Adisseo

Questions for the future of phytogenic feed additives

12/19/2019

Author: Simon Duke, Editor, Feedinfo News Service
October 2019

 

According to a recent report from MarketsandMarkets, the global feed phytogenic feed additives market is projected to reach nearly USD 1 billion by 2023, with a CAGR of 8.8%. What is your company’s view of market growth? What about your projections for 2040?

An estimation of a CAGR of nearly 9% by 2023 seems very realistic for this type of feed additive to me. Phytogenics remains one of the core feed additive types that are accepted for their potential to support animal health and performance. As such, they benefit from the trend to invest in the animal’s gut health, thereby helping to restrict the farmer’s dependency on antibiotics as much as possible.

While a profound sales growth is expected to continue in the next decades, predicting trends beyond 2030 is more difficult. Nowadays, many feed additive types are used for similar purposes, resulting in comparable growth numbers for different product types. I believe that in the future, feed additive manufacturers and animal producers will learn more about the precise benefits and restrictions of different feed supplements, which will result in a more detailed positioning and optimized use of these products. Rather than just supplementing feed with a gut health supporting additive with the general aim to improve performance of animals, I believe that animal producers will rely on a selection of a restricted number of well-studied additives that will be applied, alone or in combination, during specific production stages or different conditions.

 

 

 

Tweets

[Engagement] In 1990, Adisseo decided to support the "Responsible Care" initiative 🌍
What's it? A #commitment by the global #chemical industry to the safe management of chemicals throughout their life cycle, which is regularly renewed 🌱
More info ➡️ https://t.co/bFoAa8FgMy https://t.co/8RdJIFNR87
Adisseo photo
Our #sales team is hiring! 👏
We are looking for a Specialties Technical Sales Manager in #UK 🇬🇧
Who wants to work with us? 😉
Check out the offer ➡️ https://t.co/5WdBimlWWL https://t.co/dK5DW6FKrY
[Replay] Ready to check out all of the popular health videos & podcasts during #transition 2022? 😉
This mini-series helps understand why #metabolic diseases peak during the transition and what contributes to their development 🙌
All our podcasts & videos: https://t.co/vG3GkKMTvm https://t.co/mDgrPSQrSu
Adisseo photo
Happy Chinese #NewYear to all of our employees, clients, partners, providers and friends 🇨🇳🎊
We send you our best thoughts for the year of the #rabbit 🐇
Welcoming new and amazing things in 2️⃣0️⃣2️⃣3️⃣ ! 🙌 https://t.co/B19XV67m8y
Adisseo photo
How do #digestibility enhancers maximize available nutrients for transition #cows? 🧐
To optimize #rumen function, stimulate #fiber digestion and improve #production, feed with Nutri®-Ferm, the unique natural fungal fermentation product 🐮
Discover it 👉 https://t.co/bAHEi7rAwU https://t.co/i3K86yYrj0
Adisseo photo
[Recruitment] Are you looking for a marketing #internship in an international company? 😉
Our collaborator S.JANSEN is looking for young talents to help him in his tasks & to develop you as a marketing specialist in Netherlands 🇳🇱
Contact him by e-mail: sven.jansen @adisseo.com 📧 https://t.co/EhN4Twafjp
Adisseo photo