Feed Phytogenic Market Is Driven by The Growing Demand For Natural Feed Additives With A Healthy CAGR Of 6.10% During The Forecast Period Of 2021 To 2028

Feed Phytogenic Market Insights

According to MRFR analysis, the Feed Phytogenic Market is expected to register a CAGR of 6.10% from 2021 to 2028 and hold a value of over USD 1.15 billion by 2028.

The feed phytogenic market refers to the market for natural plant-derived compounds that are used as feed additives for livestock, such as poultry, swine, cattle, and aquaculture. These phytogenic feed additives are derived from various plant sources such as herbs, spices, and other botanicals, and are used to enhance animal performance and overall health by improving digestion, immune function, and reducing stress. Phytogenic feed additives are gaining popularity as an alternative to traditional feed additives such as antibiotics and synthetic growth promoters, which have been linked to antibiotic resistance and negative environmental impacts.

The COVID-19 pandemic has had a mixed impact on the feed phytogenic market. The pandemic has also increased consumer demand for natural and healthy food products, including meat and dairy products from animals that are raised with natural feed additives like phytogenics. This has led to a growing demand for feed phytogenics in some regions, particularly in Europe and North America.

Get a Free Sample PDF File @ https://www.marketresearchfuture.com/sample_request/8184

Regional Analysis

Europe is currently the largest region for the feed phytogenic market, followed by North America and Asia-Pacific. Europe has a well-established animal agriculture industry, which has been increasingly focused on sustainable and natural animal feed practices. This has driven the demand for phytogenic feed additives, as they are seen as a natural alternative to synthetic additives that can have negative environmental impacts.

North America is the second-largest region for the feed phytogenic market, with a significant presence of large animal feed producers and meat processing companies. The growing consumer demand for natural and healthy food products, particularly in the United States, has also driven the demand for phytogenic feed additives in the region.

Access Report Details @ https://www.marketresearchfuture.com/reports/feed-phytogenic-market-8184

Market Segmentation

The Feed Phytogenic Market has been segmented into type and function.

Based on the type, the market has been segmented into essential oils, herbs & spices and oleoresins.

Based on the function, the market has been segmented into performance enhancer and palatability enhancer.

Key Players

Some of the key market players are:

• Biomin GmbH
• Cargill Incorporated
• DuPont
• Kemin Industries Inc.
• Bluestar Adisseo Company
• Synthite Industries Ltd.
• The Himalaya Drug Company
• Pancosma
• Delacon Biotechnik GmbH (Austria)
• NOR-FEED (France)
• Phytosynthese (France)
• IGUSOL S.A. (Spain)
• Natura Feed Ingredients

Discover more research Reports on Agriculture, by Market Research Future:

Distillers’ Grains Market is driven by the increasing demand for cost-effective and sustainable feed ingredients, with a healthy CAGR of 5.60% during the forecast period of 2023 to 2032

Feed Premixes Market is driven by the increasing demand for high-quality animal products, such as meat, milk, and eggs, and the growing concern for animal health and welfare with a healthy CAGR of 15.06% during the forecast period of 2023 to 2030

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact:

Market Research Future®

99 Hudson Street, 5Th Floor.

New York, New York 10013

United States of America

Email: [email protected]

Tags: Feed Phytogenic Market Region, Feed Phytogenic Market, Feed Phytogenic Market Size, Feed Phytogenic Market Share, Feed Phytogenic Industry, Feed Phytogenic Market Research, Feed Phytogenic Market Type, Feed Phytogenic Market Application See Campaign: https://www.marketresearchfuture.com/reports/feed-phytogenic-market-8184

Contact Information:

Market Research Future (part of Wantstats Research and Media Private Limited), 99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Tags:
Wire, Research Newswire, English