Latest News- Feed Phytogenics Market in Europe: Poultry is expected to lead the Feedstock segment during 2025-2029
The Feed Phytogenics Market in Europe is being driven by Encapsulated technology
The Feed Phytogenics Market in Europe is expected to grow at a CAGR of 10.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 93.7 million. In the European pet food market, there is a growing demand for high-quality, safe, and naturally sourced ingredients due to increasing pet ownership and concerns regarding pet health and nutrition. Feed additives, particularly phytogenic ones, play a crucial role in enhancing the quality of pet food. Phytogenic feed additives, derived from plants and microorganisms, are gaining popularity among pet food manufacturers in response to this trend. Notable companies, such as Silvateam S.p.A. from Italy, offer phytogenic feed additives for pet food production. This rising pet population, coupled with the emphasis on pet health and wellbeing, will propel numerous feed additive companies to introduce phytogenic feed additives in the European pet food market.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Feedstock (Poultry, Swine, Ruminants, Aquatic animals, Others) Application (Essential oils, Herbs and spices, Oleoresins, Others) Geography (Europe).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Feed Phytogenics Market in Europe Research Report
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The European feed phytogenics market is experiencing significant growth due to the increasing demand for antibiotic-free poultry farming. This trend is driving innovation in the feed additives market, with a focus on improving feed quality and safety for broiler chickens. Plant-based feed additives, such as herbs and spices, are gaining popularity as natural alternatives to antibiotics for promoting digestive health and preventing disease in poultry. Feed sustainability is also a key consideration, with a focus on feed production using sustainable methods and natural livestock health. Phytogenic feed additives, including phytogenic feed for ruminants, are being used to enhance animal welfare and reduce feed costs. Feed manufacturing is also focusing on feed innovation, research, and development of alternative growth promoters like phytogenic additives for disease prevention. The market for organic feed, including organic poultry feed and clean label poultry, is also growing as consumers demand higher-value foods produced using natural methods. Overall, the European feed phytogenics market is moving towards sustainable poultry production, with a focus on natural poultry feed, organic livestock feed, and feed technology that promotes holistic animal health.
The European feed phytogenics market is a significant segment of the global specialty chemicals industry, focusing on the production and utilization of high-value-added natural additives for enhancing feed efficiency and animal performance in feed mills. Factors such as population expansion and the European Union's antibiotic ban have fueled the demand for alternative solutions in poultry diets, leading to the expansion of the phytogenic industry. As a result, manufacturers of feed phytogenics are experiencing increased business opportunities, with herbs and other natural additives becoming increasingly popular. This trend is expected to continue, as the demand for natural alternatives to antibiotics in meat production grows. Consequently, the European feed phytogenics market is poised for significant growth during the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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