Global Animal Feed Phytogenics Market, Forecast to 2021

Global Animal Feed Phytogenics Market, Forecast to 2021

Growing Demand for Organic Meat is Expected to Drive the Demand for the Phytogenics Market During the Forecast Period

RELEASE DATE
14-Jun-2018
REGION
North America
Research Code: PA02-01-00-00-00
SKU: FA00528-NA-MR_22022

$4,950.00

Special Price $3,712.50 save 25 %

In stock
SKU
FA00528-NA-MR_22022

$4,950.00

$3,712.50 save 25 %

DownloadLink

Pay by invoice

ENQUIRE NOW

Description

Growing concerns worldwide over Antibiotic Growth Promoters (AGPs) in animal nutrition has resulted in efforts to use alternative ingredients that can effectively replace AGPs; phytogenics being one such alternative. Phytogenics are a new and exciting group of feed additives, comprising a wide range of substances that are classified according to botanical origin, processing, and composition. Growth of the phytogenics industry is facilitated by the rising number of countries outside of the European Union restricting or banning the use of AGPs in animal feed (e.g., China, Brazil, the US) in response to rising consumer concerns over their safety. Additionally, growth of the phytogenics industry, which currently stands at $351.9 million globally, is aided by a growing demographic of consumers who favor the use of natural, organic and sustainable feed additives. However, the lack of standardization in the industry and the availability of phytogenics via more traditional routes of supply hinder the growth of the industry. As a result, individual manufacturers offer their own version of processed herbals as phytogenic feed additives. This restraint is expected to have a high impact over the course of the forecast period.

Europe, with a 50 percent share of the total market, is the largest market for animal feed phytogenics worldwide. Growth in this market has been largely driven by the ban imposed by the European Food Safety Authority on AGPs. North America is the second largest market for animal feed phytogenics and currently holds 30 percent of the market share. Rising awareness of the positive health benefits associated with using phytogenic additives has contributed to the growth in this market. Growth within Asia Pacific and other regions of the world is relatively nascent and will be driven by increased understanding by farmers of phytogenics and their applications in animal feed.

The top three participants accounted for 42 percent of the total market revenue. Biomin has a global presence, which helps consumers identify a wide range of ingredients and the quality of feed additives. Delacon has a global presence as well, and offers a range of products for various animal species. Furthermore, it produces microencapsulated essential oils of multiple herbs. All participants are keen to increase their market share in conditions where differentiating their offerings is difficult. The marketing effort as such is based on a company's reputation and an individual farmer being convinced about the efficacy of its product. Further, given there are no claimed returns on investment in using oregano and the lack of any research publication, the claims of manufacturers cannot be validated.

Key Issues Addressed

  • What is the total size of the Phytogenics used in the Animal Feed in Revenue?
  • What are the key drivers and restraints for the Animal Feed Phytogenics market globally?
  • What are the megatrends affecting the Animal Feed Phytogenics market?
  • What are the forecasts for the Animal Feed Phytogenics market by 2022?
  • Who are the key players in world wide for Animal Feed Phytogenics market?

 

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Executive Summary

Market Engineering Measurements

CEO’s Perspective

Research Scope

Research Aims and Objectives

Research Methodology

Market Definitions

Market Segmentation by Product Type

Sources of Phytogenics in Animal Feed

Market Introduction

Market Revenue Overview

Market Segmentation

Segmentation by Application

Value Chain Analysis

Porter’s Five Forces Analysis

Global Regulatory Status of Phytogenics in Animal Feed

Market Engineering Measurements

Revenue Forecast

Percent Revenue by Region

Revenue Forecast by Region

Revenue Forecast—Europe

Revenue Forecast—North America

Revenue Forecast—APAC

Revenue Forecast—RoW

Market Share Analysis

Competitive Environment

Competitive Factors and Assessment

Company Profile—Biomin

Company Profile—Lucta

Company Profile—Delacon

Notable Products and Companies

Companies Investing in Phytogenics R&D

Growth Opportunity—Technological Advancements to Achieve Superior Quality

Strategic Imperatives for Success and Growth

The Last Word—3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

Learn More—Next Steps

List of Exhibits

List of Figures
  • 1. Total Animal Feed Phytogenics Market: Key Market Drivers, Global, 2017–2021
  • 2. Total Animal Feed Phytogenics Market: Key Market Restraints, Global, 2017–2021
  • 3. Total Animal Feed Phytogenics Market: Market Engineering Measurements, Global, 2016
  • 4. Total Animal Feed Phytogenics Market: Revenue Forecast by Region, Global, 2013–2021
  • 5. Total Animal Feed Phytogenics Market: Analysis of Top 3 Players, Global, 2016
  • 6. Total Animal Feed Phytogenics Market: Competitive Structure, Global, 2016
List of Charts
  • 1. Total Animal Feed Phytogenics Market: Market Engineering Measurements, Global, 2016
  • 2. Total Animal Feed Phytogenics Market: Revenue, Global, 2013–2016
  • 3. Total Animal Feed Phytogenics Market: Revenue Breakdown by Region, Global, 2016
  • 4. Total Animal Feed Phytogenics Market: Revenue Breakdown by Application, Global, 2016
  • 5. Total Animal Feed Phytogenics Market: Value Chain, Global, 2016
  • 6. Total Animal Feed Phytogenics Market: Porter’s Five Forces Analysis, Global, 2017–2021
  • 7. Total Animal Feed Phytogenics Market: Revenue Forecast, Global, 2013–2021
  • 8. Total Animal Feed Phytogenics Market: Revenue by Region, Global, 2016
  • 9. Total Animal Feed Phytogenics Market: Revenue by Region, Global, 2021
  • 10. Animal Feed Phytogenics Market: Revenue Forecast, Europe, 2013–2021
  • 11. Animal Feed Phytogenics Market: Revenue Forecast, North America, 2013–2021
  • 12. Animal Feed Phytogenics Market: Revenue Forecast, APAC, 2013–2021
  • 13. Animal Feed Phytogenics Market: Revenue Forecast, RoW, 2013–2021
  • 14. Total Animal Feed Phytogenics Market: Percent Revenue Breakdown, Global, 2016
Related Research
Growing concerns worldwide over Antibiotic Growth Promoters (AGPs) in animal nutrition has resulted in efforts to use alternative ingredients that can effectively replace AGPs; phytogenics being one such alternative. Phytogenics are a new and exciting group of feed additives, comprising a wide range of substances that are classified according to botanical origin, processing, and composition. Growth of the phytogenics industry is facilitated by the rising number of countries outside of the European Union restricting or banning the use of AGPs in animal feed (e.g., China, Brazil, the US) in response to rising consumer concerns over their safety. Additionally, growth of the phytogenics industry, which currently stands at $351.9 million globally, is aided by a growing demographic of consumers who favor the use of natural, organic and sustainable feed additives. However, the lack of standardization in the industry and the availability of phytogenics via more traditional routes of supply hinder the growth of the industry. As a result, individual manufacturers offer their own version of processed herbals as phytogenic feed additives. This restraint is expected to have a high impact over the course of the forecast period. Europe, with a 50 percent share of the total market, is the largest market for animal feed phytogenics worldwide. Growth in this market has been largely driven by the ban imposed by the European Food Safety Authority on AGPs. North America is the second largest market for animal feed phytogenics and currently holds 30 percent of the market share. Rising awareness of the positive health benefits associated with using phytogenic additives has contributed to the growth in this market. Growth within Asia Pacific and other regions of the world is relatively nascent and will be driven by increased understanding by farmers of phytogenics and their applications in animal feed. The top three participants accounted for 42 percent of the total market revenue. Biomi
More Information
No Index No
Podcast No
Table of Contents | Executive Summary~ || Executive Summary~ || Market Engineering Measurements~ || CEO’s Perspective~ | Market Overview~ || Research Scope~ || Research Aims and Objectives~ || Research Methodology~ || Market Definitions~ || Market Segmentation by Product Type~ || Sources of Phytogenics in Animal Feed~ || Market Introduction~ || Market Revenue Overview~ || Market Segmentation~ || Segmentation by Application~ || Value Chain Analysis~ | Porter's Five Forces~ || Porter’s Five Forces Analysis~ | Regulations~ || Global Regulatory Status of Phytogenics in Animal Feed~ | Drivers and Restraints—Total Animal Feed Phytogenics Market~ || Market Drivers~ || Market Restraints~ | Forecasts and Trends—Total Animal Feed Phytogenics Market~ || Market Engineering Measurements~ || Revenue Forecast~ || Percent Revenue by Region~ || Revenue Forecast by Region~ || Revenue Forecast—Europe~ || Revenue Forecast—North America~ || Revenue Forecast—APAC~ || Revenue Forecast—RoW~ | Market Share and Competitive Analysis—Total Animal Feed Phytogenics Market~ || Market Share Analysis~ || Competitive Environment~ || Competitive Factors and Assessment~ || Company Profile—Biomin~ || Company Profile—Lucta~ || Company Profile—Delacon~ || Notable Products and Companies~ || Companies Investing in Phytogenics R&D~ | Growth Opportunities and Companies to Action~ || Growth Opportunity—Technological Advancements to Achieve Superior Quality~ || Strategic Imperatives for Success and Growth~ | The Last Word~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Market Engineering Methodology~ || Learn More—Next Steps~ || List of Exhibits~
List of Charts and Figures 1. Total Animal Feed Phytogenics Market: Key Market Drivers, Global, 2017–2021~ 2. Total Animal Feed Phytogenics Market: Key Market Restraints, Global, 2017–2021~ 3. Total Animal Feed Phytogenics Market: Market Engineering Measurements, Global, 2016~ 4. Total Animal Feed Phytogenics Market: Revenue Forecast by Region, Global, 2013–2021~ 5. Total Animal Feed Phytogenics Market: Analysis of Top 3 Players, Global, 2016~ 6. Total Animal Feed Phytogenics Market: Competitive Structure, Global, 2016~| 1. Total Animal Feed Phytogenics Market: Market Engineering Measurements, Global, 2016~ 2. Total Animal Feed Phytogenics Market: Revenue, Global, 2013–2016~ 3. Total Animal Feed Phytogenics Market: Revenue Breakdown by Region, Global, 2016~ 4. Total Animal Feed Phytogenics Market: Revenue Breakdown by Application, Global, 2016~ 5. Total Animal Feed Phytogenics Market: Value Chain, Global, 2016~ 6. Total Animal Feed Phytogenics Market: Porter’s Five Forces Analysis, Global, 2017–2021~ 7. Total Animal Feed Phytogenics Market: Revenue Forecast, Global, 2013–2021~ 8. Total Animal Feed Phytogenics Market: Revenue by Region, Global, 2016~ 9. Total Animal Feed Phytogenics Market: Revenue by Region, Global, 2021~ 10. Animal Feed Phytogenics Market: Revenue Forecast, Europe, 2013–2021~ 11. Animal Feed Phytogenics Market: Revenue Forecast, North America, 2013–2021~ 12. Animal Feed Phytogenics Market: Revenue Forecast, APAC, 2013–2021~ 13. Animal Feed Phytogenics Market: Revenue Forecast, RoW, 2013–2021~ 14. Total Animal Feed Phytogenics Market: Percent Revenue Breakdown, Global, 2016~
Author Jincy Varghese
Industries Agriculture and Nutrition
WIP Number PA02-01-00-00-00
Is Prebook No
GPS Codes 9104-A2,9595,9678-A2,9986-A2