Phytogenic Feed Additives Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Phytogenic feed additives, also known as PFAs or botanicals, are substances of plant origin added to animal diets at recommended levels with the aim of improving animal performance. Essential oils, herbs and spices all serve as sources for bioactive ingredients, for example phenols and flavonoids.

MARKET DYNAMICS

The Phytogenic feed additives market has witnessed significant growth due to rising awareness of health benefits associated phytogenic feed additives. Moreover, increasing R&D activities provides a huge market opportunity for the key players operating in the Phytogenic feed additives market. However, stict government regulations is projected to boost the overall growth of the Phytogenic feed additives market in the forecast period.

MARKET SCOPE

The "Global Phytogenic Feed Additives Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Phytogenic feed additives market with detailed market segmentation type, livestock, function, and geography. The global Phytogenic feed additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Phytogenic feed additives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global Phytogenic feed additives market is segmented on the basis of type, livestock, and function. On the basis of type, the global Phytogenic feed additives market is divided into essential oils, flavonoids, oleoresins, and others. On the basis of product type, the global Phytogenic feed additives market is divided into poultry, swine, ruminants, and aquatic animals. On the basis of distribution channel, the global Phytogenic feed additives market is divided into performance enhancers and palatability enhancers.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Phytogenic feed additives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Phytogenic feed additives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report also includes the profiles affecting the Phytogenic feed additives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Phytogenic feed additives market in these regions.

MARKET PLAYERS

The reports cover key developments in the Phytogenic feed additives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as purity launches, purity approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Phytogenic feed additives market is anticipated to lucrative growth opportunities in the future with the rising demand for Phytogenic feed additives in the global market. Below mentioned is the list of few companies engaged in the Phytogenic feed additives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Phytogenic feed additives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BIOMIN Holding GmbH
  
•   Delacon Biotechnik GmbH
  
•   DOSTOFARM GmbH
  
•   IGUSOL S.A.
  
•   Miavit GmbH
  
•   NOR-FEED
  
•   Pancosma
  
•   Phutosynthese
  
•   Phytobiotics Futterzusatzstoffe GmbH
  
•   Silvateam S.p.A.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Phytogenic Feed Additives Report Scope