Flavonoid Phytogenic Feed Additive Market Size, Share, Key Drivers, Industry Growth and Opportunity Analysis

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Flavonoid Phytogenic Feed Additive Market Size, Share, Key Drivers, Industry Growth and Opportunity Analysis

Flavonoid phytogenic feed additive market is expected to grow at a CAGR of 10.30% in the forecast period 2021 to 2028. Rising encapsulated technology enhances the efficiency of phytogenic feed additives is the major factor driving the growth of trace minerals in flavonoid phytogenic feed additive market in the forecast period of 2021-2028.

Phytogenics consists of an extensive range of substances and thus have been further classified according to botanical origin, processing, and composition. It includes herbs, that are non-woody flowering plants known to have medicinal properties, spices, which are herbs with intensive smell or taste. They are generally added to human food, essential oils, that are aromatic oily liquids derived from plant materials such as leaves, flowers, fruits, and roots; and oleoresins. Phytogenics are extracts derived by non-aqueous solvents from plant material and two of the most common phytogenic substances evaluated in swine include the spices oregano and thyme.

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The major players covered in the flavonoid phytogenic feed additive market report are Cargill, Incorporated, Delacon Biotechnik GmbH, BIOMIN Holding GmbH, Bluestar Adisseo, DuPont, Synthite Industries Ltd., ABT International, British Horse Feeds, MIAVIT GmbH, Himalaya Drug Company, Igusol, NOR-FEED, nutrex.eu, Indian Herbs, Silvateam S.p.a Tolsa SA, Kemin Industries, Growell India, Phytobiotics Futterzusatzstoffe GmbH and Ayurvet Limited, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.

Scope of the Flavonoid Phytogenic Feed Additive Market Report: 

Flavonoid phytogenic feed additive market is segmented on the basis of livestock, source, form and function. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.

  • Based on livestock, the flavonoid phytogenic feed additive market has been segmented into poultry, swine, ruminants, aquatic animals and others. The swine is the leading segment and dominates the phytogenic feed additives market during the forecast period mentioned above.
  • Based on source, the flavonoid phytogenic feed additive market is segmented into herbs spices, flowers and fruits vegetables. Herbs spices is the leading segment and dominates the phytogenic feed additives market during the forecast period mentioned above.
  • Based on form, the flavonoid phytogenic feed additive market is segmented into dry and liquid.
  • The flavonoid phytogenic feed additive market is also segmented on the basis of function into performance enhancers, antimicrobial properties, palatability enhancers and others. Others have been further segmented into phytogenic feed additives with anti-inflammatory properties and better feed conversion.

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Flavonoid Phytogenic Feed Additive Market Regional Analysis/Insights

The Flavonoid Phytogenic Feed Additive market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Flavonoid Phytogenic Feed Additive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Flavonoid Phytogenic Feed Additive within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Flavonoid Phytogenic Feed Additive market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

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