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Author / Researcher : Mordor Intelligence LLP
Number Of Pages/Tabs : 101
Number Of Charts : N/A
Published Date : 08/01/2016
Industries : Food and Beverages
Countries : All
Quality Score : 5
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With growing awareness of synthetic additives and following the strategy of Europe regarding ban of antibiotics has resulted in use of phytogenic feed additives as supplement to antibiotics.
Rise in demand for natural feed additives and organic meat has also driven the opportunity of phytogenic feed market. Tradition of feeding antibiotics in animal nutrition is still followed in U.S.
Use of antibiotics is still an issue in U.S, as many advocacy groups are proposing ban on antibiotics in animal nutrition.
However complete ban of antibiotics is not observed. This resulted in backward of usage of phytogenic feed in animal nutrition.
Apart from it, less awareness about the efficiency of the natural feed additives has also restrained the growth of market. U.S registered as the major exporter of meat industry to countries such as Mexico, Russia, China, Japan, Canada, South Korea and Middle East countries.
Among them South Korea, Russia banned antibiotics completely in animal nutrition. To continue the same position in the market the farmers are shifting towards the natural and safe additives in feed for enhancing the animal performance.
Growing demand for organic meat and increased demand for processed meat and meat products has driven the market and recorded it revenues at $78 million in 2015 and expected to grow at a CAGR of 4.2% during the forecast period. Essential oils are dominating the market and expected to grow at a steady rate.
They are preferred for the presence of active components such as thymol, eugenol and allicin, as they are active participants in enhancing the performance of animals by boosting the immunity and feed intake.
Demand for phytogenic feed in the region is expected to rise with a CAGR of 4.1% from 2015 to 2020 and expected to cross $135.2 Million.
The market is mainly driven by high growth potential in the Mexican and Canadian markets, while U.S.
market is matured comparatively due to high pressure from export countries to deliver and feed safe and natural products for animals. Biomin, Kemin, Delacon are a few major players contributing a significant share to Feed phytogenic market.
The strategies employed by these companies are acquisitions and mergers in order to increase their market share and promote the growth of these products.
Also huge amounts are being spent on R&D focusing on new and innovative products using latest available technology. Study Deliverables: Market Definition for the specified topic along with identification of key drivers and restraints for the market Analysis for the North America Feed Phytogenics Market, with region specific assessments and competition analysis on a regional scale Segment-level analysis in terms of application and end-user demand Forecasts and estimations for the sub-segment level market Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale Identification and analysis of the exogenous and endogenous factors such as macro and microeconomic variables that affect the North America Feed Phytogenics Market on both global and regional scale Extensively researched competitive landscape section with profiles of key players along with their share of markets A comprehensive analysis of recent organic and inorganic developments in the market by the major companies, and strategic benchmarking of developments Scope of the Study: Comprehensive overview of the Feed Phytogenics Market Competitive intelligence regarding the major players in this industry and the strategies adopted by them Insights about the major countries/regions in which this industry is blooming and also identifies the regions which are untapped.
1. INTRODUCTION 1.1 Research Methodology 1.2 Definition of the Market 2. KEY FINDINGS OF THE STUDY 3. MARKET OVERVIEW 3.1 Drivers 3.1.1 Increased demand for organic meat 3.1.2 Growth in Industrial production of livestock 3.1.3 Advancements in compound feed production 3.2 Constraints 3.2.1 Restrictive Government regulations 3.3 Opportunities 3.3.1 Ban on Anti-biotics 3.3.2 Rise in the cost of natural feeds 3.4 Porter's Five Forces Analysis 3.4.1 Bargaining Power of Suppliers 3.4.2 Bargaining Power of Buyers 3.4.3 Threat of New Entrants 3.4.4 Threat of Substitute Products and Services 3.4.5 Degree of Competition 4. MARKET SEGMENTATION 4.1 By Types 4.1.1 Herbs 4.1.2 Species 4.1.3 Essential oils 4.1.4 Oleoresins 4.1.5 Others 4.2 By Application 4.2.1 Ruminant 4.2.2 Poultry 4.2.3 Swine 4.2.4 Aquaculture 4.2.5 Others 4.3 By Geography 4.3.1 North America 220.127.116.11 U.S. 18.104.22.168 Canada 22.214.171.124 Mexico 126.96.36.199 Others 5. Competitive Landscape 5.1 Major strategies adopted by Companies 5.2 Most active companies in the past five years 5.3 Market Share Analysis 6. Company Profiles 6.1 Biomin 6.2 Delacon Biotechnik 6.3 PANCOSMA SA 6.4 Nor-Feed Sud 6.5 Bayir extract Pvt. Ltd 6.6 PhytosynthÃ¨se 6.7 Phytobiotics 6.8 Dostofarm 6.9 Kemin 6.10 Danisco 6.11 Natural Remedies 6.12 Igusol 6.13 A&A Pharmachem Inc. 7. Appendix 7.1 Sources 7.2 Disclaimer
Summary of Source & MethodologyTrue
"1. SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases. 2. PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research. 3. MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates. 4. EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external. 5. REPORT WRITING After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report. "
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