Feed Phytogenics market demand is predicted to exceed 75 kilo tons by 2024, at a 3% CAGR over the period of 2018-2024 due to growing consumer preference towards natural growth promoters coupled with increasing meat consumption rates.

Pune, Maharashtra -- (SBWire) -- 01/16/2019 --"Feed Phytogenics Market Analysis based on Livestock, Product, Regional Trends, Growth Trends, Competitive Landscape & Forecast 2018 to 2024", according to a new report by Graphical Research.

Global meat production accounted for approximately 310 million tons in 2014, and is estimated to grow annually by 2%, which will positively impact Phytogenics industry size. Moreover, escalating consumer demands for eradicating the use of antibiotics from meat is further boosting Phytogenics market revenue. Rising concerns regarding human & animal health and the environment are promoting phytogenic feed additives demand widely.

Request for a sample of this research report @ https://www.graphicalresearch.com/request/1086/sample

The government initiatives towards eliminating the use of antibiotics in meat products and encouraging natural growth promoters is also favoring the industry growth. For instance, the EU has banned the antibiotics use in animal products since 2006. Also, US FDA has declared to stop its usage by 31stDecember, 2016. In addition, private companies dealing with meat production are also supporting the use of NGPs over antibiotics. McDonalds and Tyson Foods in US have declared to stop antibiotics usage in their meat products.

However, complex nature of these compounds and their unpleasant taste and odor may inhibit the market size over the forecast timeframe.

Asia Pacific is expected to dominate the global feed Phytogenics market over the forecast period. The growth can be attributed to the high meat consumption rate, increasing purchasing power of the consumers, and the growth of new frozen meat outlets across the region. India and China will contribute majorly towards the regional growth. Europe market will experience moderate gains over the coming years, mainly driven by favorable government regulations and growing health awareness across this region.

Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1086/inquiry-before-buying

Asia Pacific is expected to dominate the global feed Phytogenics market over the forecast period. The growth can be attributed to the high meat consumption rate, increasing purchasing power of the consumers, and the growth of new frozen meat outlets across the region. India and China will contribute majorly towards the regional growth. Europe market will experience moderate gains over the coming years, mainly driven by favorable government regulations and growing health awareness across this region.

US market will witness a noticeable surge over the coming years, owing to the growing demand in poultry applications, which accounted for over USD 65 million in 2017.

Key industry participants are Bioamin, Nor-Feed Sud, Biotechnik, Delacon, Nutricare Lifesciences, Pancosma SA, Silvestris, and TrueVet.

Browse key industry insights from this 2018 report @
https://www.graphicalresearch.com/industry-insights/1086/feed-phytogenics-market

Partial Table of Content:

Chapter 1 Research Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast
1.1.3 Industry insights and validation
1.2 List of Data Sources

Chapter 2 Executive Summary
2.1 Feed phytogenics market snapshot, 2013 - 2024

Chapter 3 Feed Phytogenics Industry Insights
3.1 Market segmentation
3.2 Market Size and growth prospects
3.3 Global feed phytogenics value chain analysis
3.4 Regulatory/Legislative Framework
3.4.1 U.S.
3.4.2 European Union (EU)
3.4.3 Latin America
3.4.4 India
3.4.5 Japan
3.4.6 China
3.5 Innovation & sustainability
3.6 Feed phytogenics market dynamics
3.6.1 Growth drivers
3.6.1.1 Increasing meat consumption
3.6.1.2 Increasing natural feed additives demand
3.6.2 Industry challenges & pitfalls
3.6.2.1 Lack of systematic evaluations as feed additive
3.7 Growth potential analysis, 2017
3.8 Porter's analysis
3.9 PESTEL analysis

Browse Related Reports:

1. APAC Food Additives Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 – 2024

https://www.graphicalresearch.com/industry-insights/1086/feed-phytogenics-market

2. Phytosterols Market Size By Product, By Application, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024

https://www.graphicalresearch.com/industry-insights/1093/phytosterols-market

About Graphical Research
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.