Market Research Future (Food and Beverages) Feed Phytobiotics Market Research Report- Forecast | Page 4

Feed Phytobiotics Market Research Report- Forecast till 2023
3 Sample Pages
Feed phytobiotics market is segmented by source such as plant extracts, spices, herbs, and others. Among all, feed
prepared from plant extract is dominating the market followed by spices. Essential oils extracted from the plants are
identified to have good anti-microbial properties, which is commonly used in poultry and livestock feed application.
Moreover, spices segment is growing rapidly owing to anti-inflammatory properties, which is used in livestock feed.
On the basis of function, the feed phytobiotics are segmented into anti-microbial, anti-oxidants, anti-inflammatory,
anti-viral, and others. The use of feed phytobiotics as an anti-microbial agent in feed is dominating this market.
However, its application for anti-inflammatory properties is witnessing high growth over the forecast period.
Based on the applications, the feed phytobiotics are segmented into poultry, ruminants, swine, and others.
Among all, poultry is dominating the market based on increased consumption of poultry and meat products globally.
However, ruminants segment is projected to witness steady growth over the forecast period owing to growth in the
poultry industry.
Regional Analysis:
Global Feed Phytobiotics Market is segmented into North America, Europe, Asia Pacific, and rest of the world
(RoW). Asia Pacific is dominating the feed phytobiotics market followed by North America. In Asia Pacific, China is
the major contributor of poultry products, which, in turn, boost the market growth in this region. Furthermore,
increasing consumption of livestock and rapidly growing population in developing countries of Asia Pacific is
pushing the growth of the feed phytobiotics market.
In North America, the U.S. is dominating in the feed phytobiotics market owing to government regulations imposed
on the use of antibiotics and allopathic medicines in livestock.
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