Feed Phytogenics Market growth accelerating at 7.78% CAGR -- APAC to emerge as key market

The potential growth difference for the feed phytogenics market between 2021 and 2026 is USD 377.39  million and the growth momentum is expected to accelerate at a CAGR of 7.78% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download PDF Sample Report

• Market Driver
• Market Challenges

The growing poultry industry and growing awareness about the side effects of antibiotics as feed additives are some of the key market drivers. Factors such as rising population, increasing income of the middle-class population, and urbanization contribute have increased demand for food across the world. Poultry is one of the most important sectors in the world due to its involvement in global food security and its leading role in the international market. The growing demand for food is increasing the usage of feed additives by poultry farmers as they help in improving the metabolism, immunity, health, and growth performance of poultry birds without any side effects. All these factors will drive the growth of the market in focus during the forecast period.

However, factors such as growing consumer inclination toward vegan food will challenge market growth. Learn about additional key drivers, trends, and challenges available with Technavio. Read Sample Report Here

The feed phytogenics market report is segmented by type (essential oils, herbs and spices, oleoresins, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). 

By type, the market growth will be significant in the essential oils segment during the forecast period. The segment is driven by the growing importance as an alternative to antibiotics in animal nutrition.

By geography, APAC will be the leading region, occupying 54% of the market's growth during the forecast period. Factors such as the rising awareness regarding the overuse of antibiotics and the presence of the largest livestock population are driving the growth of the regional market.

The global feed phytogenics market is fragmented with the presence of several established vendors. The vendors operate in a highly competitive market. Large vendors have a vast geographical presence with production facilities located globally. The market also has a sizeable number of small regional vendors. Intense competition and declining profit margins are significant risk factors in vendor operations. With the increase in competition, the industry has witnessed consolidation, where smaller entities are acquired by or merged with major players. To survive and succeed in this intensely competitive environment, it becomes imperative for the vendors in the market to distinguish their product and service offerings through clear and unique value propositions.

The following are identified as key players in the market.

• Archer Daniels Midland Co.
• AVT Natural Products Ltd.
• BASF SE
• BIOMIN Holding GmbH
• Bluestar Adisseo Co.
• Cargill Inc.
• Complete Solution for Poultry Inc.
• DOSTOFARM GmbH
• Himalaya Global Holdings Ltd.
• International Flavors and Fragrances Inc
• Kemin Industries Inc.
• Kerry Group Plc
• Koninklijke DSM NV
• Miavit GmbH
• Natural Remedies Pvt. Ltd.
• Novus International Inc.
• Nutrex NV
• Nutricare Life Science Pvt. Ltd.
• Phytobiotics Futterzusatzstoffe GmbH
• Phytosynthese
• Gain access to more vendor profiles with their key offerings available with Technavio. Download Sample Report Now

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Essential oils - Market size and forecast 2021-2026
• Exhibit 28: Chart on Essential oils - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Essential oils - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Essential oils - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Essential oils - Year-over-year growth 2021-2026 (%)

• 5.4 Herbs and spices - Market size and forecast 2021-2026
• Exhibit 32: Chart on Herbs and spices - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Herbs and spices - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Herbs and spices - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Herbs and spices - Year-over-year growth 2021-2026 (%)

• 5.5 Oleoresins - Market size and forecast 2021-2026
• Exhibit 36: Chart on Oleoresins - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Oleoresins - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Oleoresins - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Oleoresins - Year-over-year growth 2021-2026 (%)

• 5.6 Others - Market size and forecast 2021-2026
• Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Type
• Exhibit 44: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Italy - Market size and forecast 2021-2026
• Exhibit 90: Chart on Italy - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on Italy - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Italy - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Archer Daniels Midland Co.
• Exhibit 101: Archer Daniels Midland Co. - Overview
• Exhibit 102: Archer Daniels Midland Co. - Business segments
• Exhibit 103: Archer Daniels Midland Co. - Key offerings
• Exhibit 104: Archer Daniels Midland Co. - Segment focus

• 10.4 Bluestar Adisseo Co.
• Exhibit 105: Bluestar Adisseo Co. - Overview
• Exhibit 106: Bluestar Adisseo Co. - Product / Service
• Exhibit 107: Bluestar Adisseo Co. - Key offerings

• 10.5 Cargill Inc.
• Exhibit 108: Cargill Inc. - Overview
• Exhibit 109: Cargill Inc. - Product / Service
• Exhibit 110: Cargill Inc. - Key news
• Exhibit 111: Cargill Inc. - Key offerings

• 10.6 DOSTOFARM GmbH
• Exhibit 112: DOSTOFARM GmbH - Overview
• Exhibit 113: DOSTOFARM GmbH - Product / Service
• Exhibit 114: DOSTOFARM GmbH - Key offerings

• 10.7 Himalaya Global Holdings Ltd.
• Exhibit 115: Himalaya Global Holdings Ltd. - Overview
• Exhibit 116: Himalaya Global Holdings Ltd. - Product / Service
• Exhibit 117: Himalaya Global Holdings Ltd. - Key offerings

• 10.8 International Flavors and Fragrances Inc
• Exhibit 118: International Flavors and Fragrances Inc - Overview
• Exhibit 119: International Flavors and Fragrances Inc - Business segments
• Exhibit 120: International Flavors and Fragrances Inc - Key news
• Exhibit 121: International Flavors and Fragrances Inc - Key offerings
• Exhibit 122: International Flavors and Fragrances Inc - Segment focus

• 10.9 Kemin Industries Inc.
• Exhibit 123: Kemin Industries Inc. - Overview
• Exhibit 124: Kemin Industries Inc. - Product / Service
• Exhibit 125: Kemin Industries Inc. - Key news
• Exhibit 126: Kemin Industries Inc. - Key offerings

• 10.10 Koninklijke DSM NV
• Exhibit 127: Koninklijke DSM NV - Overview
• Exhibit 128: Koninklijke DSM NV - Business segments
• Exhibit 129: Koninklijke DSM NV - Key news
• Exhibit 130: Koninklijke DSM NV - Key offerings
• Exhibit 131: Koninklijke DSM NV - Segment focus

• 10.11 Natural Remedies Pvt. Ltd.
• Exhibit 132: Natural Remedies Pvt. Ltd. - Overview
• Exhibit 133: Natural Remedies Pvt. Ltd. - Product / Service
• Exhibit 134: Natural Remedies Pvt. Ltd. - Key offerings

• 10.12 Phytobiotics Futterzusatzstoffe GmbH
• Exhibit 135: Phytobiotics Futterzusatzstoffe GmbH - Overview
• Exhibit 136: Phytobiotics Futterzusatzstoffe GmbH - Product / Service
• Exhibit 137: Phytobiotics Futterzusatzstoffe GmbH - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 138: Inclusions checklist
• Exhibit 139: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 140: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 141: Research methodology
• Exhibit 142: Validation techniques employed for market sizing
• Exhibit 143: Information sources

• 11.5 List of abbreviations
• Exhibit 144: List of abbreviations

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