-- Increase in demand for naturally produced feed additives, emphasis on improving poultry health, and check on the use of antibiotics are the factors driving the market growth. However, low profit margin may hinder the market growth.
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Phytogenic feed additives usually consist of herbal plants and are made of a broad range of substances. They have potential antimicrobial properties other than providing anti-oxidative effects. These animal feed additives also aid in improving growth by enhancing palatability as well as improving gut functioning for increased food consumption.
By Livestock, the Poultry segment is likely to have a huge demand during the forecast period due to increase the demand for superior quality feed because of the rapid growth in poultry meat production.
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Based on geography, Europe is going to have a lucrative growth during the forecast period owing to the factors such as the prohibition of the use of antibiotics in animal feed and strict regulations imposed by the European Commission on synthetic feed additives.
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Forms Covered:
• Dry
• Liquid
Types Covered:
• Flavonoids
• Essential Oils
• Echinacea
• Oleoresins
• Saponins
• Other Types
Functions Covered:
• Antimicrobial Properties
• Palatability Enhancers
• Performance Enhancers
• Other Functions
Sources Covered:
• Fruits & Vegetables
• Herbs & Spices
• Flowers
Packaging Types Covered:
• Rigid Packaging
• Flexible Packaging
• Other Packaging Types
Livestock Covered:
• Equine
• Pets
• Poultry
• Aquatic Animals
• Swine
• Ruminants
• Other Livestock
Distribution Channels Covered:
• Mass Retailers
• Internet Retailing
• Direct Selling
• Other Distribution Channels
End Users Covered:
• Poultry Shops
• Poultry Owners
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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