Feed Phytogenics Market in Europe: 9.72% YOY Growth Rate in 2022

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2026

NEW YORK, Feb. 19, 2022 / PRNewswire / – The Feed Phytogenics Market Share in Europe is expected to increase by USD 79.80 million from 2021 to 2026, at an accelerated CAGR of 10.05%, according to the recent market study by Technavio.

Attractive Opportunities in Feed Phytogenics Market in Europe by Application and Feedstock - Forecast and Analysis 2022-2026

Attractive Opportunities in Feed Phytogenics Market in Europe by Application and Feedstock – Forecast and Analysis 2022-2026

Segmentation by Feedstock (In-Scope / Out-of-Scope)

The feed phytogenics market share growth in Europe by the poultry segment will be significant during the forecast period. The significant increase in the consumption of poultry meat will drive the demand for poultry feed phytogenics products during the forecast period. To meet the rising demand for poultry meat, market vendors are increasing poultry production. For instance, in March 2019, DuPont de Nemours Inc. launched Syncra AVI, a feed supplement designed to maximize nutrient digestibility in poultry production in APAC.

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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Feed Phytogenics Market in Europe includes the following core components:

  • Inputs

  • Inbound logistics

  • Operations

  • Outbound logistics

  • Marketing and sales

  • Support activities

  • Innovation

Highlights-

  • Segmentation- The report extensively covers market segmentation by Feedstock (poultry, swine, ruminants, aquatic animals, and others) and Application (essential oils, herbs and spices, oleoresins, and others)

  • Key Companies- Archer Daniels Midland Co., Bluestar Adisseo Co., Cargill Inc., Delacon Biotechnik GmbH, DOSTOFARM GmbH, DuPont de Nemours Inc., Royal DSM NV, Natural Remedies Pvt. Ltd., Phytobiotics Futterzusatzstoffe GmbH, and Phytosynthese among others

  • Driver- Encapsulated technology to drive the market.

  • Challenge– Availability of substitutes to hamper the market growth

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Vendor Insights-

The feed phytogenics market in Europe is fragmented and the vendors are deploying growth strategies such as investment in research and development and mergers and acquisitions to compete in the market.

  • Archer Daniels Midland Co.- The company operates under Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition business segments. Moreover, the company also offers feed phytogenic products such as Empirical NSP.

  • Cargill Inc.- The company offers feed phytogenic products such as PROMOTE additives.

  • Delacon Biotechnik GmbH- The company develops and manufactures phytogenic feed additives for poultry, swine, ruminants and aqua. Moreover, the company also offers feed phytogenic products such as Biostrong 510.

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Learn More about Key Driver & Challenge of the Market-

Due to their sensitivity to high temperatures, dusty inclination, substantial odor, and oxidative and volatile qualities, many phytogenic sources, particularly essential oils, lose efficacy and efficiency. New technologies, such as encapsulation, are assisting in extending the shelf life of phytogenics by retaining the liquid, gaseous, or solid component packed within a tiny millimetric capsule, preserving it from environmental changes. The food industry has shifted its focus to taste microencapsulation in order to concentrate flavors and prevent flavor loss during processing. Furthermore, encapsulation protects against extreme environmental variables and retains critical qualities such as increased palatability, enhanced digestion, and improved animal performance, which is expected to positively impact market growth during the forecast period.

Probiotics, prebiotics, additives, and enzymes, for example, are all available as replacements on the market. Milk yield, growth, digestion, rumen fermentation, and overall health are some of the main factors on which direct-fed microbial (DFM) has a positive impact. The most commonly utilized DFM in animal feed are Lactobacillus, Bifidobacterium, Bacillus, Streptococcus, and Enterococcus. Furthermore, regional or local manufacturers also introduce low-quality items into the market to capitalize on the increased demand for phytogenic feed additives that can cause health problems in livestock. Hence, the availability of substitutes for feed phytogenic will restrict the growth of the market in focus during the forecast period.

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Feed Phytogenics Market in Europe Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.05%

Market growth 2022-2026

$ 79.80 million

Market structure

Fragmented

YoY growth (%)

9.72

Performing market contribution

Europe at 100%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Archer Daniels Midland Co., Bluestar Adisseo Co., Cargill Inc., Delacon Biotechnik GmbH, DOSTOFARM GmbH, DuPont de Nemours Inc., Royal DSM NV, Natural Remedies Pvt. Ltd., Phytobiotics Futterzusatzstoffe GmbH, and Phytosynthese

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Essential oils – Market size and forecast 2021-2026

  • Herbs and spices – Market size and forecast 2021-2026

  • Oleoresins – Market size and forecast 2021-2026

  • Others – Market size and forecast 2021-2026

  • Market opportunity by Application

Market Segmentation by Feedstock

  • Market segments

  • Comparison by Feedstock

  • Poultry – Market size and forecast 2021-2026

  • Swine – Market size and forecast 2021-2026

  • Ruminants – Market size and forecast 2021-2026

  • Aquatic animals – Market size and forecast 2021-2026

  • Others – Market size and forecast 2021-2026

  • Market opportunity by Feedstock

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Archer Daniels Midland Co.

  • Bluestar Adisseo Co.

  • Cargill Inc.

  • Delacon Biotechnik GmbH

  • DOSTOFARM GmbH

  • DuPont de Nemours Inc.

  • Royal DSM NV

  • Natural Remedies Pvt. Ltd.

  • Phytobiotics Futterzusatzstoffe GmbH

  • Phytosynthesis

Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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