Global Feed Phytogenic Market

Feed Phytogenic Market Size, Share, Growth Analysis, By Type(Essential oils, Herbs & spices, Oleoresins, and others), By Livestock(Poultry, Ruminants, Swine, Aquaculture), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30H2119 | Region: Global | Published Date: March, 2024
Pages: 198 |Tables: 66 |Figures: 75

Feed Phytogenic Market Insights

Global Feed Phytogenic Market size was valued at USD 0.86 billion in 2022 and is poised to grow from USD 0.92 billion in 2023 to USD 1.61 billion by 2031, at a CAGR of 7.2% during the forecast period (2024- 2031).

The global feed phytogenic market is witnessing substantial growth due to increasing demand for natural feed additives and a shift towards sustainable animal farming practices.

Phytogenics, derived from plants, offer various benefits such as improved digestion, enhanced feed efficiency, and reduced reliance on antibiotics.

Rising consumer awareness about food safety and quality, coupled with stringent regulations on antibiotic use in animal feed, are driving the adoption of phytogenics.

As the livestock industry focuses on healthier and more environmentally friendly production methods, the feed phytogenic market is poised for continued expansion, providing a natural and effective solution for optimizing animal nutrition and performance.

US Feed Phytogenic Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 0.86 billion

Largest Segment

Essential oils

Fastest Growth

Herbs & spices

Growth Rate

7.2% CAGR

Global Feed Phytogenic Market ($ Bn)
Country Share for North America(%)

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Feed Phytogenic Market Segmental Analysis

The global feed phytogenic market can be segmented by type, livestock, and region. Based on type, the market is divided into essential oils, herbs & spices, oleoresins, and others. Livestock segmentation includes poultry, ruminants, swine, aquaculture, and others. Geographically, the market is analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Feed Phytogenic Market Analysis By Type

The largest sector is essential oils, which are derived from plants and possess various beneficial properties such as antimicrobial, antioxidant, and anti-inflammatory effects. Essential oils are widely used in animal feed to enhance overall health and performance. On the other hand, the fastest-growing sector in the feed phytogenic market is herbs & spices. With increasing consumer demand for natural and sustainable animal products, there is a growing interest in incorporating herbal and spice extracts into animal diets.

Feed Phytogenic Market Analysis By Application

The global feed phytogenic market can be segmented by livestock into various categories such as poultry, swine, ruminants, aquaculture, and others. Among these, the largest sector in the feed phytogenic market is often attributed to poultry production. Poultry farming has been a dominant segment due to its large-scale demand for improved feed efficiency, disease prevention, and overall performance enhancement, which feed phytogenics can provide. On the other hand, the fastest growing sector in this market is frequently associated with aquaculture. As the demand for seafood and aquatic products continues to rise, aquaculture has been experiencing significant expansion.

Global Feed Phytogenic Market by Type, 2023 (%)

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Feed Phytogenic Market Regional Insights

The global feed phytogenic market showcases diverse regional trends. In North America, a focus on natural feed additives for animal health is driving market growth. Europe emphasizes reducing antibiotic use in livestock through phytogenic solutions. Asia Pacific witnesses increasing adoption of phytogenics to enhance animal performance and combat disease. Latin America experiences a shift towards sustainable livestock practices, boosting demand for feed phytogenics. The Middle East and Africa region is exploring phytogenic additives to improve feed efficiency in challenging environments. These regional dynamics collectively shape the evolving landscape of the global feed phytogenic market.

Global Feed Phytogenic Market by Region, 2024-2031
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Feed Phytogenic Market Dynamics

Feed Phytogenic Market Drivers

Increasing Demand for Natural Feed Additives

  • There has been a growing trend toward using natural and sustainable feed additives in livestock production to address consumer preferences for food safety and quality. Phytogenics, which are plant-derived compounds, are considered natural alternatives to conventional synthetic additives, and their demand has risen due to their potential benefits in improving animal performance and health.

Health and Performance Benefits

  • Feed phytogenics are believed to offer several health and performance benefits to livestock, such as improved digestion, enhanced nutrient utilization, and reduced stress. These compounds can contribute to better feed conversion rates and overall animal well-being, which can result in improved productivity and profitability for farmers and producers.

Feed Phytogenic Market Restraints

Limited Scientific Research and Data

  • While there is growing interest in feed phytogenics, the scientific understanding of their modes of action and long-term effects on animal health and production is still evolving. The lack of comprehensive and standardized research data can hinder the widespread adoption of phytogenics in animal diets, as stakeholders may require more evidence of their efficacy and safety.

Regulatory Challenges and Approval

  • The use of feed additives, including phytogenics, is subject to regulatory oversight in different regions. Obtaining regulatory approvals for new feed additives can be a time-consuming and costly process. In some cases, inconsistent or stringent regulations can pose challenges for companies looking to introduce phytogenics to new markets, potentially limiting their adoption.

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Feed Phytogenic Market Competitive Landscape

The global feed phytogenic market features intense competition among key players striving to innovate and capture market share. Established companies like Cargill, DuPont, and Delacon are leveraging their robust research capabilities and strategic partnerships to develop advanced phytogenic solutions. Meanwhile, emerging players such as BIOMIN and Nutriad are rapidly gaining traction by offering specialized formulations and expanding their distribution networks. This competitive landscape is characterized by continuous product enhancements, aggressive marketing strategies, and a focus on sustainable and natural feed additives, driving a dynamic and evolving market environment.

Feed Phytogenic Market Top Player’s Company Profiles

  • Delacon Biotechnik GmbH - Austria
  • Cargill, Incorporated - USA
  • DuPont (now part of Danisco, a subsidiary of IFF) - USA
  • BIOMIN Holding GmbH - Austria
  • Pancosma (part of ADM) - Switzerland
  • A&A Pharmachem - India
  • Silvateam S.p.A. - Italy
  • Natural Remedies - India
  • Nor-Feed - France
  • Nutriad International NV (part of ADM) - Belgium
  • Phytobiotics Futterzusatzstoffe GmbH - Germany
  • Kemin Industries, Inc. - USA
  • Vinh Hoan Corporation - Vietnam
  • Amlan International (part of Oil-Dri Corporation of America) - USA
  • Dostofarm GmbH - Germany
  • Norel S.A. - Spain
  • Pestell Minerals & Ingredients Inc. - Canada
  • Silvateam S.p.A. - Italy
  • Alltech - USA
  • Phytobiotics Futterzusatzstoffe GmbH - Germany

Feed Phytogenic Market Recent Developments

  • In January 2023, Kemin Industries Inc., a leading manufacturer of feed phytogenics, announced the launch of its new product, Kemin PhytoGenics® Immune+.
  • In February 2023, Alltech Inc., another leading manufacturer of feed phytogenics, announced the opening of a new research and development facility in China.
  • In March 2023, the European Union approved the use of a new feed phytogenic, oregano oil, for use in poultry feed.

Feed Phytogenic Key Market Trends

  • Growing Demand for Natural Feed Additives: One of the significant trends in the feed phytogenic market is the increasing demand for natural and sustainable feed additives. Consumers are becoming more conscious of the food they consume, and this is extending to animal products. Phytogenics, derived from herbs, spices, and other natural sources, are seen as a viable alternative to synthetic additives like antibiotics and growth promoters. They are believed to improve animal health, performance, and overall product quality.
  • Shift Towards Antibiotic-Free Animal Production: The global movement towards reducing the use of antibiotics in animal production has spurred interest in feed additives that can support animal health and performance without the need for antibiotics. Feed phytogenics have been researched for their potential to enhance gut health, digestion, and immunity in animals. As regulations and consumer preferences push for antibiotic-free and more sustainable animal farming practices, the use of phytogenics as an alternative is expected to grow.
  • Focus on Livestock Productivity and Performance: Livestock producers are continually seeking ways to improve the productivity and performance of their animals. Feed phytogenics are being explored for their potential to enhance feed efficiency, nutrient utilization, and growth rates in animals. These additives are believed to have positive effects on nutrient absorption, gut health, and immune function, ultimately leading to improved overall performance and profitability for producers.

Feed Phytogenic Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, the global feed phytogenic market holds promising future prospects as the demand for natural feed additives continues to surge in the livestock industry. Phytogenics, derived from plants, offer sustainable solutions for enhancing animal health, growth, and overall performance while reducing the need for antibiotics and synthetic additives. The growing consumer preference for organic and naturally sourced products has driven the adoption of phytogenics as they align with sustainable and health-conscious trends. Additionally, stringent regulations on antibiotic use in animal agriculture further bolster the market's growth, prompting producers to seek alternative solutions. As research and innovation continue to expand the efficacy and application of phytogenic compounds, the market is poised to witness substantial growth, providing opportunities for manufacturers, farmers, and the industry as a whole to embrace a more natural and environmentally friendly approach to animal nutrition.

Report Metric Details
Market size value in 2023 USD 0.86 billion
Market size value in 2031 USD 1.61 billion
Growth Rate 7.2%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Essential oils, Herbs & spices, Oleoresins, and others
  • Livestock
    • Poultry, Ruminants, Swine, Aquaculture, and others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Delacon Biotechnik GmbH - Austria
  • Cargill, Incorporated - USA
  • DuPont (now part of Danisco, a subsidiary of IFF) - USA
  • BIOMIN Holding GmbH - Austria
  • Pancosma (part of ADM) - Switzerland
  • A&A Pharmachem - India
  • Silvateam S.p.A. - Italy
  • Natural Remedies - India
  • Nor-Feed - France
  • Nutriad International NV (part of ADM) - Belgium
  • Phytobiotics Futterzusatzstoffe GmbH - Germany
  • Kemin Industries, Inc. - USA
  • Vinh Hoan Corporation - Vietnam
  • Amlan International (part of Oil-Dri Corporation of America) - USA
  • Dostofarm GmbH - Germany
  • Norel S.A. - Spain
  • Pestell Minerals & Ingredients Inc. - Canada
  • Silvateam S.p.A. - Italy
  • Alltech - USA
  • Phytobiotics Futterzusatzstoffe GmbH - Germany
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Feed Phytogenic Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Feed Phytogenic Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Feed Phytogenic Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Feed Phytogenic Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Feed Phytogenic Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Feed Phytogenic Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Feed Phytogenic Market size was valued at USD 0.86 billion in 2022 and is poised to grow from USD 0.92 billion in 2023 to USD 1.61 billion by 2031, at a CAGR of 7.2% during the forecast period (2024- 2031).

The feed phytogenic market features intense competition among key players striving to innovate and capture market share. Established companies like Cargill, DuPont, and Delacon are leveraging their robust research capabilities and strategic partnerships to develop advanced phytogenic solutions. Meanwhile, emerging players such as BIOMIN and Nutriad are rapidly gaining traction by offering specialized formulations and expanding their distribution networks. This competitive landscape is characterized by continuous product enhancements, aggressive marketing strategies, and a focus on sustainable and natural feed additives, driving a dynamic and evolving market environment. 'Delacon Biotechnik GmbH - Austria', 'Cargill, Incorporated - USA', 'DuPont (now part of Danisco, a subsidiary of IFF) - USA', 'BIOMIN Holding GmbH - Austria', 'Pancosma (part of ADM) - Switzerland', 'A&A Pharmachem - India', 'Silvateam S.p.A. - Italy', 'Natural Remedies - India', 'Nor-Feed - France', 'Nutriad International NV (part of ADM) - Belgium', 'Phytobiotics Futterzusatzstoffe GmbH - Germany', 'Kemin Industries, Inc. - USA', 'Vinh Hoan Corporation - Vietnam', 'Amlan International (part of Oil-Dri Corporation of America) - USA', 'Dostofarm GmbH - Germany', 'Norel S.A. - Spain', 'Pestell Minerals & Ingredients Inc. - Canada', 'Silvateam S.p.A. - Italy', 'Alltech - USA', 'Phytobiotics Futterzusatzstoffe GmbH - Germany'

There has been a growing trend toward using natural and sustainable feed additives in livestock production to address consumer preferences for food safety and quality. Phytogenics, which are plant-derived compounds, are considered natural alternatives to conventional synthetic additives, and their demand has risen due to their potential benefits in improving animal performance and health.

Growing Demand for Natural Feed Additives: One of the significant trends in the feed phytogenic market is the increasing demand for natural and sustainable feed additives. Consumers are becoming more conscious of the food they consume, and this is extending to animal products. Phytogenics, derived from herbs, spices, and other natural sources, are seen as a viable alternative to synthetic additives like antibiotics and growth promoters. They are believed to improve animal health, performance, and overall product quality.

The feed phytogenic market showcases diverse regional trends. In North America, a focus on natural feed additives for animal health is driving market growth. Europe emphasizes reducing antibiotic use in livestock through phytogenic solutions. Asia Pacific witnesses increasing adoption of phytogenics to enhance animal performance and combat disease. Latin America experiences a shift towards sustainable livestock practices, boosting demand for feed phytogenics. The Middle East and Africa region is exploring phytogenic additives to improve feed efficiency in challenging environments. These regional dynamics collectively shape the evolving landscape of the feed phytogenic market.

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