Global Phytogenic Feed Additives Market to Surpass US$1.8 Billion by 2032, Driven by Antibiotic-Free Animal Nutrition and Essential Oils Adoption
Industry Experts, Inc. has unveiled the new market research report " Global Phytogenic Feed Additives Market - Types, Functions, Livestock and Forms ." The study estimates that the worldwide market for phytogenic feed additives will increase from US$1.1 billion in 2025 to US$1.8 billion by 2032, advancing at a CAGR of 7% during 2025-2032. Market expansion is fueled by rising consumer demand for antibiotic-free meat and dairy, stringent regulations banning antibiotic growth promoters, and technological advancements in extraction and encapsulation that enhance the efficacy of natural plant-based compounds. The report notes that Asia-Pacific is both the largest and fastest-growing regional market, accounting for 36.8% of global revenues in 2025 and registering a CAGR of over 8% through 2032. Growth is underpinned by rapid expansion of poultry and aquaculture sectors, rising per capita meat consumption, and government-led sustainable agriculture initiatives. Europe...