The global market for Feed Phytogenics was valued at US$875.6 Million in 2024 and is projected to reach US$1.3 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Feed Phytogenics Market - Key Trends & Drivers Summarized
What Are Feed Phytogenics and Their Benefits?
Feed phytogenics are natural additives derived from plants, including herbs, spices, and essential oils, used in animal nutrition to improve performance, health, and feed efficiency. These additives are incorporated into animal feed to enhance digestion, boost the immune system, and provide antimicrobial properties. Feed phytogenics are known for their natural and sustainable benefits, making them an attractive alternative to synthetic additives and antibiotics. They are used in various livestock sectors, including poultry, swine, ruminants, and aquaculture, to promote growth, improve feed intake, and enhance overall animal health.How Are Technological Advancements Shaping This Market?
Technological advancements are significantly shaping the feed phytogenics market. Advances in extraction and formulation technologies are improving the efficacy and stability of phytogenic additives. Encapsulation techniques are being developed to protect the active ingredients and ensure their controlled release in the digestive system. The integration of precision nutrition and data analytics is enabling the customized formulation of feed phytogenics based on specific animal needs and production goals. Additionally, research and development in plant science are identifying new phytogenic compounds with potential health benefits, expanding the range of available additives.What Role Do Market Demands Play in This Industry?
Market demands are driving significant changes in the feed phytogenics market. The increasing consumer preference for natural and sustainable animal products is boosting demand for phytogenic additives. The growing awareness of antibiotic resistance and the push for antibiotic-free meat and dairy products are prompting livestock producers to adopt natural alternatives like feed phytogenics. The emphasis on animal welfare and the need for improved animal health and performance are also influencing market trends. Additionally, the expansion of the livestock industry, particularly in emerging markets, is driving demand for effective and sustainable feed additives.What Factors Are Driving Market Growth?
The growth in the feed phytogenics market is driven by several factors, including the increasing consumer demand for natural and sustainable animal products, advancements in phytogenic formulations, and the rising awareness of antibiotic resistance. The shift towards antibiotic-free meat and dairy products is a significant driver, as livestock producers seek natural alternatives to synthetic additives. Technological innovations in extraction and encapsulation are enhancing the effectiveness and stability of feed phytogenics. The expansion of the livestock industry and the growing emphasis on animal health and welfare are also propelling market growth. Additionally, the increasing focus on precision nutrition and customized feed solutions is driving the adoption of feed phytogenics. These factors collectively ensure robust growth in the feed phytogenics market.Scope of the Study
The report analyzes the Feed Phytogenics market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Product Type (Essential Oils, Flavonoids, Saponins, Oleoresins, Other Product Types); Source (Herbs & Spices, Flowers, Fruits & Vegetables); Animal Type (Poultry, Swine, Ruminants, Other Animal Types).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Essential Oils segment, which is expected to reach US$603.9 Million by 2030 with a CAGR of a 7.2%. The Flavonoids segment is also set to grow at 6.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $216.8 Million in 2024, and China, forecasted to grow at an impressive 8.1% CAGR to reach $223.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Adisseo France S.A.S, Cargill, Incorporated, Dostofarm GmbH, Kemin Industries, Inc., Natural Remedies Private Limited and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Feed Phytogenics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Feed Phytogenics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Feed Phytogenics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 79 major companies featured in this Feed Phytogenics market report include:
- Adisseo France S.A.S
- Cargill, Incorporated
- Dostofarm GmbH
- Kemin Industries, Inc.
- Natural Remedies Private Limited
- Pancosma SA
- Phytobiotics Futterzusatzstoffe GmbH
- Phytosynthese SASU
Table of Contents
I. METHODOLOGYMII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CHINA
EUROPE
ASIA-PACIFIC
INDIA
Companies Mentioned
- Adisseo France S.A.S
- Cargill, Incorporated
- Dostofarm GmbH
- Kemin Industries, Inc.
- Natural Remedies Private Limited
- Pancosma SA
- Phytobiotics Futterzusatzstoffe GmbH
- Phytosynthese SASU
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 516 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 875.6 Million |
Forecasted Market Value ( USD | $ 1300 Million |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |