Feed Phytogenics Market Size By Product (Essential Oils, Herbs & Spices, Oleoresins), By Livestock (Poultry, Swine, Ruminant, Aquatic, Equine), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Mar 2020  |  Report ID: GMI120  |  Authors: Kunal Ahuja, Kritika Mamtani

Report Format: PDF   |   Pages: 220   |   Base Year: 2020




Summary Table of Contents Industry Coverage Methodology

Rising prevalence of livestock diseases to escalate demand for feed phytogenics

Feed Phytogenics Market size exceeded USD 680 million, globally in 2020 and is estimated to grow at over 3.7% CAGR between 2020 and 2026. Increasing prevalence of livestock diseases and changing perceptions on animal rights coupled with rising demand for dairy products will stimulate the global industry growth.
 

Feed Phytogenics Market

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Feed phytogenic products are group of natural growth promoters derived from essential oils, herbs & spices, and plant extracts. Potential benefits offered by these products include increased feed intake, digestion stimulation, immunity support, and muscle & bone development. Growing prevalence of diseases such as swine fever, mad cow disease, bird flu, and listeriosis have increased concerns among farmers to use additives in animal which should boost feed phytogenics market outlook.
 

The European Food Safety Authority (EFSA) regulates issues and concerns related to feed additives. EFSA established Food Supplements Directive (FSD) in order to list the allowable vitamins, minerals, labeling requirements. The directive calls for the establishment of harmonized minimum and maximum dosage. These regulations are helping manufactures to produce high quality & innovative products and guiding farmers on proper dosage which should boost product demand.
 

Feed Phytogenics Market Report Coverage
Report Coverage Details
Base Year: 2020 Market Size in 2020: 684 Million (USD)
Historical Data for: 2015 to 2019 Forecast Period: 2020 to 2026
Forecast Period 2020 to 2026 CAGR: 3.5% 2026 Value Projection: 790 Billion (USD)
Pages: 220 Tables, Charts & Figures: 263
Geographies covered (31): U.S., Canada, Mexico, Germany, France, UK, Netherlands, Poland, Belgium, Spain, Russia, Italy, China, India, Japan, Indonesia, Philippines, South Korea, Taiwan, Thailand, Vietnam, Australia, Malaysia, Brazil Argentina, Peru, Chile, Colombia, Nigeria, South Africa, Turkey
Segments covered: Product, Livestock
Companies covered (24): Phytobiotics Futterzusatzstoffe, GmbH, DowDuPont, Biomin GmbH, Igusol, Delacon Biotechnik GmbH, Natural Remedies Pvt. Ltd, Nor-Feed. Nutricare Life Sciences Limited, Phytosynthese, Dostofarm GmbH, Indian Herbs Specialties, Natural Herbs & Formulations, Ayurvet Limited, Himalaya, Amorvet, Synthite Industries, Unique Organics, Akay Group, AVT Natural Products, Vinayak Ingredients, ROHA A JJT Group
Growth Drivers:
  • Asia Pacific: Increasing meat consumption
  • Europe: Antibiotics ban benefiting feed phytogenics demand
  • North America: Increasing inclination towards natural growth promoters (NGPs) demand
Pitfalls & Challenges:
  • Lack of systematic evaluations as feed additive

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Rapid adoption of essential oils to strengthen immunity and reduce outbreak of livestock diseases to boost market demand

Feed Phytogenics from Essential Oil

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Global feed phytogenics market share is segmented by product into herbs & spices, essential oils, and oleoresins. Increasing prevalence of poultry diseases such as bird & seasonal flu is encouraging farmers to opt for essential oil derived feed phytogenics. They help in strengthening the immune system against water & air borne contaminants, and aid in proper growth. Rich concentration of vital amino acids and vitamins increases muscle density and improves meat texture which is likely to fuel the feed phytogenics industry demand.
 

Increasing awareness on benefits of essential oils in supplementing animal feed is likely to boost market trends. Essential oils-based feed phyotgenics are easy to digest and aid in boosting various life sustaining metabolic processes which is increasing product penetration in market. Additionally, industry players are investing in research to extract pure essential oils to supplement animal feed which should trigger feed phytogenics market statistics.
 

Rising seafood consumption and increasing cases of bacterial infections to boost market demand in aquaculture industry

Feed Phytogenics Market from Aquatic

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Rising seafood consumption, increasing demand for derivative products like cod liver oil, caviar, and fish meals is likely to boost adoption of feed phyotgenics. Marigold & seed derived oleoresins are widely used to supplement fish feed owing to rich concentration of antioxidants, and omega 3 acids which is likely to boost feed phytogenics market demand.
 

Phytogenics compounds in aquatic applications help in reducing feed costs and boosts production. Fish nutritionists, feed manufacturers and fish producers are investing in feed additive which can balance the combination of cost-effective feed ingredient and improve nutrient utilization. This has led to increased demand for phytogenic additives in aquafeed.
 

Increasing prevalence of bacterial & infections and tumors in salmon, trout, lobsters, and prawns is making industry players to manufacture specialized feed phytogenic products. They aid in healthy development of fish, reduce the risk of common diseases such as fin root, dropsy, and fungal infections which is making breeders to opt for high quality feed which should augment feed phyotgenics industry share.
 

Rising dairy and cheese consumption in Asia Pacific to increase adoption of feed phyotgenics in ruminant diets

Asia Pacific Feed Phytogenics Market

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Asia Pacific feed phytogenics market is expected to register over 3.5% CAGR from 2020 to 2026. Increasing demand for dairy and high-quality cheese preparations should encourage the use of feed phytogenics. Industry players in the region are investing in research are developing specialized solutions for ruminants to increase the quantity and quality of milk which should augment regional market demand.
 

Increasing per capita income in Asia Pacific coupled with the improving lifestyle has led to high demand for superior quality meat. In addition, an increasing awareness about livestock diseases has led to the adoption of better animal nutrition practices which is expected to play a major role in driving feed phytogenics market statistics.
 

Changing consumer perceptions on nutrition and stringent regulations on quality of milk, cheese and other by products is rapidly making farmers to opt for high quality feed phyotogenics. Additionally, manufactures are investing in strategic & consolidation measures to capitalize on emerging sustainability and animal rights issues which is likely to stimulate global industry outlook.
 

Partnerships, new product development, and marketing initiatives among industry players to monopolize on emerging trends remains pivotal growth strategy

Feed phytogenics market is fragmented and major players include Phytobiotics Futterzusatzstoffe GmbH, DowDuPont, Biomin GmbH, Igusol, Delacon Biotechnik GmbH, Natural Remedies Pvt. Ltd, Nor-Feed. Nutricare Life Sciences Limited, Phytosynthese, Dostofarm GmbH, Indian Herbs Specialties, Natural Herbs & Formulations, Ayurvet Limited, Himalaya, Amorvet, Synthite Industries, Unique Organics, Akay Group, AVT Natural Products, and Vinayak Ingredients. Industry players are rapidly investing in R&D to capitalize on emerging trends towards high performance, immunity boosting, natural, and economical feed solutions.
 

In May 2017, Kemin industries in cooperation with its Philippines distributor, Peakhealth Inc. hosted three Antibiotic Alternative (ABA) solutions. These seminars were aimed at helping customers navigate antibiotic free animal feed trends. During this seminar, speakers shared the recent global trends in antibiotic alternatives and an overview of the regulatory status on the use of Antibiotic as growth promoter.
 

In November 2016, Igusol sponsored a seminar in Taiwan on innovative feed additives in cooperation with distributors in that area. Audience included sub distributors, veterinaries, big local manufactures from various provinces. Conference dealt with several topics on animal feed additive usage, its effect and impacts on gut live and health. During this seminar, company representatives explained about benefits of using Igusol products
 

In October 2016, Biomin announced its plans to launch a new feed phytogenic product. Company sees feed phytogenic additives market to be very fragmented and there is enough space for new products. Company calls this product as a next generation of Digestaron for and includes utilization of new technology for which patent has been applied.
 

In November 2014, Pancosma signed exclusive distribution agreement with Zamira, covering territories of India, Bangladesh, Sri Lanka, and Nepal. Zamira will distribute and support Pancosma products in Asia including B-TRAXIM, mineral trace elements, Carbovet Toxin Binders and X TRACT protected and standardized plant extracts.
 

Feed Phytogenics market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2015 to 2026, for the following segments:
 

By Product

  • Essential Oils
  • Herbs & Spices
  • Oleoresins
  • Others

By Livestock

  • Poultry
  • Swine
  • Ruminant
  • Aquatic
  • Equine
  • Others

The above information has been provided for the following regions:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Netherlands
    • Poland
    • Belgium
    • Spain
    • Russia
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Philippines
    • Indonesia
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
    • Malaysia
    • Australia
  • Central & South America (CSA)
    • Brazil
    • Argentina
    • Peru
    • Chile
    • Colombia
  • Middle East & Africa (MEA)
    • Nigeria
    • South Africa
    • Turkey

 

Frequently Asked Questions (FAQ) :

Rising meat consumption and increasing consumer awareness regarding quality of animal derived end products will be key driving factors for the growth of market worldwide.
The APAC feed phytogenics industry will witness over 3.5% CAGR from 2020 to 2026.
Phytobiotics Futterzusatzstoffe GmbH, DowDuPont, Biomin GmbH, Igusol, Delacon Biotechnik GmbH, Natural Remedies Pvt. Ltd, Nor-Feed. Nutricare Life Sciences Limited, Phytosynthese, Dostofarm GmbH, Indian Herbs Specialties, Natural Herbs & Formulations, Ayurvet Limited, Himalaya, Amorvet, Synthite Industries, Unique Organics, Akay Group, AVT Natural Products, and Vinayak Ingredients are key companies operating in the global market for feed phytogenics.

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Premium Report Details

  • Published Date: Mar 2020
  • Pages: 220
  • Tables: 222
  • Charts / Figures: 41
  • Companies covered: 24
  • Countries covered: 31

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