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

  • Published: Feb 2022
  • Pages: 120
  • SKU: IRTNTR72300
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The feed phytogenics market share in Europe is expected to increase by USD 79.80 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 10.05%.

This feed phytogenics market in Europe research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the feed phytogenics market in Europe segmentation by feedstock (poultry, swine, ruminants, aquatic animals, and others) and application (essential oils, herbs and spices, oleoresins, and others). The feed phytogenics market in Europe report also offers information on several market vendors, including Archer Daniels Midland Co., Bluestar Adisseo Co., Cargill Inc., Delacon Biotechnik GmbH, DOSTOFARM GmbH, DuPont de Nemours Inc., Koninklijke DSM NV, Natural Remedies Pvt. Ltd.,  Phytobiotics Futterzusatzstoffe GmbH, and Phytosynthese among others.

What will the Feed Phytogenics Market Size in Europe be During the Forecast Period?

Download the Free Report Sample to Unlock the Feed Phytogenics Market Size in Europe for the Forecast Period and Other Important Statistics

 

Feed Phytogenics Market in Europe: Key Drivers, Trends, and Challenges

The encapsulated technology is notably driving the feed phytogenics market growth in Europe, although factors such as the availability of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the feed phytogenics industry in Europe. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Feed Phytogenics Market Driver in Europe

One of the key factors driving the feed phytogenics market growth in Europe is the encapsulated technology. 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 flavours and prevent flavour 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 the market growth during the forecast period.

Key Feed Phytogenics Market Trend in Europe

Another key factor driving the feed phytogenics market growth in Europe is the increasing demand for natural feed additives for pets. Due to the increased efficiency and performance and the health-related benefits of phytogenics in animals, the feed phytogenics market in Europe is growing. Many companies are developing innovative feed products composed of naturally sourced substances, such as plants and microorganisms, in response to pet owners' concerns. Phytogenic feed additives for pet food are available from various firms, such as Silvateam S.p.A. (Italy). According to the Research Institute of Organic Agriculture, Europe is the second-largest organic consumer, with a value of USD 45.24 billion in 2020, an increase of 13% from the previous year. For example, in 2020, organic egg consumption was approximately 35% in Denmark and 30% in France. Hence, the pet food market is expected to grow during the forecast period.

Key Feed Phytogenics Market Challenge in Europe  

One of the key challenges to the feed phytogenics market growth in Europe is the availability of substitutes. 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.

This feed phytogenics market in Europe analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the feed phytogenics market in Europe as a part of the global specialty chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the feed phytogenics market in Europe during the forecast period.

Who are the Major Feed Phytogenics Market Vendors in Europe?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

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

This statistical study of the feed phytogenics market in Europe encompasses successful business strategies deployed by the key vendors. 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.

Product Insights and News

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

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The feed phytogenics market in Europe forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Feed Phytogenics Market in Europe Value Chain Analysis

Our report provides extensive information on the value chain analysis for the feed phytogenics market in Europe, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global specialty chemicals market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

What are the Revenue-generating Feedstock Segments in the Feed Phytogenics Market in Europe?

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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. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the feed phytogenics market size in Europe and actionable market insights on post COVID-19 impact on each segment.

Feed Phytogenics Market Scope in Europe

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

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Archer Daniels Midland Co., Bluestar Adisseo Co., Cargill Inc., Delacon Biotechnik GmbH, DOSTOFARM GmbH, DuPont de Nemours Inc., Koninklijke 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 recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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

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What are the Key Data Covered in this Feed Phytogenics Market in Europe Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive feed phytogenics market growth in Europe during the next five years
  • Precise estimation of the feed phytogenics market size in Europe and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the feed phytogenics industry in Europe  
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of feed phytogenics market vendors in Europe 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    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.
    • Koninklijke DSM NV
    • Natural Remedies Pvt. Ltd.
    •  Phytobiotics Futterzusatzstoffe GmbH
    • Phytosynthese

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The feed phytogenics market growth will increase by $79.80 million during 2021-2026.
    The feed phytogenics market is expected to grow at a CAGR of 10.05% during 2021-2026.
    Technavio has segmented the feed phytogenics market by other1 (Poultry, Swine, Ruminants, Aquatic animals, and Others) ,application (Essential oils, Herbs and spices, Oleoresins, and Others) , and geographic (Albania).
    Archer Daniels Midland Co., Bluestar Adisseo Co., Cargill Inc., Delacon Biotechnik GmbH, DOSTOFARM GmbH, DuPont de Nemours Inc., Koninklijke DSM NV, Natural Remedies Pvt. Ltd.,  Phytobiotics Futterzusatzstoffe GmbH, Phytosynthese are a few of the key vendors in the feed phytogenics market.
    Albania will register the highest growth rate of 100.00% among the other regions. Therefore, the feed phytogenics market in Albania is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the feed phytogenics market growth are:
    • Encapsulated technology
    The feed phytogenics market vendors should focus on grabbing business opportunities from the poultry segment as it accounted for the largest market share in the base year.
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