Feed Phytogenics Market in North America 2020 By Industry Growth & Regional Trend To 2026 - PowerPoint PPT Presentation

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Feed Phytogenics Market in North America 2020 By Industry Growth & Regional Trend To 2026

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North American Feed Phytogenics Market size is predicted to surpass USD 130 million by 2026, according to a latest forecast report by Graphical Research. Increase in the consumption of meat has boosted the production of chicken, cows, turkey, and swine, which has bolstered the demand for feed phytogenics in North America. Moreover, growing awareness about feed additives among pet owners and animal farmers should accelerate the market growth. – PowerPoint PPT presentation

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Title: Feed Phytogenics Market in North America 2020 By Industry Growth & Regional Trend To 2026


1

North America Feed Phytogenics Market to Exceed
130 Mn by 2026 Graphical Research
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
2

North American Feed Phytogenics Market size is
predicted to surpass USD 130 million by 2026,
according to a latest forecast report by
Graphical Research. Increase in the consumption
of meat has boosted the production of chicken,
cows, turkey, and swine, which has bolstered the
demand for feed phytogenics in North America.
Moreover, growing awareness about feed additives
among pet owners and animal farmers should
accelerate the market growth. The demand for
herbs and spices for improving animal health and
performance is on the rise owing to prohibition
on the use of nutritive antibiotic and rising
consumer awareness among consumers regarding
phytogenics. Producers are emphasizing on using
plant extracts as digestion and physiological
function stimulants in animals. Further, use of
plant extracts in feed as antioxidants in animals
has also increased. Phytogenic extracts from
herbs and spices have a pharmacologic action in
digestive tract of animals. The demand for feed
phytogenics from herbs and spices has increased,
pertaining to rising consumer awareness regarding
feed additives from plants, which should
accelerate the feed phytogenics market
growth. The ruminant segment from the
application category is predicted to register a
growth of over 3.5 between 2020 and 2026.
Ruminants are herbivorous mammals, which feed on
plants. Phytogenics help in ruminant production
by improving growth of beef cattle. Feed
phytogenics enhance milk yield and reduce the
ammonia emissions compared to feeds that lack
feed phytogenics.
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
3

Get sample copy of this research report _at_
https//bit.ly/2RBLIKM Request for
customization _at_ https//bit.ly/2T8CaaB
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
4

Feed phytogenics demand for ruminant production
has boosted owing to rising production of beef
cattle. In 2019, there were nearly 95 million
cattle and calves in United States. In January
2020, there were nearly 981 thousand dairy cows
and 3.5 million beef cows in Canada. Further,
commercial beef production in the U.S. has
increased from 23.7 billion pounds in 2016 to
27.1 billion pounds in 2019. This increase in the
commercial beef production has fueled the demand
for feed additives, which should stimulate the
North American feed phytogenics market demand in
ruminant applications. Phytogenic feed additives
constitute a variety of essential oils, herbs,
and spices. Feed phytogenics for pigs help in
reducing bacterial counts, reducing formation of
substances like ammonia and biogenic amines, and
improving gut equilibrium. The demand for feed
additives in swine industry has proliferated
owing to increasing production of pigs in United
States and Canada. The volume of swine produced
in Canada increased from 28 million heads in 2018
to 28.3 million heads in 2019 and the port
consumption per capita in Canada was nearly 25 kg
in 2019. Moreover, the number of pigs and hogs in
United States increased from approximately 15
million in 2000 to nearly 75 million in 2019.
This rise in the production of pork has also
propelled the consumption of feed additives in
the market. The demand for feed additive has
soared in North America owing to increase in the
production of livestock. In United States,
approximately six million hogs and pigs were
breeding in 2018, and the number has been
increasing as the number pork consumption
increases. This has driven the animal feed
additives industry in United States. The animal
feed additives industry is expected to reach to a
value of around USD 9 billion in 2025 from
approximately USD 6.15 billion in 2016. Major
players in the market include DowDuPont,
Pancosma, Phytobiotics North America, LLC,
Cargill, Nestlé Purina PetCare Company, DSM, PMI
Nutrition, and doTERRA.
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
5

Segmentation of North America Feed Phytogenics
Market North America Market, By Type Essential
Oils Herbs Spices Oleoresins Others North
America Market, By Livestock Poultry Swine Ruminan
t Aquatic Equine Others The above information
has been provided for the following
countries North America  U.S. Canada Mexico    
2018 Graphical Research. All rights
reserved.


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6

About Graphical Research Graphical Research is
a business research firm that provides industry
insights, market forecast and strategic inputs
through granular research reports and advisory
services. We publish targeted research reports
with an aim to address varied customer needs,
from market penetration and entry strategies to
portfolio management and strategic outlook. We
understand that business requirements are unique
our syndicate reports are designed to ensure
relevance for industry participants across the
value chain. We also provide custom reports that
are tailored to the exact needs of the customer,
with dedicated analyst support across the
purchase lifecycle. Contact Us Parikhit
B. Corporate sales, Graphical
Research  Phone1-800-986-6917Email sales_at_graphi
calresearch.com  Web https//www.graphicalresea
rch.com
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
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