Increase in demand for feed phytogenics to drive the oleoresins market growth

The global oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. The rising trend of using natural flavors in processed food and an increasing number of QSRs have led to a surge in demand for oleoresins. The rise in awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts has significantly driven the growth of the market.


Livestock require adequate nutrition and care for optimum growth and development; with the increase in awareness in terms of food safety, growing concerns about livestock health, and focus on increasing the feed intake, and greater resistance to the use of antibiotics in feed are some of the major factors that make oleoresins preferred ingredients in livestock nutrition.


Feed phytogenics or plant-based feed phytogenics such as herbs, essential oils, and oleoresins are a group of natural ingredients used in animal nutrition. They play an essential role in providing balanced nutrition to livestock. The rise in demand for various animal products such as eggs and meat are the major driving factors for the oleoresins market. To ensure that animals receive enough nutrition for better growth and development and, ultimately, good quality animal products, growers feed them with various products that increase their performance and productivity. The inclusion of feed phytogenics differs by livestock, depending upon their nutrient requirements and feed intake.


Key Market Players are

Synthite Industries Pvt. Ltd. (India), Givaudan (Switzerland), Akay Group Ltd. (India), Kancor Ingredients (India), Kalsec Inc. (US), and Plant Lipids (India).

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