Chicago, Sept. 14, 2022 (GLOBE NEWSWIRE) -- The Phytogenic Feed Additives Market is estimated to be valued at USD 864 million in 2022. It is projected to reach USD 1,223 million by 2027, with a CAGR of 7.2%, in terms of value between 2022 and 2027, according to a new report by MarketsandMarkets™. The reasons that are driving the growth of the Phytogenic feed additives market are increasing demand for natural additives for enhancing the livestock performance. Phytogenic feed products enhance the nutritional profile of the feed products and also enhance their palatability due to which they are in significant demand across the feed industry.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162036047
Browse in-depth TOC on “Phytogenic Feed Additives Market” 261 – Tables 46 – Figures 252 – Pages
Essential oils account for the largest market share in the phytogenic feed additives market
Based on type, essential oils account for the dominant share in the Phytogenic feed additives market. Due to the recent global rise in awareness regarding natural ingredients and products, essential oils being a plant source have been able to gain significant traction in the industry as a natural ingredient. It also offers various desirable characteristics such as improving feed intake, maintenance of gut health, supporting healthy digestion along with possessing potent antioxidant and anti-inflammatory properties which are likely to significantly contribute to their demand over the forecasted period.
The poultry segment is projected to account for the largest market share in the phytogenic feed additives market
Based on livestock, the poultry segment is projected to account for the largest market share in the phytogenic feed additives market. Some of the reasons boosting the growth of this category are the increasing usage of phytogenic feed additives in poultry birds for their muscle development, enhancement of laying capacity and supporting their overall development. Rising awareness regarding animal health and benefits of phytogenic feed additives in feedstuff have significantly contributed to the growth of this market for poultry.
The herbs & spices segment is projected to retain its position as the dominant segment in the phytogenic feed additives market during the forecast period
Based on sources, the herbs & spices segment is expected to retain its position as the dominant segment during the forecast period. The herbs & spices have a range of medicinal properties and flavors that promote healthy livestock digestion and act as antioxidants, antimicrobials and antioxidants along with possessing anti-inflammatory properties. These desirable characteristics are likely to continue to contribute strongly to the market growth of herbs & spices as the demand for natural ingredients continues to gain traction in the industry over the forecasted period.
The liquid segment is projected to account for the second dominating market in the phytogenic feed additives market
Based on form, the liquid segment is expected to retain its second position in the phytogenic feed additives market. The liquid phytogenic feed additives offer numerous desirable characteristics such as decreased feed wastage and increased consumption and find extensive applications across poultry and ruminant diets that contribute significantly to their demand and market growth.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=162036047
Asia Pacific is projected to be the largest market for the phytogenic feed additives market during the forecast period
Based on region, Asia Pacific region is projected to be the largest market for phytogenic feed additives industry during the forecast period. This growth of the phytogenic feed additives industry in the region is supported by an increasing number of feed mills and feed production. The region also has countries such as China, India, Japan, Thailand and Vietnam which have a large livestock population due to which the demand for phytogenic feed additives have also witnessed a significant rise in recent years as the awareness towards usage of natural additives and need of adequate nutrition increased in the region.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Cargill (US), ADM (US), DuPont (US), DSM N.V. (Netherlands), Land O’ Lakes (US), Adisseo (France), Nutreco (Netherlands), Kemin Industries (US), Natural Remedies (India), and Nor Feed (France).
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=162036047
Browse Adjacent Reports: Agriculture Industry Market Research Reports & Consulting
Animal Growth Promoters and Performance Enhancers Market by Type (Antibiotic and Non-antibiotic (Hormones, Acidifiers, Feed Enzymes, Probiotics & Prebiotics, Phytogenic)), Animal Type (Poultry, Porcine, Livestock, Aquaculture) - Global Forecast to 2026
Essential Oils Market by Type (Orange, Lemon, Lime, Peppermint, Citronella, and Others), Application (Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, Health Care), Method of Extraction, and Region – Global Forecast to 2026
On Wednesday, the Fed bumped up interest rates again, its third 75-basis point hike since June, and signaled that there could be two more such hikes by the end of this year. The conventional wisdom has the Fed acting properly, and aggressively, in an attempt to counter inflation raging at 40-year high levels. But conventional wisdom isn’t always right – and we can learn a lot by consulting the contrarians. Few top investors are more contrarian than Cathie Wood. The founder and manager of ARK Inv
KEY WORDS “I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.
And what it means for your wealth-building options.
Homeowners beware. But don't panic, either.
“We printed up too much money, and just thought the party would never end,” Icahn said, adding that with the Fed raising rates to fight inflation, "the party's over."
Novavax, Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NVAX performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the most successful investors in history, it’s his commitment to his strategy. A countless number of new investment techniques and algorithms have come and gone over the years, but Buffett has maintained his relatively simple strategy of picking solid companies an
Today, with the stock market in meltdown mode, it’s natural to look back at other times of financial woe. The market environment in the 1970s can be particularly instructive.
The shipping company has developed a reputation as one of the best dividend stocks around
If you are looking to add exposure to oil and gas stocks, tread carefully. And consider the strongest, most-diversified names.
Yahoo Finance Editor-in-Chief Andy Serwer explains what investors can learn from historical bear markets.
Forget everything you think you know about the relationship between interest rates and the stock market.
AT&T Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $T performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
Goldman finally decided to stop fighting the Fed and no longer sees the index finishing the year at 4300.
In this article, we discuss the 15 stocks Australian billionaire Kerr Neilson is selling. If you want to skip our analysis of Neilson’s history and investment philosophy, go directly to Australian Billionaire Kerr Neilson is Selling These 15 Stocks. Kerr Neilson is a billionaire investor who co-founded Platinum Asset Management with Andrew Clifford nearly 28 […]
Companies like Microsoft, Chevron, and Becton Dickinson offer rising dividends and defensive growth in a tough market.
Here we'll review three farming-related companies that should provide solid returns to investors.
In a turbulent market for tech, a few stocks, including Activision Blizzard and T-Mobile, have managed to limit their losses to less than 15%.
Shopify Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $SHOP performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
See who joins GOOGL and MSFT on this screen of Warren Buffett stocks based on the investing strategy of Berkshire Hathaway's CEO.