FEED PHYTOGEINC MARKET cover

Feed Phytogenic Market by Ingredients (Essential Oils, Herbs & Spices, and Others), Animal Types (Poultry, Ruminant, Swine, and Others), and Applications (Feed Intake & Digestibility, Flavoring & Aroma, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-3366
  • Author: Growth Market Reports
  • Rating: 4.5
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  • No. Of Pages: 190
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The global feed phytogenic market size is estimated to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing restriction over the use of antibiotic as a growth promoter.

FEED PHYTOGEINC MARKET summary

Phytogenic are a group of non-antibiotic growth promoters or natural growth promoters used as feed components, derived from herbs, spices, or other plant life. Essential oils denote a focused form of phytogenic, containing energetic substances of the plant life. The spectrum of phytogenic feed components is substantial and does not only consist of vital oils; however, it also consists of different energetic component groups, including stinky substances, sour materials, saponins, flavonoids, mucilage, and tannins. Phytogenic feed additives, known as PFAs or botanicals, are elements of plant source delivered to animal diets at suggested stages with the aim of enhancing animal vitamins and growth.

The capability of phytogenic feed additives to endorse growth in young piglets and poultry is under preliminary research. Aside from having antimicrobial movement, these products probably provide anti oxidative results, improve palatability, and develop gut capabilities. However, there's constrained studies validating their potential benefits.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising concern regarding animal health as well as increase in the production of animal feed is estimated to drive the market growth.
  • The antibiotic-free nature and other health-induced benefits of phytogenic in animals is driving the expansion of the feed phytogenic market.
  • Encapsulated technology enhances the proficiency of phytogenic feed additives, thus such awareness is speculated to contribute to the growth of the market.
  • High cost of active ingredients used in phytogenic feed additives can hinder the market growth.
  • Counterfeit products in developing economies can create challenges for the market growth.
  • The increased preference for natural solutions for pet food nutrition is anticipated to create lucrative opportunities in the projected timeline.

Scope of the Report

The report on the global feed phytogenic market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Feed Phytogenic Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Ingredients (Essential Oils, Herbs & Spices, and Others), Animal Types (Poultry, Ruminant, Swine, and Others), and Applications (Feed Intake & Digestibility, Flavoring & Aroma, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cargill, Incorporated; Bluestar Adisseo; Delacon Biotechnik GmbH; DuPont; and Biomin GmbH

Feed Phytogenic Market Segment Insights

Herbs & spices segment is anticipated to constitute a key market share

Based on ingredients, the global feed phytogenic market is classified as essential oils, herbs & spices, and others. The herbs & spices segment is expected to constitute a key share of the market during the projected period. Herbs & spices have been favored massive attention within the feed industry in recent years due to their medicinal properties, flavors, and the ban on the use of positive antibiotics. They also are gaining significance as they do no longer have a poor effect on animals, in terms of long-term consumption. Herbs & spices promote nutritious digestion of the animal, exhibit anti-inflammatory properties, and act as antimicrobials, antioxidants, and immunostimulants when introduced as phytogenic feed components in animal nutrition.

Swine segment to hold a significant market share

On the basis of types, the market is segregated into poultry, ruminant, swine, and others. The swine segment is projected to expand at a considerable CAGR during the forecast period. Pork is one of the most consumed meat types across the world. Rising beef alternative and issues over meat safety have increased the demand for phytogenic feed components.

FEED PHYTOGEINC MARKET type

Flavoring and aroma segment is expected to grow at a rapid pace

In terms of applications, the global feed phytogenic market is divided into feed intake & digestibility, flavoring and aroma, and others. The flavoring and aroma segment is estimated to grow at a rapid pace in the coming years. Essential oils are aromatic oily liquids, which are received from plant substances, which include flowers, leaves, fruits, and roots.

Asia Pacific is anticipated to constitute a major market share

Based on regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market in the coming years. The replacement approach for the absence of dangerous residues and antibiotic growth promoters in plant-based totally components is spurring the market growth in the region.

FEED PHYTOGEINC MARKET region

Segments

Segments Covered in the Report

The global feed phytogenic market has been segmented on the basis of:

Ingredients

  • Essential Oils
  • Herbs & Spices
  • Others

Animal Types

  • Poultry
  • Ruminant
  • Swine
  • Others

Applications

  • Feed Intake & Digestibility
  • Flavoring & Aroma
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Cargill, Incorporated
  • Bluestar Adisseo
  • Delacon Biotechnik GmbH
  • DuPont
  • Biomin GmbH.

Competitive Landscape

The key players competing in the feed phytogenic market are Cargill, Incorporated; Bluestar Adisseo; Delacon Biotechnik GmbH; DuPont; and Biomin GmbH.
In 2017, the planned partnership between Delacon and Cargill to expand their photogenic product portfolio.

FEED PHYTOGEINC MARKET keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. feed phytogeinc Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. feed phytogeinc Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. feed phytogeinc Market - Supply Chain
  4.5. Global feed phytogeinc Market Forecast
     4.5.1. feed phytogeinc Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. feed phytogeinc Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. feed phytogeinc Market Absolute $ Opportunity
5. Global feed phytogeinc Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. feed phytogeinc Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global feed phytogeinc Demand Share Forecast, 2019-2026
6. North America feed phytogeinc Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America feed phytogeinc Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America feed phytogeinc Demand Share Forecast, 2019-2026
7. Latin America feed phytogeinc Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America feed phytogeinc Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America feed phytogeinc Demand Share Forecast, 2019-2026
8. Europe feed phytogeinc Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe feed phytogeinc Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe feed phytogeinc Demand Share Forecast, 2019-2026
9. Asia Pacific feed phytogeinc Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific feed phytogeinc Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific feed phytogeinc Demand Share Forecast, 2019-2026
10. Middle East & Africa feed phytogeinc Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa feed phytogeinc Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa feed phytogeinc Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global feed phytogeinc Market: Market Share Analysis
  11.2. feed phytogeinc Distributors and Customers
  11.3. feed phytogeinc Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Cargill, Incorporated
     11.4.2. Bluestar Adisseo
     11.4.3. Delacon Biotechnik GmbH
     11.4.4. DuPont
     11.4.5. Biomin GmbH.

Segments Covered in the Report

The global feed phytogenic market has been segmented on the basis of:

Ingredients

  • Essential Oils
  • Herbs & Spices
  • Others

Animal Types

  • Poultry
  • Ruminant
  • Swine
  • Others

Applications

  • Feed Intake & Digestibility
  • Flavoring & Aroma
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Cargill, Incorporated
  • Bluestar Adisseo
  • Delacon Biotechnik GmbH
  • DuPont
  • Biomin GmbH.

The key players competing in the feed phytogenic market are Cargill, Incorporated; Bluestar Adisseo; Delacon Biotechnik GmbH; DuPont; and Biomin GmbH.
In 2017, the planned partnership between Delacon and Cargill to expand their photogenic product portfolio.

FEED PHYTOGEINC MARKET keyplayers

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