Feed Phytogenics Market

Feed Phytogenics Market Size

Rising worries about antibiotic resistance in animals are expected to drive a 3% CAGR between 2023 and 2032, from a USD 730 million feed phytogenics market size in 2022.

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To help poultry, swine, ruminant, and other animals develop and stay healthy, antibiotics are being given to them in great doses. Still, given the great worry over antibiotic resistance, the acceptance of antibiotic growth promoters has been limited. For instance, the EU government outlawed AGP use as feed addition, hence increasing demand for phytogenic feed additives. Furthermore affecting gut flora are antibiotics, which causes a change in animal feed additive use towards natural plant extracts.

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Growing numbers of zoonotic diseases mean that the use of plant-derived feed additives is projected to increase and present profitable opportunities for feed phytogenic companies. The feed phytogenic market demand may be hampered, nonetheless, by the absence of methodical assessments of feed antibiotic replacements. Complicated compositions make rigorous assessments of the safety and efficacy of chemicals also difficult. Moreover, side effects of toxicity and regulatory issues could restrict the synthesis of phytogenics compounds.

Feed Phytogenics Market Analysis

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Growing pig intake as a protein and vitamin source would help the feed phytogenic market size from the swine cattle segment to reach USD 375 million by 2032. From 110.5 million metric tons in 2019-2021 to 128.9 million metric tons in 2031, the OECD/FAO estimate shows global pork consumption to climb. Moreover, the restriction on feed antibiotics and the great knowledge of the function of feed phytogenics in optimizing pig milk yield would stimulate the market development.

Based on the product, the feed phytogenics market share from the sector of essential oils is expected to achieve more than 3% CAGR through 2032. Feed phytogenics generated from essential oils can help improve ruminant performance, lower rumen ammonia generation, and raise protein content. Comprising naturally occurring, nature-identical active components, the product can also help swine producers maximize pig weight gain. These elements will help to explain the usage of the substance in phytogenic feed additives together with the rise of essential oil extraction as the most used method of plant processing.

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Driven by rising cattle output, the Asia Pacific feed phytogenics market value is expected to show above 3% CAGR during the projected period. Trends in meat consumption have also grown increasingly noticeable in South Asian nations including India. The USDA's Foreign Agricultural Service projects pork output in Japan to reach 1.3 million MT in 2023. These elements will increase feed phytogenics intake to improve animal health and generate quality meat in addition to the fast cattle stocks and dairy industry growth.

Feed Phytogenics Market Share

Prominent participants operating across the feed phytogenics market include

• Devenish Nutrition
• EW Nutrition GmbH
• Dodson & Horrell
• PMI Additives
• Cargill
• DSM
• ADM
• ROHA A JJT Group
• Vinayak Ingredients
• AVT Natural Products
• Norex Flavors Pvt. Ltd.
• Ayurvet Limited
• Natural Herbs & Formulations
• Indian Herbs Specialities Pvt. Ltd.
• Dostofarm GmbH
• Nutricare Life Sciences Limited
• Natural Remedies Pvt. Ltd
•  Delacon Biotechnik GmbH
• DowDuPont
• Phytobiotics Futterzusatzstoffe GmbH

These companies are incorporating strategies such as product range expansions to reinforce their presence in the industry.

For instance, in April 2019, Phytobiotics Futterzusatzstoffe introduced an organic trace mineral line under the Plexomin brand. The company also presented the latest finding under the Sangrovit brand that improves gut health and feed efficiency. This initiative was taken to enhance its product portfolio and expand its footprint across the global market.

Impact of COVID-19 Pandemic

Unprecedented impacts of the COVID-19 pandemic have been witnessed among the businesses of global livestock farmers. However, several funding programs have been introduced to limit the pandemic-induced impacts. For instance, in 2022, the World Bank announced a range of emergency funding to support poultry and dairy farmers and generate awareness about the virus in Bangladesh. Such initiatives to aid small-scale farmers will lead to increased poultry farming and complement the industry growth.

This feed phytogenics market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments

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Market, By Product

• Essential Oils
• Herbs & Spices
• Oleoresins
• Others

Market, By Livestock

• Poultry
• Swine
• Ruminant
• Aquatic
• Equine
• Others

The above information has been provided for the following regions and countries

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Belgium
  • Netherlands
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • Philippines
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Australia
  • Malaysia
• Latin America
  • Brazil
  • Argentina
  • Peru
  • Chile
  • Columbia
• Middle East & Africa
  • Nigeria
  • South Africa
  • Turkey