PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1276944
PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1276944
The Middle East and Africa phytogenic feed additives market is expected to reach USD 102.30 million by 2030 from USD 54.11 million in 2022, growing at a CAGR of 8.4% during the forecast period of 2023 to 2030.
Market Segmentation
Middle East and Africa Phytogenic Feed Additives Market, By Type (Essential Oils, Flavonoids, Saponins, Oleoresins, Tannins, and Others), Type of Animal Feed (Poultry Feed, Ruminants Feed, Aqua Feed, Swine Feed, and Others), Sources (Herbs and Spices), Form (Dry and Liquid), Function (Performance Enhancers, Antimicrobial Properties, Palatability Enhancers, Digestion Enhancers, and Others), Country (Saudi Arabia, U.A.E, Oman, Kuwait, Qatar, South Africa, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Middle East and Africa Phytogenic Feed Additives Market Dynamics
Driver
Stringent regulations on antibiotic feed additives
Restraint
Price fluctuation leads to lower profit margins in the animal nutrition sector
Opportunity
The growth of organic aquaculture leads to the increased involvement of organic feed additives
Market Players
Cargill Incorporated.
DSM
Kemin Industries, Inc.
ADM
Nutreco
Natural Remedies.
Himalaya Wellness Company
Vinayak Ingredients. India
Silvateam S.p.a.
Phytobiotics Futterzusatzstoffe GmbH
Tegasa
MIAVIT GMBH
Indian Herbs
Customer DOSTOFARM GmbH
British Horse Feeds
Orffa
Igusol
Glamac International Private Limited.
Nor-Feed