Research and Markets: Global Feed Phytogenics Market – Growth, Trends and Forecasts (2015 – 2020)
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/xcjq7n/global_feed) has announced the addition of the “Global Feed Phytogenics Market – Growth, Trends and Forecasts (2015 2020)” report to their offering.
The global feed phytogenic market was worth around $550 million in 2014 and is expected to cross $675 million by 2020 growing at the CAGR of 3.5% during the forecast period 2015-2020.
The demand for meat has stimulated due to the incessant rise in population, lifestyle changes and cultural trends. The increasing meat demand has led to increased utilization of compound feeds and feed additives. The growth in organic meat sector has witnessed tremendous growth in the last five years.
This growth has created tremendous opportunity and demand for alternative feed additives such as phytogenics. Implementation of new technologies, such as encapsulation of active ingredients, is considered to further improve the efficacy of phytogenic feed additives. These factors along with rising health awareness in the region have led to surge in demand for phytogenic feed additives.
Chemical feed additives with combinations lead to antagonistic reactions; this appears to be strongly driven by the ban on most of the antibiotic feed additives in Europe. This situation has generated an opportunity for phytogenic feed additives company. Focus to enhance feed utilization and to improve the digestive health in the animals is another factor for growth in feed phytogenics market.
Europe is forecasted fastest growing market followed by North America. The determined push from EU for alternatives to antibiotics has led to increased consumption of Phytogenics in Europe. The market for phytogenic feed additives is expected to grow gradually as more number of compound feed manufacturers are moving towards value addition of the products offered to stay ahead of competition.
Key Topics Covered:
2. Key Findings of the Study
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
- Delacon Biotechnik
- PANCOSMA SA
- Nor-Feed Sud
- Natural Remedies
- A&A Pharmachem Inc.
- Tanke International
- Kent Feeds
- Kerry group
- Ensign-Bickford Industries Inc.
- Ferrer HealthTech
For more information visit http://www.researchandmarkets.com/research/xcjq7n/global_feed
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