Global Phytogenic Feed Additives Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Essential Oils, Flavonoids, Saponins, Oleoresins, Tannins, and Others.

By Animal Feed;

Poultry Feed, Ruminants Feed, Aqua Feed, Swine Feed, and Others.

By Source;

Herbs and Spices.

By Form;

Dry and Liquid.

By Function;

Performance Enhancers, Antimicrobial Properties, Palatability Enhancers, Digestion Enhancers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn123743607 Published Date: December, 2024 Updated Date: January, 2025

Introduction

Global Phytogenic Feed Additives Market (USD Million), 2020 - 2030

In the year 2023, the Global Phytogenic Feed Additives Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The Global Phytogenic Feed Additives Market is rapidly expanding, driven by the increasing need for sustainable and natural solutions in livestock nutrition. Phytogenic feed additives, derived from herbs, spices, and plant extracts, are gaining traction as alternatives to synthetic growth promoters and antibiotics. These additives offer multiple benefits, including enhanced feed palatability, improved digestion, and better immunity in animals, which contribute to higher productivity and healthier livestock. The market's growth is further fueled by rising consumer demand for antibiotic-free and organic meat products, coupled with stringent regulations on synthetic feed additives.

Key segments of the market include essential oils, flavonoids, and saponins, each contributing to animal health and performance in unique ways. Poultry is the leading application segment, as the global demand for chicken meat and eggs continues to grow. Swine and ruminants also represent significant market shares, benefiting from improved feed efficiency and disease resistance provided by phytogenic additives. These products are available in various forms, including powders and liquids, and are sourced from diverse natural ingredients such as herbs, spices, and plant extracts, catering to a wide range of livestock diets.

Geographically, Europe leads the market due to its stringent regulatory environment and focus on sustainable livestock practices. North America follows closely, driven by increasing awareness of natural feed solutions and growing demand for organic animal products. The Asia-Pacific region is emerging as a key growth area, supported by expanding livestock production, rising disposable incomes, and government initiatives to improve feed quality. Latin America and the Middle East & Africa are also witnessing steady growth, as urbanization and export-oriented livestock industries drive the adoption of phytogenic feed additives.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Animal Feed
    3. Market Snapshot, By Source
    4. Market Snapshot, By Form
    5. Market Snapshot, By Function
    6. Market Snapshot, By Region
  4. Global Phytogenic Feed Additives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Consumer Preference for Natural Feed Additives
        2. Health Benefits for Animals
        3. Regulatory Restrictions on Antibiotic Use
        4. Increased Livestock Production
      2. Restraints
        1. High Cost of Phytogenic Feed Additives
        2. Limited Research and Development
        3. Variability in Efficacy
        4. Regulatory Challenges
      3. Opportunities
        1. Growing Demand for Organic Livestock Products
        2. Expansion in Emerging Markets
        3. Technological Advancements
        4. Focus on Sustainable Agriculture
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Phytogenic Feed Additives Market, By Type, 2020 - 2030 (USD Million)
      1. Essential Oils
      2. Flavonoids
      3. Saponins
      4. Oleoresins
      5. Tannins
      6. Others
    2. Global Phytogenic Feed Additives Market, By Animal Feed, 2020 - 2030 (USD Million)
      1. Poultry Feed
      2. Ruminants Feed
      3. Aqua Feed
      4. Swine Feed
      5. Others
    3. Global Phytogenic Feed Additives Market, By Source, 2020 - 2030 (USD Million)
      1. Herbs
      2. Spices
    4. Global Phytogenic Feed Additives Market, By Form, 2020 - 2030 (USD Million)
      1. Dry
      2. Liquid
    5. Global Phytogenic Feed Additives Market, By Function, 2020 - 2030 (USD Million)
      1. Performance Enhancers
      2. Antimicrobial Properties
      3. Palatability Enhancers
      4. Digestion Enhancers
      5. Others
    6. Global Phytogenic Feed Additives Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill
      2. Kemin Industries, Inc.
      3. Nutreco
      4. Natural Remedies
      5. Himalaya Wellness Company
      6. Vinayak Ingredients
      7. Indian Herbs

  7. Analyst Views
  8. Future Outlook of the Market