Market Overview:
The global flavonoid phytogenic feed additive market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for natural flavonoid phytogenic feed additives from the agriculture and industry applications. Moreover, the growing awareness about the benefits of using natural flavonoid phytogenic feed additives is expected to fuel the demand for these products over the forecast period. On basis of type, natural flavonoids are projected to account for a larger share of global Flavonoid Phytogenic Feed Additive Market by 2030 owing to their high nutritional value and health benefits as compared with synthetic counterparts. On basis of application, agriculture segment is anticipated witness highest growth rate during forecast period due rising consumer preference towards organic food products coupled with government initiatives towards development & promotion of organic farming across globe .
Product Definition:
A flavonoid is a type of phytochemical. Phytochemicals are chemicals that occur naturally in plants. Flavonoids are a group of phytochemicals with similar structures. They are found in many plant foods, including fruits, vegetables, and tea.
Natural:
Natural is a product that comes from an organism or organisms, but is modified to produce it in a laboratory. In the case of feed additives, natural flavonoids are phytogenic (plant-based) feed additive derived from plant extracts. Natural flavonoid used as a feed additive helps animals fight off infections and recover faster after surgery. It also helps them grow stronger and healthier by improving their digestion system.
Synthetic:
Synthetic is a man-made product and it has no natural occurrence. It is also known as laboratory produced or artificial. Synthetic products are usually derived from petroleum compounds, such as ethane, propane, butanes and pentanes. These are processed to form polymers which can be used in animal feed additives for enhancing the properties of the final product for human consumption.
Application Insights:
The agriculture application segment led the global flavonoid phytogenic feed additive market in 2017. This is attributed to rising demand for natural products, which are derived from plants, as additives in animal nutrition. The agricultural industry has been one of the largest consumers of these products due to their ability to improve animal productivity and health condition.
In addition, increasing awareness among farmers regarding product benefits such as increased milk yield; reduction in fat deposition; improvement in hair coat quality and skin texture; and promotion of bone development is expected to drive growth over the forecast period. However, high production costs have restrained its consumption largely by large-scale farmers across all regions where it is manufactured owing to economies off scale advantage when compared with smaller manufacturers or generic brands sold at lower prices.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to high consumption of red wine and processed meat products. The U.S., in particular, is one of the major producers and consumers of these products due to high availability of a large consumer base along with sophisticated processing techniques used by companies operating within the region.
Asia Pacific is expected to be one among the fastest-growing regional markets during forecast years on account that countries such as China, India, Japan have been experiencing strong economic growth over past few years which has resulted into increased production levels across various industries including food & beverage sector resulting into higher demand for flavonoid phytogenic feed additives in this region.
Growth Factors:
- Increasing demand for natural feed additives: The global Flavonoid Phytogenic Feed Additive market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for natural feed additives as they are safe and improve the overall health of animals.
- Rising awareness about benefits of phytogenic feed additives: There is a growing awareness among consumers about the benefits of using phytogenic feed additives, which is driving the growth of this market.
- Growing demand from livestock industry: The livestock industry accounts for a major share in the global Flavonoid Phytogenic Feed Additive market and is expected to grow at a CAGR of 6% during the forecast period. This can be attributed to rising meat consumption across regions, coupled with an increase in disposable income levels that has led to an increase in investments in livestock farming by farmers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flavonoid Phytogenic Feed Additive Market Research Report
By Type
Natural, Synthetic
By Application
Agriculture, Industry, Others
By Companies
Cargill, Delacon Biotechnik GmbH, BIOMIN Holding GmbH, Bluestar Adisseo Co., DuPont, Natural Remedies, Synthite Industries Ltd.
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Flavonoid Phytogenic Feed Additive Market Report Segments:
The global Flavonoid Phytogenic Feed Additive market is segmented on the basis of:
Types
Natural, Synthetic
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
Agriculture, Industry, 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:
- Cargill
- Delacon Biotechnik GmbH
- BIOMIN Holding GmbH
- Bluestar Adisseo Co.
- DuPont
- Natural Remedies
- Synthite Industries Ltd.
Highlights of The Flavonoid Phytogenic Feed Additive 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:
- Natural
- Synthetic
- By Application:
- Agriculture
- Industry
- 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 Flavonoid Phytogenic Feed Additive 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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- Correctly Positioning New Products
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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?
Flavonoid phytogenic feed additives are substances that can help plants to produce more flavonoids, which are beneficial compounds found in many fruits and vegetables.
Some of the major players in the flavonoid phytogenic feed additive market are Cargill, Delacon Biotechnik GmbH, BIOMIN Holding GmbH, Bluestar Adisseo Co., DuPont, Natural Remedies, Synthite Industries Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flavonoid Phytogenic Feed Additive 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 Flavonoid Phytogenic Feed Additive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flavonoid Phytogenic Feed Additive 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 Flavonoid Phytogenic Feed Additive 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 Flavonoid Phytogenic Feed Additive Market Size & Forecast, 2020-2028
4.5.1 Flavonoid Phytogenic Feed Additive Market Size and Y-o-Y Growth
4.5.2 Flavonoid Phytogenic Feed Additive 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 Natural
5.2.2 Synthetic
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 Agriculture
6.2.2 Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flavonoid Phytogenic Feed Additive 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 Flavonoid Phytogenic Feed Additive 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 Natural
9.6.2 Synthetic
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 Agriculture
9.10.2 Industry
9.10.3 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 Natural
10.6.2 Synthetic
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 Agriculture
10.10.2 Industry
10.10.3 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 Natural
11.6.2 Synthetic
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 Agriculture
11.10.2 Industry
11.10.3 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 Natural
12.6.2 Synthetic
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 Agriculture
12.10.2 Industry
12.10.3 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 Natural
13.6.2 Synthetic
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 Agriculture
13.10.2 Industry
13.10.3 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 Flavonoid Phytogenic Feed Additive Market: Competitive Dashboard
14.2 Global Flavonoid Phytogenic Feed Additive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Delacon Biotechnik GmbH
14.3.3 BIOMIN Holding GmbH
14.3.4 Bluestar Adisseo Co.
14.3.5 DuPont
14.3.6 Natural Remedies
14.3.7 Synthite Industries Ltd.
