(EMAILWIRE.COM, January 04, 2017 ) According to the report “Global Feed Phytogenics Market", published by Market Data Forecast, the global market is projected to reach USD $0.69 billion by 2021, at a CAGR of 6.35% from 2016 to 2021.

Progress in the animal feed industry has resulted in the feed phytogenics market growing at a substantial rate.

Phytogenics are a set of natural growth promoters (NGPs) utilized as feed additives, obtained from herbs, spices or other plants. They are generally viewed as favourable substitutes to antibiotic growth promoters (AGPs) in livestock production. Essential oils signify a concentrated form of phytogenics, comprising of mainly the active ingredients of the plants.

Free sample of the report is available at “http://www.marketdataforecast.com/market-reports/global-feed-phytogenics-market-1256/request-sample”

The growth of the global Feed Phytogenics market is majorly driven by factors such as high demand for nutritive feed and sustainable animal nutrition products, environmental concerns over animal waste pollution, rising intake of meat, and management of feed operating cost. However, lack of efficiency of these compounds due to their intricate nature combined with the unlikeable taste or odour of particular substances may hinder demand and affect the market price movement. Particular compounds such as essential oils are unstable in nature which can cause quick evaporation and causing disparity in final concentration of feed products.

Scope:

• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development


Enquire more about the report at “http://www.marketdataforecast.com/market-reports/global-feed-phytogenics-market-1256/inquire”

The major companies dominating the global Feed Phytogenics market are Cargill Inc., DuPont, Biomin, Pancosma SA, and Delacon Biotechnik.

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