Increasing Demand for Feed Phytogenics to Create Attractive Opportunities in the Oleoresins Market

The 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 rapidly growing demand for natural flavors in the food & beverage industry and the wide application of oleoresins in various other industries such as pharmaceuticals, personal care, and feed sectors are some of the key factors driving the growth of the market. 

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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.


North America accounted for the largest share in 2018 This dominance is attributed to the large scale demand for processed food in this region, which inadvertently creates a demand for oleoresins. Asian countries have traditionally been using plant-derived medicines for various applications. The oleoresins market has gained momentum, globally, at a commercial level in the last 10 to 15 years, owing to the growing instances of diseases caused by synthetic and chemical-based products. 

Furthermore, substantial investment in plant-derived nutritional & health products is expected to present promising opportunities for the growth and diversification of the Asia Pacific oleoresins market. Due to all these factors, the region is projected to grow at the highest CAGR during the forecast period.

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