Phytogenic Feed Additive Market Exhibits Huge Growth by Top Key Players

The Phytogenic Feed Additive Market estimated at USD 932.28 Million in the year 2023, is projected to reach a revised size of USD 1894.92 Million by 2032, growing at a CAGR of 8.20% over the analysis period 2024-2032

Phytogenetic feed additives, also known as plant-based feed additives, are natural ingredients derived from plants such as herbs, spices, etc., which are added to animal feed to improve animal health and performance Use such additives this serves as an alternative to feed additives It contains, such as antioxidants, growth promoters and preservatives, commonly used in animal feeds Feed additives contain essential oils, tannins, flavonoids and saponins, which have antibacterial, antiseptic, antiseptic and cooking stimulant properties These properties enhance yam digestibility, enhance absorption of nutrients , the animals lack immune system They also contribute to growth.

Phytogenetic feed additives are commonly used to produce meat, dairy and poultry products, also in aquaculture and pet foods Considered safe and environmentally friendly, they are widely used as natural carriers replace feed additives in response to consumer demand for natural and organic products The use of phytogenetic feed additives in animal feed has many advantages including improved feed efficiency, reduced risk of disease, and improved animal welfare

Who are the key players operating in the industry?

  • Cargill Incorporated (US)
  • Dupont De Nemours 
  • Bentoli (US)
  • BIOMIN (Austria)
  • DOSTOFARM Gmbh (Germany)
  • Phytobiotics Futterzusatzstoffe Gmbh (Germany)
  • Pancosma (Switzerland)
  • The Himalaya Drug Company (India)
  • Silvateam S.P.A. (Italy)
  • NOR-FEED VIETNAM CO. LTD (France)
  • INFOEMPRESA SL (Spain)
  • Bluestar Adisseo Co. Ltd. (China)
  • Natural Remedies (India)
  • Delacon Biotechnik Gmbh (Austria) and other major players.

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Phytogenetic Food Additives Market Additives

  • Growing demand for natural organic foods

Globally, the demand for natural organic foods is increasing, leading to demand for additives in plant-based foods as they are natural and organic

  • Prohibition of antibiotics in animal feed

Many countries have banned the use of antibiotics in animal feed due to growing concerns about antibiotic resistance. This has led to the increasing use of plant-based food supplements as alternatives to antibiotics.

  • Increased awareness of animal health

Consumers are becoming increasingly aware of animal health and welfare, leading to a demand for natural additives in organic food that can improve animal health and welfare.

The drivers:- Technology development and research

Advances in extraction techniques, fertilizer technologies and scientific research have expanded the understanding of the nutritional compounds in plants and their potential use in animal feed This has made them easier to produce efficiency and stability of new phytogenetic additives.

The Report on Platform As A Market provides detailed analysis of segments in the market based on:

By Type

  • Essential Oils
  • Herbs
  • Spices
  • Oleoresins

By Livestock

  • Poultry
  • Cattle
  • Aquatic
  • Swine
  • Other Ruminants

By Form

  • Liquid
  • Dry

By Sources

  • Flower
  • Fruits
  • Leaves
  • Roots
  • Non-Aqueous Solvents from Plant Materials

opportunity:-  Differences in value added

Producers can differentiate their animal products in the market by using phytogenetic feed additives as part of their animal production by emphasizing the natural and sustainable nature of these additives in 2012, producers can command higher prices and capture niche market segments that demand high quality, ethically produced meat, dairy and poultry products

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

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Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

To ensure accuracy and reliability, our research leverages numerous primary and secondary sources. We employ industry-standard tools such as Porter's Five Forces Analysis, Swot Analysis, And Price Trend Analysis. Our extensive geographical coverage allows for a comprehensive understanding of regional trends and externally affecting factors.

Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market role, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin, while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Phytogenic Feed Additive Market.

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Key Industry Development in Phytogenic Feed Additive Market

  • In March 2023, Indian Herbs announced the launch of a new product named HEATBEAT for poultry. This product is a combination of natural vitamin C, organic chromium complex, and mint. This launch helped the company in the expansion of its product portfolio.

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