North America Feed Phytogenics Market by Ingredients (Herbs and Species, Essential Oils, and Other Ingredients), Applications (Feed Intake and Digestibility, Flavoring and Aroma, and Other Applications), Animal Types (Ruminant, Poultry, Swine, and Other Types), and Geography (The US, Canada, Mexico, and Rest of the North America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The North America feed phytogenics market size is anticipated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing production of meat products.
Feed phytogenics are plant-based nutrients that are feed to animal diets with the aim to improve animal performance. These are natural bioactive compounds with positively impact the animal growth. Feed phytogenics are used for the purpose of antimicrobial effect, digestibility enhancement, and performance improvement. The benefit includes cost reduction and integration of technological innovations.
The challenge that is faced by manufacturers is the right mixture of natural substances while fully exploiting the energy to the animals among their active ingredients. Major of the animal feed corporations are focusing on sustainable products.
Market Trends, Drivers, Restraints, and Opportunities
- Rising concerns regarding animal health and feed quality is expected to drive the growth of the market.
- Growing research & development (R&D) expenditure on the agriculture sector can propel the market growth.
- Closure of restaurants and meat shops due to COVID-19 outbreak decreased the demand for feed phytogenics, hampering the growth of the market.
- Increasing awareness of side effects can impede the market growth.
- Expanding applications of phytogenics in pet foods and medicines for treating allergies in animals can positively impact the market growth in the projected timeline.
Scope of Feed Phytogenics Market Report
The report on the North America feed phytogenics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
North America Feed Phytogenics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Ingredients (Herbs and Species, Essential Oils, and Other Ingredients), Applications (Feed Intake and Digestibility, Flavoring and Aroma, and Other Applications) and Animal Types (Ruminant, Poultry, Swine, and Other Types) |
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Geographical Scope |
The US, Canada, Mexico, and Rest of the North America |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Biomin; Delacon Biotechnik; Danisco; Pancosma SA; and Igusol |
North America Feed Phytogenics Market Segment Insights
Essential oils segment is anticipated to expand at a rapid pace
Based on ingredients, the market is divided into herbs and species, essential oils, and other ingredients. The essential oils segment is anticipated to expand at a rapid pace during the forecast period owing to easy availability of natural compounds. However, the herbs and spices segment is anticipated to hold a key share of the market in the coming years owing to low cost of fresh herbs and spices.
Feed intake and digestibility segment is projected to expand at a considerable CAGR
On the basis of applications, the market is segregated into feed intake and digestibility, flavoring and aroma, and other applications. The feed intake and digestibility segment is projected to expand at a considerable CAGR during the forecast period owing to increasing production of animal meat. On the other hand, the flavoring and aroma segment is anticipated to account for a major market share during the forecast period due to increasing preference for taste among animals.
Poultry segment is anticipated at expand at a healthy CAGR
In terms of animal types, the market is segregated into ruminant, poultry, swine, and other types. The poultry segment is projected to expand at a considerable CAGR during the forecast period owing to growing demand for chicken-based meat products.
The US is anticipated to constitute a key market share
In terms of geography, the market is classified as the US, Canada, Mexico and Rest of the North America. The US is expected to constitute a key share of the market during the projected period owing to high population of poultry and livestock available. However, Canada is anticipated to expand at a rapid pace during the forecast period owing to growing protein intake among people of Canada.
Segments
The North America feed phytogenics market has been segmented on the basis of
Ingredients
- Herbs and Species
- Essential Oils
- Other Ingredients
Applications
- Feed Intake and Digestibility
- Flavoring and Aroma
- Other Applications
Animal Types
- Ruminant
- Poultry
- Swine
- Other Types
Geography
- The US
- Mexico
- Canada
- Rest of the North America
Key Players
- Biomin
- Delacon Biotechnik
- Danisco
- Pancosma SA
- Igusol
Competitive Landscape
Key players competing in the North America feed phytogenics market are Biomin; Delacon Biotechnik; Danisco; Pancosma SA; and Igusol.
In October 2020, Biomin, a specialty animal nutrition and health business, completed the acquisition with Royal DSM, a global science-based company in nutrition, health and sustainable living.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. North America Feed Phytogenics 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. North America Feed Phytogenics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. North America Feed Phytogenics Market - Supply Chain
4.5. Global North America Feed Phytogenics Market Forecast
4.5.1. North America Feed Phytogenics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. North America Feed Phytogenics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. North America Feed Phytogenics Market Absolute $ Opportunity
5. Global North America Feed Phytogenics 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. North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
6. North America North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
7. Latin America North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
8. Europe North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
9. Asia Pacific North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
10. Middle East & Africa North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global North America Feed Phytogenics Market: Market Share Analysis
11.2. North America Feed Phytogenics Distributors and Customers
11.3. North America Feed Phytogenics Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
2. Assumptions and Acronyms Used
3. Research Methodology
4. North America Feed Phytogenics 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. North America Feed Phytogenics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. North America Feed Phytogenics Market - Supply Chain
4.5. Global North America Feed Phytogenics Market Forecast
4.5.1. North America Feed Phytogenics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. North America Feed Phytogenics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. North America Feed Phytogenics Market Absolute $ Opportunity
5. Global North America Feed Phytogenics 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. North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
6. North America North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
7. Latin America North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
8. Europe North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
9. Asia Pacific North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
10. Middle East & Africa North America Feed Phytogenics 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 North America Feed Phytogenics 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 North America Feed Phytogenics Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global North America Feed Phytogenics Market: Market Share Analysis
11.2. North America Feed Phytogenics Distributors and Customers
11.3. North America Feed Phytogenics Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
The North America feed phytogenics market has been segmented on the basis of
Ingredients
- Herbs and Species
- Essential Oils
- Other Ingredients
Applications
- Feed Intake and Digestibility
- Flavoring and Aroma
- Other Applications
Animal Types
- Ruminant
- Poultry
- Swine
- Other Types
Geography
- The US
- Mexico
- Canada
- Rest of the North America
Key Players
- Biomin
- Delacon Biotechnik
- Danisco
- Pancosma SA
- Igusol
Key players competing in the North America feed phytogenics market are Biomin; Delacon Biotechnik; Danisco; Pancosma SA; and Igusol.
In October 2020, Biomin, a specialty animal nutrition and health business, completed the acquisition with Royal DSM, a global science-based company in nutrition, health and sustainable living.
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