Global Feed Phytogenic Market

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Date Submitted: 07/08/2016 01:48 AM

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Bharat Book Bureau provides the report; on “Global Feed Phytogenic Market Trends & Forecast”. This report analyzes the markets for feed phytogenics across regions. https://www.bharatbook.com/agriculture-market-research-reports-764378/feed-phytogenics-type-livestock-function-region-global-trends-forecast.html

Bharatbook.com announces a report on “Global Feed Phytogenic Market Trends & Forecast”. The report impact of the palatability depends on the applied dosage of the particular ingredients.

The feed phytogenics market is projected to reach a value of USD 769.5 million by 2021 and is projected to grow at a CAGR of 7.1% from 2016 to 2021. The market drivers include ban of feed antibiotics by Europe, advancement in animal feed, and increasing awareness about animal health and feed quality.

Essential oils is projected to be the largest and fastest-growing segment, by type, from 2016 to 2021

The use of essential oils as feed phytogenics in animal feed is increasing as it substitutes antibiotic growth promoters, which are banned as feed additives in the Europe since 2006. The last two decades have seen a significant increase in the use of essential oils as feed additives in animal nutrition due to its benefits like gut health support, antibiotic reduction, healthy digestion in poultry, and other benefits.

Palatability enhancers, by function, is projected to be the fastest-growing and largest segment from 2016 to 2021

Feed palatability enhancers are gaining a substantial position in feed phytogenics as they are highly influential in the increase of feed intake in animals. Palatability enhancers help in improving feed palatability and enhance the feed intake, thus improving weight gain and growth of animals. The impact of the palatability depends on the applied dosage of the particular ingredients. However, the results are more prominent for the young animals.

Europe is projected to be the fastest-growing segment from 2016 to 2021

The demand for...