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Phytogenics Market Forecast To 2022 - Scalar Market Research
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hytogenics are derived from plants, herbs, spices and are used as feed additives. Poultry and the essential oils are the two largest segments. Europe and North America are the two biggest growing regions of phytogenics market. However, rising rich and middle-class population of the Asia-Pacific and rapidly changing food habits of these people meant that this market is supposed to have a huge potential for the growth in the near future. Nowadays there's growing reliability on natural growth promoters (NGPs) and reduction of antibiotics in the NGPs which is fueling the demand for phytogenics market.
The report on the global Phytogenics market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
KEY PREMIUM INDUSTRY INSIGHTS:
The rise in the cost of natural feeds will boost the global phytogenics market. The key reasons driving the growth of the phytogenics market includes the growing meat consumption, increasing disposable incomes, robust economies, growing advancements in animal nutrition.
Continuous expansion of this market in the Asia-Pacific and South American regions is one of the key growth opportunity drivers for this market.
However, the growth of the phytogenics market may be hindered due to the stringent government regulations.
RESEARCH METHODOLOGY:
The research methodology for Scalar Market Research’s phytogenics market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
Browse Report: https://www.scalarmarketresearch.com/market-reports/phytogenics-market
Related Reports:
Food Additives Market, by Type (Hydrocolloids, Emulsifiers, Acidulants, Flavors, Colors, Others), Application (Beverages Industry, Bakery & Confectionery Industry, Others) - Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022
https://www.scalarmarketresearch.com/market-reports/food-additives-market
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