Current Business Affairs Global Phytogenic Feed Additives Market 2018

Global Phytogenic Feed Additives Market Trends, Analysis, and Forecast
To 2025
Market Definition:
Phytogenic feed additives are defined as plant-derived products that are utilized in feed in order to help improve poultry
performance. Apart from possessing antimicrobial activity, phytogenic feed additives offers improved gut functions,
anti-oxidative effects, enhancement of palatability, and promotion of growth in poultry. Phytogenic feed additives
consists of herbs and plants derivatives. The rising awareness about health concerns render phytogenic feed additives a
practical choice for each and every individual engaged in poultry business. In a variety of ways, phytogenic feed additives
prove to be beneficial as compared to antibiotics that are infused in poultry for improvement of their health and
productivity of poultry.
Major Key Players:
The major companies that provide feed additives include Delacon Biotechnik GmbH, A/B Technologies International,
Inc.,British Horse Feeds, Miavit GmbH, Tolsa, S.A, among others.
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Market Segmentation:
The global phytogenic feed additives market is expected to garner maximum revenue in the forecast period. Factors
such as altering consumers opinion towards the poultry quality products is expected to fuel this market growth. There is
an increased awareness among consumers about quality of poultry food products that are beneficial for their health.
Therefore, in order to retain their customer base and to make profits, various poultry farms are adopting phytogenic
feed additives which possesses the potential for improving poultry health.
Market Analysis with Latest Growth Factors:
The global phytogenic feed additives market can be classified based on product, function, livestock and region. On the
basis of product, the global market is classified into essential oils, herbs & spices, oleoresins, and others. Depending
upon function, it is segmented into palatability enhancers, performance enhancers, and others. As per livestock, the
global feed additives market is divided into aquatics, poultry, swine, ruminants, equine, and others.
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Feed-Additives-Market