Feed Phytogenics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Report Code: ZMR-5429 | Report Format : | Status : Upcoming |

Abstract

Global Feed Phytogenics Market: Overview

Phytogenics feeds are the material from plant origin, an additive to animal food according to the recommended doses to improve animal performance. These are natural growth enhancers and promoters derived from spices, herbs, and other natural plant resources. The phytogenics feed substances have a broad spectrum that includes essential oils, oregano, anise, and many more. Phytogenics have many biological properties, like antioxidants, digestion enhancers, anti-inflammatory, and antimicrobial, which benefit animals.

Global Feed Phytogenics Market: Growth Factors

The global feed phytogenic market is projected to grow with a significant CAGR during the forecast period. Several factors stimulated the demands of phytogenic feeds and thus boosted the market growth.

To strengthen the animal against the air & water-borne diseases and reduce the growing prevalence of poultry diseases like seasonal flu by rich concentrated amino acids, nutrients, and vitamins from phytogenic feed to improve the health of livestock.

Thus, the surge in the demand for the adoption of essential oil to improve the immunity among the animals and reduce livestock diseases has increased the demand for phytogenic feeds. It is the major driver to boost the global feed phytogenic market.

Growing awareness of the importance of essential oil in animal feed contributes to market growth. An increase in investment activities for research and development of the phytogenic feed with more focus on essential oils extracts triggers the growth of the global feed phytogenic market. An increase in consumption of seafood with derivative demand of products like cod liver oil, fish meal, and caviar encourage the use of feed phytogenic.

The seed is derived from area reason and marigold is used as fish supplements due to rich concentration of omega 3 and various antioxidants that boost the global feed phytogenic market.

The prevalence of bacteria and tumors in trouts, salmons, prawns, and lobsters forced the manufacturers to produce specialized phytogenic products and hence boost the growth of the global feed phytogenic market.

Global Feed Phytogenics Market: Segmentation

The global feed phytogenic market can be segmented into type, livestock, function, forms, and region.

By type, the market can be segmented into essential oils, saponins, flavonoids, oleoresins, and many more. Essential oil segmentation is dominating the global phytogenic market.

By livestock, the market can be segmented into poultry, ruminants, swine, aquatic animals, and others. The swine segment is expected to dominate the market during the forecast period. Pork is the most consumed meat across the globe. With the increase in the pork trade, safety concerns are also growing. These concerns have boosted the demand for the swine feed in the market.

By source, the market can be segmented into herbs & species, flowers, and fruits & vegetables.

The herbs & spices segment is expected to be the fastest-growing segment during the forecasted period. Due to the medicinal properties, the herbs & spices segment has gained popularity in recent years. They do not have any negative impact on animals.

By function, the market can be segmented into antimicrobial properties, performance enhancers, and others.

By form, the market can be segmented into dry and liquid. The liquid segmentation dominates the global feed phytogenic market. It is highly adopted due to the uniformity in the final product.

Global Feed Phytogenics Market: Regional analysis

Asia Pacific accounts for the largest share in the global feed phytogenic market because of the rise in the demand for meat in religion boosted the demand for natural phytogenics feeds in accordance. Increased per capita income and improved lifestyle demands for the superior quality of meat further driving the market growth.

Europe is expected to be the fastest-growing region in the global feed phytogenic market. The ban on antibiotics and stringent regulations boost market growth in the region.

Global Feed Phytogenics Market: Competitive Players

Some of the prominent leaders in the global feed phytogenic market are Delacon Biotechnik GmbH, Synthite Industries Ltd., Natural Remedies, Bluestar Adisseo Co., Ltd., Cargill, Incorporated, BIOMIN Holding GmbH, Phytobiotics Futterzusatzstoffe, ROHA A JJT Group, Vinayak Ingredients, Akay Group, Unique Organics, Synthite Industries, Nutricare Life Sciences Limited, Natural Herbs & Formulations, DowDuPont, Indian Herbs Specialties, Akay Group, AVT Natural Products, Ayurvet Limited, and Synthite Industries.

Global Feed Phytogenics Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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