Phytogenic Feed Additive Market Overview: The Phytogenic Feed Additive Market estimated at USD 932.28 Million in the year 2023, is projected to reach a revised size of USD 1894.92 Million by 2032, growing at a CAGR of 8.20% over the analysis period 2024-2032
Phytogenic Feed Additive Market Methodology:
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Phytogenic Feed Additive Market Dynamics:
Phytogenic feed additives have proven good benefits on animals by exhibiting antimicrobial capabilities, lowering the usage of contemporary antibiotics and, as a result, the cost of their acquisition. Essential oils are sensitive compounds that lose potency and effectiveness when exposed to high temperatures, substantial odors, volatiles, and oxidative characteristics. Encapsulated technology contributes to the preservation of essential oils by enhancing their shelf life and preserving them from environmental changes. The growing demand for nutritious and healthy food from cattle has increased the use of phytogenic feed additives.
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Phytogenic Feed Additive Market Segmentation:
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
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Phytogenic Feed Additive Market Key Players:
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 Additive Market Regional Analysis:
Europe's severe limitations on the use of synthetic feed additives are accelerating the region's growth in the phytogenic feed additive sector. Europe is likely to enhance demand for phytogenic feed additives and have a favorable impact on industry growth over the forecast period due to increased applications of phytogenic feed additives in enhancing gut functioning to provide high-quality goods to the meat-eating populace.
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Company Profiles and Competitive Analysis:
COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Cosmeceuticals Market Share By Manufacturer (2022)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers Acquisitions
- ARIEL CORPORATION
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
Related Reports:
Food Packaging Market https://introspectivemarketresearch.com/reports/food-packaging-market/
Meat Slicers Market https://introspectivemarketresearch.com/reports/meat-slicers-market/
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