#Feed Phytogenics Market

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The phytogenic feed additives market is expected to register a CAGR of approx. 7% over the period of 2022-2028.

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The Phytogenic Feed Additive Market estimated at USD 862.42 Million in the year 2022, is projected to reach a revised size of USD 1608.15 Million by 2030, growing at a CAGR of 8.1% over the analysis period 2023-2030

Phytogenic Feed Additive Market- Global Demand & Industry Analysis (2023- 2030) | IMR

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Feed Phytogenic Market, Regional Analysis, Key Players, Industry Segments, Development, Opportunities, Forecast till 2027

Feed Phytogenic Market Size Anticipated to Touch at a CAGR of 6.6% During the Forecast Period

[healthcareanalystinsights-blog]

Feed Phytogenic Market 2023 Global Trends, Emerging Technologies And Growth Analysis By Forecast To 2033

The feed phytogenic market is projected to be worth US$ 782.3 million in 2023. By 2033, the market is expected to surpass US$ 1,142.13 million. The demand for phytogenic feed is expected to expand at a CAGR of 3.5% during the forecast period.

The feed phytogenic industry is an emerging segment of the animal feed industry, which has witnessed significant growth over the past few years. Feed phytogenic products are plant-based additives. They are used in animal feed to enhance animal performance, gut health, immunity, and overall well-being. The increasing demand for animal protein and livestock production, along with the ban on antibiotic growth promoters in animal feed, has been driving the growth of the market.

Despite the growing demand for feed phytogenic products, the industry still faces certain challenges that act as restraints for market growth. The lack of awareness and knowledge regarding the usage and benefits of phytogenic feed additives. As well as the unavailability of standardized testing methods poses challenges for manufacturers in terms of product development and marketing.

The feed phytogenic industry offers several opportunities for market players to expand their business and increase their market share. The rising trend of natural and organic products is providing significant growth opportunities. Moreover, increasing awareness among consumers regarding the benefits of natural products is expected to drive the market.

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Key Takeaways from the Feed Phytogenic Market:

The United States feed phytogenic industry is expected to exceed US$ 175 million by 2033, owing to the industry's increased demand for chicken meat.

Vietnam and Indonesia are two of the Asia Pacific region's leading feed producers.

Rising animal health concerns and a taste for natural commodities are expected to propel the feed phytogenic business in Germany.

Brazil is expected to lead the feed phytogenic market because of the region's enormous development potential.

Poultry is expected to continue to be the most appealing livestock propelling the sales of phytogenic feed.

The most popular type of plant-derived chemical utilized in cattle is essential oils.

Herbs and spices have recently attracted a lot of attention in the feed industry.

From Global Giants to Local Players: How Phytogenic Feed Industry is Standing Out with Unique Offerings

The feed phytogenic industry has a highly competitive landscape, with numerous global and local players operating in the market. Tier-1 and tier-2 players, including Biomin, Cargill, Delacon, DuPont, Kemin Industries, Adisseo, Pancosma, and Nutrex, dominate the global market. Due to their brand reputation, product differentiation, financial stability, strategic advances, and diverse regional presence. These companies have a global reach and varied product ranges, making it difficult for new players to enter the market and compete.

In addition to these dominant players, there are also numerous local firms present in the phytogenic feed industry. These players have a strong understanding of the regional market and have built a loyal customer base. They often focus on producing low-cost products, which allows them to compete with the key players in the market.

The phytogenic feed industry is characterized by intense R&D activities, with companies continuously investing in the development of new and innovative products. This has led to several mergers, partnerships, and collaborations among players to leverage their collective strengths and expand their market presence.

Key Developments in the Feed Phytogenic Market:

Kemin Industries added VANNIXTM C4, an innovative phytogenic feed additive, to their range of chicken gut health products in January 2020 in North America.

In January 2020, Delacon Biotechnik GmbH launched BioStrong Comfort. A product designed to reduce the impact of heat stress during periods of high temperature and humidity. It contains antioxidants derived from plants in the United States and Canadian markets.

In 2017, Delacon and Cargill formed a partnership to provide better solutions for their customers. This included a minority stock investment from Cargill. After entering the Russian market in 2019, Delacon introduced its phytogenic products to China in March 2020.

In October 2020, Royal DSM, a multinational corporation specializing in nutrition and health acquired Erber Group for €980 million. To expand their phytogenic feed additive offerings.

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[karanresearchlayer]

Feed Phytogenic Market to witness lucrative 15.8% CAGR from 2023 to 2030

The feed phytogenic market refers to the market for natural feed additives derived from plant sources that are used in animal nutrition. These additives are used to improve animal health, performance, and feed efficiency.

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The market for feed phytogenics is driven by increasing demand for natural and organic products in animal nutrition, rising concerns over the safety of synthetic additives, and growing awareness about the health benefits of phytogenics.

Some of the key players in the feed phytogenic market include Cargill, Inc., DuPont de Nemours, Inc., BIOMIN Holding GmbH, Kemin Industries, Inc., and Delacon Biotechnik GmbH.

The market is segmented based on type, form, livestock, and region. By type, the market is segmented into essential oils, herbs and spices, oleoresins, and others. By form, the market is segmented into dry and liquid. By livestock, the market is segmented into poultry, swine, ruminants, aquatic animals, and others. By region, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

The Asia-Pacific region is expected to witness significant growth in the feed phytogenic market due to the increasing demand for natural feed additives in the region. The poultry segment is expected to dominate the market due to the high demand for poultry products and the increasing use of phytogenics in poultry feed.

Overall, the feed phytogenic market is expected to grow significantly in the coming years due to the increasing demand for natural feed additives and growing concerns over the safety of synthetic additives.

[mayurreports]

Feed Phytogenic Market, Size, Major Companies, Revenue Analysis, Till 2021-2028

Market Synopsis

The global feed phytogenic market is projected to register a CAGR of 6.10% and reach a value of USD 1.15 Billion by 2028.

Feed phytogenic are currently used for all types of livestock, including pets, due to their excellent medicinal, preservative, and aromatic properties. This market has the potential to eventually overtake the artificial feed additive market as phytogenic offer the same properties as artificial additives with the added benefits of being eco-friendly and having no adverse side effects on the livestock.

Currently, the palatability enhancers segment is larger as these additives are not subject to stringent regulations. Performance enhancing feed phytogenic must comply with strict regulations, especially in Europe and North America. Performance enhancing feed phytogenic market are known to be more effective than their artificial counterparts, thus, contributing to market growth.

Segmentation

By Type

Essential Oils: The largest and fastest-growing market segment. Essential oils find applicability in feed for all livestock and are especially beneficial in the large poultry feed industry. In the ruminant industry, the application of essential oils results in a marked reduction of nitrogen pollution by reducing ammonia emissions. This aids in increasing the overall livestock weight as excess ammonia adversely affects the growth potential of animals.

Herbs and Spices: The second-largest market share. Herbs and spices are used primarily to increase the palatability of feed while enhancing digestibility. Better digestion improves the overall health and weight of livestock. Most herbs and spices have well known medicinal properties that offer secondary benefits to the animals.

Oleoresins: More resistant than essential oils and less soluble, oleoresins find increasing use in the poultry industry where they are shown to enhance liver function. They combine the effects of essential oils along with the properties of herbs and spices. The only limitation is the high manufacturing costs, which can be offset by mass production.

Others: Numerous plant extracts, as well as flavonoids and carotenoids, are covered in this category. A small market segment that capitalizes on by-products.

By Livestock Type

Ruminant: The ruminant segment is the second largest. The large bovine population in Asia and the Americas are driving the growth of the segment. The emphasis on enhanced dairy production and the ban on antibiotics for livestock are further fuelling growth.

Swine: China, Germany, and the US as the world’s largest consumers of pork, with China consuming more pork than the others combined. With pork being susceptible to multiple diseases and pathogens that can be transferred via consumption, maintaining swine health is a priority that is driving the growth of the segment. Latin America and South Asia have small piggeries, but with great potential which, if realized, will further fuel growth.

Poultry: The largest market segment. With over 16 billion chickens in the world and many millions of ducks and pheasants, the poultry industry is the largest in the world. The use of feed phytogenic has shown to increase weight and reduce ammonia emissions of poultry, thereby enhancing health.

Aquaculture: Aquaculture is very active in South-East Asia and China, where consumption is the highest globally. Feed phytogenic aid in maintaining the growth and health of fish.

Others: Pets and equine are covered under this heading. The market segments are relatively small but provide excellent returns on investment.

By Action

Performance Enhancers: The market segment with the most potential, it is currently underdeveloped due to heavy regulations and the need for research on the effects of performance enhancers. The segment is expected to register the higher CAGR during the forecast period.

Palatability Enhancers: The largest market segment, palatability enhancers ensure feed consumption, thereby reducing feed wastage and promoting animal growth. This segment is expected to grow due to limited regulations and low costs for manufacturing palatability enhancers.

By Region 

North America: The fastest-growing regional market

Europe

Asia-Pacific: The largest regional market

Rest of the World

Regional Analysis

B region, the global feed phytogenic market has been divided into North America, Europe, Asia-Pacific, Rest of the World. Europe accounted for the largest market share of 33.23% in 2020. North America was the second-largest market in 2019 and is projected to exhibit a CAGR of 9.17% during the review period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period.

Key Players

Key feed phytogenic market players

Biomin Holding GmbH (Austria)

Cargill Inc. (US)

DowDupont (US)

Kemin Industries, Inc. (US)

Phytobiotics Futterzusatzstoffe GmbH (Germany)

Bluestar Adisseo Company (China)

Synthite Industries Ltd. (India)

The Himalaya Drug Company (India)

Pancosma (Switzerland)

Dostofarm GmbH (Germany)

Phytosynthese (France)

Silvateam S.P.A. (Italy)

Delacon Biotechnik GmbH (Austria)

Natural Remedies (India)

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Phytogenic Feed Additive Market by Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2028

Phytogenic Feed Additive Market was valued at USD 797.86 million in 2021 and is expected to reach USD 1376.28 million by the year 2028, at a CAGR of 8.1 %.

Phytogenic, Phyto-biotics or botanicals, are plant-derived products used as feed additives, to potentially increase the performance of animal husbandry. Studies have shown that photogenic, play an important role in increased feed uptake, improved gut function, anti-oxidant effects, and anti-microbial effects. Moreover, phytogenic feed additives have found increased use, over traditional feed additives as they don't have antibiotics and are 100% natural. Phytogenic additives also enhance the flavor of the feed and also aids in digestion. Moreover, using phytogenic feed additives, reduces ammonia emission from livestock, thereby reducing nitrogen pollution. The blue ridge in using phytogenic feed additives is that it suppresses the growth of harmful bacteria without the utilization of antibiotics, thereby boosting the growth of the phytogenic feed additive market during the forecast period. Globally the demand for organic meat is rising substantially, to meet this demand, the necessity of phytogenic feed additives has increased. Moreover, phytogenic feed additives are capable of reducing microbial threats and promoting intestinal health, which is a positive sign for optimal performance and profitability, thereby promoting the growth of the phytogenic feed additives market in the forecast period. According to BIOMIN, the market for phytogenic feed additives is going to increase from US$500 million in 2015 to US$2 billion by 2030, i.e., four times from its initial value in 2015.

This Phytogenic Feed Additive Market Report includes information on the manufacturer, such as shipping, pricing, revenue, interview records, gross profit, and company distribution, among other things. These details assist consumers to learn more about their rivals. Likewise, the report outlines the significant difficulties that would have an influence market growth. They also give extensive facts about the industry's potential to key stakeholders, allowing them to expand their industries and increase sales in certain industries. The research will assist companies who are already in or want to enter this market in analyzing the many facets of this domain before investing in or growing their industry in the Phytogenic Feed Additive markets.

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Key Industry Players in Phytogenic Feed Additive Market:

·         Cargill Incorporated (US)

·         Dupont De Nemours

·         Bentoli (US)

·         BIOMIN (Austria)

·         DOSTOFARM Gmbh (Germany)

·         Phytobiotics Futterzusatzstoffe Gmbh (Germany)

·         Pancosma (Switzerland)

·         The Himalaya Drug Company (India)

·         Silvateam S.P.A. (Italy)

·         NOR-FEED VIETNAM CO. LTD (France)

·         INFOEMPRESA SL (Spain)

·         Bluestar Adisseo Co. Ltd. (China)

·         Natural Remedies (India)

·         Delacon Biotechnik Gmbh (Austria) and other major players.

Phytogenic feed additives also called as phytobiotics are non-antibiotic growth promoters or group of natural growth promoters used as feed additives, derived from spices, herbs or other plants. Essential oils are the concentrated type of phytogenics, which contain the most vital elements of plants. There have been various restrictions in many countries over the use of in-feed antibiotics. Introduction of phytogenic feed additives, have resulted in product derivation for potential animal performance improvements.

Segmentation Analysis Includes,

By Type:

·         Essential Oils

·         Herbs

·         Spices

·         Oleoresins

By Livestock:

·         Poultry

·         Cattle

·         Aquatic

·         Swine

·         Other Ruminants

By Form:

·         Liquid

·         Dry

By Sources:

·         Flower

·         Fruits

·         Leaves

·         Roots

·         Non-Aqueous Solvents from Plant Materials

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Questions Answered in the Baobab Market Research Report:

·         Which are the major phytogenic feed additives types considered in this study and which segments are projected to have promising growth rates in the future?

·         What are some of the drivers fuelling the growth of the phytogenic feed additives market?

·         What kind of information is provided in the competitive landscape section?

·         What is the market size and forecast of the Global Phytogenic Feed Additives Market?

·         What are the technology trends and regulatory frameworks in the Global Phytogenic Feed Additives Market?

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The global Phytogenic feed additives market is segmented on the basis of type, livestock, and function. On the basis of type, the global Phytogenic feed additives market is divided into essential oils, flavonoids, oleoresins, and others. On the basis of product type, the global Phytogenic feed additives market is divided into poultry, swine, ruminants, and aquatic animals. On the basis of distribution channel, the global Phytogenic feed additives market is divided into performance enhancers and palatability enhancers.

Related Report: -

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https://introspectivemarketresearch.com/reports/medicated-feed-additives-market/

https://introspectivemarketresearch.com/reports/probiotic-feed-additives-market/

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Global Phytogenic Feed Additive Market

Phytogenic Feed Additive Market was valued at USD 797.86 million in 2021 and is expected to reach USD 1376.28 million by the year 2028, at a CAGR of 8.1 %.

Plant-derived products that are used in feed to help improve chicken performance are known as phytogenic feed additives. Phytogenic feed supplements give bettered intestinal functions, anti-oxidative advantages, improved delectability, and formation of growth in meat, in addition to antibacterial exertion. Sauces and store-bought derivatives are examples of phytogenic feed additives. Because of the growing knowledge of health risks, phytogenic feed additives are a viable option for everybody involved in the chicken industry. Phytogenic feed additives outperform antibiotics in a variety of ways, making them a better choice than antibiotics for improving poultry health and productivity. Another important element influencing the number of feed products is the increased commercialization of animal husbandry practises, particularly in emerging countries.

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https://www.maximizemarketresearch.com/market-report/global-feed-phytogenics-market/25856/

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Emerging Trends and Opportunities in the Feed Technology Market: Forecast to 2029

This Feed Technology market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Feed Technology report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the feed technology market which was valued at USD 1.80 billion and is expected to reach the value of USD 2.13 billion by 2029 growing at a CAGR of 9.40% during the forecast period.

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Market Overview:

Owing to the growing concerns about animal nutrition, the animal feed industry has grown tremendously over the years. As different animal types have different nutritional needs, feeds often differ from one another. Nutritional feedstuff is one of the most important aspects for an animals overall health. As a result, the global feed technology market is expected to grow at a rapid pace during the forecast period of 2022-2039.

Some of the major players operating in the Feed Technology market are Rahr Corporation (U.S.), Lipoid Kosmetic AG,(Germany) The Herbarie at Stoney Hill Farm, Inc.(U.S.), Rutland Biodynamics Ltd. (Scotland) Prakruti Products Pvt. Ltd (India) AmbePhytoextractsPvt. Ltd. (Austria) Umalaxmi Organics Pvt. Ltd. (India) PrairiE Systems (U.S.), AFOS (U.S.), Cultura Technologies (Georgia), GlobalVet LINK (FeedLINK) (U.S.), Easy Automation, Inc. (U.S.), Landmark feeds, Inc. (Canada), Supervisor Systems (U.S.), Cargill Incorporated (U.S.), MTech-Systems (Georgia), and Feedlogic Corporation (U.S.)among others.

Global Feed Technology Market Scope

The feed technology market is segmented on the basis of ingredients and additives, processing method and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Ingredients and additives

Amino Acids

Phosphates

Vitamins and Minerals

Phytogenics

Probiotics

Commodity Ingredients

Others

Processing method

Physical Method

Chemical Method

Biological Method

Application

Poultry

Swine

Agriculture

Distribution channel

Direct

Indirect

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Feed Technology Market Landscape

Part 04: Global Feed Technology Market Sizing

Part 05: Global Feed Technology Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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[rupalic]

Feed Additives Market: Key Factors behind Market’s Rapid Growth

The feed additives market encompasses a wide range of products used in animal nutrition to enhance the quality and nutritional value of animal feed. These additives serve various purposes, including improving digestion, enhancing growth and performance, boosting immunity, and preventing diseases in livestock.  The global feed additives market size is estimated to be valued at USD 42.2 billion in 2023 and is projected to reach USD 55.8 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

Key factors driving the feed additives market growth

Increasing Demand for Animal Protein: With a growing global population and rising incomes, there is a higher demand for meat, dairy, and eggs. This has led to increased production of livestock and poultry, consequently boosting the demand for feed additives to enhance animal health, growth, and productivity.

Rising Concerns about Animal Health and Welfare: Consumers are becoming more aware of the importance of animal welfare and the quality of animal products they consume. As a result, there is a greater focus on using feed additives to improve animal health, reduce disease incidence, and enhance overall welfare.

Efforts to Improve Feed Efficiency: Feed additives such as enzymes, probiotics, and prebiotics help improve feed conversion ratios, nutrient utilization, and digestion efficiency in animals. Farmers are increasingly adopting these additives to optimize feed utilization, reduce feed costs, and improve profitability.

Regulatory Pressures and Antibiotic Reduction Initiatives: Regulatory restrictions on the use of antibiotics in animal feed, driven by concerns over antimicrobial resistance, have led to the adoption of alternative feed additives. Probiotics, prebiotics, organic acids, and phytogenics are being used as alternatives to antibiotics to promote animal health and growth.

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How does the prioritization of environmentally responsible practices impact feed additive manufacturers?

As consumers and regulators increasingly prioritize environmentally responsible practices, the demand for sustainable feed additives has surged. This shift places substantial pressure on manufacturers to develop and implement eco-friendly production processes and source sustainable raw materials. Moreover, ensuring the safety and efficacy of these additives while meeting stringent regulatory requirements remains a significant hurdle. The sustainability of the feed and livestock chain has a profound impact on this market. Suppliers must address issues such as reducing greenhouse gas emissions, optimizing resource utilization, and minimizing waste. Failure to do so can lead to reputational damage and market exclusion. Additionally, the rising costs associated with sustainable practices and compliance with stringent regulations can strain profit margins. Therefore, the feed additives market faces the dual challenge of meeting evolving sustainability demands while maintaining competitiveness and profitability, making innovation and sustainability key drivers for future success in this industry.

Poultry Segment Holds the Major Feed Additives Industry Share

The poultry industry has become a major engine for the growth of the feed additives market, driven by several key factors:

Rising Demand for Poultry: Changing dietary habits and population growth have led to a surge in global demand for chicken and eggs. To meet this growing need, farmers rely heavily on feed additives.

Efficiency in Poultry Production: Poultry, particularly broilers (chickens raised for meat), have a shorter production cycle compared to other livestock. This rapid turnover rate makes them ideal candidates for benefiting from feed additives.

Faster Results: Feed additives like antibiotics, probiotics, and growth promoters can deliver quick and visible results in poultry. They can improve weight gain, prevent diseases, and enhance feed conversion efficiency, offering a clear incentive for farmers.

Innovation in Poultry Nutrition: The poultry sector is a leader in adopting new technologies like precision feeding and nutrigenomics for animal nutrition. This progressive approach further strengthens the dominance of the poultry sub-segment within the global feed additives market.

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Major players profiled

Cargill Incorporated (US)

ADM (US)

International Flavors & Fragrances, Inc. (US)

Evonik Industries AG (Germany)

BASF SE (Germany)

DSM (Netherlands)

Ajinomoto (Japan)

Novozymes (Denmark)

CHR. HANSEN (Denmark)