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The global feed phytogenic market is anticipated to depict notable expansion over the forthcoming years, impelled by numerous advantages such as improved feed palatability and digestive efficiency. Feed phytogenic are natural, plant-sourced compounds formulated for livestock diets to enhance gut health and growth performance. These components are produced from natural sources such as essential oils, herbs, botanical extracts, and spices. Technological advancements in the feed additives sector and high demand for antibiotic-free animal production are other benefits of additives. Moreover, these compounds are commonly added to the feed of aquaculture, poultry, ruminants, and swine. In terms of consumption, North America and Europe are well-known consumers globally.
Expansion of the Livestock Sector to Drive the Use of Phytogenic Additives
The expanding livestock sector is a pivotal driver, augmenting the utilization of phytogenic additives. As the income increases and population rises worldwide, consumption of animal-sourced products such as milk, poultry, seafood, and eggs is rising across various regions. According to the Organization for Economic Co-operation and Development, an intergovernmental organization, the per capita beef consumption by high-income countries is 13.15 kgs (2022-24). To cater to this surging demand, producers are improving the commercial production of livestock. Larger farm animals need substantial quantities of nutritionally rich additives, including feed-grade phytogenic additives, to maintain their productivity and health. Along with maintaining animal health, it also enhances nutrient absorption and digestive performance. As a result, this factor can augment the industry’s potential.
Limited Awareness among Farmers May Restrict Industry’s Momentum
Minimal awareness among farmers is a pivotal restraint in the global market. In various regions, especially in developing markets, awareness of the applications and benefits of phytogenic additives remains limited. The majority of farmers are aware of conventional antibiotics or feed additives that have been utilized for ages. Without technical guidance and proper education, farmers face challenges in adopting new solutions. Thus, a lack of technical knowledge and awareness can limit the use of phytogenic components in a few livestock sectors.
Technological Advancements in the Additives Industry to Unlock Growth Opportunities
The adoption of advanced technology in the phytogenic industry opens up growth opportunities. To strengthen the quality of compounds, producers are adopting solvent extraction, supercritical CO₂ extraction, and steam distillation. Microencapsulation technology is another technique gaining traction in the global industry as it aids in protecting sensitive components from oxygen, moisture, and heat. Moreover, companies are adopting advanced formulation technologies to develop standardized blends of phytogenic ingredients. Besides this, water-soluble phytogenic formulations are also popular as they allow farmers to uniformly offer phytogenic components to animals.
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By Product Type |
By Form |
By Livestock |
By Region |
|
· Essential Oils · Herbs & Spices · Oleoresins · Others |
· Powder · Liquid |
· Poultry · Swine · Ruminants · Aquaculture · Others |
· North America (U.S., Canada, and Mexico) · Europe (Germany, France, Italy, U.K., Spain, Russia, and the Rest of Europe) · Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific) · South America (Brazil, Argentina, and the Rest of South America) · Middle East & Africa (UAE, South Africa, and Rest of the Middle East & Africa) |
The report covers the following key insights:
Based on product type, the market is distributed into essential oils, herbs & spices, oleoresins, and others.
The essential oils segment is expected to lead the market. In the animal nutrition sector, this oil is widely utilized in feed owing to its antioxidant and antimicrobial properties. Moreover, it is recognized as a natural substitute for antibiotic promoters and is known for enhancing feed efficiency, which can boost the segment’s potential.
The herbs & spices segment is likely to grow at a high CAGR during the forecast period. The surging inclination toward natural feed additives and the wide availability of plant-centric components can strengthen the growth.
Depending on form, the market is segmented into powder and liquid.
The powder segment is predicted to dominate the market. The prolonged shelf life and the benefits of easy handling and transportation are key factors that can drive powder sales. Additionally, the uniform distribution, especially in feed and easy integration, particularly in feed manufacturing, can propel the segment’s potential.
The liquid segment is expected to be the fastest-growing over the forecast period. The flexible application methods and rapid absorption can support its growth.
On the basis of livestock, the market is divided into poultry, swine, ruminants, and others.
The poultry segment is projected to lead the market. When added to poultry feed, these compounds enhance growth performance and feed conversion efficiency. This component also helps minimize harmful gut pathogens and reduces mortality rates in poultry production, which can augment the use of additives.
The aquaculture segment is anticipated to capture a high CAGR over the forecast period. The improved feed palatability and better digestive efficiency in shrimp and fish can boost the segment’s momentum.
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Based on region, the market has been analyzed across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Europe is likely to lead the global feed phytogenic market. The high awareness of plant-sourced additives and strong development and research activities can fuel the regional growth. Moreover, the advanced animal nutrition sector and regulations restricting the use of synthetic antibiotics can strengthen the potential.
Asia Pacific is projected to be the fastest-growing region in the near term. The flourishing aquaculture sector and the robust expansion of the livestock industry can contribute to regional market growth.
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