Phytogenics Market
The market for Phytogenics was estimated at $2.5 billion in 2024; it is anticipated to increase to $3.5 billion by 2030, with projections indicating growth to around $4.7 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Phytogenics Market Outlook
Revenue, 2024
$2.5B
Forecast, 2034
$4.5B
CAGR, 2025 - 2034
6%
The Phytogenics industry revenue is expected to be around $2.7 billion in 2025 and expected to showcase growth with 6% CAGR between 2025 and 2034.
Phytogenics stand out for being an eco friendly solution that is biodegradable and beneficial for the environment as well as livestock health and productivity, by utilizing essential oils and plant extracts with antimicrobial and antioxidant properties.
Market Key Insights
- The Phytogenics market is projected to grow from $2.5 billion in 2024 to $4.5 billion in 2034. This represents a CAGR of 6%, reflecting rising demand across Animal Nutrition Optimization, Enhancement of Food Flavor and Preservation and Greenhouse Gas Emission Reduction.
- Delacon Biotechnik GmbH, Biomin Holding GmbH, Nor-Feed SAS are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Phytogenics market and are expected to observe the growth CAGR of 3.9% to 5.8% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 6.9% to 8.3%.
- Transition like Shift Towards Organic Farming has greater influence in United States and Germany market's value chain; and is expected to add $95 million of additional value to Phytogenics industry revenue by 2030.
- The Phytogenics market is set to add $2.0 billion between 2024 and 2034, with manufacturer targeting Poultry & Swine Application projected to gain a larger market share.
- With Rising demand for natural feed additives, and Increasing consumer awareness of health and wellness, Phytogenics market to expand 79% between 2024 and 2034.