Feed phytogenic, known as phytobiotics or botanicals, have emerged as a promising alternative to traditional feed additives. These natural plant-derived compounds offer various benefits, such as improving feed efficiency, boosting immunity, and enhancing overall animal health. As consumer demand for natural and additive-free animal products grows, the feed phytogenics market has witnessed significant expansion. This article provides an overview of the feed phytogenics market, including its scope, drivers, restraints, segmentation, regional analysis, industry news, and key players.
Feed Phytogenic Market Research is projected to register a CAGR of 6.10% to reach USD Global Feed Phytogenic Market by the end of 2028.
Market Scope
The feed phytogenics market encompasses a wide range of plant-based products used as feed additives for various livestock species, including poultry, swine, ruminants, and aquaculture. Phytogenic additives are available in various forms, such as essential oils, herbs, spices, and oleoresins. These natural compounds are known for their bioactive properties, which promote digestion, improve gut health, and enhance nutrient utilization, leading to improved animal performance and reduced dependence on antibiotics and other synthetic additives.
Drivers and Restraints
Drivers:
Growing Demand for Natural Products: The rising global concern over the usage of synthetic additives in animal feed has spurred the demand for natural alternatives like phytogenics, which are perceived as safer and environmentally friendly.
Health Benefits for Livestock: Feed phytogenics offer several health benefits, such as antioxidant, anti-inflammatory, and anti-microbial properties, leading to improved growth, better immune response, and reduced incidence of diseases in animals.
Regulatory Support: Governments in various countries are increasingly supportive of natural feed additives and have implemented regulations encouraging the use of phytogenics as alternatives to synthetic additives.
Shifting Consumer Preferences: Consumers are increasingly seeking products from animals raised using natural and sustainable practices, encouraging livestock producers to adopt phytogenic additives.
Request for free sample copy: https://www.marketresearchfuture.com/reports/feed-phytogenic-market-8184
Restraints:
High Product Cost: Feed phytogenics can be relatively expensive compared to traditional additives, which might hinder their adoption, especially in price-sensitive markets.
Lack of Standardization: The wide variety of phytogenic products available in the market may lack standardization in terms of efficacy, potency, and quality, leading to inconsistent results.
Limited Knowledge: Some livestock producers may be hesitant to use feed phytogenics due to limited awareness of their benefits and how to use them effectively.
Segmentation
The feed phytogenics market can be segmented based on the type of livestock, type of phytogenic product, and form of the product.
By Livestock Type:
Poultry
Swine
Ruminants
Aquaculture
By Type of Phytogenic Product:
Essential Oils
Herbs Spices
Oleoresins
Others
By Form:
Liquid
Powder
Solid
Regional Analysis
The feed phytogenics market has a global presence, with significant growth observed in various regions.
North America: The region has been an early adopter of feed phytogenics, driven by the increasing demand for natural and organic animal products. The United States and Canada are the key markets in this region.
Europe: European countries have stringent regulations on the usage of synthetic additives in animal feed, propelling the demand for feed phytogenics. Germany, France, and the Netherlands are prominent markets in Europe.
Asia-Pacific: Rapid urbanization, increasing disposable income, and a growing focus on food safety have boosted the demand for phytogenics in this region. China, India, and Southeast Asian countries are significant markets.
Latin America: The Latin American feed phytogenics market is experiencing steady growth, driven by the rising awareness of sustainable livestock practices and the export-oriented meat industry.
Middle East Africa: Growing meat consumption, urbanization, and the focus on animal welfare are driving the demand for phytogenic additives in the region.
Industry News
Recent developments in the feed phytogenics market include:
Introduction of innovative phytogenic blends targeting specific livestock species and production stages to optimize animal performance and reduce feed costs.
Research and development efforts to standardize and enhance the efficacy of phytogenic products.
Collaborations between feed additive companies, livestock producers, and research institutions to develop customized and region-specific phytogenic solutions.
Key Feed Phytogenic market Players include Biomin GmbH (Austria), Cargill, Incorporated (US), DuPont (US), Kemin Industries, Inc. (US), Bluestar Adisseo Company (China), Phytobiotics Futterzusatzstoffe GmbH (Germany), Synthite Industries Ltd. (India), The Himalaya Drug Company (India), Pancosma (Switzerland), ostofarm GmbH (Germany), Delacon Biotechnik GmbH (Austria), NOR-FEED (France), Phytosynthese (France), IGUSOL S.A. (Spain), Natura Feed Ingredients (US), Silvateam S.p.a. (Italy), NUTREX BE (Japan), AA Pharmachem Inc. (Canada), and Natural Remedies (India).
Distillers Dried Grains with Solubles (DDGS) Market Research Report Information By Sources (Organic, and Synthetic), By Application (Soil, Foliar, Fertigation, and others), By Form (Nitrogen, Potassium, Phosphate, and others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
Feed Phytobiotics Market Research Report Information by Source (Herbs Spices, Botanicals, Essential Oils, and Oleoresins), Livestock (Ruminants, Poultry, Swine, and Others), Function (Performance and Palatability), and Region (North America, Europe, Asia-Pacific, and Rest of the World) Forecast till 2030
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
PH no.: +1 646 845 9312
