Feed Phytogenics Market was Valued at US$ 620 Mn in 2018Posted by venkatakiran on November 5th, 2019 Global Feed Phytogenics Market was Valued at US$ 620 Mn in 2018, Increased Demand for Livestock Products Analyst Speak:
“The Global Feed Phytogenics Market was valued around US$ 620 Mn by 2018 and growing at a significant CAGR of 9.2% over next seven years 2019-2025 due to increased demand for livestock products” The global feed phytogenics market accounted for US$ 620 Mn in 2018 and burgeoning over the forthcoming years. Increased demand for livestock products, ban on antibiotics as growth promoters, advancements in the feed industry, rising per-capita meat consumption along with growing middle-class disposable income and high cost of natural feed additives increasing protein intake among health-conscious consumers are some key factors influencing the market growth. However, factors such as high cost of natural feed additives and low awareness about the usage of phytogenics in the feed industry are the major factors hindering the market growth. Global feed phytogenics market segmented on the basis of type, livestock, function and region. For More Information: https://www.precisionbusinessinsights.com/market-reports/global-feed-phytogenics-market/ About: Precision Business Insights is one of the leading market research and management consulting firm, run by a group of seasoned and highly dynamic market research professionals with a strong zeal to offer high-quality insights. Like it? Share it! More by this author |