Global Phytogenic Feed Additives Market to grow at a whopping rate of CAGR more than 8.18%

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The global Phytogenic Feed Additives market size was valued at $699.5 Million in 2020 and is expected to reach $1,321.3 Million by 2028 growing at the CAGR of 8.18% from 2021 to 2028. One of the ways to stop weight gain is by using phytogenic feed additives. This gives a person a sense of fullness and for this reason, they eat less. This is one of the major drivers for the growth of the Global Phytogenic Feed Additives Market. Another driver for the growth of the Global Phytogenic Feed Additives Market is the increasing availability of food additives in regions where there is a demand for them.

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Impact Of COVID-19 on the Phytogenic Feed Additives Market:

  • Impact on Market Size
  • End-User Trend, Preferences, and Budget Impact
  • Regulatory Framework/Government Policies
  • Key Players Strategy to Tackle Negative Impact
  • Opportunity Window

Global Phytogenic Feed Additives Market Segments:

The global Phytogenic Feed Additives Market is further segmented into Function, Source, Type, Livestock

By Function: Performance Enhancers, Antimicrobial Properties, Palatability Enhancers, Others

By Source: Herbs & Spices, Flowers, Fruits & Vegetables, Others

By Type: Essential Oils, Flavonoids, Saponins, Oleoresins, Mucilage, Tannins, Bitter Substances, Pungent Substances, Others

By Livestock: Poultry, Swine, Ruminants, Aquatic Animals, Others

Key Region/ Countries Covered

  • North America (US, Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa and South America)

North America Phytogenic Feed Additives market is growing at a higher CAGR due to the presence of the most prominent market players based in this region.

Key Players of Global Phytogenic Feed Additives Market:

  • Cargill
  • Delacon Biotechnik
  • Biomin Holding
  • Dupont
  • Kemin Industries
  • Himalaya Wellness
  • Ayurvet Limited
  • Silvateam
  • Dostofarm
  • Synthite Industries Ltd

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Key Questioned Answered Through The Report:

  • The Impact of COVID-19 on the global market
  • What are the potential opportunities for new entrants in the global market
  • What is the market Size and Forecast from 2020 to 2028?
  • Key Players associated with the global Phytogenic Feed Additives Market
  • Value Chain Analysis of Global Phytogenic Feed Additives Market
  • What is the CAGR of the global Phytogenic Feed Additives Market from 2021 to 2028
  • Major Growth Factor, Challenges, Trends, and Opportunities in the global market
  • Key outcomes of SWOT Analysis

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