#Feed Phytogenic Market
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Feed Phytogenic Market, Regional Analysis, Key Players, Industry Segments, Development, Opportunities, Forecast till 2027
Feed Phytogenic Market Size Anticipated to Touch at a CAGR of 6.6% During the Forecast Period
#Feed Phytogenic#Feed Phytogenic Market#Feed Phytogenic Market Report#Feed Phytogenic Market Research Report#Feed Phytogenic Market Size#Feed Phytogenic Market Trends#Feed Phytogenic Market Growth#Feed Phytogenic Market Analysis#Feed Phytogenic Market Share#Feed Phytogenic Market Forecast
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Feed Phytogenic Market 2023 Global Trends, Emerging Technologies And Growth Analysis By Forecast To 2033
The feed phytogenic market is projected to be worth US$ 782.3 million in 2023. By 2033, the market is expected to surpass US$ 1,142.13 million. The demand for phytogenic feed is expected to expand at a CAGR of 3.5% during the forecast period.
The feed phytogenic industry is an emerging segment of the animal feed industry, which has witnessed significant growth over the past few years. Feed phytogenic products are plant-based additives. They are used in animal feed to enhance animal performance, gut health, immunity, and overall well-being. The increasing demand for animal protein and livestock production, along with the ban on antibiotic growth promoters in animal feed, has been driving the growth of the market.
Despite the growing demand for feed phytogenic products, the industry still faces certain challenges that act as restraints for market growth. The lack of awareness and knowledge regarding the usage and benefits of phytogenic feed additives. As well as the unavailability of standardized testing methods poses challenges for manufacturers in terms of product development and marketing.
The feed phytogenic industry offers several opportunities for market players to expand their business and increase their market share. The rising trend of natural and organic products is providing significant growth opportunities. Moreover, increasing awareness among consumers regarding the benefits of natural products is expected to drive the market.
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Key Takeaways from the Feed Phytogenic Market:
The United States feed phytogenic industry is expected to exceed US$ 175 million by 2033, owing to the industry's increased demand for chicken meat.
Vietnam and Indonesia are two of the Asia Pacific region's leading feed producers.
Rising animal health concerns and a taste for natural commodities are expected to propel the feed phytogenic business in Germany.
Brazil is expected to lead the feed phytogenic market because of the region's enormous development potential.
Poultry is expected to continue to be the most appealing livestock propelling the sales of phytogenic feed.
The most popular type of plant-derived chemical utilized in cattle is essential oils.
Herbs and spices have recently attracted a lot of attention in the feed industry.
From Global Giants to Local Players: How Phytogenic Feed Industry is Standing Out with Unique Offerings
The feed phytogenic industry has a highly competitive landscape, with numerous global and local players operating in the market. Tier-1 and tier-2 players, including Biomin, Cargill, Delacon, DuPont, Kemin Industries, Adisseo, Pancosma, and Nutrex, dominate the global market. Due to their brand reputation, product differentiation, financial stability, strategic advances, and diverse regional presence. These companies have a global reach and varied product ranges, making it difficult for new players to enter the market and compete.
In addition to these dominant players, there are also numerous local firms present in the phytogenic feed industry. These players have a strong understanding of the regional market and have built a loyal customer base. They often focus on producing low-cost products, which allows them to compete with the key players in the market.
The phytogenic feed industry is characterized by intense R&D activities, with companies continuously investing in the development of new and innovative products. This has led to several mergers, partnerships, and collaborations among players to leverage their collective strengths and expand their market presence.
Key Developments in the Feed Phytogenic Market:
Kemin Industries added VANNIXTM C4, an innovative phytogenic feed additive, to their range of chicken gut health products in January 2020 in North America.
In January 2020, Delacon Biotechnik GmbH launched BioStrong Comfort. A product designed to reduce the impact of heat stress during periods of high temperature and humidity. It contains antioxidants derived from plants in the United States and Canadian markets.
In 2017, Delacon and Cargill formed a partnership to provide better solutions for their customers. This included a minority stock investment from Cargill. After entering the Russian market in 2019, Delacon introduced its phytogenic products to China in March 2020.
In October 2020, Royal DSM, a multinational corporation specializing in nutrition and health acquired Erber Group for €980 million. To expand their phytogenic feed additive offerings.
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Feed Phytogenic Market to witness lucrative 15.8% CAGR from 2023 to 2030
The feed phytogenic market refers to the market for natural feed additives derived from plant sources that are used in animal nutrition. These additives are used to improve animal health, performance, and feed efficiency.
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The market for feed phytogenics is driven by increasing demand for natural and organic products in animal nutrition, rising concerns over the safety of synthetic additives, and growing awareness about the health benefits of phytogenics.
Some of the key players in the feed phytogenic market include Cargill, Inc., DuPont de Nemours, Inc., BIOMIN Holding GmbH, Kemin Industries, Inc., and Delacon Biotechnik GmbH.
The market is segmented based on type, form, livestock, and region. By type, the market is segmented into essential oils, herbs and spices, oleoresins, and others. By form, the market is segmented into dry and liquid. By livestock, the market is segmented into poultry, swine, ruminants, aquatic animals, and others. By region, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The Asia-Pacific region is expected to witness significant growth in the feed phytogenic market due to the increasing demand for natural feed additives in the region. The poultry segment is expected to dominate the market due to the high demand for poultry products and the increasing use of phytogenics in poultry feed.
Overall, the feed phytogenic market is expected to grow significantly in the coming years due to the increasing demand for natural feed additives and growing concerns over the safety of synthetic additives.
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Feed Phytogenic Market, Size, Major Companies, Revenue Analysis, Till 2021-2028
Market Synopsis
The global feed phytogenic market is projected to register a CAGR of 6.10% and reach a value of USD 1.15 Billion by 2028.
Feed phytogenic are currently used for all types of livestock, including pets, due to their excellent medicinal, preservative, and aromatic properties. This market has the potential to eventually overtake the artificial feed additive market as phytogenic offer the same properties as artificial additives with the added benefits of being eco-friendly and having no adverse side effects on the livestock.
Currently, the palatability enhancers segment is larger as these additives are not subject to stringent regulations. Performance enhancing feed phytogenic must comply with strict regulations, especially in Europe and North America. Performance enhancing feed phytogenic market are known to be more effective than their artificial counterparts, thus, contributing to market growth.
Segmentation
By Type
Essential Oils: The largest and fastest-growing market segment. Essential oils find applicability in feed for all livestock and are especially beneficial in the large poultry feed industry. In the ruminant industry, the application of essential oils results in a marked reduction of nitrogen pollution by reducing ammonia emissions. This aids in increasing the overall livestock weight as excess ammonia adversely affects the growth potential of animals.
Herbs and Spices: The second-largest market share. Herbs and spices are used primarily to increase the palatability of feed while enhancing digestibility. Better digestion improves the overall health and weight of livestock. Most herbs and spices have well known medicinal properties that offer secondary benefits to the animals.
Oleoresins: More resistant than essential oils and less soluble, oleoresins find increasing use in the poultry industry where they are shown to enhance liver function. They combine the effects of essential oils along with the properties of herbs and spices. The only limitation is the high manufacturing costs, which can be offset by mass production.
Others: Numerous plant extracts, as well as flavonoids and carotenoids, are covered in this category. A small market segment that capitalizes on by-products.
By Livestock Type
Ruminant: The ruminant segment is the second largest. The large bovine population in Asia and the Americas are driving the growth of the segment. The emphasis on enhanced dairy production and the ban on antibiotics for livestock are further fuelling growth.
Swine: China, Germany, and the US as the world’s largest consumers of pork, with China consuming more pork than the others combined. With pork being susceptible to multiple diseases and pathogens that can be transferred via consumption, maintaining swine health is a priority that is driving the growth of the segment. Latin America and South Asia have small piggeries, but with great potential which, if realized, will further fuel growth.
Poultry: The largest market segment. With over 16 billion chickens in the world and many millions of ducks and pheasants, the poultry industry is the largest in the world. The use of feed phytogenic has shown to increase weight and reduce ammonia emissions of poultry, thereby enhancing health.
Aquaculture: Aquaculture is very active in South-East Asia and China, where consumption is the highest globally. Feed phytogenic aid in maintaining the growth and health of fish.
Others: Pets and equine are covered under this heading. The market segments are relatively small but provide excellent returns on investment.
By Action
Performance Enhancers: The market segment with the most potential, it is currently underdeveloped due to heavy regulations and the need for research on the effects of performance enhancers. The segment is expected to register the higher CAGR during the forecast period.
Palatability Enhancers: The largest market segment, palatability enhancers ensure feed consumption, thereby reducing feed wastage and promoting animal growth. This segment is expected to grow due to limited regulations and low costs for manufacturing palatability enhancers.
By Region
North America: The fastest-growing regional market
Europe
Asia-Pacific: The largest regional market
Rest of the World
Regional Analysis
B region, the global feed phytogenic market has been divided into North America, Europe, Asia-Pacific, Rest of the World. Europe accounted for the largest market share of 33.23% in 2020. North America was the second-largest market in 2019 and is projected to exhibit a CAGR of 9.17% during the review period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period.
Key Players
Key feed phytogenic market players
Biomin Holding GmbH (Austria)
Cargill Inc. (US)
DowDupont (US)
Kemin Industries, Inc. (US)
Phytobiotics Futterzusatzstoffe GmbH (Germany)
Bluestar Adisseo Company (China)
Synthite Industries Ltd. (India)
The Himalaya Drug Company (India)
Pancosma (Switzerland)
Dostofarm GmbH (Germany)
Phytosynthese (France)
Silvateam S.P.A. (Italy)
Delacon Biotechnik GmbH (Austria)
Natural Remedies (India)
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The Phytogenic Feed Additive Market estimated at USD 862.42 Million in the year 2022, is projected to reach a revised size of USD 1608.15 Million by 2030, growing at a CAGR of 8.1% over the analysis period 2023-2030
Phytogenic Feed Additive Market- Global Demand & Industry Analysis (2023- 2030) | IMR
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Phytogenic Feed Additive Market by Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2028
Phytogenic Feed Additive Market was valued at USD 797.86 million in 2021 and is expected to reach USD 1376.28 million by the year 2028, at a CAGR of 8.1 %.
Phytogenic, Phyto-biotics or botanicals, are plant-derived products used as feed additives, to potentially increase the performance of animal husbandry. Studies have shown that photogenic, play an important role in increased feed uptake, improved gut function, anti-oxidant effects, and anti-microbial effects. Moreover, phytogenic feed additives have found increased use, over traditional feed additives as they don't have antibiotics and are 100% natural. Phytogenic additives also enhance the flavor of the feed and also aids in digestion. Moreover, using phytogenic feed additives, reduces ammonia emission from livestock, thereby reducing nitrogen pollution. The blue ridge in using phytogenic feed additives is that it suppresses the growth of harmful bacteria without the utilization of antibiotics, thereby boosting the growth of the phytogenic feed additive market during the forecast period. Globally the demand for organic meat is rising substantially, to meet this demand, the necessity of phytogenic feed additives has increased. Moreover, phytogenic feed additives are capable of reducing microbial threats and promoting intestinal health, which is a positive sign for optimal performance and profitability, thereby promoting the growth of the phytogenic feed additives market in the forecast period. According to BIOMIN, the market for phytogenic feed additives is going to increase from US$500 million in 2015 to US$2 billion by 2030, i.e., four times from its initial value in 2015.
This Phytogenic Feed Additive Market Report includes information on the manufacturer, such as shipping, pricing, revenue, interview records, gross profit, and company distribution, among other things. These details assist consumers to learn more about their rivals. Likewise, the report outlines the significant difficulties that would have an influence market growth. They also give extensive facts about the industry's potential to key stakeholders, allowing them to expand their industries and increase sales in certain industries. The research will assist companies who are already in or want to enter this market in analyzing the many facets of this domain before investing in or growing their industry in the Phytogenic Feed Additive markets.
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Key Industry Players in Phytogenic Feed Additive Market:
· Cargill Incorporated (US)
· Dupont De Nemours
· Bentoli (US)
· BIOMIN (Austria)
· DOSTOFARM Gmbh (Germany)
· Phytobiotics Futterzusatzstoffe Gmbh (Germany)
· Pancosma (Switzerland)
· The Himalaya Drug Company (India)
· Silvateam S.P.A. (Italy)
· NOR-FEED VIETNAM CO. LTD (France)
· INFOEMPRESA SL (Spain)
· Bluestar Adisseo Co. Ltd. (China)
· Natural Remedies (India)
· Delacon Biotechnik Gmbh (Austria) and other major players.
Phytogenic feed additives also called as phytobiotics are non-antibiotic growth promoters or group of natural growth promoters used as feed additives, derived from spices, herbs or other plants. Essential oils are the concentrated type of phytogenics, which contain the most vital elements of plants. There have been various restrictions in many countries over the use of in-feed antibiotics. Introduction of phytogenic feed additives, have resulted in product derivation for potential animal performance improvements.
Segmentation Analysis Includes,
By Type:
· Essential Oils
· Herbs
· Spices
· Oleoresins
By Livestock:
· Poultry
· Cattle
· Aquatic
· Swine
· Other Ruminants
By Form:
· Liquid
· Dry
By Sources:
· Flower
· Fruits
· Leaves
· Roots
· Non-Aqueous Solvents from Plant Materials
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Questions Answered in the Baobab Market Research Report:
· Which are the major phytogenic feed additives types considered in this study and which segments are projected to have promising growth rates in the future?
· What are some of the drivers fuelling the growth of the phytogenic feed additives market?
· What kind of information is provided in the competitive landscape section?
· What is the market size and forecast of the Global Phytogenic Feed Additives Market?
· What are the technology trends and regulatory frameworks in the Global Phytogenic Feed Additives Market?
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The global Phytogenic feed additives market is segmented on the basis of type, livestock, and function. On the basis of type, the global Phytogenic feed additives market is divided into essential oils, flavonoids, oleoresins, and others. On the basis of product type, the global Phytogenic feed additives market is divided into poultry, swine, ruminants, and aquatic animals. On the basis of distribution channel, the global Phytogenic feed additives market is divided into performance enhancers and palatability enhancers.
Related Report: -
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https://introspectivemarketresearch.com/reports/medicated-feed-additives-market/
https://introspectivemarketresearch.com/reports/probiotic-feed-additives-market/
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Global Phytogenic Feed Additive Market
Phytogenic Feed Additive Market was valued at USD 797.86 million in 2021 and is expected to reach USD 1376.28 million by the year 2028, at a CAGR of 8.1 %.
Plant-derived products that are used in feed to help improve chicken performance are known as phytogenic feed additives. Phytogenic feed supplements give bettered intestinal functions, anti-oxidative advantages, improved delectability, and formation of growth in meat, in addition to antibacterial exertion. Sauces and store-bought derivatives are examples of phytogenic feed additives. Because of the growing knowledge of health risks, phytogenic feed additives are a viable option for everybody involved in the chicken industry. Phytogenic feed additives outperform antibiotics in a variety of ways, making them a better choice than antibiotics for improving poultry health and productivity. Another important element influencing the number of feed products is the increased commercialization of animal husbandry practises, particularly in emerging countries.
#Phytogenic Feed Additive Market#Phytogenic Feed Additive Market Size#Phytogenic Feed Additive Market Share#Phytogenic Feed Additive Market Growth#Phytogenic Feed Additive Market Trend#Phytogenic Feed Additive Market Opportunity
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Feed Additives Market: Key Factors behind Market’s Rapid Growth
The feed additives market encompasses a wide range of products used in animal nutrition to enhance the quality and nutritional value of animal feed. These additives serve various purposes, including improving digestion, enhancing growth and performance, boosting immunity, and preventing diseases in livestock. The global feed additives market size is estimated to be valued at USD 42.2 billion in 2023 and is projected to reach USD 55.8 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.
Key factors driving the feed additives market growth
Increasing Demand for Animal Protein: With a growing global population and rising incomes, there is a higher demand for meat, dairy, and eggs. This has led to increased production of livestock and poultry, consequently boosting the demand for feed additives to enhance animal health, growth, and productivity.
Rising Concerns about Animal Health and Welfare: Consumers are becoming more aware of the importance of animal welfare and the quality of animal products they consume. As a result, there is a greater focus on using feed additives to improve animal health, reduce disease incidence, and enhance overall welfare.
Efforts to Improve Feed Efficiency: Feed additives such as enzymes, probiotics, and prebiotics help improve feed conversion ratios, nutrient utilization, and digestion efficiency in animals. Farmers are increasingly adopting these additives to optimize feed utilization, reduce feed costs, and improve profitability.
Regulatory Pressures and Antibiotic Reduction Initiatives: Regulatory restrictions on the use of antibiotics in animal feed, driven by concerns over antimicrobial resistance, have led to the adoption of alternative feed additives. Probiotics, prebiotics, organic acids, and phytogenics are being used as alternatives to antibiotics to promote animal health and growth.
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How does the prioritization of environmentally responsible practices impact feed additive manufacturers?
As consumers and regulators increasingly prioritize environmentally responsible practices, the demand for sustainable feed additives has surged. This shift places substantial pressure on manufacturers to develop and implement eco-friendly production processes and source sustainable raw materials. Moreover, ensuring the safety and efficacy of these additives while meeting stringent regulatory requirements remains a significant hurdle. The sustainability of the feed and livestock chain has a profound impact on this market. Suppliers must address issues such as reducing greenhouse gas emissions, optimizing resource utilization, and minimizing waste. Failure to do so can lead to reputational damage and market exclusion. Additionally, the rising costs associated with sustainable practices and compliance with stringent regulations can strain profit margins. Therefore, the feed additives market faces the dual challenge of meeting evolving sustainability demands while maintaining competitiveness and profitability, making innovation and sustainability key drivers for future success in this industry.
Poultry Segment Holds the Major Feed Additives Industry Share
The poultry industry has become a major engine for the growth of the feed additives market, driven by several key factors:
Rising Demand for Poultry: Changing dietary habits and population growth have led to a surge in global demand for chicken and eggs. To meet this growing need, farmers rely heavily on feed additives.
Efficiency in Poultry Production: Poultry, particularly broilers (chickens raised for meat), have a shorter production cycle compared to other livestock. This rapid turnover rate makes them ideal candidates for benefiting from feed additives.
Faster Results: Feed additives like antibiotics, probiotics, and growth promoters can deliver quick and visible results in poultry. They can improve weight gain, prevent diseases, and enhance feed conversion efficiency, offering a clear incentive for farmers.
Innovation in Poultry Nutrition: The poultry sector is a leader in adopting new technologies like precision feeding and nutrigenomics for animal nutrition. This progressive approach further strengthens the dominance of the poultry sub-segment within the global feed additives market.
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Major players profiled
Cargill Incorporated (US)
ADM (US)
International Flavors & Fragrances, Inc. (US)
Evonik Industries AG (Germany)
BASF SE (Germany)
DSM (Netherlands)
Ajinomoto (Japan)
Novozymes (Denmark)
CHR. HANSEN (Denmark)
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Feed Phytogenics Market 2024 Dynamics Analysis, Size Witness Growth Acceleration During 2033
Feed phytogenics are plant-based additives that are used to enhance the performance of livestock. These additives are typically used in conjunction with other feed ingredients to improve feed efficiency, digestibility, and/or nutrient absorption. Phytogenics can also be used to improve animal health and well-being, and to reduce the incidence of disease.
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Market Outlook
Feed Phytogenics technology is a relatively new field that is constantly evolving. Some of the key trends include the use of naturally-occurring compounds to improve feed digestibility, the development of novel delivery systems to improve efficacy, and the use of cutting-edge analytical techniques to better understand the mechanism of action of these compounds.
One of the most promising areas of research is the use of phytogenic compounds to improve feed digestibility. Phytogenics are plant-derived compounds that have a variety of beneficial effects on the digestive system, including the stimulation of digestive enzymes and the promotion of gut microbial balance. Several studies have shown that phytogenic compounds can improve feed digestibility in livestock, leading to improved growth performance and feed efficiency.
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Major Players
The Network Emulator Market Report includes players such as DSM Nutritional Products AG ,IFF,Cargill Inc, Land O’Lakes, Adisseo, Nutreco, MIAVIT GMBH, Kemin Industries, Orffa, Glamac International Pvt Ltd.
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Preserving Nutrition: Insights into the Feed Preservatives Market
Feed preservatives play a vital role in maintaining the nutritional integrity and quality of animal feed, ensuring that livestock and poultry receive the essential nutrients necessary for growth, health, and productivity. This article explores the importance of feed preservatives in animal nutrition, their diverse applications, and the factors influencing the feed preservatives market.
Feed preservatives are additives used to prevent spoilage, degradation, and contamination of animal feed ingredients and finished feeds during storage, handling, and transportation. These additives inhibit the growth of harmful microorganisms such as bacteria, molds, and fungi, which can lead to nutrient loss, toxin production, and feed-borne diseases in livestock and poultry.
One of the primary functions of feed preservatives is to safeguard the nutritional value and safety of feed ingredients, including grains, oilseeds, protein meals, and forages. By inhibiting microbial growth and enzymatic activity, feed preservatives help preserve the essential vitamins, minerals, amino acids, and other nutrients present in feed ingredients, ensuring that animals receive a balanced and wholesome diet.
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Moreover, feed preservatives play a crucial role in extending the shelf life and stability of complete feeds, pelleted feeds, and mixed rations, particularly in challenging environmental conditions such as high humidity, temperature fluctuations, and exposure to air and moisture. By preventing mold growth, caking, and spoilage, feed preservatives help maintain feed quality, palatability, and acceptance, reducing feed wastage and optimizing feed utilization by animals.
The feed preservatives market encompasses a wide range of synthetic and natural additives approved for use in animal feed by regulatory authorities such as the Food and Drug Administration (FDA) in the United States and the European Food Safety Authority (EFSA) in the European Union. Commonly used feed preservatives include organic acids, antioxidants, mold inhibitors, antimicrobials, and essential oils, each with specific mechanisms of action and applications in feed preservation.
Organic acids such as propionic acid, formic acid, and acetic acid are widely used as feed preservatives due to their ability to lower pH, inhibit microbial growth, and prevent mold and yeast proliferation in feed and feed ingredients. These acids are particularly effective in controlling spoilage organisms in high-moisture feedstuffs such as silages, grains, and by-products, reducing the risk of mycotoxin contamination and feed-related diseases in livestock.
Antioxidants such as tocopherols, butylated hydroxytoluene (BHT), and butylated hydroxyanisole (BHA) are essential feed preservatives that protect feed ingredients and finished feeds from oxidative rancidity and lipid oxidation, which can lead to nutrient degradation, off-flavors, and reduced feed quality. These antioxidants scavenge free radicals, stabilize fats and oils, and prolong the shelf life of feed products, ensuring that animals receive fresh, nutritious, and palatable feed.
Furthermore, natural feed preservatives derived from plant extracts, herbs, spices, and botanicals are gaining popularity among feed manufacturers and producers seeking clean label, sustainable, and eco-friendly alternatives to synthetic additives. Natural preservatives such as essential oils, plant extracts, and phytogenic compounds offer antimicrobial, antioxidant, and antifungal properties, providing effective protection against spoilage organisms while minimizing chemical residues and environmental impact.
In conclusion, feed preservatives play a critical role in preserving the nutritional quality, safety, and shelf life of animal feed, ensuring that livestock and poultry receive a balanced and wholesome diet essential for optimal health and performance. As the global demand for high-quality animal protein continues to rise, the feed preservatives market is expected to grow, driven by factors such as increasing feed production, evolving regulatory requirements, and growing awareness of feed safety and quality issues. By leveraging innovative preservative technologies and sustainable practices, stakeholders in the feed industry can enhance feed preservation, animal nutrition, and overall food security for a growing global population.
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Animal Performance Enhancers Market: Ready To Fly on high Growth Trends
Global Animal Performance Enhancers Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Some are the key & emerging players that are part of coverage and have being profiled are Bioniche Life Sciences Inc. (Canada), Bayer Animal Health GmbH (Germany), DSM N.V. Merck & Co. Inc. (US), Biomin Holding Gmbh (German), Boehringer Ingelheim International GmbH (Germany), Cargill Inc. (US), Zoetis Inc. (US), AB Vista Inc. (UK), The Alltech Groupare (US), Elanco Animal Health Incorporated (US), Bupo Animal Health (South Africa), Chr. Hansen A/S (Denmark), Danisco A/S (Denmark), Novus International Inc. (US).
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Animal performance enhancers are defined as chemicals or drugs. These chemicals help animals for digesting their food more effectively, getting the maximum benefit out of it, and by this, the animals develop strong and healthy adults. These chemicals also protect the animal from various types of microbial diseases. Animal growth enhancers help the animals gain more fat and weight which helps in more amount of flesh production. It includes products such as feed enzymes, antibiotics, organic acids, probiotics & prebiotics, which help to enhance the growth in performance of animals.
The titled segments and sub-section of the market are illuminated below:
by Type (Antibiotic, Hormonal, Probiotic and Prebiotic, Organic Acid, Phytogenics, Others), Animal Class (Livestock, Aquaculture, Poultry, Porcine, Equine), Animal Groups (Arthropods, Annelids, Chordates)
Market Trends:
Growing competition and the changing market dynamics
Opportunities:
Rising population and increasing disposable income levels and increase the protein-rich food demand
Market Drivers:
Reduced production cost
Increase in demand for food from an animal source
Global Animal Performance Enhancers market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Points Covered in Table of Content of Global Animal Performance Enhancers Market:
Chapter 01 – Animal Performance Enhancers Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Animal Performance Enhancers Market - Pricing Analysis
Chapter 05 – Global Animal Performance Enhancers Market Background
Chapter 06 -- Global Animal Performance Enhancers Market Segmentation
Chapter 07 – Key and Emerging Countries Analysis in Global Animal Performance Enhancers Market
Chapter 08 – Global Animal Performance Enhancers Market Structure Analysis
Chapter 09 – Global Animal Performance Enhancers Market Competitive Analysis
Chapter 10 – Assumptions and Acronyms Chapter 11 – Research Methodology
Read Detailed Index of full Research Study at @https://www.advancemarketanalytics.com/reports/48482-global-animal-performance-enhancers-market
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