市場調查報告書
商品編碼
1171585
植物性飼料添加物的全球市場預測(2022年~2027年)Feed Phytogenics Market - Forecasts from 2022 to 2027 |
全球植物性飼料添加物的市場規模在2020年估算為7億5,336萬3,000美金,在預測期間內預計將以7.46%的年複合成長率增長,到2027年達到12億4,636萬1,000美元。市場成長的主要因素有動物疾病發病率的增加、牲畜數量的增加、動物協會參與的政府舉措的增加以及動物健康意識的提高等。
本報告提供全球植物性飼料添加物市場相關調查,提供市場規模和預測,COVID-19影響,市場促進因素及課題,市場趨勢,各市場區隔的市場分析,競爭情形,主要企業的簡介等系統性資訊。
The feed phytogenic market is projected to grow at a CAGR of 7.46% during the forecast period to reach US$1,246.361 million by 2027, from US$753.363 million in 2020.
Phytogenic feed additives belong to a class of feed additives that include products such as herbs, spices, and essential oil to enhance the level of nutrition present in animal feed. Phytogenics are bioactive compounds obtained from plants, which feature a complete range of plant secondary metabolites. They comprise a wide range of diverse classes of substances, which provide a wide range of action options. Further, the increasing adoption of animal companions coupled with the growing incidence of animal diseases fuels the growth of the market. Growth in the livestock population and increasing initiatives by the government along with the involvement of animal associations widen the market growth opportunities. Moreover, there is also a growing awareness of animal health with works as the key driver for the growth in the market. The feed phytogenic market is segmented into type, function, livestock, and geography.
Growing global livestock production is the major driver of the global feed phytogenic market.
Rising per capita meat consumption is encouraging farmers to increase the production of livestock including poultry and swine which, in turn, is boosting the demand for feed phytogenic market. Growing demand for organic meat and livestock products will further contribute to the growth of the feed phytogenic market during the forecast period.
Furthermore, the market for feed phytogenic is being driven by rising feed production because of the accelerated efficiency, performance, and health-related advantages of phytogenic in animals. The need for botany-based feed additives is being driven further by the demand for an increased feed conversion ratio and antibiotic-free additions from an increasing number of livestock farmers. For instance, as per the International Feed Industry Federation, global compound feed production is estimated over one billion in 2020. The need for superior quality meat and dairy products from health enthusiasts and the increasing popularity of natural ingredients in pet food are further leading producers to capture the untapped profits in the phytogenic industry. Furthermore, global demand for large quantities of feed and feed additives has led to substantial scientific investigation in the field, which is expected to boost the feed phytogenic market as a whole during the forecast period. Modern feed additives are now frequently employed as a crucial instrument to raise animal production and wellness. Among these, phytogenic feed additives are being used more frequently. As a result, more goods are being introduced to the market.
Regional Analysis
Geographically, Europe holds a significant market share on account of the ban on the use of antibiotics, a growing focus on developing alternatives for chemical feed additives, and the high demand for safe and hygienic meat in EU countries. Moreover, the European Commission's Directorate General for Health and Food Safety has established important rules for meat and meat products. Additionally, the fundamental need of all EU food laws is traceability. The capacity to track food, feed, and materials through all phases of production, processing, and distribution is referred to as traceability. henceforth, the high demand for quality meat is the driving factor for the growth of the feed phytogenic market in the EU region. Furthermore, the feed phytogenic business has great potential for growth in the Asia-Pacific region. The market for feed phytogenic in the Asia-Pacific region is primarily driven by a replacement strategy for antibiotic growth promoters and the lack of toxic residues in plant-based additives.
Key Development
COVID-19 Impact
The pandemic had a significant impact on the Feed photogenic market. The pandemic had affected various economies and industries such as the food industry in different countries owing to the pandemic restrictions, frequent lockdowns, and slowdowns of business functions. The manufacture and supply of phytogenic feed additives were temporarily impacted by reasons such as the manpower shortage, trade restrictions on a global scale, and the decreased consumption of cattle goods during the pandemic. In order to fill supply gaps that were generated in the local and international markets as a result of supply chain obstacles, enterprises focused on concentrating on increasing their production capacity post-COVID-19 lockout, according to an Animal HealthCare Centre, USDA research. The pandemic initially had a detrimental effect on the feed phytogenic industry, but businesses are making recovery in the post-pandemic era.
Market Segmentation:
Oleoresins
Herbs and Spices
Essential oils
Others
Palatability Enhancers
Antioxidants
Performance Enhancers
Others
Swine
Poultry
Ruminants
Others
North America
South America
Europe
Middle East and Africa
Asia Pacific