Global Feed Phytogenics Market

Dec 2018| VMR170A| Verified Market Research

Report Highlights

Market Overview:

The global Feed Phytogenics market was valued at USD 548.1 million in 2016 and is projected to reach USD 1007.7 million by 2025, growing at a CAGR of 7.1% from 2017 to 2025.

Phytogenics are additives derived from herbs and spices that increase the palatability of animal feed. With animal feed industry witnessing a revolution in terms of new products being introduced the demand for such chemicals is increasing rapidly. Europe is expected to be the highest consumer owing to ban on in feed antibiotics.




Market Dynamics:
1. Market Drivers
1.1 Product innovation in animal feed industry
1.2 Rising demand for livestock products
2. Market Restraints
2.1 Rise in prices of feed ingredients
2.2 Complex composition of phytogenic products

Market Segmentation:
The global Feed Phytogenicsmarket is segmented on the livestock, type, function, and region.
1. By Livestock:
1.1 Swine
1.2 Poultry
1.3 Ruminants
1.4 Equine
1.5 Aquatic Animals
1.6 Others

2. By Type:
2.1 Spices and Herbs
2.2 Essential Oils
2.3 Oleoresins
2.4 Others

3. By Function:
3.1 Performance enhancers
3.2 Palatability enhancers
3.3 Others

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America) 
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Cargill
2. Phytosynthese
3. EI Du Pont De Nemours
4. A&A Pharmachem Inc.
5. Kemin Industries
6. Pancosma SA
7. Biomin Holding GmbH
8. PhytobioticsFutterzusatztoffe GmbH
9. Dostofarm GmbH
10. DelaconBiotechnik GmbH

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the Feed Phytogenics Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Verified Market Research
Price: $3950

Become a Member

Already a member? Login here.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.