory bodies government agencies
• Key participants in the feed phytogenics market
  are phytogenics manufacturers, feed
  manufacturers, herbs spices suppliers, end
  users. The key players that are profiled in the
  report include Delacon (Austria), Biomin
  (Austria), Cargill (US), DuPont (US), Adisseo
  (China), Dostofarm (Germany), Phytobiotics
  Futterzusatzstoffe GmbH (Germany), Pancosma
  (Switzerland), AA Pharmachem Inc. (Canada), and
  Kemin Industries (US).

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The Asia Pacific region is an emerging market
with investments from several multinational
manufacturers, especially in countries such as
China, New Zealand, and Japan. Asia Pacific
accounted for the largest market share for feed
phytogenics in 2017. The increasing demand for
quality meat products, awareness about food
safety and the quality of meat among consumers,
and high requirement of feed additives with high
conversion rate with no side effects in animals
are driving the market for natural feed products
in the region, thereby boosting the demand for
feed phytogenics.
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