Global Feed Phytogenic Market To Develop And Cross USD 6.98 Billion by 2032

As per Zion Market Research, the Feed Phytogenic Market was worth USD 4.35 Billion in 2023. The market is forecast to reach USD 6.98 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2024-2032. The market is powered majorly by the increase in requirement for naturally created feed additives as options to in-feed antibiotics; and increasing concern related to animal health. The major firms in the feed phytogenic market are Delacon Biotechnik GmbH, Bluestar Adisseo Co., Ltd., BIOMIN Holding GmbH, and Natural Remedies.

The Essential Oil Segment, Based On Type, Is Predicted To Add Up For A Huge Share In Terms Of Value

Primarily sourced from herbs & spices, essential oils are preferred by most of the livestock producers and animal feed makers. Hence, the section is predicted to lead the feed phytogenic market. In addition to this, these oils have specific environmental advantages. The performance of animals alters with the inclusion of different strength and blends of these oils. They enhance gut health and help in good digestion in poultry. Other instances of the essential oil comprise cinnamon oil, which, when included to cattle feed, assists to lower fermented protein in a bovine's rumen. Bovine's rumen leads to greater susceptibility to heat stress and an elevation in body temperature.

By Source, The Herbs & Spices Section During The Forecast Period Is Predicted To Lead The Phytogenic Feed Additive Market

The herbs & spices section led the global market due to the elevated employment of these sources to mine phytogenic feed additives, such as oleoresins and essential oils. Moreover, many feed additive makers in the European and Asia Pacific areas are coming up with new goods that are integrated with bioactive ingredients, such as thymol, carvacrol, and cinnamaldehyde, which are mined from herbs & spices.

Europe Is Predicted To Observe The Utmost Development During The Forecast Period In The Feed Phytogenic Market

The feed phytogenic market in Europe is predicted to develop at the max CAGR in the coming period. Factors such as the banned employment of antibiotics in animal feed, strict rules imposed on synthetic feed additives by the European Commission, and development in the usage of phytogenics in livestock feed, to improve livestock performance and feed palatability, are expected to power market development in the years to come.

Browse the full “Feed Phytogenic Market - by Livestock (Swine, Poultry, Aquatic Animals, and Ruminants), by Type (Flavonoids, Essential Oils, Oleoresins, and Saponins), by Source (Flowers, Herbs & Spices, and Fruits & Vegetables), and by Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/feed-phytogenic-market

The global feed phytogenic market is segmented as follows:

By Type

• Essential oils
• Flavonoids
• Saponins
• Oleoresins
• Others (mucilage, tannins, bitter substances, and pungent substances)

By Livestock

• Poultry
• Swine
• Ruminants
• Aquatic animals
• Others (pets and equine)

By Source

• Herbs & spices
• Flowers
• Fruits & vegetables

By Function

• Performance enhancers
• Antimicrobial properties
• Palatability enhancers
• Others (phytogenic feed additives with anti-inflammatory properties and better feed conversion)

By Form

• Dry
• Liquid

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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