Share on

Middle East And Africa Feed Phytogenics Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Ingredients, Animal Type, Application, And By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 1187
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Feed Phytogenics Market Size (2024 to 2029):

The Middle East and Africa feed phytogenics market size is expected to reach USD 57.25 Million in 2024 and reach USD 71.46 million by 2029, growing at a CAGR of 5.70% from 2024 to 2029.

The feed phytogenics market is growing at a substantial rate due to the progress in the animal feed industry. Phytogenic feed Ingredients such as essential oils, oleoresins, and herbs & species are utilized in animal food. These additives enhance the nutrition of livestock such as swine, cattle & broilers, which are mainly used for meat intake as a source of protein. These products are also known to have antiviral, antifungal, and antimicrobial characteristics.

The growth of the Middle East and Africa feed phytogenics market is majorly driven by factors such as increasing reliability on natural growth promoters, a rise in per-capita meat intake, and rising health awareness regarding the usage of antibiotics. However, the lack of efficacy of these compounds due to their intricate nature and the volatile nature of essential oils are the main factors hindering the growth of the market in this region.

This research report on the Middle East and Africa feed phytogenics market is segmented and sub-segmented into the following categories.

Middle East and Africa Feed Phytogenics Market – By Ingredients:

  • Essential oils
  • Oleoresins
  • Herbs and Species
  • others

Essential oils lead the feed phytogenics market and are also projected to grow at the highest CAGR during the forecast period. This is due to the extensive range of health benefits provided such as gut health support, antibiotic cutback, and healthy ingestion in poultry.

Middle East and Africa Feed Phytogenics Market – By Animal Type:

  • Poultry
  • Aquaculture
  • Swine
  • Ruminant
  • others

Under this segment, Poultry leads the market accounting for more than 35% of the market share. However, the calf is projected to be the fastest growing segment with a CAGR of 7.8%, as they protect them from scours, diarrhea, and other gastrointestinal discrepancies.

Middle East and Africa Feed Phytogenics Market – By Application:

  • Flavouring and Aroma
  • Organic Trace minerals
  • Anti-Parasitic
  • Feed Intake and Digestibility
  • others

Middle East and Africa Feed Phytogenics Market – By Country:

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

The market has been geographically segmented into Middle East and Africa. The African meat market is projected to grow sharply in the coming few decades. Other than the rising demand for organic foods, phytogenics are mainly favoured for their production value wherein they significantly decrease the cost of production. The growing income levels would be the crucial driver for the market in Africa, as Rwanda, South Africa, Botswana, and Egypt are projected to be the most rapidly developing countries in Africa.

KEY MARKET PLAYERS:

The major players in the market are fixated on broadening their distribution networks to cater to the wider market. The major companies dominating the Feed Phytogenics market in this region are Cargill Inc., DuPont, Biomin, Pancosma SA, and Delacon Biotechnik.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample