Market Overview:
The global plant extracts for feed application 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%. The market growth can be attributed to the increasing demand for plant extracts as feed additives across the globe. On the basis of type, alkaloids are expected to account for a major share of the global plant extracts for feed application market during the forecast period. This can be attributed to their various benefits such as enhancing animal productivity and immunity. Organic acids are also anticipated to witness significant growth during the forecast period owing to their ability improve nutrient absorption and digestion in animals. On the basis of application, pig nutrition is expected to account for a major share of the global plant extracts for feed application market during 2018-2030. This can be attributed rising demand from pork producers across regions seeking ways t improve production efficiency and reduce costs associated with pig production. Poultry nutrition is also anticipated ot witness significant growth during th eforecast period owing o its growing popularity among consumers due t he health benefits associated with consuming poultry meat products .
Product Definition:
Plant extracts for feed application are natural substances derived from plants that are added to feed to improve the health and performance of livestock. Plant extracts can provide a variety of benefits, including boosting the immune system, reducing inflammation, improving digestion, and fighting infection. They are also a source of essential nutrients such as vitamins and minerals. Plant extracts play an important role in animal nutrition and help keep animals healthy and productive.
Alkaloids:
Alkaloids are naturally occurring plant derivatives. Alkaloid is a group of chemical compounds that are found in almost all plants and animals. Some common alkaloids include caffeine, nicotine, codeine, morphine, and quinine.
Organic Acids:
Organic acids are naturally occurring compounds that result from the fermentation of microorganisms. Organic acids such as butyric acid, malic acid, lactic acid and acetic acid are primarily used in animal feed to enhance the performance of animals. These organic acids can be produced by chemical or biological processes; however, most commercially available products are obtained through microbial fermentation.
Application Insights:
Pig nutrition was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The pig is considered as a valuable animal in terms of its importance for human food as well as animal feed consumption. Various plant extracts found in swine diets have been known to improve gut health, reduce inflammation, enhance immunity, and promote cardiovascular fitness. These factors are anticipated to drive product demand from 2018 to 2030.
The poultry sector also plays an important role in influencing consumer purchasing behavior with regard to food additives used for enhancing bird performance and overall satisfaction of consumers worldwide. This factor is projected to fuel market demand during the forecast period by way of additional impetus on product innovation by key industry participants cateringto this end-use segment globally over the coming years too (involving R&D investments).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. Increasing meat consumption in these countries coupled with rising awareness regarding animal health & nutrition is anticipated to drive industry growth over the forecast period.
China has been one of the largest producers as well as consumers of feed additives across Asia Pacific since past few years owing to increasing demand from poultry sector for enhancing egg quality along with proper weight management. In addition, growing livestock production mainly driven by expansion of agricultural land availability coupled with low labor cost will further boost product demand in this country over next eight years.
North America accounted for a significant share due to high R&D investment by companies operating within this region which resulted into development of new plant extracts for feed application products such as alfalfa seed extract (for cattle nutrition) and chicory root extract (for swine nutrition).
Growth Factors:
- Increasing demand for plant extracts as a natural feed additive to improve animal health and performance.
- Rising awareness about the benefits of plant extracts among livestock producers and feed manufacturers.
- Growing demand for organic meat and poultry products, which is expected to boost the demand for plant extracts as feed additives in the near future.
- Technological advancements in extraction and purification processes that are making it easier to produce high-quality plant extracts commercially.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant Extracts for Feed Application Market Research Report
By Type
Alkaloids, Organic Acids, Polysaccharide, Volatile Oil, Glucosides, Other
By Application
Pig Nutrition, Poultry Nutrition, Ruminant Nutriton, Aquatic Feed Additives, Other
By Companies
EW Nutrition, Adicen Group, Plantnat, Delacon, ID4 Feed, Beijing Keepyoung Technology Co., Ltd., Hunan Wujifeng Biotechnology Co., Ltd., JL-Extract
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Plant Extracts for Feed Application Market Report Segments:
The global Plant Extracts for Feed Application market is segmented on the basis of:
Types
Alkaloids, Organic Acids, Polysaccharide, Volatile Oil, Glucosides, Other
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
Pig Nutrition, Poultry Nutrition, Ruminant Nutriton, Aquatic Feed Additives, Other
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:
- EW Nutrition
- Adicen Group
- Plantnat
- Delacon
- ID4 Feed
- Beijing Keepyoung Technology Co., Ltd.
- Hunan Wujifeng Biotechnology Co., Ltd.
- JL-Extract
Highlights of The Plant Extracts for Feed Application 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:
- Alkaloids
- Organic Acids
- Polysaccharide
- Volatile Oil
- Glucosides
- Other
- By Application:
- Pig Nutrition
- Poultry Nutrition
- Ruminant Nutriton
- Aquatic Feed Additives
- Other
- 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 Plant Extracts for Feed Application 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?
Plant extracts are a type of feed additive that is made from the plant material itself. This means that the extract contains all of the nutrients and other chemicals found in the plant itself.
Some of the major companies in the plant extracts for feed application market are EW Nutrition, Adicen Group, Plantnat, Delacon, ID4 Feed, Beijing Keepyoung Technology Co., Ltd., Hunan Wujifeng Biotechnology Co., Ltd., JL-Extract.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plant Extracts for Feed Application 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 Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Size & Forecast, 2018-2028
4.5.1 Plant Extracts for Feed Application Market Size and Y-o-Y Growth
4.5.2 Plant Extracts for Feed Application Market Absolute $ Opportunity
Chapter 5 Global Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Size Forecast by Type
5.2.1 Alkaloids
5.2.2 Organic Acids
5.2.3 Polysaccharide
5.2.4 Volatile Oil
5.2.5 Glucosides
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Size Forecast by Applications
6.2.1 Pig Nutrition
6.2.2 Poultry Nutrition
6.2.3 Ruminant Nutriton
6.2.4 Aquatic Feed Additives
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plant Extracts for Feed Application 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 Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Analysis and Forecast
9.1 Introduction
9.2 North America Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Size Forecast by Type
9.6.1 Alkaloids
9.6.2 Organic Acids
9.6.3 Polysaccharide
9.6.4 Volatile Oil
9.6.5 Glucosides
9.6.6 Other
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 Plant Extracts for Feed Application Market Size Forecast by Applications
9.10.1 Pig Nutrition
9.10.2 Poultry Nutrition
9.10.3 Ruminant Nutriton
9.10.4 Aquatic Feed Additives
9.10.5 Other
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 Plant Extracts for Feed Application Analysis and Forecast
10.1 Introduction
10.2 Europe Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Size Forecast by Type
10.6.1 Alkaloids
10.6.2 Organic Acids
10.6.3 Polysaccharide
10.6.4 Volatile Oil
10.6.5 Glucosides
10.6.6 Other
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 Plant Extracts for Feed Application Market Size Forecast by Applications
10.10.1 Pig Nutrition
10.10.2 Poultry Nutrition
10.10.3 Ruminant Nutriton
10.10.4 Aquatic Feed Additives
10.10.5 Other
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 Plant Extracts for Feed Application Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Size Forecast by Type
11.6.1 Alkaloids
11.6.2 Organic Acids
11.6.3 Polysaccharide
11.6.4 Volatile Oil
11.6.5 Glucosides
11.6.6 Other
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 Plant Extracts for Feed Application Market Size Forecast by Applications
11.10.1 Pig Nutrition
11.10.2 Poultry Nutrition
11.10.3 Ruminant Nutriton
11.10.4 Aquatic Feed Additives
11.10.5 Other
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 Plant Extracts for Feed Application Analysis and Forecast
12.1 Introduction
12.2 Latin America Plant Extracts for Feed Application 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 Plant Extracts for Feed Application Market Size Forecast by Type
12.6.1 Alkaloids
12.6.2 Organic Acids
12.6.3 Polysaccharide
12.6.4 Volatile Oil
12.6.5 Glucosides
12.6.6 Other
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 Plant Extracts for Feed Application Market Size Forecast by Applications
12.10.1 Pig Nutrition
12.10.2 Poultry Nutrition
12.10.3 Ruminant Nutriton
12.10.4 Aquatic Feed Additives
12.10.5 Other
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) Plant Extracts for Feed Application Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plant Extracts for Feed Application 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) Plant Extracts for Feed Application Market Size Forecast by Type
13.6.1 Alkaloids
13.6.2 Organic Acids
13.6.3 Polysaccharide
13.6.4 Volatile Oil
13.6.5 Glucosides
13.6.6 Other
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) Plant Extracts for Feed Application Market Size Forecast by Applications
13.10.1 Pig Nutrition
13.10.2 Poultry Nutrition
13.10.3 Ruminant Nutriton
13.10.4 Aquatic Feed Additives
13.10.5 Other
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 Plant Extracts for Feed Application Market: Competitive Dashboard
14.2 Global Plant Extracts for Feed Application Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EW Nutrition
14.3.2 Adicen Group
14.3.3 Plantnat
14.3.4 Delacon
14.3.5 ID4 Feed
14.3.6 Beijing Keepyoung Technology Co., Ltd.
14.3.7 Hunan Wujifeng Biotechnology Co., Ltd.
14.3.8 JL-Extract
