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<br>Feed Phytogenics market is expected to reach a market size of US$939.130 million by 2023, from US$620.459 million in 2017, growing at a CAGR of 7.15%. The feed phytogenics market is anticipated<br>to grow in the forecast period owing to driving factors such as developments in the field of feed industry coupled with increased demands for livestock products. Ban on antibiotic growth promoters <br>and growing awareness about animal health and feed quality further boosts the growth of the feed phytogenics market.
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Feed Phytogenics Market Forecasts From 2019 To 2024
DESCRIPTION Feed Phytogenics market is projected to grow at a CAGR of 7.15% to reach US$939.130 million by 2023, from US$620.459 million in 2017. Phytogenic feed additives belong to a class of feed additives that include products such as herbs, spices, and essential oils to enhance the level of nutrition present in animal feed. Growing global livestock production is the major driver of the global feed phytogenics market. Rising per capita meat consumption is encouraging farmers to increase the production of livestock including poultry and swine which, in turn, is boosting the demand for feed phytogenics market.
Key Questions Answered By The Report • What will Feed Phytogenics Market from 2019 to 2024? • How are the major drivers and restraints affecting the Global Cargo Inspection Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography • North America • USA • Canada • Mexico • Other • South America • Brazil • Argentina • Others
Geography • Europe • Germany • Italy • United Kingdom • France • Others • Middle East and Africa • Saudi Arabia • UAE • Israel • Others
Geography • Asia Pacific • China • Japan • South Korea • Australia • India • Others
Segments Covered Under Global Storage • By Type • Oleoresins • Herbs and Spices • Essential Oils • Others • By Function • Palatability Enhancers • Antioxidants • Performance Enhancers • Others
Segments Covered Under Global Storage • By Livestock • Swine • Poultry • Ruminants • Others
COMPANY PROFILES • BIOMIN Holding GmbH • Delacon • Cargill • Dostofarm • Kemin Industries • PHYTOBIOTICS • Nutricare Life Sciences Ltd • Pancosma • EW Nutrition • Nor-Feed
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