Phytogenic Feed Additives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Essential Oils, Flavonoids, Saponins, Oleoresins, and Other Types), By Livestock (Poultry, Swine, Ruminants, Aquatic Animals, and Other Livestock), By Source (Herbs & Spices, Fruits & Vegetables, and Flowers), By Form (Liquid and Dry), By Function (Performance Enhances, Antimicrobi
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPhytogenic Feed Additives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Essential Oils, Flavonoids, Saponins, Oleoresins, and Other Types), By Livestock (Poultry, Swine, Ruminants, Aquatic Animals, and Other Livestock), By Source (Herbs & Spices, Fruits & Vegetables, and Flowers), By Form (Liquid and Dry), By Function (Performance Enhances, Antimicrobi
Global Phytogenic Feed Additives market is anticipated to witness a growth of steady CAGR in the forecast period, 2024-2028. This can be ascribed due to the growing demand for animal-based products and innovative livestock-rearing practices across the globe. Similarly, growing concern about animal health and the quality of feed is expected to create significant growth during the forecasted period. Also, major key players are planning to invest in and introduce innovative products for animal health care which will further boost the growth of the market during the forecasted period. Additionally, expansion and partnerships would offer lucrative opportunities for market players which will drive the growth of the market over the years. Similarly, growing demand for meat and dairy products along with the usage of synthetically produced antibiotics in developing region such as Europe and North America will create significant growth in the forecasted period.
Growing concern about cattle health issues
It has been analysed that approximately 3% of 1.2 billion tons of phytogenic additives used across the globe are plant-based ingredients.
Growing demand for natural additives
Natural additives play an important role in enhancing the food quality of different livestock. Growing demand for poultry and swine livestock is expected to create significant growth during the forecasted period. Growing demand for reducing the outbreak of zoonotic diseases and increasing the overall health of livestock farmers are choosing natural additives which will cure animal health. Additionally, phytogenic feed additives help to control potential pathogens in animal and modulate intestinal microbiota present in the gut. Over the last decades, global meat production has been observed with exponential rate of growth. The increasing pet population along with the concerns of pet owners for pet health and nutrition will further boost the growth of the market during the forecasted period.
Market Segmentation
Market Players
Cargill, Inc., Archer-Daniels-Midland Company., DuPont de Nemours, Inc..,
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Attribute |
Details |
|
Base Year |
2022 |
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Historic Data |
2018 –
2021 |
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Estimated Year |
2023 |
|
Forecast Period |
2024
– 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in Units, and CAGR for 2018-2022
and 2023-2028 |
|
Report Coverage |
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends |
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Segments Covered |
By Type By Livestock By Source By Form By Function By Packaging By Region |
|
Regional scope |
North
America; Europe; Asia Pacific; South America; Middle East & Africa |
|
Country scope |
United States; Canada; Mexico; China; India; Japan; South
Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina;
Colombia; South Africa; Egypt; Saudi Arabia; Israel |
|
Key companies profiled |
Cargill,
Inc., Archer-Daniels-Midland Company., DuPont de Nemours, Inc.., Koninklijke
DSM N.V , Land O’ Lakes Inc. , Adisseo Inc., Nutreco N.V., Kemin Industries
Inc.., Natural Remedies Pvt. Ltd., Nor Feed. |
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Customization scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel
through Email (We can also provide the editable version of the report in
PPT/Word format on special request) |
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