Market Overview:
The global feed phytobiotics market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for animal-based food products, rising awareness about the benefits of using phytobiotics in animal feed, and growing concerns about food safety and quality. The global feed phytobiotics market is segmented by type into plant extracts, spices, herbs, and others. The plant extracts segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 7% from 2018 to 2030 due to the increasing demand for natural ingredients in animal feed formulations. The spices segment is projected to grow at a CAGR of 5% from 2018to 2030 due its ability improve palatability and digestibilityof feeds. The global feed phytobiotics marketis also dividedby applicationinto poultry, ruminants, swineand others segments .
Product Definition:
Feed Phytobiotics is a feed supplement that uses natural ingredients to improve the health and productivity of livestock. It is made from plants that have been proven to be beneficial for animals, and it helps them digest food more easily, absorb nutrients better, and resist disease. Feed Phytobiotics can be used in all types of livestock, including cows, pigs, chickens, and fish.
Plant Extracts:
Plant extracts are basically the concentrated essence of plants. They can be obtained from both natural and artificial sources. The most commonly used plant extracts in animal feed include aloe vera, soybean meal, menhaden fish oil, spirulina and chlorella. These are added to the animal feed either as a nutritional supplement or to provide antimicrobial protection against various diseases that may be prevalent in livestock animals (bovine).
Spices:
Spices are the products obtained from the distillation of plant materials, which are used as food flavoring and for other domestic purposes. Spices include whole spices and ground spices. Spices can be used to enhance flavor, aroma, taste as well as appearance in food products such as meat & poultry products; bakery & confectionery items; sauces & dressing; dairy items; fruits & vegetables among others.
Application Insights:
Poultry was the largest feed phytobiotics application segment in 2017 and is expected to continue its dominance over the forecast period. The growing poultry industry, especially in emerging markets of China, India and Brazil is anticipated to propel demand for feed phytobiocides.
Ruminants are expected to be one of the fastest-growing segments owing to increasing ruminant livestock production globally. Ruminants include cattle, sheep and goats; these animals have a rumen, which is a unique organ that helps them digest fibrous foodstuffs efficiently. Fibrous food intake promotes bacterial growth within rumen that eventually leads to spoilage of milk & reduces animal productivity as compared with monogastric animals such as pigs or cows where fermentation occurs at stomach level resulting in less efficiency on account of methane emission from cowpersons etcetera., thereby making ruminant livestock more productive than other livestock species.
Regional Analysis:
North America dominated the global feed phytobiotics market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period as well owing to high demand for meat products and rising awareness among consumers regarding animal health and hygiene. Asia Pacific is anticipated to witness a significant growth rate during the forecast period, which can be attributed to increasing R&D investments by industry players, growing exports of feed additives from developed countries such as Japan and Australia, along with rising awareness about animal health & hygiene issues amongst consumers. China has been observed as one of the largest markets for feed additives across this region owing to rapid industrialization coupled with an increase in livestock population there; these factors are anticipated aid regional growth over next eight years.
Europe also held a considerable share in this market due to high consumption of meat products especially beef in Germany, France.
Growth Factors:
- Increasing demand for organic food products: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness about the benefits of organic food, rising income levels, and changing lifestyles.
- Rising demand for probiotics: Probiotics are live microorganisms that offer health benefits when consumed in adequate amounts. They are being increasingly used in foods and supplements owing to their beneficial effects on human health. The global probiotics market is expected to grow at a CAGR of more than 16% from 2016 to 2021.
- Growing demand for functional foods: Functional foods are those that offer additional health benefits beyond basic nutrition. They are becoming popular among consumers due to their potential health advantages over traditional foods. The global functional food market is projected to grow at a CAGR of more than 8% from 2016 to 2021 .
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed Phytobiotics Market Research Report
By Type
Plant Extracts, Spices, Herbs, Others
By Application
Poultry, Ruminants, Swine, Others
By Companies
AB Agri, Archer-Daniels-Midland, Alltech, BIOMIN Holding, Cargill, ForFarmers, Kemin Industries, Neovia, Phytobiotics Futterzusatzstoffe, AB Agri
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Feed Phytobiotics Market Report Segments:
The global Feed Phytobiotics market is segmented on the basis of:
Types
Plant Extracts, Spices, Herbs, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Poultry, Ruminants, Swine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AB Agri
- Archer-Daniels-Midland
- Alltech
- BIOMIN Holding
- Cargill
- ForFarmers
- Kemin Industries
- Neovia
- Phytobiotics Futterzusatzstoffe
- AB Agri
Highlights of The Feed Phytobiotics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plant Extracts
- Spices
- Herbs
- Others
- By Application:
- Poultry
- Ruminants
- Swine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Feed Phytobiotics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Feed Phytobiotics is a dietary supplement that contains phytochemicals and plant-based proteins to support the health of horses. Feed Phytobiotics helps horses maintain a healthy digestive system, immune system, and overall well-being.
Some of the major players in the feed phytobiotics market are AB Agri, Archer-Daniels-Midland, Alltech, BIOMIN Holding, Cargill, ForFarmers, Kemin Industries, Neovia, Phytobiotics Futterzusatzstoffe, AB Agri.
The feed phytobiotics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Feed Phytobiotics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Feed Phytobiotics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Feed Phytobiotics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Feed Phytobiotics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Feed Phytobiotics Market Size & Forecast, 2020-2028
4.5.1 Feed Phytobiotics Market Size and Y-o-Y Growth
4.5.2 Feed Phytobiotics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plant Extracts
5.2.2 Spices
5.2.3 Herbs
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Poultry
6.2.2 Ruminants
6.2.3 Swine
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Feed Phytobiotics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Feed Phytobiotics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plant Extracts
9.6.2 Spices
9.6.3 Herbs
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Poultry
9.10.2 Ruminants
9.10.3 Swine
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plant Extracts
10.6.2 Spices
10.6.3 Herbs
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Poultry
10.10.2 Ruminants
10.10.3 Swine
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plant Extracts
11.6.2 Spices
11.6.3 Herbs
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Poultry
11.10.2 Ruminants
11.10.3 Swine
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plant Extracts
12.6.2 Spices
12.6.3 Herbs
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Poultry
12.10.2 Ruminants
12.10.3 Swine
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plant Extracts
13.6.2 Spices
13.6.3 Herbs
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Poultry
13.10.2 Ruminants
13.10.3 Swine
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Feed Phytobiotics Market: Competitive Dashboard
14.2 Global Feed Phytobiotics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AB Agri
14.3.2 Archer-Daniels-Midland
14.3.3 Alltech
14.3.4 BIOMIN Holding
14.3.5 Cargill
14.3.6 ForFarmers
14.3.7 Kemin Industries
14.3.8 Neovia
14.3.9 Phytobiotics Futterzusatzstoffe
14.3.10 AB Agri
