Essential Oils & Plant Extract For Livestock Market Size Analysis 2022 - 2030

 Essential Oils & Plant Extract For Livestock Industry Overview

The global essential oils & plant extract for livestock market size were valued at USD 2.62 billion in 2021 and are anticipated to witness a compound annual growth rate (CAGR) of 7.3% from 2022 to 2030. The demand for the product is anticipated to be driven by its wide usability as a catalyst that helps in preventing various diseases as well as improving the feed digestion, vitamin intake, and rate of weight gain.

The global essential oils & plant extracts for the livestock market are highly competitive owing to the presence of a number of market participants globally. These companies compete with each other to gain a competitive advantage based on product innovation, raw material procurement, nutritional value, advertising & promotion, convenience, and prices. Manghebati SAS, Indian Herb Specialties Pvt.Ltd., and Olmix S.A., among others, are some of the major manufacturers in the marketplace.

Gather more insights about the market drivers, restrains and growth of the Global Essential Oils & Plant Extract For Livestock market

 

The supportive regulatory scenario, which bans the use of antibiotics in the U.S. and a few countries in Europe, is expected to open growth opportunities for replacement products such as amino acids, acidifiers, enzymes as well as natural or herbal extracts including essential oils as growth enhancers in the global market. This has benefitted market growth in the past years and the trend is expected to continue in the coming years. Plant extracts mainly comprise vitamins, micro minerals, fatty acids, peptides, oligosaccharides, and proteins. They generally belong to the classes of derivatives of flavonoids and isoprene. Plant extracts such as capsicum, cinnamon, and clover benefit animals in terms of average daily gain, and improved feed conversion rates. Moreover, feeding natural extracts to cows is known to restrict dairy farm odors and the overall feed costs.

Popular essential oils include spearmint, lime, cloverleaf, lemon, peppermint, citronella, eucalyptus, mint, corn, and orange. Hence, the production of these oils is subject to the respective raw materials. The choice of essential oils and plant extracts to be used depends on livestock manufacturers. The choice mainly is based on the intended animal diet, type of livestock, and applications.


Browse through Grand View Research's Animal Feed and Feed Additives Industry Research Reports.

  • Amino Acids Market - The global amino acids market size was valued at USD 28.32 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030. This is attributable to increased consumer spending capacity and growing awareness among individuals regarding healthy lifestyles and preventive care.

 

  • Animal Feed Organic Trace Minerals Market - The global animal feed organic trace minerals market size was valued at USD 474.1 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.6% from 2022 to 2030. The market growth is attributed to the increasing demand for animal feed. The rise in the consumption of animal feed-based products has caused a rapid rise in the global demand for organic trace minerals.

 

Essential Oils & Plant Extract For Livestock Market Segmentation

Grand View Research has segmented the global essential oils & plant extract for livestock market report based on product, form, function, livestock, and region:

Essential Oils & Plant Extract For Livestock Product Type Outlook (Revenue, USD Million; 2018 - 2030)

  • Essential Oils
  • Plant Extracts

Essential Oils & Plant Extract For Livestock Form Outlook (Revenue, USD Million; 2018 - 2030)

  • Liquid
  • Solid

Essential Oils & Plant Extract For Livestock Function Outlook (Revenue, USD Million; 2018 - 2030)

  • Gut Health
  • Immunity
  • Yields
  • Others

Essential Oils & Plant Extract For Livestock Outlook (Revenue, USD Million; 2018 - 2030)

  • Cattle Feed
  • Poultry Feed
  • Swine Feed
  • Aquatic Feed
  • Others

Essential Oils & Plant Extract For Livestock Regional Outlook (Revenue, USD Million; 2018 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)


Key Companies profiled:

Some prominent players in the global essential oils & plant extracts for livestock market include:

  • IDENA SAS
  • Kemin Industries, Inc.
  • Novus International, Inc.
  • DSM N.V.
  • Trouw Nutrition Hifeed BV
  • Phytosynthese
  • Provitim
  • Panagro Health & Nutrition
  • Olmix S.A.
  • Herbarom Laboratoire
  • Herbavita
  • Orffa
  • Indian Herbs Specialties Pvt. Ltd.
  • Danisco
  • Manghebati
  • BENEO GmbH
  • Amorvet Animal Health Pvt. Ltd.
  • Laboratoires Phode
  • Sensnutrition
  • Delacon Biotechnik GmbH
  • Vogele KG


Order a free sample PDF of the Essential Oils & Plant Extract For Livestock Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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