Global animal feed phytogenics market to reach US$ 962.5 M by 2023

reogma|Global animal feed phytogenics market to reach US$ 962.5 M by 2023

The Global animal feed phytogenics market is expected to propel 8.8% CAGR and reach US$ 962.5 million by 2023.

This is primarily due to advancements in the feed industry, increased demand for livestock products, the rise in awareness about animal health & feed quality, ban on antibiotics as growth promoters, and the health benefits of phytogenics.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Growing concerns worldwide over Antibiotic Growth Promoters (AGPs) in animal nutrition has resulted in efforts to use alternative ingredients that can effectively replace AGPs; phytogenics being one such alternative.

Phytogenics are a new group of feed additives, comprising a wide range of substances that are classified according to the botanical origin, processing, and composition.

Animal feed phytogenics have occupied a special place in the global market. A group of natural growth promoters or non-antibiotic growth promoters used as feed additives, derived from herbs, spices or other plants is called phytogenics.

And animal feed phytogenics are the plant-based feed additives used in animal nutrition. There are numerous benefits of phytogenics for animals.

Phytogenics feed additives have plant extracts and show greater modes of action in animal nutrition compared to synthetic, nature-identical substances.

Studies suggest that this advantage is based on the synergistic effects of all agents within a plant, which have not been reduced to the effects of a single lead substance. As phytogenics are plant-based and proven to be healthy, there is a global demand for them.   

reogma|Global animal feed phytogenics market to reach US$ 962.5 M by 2023


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The Global animal feed phytogenics market is expected to propel 8.8% CAGR and reach US$ 962.5 million by 2023. This is primarily due to advancements in the feed industry, increased demand for livestock products, the rise in awareness about animal health & feed quality, ban on antibiotics as growth promoters, […]
reogma|Global animal feed phytogenics market to reach US$ 962.5 M by 2023reogma|Global animal feed phytogenics market to reach US$ 962.5 M by 2023

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