Report ID: SQMIG30H2119
Report ID:
SQMIG30H2119 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
66 |
Figures:
75
Feed Phytogenic Market size was valued at USD 0.92 Billion in 2023 and is poised to grow from USD 0.99 Billion in 2024 to USD 1.73 Billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).
The global feed phytogenic market is witnessing substantial growth due to increasing demand for natural feed additives and a shift towards sustainable animal farming practices.
Phytogenics, derived from plants, offer various benefits such as improved digestion, enhanced feed efficiency, and reduced reliance on antibiotics.
Rising consumer awareness about food safety and quality, coupled with stringent regulations on antibiotic use in animal feed, are driving the adoption of phytogenics.
As the livestock industry focuses on healthier and more environmentally friendly production methods, the feed phytogenic market is poised for continued expansion, providing a natural and effective solution for optimizing animal nutrition and performance.
US Feed Phytogenic Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30H2119