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Feed Phytogenics Market in Asia Pacific registered revenue more than $155mn in 2014; led by China and India

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.

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Feed Phytogenics Market in Asia Pacific registered revenue more than $155mn in 2014; led by China and India

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  1. 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

  2. Key Insights of Feed PhytogenicsMarket: • 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 hen’s 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.

  3. 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.

  4. Germany Feed Phytogenics Market share, by product, 2014

  5. Browse Full Market Research Report Feed PhytogenicsMarket @ http://bit.ly/2izUIgS Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/251

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