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Phytogenic Feed Additives - Global Market Outlook (2018-2027)

Phytogenic Feed Additives - Global Market Outlook (2018-2027)

Published: January 2020 ID: SMRC18722
Published: January 2020 ID: SMRC18722

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Phytogenic Feed Additives Market accounted for $638.75 million in 2018 and is expected to reach $1,743.05 million by 2027 growing at a CAGR of 11.8% during the forecast period. Increase in demand for naturally produced feed additives, emphasis on improving poultry health, and check on the use of antibiotics are the factors driving the market growth. However, low profit margin may hinder the market growth.
 
Phytogenic feed additives usually consist of herbal plants and are made of a broad range of substances. They have potential antimicrobial properties other than providing anti-oxidative effects. These animal feed additives also aid in improving growth by enhancing palatability as well as improving gut functioning for increased food consumption.

By Livestock, the Poultry segment is likely to have a huge demand during the forecast period due to increase the demand for superior quality feed because of the rapid growth in poultry meat production. Based on geography, Europe is going to have a lucrative growth during the forecast period owing to the factors such as the prohibition of the use of antibiotics in animal feed and strict regulations imposed by the European Commission on synthetic feed additives.

Some of the key players profiled in the Phytogenic Feed Additives Market include Cargill Inc, BIOMIN Holding GmbH, DowDuPont, Bluestar Adisseo Co Ltd, Delacon Biotechnik GmbH, Natural Remedies, Phytosynthese, Ayurvet Limited, Dostofarm GmbH, Synthite Industries Ltd, Phytobiotics Futterzusatzstoffe GmbH, Silvateam S.P.A, Pancosma, Growell India, and Kemin Industries Inc.   

Forms Covered:
• Dry
• Liquid
 
Types Covered:
• Flavonoids
• Essential Oils
• Echinacea
• Oleoresins
• Saponins
• Other Types

Functions Covered:
• Antimicrobial Properties
• Palatability Enhancers
• Performance Enhancers
• Other Functions

Sources Covered:
• Fruits & Vegetables
• Herbs & Spices
• Flowers
 
Packaging Types Covered:
• Rigid Packaging
• Flexible Packaging
• Other Packaging Types

Livestock Covered:
• Equine
• Pets
• Poultry
• Aquatic Animals
• Swine
• Ruminants
• Other Livestock

Distribution Channels Covered:
• Mass Retailers
• Internet Retailing
• Direct Selling
• Other Distribution Channels

End Users Covered:
• Poultry Shops
• Poultry Owners
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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