Feed Phytogenic Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented by Sub Additive (Essential Oil, Herbs & Spices, others), by Animal (Aquaculture, Poultry, Ruminants, Swine, others), and By Region, Competition Forecast
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFeed Phytogenic Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented by Sub Additive (Essential Oil, Herbs & Spices, others), by Animal (Aquaculture, Poultry, Ruminants, Swine, others), and By Region, Competition Forecast
| Forecast Period | 2024-2028 |
| Market Size (2022) | 740.01 Million |
| CAGR (2023-2028) | 6.05% |
| Fastest Growing Segment | Poultry |
| Largest Market | North America |
Market Overview
Global Feed Phytogenic Market has valued at USD 740.01 million in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 6.05% through 2028.
There is a global trend toward natural and sustainable animal nutrition solutions. Phytogenic feed additives, derived from plant-based sources, are perceived as natural and eco-friendly alternatives to synthetic additives.
Key Market Drivers
Technological Advancements
Advanced extraction methods and formulation techniques have been developed to efficiently extract and concentrate bioactive compounds from plant sources. These methods help maintain the stability and bioavailability of active ingredients in phytogenic additives. Microencapsulation technology allows for the protection of sensitive phytogenic compounds from environmental factors like heat, moisture, and oxidation. This technology enhances the stability and controlled release of active ingredients in animal diets. Nanoparticles are increasingly being used to encapsulate phytogenic compounds, improving their solubility and bioavailability. Nanotechnology can enhance the targeted delivery of active ingredients in the gastrointestinal tract. Coating phytogenic additives with protective layers can improve their stability and release characteristics in feed formulations, ensuring the controlled release of bioactive compounds in the digestive tract. Essential oils are prone to oxidation and volatility. Encapsulation technologies help stabilize essential oils and release them gradually in the gut, maximizing their effectiveness.
Advances in genomics and bioinformatics enable researchers to identify specific plant varieties with desired bioactive compounds. This knowledge aids in the selection and breeding of plants for phytogenic feed additive production. The development of phytogenic blends combines multiple plant-based ingredients with complementary properties. These blends are formulated to address specific animal health and performance challenges, offering a broader range of benefits. Advanced analytical techniques, such as high-performance liquid chromatography (HPLC) and mass spectrometry, are used to analyze the composition and quality of phytogenic additives, ensuring consistency and standardization. Innovative delivery systems, including pelletizing, extrusion, and inclusion in premixes, have been developed to ensure uniform distribution of phytogenic additives in animal feed. Technologies that enhance the sensory properties of phytogenic additives, such as flavor masking and odor control, can improve the palatability of animal feed. Ongoing research aims to better understand the mode of action of phytogenic compounds in animal physiology. This knowledge helps optimize their use in animal nutrition. Modern quality assurance and traceability systems are employed to monitor the production and supply chain of phytogenic additives, ensuring safety and compliance with regulatory standards. This factor will help in the development of
Increasing Demand of Gut Health and Performance Enhancement
Phytogenic feed additives have gained popularity due to their positive impact on the gastrointestinal health of animals and their ability to enhance overall performance.
As concerns about antibiotic resistance grow, there is a demand for alternatives that promote gut health and reduce the need for antibiotics. Phytogenic feed additives are considered effective natural alternatives to antibiotics in promoting animal health. Animals that have improved gut health are more likely to experience consistent growth rates and weight gain. Phytogenic additives contribute to steady and optimized growth throughout the production cycle. The focus on sustainable animal agriculture practices includes optimizing feed efficiency and reducing the environmental impact of animal production. Phytogenic feed additives align with these sustainability goals by improving nutrient utilization and reducing the excretion of nutrients into the environment. Consumer preferences for meat and animal products from animals raised with natural and sustainable feed additives have driven the adoption of phytogenic additives in animal diets. Meeting these consumer demands is essential for the livestock and poultry industries. This factor will pace up the demand of
Growing Demand for Natural Products
Consumers, producers, and regulators are increasingly seeking natural and sustainable solutions in animal agriculture, and phytogenic additives align with these preferences.
Concerns about the use of synthetic chemicals, including antibiotics and synthetic additives, in animal agriculture have led to a search for natural alternatives. Phytogenic additives offer a natural solution to reduce reliance on synthetic feed additives. Phytogenic feed additives can play a role in reducing the need for antibiotics in animal diets. As regulations and consumer pressure lead to antibiotic reduction in animal agriculture, phytogenic additives are seen as valuable alternatives. Natural feed additives, such as phytogenics, are often associated with improved animal welfare. These additives can contribute to better gut health, reduced stress, and enhanced overall well-being in animals. Regulatory authorities in various regions have recognized the safety and efficacy of certain phytogenic feed additives, which has facilitated their approval and use as natural feed additives. The demand for natural and sustainable products is not limited to specific regions but is a global phenomenon. Phytogenic additives meet the needs of producers looking to supply international markets with natural and sustainable animal products. Natural feed additives like phytogenics can help producers differentiate their products in the market and meet the preferences of consumers looking for natural and sustainable options. Phytogenic additives align with environmental awareness by promoting more efficient nutrient utilization in animals, reducing nutrient runoff, and contributing to responsible agricultural practices. This factor will accelerate the demand of Global Feed Phytogenic Market.
Key Market Challenges
Standardization and Quality Control
Ensuring the consistent quality, safety, and efficacy of phytogenic feed additives is essential for their acceptance and successful use in animal nutrition.
Species-Specific Formulations
Developing and testing species-specific formulations can be resource intensive. It requires research to understand the specific nutritional needs, digestive physiology, and health challenges of different animal species. Creating customized formulations for various species and production stages can add complexity to the production process. Manufacturers need to ensure accurate dosing and uniform distribution of phytogenic additives in feed. Ensuring the consistency and quality of species-specific formulations across batches is essential. Quality control measures become more challenging when producing multiple variations of phytogenic products. The need for different formulations for various species can fragment the market, making it more challenging for manufacturers to scale production and distribution efficiently. Regulatory approval processes may differ for species-specific formulations, requiring additional compliance efforts and documentation. Users of phytogenic feed additives, including livestock producers and feed manufacturers, may require specific education and training on the use of species-specific formulations to achieve optimal results.
Key Market Trends
Antibiotic Reduction
The misuse and overuse of antibiotics in animal agriculture have raised concerns about the development of antibiotic-resistant bacteria, which pose a threat to both animal and human health. Reducing antibiotic usage is seen as a critical step in addressing this issue. Many countries and regions have implemented stricter regulations and guidelines regarding the use of antibiotics in animal feed. These regulations aim to limit antibiotic use for growth promotion and prophylactic purposes, further driving the search for antibiotic alternatives. Consumers are increasingly seeking meat and animal products from animals raised without the use of antibiotics. This consumer demand for antibiotic-free products has encouraged producers to adopt alternative strategies, including the use of phytogenic feed additives. Phytogenic additives can contribute to improved animal health and welfare by promoting better gut health, reducing stress, and enhancing overall well-being. This makes them valuable alternatives to antibiotics for maintaining animal health. Phytogenics are known to enhance feed efficiency, promote nutrient absorption, and improve animal performance. These benefits can help compensate for the growth-promoting effects of antibiotics. Phytogenic feed additives have multiple modes of action, including antimicrobial, anti-inflammatory, and digestive-enhancing properties. These mechanisms of action make them effective in supporting animal health without relying on antibiotics.
Segmental Insights
Sub Additive Insights
In 2022, the Global Feed Phytogenics Market was dominated by Essential Oil segment in the forecast period and is predicted to continue expanding over the coming years.
Animal Insights
In 2022, the Global Feed Phytogenics Market dominated by poultry segment and is predicted to continue expanding over the coming years.
Regional Insights
The Asia Pacific region dominates the Global Feed Phytogenics Market in 2022. The Asia-Pacific area accounts for most of the feed phytogenics consumption on the global market, which has grown significantly in recent years. Due to the rapidly growing cattle industry and a growth in regional demand for meat and meat products, the market is expected to grow by 40% between 2017 and 2022. As a result, during the projected period, the demand for feed phytogenics in the Asia-Pacific region is anticipated to grow at a CAGR of 4.2%.
Recent Developments
In December 2022, A deal to purchase Nor-Feed and its affiliates, a French company that develops, produces, and sells plant-based speciality ingredients and plant extracts for animal nutrition, was announced by the Adisseo group. The Adisseo Group's plan to lead the market for speciality feed additives includes this acquisition.
In June 2022, The Brazilian animal nutrition and technology company Prodap, which combines technology offerings, consulting services, and tailored nutritional solutions to promote efficiency and sustainability in animal farming, has announced that Royal DSM, a global purpose-led science-based company, has agreed to acquire it. Precision farming is expanding quickly because of the strain to supply the world's expanding population with animal protein and the growing demand for sustainability, efficiency, traceability, and animal welfare in food systems. VeraxTM, an innovative integrated animal management system that uses data to provide a deeper understanding of the health, productivity, and welfare of animals, and SustellTM, an intelligent sustainability service created to improve the environmental sustainability of animal protein production, are two examples of DSM's precision nutrition solutions for animal nutrition and health.
In June 2022, Innovafeed and Cargill expand their collaboration to provide aquafarmers with wholesome, cutting-edge ingredients. To scale up the usage of insect ingredients in various types of animal feed, the collaboration combines Innovafeed's experience in creating precise insect ingredients with Cargill's global animal nutrition capabilities. Salmonid-specific ingredients with high performance and sustainability will be provided to Cargill under this new contract. In terms of production, sustainability, and nutrition, insect-based feed is now a competitive option to conventional protein sources.
Key Market Players
- Adisseo Espana SA
- Alltech, Inc.
- Borregaard AS
- Cargill Inc.
- DSM Nutritional Products AG
- IFF (Danisco Animal Nutrition)
- Kemin Industries Inc.
- Land O'Lakes Inc.
- Marubeni Corporation (Orffa International Holding B.V.)
- Prinova Group LLC
| By Sub Additive | By Animal | By Region |
| Essential Oil Herbs & Spices Others | Aquaculture Poultry Ruminants Swine Others | North America Europe Asia Pacific South America Middle East & Africa |
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