Global Feed Phytogenics Market was valued at US$ 628 Mn in 2017 and is expected to reach US$ 1224 Mn by 2026, at a CAGR of 8.7% during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding feed phytogenic market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to emerging segments in the feed phytogenic market.
The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Growing concerns globally over Antibiotic Growth Promoters (AGPs) in animal nutrition, resulted in efforts to use alternative ingredients that can effectively replace AGPs, phytogenic being one such alternative. Phytogenics are an exciting group of feed additives, comprising a wide range of substances that are categorized according to the botanical origin, processing, and composition.
Growth of the phytogenic industry is facilitated by the increasing number of countries outside the European Union restricting or banning the use of AGPs in animal feed responding to growing consumer concerns over their safety. Moreover, the growth of the phytogenic industry, which currently stands at US$ 628 Mn globally, is aided by a growing demographic of consumers who favor the use of natural, organic, and feed additives. Nevertheless, less standardization in the industry and the availability of phytogenic via more traditional routes of supply hinder the growth of the industry. Hence, individual manufacturers offer their variety of processed herbals as phytogenic feed additives. This restraint is likely to have a high impact over the course of the forecast period.
Based on type, the essential oils segment accounted for the largest market share of the global feed phytogenic market in 2017 and is likely to be dominant throughout the forecast period. The wide use of essential oils as feed phytogenic in animal feed is growing continuously as it substitutes antibiotic growth promoters, which are banned as feed additives.
Based on Livestock, The Poultry segment holds the highest market share of the global feed phytogenic market in 2017. Feed phytogenic Industry size from poultry may witness the growth of about 3.6% over the forecasted period. There is a rise in growth in organic and safe poultry meat demand which has led to an increase in broiler producers seeking high-density diets to feed their stocks and seek the highest possible profitability.
In terms of function, the palatability enhancers segment is anticipated to be the fastest-growing segment in the feed phytogenic market in 2017. The use of phytogenic as palatability enhancers segment with the growing need to increase the productivity of animals due to the increasing demand for animal-based products. These products increase the demand for feed intake in the animals, particularly in the younger animals, thereby promoting the growth of the animals.
Geographically, APAC dominated the feed phytogenic market in 2017. The region is growing in livestock production for meat consumption coupled with increasing per-capita disposable revenue. Growing awareness among consumers regarding feed additive benefits among livestock farmers coupled with the recent outbreaks of diseases may promote regional growth during the forecast period. Europe and North America will continue to be the largest markets followed by APAC for feed phytogenic, collectively estimated to account for a nearly three-fifth revenue share of the market by 2026.
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The Scope of the Global Feed Phytogenics Market:
Global Feed Phytogenics Market, by Type:
• Essential Oils
• Herbs & Spices
• Oleoresins
Global Feed Phytogenics Market, by Livestock:
• Swine
• Ruminants
• Aquatic Animals
• Poultry
Global Feed Phytogenics Market, by Function:
• Performance Enhancers
• Palatability Enhancers
Global Feed Phytogenics Market, by Region:
• North America
• Europe
• Middle East & Africa
• Asia-Pacific
• South America
Key Players Operating in the Global Feed Phytogenics Market:
• Delacon
• Biomin
• Cargill
• DuPont
• Adisseo
• Dostofarm
• Phytobiotics Futterzusatzstoffe GmbH
• Pancosma
• A&A Pharmachem Inc.
• Kemin Industries
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Global feed phytogenics market is expected to register a substantial CAGR of 7.84% in the forecast period of 2019-2026.
Market Definition: Global Feed Phytogenics Market Feed phytogenics are compounds that act as additives and promoters in the feed given to the livestock to act as nutritional promoters, promoting growth in the animals.
These additives are sourced from different herbs, spices, oils and components of different plants.
Essential oils constitute a significant part of feed phytogenics, although it is available in a number of different types and is fed to the livestock in controlled amounts so as to not have any negative effects.
Get Sample Report: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-feed-phytogenics-market Major Market Competitors/Players Few of the major competitors currently working in the global feed phytogenics market are BIOMIN HOLDING GMBH; The Himalaya Drug company; dōTERRA; DuPont; Synthite Industries Ltd.; Dodson & Horrell Ltd; Cargill, Incorporated; pancosma; DELACON Biotechnik GmbH; Dostofarm GmbH; Phytobiotics Futterzusatzstoffe GmbH; A Pharmachem Inc.; Bluestar Adisseo Co., Ltd.; Silvateam S.p.a.; Kemin Industries, Inc.; Phytosynthese; Nutricare Life Sciences Ltd.; Natural remedies pvt ltd; NOR-FEED and Igusol.Market Segmentations: By Type (Herbs & Spices, Essential Oils, Oleoresins, Others), Function (Performance Enhancers, Palatability Enhancers, Others), Livestock (Ruminants, Poultry, Swine, Aquatic Animals, Equine, Canine, Faline, Others), Application (Flavouring & Aroma, Feed Intake & Digestibility, Organic Trace Minerals, Anti-Parasitic, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Inquiry Before buying@ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-feed-phytogenics-market Market Drivers: Rise in the levels of consumption of meat globally increasing the demand for better nutrients consumption; this factor is expected to drive the growth of the marketInnovations and advancements in technologies resulting in encapsulated feed system which helps in improvement of efficiency of phytogenics; this factor is expected to drive the market growthIncreasing presence of government regulations regarding the banning of antibiotics as growth promoters; this factor is expected to positively drive the market growth Market Restraints: Complications regarding the usage and manufacturing of feed phytogenics; this factor is expected to restrain the growth of the marketVulnerable and fluctuating nature of the prices of raw materials required for the production of feed phytogenics; this factor is expected to restrain the market growth About Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
The Global Feed Phytogenics Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the feed phytogenics market.
The attractiveness analysis of thismarket has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Browse the complete Global Feed Phytogenics Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/6610-feed-phytogenics-market-reportThe report also covers the complete competitive landscape of the global Feed Phytogenics market with company profiles of key players such as:Cargill, IncorporatedE.
Du Pont De Nemours and CompanyKemin Industries, Inc.Biomin Holding GmbHDelacon Biotechnik GmbHDostofarm GmbHPhytobiotics Futterzusatzstoffe GmbHPancosma SAA Pharmachem Inc.PhytosyntheseSEGMENTATIONS IN REPORT:Feed Phytogenics Market Analysis by Livestock:RuminantsPoultrySwineAquaticsEquineOthersFeed Phytogenics Market Analysis by Type:Herbs & SpicesEssential OilsOleoresinsOthersFeed Phytogenics Market Analysis by Function:Performance EnhancersPalatability EnhancersOthersFeed Phytogenics Market Analysis by Brand:PromoteEnvivaFrestaBiostrongAromexActiforRumexDigestaromFeed Phytogenics Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Feed Phytogenics Market @ https://www.decisiondatabases.com/contact/download-sample-6610The Global Feed Phytogenics Market has been exhibited in detail in the following chapters –Chapter 1 Feed Phytogenics Market PrefaceChapter 2 Executive SummaryChapter 3 Feed Phytogenics Industry AnalysisChapter 4 Feed Phytogenics Market Value Chain AnalysisChapter 5 Feed Phytogenics Market Analysis By LivestockChapter 6 Feed Phytogenics Market Analysis By TypeChapter 7 Feed Phytogenics Market Analysis By FunctionChapter 8 Feed Phytogenics Market Analysis By BrandChapter 9 Feed Phytogenics Market Analysis By GeographyChapter 10 Competitive Landscape Of Feed Phytogenics CompaniesChapter 11 Company Profiles Of Feed Phytogenics IndustryPurchase the complete Global Feed Phytogenics Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-6610Other Reports by DecisionDatabases.com:Global Animal Feed Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Feed Enzymes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Feed Phosphates Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Feed Phytogenics Market Feed phytogenics are compounds that act as additives and promoters in the feed given to the livestock to act as nutritional promoters, promoting growth in the animals.
These additives are sourced from different herbs, spices, oils and components of different plants.
Essential oils constitute a significant part of feed phytogenics, although it is available in a number of different types and is fed to the livestock in controlled amounts so as to not have any negative effects.Market Drivers:Rise in the levels of consumption of meat globally increasing the demand for better nutrients consumption; this factor is expected to drive the growth of the marketInnovations and advancements in technologies resulting in encapsulated feed system which helps in improvement of efficiency of phytogenics; this factor is expected to drive the market growthIncreasing presence of government regulations regarding the banning of antibiotics as growth promoters; this factor is expected to positively drive the market growthGet Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-feed-phytogenics-market Scope of the Feed Phytogenics MarketCurrent and future of Feed Phytogenics Market outlook in the developed and emerging marketsThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersGlobal Feed Phytogenics Market By Type (Herbs & Spices, Essential Oils, Oleoresins, Others), Function (Performance Enhancers, Palatability Enhancers, Others), Livestock (Ruminants, Poultry, Swine, Aquatic Animals, Equine, Canine, Faline, Others), Application (Flavouring & Aroma, Feed Intake & Digestibility, Organic Trace Minerals, Anti-Parasitic, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 Browse Related Report Here:Protective Cultures MarketPet Food Processing MarketSome of the leading key players profiled in this study:Few of the major competitors currently working in the global feed phytogenics market are BIOMIN HOLDING GMBH; The Himalaya Drug company; dōTERRA; DuPont; Synthite Industries Ltd.; Dodson & Horrell Ltd; Cargill, Incorporated; pancosma; DELACON Biotechnik GmbH; Dostofarm GmbH; Phytobiotics Futterzusatzstoffe GmbH; A Pharmachem Inc.; Bluestar Adisseo Co., Ltd.; Silvateam S.p.a.; Kemin Industries, Inc.; Phytosynthese; Nutricare Life Sciences Ltd.; Natural remedies pvt ltd; NOR-FEED and Igusol.
Get Detailed Toc and Charts & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-feed-phytogenics-marketKey Pointers Covered in the Feed Phytogenics Market Trends and Forecast to 2026Feed Phytogenics Market New Sales VolumesFeed Phytogenics Market Replacement Sales VolumesFeed Phytogenics Market Installed BaseFeed Phytogenics Market By BrandsFeed Phytogenics Market SizeFeed Phytogenics Market Procedure VolumesFeed Phytogenics Market Product Price AnalysisFeed Phytogenics Market Healthcare OutcomesFeed Phytogenics Market Cost of Care AnalysisFeed Phytogenics Market Regulatory Framework and ChangesFeed Phytogenics Market Prices and Reimbursement AnalysisFeed Phytogenics Market Shares in Different RegionsRecent Developments for Feed Phytogenics Market CompetitorsFeed Phytogenics Market Upcoming ApplicationsFeed Phytogenics Market Innovators StudyInquiry before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-feed-phytogenics-marketAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the marketContact: Data Bridge Market ResearchTel: +1-888-387-2818Email: [email protected]
