Global Phytogenic Feed Additives Market, By Type (Essential Oils, Flavonoids, Saponins, Oleoresins, Others), Livestock (Poultry, Swine, Ruminants, Aquatic Animals, Others), Source (Herbs & Spices, Flowers, and Fruits & Vegetables), Form (Dry, Liquid), Function (Performance Enhancers, Antimicrobial Properties, Palatability Enhancers, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Phytogenic Feed Additives Market
Phytogenic feed additives market is expected to reach 1.40 billion by 2027 growing at a growth rate of 9.90% in the forecast period of 2020 to 2027. The increasing popularity of natural solutions for pet food nutrition and strategic growth initiatives to enter untapped markets will create several opportunities that will led to the growth of the phytogenic feed additives market in the above mentioned period.
The growing concern regarding animal health, increasing demand for naturally produced feed additives as substitutes to in-feed antibiotics, changing opinion of consumers towards the quality of poultry products, rising technological explorations are some of the factors expected to drive the growth of the phytogenic feed additives market in the above mentioned period. Dearth of awareness about the usage of phytogenic in under-developed and emerging nations and counterfeit products in emerging economies will act as challenges to the market growth.
The price of active ingredients used in phytogenic feed additives will act as a restraint and may hamper the growth of the phytogenic feed additives market in the above mentioned period.
This phytogenic feed additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on phytogenic feed additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Phytogenic Feed Additives Market and Market Size
Phytogenic feed additives market is segmented on the basis of type, livestock, source, form and function. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the phytogenic feed additives market is segmented into essential oils, flavonoids, saponins, oleoresins, and others. Others are further segmented into mucilage, tannins, bitter substances, and pungent substances.
- On the basis of livestock, the phytogenic feed additives market is segmented into poultry, swine, ruminants, aquatic animals, and others. Others are further segmented into pets and equine.
- On the basis of source, the phytogenic feed additives market is segmented into herbs & spices, flowers, and fruits & vegetables.
- On the basis of form, the phytogenic feed additives market is segmented into dry and liquid.
- On the basis of function, the phytogenic feed additives market is segmented into performance enhancers, antimicrobial properties, palatability enhancers, and others. Others are further segmented into phytogenic feed additives with anti-inflammatory properties and better feed conversion.
Phytogenic Feed Additives Market Country Level Analysis
Phytogenic feed additives market is analysed and market size, volume information is provided by country, type, livestock, source, form and function as referenced above.
The countries covered in the phytogenic feed additives market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the phytogenic feed additives market due to the increasing consumption of phytogenics in livestock feed, to improve feed palatability and livestock performance and strict regulations imposed by the European Commission on synthetic feed additives.
The country section of the phytogenic feed additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Phytogenic Feed Additives Market Share Analysis
Phytogenic feed additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to phytogenic feed additives market.
The major players covered in the phytogenic feed additives market report are Cargill, Incorporated, Delacon Biotechnik GmbH, BIOMIN Holding GmbH, Bluestar Adisseo, DuPont, Synthite Industries Ltd., ABT International, British Horse Feeds, MIAVIT GmbH, Tolsa SA, Kemin Industries, Growell India, Phytobiotics Futterzusatzstoffe GmbH, and Ayurvet Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.