A latest published report on “Phytogenic Feed Additives Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.
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The Global Phytogenic Feed Additives Market size is projected to grow from US$ 701 Million in 2019 to US$ 1,226 Million by 2025, at a CAGR of 9.8% during the forecast period. This report spread across 168 Pages, Profiling 20 Companies and Supported with 129 Tables and 39 figures is now available in this research.
#Key Players- Delacon Biotechnik GmbH (Austria), BIOMIN Holding GmbH (Austria),Cargill, Incorporated (US), and Natural Remedies (India).
“The poultry segment, by livestock, is estimated to dominate the phytogenic feed additives market in 2019.”
Poultry is domesticated for the production of eggs and meat for consumption. Many factors impact the feed intake of poultry birds and significantly impact the nutritional well-being and efficiency of poultry production. The poultry segment accounted for the largest share in 2018, in terms of value. The dominance of poultry can be attributed to the higher demand for antibiotic growth promoter (AGP) replacers, especially in the US, China, and Brazil.
“The essential oils segment, by type, is projected to account for the largest share during the forecast period in the phytogenic feed additives market.”
Essential oils, which are sourced primarily from herbs and species, are preferred by most of the animal feed manufacturers and livestock producers. Thus, the segment is estimated to dominate the phytogenic feed additives industry in 2018. Also, the use of essential oils in the feed has increased significantly as a result of the ban on antibiotic growth promoters as feed additives in the European Union in 2006 and later in other countries. The major kinds of essential oils used for feed phytogenics are thyme oil, rosemary oil, origanum oil, onion oil, marjoram oil, hop oil, garlic oil, basil oil, and anise oil.
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Reason to access this research report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall phytogenic feed additives market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.
Table of Contents in this report:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Opportunities in the Phytogenic Feed Additives Market
4.2 Phytogenic Feed Additives Market, By Type and Region, 2018
4.3 Asia Pacific: Phytogenic Feed Additives Market, By Livestock and Country, 2018
4.4 Phytogenic Feed Additives Market, By Form, 2018
4.5 Phytogenic Feed Additives Market, By Key Country, 2018
5 Market Overview
5.1 Introduction
5.2 Macro Indicators
5.2.1 Growth in Feed Production
5.2.2 Increase in Demand for Animal Products in Developing Countries
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Encapsulated Technology Enhances the Efficiency of Phytogenic Feed Additives
5.3.1.2 Rise in Demand for Naturally Produced Feed Additives as Alternatives to In-Feed Antibiotics
5.3.1.2.1 Ban on Antibiotics as Growth Promoters in Feed
5.3.1.2.2 Availability of Alternatives to Antibiotics
5.3.1.3 Growing Concerns Regarding Animal Health
5.3.2 Restraints
5.3.2.1 Cost of Active Ingredients Used in Phytogenic Feed Additives
5.3.3 Opportunities
5.3.3.1 Increased Popularity of Natural Solutions for Pet Food Nutrition
5.3.3.2 Strategic Growth Initiatives to Enter Untapped Markets
5.3.4 Challenges
5.3.4.1 Counterfeit Products in Developing Economies
5.3.4.2 Lack of Awareness About the Usage of Phytogenics in Under-Developed and Developing Nations
5.4 Regulatory Framework
5.4.1 China
5.4.2 European Union
5.4.3 Japan
5.4.4 South Africa
5.5 Value Chain Analysis
5.5.1 Pricing Analysis: Raw Material
5.5.1.1 Herbs and Spices
6 Phytogenic Feed Additives Market, By Type
6.1 Introduction
6.2 Essential Oils
6.2.1 Thyme and Oregano are the Major Sources of Essential Oils
6.3 Flavonoids
6.3.1 Flavonoids Help in Improving the Gut Health and Control Heat Stress in Livestock
6.4 Saponins
6.4.1 Saponins Improve Animal Performance By Suppressing Intestinal and Ruminal Ammonia Production
6.5 Oleoresins
6.5.1 Enhanced Flavor and Aromatic Ingredients in Phytogenic Feed Additives Increase the Palatability of Feed
6.6 Others
7 Phytogenic Feed Additives Market, By Livestock
7.1 Macro Indicators
7.1.1 Increase in Livestock Population
7.2 Connected Market: Feed Additives
7.2.1 Increasing Growth in the Compound Feed Industry
7.2.1.1 Increasing Compound Feed Production
7.3 Introduction
7.4 Poultry
7.4.1 Poultry Segment Projected to Be the Largest Market During the Forecast Period
7.5 Swine
7.5.1 Increasing Pork Consumption to Present Growth Potential for Phytogenic Feed Additives
7.6 Ruminants
7.6.1 Phytogenic Feed Additives are Added to Cattle Diets to Ensure Optimum Production and Performance of Cattle
7.7 Aquatic Animals
7.7.1 High Growth in the Aquafeed Industry Presenting an Opportunity for the Growth of Phytogenic Feed Additives
7.8 Others
8 Phytogenic Feed Additives Market, By Source
8.1 Introduction
8.2 Herbs and Spices
8.2.1 The Highest Demand for Herbs and Spices as A Major Source of Essential Oils
8.3 Flowers
8.3.1 Flowers Segment Projected to Be the Second-Largest Segment During the Forecast Period
8.4 Fruits and Vegetables
8.4.1 Citrus Fruits are Largely Preferred as A Source of Phytogenic Feed Additives
9 Phytogenic Feed Additives Market, By Form
9.1 Introduction
9.2 Liquid
9.2.1 The Liquid Form of Phytogenic Feed Additives is Largely Preferred for Application in Ruminants and Poultry
9.3 Dry
9.3.1 The Free-Flowing Structure and Consistency of the Dry Form Make It More Preferable
10 Phytogenic Feed Additives Market, By Function
10.1 Introduction
10.2 Performance Enhancers
10.2.1 Livestock Producers Have A Major Focus on Performance Enhancers
10.3 Antimicrobial Properties
10.3.1 Restriction on Synthetic Agps to Boost the Use of Phytogenic Feed Additives
10.4 Palatability Enhancers
10.4.1 Enhanced Flavor and Aromatic Ingredients in Phytogenic Feed Additives to Increase the Adoption of Palatability Enhancers
10.5 Others
11 Phytogenic Feed Additives Market, By Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 Demand for Quality Feed Products Driving the Demand for Phytogenic Feed Additives
11.2.2 Canada
11.2.2.1 Efficient Regulations About Feed Safety and Quality Driving Market Growth
11.2.3 Mexico
11.2.3.1 Rising Export Demand for High-Quality Meat to Boost the Market for Phytogenic Feed Additives
11.3 Europe
11.3.1 Spain
11.3.1.1 Promotion of Natural Growth Promoters to Drive Market Growth for Phytogenic Feed Additives
11.3.2 Russia
11.3.2.1 Lenient Regulations Pertaining to the Usage of Antibiotics Could Hinder the Market Growth
11.3.3 Germany
11.3.3.1 Implementation of Advanced Technologies for the Production of Quality Feed has Led to the Usage of Phytogenic Feed Additives
11.3.4 France
11.3.4.1 Quality Concerns Pertaining to Disease Outbreaks Have Led to the Increased Adoption of Phytogenic Feed Additives
11.3.5 Italy
11.3.5.1 A Growing Need for Alternative Growth Promoters Propelling Market Growth for Phytogenics
11.3.6 UK
11.3.6.1 Intensive Farming Adoption has Led to Higher Usage of Phytogenic Feed Additives
11.3.7 Rest of Europe
11.3.7.1 Adoption of Natural Antimicrobials and Growth Promoters Drives the Market for Phytogenic Feed Additives
11.4 Asia Pacific
11.4.1 China
11.4.1.1 Significant Meat Consumption in the Country Driving Market Growth
11.4.2 India
11.4.2.1 Greater Inclination Toward Natural Ingredients Propelling the Market for Phytogenic Feed Additives in the Country
11.4.3 Vietnam
11.4.3.1 High Imports of Live Cattle By the Country to Drive Market Growth for Phytogenic Feed Additives
11.4.4 Australia
11.4.4.1 Rise in Exports of Meat and Meat Products to Drive the Market
11.4.5 Japan
11.4.5.1 Improvement in Feed Quality and Palatability has Led to the Adoption of Phytogenic Feed Additives
11.4.6 Thailand
11.4.6.1 Thriving Poultry Industry to Propel the Market for Phytogenic Feed Additives
11.4.7 Rest of Asia Pacific
11.4.7.1 Commercialization of Livestock has Led to Greater Usage of Phytogenic Feed Additives
11.5 South America
11.5.1 Brazil
11.5.1.1 Replacement of Antimicrobials With Phytogenic Feed Additives to Propel Market Growth
11.5.2 Argentina
11.5.2.1 Increase in Meat Exports By the Country Driving the Usage of Phytogenic Feed Additives
11.5.3 Rest of South America
11.5.3.1 Lack of Awareness Toward the Usage of Phytogenic Feed Additives Hindering the Market Growth
11.6 Rest of the World
11.6.1 Middle East
11.6.1.1 Increase in Meat Consumption Driving Market Growth
11.6.2 Africa
11.6.2.1 Modernization of the Meat and Dairy Processing Industries to Promote the Adoption of Phytogenic Feed Additives
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12 Competitive Landscape
12.1 Overview
12.2 Company Ranking
12.3 Competitive Leadership Mapping
12.3.1 Dynamic Differentiators
12.3.2 Innovators
12.3.3 Visionary Leaders
12.3.4 Emerging Companies
12.4 Competitive Leadership Mapping (For Smes/Start-Ups)
12.4.1 Progressive Companies
12.4.2 Starting Blocks
12.4.3 Responsive Companies
12.4.4 Dynamic Companies
12.5 Competitive Scenario
12.5.1 New Product Launches
12.5.2 Expansions
12.5.3 Acquisitions
12.5.4 Agreements
……and More
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