Feed Phytogenics Market Worth 962.5 Million USD by 2023

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The essential oils segment accounted for the largest share of the global in 2017. The demand for essential oils has increased due to the ban on antibiotics as growth promoters. These oils can be combined and used in various blends which increases their popularity.

Feed phytogenics have witnessed substantial demand as feed palatability enhancers as they help increase the feed intake in animals. Feed phytogenics, due to the presence of enhanced flavor and aromatic ingredients in them, have an impact on feed palatability.

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The ban on antibiotics growth promoters in regions such as Europe and South Korea has also boosted the demand for feed phytogenics in poultry, as it includes antimicrobial, antiviral, and/or antioxidant properties.

In 2017, the Asia Pacific region led the global market for feed phytogenics. The increase in awareness about food safety and the of meat among consumers and high requirement of feed additives with high conversion rate with no side effects in animals drive the market for natural feed products in the region, thereby boosting the demand for feed phytogenics.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes the profiles of leading companies such as Delacon ( Austria ), Biomin ( Austria ), Cargill (US), DuPont (US), Adisseo ( China ), Dostofarm ( Germany ), Phytobiotics Futterzusatzstoffe GmbH ( Germany ), Pancosma ( Switzerland ), A&A Pharmachem Inc. ( Canada ), and Kemin Industries (US).

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