Asia Pacific Feed Phytogenics Market Size
| Study Period | 2024 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 310.5 Billion |
| Market Size (2029) | USD 445.76 Billion |
| CAGR (2024 - 2029) | 7.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Feed Phytogenics Market Analysis
The Asia Pacific Feed Phytogenics Market size is estimated at USD 310.5 billion in 2024, and is expected to reach USD 445.76 billion by 2029, at a CAGR of 7.5% during the forecast period (2024-2029).
Animal productivity in developing regions, particularly in Asia-Pacific, faces challenges and has shown a decline. The growing demand for animal products, combined with fluctuating prices of raw materials needed for optimal production, increases the need for phytogenics. These natural feed additives have gained significant attention in the feed industry. The Asia-Pacific region represents the fastest-growing market for feed phytogenics, with Vietnam, Indonesia, and India being the primary contributors to regional demand.
Animal food products, including meat, eggs, and milk, play a crucial role in meeting the nutrition targets of Asia Pacific countries such as India, Japan, China, and others as reported by the Food and Agriculture Organization (FAO). These products provide high-quality protein, essential fatty acids, minerals (iron, calcium, zinc, selenium), vitamins (B12), choline, and bioactive compounds (carnitine, creatine, taurine). These nutrients from terrestrial animals serve important health and developmental functions in the region. According to the Department of Livestock Production (MARD), poultry and waterfowl production demonstrated an average growth rate of 6.3% annually from 2019 to 2022. Vietnam's total poultry population in 2022 exceeded 500 thousand, with layer hens comprising approximately 23%. The country's poultry egg production reached nearly 17.6 billion eggs in 2022, with chicken eggs accounting for 61.75% and duck eggs for 38.25%. The Philippines Statistics Authority reported black tiger shrimp production of 33,731 metric tons in 2022, which may include vannamei shrimp. Disease outbreaks, including Acute hepatopancreatic necrosis disease (AHPND), White spot syndrome virus (WSSV), and Enterocytozoon hepatopenaei (EHP), along with co-infections, caused sudden mortalities in aquaculture operations, leading to increased adoption of phytogenics in these countries.
Phytogenic feed additives in the Asia-Pacific region comprise bioactive compounds extracted from essential oils and herbs. These additives are experiencing increased adoption in the regional animal feed industry, partly driven by the growing restrictions on Antibiotic Growth Promoters (AGPs) in food animals. The region's diverse flora enables significant local production of phytogenic feed additives, improving their availability and market penetration. According to a nutritionist at Farmsco Feed Indonesia, phytogenic additives demonstrate particular effectiveness in poultry feed compared to other livestock applications. The herbal properties and positive effects on production performance have made these additives especially valuable in poultry farming. Research initiatives continue to validate the benefits of phytogenic additives. A 2023 study by Universitas Brawijaya, Indonesia, demonstrated that natural feed additives, including combinations of probiotics, probiotics, and microencapsulated acidifiers, improved broiler intestinal health by increasing the number, length, and depth of villi in the ileum section of the small intestine.
Asia Pacific Feed Phytogenics Market Trends
Growing Livestock and Aquaculture Production Drives Feed Phytogenics Market
Industrial livestock production requires high-quality feed to optimize production efficiency, improve feed conversion ratios, and increase animal muscle mass and protein content. As more farmers adopt industrial-scale livestock operations, the demand for feed phytogenics has increased to support the production of high-quality compound feed. The growing milk and cattle production in the Asia-Pacific region is anticipated to drive the feed phytogenics market growth during the forecast period.
China's Ministry of Agriculture and Rural Affairs established new self-sufficiency targets in its Five-Year Plan for 2023. The targets include 100% self-sufficiency for poultry and eggs, 95% for pork, 85% for beef and mutton, and 70% for dairy products. While China maintains high self-sufficiency levels for meat and dairy products, increasing income levels and urbanization are driving higher consumption of animal proteins. To maintain current self-sufficiency rates, China needs to expand domestic production. The country aims to achieve a meat output of 89 thousand metric tons by 2025, representing a 15% increase from 2022 levels.
Fish and fishery products have become vital protein sources globally, particularly in the Asia-Pacific region. According to the Fishery Statistical Bulletin of Southeast Asia (SEAFDEC, 2023), Indonesia dominated the region's fishery production in 2022, accounting for 47.2% of the total output. Vietnam followed with 18.7%, Myanmar with 13.0%, the Philippines with 9.5%, Thailand with 5.2%, Malaysia with 3.9%, and Cambodia with 2.0%. The increasing consumption of animal protein and growing awareness of natural feed additives have heightened the focus on feed safety and mass production capabilities. Feed additives, when combined with other nutritional components, positively impact animal health by promoting indigenous lactic acid bacteria growth. Consumer demand for high-quality meat and dairy products, coupled with the preference for natural ingredients in animal feed, has created opportunities for manufacturers in the phytogenic market.
China Dominates the Market
The outbreak of various diseases has raised concerns about livestock meat quality and safety, prompting producers throughout the supply chain to prioritize animal feed quality. The increased awareness of animal nutrition, growing demand, and widespread antibiotic restrictions have led livestock and meat producers to adopt phytogenics. These factors are driving the feed phytogenics market growth in China. According to the China Agriculture Outlook Report 2022, China remains the world's largest meat consumer. The country's per capita meat consumption increased from 46.1 kilograms in 2022 to 48.2 kilograms in 2023. Additionally, China accounted for 18% of global compound feed production in 2022. The substantial demand and production of compound feed in the region are projected to drive the growth of the feed phytogenics market in Asia-Pacific.
According to the National Bureau of Statistics of China, China ranks as the world's third-largest producer of beef cattle. The country produced 7.53 million metric tons of beef in 2023, up from 7.18 million metric tons in 2022. Beef consumption in China continues to rise as consumers incorporate more beef into their diets, creating market growth opportunities. The country has enhanced nutrient requirements for beef cattle, with particular emphasis on feed phytogenics for growing cattle. Traditional Chinese herbs, which have long served as phytogenic in animal feed, are readily available in China and demonstrate positive effects on animal health. These herbs offer cost-effective and simple preparation advantages compared to alternative additives. Fermented herb additives, including water plantain, red ginseng, green tea, and Ginkgo biloba L. (GBL), improve growth performance, feed efficiency, and nutrient digestibility in livestock. Additionally, these additives enhance digestive enzyme activity in the gastrointestinal tract and improve nutrient utilization in animals.
Broiler production in China has grown significantly, driving increased meat consumption and business profits. According to the USDA Foreign Agricultural Service, in 2022, 14.5 million metric tons of chicken were consumed in China as compared to 14.4 million metric tons in 2022. This expansion is due to several factors, including the meat's high nutritional value, low-fat content, rapid production cycle, and accessibility across income levels. Following restrictions on antibiotic usage in broiler production, Chinese producers have adopted phytogenics as natural alternatives, increasing the demand for these feed additives in the country.
Asia Pacific Feed Phytogenics Industry Overview
The Asia Pacific feed phytogenic market is highly fragmented with the presence of many small and medium-sized companies and a few international players competing in the market. Some of the players in the market are Cargill, Incorporated, Archer Daniels Midland Company (ADM), Adisseo, DSM-Firmenich, and IFF(Danisco Animal Nutrition). The most adopted strategies of these companies have been strategic partnerships, extensive research and development investments, and mergers and acquisitions.
Asia Pacific Feed Phytogenics Market Leaders
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Cargill, Incorporated
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Archer Daniels Midland Company (ADM)
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Adisseo
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IFF(Danisco Animal Nutrition)
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DSM-Firmenich
*Disclaimer: Major Players sorted in no particular order
Asia Pacific Feed Phytogenics Market News
- December 2023: ADM acquired PT Trouw Nutrition Indonesia, a subsidiary of Nutreco and a leading provider of functional and nutritional solutions for livestock farming in Indonesia. Through this acquisition, ADM planned to strengthen its feed additives & ingredients (FA&I) business including phytogenics, and strategically positioned itself to meet the anticipated market growth to sustain the rising demand for protein.
- June 2022: Cargill, Incorporated acquired Delacon, a leading expert in plant-based phytogenic additives. The acquisition helps both companies to develop phytogenic feed additives and strengthen their position amid rising demand for plant-based feed additives in Asia Pacific countries.
Asia Pacific Feed Phytogenics Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Animal Protein
4.2.2 Increasing Production of Compound Feed
4.2.3 Rising Incidence of Animal Diseases
4.3 Market Restraints
4.3.1 Stringent Government Rules
4.3.2 High Price of Raw Materials
4.4 Porters Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Ingredients
5.1.1 Herbs and Spices
5.1.2 Essential Oils
5.1.3 Other Ingredients
5.2 Application
5.2.1 Feed Intake and Digestibility
5.2.2 Flavoring and Aroma
5.2.3 Other Applications (Stress Reduction, Energy Effectiveness, etc.)
5.3 Animal Type
5.3.1 Ruminant
5.3.2 Poultry
5.3.3 Swine
5.3.4 Aquaculture
5.3.5 Other Animal Types
5.4 Geography
5.4.1 China
5.4.2 India
5.4.3 Japan
5.4.4 Australia
5.4.5 Rest of Asia Pacific
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategy
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Cargill, Incorporated
6.3.2 Archer Daniels Midland Company (ADM)
6.3.3 Adisseo
6.3.4 DSM-Firmenich
6.3.5 IFF(Danisco Animal Nutrition)
6.3.6 Kemin Industries, Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Asia Pacific Feed Phytogenics Industry Segmentation
Feed phytogenics exert positive influences on multiple life processes in animals, thereby helping fight against disease outbreaks and facilitating healthy growth throughout. These plant-based feed additives or botanicals are a natural alternative to antibiotic-free feed additives. The Asia Pacific feed phytogenics market is segmented by Ingredients (Herbs and Species, Essential Oils, and Other Ingredients), Application (Feed Intake and Digestibility, Flavoring, and Aroma, and Other Applications), Animal type (Ruminant, Poultry, Swine, Aquaculture, and Other Animal Types) and Geography (Vietnam, China, India, Japan, Australia, Thailand and Rest of Asia pacific). The report offers market size and forecasts in value (USD) and volume (Metric Tons) for all the above segments.
| Ingredients | |
| Herbs and Spices | |
| Essential Oils | |
| Other Ingredients |
| Application | |
| Feed Intake and Digestibility | |
| Flavoring and Aroma | |
| Other Applications (Stress Reduction, Energy Effectiveness, etc.) |
| Animal Type | |
| Ruminant | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Geography | |
| China | |
| India | |
| Japan | |
| Australia | |
| Rest of Asia Pacific |
Asia Pacific Feed Phytogenics Market Research FAQs
How big is the Asia Pacific Feed Phytogenics Market?
The Asia Pacific Feed Phytogenics Market size is expected to reach USD 310.5 billion in 2024 and grow at a CAGR of 7.5% to reach USD 445.76 billion by 2029.
What is the current Asia Pacific Feed Phytogenics Market size?
In 2024, the Asia Pacific Feed Phytogenics Market size is expected to reach USD 310.5 billion.
Who are the key players in Asia Pacific Feed Phytogenics Market?
Cargill, Incorporated, Archer Daniels Midland Company (ADM), Adisseo, IFF(Danisco Animal Nutrition) and DSM-Firmenich are the major companies operating in the Asia Pacific Feed Phytogenics Market.
What years does this Asia Pacific Feed Phytogenics Market cover, and what was the market size in 2023?
In 2023, the Asia Pacific Feed Phytogenics Market size was estimated at USD 287.21 billion. The report covers the Asia Pacific Feed Phytogenics Market historical market size for years: . The report also forecasts the Asia Pacific Feed Phytogenics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Feed Phytogenics Industry Report
Statistics for the 2024 Asia Pacific Feed Phytogenics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Feed Phytogenics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Asia Pacific Feed Phytogenics Market Report Snapshots
