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

The South America Feed Phytogenics market is segmented By Ingredients into (Herbs and Spices, Essential Oils, and Others), By Application into (Feed Intake and Digestibility, Flavoring and Aroma, and Others (Stress Reduction, Energy Effectiveness, etc.)), in the countries like Brazil, Argentina and Rest of South America.

Market Snapshot

Market Overview
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 3.8 %

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Market Overview

The South America Feed Phytogenics Market is projected to register a CAGR of 3.8% during the forecast period. South America contributes a very small part in the feed phytogenic market, and the demand for healthy and quality meat outputs is driving the market towards growth. The increasing feed production is driving the feed phytogenics industry regionally, owing to the antibiotic-free nature and other health-induced benefits of phytogenics in animals. Brazil has the largest market share and other countries like Argentina are expected to grow at a faster rate during the forecast period.

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. The South America Feed Phytogenics market is segmented By Ingredients into (Herbs and Spices, Essential Oils, and Others), By Application into (Feed Intake and Digestibility, Flavoring and Aroma, and Others (Stress Reduction, Energy Effectiveness, etc.)), in the countries like Brazil, Argentina and Rest of South America.

Ingredients
Herbs and Spices
Essential Oils
Others
Application
Feed Intake and Digestibility
Flavoring and Aroma
Others
Animal Type
Ruminant
Poultry
Swine
Aquaculture
Others
Geography
Brazil
Argentina
Rest of South America

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Key Market Trends

Increasing Production of Animal Feed Driving the Market

The increasing production of feed is driving the feed phytogenic market, owing to the accelerated efficiency and performance and health-induced benefits of phytogenics in animals. The demand for an improved feed conversion ratio and antibiotic-free additives from a growing number of livestock producers are further inducing the need for the botany-based feed additives. According to the AllTech feed survey in the year 2019, South America has 3,715 feed mills with an annual production capacity of 102.2 million metric tons. 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. The regional requirement for high volumes of feed and feed additives has resulted in extensive scientific research in the area and is projected to drive the overall market for feed phytogenics in the coming years.

South America Feed Phytogenic Market, Feed Production, By Country, In Million MT, 2019

Growing Inclination Towards Meat and Animal Based Food

The demand for higher value and quality foods, such as meat, eggs, and milk, is increasing, compared to plant-originated foods, such as cereals, owing to the rising demand for greater food varieties and protein intake. These changes in consumption, together with sizeable population growth, have led to large increases in the total demand for animal products in the region. Furthermore, this trend is expected to continue in the coming years. Farmers face a lot of challenges in maintaining the animal’s health while keeping the cost of feed at an economical level. All these factors have resulted in gaining popularity of phytogenic feed additives in animal nutrition, as they are cost-effective solutions, which enhance animal performance. Essential oils are the major additives preferred by the consumers as they are benefiting the farmers in improving animal performance and profitable returns. They are preferred as they have resulted in better performance by improving the digestion, feed intake, and conversion ratio.

South America Feed Phytogenics Market, Meat Consumption Volume, In Million MT, Brazil and Argentina, 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

    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 Brazil

      2. 5.4.2 Argentina

      3. 5.4.3 Rest of South America

  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 Delacon Biotechnik GmbH

      6. 6.3.6 Pancosma

      7. 6.3.7 Kemin Industries Inc.

      8. 6.3.8 Natural Remedies

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19

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Frequently Asked Questions

The South America Feed Phytogenics Market market is studied from 2016 - 2026.

The South America Feed Phytogenics Market is growing at a CAGR of 3.8% over the next 5 years.

Dupont, Biomin , Cargill inc., Adisseo, Delacon Biotechnik are the major companies operating in South America Feed Phytogenics Market.

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