Asia Pacific Feed Phytogenics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Asia pacific feed phytogenic market is segmented by Ingredients ( Herbs and Species, Essential Oils, and Others), by Application (Feed Intake and Digestibility, Flavoring and Aroma, and Others) and by Animal type (Ruminant, Poultry, Swine, and Others) in the countries like China, India, Japan, Australia, Thailand and Rest of Asia pacific.

Market Snapshot

Market Overview
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 7.5 %

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Market Overview

The Asia pacific feed phytogenics market is projected to register a CAGR of 7.5% during the forecast period 2020-2025. Modern animal productivity has decreased and is facing several problems in developing regions like Asia–Pacific. The increasing demand for animal products and volatile prices for the raw materials required for the implementation of optimum production conditions is driving the need for Phytogenics. Feed additives, especially Phytogenics, due to naturally derived, have gained a considerable attention in the feed industry. Asia-Pacific is the fastest-growing market for feed phytogenics with Vietnam, Indonesia, and India majorly contributing to the demand in the region.

Scope of the report

Feed phytogenics exert positive influences on multiple life-processes in animals, thereby helping fight against disease outbreaks and facilitating healthy growth throughout. These plant-based feed additives or botanicals are a natural alternative to antibiotic-free feed additives. is segmented by Ingredients ( Herbs and Species, Essential Oils, and Others), by Application (Feed Intake and Digestibility, Flavoring and Aroma, and Others) and by Animal type (Ruminant, Poultry, Swine, and Others) in the countries like Vietnam, China, India, Japan, Australia, Thailand and Rest of Asia pacific.

Ingredients
Herbs and Spices
Essential Oils
Others
Application
Feed Intake and Digestibility
Flavoring and Aroma
Others (Stress Reduction, Energy Effectiveness, etc.)
Animal Type
Ruminant
Poultry
Swine
Aquaculture
Others
Geography
China
India
Japan
Australia
Rest of Asia Pacific

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Key Market Trends

Increased Compound Feed Production

Asia-Pacific is becoming an attractive market for phytogenic feed manufacturers. As increased intake of animal protein and growing awareness of natural feed additives. The demand for safe human food and mass production of meat has received considerable attention to the importance of feed additives. The dietary insertion of these additives has a positive effect on the animal health, as they are mixed with other feed additives with nutritional value that help in proliferation of indigenous lactic acid bacteria. The rising demand for animal products such as meat and eggs and environmental concerns over animal waste pollution are some of the major factors indicating a positive outlook for the feed phytogenics. Poultry is the major consumer of feed phytogenics. The need for superior quality meat and dairy products from health enthusiasts and increasing popularity for natural ingredients in pet food are further leading producers to capture the untapped profits in the phytogenic industry.

Asia pacific Feed Phytogenic Market, Volume of Compound Feed Production in Million MT, By Country, 2019

Increased Industrial Livestock Production

As per the Food and Agriculture Organization, the volume of meat production in Asia has significantly increased over the years accounting for 143.6 million tonnes in the year 2018 up from 139.4 million tonnes in 2016 denoting an ever-increasing demand for meat products in the region. Hence the farmers focus more on the production of quality meat for the customers. The replacement strategy for antibiotic growth promoters and the absence of harmful residues in plant-based additives are majorly driving the demand for feed phytogenics in the Asia-Pacific belt. Vietnam, and Indonesia, among the top feed producing countries in the region, passed respective decrees prohibiting the use of antibiotics for animal growth promotion in early 2017. The use of antibiotics by producers to artificially fatten livestock is also facing a recommendation for a ban in India from the National Antimicrobial Resistance Action Plan committee, thereby fuelling the growth for natural additives like phytogenics in the Indian market.

Asia pacific Feed Phytogenic Market, Volume of Meat Production in Million Tonnes, 2016-2018

Competitive Landscape

The feed photogenic market is highly fragmented with the presence of many small and medium-sized companies and a few international players competing in the market. Some of the players in the market are Cargill, Incorporated, DuPont, Adisseo, Biomin GmbH, Delacon Biotechnik GmbH, Pancosma, Phytobiotics Futterzusatzstoffe GmbH, NOR-FEED, Phytosynthese, and others. The most adopted strategies of these companies have been strategic partnerships, extensive research and development investments, and mergers and acquisitions.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porters Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Ingredients

      1. 5.1.1 Herbs and Spices

      2. 5.1.2 Essential Oils

      3. 5.1.3 Others

    2. 5.2 Application

      1. 5.2.1 Feed Intake and Digestibility

      2. 5.2.2 Flavoring and Aroma

      3. 5.2.3 Others (Stress Reduction, Energy Effectiveness, etc.)

    3. 5.3 Animal Type

      1. 5.3.1 Ruminant

      2. 5.3.2 Poultry

      3. 5.3.3 Swine

      4. 5.3.4 Aquaculture

      5. 5.3.5 Others

    4. 5.4 Geography

      1. 5.4.1 China

      2. 5.4.2 India

      3. 5.4.3 Japan

      4. 5.4.4 Australia

      5. 5.4.5 Rest of Asia Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategy

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Cargill, Incorporated

      2. 6.3.2 Dupont

      3. 6.3.3 Adisseo France SAS

      4. 6.3.4 Biomin GmbH

      5. 6.3.5 Pancosma

      6. 6.3.6 Kemin Industries Inc.

      7. 6.3.7 Natural Remedies

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19

**Subject to Availability

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Frequently Asked Questions

The Asia Pacific Feed Phytogenics Market market is studied from 2016 - 2026.

The Asia Pacific Feed Phytogenics Market is growing at a CAGR of 7.5% over the next 5 years.

Cargill Inc., Dupont, Adisseo, Biomin, Kemin are the major companies operating in Asia Pacific Feed Phytogenics Market.

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