Global Phytogenic Feed Additives for Swine Market, By Type (Essential Oils, Flavonoids, Saponins, Oleoresins, Others), Source (Herbs and Spices, Flowers, Fruits and Vegetables), Function (Performance Enhancers, Antimicrobial Properties, Palatability Enhancers, Others), Form (Dry, Liquid), Packaging Types (Rigid Packaging, Flexible Packaging, Other Packaging Types), Distribution Channel (Mass Retailers, Internet Retailing, Direct Selling, Other Distribution Channels), End Users (Poultry Shops, Poultry Owners, Other End Users), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029.
Market Analysis and Insights of Phytogenic Feed Additives for Swine Market
Phytogenic feed additives for swine market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 8.00% in the above-mentioned forecast period.
Phytogenic feed additives (also referred as botanicals or PFAs) are basically the plant-based substances that are generated from spices, herbs, and other plants and are added to animal diets at recommended levels to improve animal performance. Phytogenic feed additives for swine are the diets that is specially made for the purpose to provide to the swines.
The factors such as rising concerns regarding animal health, growing demand for naturally produced feed additives as substitutes to in-feed antibiotics and the accessibility of new technologies, namely, encapsulated phytogenic feed additives emerge as the major factor fostering the growth of the phytogenic feed additives for swine market. Moreover, the increasing restriction on the usage of antibiotics are further estimated to cushion the growth of the market. In addition to this, the encapsulated technology enhances the proficiency of phytogenic feed additives is also projected to accelerate the market’s growth within the above mentioned forecast period. On the other hand, the dearth of awareness about the usage of phytogenic in under-developed and developing nations impedes the growth of the phytogenic feed additives for swine market. Moreover, changing prices of raw material also restraints the overall growth of the market.
Furthermore, the increased popularity of natural solutions for animals food nutrition and product innovations coupled with growing awareness towards nutrition will create lucrative opportunities for the growth of the phytogenic feed additives for swine market. On the flip side, the availability of the counterfeit products in emerging economies and the introduction of the low-quality products are projected to challenge the market within the forecast period.
This phytogenic feed additives for swine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Phytogenic feed additives for swine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Phytogenic Feed Additives for Swine Market Scope and Market Size
The phytogenic feed additives for swine market is segmented on the basis of type, source, function, form, packaging types, distribution channel, and end users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the phytogenic feed additives for swine market are segmented into essential oils, flavonoids, saponins, oleoresins, and others.
- On the basis of source, the phytogenic feed additives for swine market are segmented into herbs & spices, flowers, and fruits and vegetables
- On the basis of function, the phytogenic feed additives for swine market are segmented into performance enhancers, antimicrobial properties, palatability enhancers, and others.
- On the basis of form, the phytogenic feed additives for swine market are segmented into dry and liquid.
- On the basis of packaging types, the phytogenic feed additives for swine market are segmented into rigid packaging, flexible packaging, and other packaging types.
- On the basis of distribution channel, the phytogenic feed additives for swine market are segmented into mass retailers, internet retailing, direct selling, and other distribution channels.
- On the basis of end users, the phytogenic feed additives for swine market are segmented into poultry shops, poultry owners, and other end users.
Phytogenic Feed Additives for Swine Market Country Level Analysis
The phytogenic feed additives for swine market is segmented on the basis of type, source, function, form, packaging types, distribution channel, and end users.
The countries covered in the phytogenic feed additives for swine market report are U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa.
Europe dominates the phytogenic feed additives for swine market due to the strict regulations imposed on synthetic feed additives and ban on the usage of antibiotics within the region. Asia-Pacific on the other hand, is expected to show lucrative growth owing to the rising concerns towards the animal health and growing awareness regarding the phytogenic feed additives for swine.
The country section of the phytogenic feed additives for swine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Phytogenic Feed Additives for Swine Market Share Analysis
The phytogenic feed additives for swine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to phytogenic feed additives for swine market.
Some of the major players operating in the phytogenic feed additives for swine market report are Cargill, Incorporated, Delacon Biotechnik GmbH, DSM, Dostofarm GmbH, Phytobiotics Futterzusatzstoffe GmbH, pancosma, Silvateam S.p.a., NOR-FEED, IGUSOL S.A , Bluestar Adisseo Co., Ltd., DuPont, Natural Remedies, Synthite Industries Ltd., Kemin Industries, Inc., Growell India, Silvateam S.p.a., Dostofarm GmbH, and Phytosynthèse among others.
Recent Developments
- In January 2020, BioStrong Comfort, a new product from Delacon Biotechnik GmbH, has been launched in the US and Canadian markets. This product contains antioxidants derived from plants and was created to reduce the effects of heat stress in high-temperature and high-humidity environments.
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