Chicago, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The global phytogenic feed additives market is estimated to be valued at USD 864 million in 2022. It is projected to reach USD 1,223 million by 2027, with a CAGR of 7.2%, in terms of value between 2022 and 2027. The reasons that are driving the growth of the Phytogenic feed additives market are increasing demand of natural additives for enhancing the livestock performance. Phytogenic feed products enhances the nutritional profile of the feed products and also enhance their palatability due to which they are in significant demand across the feed industry. Key Market Players Cargill (US) ADM (US) DuPont (US) DSM N.V. (Netherlands) Land O' Lakes (US) Adisseo (France) Nutreco (Netherlands) Kemin Industries (US) Natural Remedies (India) Nor Feed (France) Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162036047 By livestock, swine segment accounts for the second-largest market share in the phytogenic feed additives market Based on livestock, swine accounts for the second-largest segment in the phytogenic feed additives market. The consumption of swine meat or pork has increased significantly in recent years which has contributed to the growth and application of feed phytogenic products in swine. Phytogenic feed intakes are used in swine for a variety of reasons such as increasing their feed intake, improving their gut function and increasing their resistance to various diseases which have contributed significantly to their market growth in recent years. By source, the fruits & vegetables segment account for significant market share in the phytogenic feed additives market By ...