The global phytogenic feed additives market 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. Phytogenic feed additives generally consist of different herbal plants and are made of a wide array of substances. They exhibit various antimicrobial properties other than offering anti-oxidative effects. These feed additives added in animal feed at large amount for improving animal growth through the enhancement of palatability, and improving animal’s gut functioning for high food intake.
Recently the phytogenic feed additives industry is experiencing vibrant growth because of the growing need for enhancers of animal digestibility. Rapid advances in the dairy sector and rising technological explorations are predicted to fuel growth of the phytogenic feed additives industry over the estimated timeline. Moreover, the broad array of functions of phytogenic feed additives in several industries including poultry, dairy, and aquaculture is further augmenting demand in the industry.
Many sources of phytogenics, particularly essential oils, are highly sensitive substances that lose their efficiency and efficacy, because of their vulnerability to extreme temperatures, significant odor, dusty inclination, and various volatile and oxidative properties. Furthermore, the emergence of innovative technologies, including encapsulation, aids in extending the phytogenics’ shelf life. A modern technology, encapsulation, allows essential oils in having a longer shelf life by protecting them from climate changes by keeping the gaseous, solid, or liquid substance packed inside a tiny capsule.
However, expensive active ingredients that are used in phytogenic feed additives is retraining the industry expansion. Moreover, the fake products in emerging economies and limited awareness about the phytogenics usage are some of the other challenges towards the sector’s growth.
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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:
Type Outlook (Revenue, USD Million, 2018 – 2028)
Livestock Outlook (Revenue, USD Million, 2018 – 2028)
Source Outlook (Revenue, USD Million, 2018 – 2028)
Function Outlook (Revenue, USD Million, 2018 – 2028)
Form Outlook (Revenue, USD Million, 2018 – 2028)
Regional Outlook (Revenue, USD Million, 2018 – 2028)
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Table Of Content:
Chapter 1. Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Study Scope
Figure 1 Phytogenic Feed Additives Market Segmentation
Figure 2 Regional Segmentation
1.4 Periodization Considered
1.5 Currency Considered
Table 1 Usd Exchange Rates, 2018–2028
1.6 Units Considered
1.7 Stakeholders
1.8 Summary Of Changes
Chapter 2. Research Methodology
2.1 Research Data
Figure 3 Phytogenic Feed Additives: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primary Interviews
Figure 4 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Size Estimation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.3 Data Triangulation
Figure 7 Data Triangulation Methodology
2.4 Research Assumptions
2.5 Limitations
Chapter 3. Executive Summary
Table 2 Market Snapshot, By Type & Region, 2021 Vs. 2028 (Usd Million)
Figure 8 Phytogenic Feed Additives Market, By Type, 2021 Vs. 2028(Usd Million)
Figure 9 Market, By Livestock, 2021 Vs. 2028(Usd Million)
Figure 10 Market, By Source, 2021 Vs. 2028(Usd Million)
Figure 11 Market, By Region, 2020(In Terms Of Value)
Chapter 4. Premium Insights
4.1 Opportunities In The Market
Figure 12 Rising Ban On Synthetic Antibiotics And Growing Concerns Regarding Feed Quality To Support Market Growth
4.2 Market, By Type And Region, 2020
Figure 13 Asia Pacific Was The Major Consumer Of Phytogenic Feed Additives Across The Globe In 2020, In Terms Of Value
4.3 Asia Pacific: Market, By Livestock And Country, 2020
Figure 14 China Was The Major Consumer Of Phytogenic Feed Additives In 2020, In Terms Of Value
Continue…
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