Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Phytogenics comprises wide range of substance and thus have been further classified according to botanical origin, processing and composition. The number of feed phytogenics mostly includes herbs, and species which often provide medicinal properties; smell and taste in the feed phytogenics. Besides, the feed phytogenics ideally have antimicrobial activity where the products provide antioxidative effects, enhance palatability and improve gut function and promote growth in the livestock. The growing number of livestock producer and demand for various animal based products like meat, dairy and other animal based products is expected to drive the fuel market growth to huge extend during the forecast period.
The Europe feed phytogenics market is driven by differing driving factors like growing awareness of animal health and diseases which can minimize the productivity of livestock thereby number of livestock producer are opting for feed phytogenics market products. Adding to that increasing consumption of natural feed additives such as phytogenics in livestock is boosting their overall development of livestock. Likewise, growing demand for animal-based products from various livestock due to their various beneficial properties in meat, egg, and dairy products like protein and among other has created rising requirement for livestock which is ultimately driving the Europe feed phytogenics market. Also, one of the key factor accelerating the market in Europe region is increasing demand for natural ingredients in the feed industry.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the Europe feed phytogenics market. In addition, complete analysis of changes on feed phytogenics market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 has specifically affected the production demand, supply and distribution of products in the initial days of pandemic however demand for feed phytogenics to prevent diseases in livestock has provided positive growth rate for market.
The feed phytogenics market comprises of different market segment like product, livestock, function, application and country.
The feed phytogenics is available in market according different products including essential oils, herbs & spices, and oleoresins. Herbs & Spices mostly helps to boost the livestock nutrition as digestion stimulants, appetite provider and stimulant of physiological functions for the prevention of pathological conditions. The increasing awareness for the livestock health and use of herbs & spices for safe feed intake with different health benefiting properties is expected to provide better production in farm livestock. Similarly, essential oils and oleoresins is also having increasingly demand for market. The essential oil mostly help to kill bacteria, fungi, and some viruses reducing the discomfort and illness that causes the stress.
The feed phytogenics market is studied for various livestock including poultry, swine, ruminant, aquatic, equine, others. Poultry livestock has dominated the Europe feed phytogenics market and is expected to maintain its dominance over the forecast period. The growing consumption of poultry based products, meat and increasing farming of poultry has specifically fuelled the requirement for feed phytogenics market. The demand for protein rich poultry products in the European market has specifically fuel the market. Also, other livestock such as swine, ruminant, aquatic, equine, are also having rising requirement for feed phytogenics in Europe market.
The feed phytogenics market has its function for performance enhancers, palatability enhancers, and antimicrobial properties. Palatability enhancers is expected to witness increasing demand in Europe feed phytogenics market. The segment is driven by factors such as it allows the freshness of raw material, and are mostly applied in manufacturing process of livestock feed phytogenics. The segment plays an important role in the overall appeal of livestock feed product by enhancing the taste and aromas. On the other hand, performance enhancers helps the livestock to have proper development with increasing productivity which is further contributing in the Europe market growth.
The feed phytogenics market finds its major application in feed intake and digestibility, flavoring and aroma, others. Feed intake and digestibility is the emerging application in Europe feed phytogenics market by application. The different factors contributing in the market growth are the feed phytogenics encourage the livestock to intake feed and enhance nutrient utilization with improves feed efficiency. In addition, feed phytogenics support the nitrogen recycling in animal which reduces ammonia emission which is creating demand for feed phytogenics in feed intake and digestibility. Likewise, flavoring and aroma is having requirement for feed phytogenics as in feed it provide long lasting, aroma and fresh taste which improved the feed flavor improves feed intakes thereby improving the production performance.
Europe feed phytogenics market is studied for the following countries like Germany, U.K, France, Italy, Spain and Rest of Europe. Germany is expected to gain major market for the Europe feed phytogenics market attributing to growing research and development activities for feed to enhance their nutrition properties. Besides, demand for high quality feed for the livestock to boost their productivity has accelerated the market in the region. Also, regulation for livestock, their feed and feed product has specifically fuelled the market. On the other hand, U.K. is expected to hold second position in the market owing driving demand for poultry farming and increasing demand for natural ingredients in the feed is fuelling the market growth to huge extend. Besides, ban on antibiotics has provided the market with ample of new growth opportunities.
The key players in feed phytogenics market are Adisseo, Cargill Incorporated, Delacon Biotechnik GmbH , DOSTOFARM GmbH, Dupont, ERBER Group/DSM, Growell India, Kemin Industries, Inc., Natural Remedies , NOBLE LIFESCIENCE, Nutrex, Nutricare, Phytobiotics Futterzusatzstoffe GmbH, Phytosynthese, Silvateam S.P.A., Synthite Industries Ltd., The Himalaya Drug Company, Vetsfarma Ltd., Vinayak Ingredients India Pvt Ltd, Igusol, Biomin GmbH , Norfeed , HUVEPHARMA EOOD, EW Nutrition GmbH, Devenish Nutrition and Indian Herbs among others.
April 2021: The Phytobiotics acquired significant share in the Turkish company NutriMOORE. This strategic investment for Phytobiotics will lead to great growth ambitions for the Middle East.
September 2020: DuPont Animal Nutrition partnered with Proteon Pharmaceuticals in the poultry industry. The partnership will bring the emerging bacteriophage technology to poultry producers which assists in mitigate antimicrobial resistance.
August 2020: The Delacon enters into aqua culture with launch of Syrena boost which is a full phytogenic solution for serving modern aquaculture practices. The premixture targets gut performance and productivity. It is a solution for all aqua species.
The report analyses the feed phytogenics market based on by product, livestock, function, application and country. The feed phytogenics is available in market according different products including essential oils, herbs & spices, and oleoresins. Herbs & Spices mostly helps to boost the livestock nutrition as digestion stimulants, appetite provider and stimulant of physiological functions for the prevention of pathological conditions. The feed phytogenics market is studied for various livestock including poultry, swine, ruminant, aquatic, equine, others. Poultry livestock has dominated the Europe feed phytogenics market and is expected to maintain its dominance over the forecast period. The feed phytogenics market has its function for performance enhancers, palatability enhancers, and antimicrobial properties. Palatability enhancers is expected to witness increasing demand in Europe feed phytogenics market. The feed phytogenics market finds its major application in feed intake and digestibility, flavoring and aroma, others. Feed intake and digestibility is the emerging application in Europe feed phytogenics market by application. Europe feed phytogenics market is studied for the following countries like Germany, U.K, France, Italy, Spain and Rest of Europe.
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