Feed & Additive Magazine Issue 44 September 2024

MARKET REPORT 104 FEED & ADDITIVE MAGAZINE September 2024 Phytogenic feed additives (PFAs) are natural compounds derived from plants such as fruits, vegetables, flowers, herbs and spices. These additives include essential oils, herbs and spices rich in bioactive compounds such as phenols and flavonoids. PFAs are incorporated into animal feed to improve animal health, productivity and general welfare due to their antioxidative, anti-inflammatory, antimicrobial and digestion-enhancing effects. They are emerging as a more sustainable, natural and environmentally friendly alternative to synthetic growth promoters and antibiotics. PFAs serve several main purposes in livestock nutrition. The first of these is to increase nutrient digestibility, resulting in better feed utilization and lower feed costs. By promoting beneficial gut microbiota, Phytogenic Feed Additives and Global Market Status Phytogenic feed additives (PFAs) offer a promising approach to improve animal health, performance and product quality. The PFAs market is currently driven by a combination of consumer preferences, regulatory pressures, technological advancements, and increasing demand for high-quality meat products. With a current market size of over a billion and a steady CAGR, the market is expected to continue growing in the future, reaching an average size of approximately USD 1.7 billion by 2030. By Derya Yildiz

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