Feed Phytogenics Market by Type (Essential Oils, Herbs & Spices, and Oleoresins), Livestock (Swine, Ruminants, Aquatic Animals, and Poultry), Function (Performance Enhancers and Palatability Enhancers), and Region - Global Forecast to 2023

The market for feed phytogenics was valued at USD 586.8 Million in 2017; it is projected to grow at a CAGR of 8.8% from 2018, to reach USD 962.5 Million by 2023. The market is estimated to be driven by factors such as the ban on antibiotics growth promoters in animal feed, growing awareness about animal health & feed quality, and the rise in awareness about the health benefits of phytogenics.

The periodization considered for the study is as follows:

• Base year: 2017
• Forecast period: 2018 to 2023

The objectives of the report

• Determining and projecting the size of the global market with respect to type, function, livestock, and regional markets, over a five-year period ranging from 2018 to 2023
• Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
• Analyzing the further segments and subsegments of the global market included in the report with respect to individual growth trends, future prospects, and their contribution to the global market
• Identifying and profiling the key market players in the feed phytogenics market
• Determining the market ranking of the key players operating in the feed phytogenics market
• Providing a comparative analysis of the market leaders on the basis of the following:
  • Product offerings
  • Business strategies
  • Strengths and weaknesses
  • Key financials
• Understanding the competitive landscape and identifying the major growth strategies adopted by the players across the key regions
• Analyzing the market dynamics and competitive situations & trends across regions and their impact on prominent market players

Research Methodology

• This report includes estimations of the market size in terms of value (USD million) and volume (KT).
• Both, the top-down and bottom-up approaches have been used to estimate and validate the size of the global market and to estimate the size of various other dependent submarkets in the overall market.
• The key players in the market have been identified through secondary research and primary research.
• All percentage shares, splits, and breakdowns have been determined using secondary sources such as Food and Agriculture Organization (FAO), Association of Poultry Processors and Poultry Trade in the EU (AVEC), and International Feed Industry Federation (IFIF) and verified through primary sources.
• The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

To know about the assumptions considered for the study, download the pdf brochure

Key participants in the feed phytogenics market are phytogenics manufacturers, feed manufacturers, herbs & spices suppliers, end users. The key players that are profiled in the report include Delacon (Austria), Biomin (Austria), Cargill (US), DuPont (US), Adisseo (China), Dostofarm (Germany), Phytobiotics Futterzusatzstoffe GmbH (Germany), Pancosma (Switzerland), A&A Pharmachem Inc. (Canada), and Kemin Industries (US).

Target Audience

This report is targeted at the existing stakeholders in the industry, which include the following:

• Feed manufacturers
• Feed product distributors
• Essential oil manufacturers and vendors
• Herb & spice suppliers
• Feed additive manufacturers
• R&D institutes
• Regulatory bodies & government agencies

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”

Scope of the Report

This research report categorizes the global market based on type, function, livestock, and region.

On the basis of Type, the market has been segmented as follows:

• Herbs & spices
• Essential oils
• Oleoresins
• Other types (mucilage and Echinacea)

On the basis of Function, the  market has been segmented as follows:

• Performance enhancers
• Palatability enhancers
• Other functions (preventative health maintainers, antioxidants, and greenhouse gas emission mitigators)

On the basis of Livestock, the market has been segmented as follows:

• Ruminants
• Poultry
• Swine
• Aquatic animals
• Other livestock (pets and equine)

On the basis of Region, the market has been segmented as follows:

• North America
• Europe
• Asia Pacific
• South America
• RoW (the Middle East and Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Segment Analysis

• Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

• Further breakdown of the Rest of Asia Pacific feed phytogenics market, by country
• Further breakdown of the Rest of European feed phytogenics market, by country
• Further breakdown of South American feed phytogenics market, by country
• Further breakdown of the Rest of the World feed phytogenics market, by country

Company Information

• Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Unit Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions & Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities in this Market
    4.2 Feed Phytogenics Market Size, By Type & Region
    4.3 Europe: the Fastest-Growing Market for Feed Phytogenics
    4.4 Feed Phytogenics Market Size, Developing vs Developed Countries
    4.5 Feed Phytogenics Market, By Function

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Advancements in the Feed Industry
                    5.2.1.2 Increased Demand for Livestock Products
                    5.2.1.3 Rising Awareness About Animal Health & Feed Quality
                    5.2.1.4 Ban on Antibiotics as Growth Promoters
                    5.2.1.5 Health Benefits of Phytogenics
           5.2.2 Restraints
                    5.2.2.1 High Cost of Natural Feed Additives
                    5.2.2.2 Complex Composition of Phytogenic Compounds
           5.2.3 Opportunities
                    5.2.3.1 Increasing Focus on Untapped Markets
           5.2.4 Challenges
                    5.2.4.1 Low Awareness About the Usage of Phytogenics in the Feed Industry
    5.3 Supply Chain Analysis

6 Feed Phytogenics Market, By Type (Page No. - 47)
    6.1 Introduction
    6.2 Herbs & Spices
    6.3 Essential Oils
    6.4 Oleoresins
    6.5 Others

7 Feed Phytogenics Market, By Function (Page No. - 56)
    7.1 Introduction
    7.2 Performance Enhancers
    7.3 Palatability Enhancers
    7.4 Others

8 Feed Phytogenics Market, By Livestock (Page No. - 63)
    8.1 Introduction
    8.2 Ruminants
           8.2.1 Calves
           8.2.2 Dairy Cattle
           8.2.3 Beef Cattle
           8.2.4 Others
    8.3 Poultry
           8.3.1 Broilers
           8.3.2 Turkey
           8.3.3 Layers
           8.3.4 Others
    8.4 Swine
           8.4.1 Starter
           8.4.2 Grower
           8.4.3 Sow
    8.5 Aquatic Animals
    8.6 Others

9 Feed Phytogenics Market, By Region (Page No. - 75)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Spain
           9.3.2 Italy
           9.3.3 Germany
           9.3.4 France
           9.3.5 Russia
           9.3.6 UK
           9.3.7 Rest of Europe
    9.4 Asia Pacific
           9.4.1 China
           9.4.2 India
           9.4.3 Vietnam
           9.4.4 Australia
           9.4.5 Thailand
           9.4.6 Japan
           9.4.7 Rest of Asia Pacific
    9.5 South America
           9.5.1 Brazil
           9.5.2 Argentina
           9.5.3 Rest of South America
    9.6 Rest of the World (RoW)
           9.6.1 Africa
           9.6.2 Middle East

10 Competitive Landscape (Page No. - 122)
     10.1 Overview
     10.2 Company Rankings
     10.3 Competitive Scenario
             10.3.1 New Product Launches
             10.3.2 Acquisitions
             10.3.3 Agreements & Partnerships
             10.3.4 Expansions & Investments

11 Company Profiles (Page No. - 129)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     11.1 Introduction
     11.2 Cargill
     11.3 Dupont
     11.4 Biomin Holding GmbH
     11.5 Delacon Biotechnik GmbH
     11.6 Bluestar Adisseo Company
     11.7 Kemin Industries, Inc.
     11.8 Dostofarm GmbH
     11.9 Phytobiotics Futterzusatzstoffe GmbH
     11.10 Pancosma
     11.11 A&A Pharmachem Inc.
     11.12 Phytosynthese
     11.13 Synthite Industries Ltd.
     11.14 Silvateam S.P.A.

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 155)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details

List of Tables (108 Tables)

Table 1 Feed Phytogenics Market Snapshot (Value), 2018 vs 2023
Table 2 Per Capita Consumption of Meat, 1997–2030
Table 3 Composition of Phytogenic Feed Additives
Table 4 Feed Phytogenics Market Size, By Type, 2016–2023 (USD Million)
Table 5 Feed Phytogenics Market Size, By Type, 2016–2023 (KT)
Table 6 Herbs & Spices: Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 7 Herbs & Spices: Market Size, By Region, 2016–2023 (KT)
Table 8 Essential Oils: Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 9 Essential Oils: Market Size, By Region, 2016–2023 (KT)
Table 10 Oleoresins: Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 11 Oleoresins: Market Size, By Region, 2016–2023 (KT)
Table 12 Other Types: Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 13 Other Types: Market Size, By Region, 2016–2023 (KT)
Table 14 Feed Phytogenics Market Size, By Function, 2016–2023 (USD Million)
Table 15 Market Size, By Function, 2016–2023 (KT)
Table 16 Performance Enhancers in Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 17 Performance Enhancers in Feed Phytogenics Market Size, By Region, 2016–2023 (KT)
Table 18 Palatability Enhancers in Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 19 Palatability Enhancers in Feed Phytogenics Market Size, By Region, 2016–2023 (KT)
Table 20 Other Functions in Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 21 Other Functions in Feed Phytogenics Market Size, By Region, 2016–2023 (KT)
Table 22 Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 23 Market Size, By Livestock, 2016–2023 (KT)
Table 24 Market Size for Ruminants, By Ruminant Type, 2016–2023 (USD Million)
Table 25 Market Size for Ruminants, By Region, 2016–2023 (USD Million)
Table 26 Market Size for Ruminants, By Region, 2016–2023 (KT)
Table 27 Market Size for Poultry, By Poultry Type, 2016–2023 (USD Million)
Table 28 Market Size for Poultry, By Region, 2016–2023 (USD Million)
Table 29 Market Size for Poultry, By Region, 2016–2023 (KT)
Table 30 Market Size for Swine, By Swine Type, 2016–2023 (USD Million)
Table 31 Market Size for Swine, By Region, 2016–2023 (USD Million)
Table 32 Market Size for Swine, By Region, 2016–2023 (KT)
Table 33  Market Size for Aquatic Animals, By Region, 2016–2023 (USD Million)
Table 34 Market Size for Aquatic Animals, By Region, 2016–2023 (KT)
Table 35 Market Size for Other Livestock, By Region, 2016–2023 (USD Million)
Table 36 Feed Phytogenics Segment Market Size for Other Livestock, By Region, 2016–2023 (KT)
Table 37 Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 38 Market Size, By Region, 2016–2023 (KT)
Table 39 North America: Feed Phytogenics Market Size, By Country, 2016–2023 (USD Million)
Table 40 North America: Market Size, By Country, 2016–2023 (KT)
Table 41 North America: Market Size, By Type, 2016–2023 (USD Million)
Table 42 North America: Market Size, By Type, 2016–2023 (KT)
Table 43 North America: Market Size, By Function, 2016–2023 (USD Million)
Table 44 North America: Market Size, By Function, 2016–2023 (KT)
Table 45 North America: Market Size, By Livestock, 2016–2023 (USD Million)
Table 46 North America: Market Size, By Livestock, 2016–2023 (KT)
Table 47 US: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 48 Canada: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 49 Mexico: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 50 Europe: Feed Phytogenics Market Size, By Country, 2016–2023 (USD Million)
Table 51 Europe: Market Size, By Country, 2016–2023 (KT)
Table 52 Europe: Market Size, By Type, 2016–2023 (USD Million)
Table 53 Europe: Market Size, By Type, 2016–2023 (KT)
Table 54 Europe: Market Size, By Livestock, 2016–2023 (USD Million)
Table 55 Europe: Market Size, By Livestock, 2016–2023 (KT)
Table 56 Europe: Market Size, By Function, 2016–2023 (USD Million)
Table 57 Europe: Market Size, By Function, 2016–2023 (KT)
Table 58 Spain: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 59 Italy: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 60 Germany: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 61 France: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 62 Russia: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 63 UK: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 64 Rest of Europe: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 65 Asia Pacific: Feed Phytogenics Market Size, By Country, 2016–2023 (USD Million)
Table 66 Asia Pacific: Market Size, By Country, 2016–2023 (KT)
Table 67 Asia Pacific: Market Size, By Type, 2016–2023 (USD Million)
Table 68 Asia Pacific: Market Size, By Type, 2016–2023 (KT)
Table 69 Asia Pacific: Market Size, By Function, 2016–2023 (USD Million)
Table 70 Asia Pacific: Market Size, By Function, 2016–2023 (KT)
Table 71 Asia Pacific:  Market Size, By Livestock, 2016–2023 (USD Million)
Table 72 Asia Pacific: Market Size, By Livestock, 2016–2023 (KT)
Table 73 China: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 74 India: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 75 Vietnam: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 76 Australia: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 77 Thailand: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 78 Japan: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 79 Rest of Asia Pacific: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 80 South America: Feed Phytogenics Market Size, By Country, 2016–2023 (USD Million)
Table 81 South America: Market Size, By Country, 2016–2023 (KT)
Table 82 South America: Market Size, By Type, 2016–2023 (USD Million)
Table 83 South America: Market Size, By Type, 2016–2023 (KT)
Table 84 South America: Market Size, By Function, 2016–2023 (USD Million)
Table 85 South America: Market Size, By Type, 2016–2023 (KT)
Table 86 South America: Market Size, By Livestock, 2016–2023 (USD Million)
Table 87 South America: Market Size, By Livestock, 2016–2023 (KT)
Table 88 Brazil: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 89 Brazil: Beef & Veal Production, Consumption, and Trade Data, 2016-2018
Table 90 Argentina: Beef & Veal Production, Consumption, and Trade Data, 2016-2018
Table 91 Argentina: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 92 Rest of South America: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 93 RoW: Feed Phytogenics Market Size, By Region, 2016–2023 (USD Million)
Table 94 RoW: Market Size, By Region, 2016–2023 (KT)
Table 95 RoW: Market Size, By Type, 2016–2023 (USD Million)
Table 96 RoW: Market Size, By Type, 2016–2023 (KT)
Table 97 RoW: Market Size, By Function, 2016–2023 (USD Million)
Table 98 RoW: Market Size, By Function, 2016–2023 (KT)
Table 99 RoW:  Market Size, By Livestock, 2016–2023 (USD Million)
Table 100 RoW: Market Size, By Livestock, 2016–2023 (KT)
Table 101 Africa: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 102 Middle East: Feed Phytogenics Market Size, By Livestock, 2016–2023 (USD Million)
Table 103 Middle East: Market Size, By Livestock, 2016–2023 (USD Million)
Table 104 Feed Phytogenics Market, Company Ranking, 2017
Table 105 New Product Launches, 2013–2018
Table 106 Acquisitions, 2013–2017
Table 107 Agreements & Partnerships, 2013–2017
Table 108 Expansions and Investments, 2013–2018

List of Figures (40 Figures)

Figure 1 Feed Phytogenics Market Segmentation
Figure 2 Regional Scope
Figure 3 Research Design
Figure 4 Feed Phytogenics Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Research Assumptions
Figure 8 Research Limitations
Figure 9 Feed Phytogenics Market Size, By Type, 2018 vs 2023 (USD Million)
Figure 10 Market Size, By Livestock, 2018 vs 2023 (USD Million)
Figure 11 Market Trend, By Function, 2018 vs 2023 (USD Million)
Figure 12 Market Share (Value), By Region, 2017
Figure 13 Feed Phytogenics: an Emerging Market With Promising Growth Potential, 2018–2023 (USD Million)
Figure 14 Europe Accounted for the Largest Share of the Essential Oils Segment in 2017
Figure 15 Ban on Antibiotics in Animal Feed Strengthened the Demand for Phytogenics in the European Region
Figure 16 China is Projected to Be the Largest Market Through the Forecast Period Among the Developing Countries
Figure 17 Palatability Enhancers Acquired the Largest Market Share Throughout the Forecast Period
Figure 18 Feed Phytogenics: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Global Per Capita Meat Consumption, 2000–2016 (Pounds)
Figure 20 Global Milk Production, 2013–2016 (Million Tons)
Figure 21 Per Capita Consumption of Eggs, 2010–2014
Figure 22 Feed Phytogenics: Supply Chain
Figure 23 Herbs & Spices Segment to Be the Fastest-Growing in the Feed Phytogenics Market, 2018 vs 2023 (USD Million)
Figure 24 Herbs & Spices: Europe is Projected to Be the Fastest-Growing Region, 2018 vs 2023 (KT)
Figure 25 Essential Oils: Europe is Projected to Be the Fastest-Growing Region, 2018 vs 2023 (USD Million)
Figure 26 Palatability Enhancers Projected to Be the Fastest-Growing Segment of the Feed Phytogenics Market
Figure 27 Poultry is Projected to Be the Fastest-Growing Segment Between 2018 & 2023
Figure 28 Geographic Snapshot (2018–2023): European Countries are Emerging as New Hotspots in the Feed Phytogenics Market
Figure 29 Europe: Feed Phytogenics Market Snapshot
Figure 30 Asia Pacific: Feed Phytogenics Market Snapshot
Figure 31 Expansions, Investments, and New Product Launches Were Preferred By Key Feed Phytogenic Companies in the Last Five Years
Figure 32 Strengthening Market Presence Through New Product Launches, Expansions, and Investments Between 2013 and 2018
Figure 33 Cargill: Company Snapshot
Figure 34 Cargill: SWOT Analysis
Figure 35 Dupont: Company Snapshot
Figure 36 Dupont: SWOT Analysis
Figure 37 Biomin Holding GmbH: SWOT Analysis
Figure 38 Delacon Biotechnik GmbH: SWOT Analysis
Figure 39 Bluestar Adisseo Company: Company Snapshot
Figure 40 Bluestar Adisseo Company: SWOT Analysis

The feed phytogenics market is projected to grow at a CAGR of 8.8%, to reach a value of USD 962.5 Million by 2023 from USD 631.4 Million in 2018. The market growth is driven by advancements in the feed industry, increased demand for livestock products, the rise in awareness about animal health & feed quality, ban on antibiotics as growth promoters, and health benefits of phytogenics.

On the basis of function, the market was led by the palatability enhancers segment in 2017. Palatability enhancers help increase the feed intake in livestock due to the presence of flavor and aroma. Results are more prominent among young animals, which has increased the demand for these palatability enhancers due to increased growth of the animals resulting in high productivity of the animals.

On the basis of type, the essential oils segment accounted for the largest market share; this can be attributed to the ban on the use of antibiotics as growth promoters in animal feed. Essential oils can also be used in various blends and have strong aromatic and flavoring properties which drives the demand for these oils as feed additives.

On the basis of livestock, the feed phytogenics market was led by the poultry segment in 2017. The high demand for white meat has induced high pressure on the poultry meat market for high production. The ban on antibiotics growth promoters in regions such as Europe and South Korea has also boosted the demand for feed phytogenics in poultry, as they include antimicrobial, antiviral, and/or antioxidant properties.

The Asia Pacific region is an emerging market with investments from several multinational manufacturers, especially in countries such as China, New Zealand, and Japan. Asia Pacific accounted for the largest market share for feed phytogenics in 2017. The increasing demand for quality meat products, awareness about food safety and the quality of meat among consumers, and high requirement of feed additives with high conversion rate with no side effects in animals are driving the market for natural feed products in the region, thereby boosting the demand for feed phytogenics.

However, the high cost of these natural feed additives and complex composition of phytogenic feed additives are expected to restrain the market growth over the next few years, especially in developing countries such as China, India, and Brazil where the dependence on chemical crop protection products is high.

Availability of raw materials depends on climatic conditions; the high cost of feed phytogenics products and low shelf life of these natural feed additives have resulted in the expansion of key players into various regions to manufacture phytogenics locally in developing countries such as China, India, and New Zealand. Companies such as Delacon (Austria), Cargill (US), DuPont (US), Biomin (Austria), and Adisseo (China) have acquired leading market positions in the feed phytogenics market through the provision of a broad portfolio, catering to the varied requirements of the market, along with a focus on diverse end-user segments. They are also focused on innovation and are geographically diversified.

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