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North America Feed Phytogenics Market Size By Livestock (Poultry, Swine, Ruminant, Aquatic, Equine), By Product (Essential Oils, Herbs & Spices, Oleoresins, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 - 2026

Published Date: February 2021 | Publisher: Graphical Research Report ID: GR1659 | Delivery : PDF

North America Feed Phytogenics Market size exceeded USD 100 million in 2019 and is estimated to witness over 3% CAGR from 2020 to 2026.

Phytogenics are growth promoters, which are mainly used in feed additives. Phytogenics are obtained from herbs and spices. Feed phytogenics are substances that are added to the animal diet for improving animal performance. Feed phytogenics enhance the antimicrobial activity in animals. These also offer antioxidative effects, improve palatability and gut function, in turn, promoting growth.

Phytogenic feed additives are mainly seen as an alternative for antibiotic growth promoters in livestock diet. Phytogenics additives includes herbs, essential oils, and spices. Feed phytogenics comprise a wide range of products such as pungent substances, flavonoids, bitter substances, mucilages and saponins. These products influence animal growth rate, ammonia emission, and virulence of bacteria.

North American Market, By Product

Essential oils are used in animal feeds as a replacement for antibiotics and growth promotors. These form an important component in the animal diet. These products are less toxic and free from residues Use of essential oils in animal feed has increased owing to growing emphasize on reducing or completely abolishing the use of antibiotics and antimicrobial from livestock feed. This trend has bolstered the growth of the essential oil demand in livestock feed uses.

Essential oils are also used by animal producers in improving the durability of raw feed, which improves animal health and performance. Moreover, the animal production in North America has soared in recent years owing to growth in the consumption of different types of meat and increase in the number of household pets. These trends have influenced animal producers to utilize animal feed additives which improve animal health and performance. Owing to such trend, the animal feed additives sector in North America has seen a significant increase in recent years, which has played a key role in triggering the North American feed phytogenics market.

North American Market, By Livestock

The poultry sector in United States has seen a robust growth in recent years owing to growing consumption of chicken meat. Pertaining to this, poultry farmers are focusing on improving chicken quality and performance by including additives in animal diets. United States’ poultry industry was home to nearly 527 million chickens in 2018 and the chicken production increased to a value of 46 billion pounds in 2018.

There has been increase in the meat consumption in North America, owing to changing consumer preferences. The fresh chicken meat sales have reached to a value of USD 12 billion in 2019 in United States. Growing consumption of chicken and turkey sausages should accelerate the poultry production in North America. This rise in the production of chicken, pigs, and turkey should accelerate the animal feed additives consumption, which should boost the demand for North America feed phytogenics industry.

Competitive Industry Landscape

North American market share is significantly competitive with major players including DowDuPont, Pancosma, Phytobiotics North America, LLC, Cargill, Nestlé Purina PetCare Company, DSM, PMI Nutrition, and doTERRA.
 

Frequently Asked Question(FAQ) :

The market for feed phytogenics in North America had reached USD 100 million in 2019 and is expected to hit a steady 3% CAGR up to 2026.
The ingredients are use in essential oils which act as replacement for antibiotics and growth promotors in animal feed, being less toxic and residue free.
North America feed phytogenics industry share from the poultry sector will expand due to increasing chicken meat consumption and the focus of poultry farmers on quality and performance.
Prominent feed phytogenics providers in the region are Cargill, DowDuPont, DSM, doTERRA, Nestlé Purina PetCare Company, Pancosma, PMI Nutrition and Phytobiotics North America, among others.

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North America Feed Phytogenics Market Size & Share | Forecasts 2026


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