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Feed Phytogenics Market is Focused on Expanding Its Business and Product Portfolio by Launching New Products
(U.S.), Phytobiotics Futterzusatzstoffe GmbH (Germany), Delacon Biotechnik GmbH (Austria), BIOMIN Holding GmbH (Austria), and E. I. du Pont de Nemours and Company (U.S.), collectively accounting for a major part of the feed phytogenics market. Expansions and new product launches are the preferred growth strategies in this market. The purpose of adopting these strategies is that it results in better market penetration and market coverage, increases product portfolio, and helps to reach new potential markets. Other players such as Kemin Industries, Inc. (U.S.), PANCOSMA SA (Switzerland), Phytosynthese (France), DOSTOFARM GmbH (Germany), and A&A Pharmachem Inc. (Canada) also have a strong presence in this market.
Delacon Biotechnik GmbH (Austria)
Delacon Biotechnik GmbH is one of the leading players in the feed phytogenics market and develops & produces natural feed additives prepared from spices, herbs, and essential oils for poultry, ruminants, and swine. The company operates primarily through four business segments, namely, phytogenics, carbon footprint reduction, ammonia-reducing additives, and feed additives. Delacon exports its products to more than 50 countries, with 16 offices and 50 distribution partners across the globe. The company has adopted expansions and new product launches as the key strategies for developing the infrastructure of its existing facilities, establishing new manufacturing units, and increasing the customer base. In January 2015, Delacon Biotechnik GmbH launched BIOSTRONG 510, the first phytogenic product range for poultry which controls and maintains the common critical intestinal health along with improved nutrient digestibility, enhanced feed efficiency, and reduced toxic gas emission.
BIOMIN Holding GmbH (Austria)
BIOMIN Holding GmbH is a manufacturer of animal feed additives & premixes. It provides services that help in increasing animals’ performance in a cost-effective manner. Its diversified product range includes phytogenics, acidifiers, probiotics, preservation, enzymes, yeast derivatives, and mycotoxic risk management products. The company provides these feed solutions to poultry, swine, ruminants, and aquaculture. BIOMIN is also the first among the world’s feed additives company to be fully certified under the Life Cycle Assessment of the U.S. Environmental Protection Agency. It is focused on expanding its business and product portfolio by launching new products. Expansion is one of the top strategies for BIOMIN. In March 2015, the company opened a new plant in Panama and its headquarters in Austria, which helped the company to provide fast delivery to all BIOMIN customers as well as distributors in the American market.
Feed Phytogenics Market by Type (Essential Oils, Herbs & Spices, Oleoresins, and Others), Livestock (Swine, Ruminants, Aquatics, Equine, Poultry, and Others), Function, & by Region - Global Trends & Forecast to 2021
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