Feed Phytogenic Market Size, Share, Trends, Growth and Forecast 2032

Feed Phytogenic Market Insights

According to Zion Market Research, the global 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 report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Feed Phytogenic industry over the next decade.

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Introduction

Feed phytogenic items are natural growth promoters that are extracted from essential oils, plants, and herbs & spices. These products provide major advantages like huge feed intake, immunity, muscle & bone development, and stimulation of digestive system. These products are the best replacement for antibiotic growth promoters in livestock production. Apparently, there is huge health awareness among the people and this has resulted in large demand for natural ingredients in food processing activities, thereby accentuating the growth of feed phytogenic industry across the globe.

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Market Growth Dynamics

Myriad studies have revealed that phytogenic compounds possess anti-inflammation, antiviral, and anti-oxidative properties and this will boost the industry trends. Apart from this, phytogenic compounds also improve feed palatability as well as gut health and this will embellish the expansion of feed phytogenic market. Reportedly, the use of phytogenic compounds in food of poultry & swine has demonstrated surge in their production and this can create huge growth potential for the market in the coming years. Rise in the occurrence of swine flu, bird flu, mad cow disease, and listeriosis has enhanced the use of phytogenic in animal feed industry, thereby driving the market expansion.

Feed Phytogenic Market: Report Scope

Furthermore, the product helps in disease prevention along with improving the health as well as reducing costs. Additionally, feed phytogenic helps in preventing necrotic enteritis and dysbiosis and reduces enteric imbalance risk, thereby steering the market growth graph. 

European Market To Surge Scaling Heights Over 2024-2032

The growth of the market in Europe during the estimated timespan is owing to strict laws concerning feed additives enforced by the European Food Safety Authority. Moreover, these legislations are assisting manufacturers in producing high quality products and guiding farmers on proportionate dosage, thereby boosting the product penetration in farming sector. This, in turn, will steer the growth of the market in Europe over the forecast timespan.

Key players profiled in the report are-

• Delacon Biotechnik GmbH
• BIOMIN Holding GmbH
• Bluestar Adisseo Co.
• Natural Remedies.

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