Asia-Pacific Feed Phytogenics Market By Ingredients (Essential Oils, Oleoresins, Herbs And Species, And Others), By Animal Type (Poultry, Aquaculture, Swine, Ruminant, And Others), By Application (Flavouring And Aroma, Organic Trace Minerals, Anti-Parasitic, Feed Intake And Digestibility, And Others), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast 2024 to 2029.

Updated On: January, 2024
ID: 1185
Pages: 145

Asia-Pacific Feed Phytogenics Market Size & Growth 2026:

The Asia-Pacific Feed Phytogenics Market was worth USD 191.97 Million in 2021 and estimated to be growing at a CAGR of 6.98%, to reach USD 270.58 Million by 2026. Progress in the animal feed industry has resulted in the feed phytogenics market growing at a substantial rate.

Phytogenics are a set of natural growth promoters (NGPs) utilized as feed additives, obtained from herbs, spices or other plants. They are generally viewed as favourable substitutes to antibiotic growth promoters (AGPs) in livestock production. Essential oils signify a concentrated form of phytogenics, comprising mainly the active ingredients of the plants.

Feed Phytogenics Market Drivers:

The growth of the Asia-Pacific Feed Phytogenics market is majorly driven by factors such as high demand for nutritious feed and viable animal nutrition products, environmental concerns over animal waste pollution, rising intake of meat, and management of feed operating costs. However, the lack of efficiency of these compounds due to their intricate nature combined with the unlikeable taste or odour of particular substances may hinder demand and affect the market price movement. Particular compounds such as essential oils are unstable in nature which can cause quick evaporation and causing disparity in final concentration of feed products.

Market Segmentation:

Asia-Pacific Feed Phytogenics Market - By Ingredients:

  • Essential oils

  • Oleoresins
  • Herbs and Species
  • Others

Asia-Pacific Feed Phytogenics Market - By Animal Type:

  • Poultry
  • Aquaculture
  • Swine
  • Ruminant
  • Others

Asia-Pacific Feed Phytogenics Market - By Application:

  • Flavouring and Aroma
  • Organic Trace minerals
  • Anti-Parasitic
  • Feed Intake
  • Digestibility
  • Others

Geographical Analysis:

The Asia-Pacific region is geographically segmented into

  • China
  • India
  • Japan
  • South Korea
  • Australia

With increasing intake of animal protein and rising awareness of natural feed additives, Asia-Pacific has become an appealing market for phytogenic feed manufacturers. The demand for non-toxic human food and mass production of meat has gotten significant attention to the importance of Feed Phytogenics.

Major Key Players:

The major players in the market are fixated on broadening their distribution networks to cater to the wider market. The major companies dominating the Feed Phytogenics market in this region are Cargill Inc., DuPont, Biomin, Pancosma SA, and Delacon Biotechnik.

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