{"id":561576,"date":"2021-09-06T13:58:01","date_gmt":"2021-09-06T13:58:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=561576"},"modified":"2021-09-06T13:58:01","modified_gmt":"2021-09-06T13:58:01","slug":"phytogenic-feed-additives-market-size-opportunities-trends-growth-factors-revenue-analysis-for-20202028","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/phytogenic-feed-additives-market-size-opportunities-trends-growth-factors-revenue-analysis-for-20202028_561576.html","title":{"rendered":"Phytogenic Feed Additives Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis, For 2020\u20132028"},"content":{"rendered":"
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\"Phytogenic<\/a><\/div>\n
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Phytogenic Feed Additives Market <\/div>\n<\/div>\n<\/div>\n
Phytogenic Feed Additives Market Size \u2013 USD 754 Million in 2020, Industry Growth \u2013 at a CAGR of 7.7%, Market Trends \u2013 Rising trend of keeping pets and growing acceptance of natural pet food globally.<\/div>\n

The global phytogenic feed additives market<\/a> size is expected to reach USD 1,371 Million by 2028 at a CAGR of 7.7%, according to a new report by Reports and Data. Phytogenics are basically the natural or non-antibiotic growth promoters derived from plants. They are highly used as feed additives, derived from vegetables & fruits, herbs & spices, or flowers. Various phytogenic feed additives are used in livestock feed including saponins, flavonoids, tannins, essential oils, oleoresins, pungent substances, mucilages, and bitter substances.<\/p>\n

In the last years, the feed production globally has increased at an exponential rate, primarily driven by the rising production and consumption of livestock. Another crucial factor influencing the feed production’s volume is the growing commercialization of livestock practices, especially in developing economies. Livestock growers are gaining awareness about the health issues of animals, owing to low supply of nutrient and reduced metabolism rate, and thus, raising concerns regarding the quality of final animal and dairy products.<\/p>\n

To get a FREE sample PDF copy of the report @ https:\/\/www.reportsanddata.com\/sample-enquiry-form\/3867<\/p>\n

<\/a><\/strong>The growth of phytogenic feed additives industry is attributed to the changing consumer’s opinion towards the poultry product’s quality. Consumers are gaining awareness about the poultry products’ quality which can be beneficial for their health. Poultry farms, for retaining their large customer base and to make profits, are adopting different phytogenic feed additives, exhibiting the potential to improve the health of poultry. Therefore, this factor is contributing significantly to the sector’s expansion.<\/p>\n

Major participants operating in the industry are<\/strong> Delacon Biotechnik GmbH (Austria), BIOMIN Holding GmbH (Austria), DOSTOFARM GmbH (Germany), IGUSOL S.A. (Spain), Pancosma (Switzerland), Phytobiotics Futterzusatzstoffe GmbH (Germany), Phutosynthese (France), NOR-FEED (France), and Silvateam S.p.A. (Italy).<\/p>\n

For the purpose of this report, Reports and Data has segmented the global phytogenic feed additives market on the basis of type, livestock, source, form, and region:<\/p>\n

Type Outlook (Revenue, USD Million, 2018 – 2028)<\/strong><\/p>\n