Phytogenic Feed Additives Market Analysis: Enhancing Livestock Health and Growth 2030
Livestock owners worldwide are increasingly turning to phytogenic feed additives to enhance cattle health and meet the surging demand for meat. These natural, plant-based bioactive molecules, also known as botanicals or phytobiotics, are driving significant growth in the global phytogenic feed additives market.
A Natural Solution to Cattle Health Challenges
With concerns about animal-related diseases on the rise, livestock owners are investing in phytogenic feed additives to improve the health of their cattle and enhance the quality of meat, poultry, and fish products. Phytogenic feed additives belong to four main families: saponins, flavonoids, essential oils, and tannins. These additives can also be combined with supplements, further enhancing feed quality.
Meeting Consumer Demand
The growing demand for raw and processed meat, poultry, and fish products is a key driver of the phytogenic feed additives market. Approximately 3% of the 1.2 billion tons of phytogenic additives used globally are plant-based ingredients, offering superior outcomes compared to synthetic alternatives.
Reducing Antibiotic Use
The shift away from antibiotic use, particularly in poultry diets, is placing increased pressure on the industry to find viable alternatives. Phytogenic feed additives are emerging as a promising solution, offering both health benefits and improved taste.
Challenges and Opportunities
Despite the rapid growth, challenges persist in the market. The lack of standardization, patent protection, and regulatory frameworks in different nations has led to the duplication of feed additives and the availability of low-quality products from local manufacturers.
Essential Oils: A Flavorful and Healthy Choice
Among the product types, essential oils are leading the way due to their natural, plant-based properties, medicinal benefits, and flavor-enhancing qualities. Poultry is expected to dominate the market, followed by the swine segment, driven by the rise in pork trade and growing safety concerns regarding meat consumption.
Europe Leads the Way
Europe is experiencing the highest growth rate in the phytogenic feed additives market. Stringent regulations and the 2006 EU ban on antimicrobial growth stimulators have driven the adoption of natural feed additives. Consumer preferences, particularly in the wake of the COVID-19 pandemic, have shifted towards organic and GMO-free meat products, further boosting the demand for phytogenic feed additives.
Major livestock-producing countries such as China, the US, Mexico, and Australia present excellent opportunities for manufacturers of phytogenic feed additives.
Key players in the global phytogenic feed additives market include Cargill Incorporated, Tolsa, S.A, Miavit GmbH, A/B Technologies International, Inc., Delacon Biotechnik GmbH, Dostofarm GmbH, Phytobiotics Futterzusatzstoffe GmbH, BIOMIN Holding GmbH, Kemin Industries Inc., and Silvateam S.p.A. These companies are at the forefront of innovation, offering natural solutions to address the evolving needs of the livestock industry.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 – By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/phytogenic-feed-additives-market
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