- Oleoresins
- Essential oils
- Herbs & spices
Phytogenic Feed Additives Market size was valued at USD 810.21 million in 2022 and is poised to grow at a CAGR of 9.5% from 2023-2029. Feed photogenic are the wide variety of plant-derived products like spices, herbs, and products used to feed animals in order to improve the performance of agricultural livestock. The photogenic feed compounds possess an antioxidant property that contributes to the protection of feed lipids from oxidative damage. Some of the other beneficial properties of feed phytogenic are antiviral, antifungal, antimicrobial, etc. Feed phytogenics are widely available as dried and ground materials, extracts or essential oils. Rising concerns relating to antibiotic growth promoters have resulted in a shift towards the use of alternate growth-promoting agents in animal nutrition. The phytogenic Feed Additives market is moderately competitive and less concentrated due to the presence of few firms. Companies are adopting various growth strategies such as new product developments and launches, acquisitions, collaborations, agreements, etc. to ensure their presence in the market. Feed palatability enhancers are gaining a substantial position in Phytogenic Feed Additives as they were highly influential in increasing food intake in animals. The use of essential oils as Phytogenic Feed Additives in animal feed is also increasing as its substitute's antibiotic growth promoters have been banned as feed additives in EU since 2006 and by U.S.FDA by December 2016. In 2017 July, Delacon and Cargill entered into a strategic partnership to produce and market natural and plant-based feed additives on a global scale. In 2017 March, Biomin launched its innovative next-generation feed phytogenic Digestarom.
Phytogenic Feed Additives Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
9.5%
Largest Market
Asia Pacific
Fastest Growing Market
Asia Pacific
Phytogenic Feed Additives Market Dynamics
Intense practice of selective breeding and growing awareness among the consumers regarding quality of the meat and increased consumption of meat around the world are the major factors which are driving the market growth of Phytogenic Feed Additives. Furthermore, growing demand for nutritive feed, increasing number of livestock, sustainable animal nutrition products, growing management of feed operating costs are the few other factors which are booming the market growth of the Phytogenic Feed Additives. However, lack of efficacy of these products because of their complex nature and unpleasant taste and odour are the factors which are hampering the growth of the Phytogenic Feed Additives market.
Asia Pacific Got Significant Share
Phytogenic Feed Additives Market Regional Analysis
On the basis of Geographical regions, Phytogenic Feed Additives Market is classified as into five key regions as Europe, Asia- Pacific, North America, Europe, Middle East & Africa and Latin America. APAC region is projected to acquire relatively high market share in Phytogenic Feed Additives market globally owing to the continuous investments by the manufacturers to expand their geographical presence in emerging economies. Europe is anticipated to show rapid growth in Phytogenic Feed Additives market due to ban of antibiotic feed additives by the European Union. North America is also experiencing rapid growth in production capacity of phytogenic feed as a rise demand for the poultry products.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Phytogenic Feed Additives Market Segmentation
By Type
By Livestock
- Ruminants
- Swine
- Equine
- Poultry
- Canine
- Faline
- Aquatics
By Function
- Palatability Enhancers
- Performance Enhancers
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Frequently Asked Questions
photogenic feed additives market is projected to expand at a CAGR of 9.5% during the forecast period.
I. du Pont de Nemours and Company (U.S.), Cargill, Incorporated. (U.S.), Photosynthesis (France), KeminIndustries, Inc. (U.S.), BIOMIN Holding GmbH (Austria.), Delacon Biotechnik GmbH (Austria)
Asia Pacific is the fastest-growing region for phytogenic feed additives market
| 1.Executive Summary |
| 2.Global Phytogenic Feed Additives Market Introduction |
| 2.1.Global Phytogenic Feed Additives Market - Taxonomy |
| 2.2.Global Phytogenic Feed Additives Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Livestock |
| 2.2.3.Function |
| 2.2.4.Region |
| 3.Global Phytogenic Feed Additives Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Phytogenic Feed Additives Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Phytogenic Feed Additives Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Oleoresins |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Essential oils |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Herbs & spices |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Phytogenic Feed Additives Market By Livestock, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Ruminants |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Swine |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Equine |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Poultry |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Canine |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Faline |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Aquatics |
| 6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7.Global Phytogenic Feed Additives Market By Function, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Palatability Enhancers |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Performance Enhancers |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.Global Phytogenic Feed Additives Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Phytogenic Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Oleoresins |
| 9.1.2.Essential oils |
| 9.1.3.Herbs & spices |
| 9.2. Livestock Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Ruminants |
| 9.2.2.Swine |
| 9.2.3.Equine |
| 9.2.4.Poultry |
| 9.2.5.Canine |
| 9.2.6.Faline |
| 9.2.7.Aquatics |
| 9.3. Function Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Palatability Enhancers |
| 9.3.2.Performance Enhancers |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Phytogenic Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Oleoresins |
| 10.1.2.Essential oils |
| 10.1.3.Herbs & spices |
| 10.2. Livestock Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Ruminants |
| 10.2.2.Swine |
| 10.2.3.Equine |
| 10.2.4.Poultry |
| 10.2.5.Canine |
| 10.2.6.Faline |
| 10.2.7.Aquatics |
| 10.3. Function Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Palatability Enhancers |
| 10.3.2.Performance Enhancers |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Phytogenic Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Oleoresins |
| 11.1.2.Essential oils |
| 11.1.3.Herbs & spices |
| 11.2. Livestock Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Ruminants |
| 11.2.2.Swine |
| 11.2.3.Equine |
| 11.2.4.Poultry |
| 11.2.5.Canine |
| 11.2.6.Faline |
| 11.2.7.Aquatics |
| 11.3. Function Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Palatability Enhancers |
| 11.3.2.Performance Enhancers |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Phytogenic Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Oleoresins |
| 12.1.2.Essential oils |
| 12.1.3.Herbs & spices |
| 12.2. Livestock Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Ruminants |
| 12.2.2.Swine |
| 12.2.3.Equine |
| 12.2.4.Poultry |
| 12.2.5.Canine |
| 12.2.6.Faline |
| 12.2.7.Aquatics |
| 12.3. Function Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Palatability Enhancers |
| 12.3.2.Performance Enhancers |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Phytogenic Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Oleoresins |
| 13.1.2.Essential oils |
| 13.1.3.Herbs & spices |
| 13.2. Livestock Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Ruminants |
| 13.2.2.Swine |
| 13.2.3.Equine |
| 13.2.4.Poultry |
| 13.2.5.Canine |
| 13.2.6.Faline |
| 13.2.7.Aquatics |
| 13.3. Function Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Palatability Enhancers |
| 13.3.2.Performance Enhancers |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.I. du Pont de Nemours and Company (U.S.) |
| 14.2.2.Cargill, Incorporated. (U.S.) |
| 14.2.3.Phytosynthese (France) |
| 14.2.4.Kemin Industries, Inc. (U.S.) |
| 14.2.5.BIOMIN Holding GmbH (Austria.) |
| 14.2.6.Delacon Biotechnik GmbH (Austria) |
| 14.2.7.PANCOSMA SA (Switzerland) |
| 14.2.8.DOSTOFARM GmbH (Germany) |
| 14.2.9.Phytobiotics Futterzusatzstoffe GmbH (Germany) |
| 14.2.10.A&A Pharmachem Inc. (Canada) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- I. du Pont de Nemours and Company (U.S.)
- Cargill, Incorporated. (U.S.)
- Phytosynthese (France)
- Kemin Industries, Inc. (U.S.)
- BIOMIN Holding GmbH (Austria.)
- Delacon Biotechnik GmbH (Austria)
- PANCOSMA SA (Switzerland)
- DOSTOFARM GmbH (Germany)
- Phytobiotics Futterzusatzstoffe GmbH (Germany)
- A&A Pharmachem Inc. (Canada)