A global analysis published by Frost & Sullivan, titled Animal Feed Phytogenics Market, Forecast to 2021 predicts that the global animal-feed phytogenics market will reach $776.9 million by 2021, with a CAGR of 17.2% between 2016 and 2021. The analysis notes that traditional knowledge of the efficacy of herbs in animal husbandry, new technologies driving growth in the production of compound feed, bans on antibiotic growth promoters (AGPs) in Europe, and the natural products trend are key factors driving double-digit growth in the animal-feed phytogenics market. The North American market is anticipated to grow at 16.5%, says the report, which also identifies key trends opening market opportunities.
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