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global phytogenic feed additives market trends

Global Phytogenic Feed Additives Market Trends, Analysis, and Forecast

To 2025

Market Definition:

Phytogenic feed additives are defined as plant-derived products that are utilized in feed in order to help improve poultry

performance. Apart from possessing antimicrobial activity, phytogenic feed additives offers improved gut functions,

anti-oxidative effects, enhancement of palatability, and promotion of growth in poultry. Phytogenic feed additives

consists of herbs and plants derivatives. The rising awareness about health concerns render phytogenic feed additives a

practical choice for each and every individual engaged in poultry business. In a variety of ways, phytogenic feed additives

prove to be beneficial as compared to antibiotics that are infused in poultry for improvement of their health and

productivity of poultry.

Major Key Players:

The major companies that provide feed additives include Delacon Biotechnik GmbH, A/B Technologies International,

Inc.,British Horse Feeds, Miavit GmbH, Tolsa, S.A, among others.

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Market Segmentation:

The global phytogenic feed additives market is expected to garner maximum revenue in the forecast period. Factors

such as altering consumers opinion towards the poultry quality products is expected to fuel this market growth. There is

an increased awareness among consumers about quality of poultry food products that are beneficial for their health.

Therefore, in order to retain their customer base and to make profits, various poultry farms are adopting phytogenic

feed additives which possesses the potential for improving poultry health.

Market Analysis with Latest Growth Factors:

The global phytogenic feed additives market can be classified based on product, function, livestock and region. On the

basis of product, the global market is classified into essential oils, herbs & spices, oleoresins, and others. Depending

upon function, it is segmented into palatability enhancers, performance enhancers, and others. As per livestock, the

global feed additives market is divided into aquatics, poultry, swine, ruminants, equine, and others.

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region analysis

Region Analysis:

Based on regions, the global feed additives market is divided into North America, Europe, Asia-Pacific (APAC), Middle

East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market

share and would lead the feed additives market during the forecast period. The demand for poultry products in this

region is rising at an alarming rate. In the Asia-Pacific region, owing to the increase in population the demand for poultry

products is rising accordingly, This has led to an increased rate of adoption of phytogenic feed additives in this region

thereby leading to an improvement in quality of poultry benefit as well as business sustainability. In the European

region, the phytogenic feed additives market is expected to witness healthy growth as the staple food in this region is

mostly meat based. Therefore, the poultry owners in these regions are increasingly adopting phytogenic feed additives

for refining poultry quality as well as provide offer better product to customers. The Asia-Pacific region is expected to

witness the swiftest growth in the feed additives market.

Major Points from Table of content:

Executive Summary

Research Methodology

Market Dynamics

Industry Overview

Global Phytogenic Feed Additives Market, By Product (2017-2025)

Global Phytogenic Feed Additives Market, By Regions (2017-2025)

Market Competition Analysis

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