Feed Phytogenics Market share to exceed USD 790 Million by 2024: Global Market Insights Inc. The research report Global Feed Phytogenics Market Size By Product (Essential Oils, Herbs & Spices, Oleoresins), By Livestock (Poultry, Swine, Ruminant, Aquatic, Equine), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024 says, Global Feed Phytogenics Market is set to surpass USD 790 Million by 2024 Increasing demand for high quality meat products, particularly in the economies of China, India and Brazil, is likely to boost feed phytogenics market, driven by the increased demand for livestock production. Phytogenics are known to have a wide range of biologically active properties, such as anti-inflammatory, antioxidative, antimicrobial and digestion-enhancement, beneficial in modern livestock production. These products are used to enhance the performance & health of livestock including ruminants, poultry, swine, and aquatic, basically for meat consumption, the upsurge in which will augment feed phytogenics industry.
Reportedly, the meat sector has increased its investments lately so as to meet the surging demand for high protein meat products for health-conscious consumers, and has seemingly switched to ready-to-eat (RTE) meat products due to easy availability, hectic lifestyles, and rising innovations in meat processing technology. Reports suggest that in the 2015, the China’s meat production accounted for 28.4% of the total meat production in the world, while the global meat production stood at 86.25 million tons. By adopting advanced meat processing technologies and phytogenic feed additives (PFAs), meat industry players are focusing on increasing their output yield, which would quite overtly prove to beneficial for feed phytogenics market. Ideally, PFAs are used in the animal industry is to improve the feed quality as well as animal health and performance. The product is considered as a first alternative to AGP (antibiotic growth promotors), mainly due to its antioxidant, antimicrobial, and antiinflammatory properties. Most reports speculate an optimistic growth in PFA promoting effects on reproduction of milk, egg, and meat. These products have found wide usage in dairy cow nutrition to enhance the technical properties of milk for cheese and butter production and play a critical role in reacting to a ruminant’s complex digestive and metabolic system. These products also impart anti-oxidative and anti-inflammatory properties to the gastrointestinal tract for the survival of calves. Driven by these incredible benefits, feed phytogenics market is expected to traverse along a positive growth path in the years ahead.
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U.S. Feed Phytogenics Market Size, By Product, 2017 & 2024, (USD Million)
Browse key industry insights spread across 230 pages with 222 market data tables & 41 figures & charts from the report, “Feed Phytogenics Market Size By Product (Essential Oils, Herbs & Spices, Oleoresins), By Livestock (Poultry, Swine, Ruminant, Aquatic, Equine), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, France, UK, Netherlands, Poland, Belgium, Spain, Russia, Italy, China, India, Japan, Philippines, Indonesia, South Korea, Taiwan, Thailand, Vietnam, Australia, Malaysia, Brazil, Argentina, Peru, Chile, Colombia, Nigeria, South Africa, Turkey), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024� in detail along with the table of contents: https://www.gminsights.com/industry-analysis/feed-phytogenics-market Essential oils (EOs) are widely used as PFAs, due to their strong aromatic features and bioactivity. On account of the volatile and reactive nature of EOs, their effectiveness in animals can be influenced by different conditions during production processes, storage of EOs, and conditions in the gastrointestinal tract of the animals. Evidence suggest that PFAs containing more volume of essential oils can minimize the environmental impact of livestock industry on the atmosphere by reducing emissions of ammonia from pig production, and methane from fermentation in the rumen. Moreover, these products can increase the absorption of amylase and other endogenous enzymes, further increasing the commercialization potential of EO-based feed phytogenics market. The use of EO-based PFAs offers several benefits to producers, including enhanced animal performance, improved feed efficiency and reduced emissions. According to reports from the animal health and nutrition company, BIOMIN, the overall phytogenic feed additives sector alone is likely to become a billion-dollar industry by 2030. A report 2|Page
from Global Market Insights, Inc., claims essential oils-based feed phytogenics industry size to surpass USD 380 million by 2024. Segmentation of Feed Phytogenics Market:
Feed phytogenics market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments: Feed Phytogenics Market, By Product • • • •
Essential Oils Herbs & Spices Oleoresins Others
Feed Phytogenics Market, By Livestock • • • • • •
Poultry Swine Ruminant Aquatic Equine Others
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