Feed Phytogenics Market 2022 – 2028 | Key Developments Factors and Demand Insights

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Feed Phytogenics Market to 2028 Growth,
Emerging Trends and Opportunities Analysis
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• Feed Phytogenics Market size is expected to
  surpass USD 900 million by 2028, primarily owing
  to its wide utilization as alternative additive
  to antibiotic and promotes animal health.
• Some major findings of the feed phytogenics
  market report include
• Feed phytogenics market should grow at a CAGR
  over 3.5 owing to its beneficial properties such
  as natural, less toxic, and residue free for
  animal feed application.
• Essential oil product surpassed USD 345 million
  in 2022 , mainly due to its ability to boost
  animal health performance and improve feed intake
  in animals.
• Equine livestock surpassed USD 25 million in 2022
  , due to its health benefits to equine health by
  stabilizing gut micro flora and enhances
  digestibility.
• Aquatic livestock are likely to surpass USD 70
  million by 2028, owing to wide application as a
  cost-effective feed ingredient and more efficient
  diet for aquatic livestock.
• The North America feed phytogenics demand is
  majorly driven by ruminant, poultry, and swine
  livestock.

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• Global feed phytogenics market size by oleoresins
  product should surpass USD 165 million by 2028.
  Oleoresins are solvent free extracts which
  contains non-volatile components and provides
  different flavors. The oleosresins are used in
  animal nutrition feed as appetite and digestive
  stimulants, for prevention and treatment of some
  pathological conditions this factor should fuel
  market growth. High demand for feed additives to
  improve the value of livestock by overcoming
  deficiencies, nutrient problem and performance
  issues is anticipated to boost oleoresin product
  demand thus boosting market growth.
• Global feed phytogenics market size by swine
  livestock should surpass USD 245 million by 2028.
  In swine the phytogenics improves feed intake and
  reduces weight during the lactation which should
  proliferate product demand. Phytogenics improves
  the daily litter weight gain and reduces
  weaning-tofirst-service interval this factor is
  expected to boost the product demand and. will
  favor the market growth in the foreseeable
  timeframe.
• Phytogenic use in swine feed shows
  anti-inflammatory effect, increases nutrient
  digestibility, enhances intestinal morphology,
  and improves growth performance this factor
  should escalate product demand. Increasing pork
  production and consumption is driving the demand
  of swine feed which should boost product demand
  thus boosting market growth. Pork meat fat
  content, its palatability and texture fascinate
  the consumers which is driving the pork meat
  consumption and in turn should favor feed
  phytogenics business growth.

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• Regional Analysis

• Europe feed phytogenics market is likely to
  register growth over USD 195 million in 2022 and
  growth over 3.3 CAGR from 2022 to 2028 owing to
  increasing meat consumption. High level of meat
  production coupled with increasing meat export is
  anticipated to create opportunity for feed
  phytogenics market growth.
• Also, increasing meat demand owing to growing
  population along with high consumer preference
  for chicken meat is likely to escalate product
  demand. Poland being the largest chicken producer
  in European Union is anticipated to favor market
  growth. High incident of viral infection and
  increased risk of disease outbreak in animals is
  further anticipated to boost product demand thus
  stimulating market growth.

• Competitive Analysis

• The feed phytogenics market is competitive and
  includes industry players such as Biomin GmBH,
  Dow DuPont, Igusol, Natural Remedies Pvt Ltd,
  Nor-Feed, Nutricare Lifesciences Limited,
  Phytosynthese and Natural Herbs Formulations.

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