Feed Phytogenics Market by Demand Analysis and Trends Insights to 2028

1. Feed Phytogenics Market to 2028 – Growth, Emerging Trends and Opportunities Analysis

2. Feed Phytogenics Market size is expected to surpass USD 900 million by 2028, primarily owing to its wide utilization as alternative additive to antibiotic and promotes animal health. • Some major findings of the feed phytogenics market report include: • Feed phytogenics market should grow at a CAGR over 3.5% owing to its beneficial properties such as natural, less toxic, and residue free for animal feed application. • Essential oil product surpassed USD 345 million in 2022 , mainly due to its ability to boost animal health performance and improve feed intake in animals. • Equine livestock surpassed USD 25 million in 2022 , due to its health benefits to equine health by stabilizing gut micro flora and enhances digestibility. • Aquatic livestock are likely to surpass USD 70 million by 2028, owing to wide application as a cost-effective feed ingredient and more efficient diet for aquatic livestock. • The North America feed phytogenics demand is majorly driven by ruminant, poultry, and swine livestock.

3. Global feed phytogenics market size by oleoresins product should surpass USD 165 million by 2028. Oleoresins are solvent free extracts which contains non-volatile components and provides different flavors. The oleosresins are used in animal nutrition feed as appetite and digestive stimulants, for prevention and treatment of some pathological conditions this factor should fuel market growth. High demand for feed additives to improve the value of livestock by overcoming deficiencies, nutrient problem and performance issues is anticipated to boost oleoresin product demand thus boosting market growth. • Global feed phytogenics market size by swine livestock should surpass USD 245 million by 2028. In swine the phytogenics improves feed intake and reduces weight during the lactation which should proliferate product demand. Phytogenics improves the daily litter weight gain and reduces weaning-tofirst-service interval this factor is expected to boost the product demand and. will favor the market growth in the foreseeable timeframe. • Phytogenic use in swine feed shows anti-inflammatory effect, increases nutrient digestibility, enhances intestinal morphology, and improves growth performance this factor should escalate product demand. Increasing pork production and consumption is driving the demand of swine feed which should boost product demand thus boosting market growth. Pork meat fat content, its palatability and texture fascinate the consumers which is driving the pork meat consumption and in turn should favor feed phytogenics business growth.

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5. Regional Analysis • Europe feed phytogenics market is likely to register growth over USD 195 million in 2022 and growth over 3.3% CAGR from 2022 to 2028 owing to increasing meat consumption. High level of meat production coupled with increasing meat export is anticipated to create opportunity for feed phytogenics market growth. • Also, increasing meat demand owing to growing population along with high consumer preference for chicken meat is likely to escalate product demand. Poland being the largest chicken producer in European Union is anticipated to favor market growth. High incident of viral infection and increased risk of disease outbreak in animals is further anticipated to boost product demand thus stimulating market growth. • Competitive Analysis • The feed phytogenics market is competitive and includes industry players such as BiominGmBH, Dow DuPont, Igusol, Natural Remedies Pvt Ltd, Nor-Feed, Nutricare Lifesciences Limited, Phytosynthese and Natural Herbs & Formulations.

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