USD 850.01 million
Report ID:
SQMIG30H2119 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|Tables:
66
|Figures:
75
Feed Phytogenic Market size was valued at USD 850.01 million in 2023 and is poised to grow from USD 911.2 million in 2024 to USD 1589.18 million by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).
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 - 2025-2032
Global Market Size
USD 850.01 million
Largest Segment
Essential oils
Fastest Growth
Herbs & spices
Growth Rate
7.2% CAGR
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Global Feed Phytogenic Market is segmented by Type, Livestock, Source, Function, Form and region. Based on Type, the market is segmented into Essential oils, Flavonoids, Saponins, Oleoresins and Others (Mucilage, Tannins, Bitter Substances, and Pungent Substances). Based on Livestock, the market is segmented into Poultry, Swine, Ruminants, Aquatic animals and Others (Pets and Equine). Based on Source, the market is segmented into Herbs & spices, Flowers and Fruits & vegetables. Based on Function, the market is segmented into Performance enhancers, Antimicrobial properties, Palatability enhancers and Others. Based on Form, the market is segmented into Dry and Liquid. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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.
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.
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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.
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Increasing Demand for Natural Feed Additives
Health and Performance Benefits
Limited Scientific Research and Data
Regulatory Challenges and Approval
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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.
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 850.01 million |
Market size value in 2032 | USD 1589.18 million |
Growth Rate | 7.2% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Million |
Segments covered |
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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 |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
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.
Feed Phytogenic Market size was valued at USD 0.92 Billion in 2023 and is poised to grow from USD 0.99 Billion in 2024 to USD 1.73 Billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).
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. '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 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.
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