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North America 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 2022 to 2027.

Published: January, 2022
ID: 1183
Pages: 145

North America Feed Phytogenics Market Size (2022 - 2027):

The North America Feed Phytogenics Market was worth 151.72 Million in 2021 and estimated to be growing at a CAGR of 5.96%, to reach 201.29 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 of mainly the active ingredients of the plants.  

North America Feed Phytogenics Market Drivers:

The growth of the North America 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 cost. However, 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:

North America Feed Phytogenics Market – By Ingredients:

  • Essential oils

  • Oleoresins
  • Herbs and Species
  • others

Essential oils lead the Feed Phytogenics market and are also projected to grow at the highest CAGR during the forecast period. This is due to the extensive range of health benefits provided such as gut health support, antibiotic cutback, and healthy ingestion in poultry.

North America Feed Phytogenics Market – By Animal Type:

  • Poultry
  • Aquaculture
  • Swine
  • Ruminant
  • others

Under this segment, Poultry leads the market accounting for more than 35% of the market share. However, the calf is projected to be the fastest-growing segment with a CAGR of 7.8%, as they protect them from scours, diarrhoea and other gastrointestinal discrepancies.

North America Feed Phytogenics Market – By Application:

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

Geographical Analysis:

The North America market has been geographically segmented into

  • USA
  • Canada

North America holds third position in the global feed Phytogenics market. With increasing awareness of synthetic additives and adapting the policy of Europe regarding the ban of antibiotics has ensued in the utilization of feed Phytogenics as supplement to antibiotics. The farmers are also moving towards natural and safe additives in feed for increasing the animal performance.

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.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Ingredients                           

                                5.1.1 Essential oils           

                                5.1.2 Oleoresins              

                                5.1.3 Herbs and Species

                                5.1.4 Others      

                5.2 By Animal Type                         

                                5.2.1 Poultry     

                                5.2.2 Aquaculture           

                                5.2.3 Swine        

                                5.2.4 Ruminant

                                5.2.5 Others      

                5.3 By Application                           

                                5.3.1 Flavouring and Aroma        

                                5.3.2 Organic Trace minerals      

                                5.3.3 Anti-Parasitic         

                                5.3.4 Feed Intake and Digestibility   

                                5.3.5 Others      

6. Geographical Analysis                                              

                6.1 Introduction                              

                6.2 United States                            

                6.3 Canada                         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

  7.2.4 Threat of Substitute Products and Services

     7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 Cargill Inc.                   

                                8.1.1 Overview

                                8.1.2 Product Analysis   

  8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues            

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 DuPont                        

                8.3 Biomin                          

                8.4 Pancosma SA                             

                8.5 Delacon Biotechnik                 

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures  

                9.4 New Product Launches                          

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. North America Feed Phytogenics Market By Region, From 2022 - 2027 ( USD Milion )
  2. North America Feed Phytogenics Market By Ingredients, From 2022 - 2027 ( USD Milion )
  3. North America Essential oils Market By Region, From 2022 - 2027 ( USD Milion )
  4. North America Oleoresins Market By Region, From 2022 - 2027 ( USD Milion )
  5. North America Herbs and Species Market By Region, From 2022 - 2027 ( USD Milion )
  6. North America Others ingredients Market By Region, From 2022 - 2027 ( USD Milion )
  7. North America Feed Phytogenics Market By Animal Type , From 2022 - 2027 ( USD Milion )
  8. North America Poultry Market By Region, From 2022 - 2027 ( USD Milion )
  9. North America Aquaculture Market By Region, From 2022 - 2027 ( USD Milion )
  10. North America Swine Market By Region, From 2022 - 2027 ( USD Milion )
  11. North America Ruminant Market By Region, From 2022 - 2027 ( USD Milion )
  12. North America Other animals Market By Region, From 2022 - 2027 ( USD Milion )
  13. North America Feed Phytogenics Market By Application, From 2022 - 2027 ( USD Milion )
  14. North America Flavouring and Aroma Market By Region, From 2022 - 2027 ( USD Milion )
  15. North America Organic Trace minerals Market By Region, From 2022 - 2027 ( USD Milion )
  16. North America Anti-Parasitic Market By Region, From 2022 - 2027 ( USD Milion )
  17. North America Feed Intake and Digestibility Market By Region, From 2022 - 2027 ( USD Milion )
  18. North America Other applications Market By Region, From 2022 - 2027 ( USD Milion )
  19. United States Feed Phytogenics Market By Ingredients, From 2022 - 2027 ( USD Milion )
  20. United States Feed Phytogenics Market By Animal Type , From 2022 - 2027 ( USD Milion )
  21. United States Feed Phytogenics Market By Application, From 2022 - 2027 ( USD Milion )
  22. Canada Feed Phytogenics Market By Ingredients, From 2022 - 2027 ( USD Milion )
  23. Canada Feed Phytogenics Market By Animal Type , From 2022 - 2027 ( USD Milion )
  24. Canada Feed Phytogenics Market By Application, From 2022 - 2027 ( USD Milion )

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