#Feed Phytobiotics Market

[mayurreports]

Feed Phytobiotics Market, Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2022-2030

Market Overview

The global feed phytobiotics market is witnessing a constant rise in revenues. The market growth attributes to the rising demand and consumption of animal protein-based products. Besides, the growing demand to improve animal health by improving feed performance drives the market growth. Also, the rapidly growing dairy products industry impacts the growth of the market positively. Moreover, the commercialization of feed additive products accelerates the market growth. 

According to Market Research Future (MRFR), the global feed phytobiotics market is projected to reach USD 60.09 Billion by 2030, posting 9.20% CAGR during the assessment period (2022-2030). Augmenting demand and consumption of milk & meat products noticed among the ever-increasing global population pushes the market growth further. The quality of animal products, including eggs, meat, milk, leather, fur, and wool, majorly depends on the feed quality & nutrition offered to the animals.

This resultantly increases the consumption of feed phytobiotics. Furthermore, the rising demand to increase industrial livestock production encourages operators to supply high-quality and nutritive feed to their animals. This acts as a key driving force for the market, creating the demand for high-quality animal feeds. Moreover, the rising trend of pet adoption and providing them the best possible nutrition and care propel the market growth, driving the feed industry.

Sale of Feed Phytobiotics is rising continually, which in turn, allows the market to garner constant traction across the globe. Additional factors such as the growing awareness among animal operators about the importance of nutrition levels in feed and advances in the feed phytobiotics manufacturing techniques boost the market growth. Simultaneously, increasing product launches of innovative feed additives, alongside the increasing strategic alliances between additive manufacturers and feed industry players bolster the growth of the market. 

 Market – Segments

The report is segmented into four dynamics;

By Source            : Herbs & Spices, Essential Oils, Oleoresins, and others.

By Livestock       : Ruminants, Poultry, Swine, and others.

By Function        : Performance, Palatability, and others.

By Regions          : Europe, Americas, Asia Pacific, and Rest-of-the-World.

 Regional Analysis

Asia Pacific dominates the global feed phytobiotics market. The largest market share attributes to the increase in livestock production in various countries such as India, Indonesia, Thailand, Vietnam, and Sri Lanka, due to the spurting growth in the livestock feed industry in the region. India accounts for the world's largest producers and consumers of milk & other livestock product. Resultantly India holds a major contributor to regional market growth.

Moreover, the rising demand for animal protein and meat products in the region is a key growth driver for the market. The APAC feed phytobiotics market is expected to retain its leading position throughout the forecast period due to large scale poultry farming in China.

North America is another lucrative market for feed phytobiotics globally. The market is predominantly driven by the stringent rules and regulations imposed on the use of conventional antibiotics growth promoters in many countries. Moreover, the rising demand for animal protein products in the region drives the market growth.

Also, the increasing consumption of poultry products is expected to drive the growth of the feed phytobiotics market in this region. Additionally, the presence of several large feed phytobiotics manufacturing companies in the region foster market growth. The North American feed phytobiotics market is projected to gain a significant market share during the review period.

The feed phytobiotics market in the European region is growing rapidly. Factors such as the increasing demand for feed phytobiotics and the increased consumption of meat and dairy products across the region push the growth of the market. Besides, the vast uses of feed phytobiotics in the dairy cattle feed production to supply the growing milk & meat products industry in the EU, and the Eastern European region fosters the market growth.

Besides, advances in the development of feed phytobiotics and farming practices for swine & poultry animals act as a key tailwind for the regional market. The European feed phytobiotics market is to witness scaled up production during the forecast period.

Competitive Analysis

Highly competitive, the feed phytobiotics market appears fragmented, with many well-established players forming a competitive landscape. To gain a larger competitive share in the market, mergers & acquisitions, collaborations, expansions, and product/technology launch remain key strategies for these players. They invest substantially to drive these strategic initiatives and R&D to develop a new product/technology. Manufacturers significantly invest in cutting-edge R&D that can support the innovation pipeline. These players compete based on pricing, quality, reputation, and services. 

Market Players: 

The key feed phytobiotics market players include Archer-Daniels-Midland Company (US), Alltech, Inc. (US), EI du Pont de Nemours and Company (US), Kemin Industries, Inc. (US), Cargill Inc. (US), Phytobiotics Futterzusatzstoffe GmbH (Germany), AB Agri Ltd. (UK), BIOMIN Holding GmbH (Austria), ForFarmers N.V. (Netherlands), Neovia (France), AdiFeed S.p. z o.o (Poland), Pancosma (Switzerland), Dostofarm GmbH (Germany), and Adisseo France SAS (China), among others. 

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[imr-riya]

Phytogenic Feed Additive Market by Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2028

Phytogenic Feed Additive Market was valued at USD 797.86 million in 2021 and is expected to reach USD 1376.28 million by the year 2028, at a CAGR of 8.1 %.

Phytogenic, Phyto-biotics or botanicals, are plant-derived products used as feed additives, to potentially increase the performance of animal husbandry. Studies have shown that photogenic, play an important role in increased feed uptake, improved gut function, anti-oxidant effects, and anti-microbial effects. Moreover, phytogenic feed additives have found increased use, over traditional feed additives as they don't have antibiotics and are 100% natural. Phytogenic additives also enhance the flavor of the feed and also aids in digestion. Moreover, using phytogenic feed additives, reduces ammonia emission from livestock, thereby reducing nitrogen pollution. The blue ridge in using phytogenic feed additives is that it suppresses the growth of harmful bacteria without the utilization of antibiotics, thereby boosting the growth of the phytogenic feed additive market during the forecast period. Globally the demand for organic meat is rising substantially, to meet this demand, the necessity of phytogenic feed additives has increased. Moreover, phytogenic feed additives are capable of reducing microbial threats and promoting intestinal health, which is a positive sign for optimal performance and profitability, thereby promoting the growth of the phytogenic feed additives market in the forecast period. According to BIOMIN, the market for phytogenic feed additives is going to increase from US$500 million in 2015 to US$2 billion by 2030, i.e., four times from its initial value in 2015.

This Phytogenic Feed Additive Market Report includes information on the manufacturer, such as shipping, pricing, revenue, interview records, gross profit, and company distribution, among other things. These details assist consumers to learn more about their rivals. Likewise, the report outlines the significant difficulties that would have an influence market growth. They also give extensive facts about the industry's potential to key stakeholders, allowing them to expand their industries and increase sales in certain industries. The research will assist companies who are already in or want to enter this market in analyzing the many facets of this domain before investing in or growing their industry in the Phytogenic Feed Additive markets.

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Key Industry Players in Phytogenic Feed Additive Market:

·         Cargill Incorporated (US)

·         Dupont De Nemours

·         Bentoli (US)

·         BIOMIN (Austria)

·         DOSTOFARM Gmbh (Germany)

·         Phytobiotics Futterzusatzstoffe Gmbh (Germany)

·         Pancosma (Switzerland)

·         The Himalaya Drug Company (India)

·         Silvateam S.P.A. (Italy)

·         NOR-FEED VIETNAM CO. LTD (France)

·         INFOEMPRESA SL (Spain)

·         Bluestar Adisseo Co. Ltd. (China)

·         Natural Remedies (India)

·         Delacon Biotechnik Gmbh (Austria) and other major players.

Phytogenic feed additives also called as phytobiotics are non-antibiotic growth promoters or group of natural growth promoters used as feed additives, derived from spices, herbs or other plants. Essential oils are the concentrated type of phytogenics, which contain the most vital elements of plants. There have been various restrictions in many countries over the use of in-feed antibiotics. Introduction of phytogenic feed additives, have resulted in product derivation for potential animal performance improvements.

Segmentation Analysis Includes,

By Type:

·         Essential Oils

·         Herbs

·         Spices

·         Oleoresins

By Livestock:

·         Poultry

·         Cattle

·         Aquatic

·         Swine

·         Other Ruminants

By Form:

·         Liquid

·         Dry

By Sources:

·         Flower

·         Fruits

·         Leaves

·         Roots

·         Non-Aqueous Solvents from Plant Materials

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Questions Answered in the Baobab Market Research Report:

·         Which are the major phytogenic feed additives types considered in this study and which segments are projected to have promising growth rates in the future?

·         What are some of the drivers fuelling the growth of the phytogenic feed additives market?

·         What kind of information is provided in the competitive landscape section?

·         What is the market size and forecast of the Global Phytogenic Feed Additives Market?

·         What are the technology trends and regulatory frameworks in the Global Phytogenic Feed Additives Market?

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments.

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The global Phytogenic feed additives market is segmented on the basis of type, livestock, and function. On the basis of type, the global Phytogenic feed additives market is divided into essential oils, flavonoids, oleoresins, and others. On the basis of product type, the global Phytogenic feed additives market is divided into poultry, swine, ruminants, and aquatic animals. On the basis of distribution channel, the global Phytogenic feed additives market is divided into performance enhancers and palatability enhancers.

Related Report: -

https://introspectivemarketresearch.com/reports/animal-feed-additives-market/

https://introspectivemarketresearch.com/reports/medicated-feed-additives-market/

https://introspectivemarketresearch.com/reports/probiotic-feed-additives-market/

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[dv554822]

Phytogenic Feed Additives Market Analysis Reports Revenue Growth Globally During The Forecast 2027

The global phytogenic feed additives market is segmented by packaging into flexible, rigid and others; by application into diary, poultry, aquaculture and others and by regions. Phytogenic feed additives market is anticipated to mask a CAGR of 5.3% during the forecast period i.e. 2018-2027.

Currently the global phytogenic feed additives market is observing vibrant growth owing to increasing demand of animal digestibility enhancers in the market. Advance in dairy industry in the past few years and growing technological explorations is projected to drive phytogenic feed additives market besides the wide range of functions of phytogenic feed additives in an immense range of industries such as dairy, poultry and aquaculture during the forecast period.

As a precursor to animal nutrition in various animal care industries, North America is panned to observe substantial phytogenic feed additives market growth due to its innate nature of adopting technologically advanced products in its nascent stages. North America is anticipated to be followed by Asia-Pacific in terms of consumption due to expanding requirements for phytogenic feed additives in antimicrobial animal treatment and careful feeding. Europe is expected to drive demand and positively impact Phytogenic Feed Additives Market growth over the forecast period owing to increasing phytogenic feed additives application for improving gut functioning to provide with better quality products for the meat consumers of the region is expected to propel the market over the forecast period.

Growing Applications on account of improved Livestock Quality

Application of phytogenic feed additives in the improvement of gut function by stimulatory effect on digestive secretions such as enzymes, bile, and mucus by phytogenic substances to improve animal growth and quality is estimated to serve as a major factor in the growth of phytogenic feed additives market. Increased feed intake also helps in better quality of animal on account of increased palatability of the diet due to enhanced odor and flavors of feed.

Restrictions on the Use of Anti-microbial

There have been various restrictions in many countries over the use of in-feed antibiotics. Introduction of phytogenic feed additives also referred to as phytobiotics, have resulted in product derivation for potential animal performance improvements.

However, lack of awareness regarding the availability of these products and resistance towards change owing to lower profit margins is predicted to behave as restraining factor in the phytogenic feed additives market growth. Moreover, herbs and spices exhibiting antimicrobial properties may pose similar side-effect risks to the producers as well as meat consumers.

The report titled “Global Phytogenic Feed Additives Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Phytogenic Feed Additives market in terms of market segmentation by packaging, by application and by regions.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global Phytogenic Feed Additives market which includes company profiling of Biomin Company, Delacon Biotechnik GmbH, A/B Technologies International, Inc., British Horse Feeds, Miavit GmbH, Tolsa, S.A, Zhengzhou Xinbanghuifa Biotechnology Co., Ltd., Shanghai Yung Zip Pharmaceutical Trading Co., Ltd., Wudi Deda Agriculture Co. Ltd. and Cargill. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Phytogenic Feed Additives market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

[tejasamale]

Feed Phytobiotics Market Report, Key Players, Size, Share, Analysis 2019 and Forecast To 2024

Feed Phytobiotics Market Report, Key Players, Size, Share, Analysis 2019 and Forecast To 2024

Market Overview

Feed phytobiotics are plant-derived livestock feed formulation, which is added to improve the nutritional content of the feed. The feed phytobiotics helps in stimulation and secretion of digestive enzymes, which, in turn, stimulate an immune response. Feed phytobiotics holds a good anti-microbial, anti-bacterial, antiviral, and antioxidant properties, which are used to improve…

[foodsindustry]

Feed Palatability  Enhancers Market Size and Upcoming Trends

The global feed palatability enhancers and modifiers market is analyzed in great detail in the latest research report from Market Research Future (MRFR), which provides readers with an accurate overview of the market’s historical growth patterns and further provides studied forecasts regarding the global feed palatability enhancers industry growth likely trajectory over the forecast period from 2019 to 2024. The major drivers and restraints operating on the global feed palatability enhancers and modifiers market are also analyzed in the report to give readers a clear idea of what is driving and holding back the market, respectively. Key tactics and competitive strategies used major players are also analyzed in the competitive analysis section of the report, which profiles major market players in order to provide readers with a clear picture of the global feed palatability enhancers and modifiers market’s competitive landscape and dynamics.

The feed palatability enhancers and modifiers market is mainly driven by the growth of animal husbandry in recent years. Due to the growing demand for animal products such as milk, meat, and others, the animal feed industry has become ever more refined and multifaceted. This includes the use of several feed additives to improve the quality of the feed and enable an increased yield from the animals. Such additives include medicines, vitamins, and minerals. However, such additives often bring with them a bitter taste, which is rejected by the animals. Feed palatability enhancers and modifiers are thus used to make the fortified feed palatable to the animals. Feed palatability enhancers and modifiers modify the flavor of the feed to make it more palatable to the animals, enabling continued consumption.

The increasing acceptance of modern solutions in the animal feed industry is also a major driver for the feed palatability enhancers and modifiers market. Historically, the animal feed industry has been resistant to technological changes, as animal feed has been seen as a simple matter that doesn’t require any innovations. However, in recent times, the animal feed industry has been open to technological breakthroughs, as the increasing demand for animal products has brought about an increasing demand for animal feed, enabling the accrual of profits and capital in the industry. This is likely to remain a key driver for the global feed palatability enhancers and modifiers market over the forecast period.

Segmentation:

The global feed palatability enhancers and modifiers market is segmented on the basis of type, livestock, and region.

By type, the global feed palatability enhancers and modifiers market is segmented into flavors and sweeteners, and texturants. The flavors and sweeteners segment is further sub segmented into natural flavors, artificial flavors, natural sweeteners, and artificial sweeteners.

The global feed palatability enhancers and modifiers market by type is segmented into ruminants, pets, swine, aquaculture, and others.

Competitive Analysis:

Leading players in the global feed palatability enhancers and modifiers market include Solvay SA, Phytobiotics Futterzusatzstoffe GmbH, Nutriad International NV, Pancosma SA, Prinova Group LLC, Tanke International Group, Ensign-Bickford Industries Inc., Grupo Ferrer Internacional SA, Kerry Group, Kemin Industries, and DowDuPont. Product diversification is likely to be the major tactic for players in the global feed palatability enhancers and modifiers market, as the market is ripe for the introduction of several types of feed enhancers and modifiers for use in various types of animal feeds. The increasing variety in animal feed products is likely to be a major driver for the feed palatability enhancers and modifiers market, as feed palatability enhancers and modifiers are specific to each type of animal feed. Technological innovation to produce new types of enhancers and modifiers is also likely to be a popular tactic for players in the global feed palatability enhancers and modifiers market.

Regional Analysis:

Asia Pacific is expected to dominate the global feed palatability enhancers and modifiers market over the forecast period due to the growing animal feed industry in the region. The growing demand for animal products such as milk and meat in countries such as India and China is likely to be a major driver for the feed palatability enhancers and modifiers market in Asia Pacific.

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[research-insights]

Phytogenic Feed Additives Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2028

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. Phytogenics are basically the natural or non-antibiotic growth promoters derived from plants. They are highly used as feed additives, derived from vegetables & fruits, herbs & spices, or flowers. Various phytogenic feed additives are used in livestock feed including saponins, flavonoids, tannins, essential oils, oleoresins, pungent substances, mucilages, and bitter substances.

The report’s precise market projections are based on historical, current, and future market contexts. Additionally, the report highlights the forecast global market value, upcoming market trends, gross revenue generation, manufacturer and buyer landscape, available products & services, technological breakthroughs, and end-use industries. The report further offers full coverage of the COVID-19 pandemic on this industry and its leading segments. It thus highlights the profound changes that took place in this business sphere following the coronavirus outbreak.

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The report includes an extensive study of industry, strategic initiatives adopted by major companies, growth prospects, market position, and shares held by key participants to provide readers a comprehensive overview of the competitive landscape. The report also studies strategic initiatives undertaken by major companies in the market, including product launches, product innovation, and technological development, to strengthen their position in the market. It also studies notable business events, including collaborations, mergers and acquisitions, joint ventures, partnerships, and brand promotions.

The report also examines the financial standing of leading companies in detail, which consists of market position, gross profit, overall revenue, sales volume, manufacturing, growth rate, and other vital facts & figures. It profiles the leading companies in the industry to derive market positions, and strengths and weaknesses of established competitors and new entrants by utilizing analytical tools like SWOT Analysis and Porter’s Five Forces Analysis. The study also highlights production capacity, consumer base, value, volume, product offerings, upstream suppliers, downstream buyers, market concentration rate, and leading regions to give an exhaustive evaluation of the global landscape.

Key Players:

Major participants operating in the industry are Delacon Biotechnik GmbH (Austria), BIOMIN Holding GmbH (Austria), DOSTOFARM GmbH (Germany), IGUSOL S.A. (Spain), Pancosma (Switzerland), Phytobiotics Futterzusatzstoffe GmbH (Germany), Phutosynthese (France), NOR-FEED (France), and Silvateam S.p.A. (Italy).

Further key findings in the report:

The poultry sub-segment led the phytogenic feed additives sector in the year 2019. This sub-segment’s superiority is resultant to the increasing demand for AGP replacers, particularly in the nations like China, the U.S., and Brazil. Such rapid growth in the production of poultry meat is predicted to further augment need for excellent quality feed, thereby accelerating the market’s growth.

The growing feed production is the primary factor fueling the feed phytogenics industry worldwide, due to phytogenic’s several health-induced benefits and antibiotic-free nature in animals.

APAC accounted for the sizeable market share in 2019, in terms of value. The region’s growth is attributed to the growing need for superior meat quality as well as dairy products from health enthusiasts, and rising popularity for natural pet food ingredients added with proper nutritional value.

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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)

Essential oils

Flavonoids

Saponins

Oleoresins

Others (mucilage, tannins, bitter substances, and pungent substances)

Livestock Outlook (Revenue, USD Million, 2018 - 2028)

Poultry

Swine

Ruminants

Aquatic animals

Others (pets and equine)

Source Outlook (Revenue, USD Million, 2018 - 2028)

Herbs & spices

Flowers

Fruits & vegetables

Function Outlook (Revenue, USD Million, 2018 - 2028)

Performance enhancers

Antimicrobial properties

Palatability enhancers

Others (phytogenic feed additives with anti-inflammatory properties and better feed conversion)

Form Outlook (Revenue, USD Million, 2018 - 2028)

Dry

Liquid

Regional Outlook (Revenue, USD Million, 2018 - 2028)

The U.S.

Canada

Mexico

Germany

France

Italy

Spain

U.K

Rest of Europe

China

India

Australia

Japan

Rest of Asia Pacific

Brazil

Argentina

South Africa

Others

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Key Questions Answered In The Report

What will be the market size and growth rate in the forecast year?

What are the key factors driving the global Phytogenic Feed Additives market?

What are the risks and challenges in front of the market?

Who are the key players in the global Phytogenic Feed Additives market?

What are the trending factors influencing the market shares?

What are the key outcomes of Porter’s five forces model?

Which are the global opportunities for expanding the global Phytogenic Feed Additives market?

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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[kenresearchcompany]

Global Feed Phytogenic Market-  Analysis, Growth And Forecast 2022-2027

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Based on the Feed Phytogenic market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

In Chapter 2.4 of the report, we share our perspectives for the impact of COVID-19 from the long and short term.

In chapter 3.4, we provide the influence of the crisis on the industry chain, especially for marketing channels.

In chapters 8-13, we update the timely industry economic revitalization plan of the country-wise government.

Key players in the ‘Global Feed Phytogenic Market’ covered in Chapter 5:

Cargill

Kemin Industries

Delacon Biotechnik

Pancosma

A&A Pharmachem

Du Pont

Dostofarm

Biomin Holding

Phytosynthese

Phytobiotics Futterzusatzstoffe

In Chapter 6, on the basis of types, the Feed Phytogenic market from 2015 to 2025 is primarily split into:

Essential Oils

Herbs & Spices

Oleoresins

Mucilage

Echinacea

In Chapter 7, on the basis of applications, the Feed Phytogenic market from 2015 to 2025 covers:

Swine

Ruminants

Poultry

Equine

Aquatics

Other Animals

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 8-13:

North America (Covered in Chapter 9)

United States

Canada

Mexico

Europe (Covered in Chapter 10)

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific (Covered in Chapter 11)

China

Japan

South Korea

Australia

India

South America (Covered in Chapter 12)

Brazil

Argentina

Columbia

Middle East and Africa (Covered in Chapter 13)

UAE

Egypt

South Africa

Years considered for this report:

Historical Years: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2020-2025

For More Information, refer to below link:-

Global Feed Phytogenic Market Research Report Outlook 2021-2027

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Phytogenic Feed Additives Market 2023 | Business Opportunity, Growth Strategies & Forecast Report By 2028

The Global Phytogenic Feed Additives Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Phytogenic Feed Additives industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.

Base Year: 2021

Estimated Year: 2022

Forecast years: 2023 to 2028

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Phytogenic Feed Additives market.  The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Phytogenic Feed Additives market with company profiles of key players such as:

A & A Pharmachem Inc.

Biomin Holding GmbH

Cargill, Incorporated

Delacon Biotechnik GmbH

Dostofarm GmbH

E. I. du Pont de Nemours and Company

Kemin Industries, Inc.

Pancosma SA

Phytobiotics Futterzusatzstoffe GmbH

Phytosynthese

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Phytogenic Feed Additives Market Analysis by Product:

Essential oils

Herbs & spices

Oleoresins

Others

Phytogenic Feed Additives Market Analysis by Function:

Palatability Enhancers

Performance Enhancers

Others

Phytogenic Feed Additives Market Analysis by Livestock:

Aquatics

Poultry

Swine

Ruminants

Equine

Others

Phytogenic Feed Additives Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

What is the expected growth of the Phytogenic Feed Additives market between 2023 to 2028?

Which application and type segment holds the maximum share in the Global Phytogenic Feed Additives market?

Which regional Phytogenic Feed Additives market shows the highest growth CAGR between 2023 to 2028?

What are the opportunities and challenges currently faced by the Phytogenic Feed Additives market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Phytogenic Feed Additives market?

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Phytogenic Feed Additives Market 2021 Detailed Analysis of Current Industry Figures with Forecasts Growth By 2025

An ever-increasing prevalence of animal diseases coupled with a surging demand for meat has compelled animal growers to invest in higher quality feed additives. Phytogenic feed additives, also known as botanicals, are plant-based molecules. Phytogenic feed additives can be further classified into essential oils, tannins, saponins, and flavonoids. Phytogenic feed additive is sometimes included with animal supplement to improve feed quality and animal health. The unabated rise in demand for poultry, fish, and meat is anticipated to fuel the phytogenic feed additives market. 

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Minimal Oversight Allows Companies to Flood Phytogenic Feed Additives Market With Duplicates

A dearth of robust patent laws, regulatory frameworks, and security mechanisms is poised to be the biggest restraint in the phytogenic feed additives market over the forecast period. A lack of regulation has resulted in a proliferation of duplicate phytogenic feed additives that do more harm than good. Manufacturers seeking to capture a large chunk of the phytogenic feed additives market offer inferior quality products in a race to outdo themselves and grab consumer attention. 

COVID-19 Concerns Have Forced Animal Growers to Invest in Phytogenic Feed Additives

In 2006, the EU prohibited the use of antimicrobial substances as growth stimulants and laid down stringent guidelines on the usage of synthetic additives such as phytogenic feed. In addition, COVID-19 has made consumers wary about the meat they consume and its origin as the virus is hypothesized to be zoonotic in nature. Thus, consumers are looking for grass-fed, organically grown, GMO feed free animals. All these factors generate the need for natural options such as phytogenic feed additives. Major livestock producing nations such as Australia, Mexico, China, and the US hold limitless potential for key stakeholders in the phytogenic feed additives market. 

Medicinal Properties of Essential Oils Explain Their Popularity in Phytogenic Feed Additives Market

In 2019, the essential oil segment had the greatest value share of the phytogenic feed additive market. Essential oils are reputed to have medicinal properties such as boosting gut health and immunity. As they are plant-based, they add an appealing flavour to phytogenic feed additives. The poultry and pork segment account for the largest market share in the phytogenic feed additives market. A shift in consumer preferences towards healthier meat along with greater trade in pork products is predicted to drive demand in the phytogenic feed additives market until 2025. 

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Feed Producers Entering Into Agreements to Secure Competitive Position in Phytogenic Feed Additives Market

In October 2020, Cargill Incorporated entered into an agreement with BinSentry to make feed monitoring more efficient and safer for feed mills and animal producers. BinSentry’s solution accurately tracks feed inventory with LiDAR sensors every four hours and installs in less than ten minutes. According to Cargill’s MD of animal nutrition, the integration of the two platforms should aid feed mills, animal producers, and customers get the ideal feed additive for specific animal groupings. Other companies profiled in the report on the phytogenic feed additives market include Tolsa, S.A, Miavit GmbH, A/B Technologies International, Inc., Delacon Biotechnik GmbH, Dostofarm GmbH, Phytobiotics Futterzusatzstoffe GmbH, BIOMIN Holding GmbH, Kemin Industries Inc and Silvateam S.p.A. among others.

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Phytogenic Feed Additives Market To Experience Significant Growth During The Forecast Period 2027

The global phytogenic feed additives market is segmented by packaging into flexible, rigid and others; by application into diary, poultry, aquaculture and others and by regions. Phytogenic feed additives market is anticipated to mask a CAGR of 5.3% during the forecast period i.e. 2018-2027.

Currently the global phytogenic feed additives market is observing vibrant growth owing to increasing demand of animal digestibility enhancers in the market. Advance in dairy industry in the past few years and growing technological explorations is projected to drive phytogenic feed additives market besides the wide range of functions of phytogenic feed additives in an immense range of industries such as dairy, poultry and aquaculture during the forecast period.

As a precursor to animal nutrition in various animal care industries, North America is panned to observe substantial phytogenic feed additives market growth due to its innate nature of adopting technologically advanced products in its nascent stages. North America is anticipated to be followed by Asia-Pacific in terms of consumption due to expanding requirements for phytogenic feed additives in antimicrobial animal treatment and careful feeding. Europe is expected to drive demand and positively impact Phytogenic Feed Additives Market growth over the forecast period owing to increasing phytogenic feed additives application for improving gut functioning to provide with better quality products for the meat consumers of the region is expected to propel the market over the forecast period.

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Growing Applications on account of improved Livestock Quality

Application of phytogenic feed additives in the improvement of gut function by stimulatory effect on digestive secretions such as enzymes, bile, and mucus by phytogenic substances to improve animal growth and quality is estimated to serve as a major factor in the growth of phytogenic feed additives market. Increased feed intake also helps in better quality of animal on account of increased palatability of the diet due to enhanced odor and flavors of feed.

Restrictions on the Use of Anti-microbial

There have been various restrictions in many countries over the use of in-feed antibiotics. Introduction of phytogenic feed additives also referred to as phytobiotics, have resulted in product derivation for potential animal performance improvements.

However, lack of awareness regarding the availability of these products and resistance towards change owing to lower profit margins is predicted to behave as restraining factor in the phytogenic feed additives market growth. Moreover, herbs and spices exhibiting antimicrobial properties may pose similar side-effect risks to the producers as well as meat consumers.

The report titled “Global Phytogenic Feed Additives Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Phytogenic Feed Additives market in terms of market segmentation by packaging, by application and by regions.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global Phytogenic Feed Additives market which includes company profiling of Biomin Company, Delacon Biotechnik GmbH, A/B Technologies International, Inc., British Horse Feeds, Miavit GmbH, Tolsa, S.A, Zhengzhou Xinbanghuifa Biotechnology Co., Ltd., Shanghai Yung Zip Pharmaceutical Trading Co., Ltd., Wudi Deda Agriculture Co. Ltd. and Cargill. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Phytogenic Feed Additives market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

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[foodsindustry]

Feed Palatability  Enhancers and Modifiers Market Forecast with Trends, Size, Share, Statistics,  Competition Strategies, Application and Region Analysis

The global feed palatability enhancers and modifiers market is analyzed in great detail in the latest research report from Market Research Future (MRFR), which provides readers with an accurate feed palatability enhancers and modifiers Industry overview of the market’s historical growth patterns and further provides studied forecasts regarding the global feed palatability enhancers and modifiers market’s likely growth trajectory over the forecast period from 2019 to 2024. The major drivers and restraints operating on the global feed palatability enhancers and modifiers market are also analyzed in the report to give readers a clear idea of what is driving and holding back the market, respectively. Key tactics and competitive strategies used major players are also analyzed in the competitive analysis section of the report, which profiles major market players in order to provide readers with a clear picture of the global feed palatability enhancers and modifiers market’s competitive landscape and dynamics.

The feed palatability enhancers and modifiers market is mainly driven by the growth of animal husbandry in recent years. Due to the growing demand for animal products such as milk, meat, and others, the animal feed industry has become ever more refined and multifaceted. This includes the use of several feed additives to improve the quality of the feed and enable an increased yield from the animals. Such additives include medicines, vitamins, and minerals. However, such additives often bring with them a bitter taste, which is rejected by the animals. Feed palatability enhancers and modifiers are thus used to make the fortified feed palatable to the animals. Feed palatability enhancers and modifiers modify the flavor of the feed to make it more palatable to the animals, enabling continued consumption.

The increasing acceptance of modern solutions in the animal feed industry is also a major driver for the feed palatability enhancers and modifiers market. Historically, the animal feed industry has been resistant to technological changes, as animal feed has been seen as a simple matter that doesn’t require any innovations. However, in recent times, the animal feed industry has been open to technological breakthroughs, as the increasing demand for animal products has brought about an increasing demand for animal feed, enabling the accrual of profits and capital in the industry. This is likely to remain a key driver for the global feed palatability enhancers and modifiers market over the forecast period.

Competitive Analysis:

Leading players in the global feed palatability enhancers and modifiers market include Solvay SA, Phytobiotics Futterzusatzstoffe GmbH, Nutriad International NV, Pancosma SA, Prinova Group LLC, Tanke International Group, Ensign-Bickford Industries Inc., Grupo Ferrer Internacional SA, Kerry Group, Kemin Industries, and DowDuPont. Product diversification is likely to be the major tactic for players in the global feed palatability enhancers and modifiers market, as the market is ripe for the introduction of several types of feed enhancers and modifiers for use in various types of animal feeds. The increasing variety in animal feed products is likely to be a major driver for the feed palatability enhancers and modifiers market, as feed palatability enhancers and modifiers are specific to each type of animal feed. Technological innovation to produce new types of enhancers and modifiers is also likely to be a popular tactic for players in the global feed palatability enhancers and modifiers market.

Segmentation:

The global feed palatability enhancers and modifiers market is segmented on the basis of type, livestock, and region.

By type, the global feed palatability enhancers and modifiers market is segmented into flavors and sweeteners, and texturants. The flavors and sweeteners segment is further subsegmented into natural flavors, artificial flavors, natural sweeteners, and artificial sweeteners.

By livestock type, the global feed palatability enhancers and modifiers market is segmented into ruminants, pets, swine, aquaculture, and others.

Regional Analysis:

Asia Pacific is expected to dominate the global feed palatability enhancers and modifiers market over the forecast period due to the growing animal feed industry in the region. The growing demand for animal products such as milk and meat in countries such as India and China is likely to be a major driver for the feed palatability enhancers and modifiers market in Asia Pacific.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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Global Phytogenics Market Research Report 2021 Professional Edition

The global Phytogenics market was valued at 517.73 Million USD in 2020 and will grow with a CAGR of 7.11% from 2020 to 2027, based on Our Researcher newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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By Market Verdors:

Biomin

Delacon Biotechnik

Phytobiotics Futterzusatzstoffe GmbH

ANCOSMA SA

Nor-Feed Sud

Phytosynthese

Phytobiotics

Dostofarm

Kemin

Danisco

Natural Remedies

Igusol

A&A Pharmachem Inc.

Tanke International

Diana

Kent Feeds

Kerry group

Ensign-Bickford Industries Inc.

Ferrer HealthTech

By Types:

Feed Intake and Digestibility

Organic Trace Minerals

Anti- Parasitic

By Applications:

Swine

Ruminants

Poultry

Equine

Aquatics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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To understand the future outlook and prospects for the market.

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Table of content

1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Phytogenics Revenue 1.4 Market Analysis by Type 1.4.1 Global Phytogenics Market Size Growth Rate by Type: 2021 VS 2027 1.4.2 Feed Intake and Digestibility 1.4.3 Organic Trace Minerals 1.4.4 Anti- Parasitic 1.5 Market by Application 1.5.1 Global Phytogenics Market Share by Application: 2022-2027 1.5.2 Swine 1.5.3 Ruminants 1.5.4 Poultry 1.5.5 Equine 1.5.6 Aquatics 1.6 Study Objectives 1.7 Years Considered 1.8 Overview of Global Phytogenics Market 1.8.1 Global Phytogenics Market Status and Outlook (2016-2027) 1.8.2 North America 1.8.3 East Asia 1.8.4 Europe 1.8.5 South Asia 1.8.6 Southeast Asia 1.8.7 Middle East 1.8.8 Africa 1.8.9 Oceania 1.8.10 South America 1.8.11 Rest of the World 2 Market Competition by Manufacturers 2.1 Global Phytogenics Production Capacity Market Share by Manufacturers (2016-2021) 2.2 Global Phytogenics Revenue Market Share by Manufacturers (2016-2021) 2.3 Global Phytogenics Average Price by Manufacturers (2016-2021) 2.4 Manufacturers Phytogenics Production Sites, Area Served, Product Type 3 Sales by Region 3.1 Global Phytogenics Sales Volume Market Share by Region (2016-2021) 3.2 Global Phytogenics Sales Revenue Market Share by Region (2016-2021) 3.3 North America Phytogenics Sales Volume 3.3.1 North America Phy

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Phytogenics Market is estimated to Grow at the Highest Growth Rate till 2025

The research study includes segmental analysis where important type, application, and geographical studied in quite some detail.Market dynamics including drivers, restraints, Phytogenics market challenges, opportunities, influence factors, and trends are especially focused upon to offer a transparent understanding of the worldwide Phytogenics market.It also includes Phytogenics market channel, distributor, and customer analysis, manufacturing analysis , company profiles, marketing research by application, production, revenue, and price analysis by type, production and consumption analysis by countries, and various other market studies. Our researchers have used top-of-the-line primary and secondary research techniques to organize the Phytogenics report.

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Our impartial and unbiased approach toward Phytogenics marketing research is one among the main benefits offered with this research study. While internal analysis holds great importance in marketing research , secondary research helps guide changes during the preparation of a Phytogenics research report. We don’t simply take the word of third parties, we always search for justification and validation before using their data or information in our research study.

Essential vendors involved in this report are:

Biomin, Delacon Biotechnik, Phytobiotics Futterzusatzstoffe GmbH, ANCOSMA SA, Nor-Feed Sud, Phytosynthese, Phytobiotics, Dostofarm, Kemin, Danisco, Natural Remedies, Igusol, A&A Pharmachem Inc., Tanke International, Diana, Kent Feeds, Kerry group, Ensign-Bickford Industries Inc., Ferrer HealthTech

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According to the report, product expense of the Phytogenics market is segmented into:

Herbs and Species

Essential Oils

Oleoresins

Major Applications of Phytogenics covered are::

Swine

Ruminants

Poultry

Equine

Aquatics

Regions Covered from the Worldwide Phytogenics Market:

Middle East and Africa (GCC, South Africa, Israel and Other countries)

North America (the U.S., Canada)

Asia Pacific (India, Japan, China, Australia and New Zealand and other countries)

Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries)

Latin America (Brazil, Mexico, Argentina and other countries)

Key questions answered during this report:

What are the key Features in Phytogenics market?

What will the market growth be in 2024?

What are the key factors driving the market?

Who is the key Vendors in this market space?

What are the growth restraints of this market?

Who are the distributors, traders and of Phytogenics Market?

What are the Phytogenics market opportunities, market risk and market overview?

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Feed Phytobiotics Market is expected to register 8.4% CAGR from 2019 to 2024 and reach USD 1.08 billion by the end of 2024

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[rdagade]

Global Feed Phytogenics Market

Global Feed Phytogenics Market was valued at US$ 628 Mn in 2017 and is expected to reach US$ 1224 Mn by 2026, at a CAGR of 8.7 % during a forecast period.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding feed phytogenic market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in feed phytogenic market.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Growing concerns globally over Antibiotic Growth Promoters (AGPs) in animal nutrition, resulted in efforts to use alternative ingredients that can effectively replace AGPs, phytogenic being one such alternative. Phytogenics are exciting group of feed additives, comprising a wide range of substances that are categorized according to botanical origin, processing, and composition.

Growth of the phytogenic industry is facilitated by the increasing number of countries outside of the European Union restricting or banning the use of AGPs in animal feed in response to growing consumer concerns over their safety. Moreover, growth of the phytogenic industry, which currently stands at US$ 628 Mn globally, is aided by a growing demographic of consumers who favor the use of natural, organic and feed additives. Nevertheless, less standardization in the industry and the availability of phytogenic via more traditional routes of supply hinder the growth of the industry. Hence, individual manufacturers offer their own variety of processed herbals as phytogenic feed additives. This restraint is likely to have a high impact over the course of the forecast period.

Based on type, essential oils segment accounted for the largest market share of the global feed phytogenic market in 2017 and is likely to be dominant throughout the forecast period. The wide use of essential oils as feed phytogenic in animal feed is growing continuously as it substitutes antibiotic growth promoters, which are banned as feed additives.

Based on Livestock, The Poultry segment holds the highest market share of the global feed phytogenic market in 2017. Feed phytogenic Industry size from poultry may witness growth of about 3.6 % over the forecasted period. There is rise in growth in organic and safe poultry meat demand which has led to an increase in broiler producers seeking high density diets to feed their stocks and seek highest possible profitability.

In terms of function, palatability enhancers segment is anticipated to be the fastest-growing segment in the feed phytogenic market in 2017. The use of phytogenic as palatability enhancers segment with the growing need to increase the productivity of animals due to the increasing demand for animal-based products. These products increase the demand for feed intake in the animals, particularly in the younger animals, thereby promoting the growth of the animals.

Geographically, APAC dominated the feed phytogenic market in 2017. The region is growing in livestock production for meat consumption coupled with increasing per capita disposable revenue. Growing awareness between consumers regarding feed additive benefits among livestock farmers coupled with recent outbreak of diseases may promote regional growth during the forecast period. Europe and North America will continue to be the largest markets followed by APAC for feed phytogenic, collectively estimated to account for nearly three-fifth revenue share of the market by 2026.

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The Scope of Global Feed Phytogenics Market:

Global Feed Phytogenics Market, by Type:

• Essential Oils • Herbs & Spices • Oleoresins Global Feed Phytogenics Market, by Livestock:

• Swine • Ruminants • Aquatic Animals • Poultry Global Feed Phytogenics Market, by Function:

• Performance Enhancers • Palatability Enhancers Global Feed Phytogenics Market, by Region:

• North America • Europe • Middle East & Africa • Asia Pacific • South America Key Players Operating in Global Feed Phytogenics Market:

• Delacon • Biomin • Cargill • DuPont • Adisseo • Dostofarm • Phytobiotics Futterzusatzstoffe GmbH • Pancosma • A&A Pharmachem Inc. • Kemin Industries

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