Feed Phytogenic Market

Feed Phytogenic Market: Europe and North America will Remain Largest Markets for Feed Phytogenics: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2026)

  • 2017-11-23
  • REP-GB-5622
  • 170 pages
  • PDF PPT EXCEL
 Feed Phytogenic Market

An Incisive, In-depth Analysis on the Feed Phytogenic Market

This study offers a comprehensive, 360 degree analysis on the Feed Phytogenic market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Feed Phytogenic market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Phytogenics are referred to plant-derived non-antibiotic feed additives, which are added to livestock feed for improving animal performance. Plant sources from which phytogenics are derived include herbs & spices, fruits, tubers, roots, and leaves. Feed phytogenics are available in dried, ground, or solid form, as essential oils or extracts.

Encapsulation Enhancing Shelf-life of Feed Phytogenics

Feed phytogenic additives effect the livestock health positively, however they are usually difficult for processing in the feed. Several sensitive sources of phytogenics, particularly essential oils, lose their efficiency and efficacy, as they are highly vulnerable to oxidative & volatile properties, pungent odour, and high temperatures. Introduction of technologies such as encapsulation, are helping to enhance the feed phytogenics’ shelf life, thereby prolonging the shelf life of essential oils. Through integration of solid, gaseous, and liquid substance into a millimetric capsule, encapsulation is also enabling protection of feed phytogenics from environmental changes. In addition to protection from effective environmental factors, encapsulation also leads toward improved digestion, stability in ration, and enhancement of palatability.

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Increasing concerns associated with side effects of prolonged chemical feed additives’ use is considered to be a major factor driving adoption of feed phytogenics. However, feed phytogenics have complex composition, and are expensive, which in turn might hinder their adoption in the foreseeable future. In its new research report, Future Market Insights (FMI) projects an impressive expansion for the global feed phytogenics market throughout the forecast period (2017-2026). Sales of feed phytogenics across the globe are estimated to account for roughly US$ 2,500 Mn revenues by 2026-end.

Europe and North America to Remain Largest Markets for Feed Phytogenics

The feed additives market is highly regulation across North American and European regions. The European Union (EU) has implemented stringent regulations concerning adoption of chemical feed additives. In North America and Europe, it is mandatory for feed phytogenics producers to follow strict norms pertaining to national and regional health, as well as safety for approval of their products. Europe and North America will continue to be the largest markets for feed phytogenics, collectively estimated to account for nearly three-fifth revenue share of the market by 2026-end.

Based on product type, essential oils are anticipated to remain sought-after in the market, with sales poised to exceed US$ 1,000 Mn in revenues by 2026-end. Between oleoresins and herbs & spices, the former will remain more lucrative than the latter, while sales of herbs & spices will register a higher CAGR than that of oleoresins through 2026. Revenues from sales of herbs & spices, and oleoresins, will collectively account for over half share of the market by 2026-end.

Poultry to Remain Most Attractive Feedstock for Sales of Feed Phytogenics

Production of poultry has become vertically integrated and more intensive on the back of continuous technological advancements coupled with expansion of economies. Increasing disposable incomes of the middle class population worldwide has resulted into spurring demand for safe and organic poultry meat, thereby fuelling adoption of feed phytogenics. Projected to account for approximately half revenue share of the market, poultry is expected to remain the most attractive livestock for sales of feed phytogenics. In addition, sales of feed phytogenics for ruminants will also witness an impressive expansion through 2026.

Projected to expand at the highest CAGR through 2026, palatability enhancers will continue to account for the largest revenue share of the market. Although demand for performance enhancers will remain relatively lower than palatability enhancers, the former will also account for a significant revenue share of the market during the forecast period.

Competition Tracking

FMI’s report has profiled active players in the global feed phytogenic market, which include Cargill Incorporated, E. I. Du Pont De Nemours and Company, Kemin Industries, Inc., Biomin Holding GmbH, Dostofarm GmbH, Phytobiotics Futterzusatzstoffe GmbH, Pancosma SA, A&A Pharmachem Inc., Phytosynthese, Natural Remedies Pvt. Ltd., Nor-Feed Sud, Nutricare Life Sciences Ltd., and Igusol.

An exhaustive, insightful, and unbiased report has recently been delivered by Future Market Insights (FMI), which is titled “Feed Phytogenic Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)”. This report examines the global feed phytogenic market in detail, and exhaustively covers the market dynamics.

The report gives its readers insights on key trends impacting the global feed phytogenic market growth. Examination of data across multiple market parameters is delivered in this report, in order to deducing value of global feed phytogenic market. Information about competition landscape of global feed phytogenic market has also been offered by the report, and key market participants are profiled in detail.

Report Synopsis

FMI’s report on global feed phytogenic market adheres to a systematic structure, enabling readers of the report to gain a firm market grasp, and consider all intricacies on analysed segments in a format that is easy enough to understand. An executive summary of global feed phytogenic market forms the first chapter of the report, which gives a snapshot of global feed phytogenic market, along with a comprehensive market introduction and formal definition of “feed phytogenics”. An overview of global feed phytogenic market is offered in this chapter, coupled with relevant & significant market numbers including the historical CAGR (2012-2016) as well as the forecast CAGR (2017-2026).

Information about lucrative markets in terms of largest revenue share and the highest CAGR are also included in the executive summary. Following chapters in the report deliver an in-depth knowledge about product life cycle, pricing analysis, cost structure, and supply chain analysis, along with a supplier list. The presence of key players operating actively in global feed phytogenic market is also been portrayed via an intensity map.

Market Taxonomy

After executive summary, the global feed phytogenic market report moves ahead to the evaluation of the market on the basis of a segmentation-wise analysis. The market numbers related to the segmentation analysis are in terms of market share comparison, revenue comparison, and year-on-year growth comparison. The report also includes specific chapters that deliver insights based on regional analysis of the market, which highlight prominent countries included in the regional segments. Region-wise, the global market for feed phytogenic has been segmented into Japan, Asia-Pacific excluding Japan (APEJ), North America, Latin America, Middle East & Africa (MEA), and Europe.

Region

Product Type

Livestock

Function

  • North America

  • Essential Oils

  • Poultry

  • Performance Enhancers

  • Latin America

  • Herbs & Spices

  • Ruminants

  • Palatability Enhancers

  • Europe

  • Oleoresins

  • Swine

  • Other Functions

  • Japan

  • Others Product Type

  • Aquatic Animals

 

  • APEJ

 

  • Other Livestock Animals

 

  • MEA

 

 

 

Competition Landscape

Concluding chapters of the report provide information on the global feed phytogenic market’s competition landscape. Information related to the market players has been delivered in terms of key financials, SWOT analysis, product overview, key developments, and company overview of the market players. Chapter on the market’s competition landscape is considered to be highly imperative part of the report, wherein readers have access to information which can help them in understanding past as well as current standings of major industries involved actively in global feed phytogenic market. This chapter of the report offers necessary insights regarding the way market players implement novel strategies for increasing their market presence across the globe.

Research Methodology

The research methodology adhered to by Future Market Insights’ (FMI) analysts is the perfect concoction of several primary interviews conducted with key opinion leaders and experts in the industry, combined with a comprehensive secondary research. The primary research relates to present & future market conditions across developing as well as developed regions, offering adequate attention to the market dynamics. A rigorous data validation is done on data gathered through secondary and primary research, in order to glean quantitative and qualitative insights impacting major business decisions.

Feed Phytogenic Market Reports - Table of Contents

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