+1-888-308-5802     
News Contact Us

Feed Phytogenics Market to gain considerable momentum by 2024

Author : Rahul Sankrityayan | Published Date : 2019-04-17 

Global Market Insights, Inc. has added a new report on Feed Phytogenics market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

 The swift rise in the commercialization prospects of feed phytogenics market can undoubtedly be attributed to the growing prevalence of diseases in livestock, stringent healthcare regulations on the utilization of antibiotics in animal feed, and escalation in the consumption of meat across the globe. In addition to this, increasing consumer awareness pertaining to the resistance development issues caused by the consumption of antibiotic growth promoters in animals has led to extensive demand for feed additives, thus accelerating the feed phytogenics industry expansion.

Elaborating further on the benefits of phytogenics feed additives, these products are known to enhance the health and performance of livestock including aquatic, swine, poultry, and cattle, which are essentially used for meat consumption. Moreover, phytogenics feed additives possess a wide range of properties along the likes of anti-microbial, antioxidative, anti-inflammatory, and digestion-enhancement, which has a positive impact on the health of the livestock.

Get Sample Copy of this Report @ www.gminsights.com/request-sample/detail/120

The increased demand for phytogenics feed additives from nutritionists, veterinarians, growers, consultants, and business owners in the farming sector is slated to favor the growth prospects of feed phytogenics industry. As these products are obtained from natural bioactive compounds found in plant-based species such as fennel, thyme, garlic, oregano, rosemary, black seed, and clove, the demand from commercial agriculture settings is set to increase drastically in the near future.

In the past few years, China has been a prominent player in the global beef and meat sector in terms of production, trade, and consumption. According to trusted estimates, China is the largest beef producer in Asia and the third biggest in the world. In this regard, it would be prudent to mention that the beef sector has been one of the fastest growing industries in the Chinese livestock space and a significant contributor to the economic progress of the country.

Owing to the steady domestic prices and a rapid surge in meat production, China has witnessed massive investment in the cattle farming industry in the recent past – a factor that has impelled the growth prospects of China feed phytogenics market. Moreover, the governmental efforts to reform trade policies and resolve the issue of trade barriers would further benefit the feed phytogenics manufacturers. In fact, as per a research study compiled by Global Market Insights, Inc., China feed phytogenics industry size is slated to surpass USD 50 million by 2024.

Speaking in the similar context, India is gradually evolving as one of the major growth avenues for the participants of the feed phytogenics industry. The ever-increasing demand for feed additives by fish producers and the beef industry of the nation is on the rise lately. Especially, the massive uptick in beef exports by India have proved to be quite beneficial for the feed phytogenics industry.

Inquiry of this Report @ www.gminsights.com/inquiry-before-buying/120

As per the Agricultural Outlook 2017-2026 report published by the Food and Agriculture Organization (FAO) and the Organization for Economic Cooperation (OECD), India is the third-biggest exporter of beef in the world and is estimated to hold on to that spot over the upcoming decade. In addition to this, rising preference for natural growth promoters for the production of different livestock species would further proliferate the India feed phytogenics market size in the years ahead.

With the well-known feed phytogenics industry participants such as Igusol, Biolandes, Delacon Biotechnik, Doterra, and DuPont Danisco making concerted efforts to develop cost-effective phytogenics, the feed phytogenics market outlook appears highly-promising. Additionally, the escalating uptake of phytogenics feed additives by the livestock sector would further assist in impelling the revenue portfolio of feed phytogenics industry, which is slated to exceed USD 790 million by the end of 2024.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Global oolong tea polyphenols industry is projected to exceed USD 60 million by 2024

Published Date: 2019-06-25         Author: Rahul Sankrityayan

Tea Polyphenols Market is set to exceed USD 340 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing consumption rates along with rising health awareness for nutraceutical food & beverages will propel tea polyphenols demand. This growing demand can be as... Read More

China red clover isoflavones from cosmetic applications may register gains at over 12.5% by 2025

Published Date: 2019-06-25         Author: Rahul Sankrityayan

Isoflavones Market is set to surpass USD 30 billion by 2025; according to a new research report by Global Market Insights, Inc. Increasing health consciousness along with obesity problems leading to various diseases such as heart stroke, cancer, diabetes, high blood pressure, breathing problems and ... Read More

Food Supplement Ingredients Market to register phenomenal growth rate over 2018-2024

Published Date: 2019-06-25         Author: Rahul Sankrityayan

Food Supplement Ingredient Market is set to surpass USD 2 Billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing obesity rates among children and adults owing to change in lifestyle patterns and consumption of food products may drive the food supplement ingred... Read More

© 2019 Fractovia. All Rights Reserved