Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Feed Phytogenics are usually the products produced from the plants. The feed phytogenics includes different products like essential oils, herbs & spices, oleoresins which are mostly used for providing the livestock a healthy diet and improve their digestive tract to increase the production of quality products, livestock. In the country the market is expected to have emerging demand during the estimated time period as the country increasing consumption of meat and other animal based products. The market in the United States is expected to witness the growth at specific growth rate during the estimated time period.
The United States feed phytogenics market is driven by growing awareness of animal health and concern for livestock to prevent them from different diseases has fuelled the demand for market. Besides, growing demand for animal-based products like meat, dairy, egg and other products has boosted the requirement for livestock with the quality products has led the emerging demand for United States feed phytogenics market. Similarly, increasing demand for natural ingredients in the feed industry in country is the key factor accelerating the growth of the market.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the United States feed phytogenics market. In addition, complete analysis of changes on feed phytogenics market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 has specifically affected the production demand, supply and distribution of products in the initial days of pandemic however demand for feed phytogenics to prevent diseases in livestock has provided positive growth rate for market.
The feed phytogenics market comprises of different market segment like product, livestock, function, application.
The feed phytogenics is available in market according different products including essential oils, herbs & spices, and oleoresins. Herbs & Spices is the major products having demand in country’s feed phytogenics market as it provides livestock with number of medicinal properties and nutrition, flavors, which acts as alternative for antibiotics reduction which is propelling the market growth to huge extend. Similarly, essential oils is having demand for reducing the stress of livestock and enhance their productivity on daily bases.
The feed phytogenics market is studied for various livestock including poultry, swine, ruminant, aquatic, equine, others. Poultry livestock is expected to dominate in the United States feed phytogenics market. The country is known as the largest producer in poultry eggs which is expected to create driving demand for United States feed phytogenics market during the estimated time period. Likewise, strong consumer demand for poultry is fuelling the market growth to major extend. Similarly, swine, ruminant among others are likely to witness rapid growth in United States feed phytogenics market.
The feed phytogenics market has its function for performance enhancers, palatability enhancers, and antimicrobial properties. Palatability enhancers is expected to rising growth in the United States feed phytogenics market due to growing concern for animal health and increasing different benefits provided by the market products is fuelling the market growth. The growing production of palatability enhancers according to different livestock is likely to fuel the demand for the segment due the estimated time period. On the other hand, performance enhancers are mostly having requirement for livestock daily activities, productivity to enhance the livestock production capacity with the quality which is expected to drive the market growth.
The feed phytogenics market finds its major application in feed intake and digestibility, flavoring and aroma, others. Feed intake and digestibility is the leading application in the United States feed phytogenics market. The feed intake plays a major role for the development of livestock and thereby feed phytogenics has a key role for feed intake and digestibility. The feed intake and digestibility helps the livestock to take appropriately with proper digestion. It provide the livestock to gain proper nutrients in digestion with the help of feed phytogenics. , flavoring and aroma helps in improving the formulation taste and flexibility maintaining the consistent quality with raw material source or formulation.
The key players in feed phytogenics market are Adisseo, Cargill Incorporated, Delacon Biotechnik GmbH , DOSTOFARM GmbH, Dupont, ERBER Group/DSM, Growell India, Kemin Industries, Inc., Natural Remedies , NOBLE LIFESCIENCE, Nutrex, Nutricare, Phytobiotics Futterzusatzstoffe GmbH, Phytosynthese, Silvateam S.P.A., Synthite Industries Ltd., The Himalaya Drug Company, Vetsfarma Ltd., Vinayak Ingredients India Pvt Ltd, Igusol, Biomin GmbH , Norfeed , HUVEPHARMA EOOD, EW Nutrition GmbH, Devenish Nutritio and Indian Herbs among others.
November 2020: Phytobiotics Brazil expands its product portfolio and announced a new international partnership with BioZyme Inc. The US Company has been in business for more than 50 years and reaches many markets in North and South America, Asia, Europe, Africa and Indian subcontinent.
September 2020: DuPont Animal Nutrition partnered with Proteon Pharmaceuticals in the poultry industry. The partnership will bring the emerging bacteriophage technology to poultry producers which assists in mitigate antimicrobial resistance.
March 2019: Kemin Industries had announced the expansion of its manufacturing facility in India located in SIPCOT industrial estate. It will allow the Kemin Industries to better serve the increasing demand for specialized nutritional ingredients that address the region’s rapidly growing animal protein industry. The production facility for liquid products is also significantly improved in the new facility.
The report analyses the feed phytogenics market based on by product, livestock, function, application. The feed phytogenics is available in market according different products including essential oils, herbs & spices, and oleoresins. Herbs & Spices is the major products having demand in country’s feed phytogenics market. The feed phytogenics market is studied for various livestock including poultry, swine, ruminant, aquatic, equine, others. Poultry livestock is expected to dominate in the United States feed phytogenics market. The feed phytogenics market has its function for performance enhancers, palatability enhancers, and antimicrobial properties. Palatability enhancers is expected to rising growth in the United States feed phytogenics market. The feed phytogenics market finds its major application in feed intake and digestibility, flavoring and aroma, others. Feed intake and digestibility is the leading application in the United States feed phytogenics market
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