PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1319180
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1319180
Global Animal Feed Phytogenics Growth Opportunities
Rising Regulatory Bans on Antibiotic Growth Promoters (AGP) Enable Market Expansion
Increasing antimicrobial resistance in pathogenic bacteria has resulted in many countries banning AGPs for animal nutrition. Growing concerns worldwide over AGPs in animal nutrition have resulted in efforts to use alternative ingredients that can effectively replace AGPs; phytogenics is one such alternative.
Our analysis shows that Europe dominated the global animal feed phytogenics market in 2022 due to stringent regulations on the use of AGPs since 2006 in EU countries and a high preference for natural ingredients. Frost & Sullivan expects APAC to show the fastest growth during the forecast period due to growth in compound feed production, the adoption of intensive animal farming practices, and regulatory restrictions on using AGPs by different countries in the region.
We also considered the impact of the COVID-19 pandemic and other geopolitical situations, such as the Russia-Ukraine war, in the analysis. Additional vital information includes notable competitors for each product type; market drivers, restraints, and trends; acquisitions; and product launches. Most importantly, we explore growth opportunities stakeholders can monetize over the next few years.
Research Scope
In this research service, Frost & Sullivan provides qualitative and quantitative analyses of animal feed phytogenics based on the following:
- Product type (essential oils, oleoresins & plant extracts, bioactive ingredients)
- Application (poultry, swine, ruminant, aquaculture)
- Region [North America; Europe; Asia-Pacific (APAC); Latin America, and the Middle East and Africa (LAMEA)]
The study period is 2020–2030, with 2022 as the base year and 2023–2030 as the forecast period. The report's scope only includes the animal feed application of phytogenics and excludes veterinary drugs and drenching applications.
Table of Contents
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the Animal Feed Phytogenics Industry
- Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
- Scope of Analysis
- Market Introduction
- Segmentation
- Product Type Definitions
- Competitors
- Forecast Assumptions
- Value Chain
- Growth Drivers
- Growth Restraints
- Market Trends
- The COVID-19 Pandemic Impact on the Animal Feed Phytogenics Market
- Role of Animal Feed Phytogenics in Poultry Production
- Role of Animal Feed Phytogenics in Swine Production
- Role of Animal Feed Phytogenics in Ruminant Production
- Role of Animal Feed Phytogenics in Aquaculture Production
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Product Type
- Revenue Forecast by Application
- Revenue Forecast by Region
- Forecast Analysis
- Forecast Analysis by Product Type
- Forecast Analysis by Application
- Forecast and Pricing Analysis Assumptions
- Competitive Environment
- Competitive Landscape
- Acquisitions-Animal Feed Phytogenics Market (2019-2023)
- Product Launches-Animal Feed Phytogenics Market (2022 & 2023)
- Product Launches-Animal Feed Phytogenics Market (2020 & 2021)
Growth Opportunity Analysis: North America
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Product Type
- Revenue Forecast by Application
- Forecast Analysis
Growth Opportunity Analysis: Europe
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Product Type
- Revenue Forecast by Application
- Forecast Analysis
Growth Opportunity Analysis: Asia-Pacific
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Product Type
- Revenue Forecast by Application
- Forecast Analysis
Growth Opportunity Analysis: LAMEA
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Product Type
- Revenue Forecast by Application
- Forecast Analysis
Growth Opportunity Universe
- Growth Opportunity 1: Clinical Research to Drive Market Adoption
- Growth Opportunity 2: Advanced Microencapsulation and Delivery Technologies
- Growth Opportunity 3: APAC to Present Promising Growth Opportunities
Next Steps
- Your Next Steps
- Why Frost, Why Now?
- List of Exhibits
- Legal Disclaimer
