Global Feed Phytogenic Market—Forecast till 2028

$4,450$6,250

the global feed phytogenic market is anticipated to record a significant CAGR of 6.10% to surpass a value of USD 1.15 Billion by the end of 2028.

Clear

Description

Global Feed Phytogenic Market—Forecast till 2028

Market Overview
As per the CRI analysis, the global feed phytogenic market is anticipated to record a significant CAGR of 6.10% to surpass a value of USD 1.15 Billion by the end of 2028. Feed phytogenic are obtained from natural sources for livestock feed. They are essences of plant origin added to animal diets at recommended levels for various reasons such as antimicrobial effect, digestibility enhancement, and performance improvement. The feed phytogenic has various benefits such as enhanced animal performance, improved feed efficiency, and reduced emissions. The rising need for natural feed additives & adverse preference towards feed antibiotics is set to fuel the expansion of the global feed phytogenic market during the forecast period.
The global feed phytogenic market growth is driven by the rising demand for natural feed additives to boost health, indigestion, absorption, and assimilation of nutrients. However, certain substitutes are globally referred to as direct-fed microbial (DFM) such as probiotics, prebiotics, additives, and enzymes. These substitutes are expected to restrain the global market growth during the review period. Additionally, the growth of the aquaculture industry & growing requirement for livestock products is anticipated to register the highest growth of the global feed phytogenic market during the review period.

Segment Overview
The global feed phytogenic market has been classified into type, function, and livestock.
Based on Type segment has been categorized into essential oils, herbs & spices, oleoresins, others. In terms of function, the global feed phytogenic market has been divided into performance enhancers, palatability enhancer, and others.
Based on the distribution channel, the global feed phytogenic market has been classified into poultry, swine, ruminants, aquaculture, and others.

Regional Analysis
Based on region, the global feed phytogenic market has been studied across North America, Europe, Asia-Pacific, Rest of the World.
Europe is expected to dominate the global market owing to the largest market share of 33.23% in 2020.
North America registered the second-largest market owing to the 28.30% market in 2020. The region is expected to witness a healthy CAGR of 9.17% during the review period to surpass USD 458.03 million by 2028. The US is the largest contributor to the feed phytogenic market expansion and is the second-largest feed-producing country in the worldwide market. The regional market growth is attributed to the increased production of poultry feed at the fastest rate by increasing broilers population and the growing applications of feed phytogenic in the aqua industry.
The feed phytogenic market in Asia-Pacific is expected to register the fastest growth during the review period.

Major players
The key players in the global feed phytogenic market are Biomin GmbH (Austria), Cargill, Incorporated (US), DuPont (US), The Himalaya Drug Company (India), Pancosma (Switzerland), ostofarm GmbH (Germany), Kemin Industries, Inc. (US), Bluestar Adisseo Company (China), Phytobiotics Futterzusatzstoffe GmbH (Germany), Synthite Industries Ltd. (India), 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), A&A Pharmachem Inc. (Canada), and Natural Remedies (India).

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Additional information

Publisher

Geography Covered

Date Published

Pages

Format

Table of Contents

 

1 EXECUTIVE SUMMARY 15

1.1 MARKET ATTRACTIVENESS ANALYSIS 16

1.1.1 GLOBAL FEED PHYTOGENIC MARKET, BY TYPE 17

1.1.2 GLOBAL FEED PHYTOGENIC MARKET, BY FUNCTION 18

1.1.3 GLOBAL FEED PHYTOGENIC MARKET, BY LIVESTOCK 19

1.1.4 GLOBAL FEED PHYTOGENIC MARKET, BY REGION 20

 

2 MARKET INTRODUCTION 21

2.1 DEFINITION 21

2.2 SCOPE OF THE STUDY 21

2.3 RESEARCH OBJECTIVE 21

2.4 MARKET STRUCTURE 21

2.5 KEY BUYING CRITERIA 22

 

3 RESEARCH METHODOLOGY 23

3.1 RESEARCH PROCESS 23

3.2 PRIMARY RESEARCH 24

3.3 SECONDARY RESEARCH 25

3.4 MARKET SIZE ESTIMATION 25

3.5 FORECAST MODEL 27

3.6 LIST OF ASSUMPTIONS & LIMITATIONS 28

 

4 MARKET DYNAMICS 29

4.1 INTRODUCTION 29

4.2 DRIVERS 30

4.2.1 INCREASING DEMAND FOR NATURAL FEED ADDITIVES 30

4.2.2 NEGATIVE PREFERENCE TOWARDS FEED ANTIBIOTICS 30

4.2.3 INCREASING DEMAND FOR LIVESTOCK PRODUCTS 30

4.2.4 GROWTH OF THE AQUACULTURE INDUSTRY 31

4.2.5 DRIVERS IMPACT ANALYSIS 32

4.3 RESTRAINT 32

4.3.1 AVAILABILITY OF SUBSTITUTES 32

4.3.2 RESTRAINT IMPACT ANALYSIS 33

4.4 OPPORTUNITIES 33

4.4.1 EMERGENCE OF NEW TECHNOLOGIES SUCH AS ENCAPSULATION 33

4.4.2 INCREASING DEMAND FOR ORGANIC AND SAFE MEAT 33

4.4.3 STRATEGIC INITIATIVES BY MARKET PLAYERS 34

4.5 CHALLENGE 34

4.5.1 LOW AWARENESS IN DEVELOPING COUNTRIES 34

 

5 MARKET FACTOR ANALYSIS 35

5.1 VALUE CHAIN ANALYSIS 35

5.1.1 RAW MATERIAL PROCUREMENT 36

5.1.2 PROCESSING 36

5.1.3 PACKAGING 36

5.2 SUPPLY CHAIN ANALYSIS 36

5.3 PORTER’S FIVE FORCES MODEL 37

5.3.1 THREAT OF NEW ENTRANTS 38

5.3.2 BARGAINING POWER OF SUPPLIERS 38

5.3.3 BARGAINING POWER OF BUYERS 38

5.3.4 THREAT OF SUBSTITUTES 38

5.3.5 INTENSITY OF RIVALRY 38

5.4 IMPACT OF COVID-19 OUTBREAK ON GLOBAL FEED PHYTOGENIC MARKET 39

5.4.1 IMPACT ON PRODUCTION 39

5.4.2 IMPACT ON SUPPLY-CHAIN 39

5.4.3 IMPACT ON PRICING 40

 

6 GLOBAL FEED PHYTOGENIC MARKET, BY TYPE 41

6.1 OVERVIEW 41

6.1.1 GLOBAL FEED PHYTOGENIC MARKET ESTIMATES & FORECAST, BY TYPE, 2019–2028 42

6.2 ESSENTIAL OILS 42

6.2.1 ESSENTIAL OILS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 42

6.3 HERBS & SPICES 43

6.3.1 HERBS & SPICES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 43

6.4 OLEORESINS 43

6.4.1 OLEORESINS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 44

6.5 OTHERS 44

6.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 44

 

7 GLOBAL FEED PHYTOGENIC MARKET, FUNCTION 45

7.1 OVERVIEW 45

7.1.1 GLOBAL FEED PHYTOGENIC MARKET ESTIMATES & FORECAST, BY FUNCTION, 2019–2028 46

7.2 PERFORMANCE ENHANCER 46

7.2.1 PERFORMANCE ENHANCER: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46

7.3 PALATABILITY ENHANCER 47

7.3.1 PALATABILITY ENHANCER: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 47

7.4 OTHERS 47

7.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 48

 

8 GLOBAL FEED PHYTOGENIC MARKET, BY LIVESTOCK 49

8.1 OVERVIEW 49

8.1.1 GLOBAL FEED PHYTOGENIC MARKET ESTIMATES & FORECAST, BY LIVESTOCK, 2019–2028 50

8.2 POULTRY 50

8.2.1 POULTRY: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50

8.3 SWINE 51

8.3.1 SWINE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51

8.4 RUMINANT 51

8.4.1 RUMINANT: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 52

8.5 AQUACULTURE 52

8.5.1 AQUACULTURE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 52

8.6 OTHERS 53

8.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 53

 

9 GLOBAL FEED PHYTOGENIC MARKET, BY REGION 54

9.1 OVERVIEW 54

9.2 NORTH AMERICA 56

9.2.1 US 58

9.2.2 CANADA 59

9.2.3 MEXICO 60

9.3 EUROPE 62

9.3.1 GERMANY 64

9.3.2 UK 65

9.3.3 FRANCE 66

9.3.4 SPAIN 67

9.3.5 ITALY 69

9.3.6 REST OF EUROPE 70

9.4 ASIA-PACIFIC 72

9.4.1 CHINA 74

9.4.2 JAPAN 75

9.4.3 INDIA 76

9.4.4 AUSTRALIA & NEW ZEALAND 77

9.4.5 REST OF ASIA-PACIFIC 79

9.5 REST OF THE WORLD 81

9.5.1 SOUTH AMERICA 83

9.5.2 MIDDLE EAST 84

9.5.3 AFRICA 85

 

10 COMPETITIVE LANDSCAPE 87

10.1 COMPETITIVEOVERVIEW 87

10.2 MARKET STRATEGY ANALYSIS 87

10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 88

10.3.1 ACQUISITION 88

10.3.2 EXPANSION 88

10.3.3 JOINT VENTURE 90

10.3.4 MERGER 90

10.3.5 PARTNERSHIP 90

10.3.6 PRODUCT LAUNCH AND DEVELOPMENT 91

10.3.7 PRODUCT APPROVAL 91

10.4 COMPETITIVE BENCHMARKING 92

 

11 COMPANY PROFILES 93

11.1 BIOMIN GMBH 93

11.1.1 COMPANY OVERVIEW 93

11.1.2 FINANCIAL OVERVIEW 94

11.1.3 PRODUCTS OFFERED 95

11.1.4 KEY DEVELOPMENTS 95

11.1.5 SWOT ANALYSIS 96

11.1.6 KEY STRATEGIES 96

11.2 CARGILL, INCORPORATED 97

11.2.1 COMPANY OVERVIEW 97

11.2.2 FINANCIAL OVERVIEW 98

11.2.3 PRODUCTS OFFERED 99

11.2.4 KEY DEVELOPMENTS 99

11.2.5 SWOT ANALYSIS 100

11.2.6 KEY STRATEGIES 100

11.3 DUPONT 101

11.3.1 COMPANY OVERVIEW 101

11.3.2 FINANCIAL OVERVIEW 101

11.3.3 PRODUCTS OFFERED 102

11.3.4 KEY DEVELOPMENTS 102

11.3.5 SWOT ANALYSIS 103

11.3.6 KEY STRATEGIES 103

11.4 KEMIN INDUSTRIES, INC. 104

11.4.1 COMPANY OVERVIEW 104

11.4.2 FINANCIAL OVERVIEW 104

11.4.3 PRODUCTS OFFERED 104

11.4.4 KEY DEVELOPMENTS 104

11.4.5 SWOT ANALYSIS 105

11.4.6 KEY STRATEGIES 105

11.5 BLUESTAR ADISSEO COMPANY 106

11.5.1 COMPANY OVERVIEW 106

11.5.2 FINANCIAL OVERVIEW 106

11.5.3 PRODUCTS OFFERED 107

11.5.4 KEY DEVELOPMENTS 107

11.5.5 SWOT ANALYSIS 108

11.5.6 KEY STRATEGIES 108

11.6 PHYTOBIOTICS FUTTERZUSATZSTOFFE GMBH 109

11.6.1 COMPANY OVERVIEW 109

11.6.2 FINANCIAL OVERVIEW 109

11.6.3 PRODUCTS OFFERED 109

11.6.4 KEY DEVELOPMENTS 110

11.6.5 KEY STRATEGIES 110

11.7 SYNTHITE INDUSTRIES LTD. 111

11.7.1 COMPANY OVERVIEW 111

11.7.2 FINANCIAL OVERVIEW 111

11.7.3 PRODUCTS OFFERED 111

11.7.4 KEY DEVELOPMENTS 111

11.7.5 KEY STRATEGIES 111

11.8 THE HIMALAYA DRUG COMPANY 112

11.8.1 COMPANY OVERVIEW 112

11.8.2 FINANCIAL OVERVIEW 112

11.8.3 PRODUCTS OFFERED 112

11.8.4 KEY DEVELOPMENTS 112

11.8.5 KEY STRATEGIES 112

11.9 PANCOSMA 113

11.9.1 COMPANY OVERVIEW 113

11.9.2 FINANCIAL OVERVIEW 113

11.9.3 PRODUCTS OFFERED 113

11.9.4 KEY DEVELOPMENTS 113

11.9.5 KEY STRATEGIES 113

11.10 DOSTOFARM GMBH 114

11.10.1 COMPANY OVERVIEW 114

11.10.2 FINANCIAL OVERVIEW 114

11.10.3 PRODUCTS OFFERED 114

11.10.4 KEY DEVELOPMENTS 115

11.10.5 KEY STRATEGIES 115

11.11 DELACON BIOTECHNIK GMBH 116

11.11.1 COMPANY OVERVIEW 116

11.11.2 FINANCIAL OVERVIEW 116

11.11.3 PRODUCTS OFFERED 116

11.11.4 KEY DEVELOPMENTS 117

11.11.5 SWOT ANALYSIS 118

11.11.6 KEY STRATEGIES 118

11.12 NOR-FEED 119

11.12.1 COMPANY OVERVIEW 119

11.12.2 FINANCIAL OVERVIEW 119

11.12.3 PRODUCTS OFFERED 119

11.12.4 KEY DEVELOPMENTS 119

11.12.5 KEY STRATEGIES 120

11.13 PHYTOSYNTHESE 121

11.13.1 COMPANY OVERVIEW 121

11.13.2 FINANCIAL OVERVIEW 121

11.13.3 PRODUCTS OFFERED 121

11.13.4 KEY DEVELOPMENTS 121

11.13.5 KEY STRATEGIES 121

11.14 IGUSOL S.A. 122

11.14.1 COMPANY OVERVIEW 122

11.14.2 FINANCIAL OVERVIEW 122

11.14.3 PRODUCTS OFFERED 122

11.14.4 KEY DEVELOPMENTS 122

11.14.5 KEY STRATEGIES 122

11.15 NATURA FEED INGREDIENTS 123

11.15.1 COMPANY OVERVIEW 123

11.15.2 FINANCIAL OVERVIEW 123

11.15.3 PRODUCTS OFFERED 123

11.15.4 KEY DEVELOPMENT 123

11.15.5 KEY STRATEGIES 123

11.16 SILVATEAM S.P.A. 124

11.16.1 COMPANY OVERVIEW 124

11.16.2 FINANCIAL OVERVIEW 124

11.16.3 PRODUCTS OFFERED 124

11.16.4 KEY DEVELOPMENTS 124

11.16.5 KEY STRATEGIES 124

11.17 NUTREX 125

11.17.1 COMPANY OVERVIEW 125

11.17.2 FINANCIAL OVERVIEW 125

11.17.3 PRODUCTS OFFERED 125

11.17.4 KEY DEVELOPMENTS 125

11.17.5 KEY STRATEGIES 125

11.18 A&A PHARMACHEM INC. 126

11.18.1 COMPANY OVERVIEW 126

11.18.2 FINANCIAL OVERVIEW 126

11.18.3 PRODUCTS OFFERED 126

11.18.4 KEY DEVELOPMENTS 126

11.18.5 KEY STRATEGIES 126

11.19 NATURAL REMEDIES 127

11.19.1 COMPANY OVERVIEW 127

11.19.2 FINANCIAL OVERVIEW 127

11.19.3 PRODUCTS OFFERED 127

11.19.4 KEY DEVELOPMENTS 128

11.19.5 KEY STRATEGIES 128

 

12 REFERENCES 129

RSS
Follow by Email