Feed Phytogenics Market Size, Trends, Analysis, and Outlook By Type (Herbs & Spices, Essential Oils, Oleoresins, Others), By Function (Performance Enhancers, Palatability Enhancers, Others), By Livestock (Ruminants, Poultry, Swine, Aquatic Animals, Equine

Feed Phytogenics Market Size, Trends, Analysis, and Outlook By Type (Herbs & Spices, Essential Oils, Oleoresins, Others), By Function (Performance Enhancers, Palatability Enhancers, Others), By Livestock (Ruminants, Poultry, Swine, Aquatic Animals, Equine, Canine, Faline, Others), By Application (Flavoring & Aroma, Feed Intake & Digestibility, Organic Trace Minerals, Anti-Parasitic, Others), by Country, Segment, and Companies, 2024-2030

The global Feed Phytogenics market size is poised to register a 7.2% growth from $1.1 Billion in 2024 to 1.7 Billion in 2030, presenting significant growth prospects for companies operating in the industry. The Feed Phytogenics market study analyzes the study across By Type (Herbs & Spices, Essential Oils, Oleoresins, Others), By Function (Performance Enhancers, Palatability Enhancers, Others), By Livestock (Ruminants, Poultry, Swine, Aquatic Animals, Equine, Canine, Faline, Others), By Application (Flavoring & Aroma, Feed Intake & Digestibility, Organic Trace Minerals, Anti-Parasitic, Others).

The feed phytogenics market is expected to grow robustly in 2024, driven by the shift towards natural and sustainable animal feed additives. Phytogenics, derived from herbs, spices, and other plants, are used to enhance feed efficiency, promote growth, and improve animal health. The ban on antibiotic growth promoters in many regions has led to increased adoption of phytogenics as natural alternatives. The market is benefiting from rising consumer demand for organic and antibiotic-free animal products. Advances in extraction and formulation technologies that enhance the efficacy and stability of phytogenics are also contributing to market growth.

Feed Phytogenics Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Feed Phytogenics market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Feed Phytogenics" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Feed Phytogenics industry.

Key market trends defining the global Feed Phytogenics demand in 2024 and Beyond

The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.

Feed Phytogenics Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Feed Phytogenics industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Feed Phytogenics companies scaling up production in these sub-segments with a focus on emerging countries.

Key strategies adopted by companies within the Feed Phytogenics industry

Leading Feed Phytogenics companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Feed Phytogenics companies.

Feed Phytogenics Market Study- Strategic Analysis Review

The Feed Phytogenics market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Feed Phytogenics Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Feed Phytogenics industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three scenarios: low case, reference case, and high case.

Feed Phytogenics Country Analysis and Revenue Outlook to 2030

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2030. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2030.

North America Feed Phytogenics Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Feed Phytogenics market segments. Similarly, strong market demand encourages Canadian Feed Phytogenics companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Feed Phytogenics Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Feed Phytogenics industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Feed Phytogenics market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Feed Phytogenics Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Feed Phytogenics in Asia Pacific. In particular, China, India, and South East Asian Feed Phytogenics markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Feed Phytogenics Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Feed Phytogenics Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Feed Phytogenics market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Feed Phytogenics.

Feed Phytogenics Market Company Profiles

The global Feed Phytogenics market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Adisseo France S.A.S., Alltech Inc, Borregaard ASA, Cargill Inc, Danisco Animal Nutrition - IFF, Kemin Industries Inc, Land O'Lakes Inc, Marubeni Corp, Prinova Group LLC, Royal DSM NV.

Recent Feed Phytogenics Market Developments

The global Feed Phytogenics market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Feed Phytogenics Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:
By Type
Herbs & Spices

Essential Oils

Oleoresins

Others
By Function
Performance Enhancers

Palatability Enhancers

Others
By Livestock
Ruminants

Poultry

Swine

Aquatic Animals

Equine

Canine

Faline

Others
By Application
Flavoring & Aroma

Feed Intake & Digestibility

Organic Trace Minerals

Anti-Parasitic

Others

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Adisseo France S.A.S.

Alltech Inc

Borregaard ASA

Cargill Inc

Danisco Animal Nutrition - IFF

Kemin Industries Inc

Land O'Lakes Inc

Marubeni Corp

Prinova Group LLC

Royal DSM NV

Formats Available: Excel, PDF, and PPT