Market Overview:
The global essential oils and plant extracts for livestock market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for natural feed additives from the livestock industry. Essential oils are extracted from aromatic plants and are used as flavorings or fragrances in food, cosmetics, and other products. Plant extracts are obtained from the leaves, flowers, fruits, bark or roots of plants using various extraction methods such as solvent extraction, supercritical fluid extraction (SFE), microwave assisted extraction (MAE), etc. They are used as ingredients in dietary supplements, pharmaceuticals & nutraceuticals products and animal feed additives.
Product Definition:
Essential oils and plant extracts are used in livestock production for a variety of reasons, including to improve animal health and productivity, as well as to produce safe and high-quality foods. Essential oils are volatile liquids that are extracted from plants. They contain natural compounds that can provide a range of benefits to animals, including improved immune function, better digestion, reduced stress levels, and increased reproductive rates. Plant extracts are non-volatile substances that are derived from plants.
Essential Oil:
Essential oils and plant extracts are increasingly being used in the animal feed industry. These products have a wide range of applications such as improving digestion, enhancing immunity, reducing inflammation & infection risk and providing overall health benefits to animals. Growing consumer awareness regarding the use of natural ingredients for livestock has led to increased demand for essential oils & plant extracts in animal feed additives over the past few years.
Plant Extract:
Plant extract and it's usage in essential oils and plant extracts for livestock is a booming market. The demand for natural products has increased over the past few years due to growing awareness among consumers regarding synthetic drugs. Growing consumer preference towards natural products has led to an increase in R&D activities by manufacturers across the globe, which is expected to boost market growth over the forecast period.
Application Insights:
Cattle feed was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Essential oils and plant extracts are majorly used for their anthelmintic, antioxidant, antimicrobial, antidiabetic, anti-inflammatory and sedative properties in cattle feed. The rising importance of these nutrients in developed countries such as U.S., Canada & Mexico on account of high meat consumption is expected to drive demand for essential oil and plant extract additives over the forecast period.
Poultry feed was one of the fastest growing segments owing to increasing poultry farming activities across various regions including Asia Pacific, Latin America.
Regional Analysis:
Asia Pacific was the largest market for essential oils and plant extracts for livestock in 2016, accounting for a share of more than 30.0%. The region is expected to witness significant growth over the forecast period owing to rising meat consumption in countries, such as China and India. In addition, increasing population along with rising disposable income levels will drive demand further.
The Middle East & Africa is anticipated to be one of the fastest-growing markets from 2017 to 2030 due to rapid expansion of animal feed manufacturing facilities in countries including Saudi Arabia and UAE. These factors are projected to boost demand over the coming years. For instance, according North America Livestock Feed Industry Association (NALFIA), U.S., there were about 1 million cattle feedlots operating at any given time during 2015-2016 while Canada had about 0 billion tons of finished cattle inventory on hand at any point during 2015-2016; these statistics highlight industry size potential growth opportunity (Source: Food Safety Magazine).
Growth Factors:
- Increasing demand for organic livestock products: The global market for organic livestock products is projected to grow at a CAGR of more than 7% from 2016 to 2021. This growth can be attributed to the increasing awareness among consumers about the health benefits of consuming organic meat and dairy products.
- Rising demand for functional foods: There is a growing demand for functional foods, which are those that offer additional health benefits beyond basic nutrition. Essential oils and plant extracts are being increasingly used in functional foods as ingredients due to their antioxidant and anti-inflammatory properties.
- Growing popularity of herbal supplements: Herbal supplements are becoming increasingly popular as an alternative to conventional medications, owing to their perceived safety and lack of side effects. Essential oils and plant extracts are being widely used in herbal supplements due to their therapeutic properties.
- Increasing use in animal feed: Essential oils and plant extracts are being increasingly used in animal feed as additives or ingredients, owing to their nutritional value and beneficial effects on livestock health.. This is expected to drive the growth of the global market for essential oils and plant extracts for livestock during the forecast period.. 5) Technological advancements: The development of new extraction methods has ledto an increasein the availabilityof high-qualityessentialoilsandplantextractsforlivestockmarketuse
Scope Of The Report
Report Attributes
Report Details
Report Title
Essential Oils and Plant Extracts for Livestock Market Research Report
By Type
Essential Oil, Plant Extract
By Application
Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Others
By Companies
Manghebati SAS, Olmix S.A., Trouw Nutrition, DuPont Danisco Animal Nutrition, Orffa, Herbavita, Kemin Industries, Herbarium Laboratories
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Essential Oils and Plant Extracts for Livestock Market Report Segments:
The global Essential Oils and Plant Extracts for Livestock market is segmented on the basis of:
Types
Essential Oil, Plant Extract
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Manghebati SAS
- Olmix S.A.
- Trouw Nutrition
- DuPont Danisco Animal Nutrition
- Orffa
- Herbavita
- Kemin Industries
- Herbarium Laboratories
Highlights of The Essential Oils and Plant Extracts for Livestock Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Essential Oil
- Plant Extract
- By Application:
- Cattle Feed
- Poultry Feed
- Swine Feed
- Aquatic Feed
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Essential Oils and Plant Extracts for Livestock Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Essential oils and plant extracts are natural substances that come from plants. They are used in livestock production to improve health and well-being, as well as to control pests and diseases.
Some of the major players in the essential oils and plant extracts for livestock market are Manghebati SAS, Olmix S.A., Trouw Nutrition, DuPont Danisco Animal Nutrition, Orffa, Herbavita, Kemin Industries, Herbarium Laboratories.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Essential Oils and Plant Extracts for Livestock Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Essential Oils and Plant Extracts for Livestock Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Essential Oils and Plant Extracts for Livestock Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Essential Oils and Plant Extracts for Livestock Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Essential Oils and Plant Extracts for Livestock Market Size & Forecast, 2018-2028 4.5.1 Essential Oils and Plant Extracts for Livestock Market Size and Y-o-Y Growth 4.5.2 Essential Oils and Plant Extracts for Livestock Market Absolute $ Opportunity
Chapter 5 Global Essential Oils and Plant Extracts for Livestock Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Essential Oils and Plant Extracts for Livestock Market Size Forecast by Type
5.2.1 Essential Oil
5.2.2 Plant Extract
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Essential Oils and Plant Extracts for Livestock Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Essential Oils and Plant Extracts for Livestock Market Size Forecast by Applications
6.2.1 Cattle Feed
6.2.2 Poultry Feed
6.2.3 Swine Feed
6.2.4 Aquatic Feed
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Essential Oils and Plant Extracts for Livestock Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Essential Oils and Plant Extracts for Livestock Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Essential Oils and Plant Extracts for Livestock Analysis and Forecast
9.1 Introduction
9.2 North America Essential Oils and Plant Extracts for Livestock Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Essential Oils and Plant Extracts for Livestock Market Size Forecast by Type
9.6.1 Essential Oil
9.6.2 Plant Extract
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Essential Oils and Plant Extracts for Livestock Market Size Forecast by Applications
9.10.1 Cattle Feed
9.10.2 Poultry Feed
9.10.3 Swine Feed
9.10.4 Aquatic Feed
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Essential Oils and Plant Extracts for Livestock Analysis and Forecast
10.1 Introduction
10.2 Europe Essential Oils and Plant Extracts for Livestock Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Essential Oils and Plant Extracts for Livestock Market Size Forecast by Type
10.6.1 Essential Oil
10.6.2 Plant Extract
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Essential Oils and Plant Extracts for Livestock Market Size Forecast by Applications
10.10.1 Cattle Feed
10.10.2 Poultry Feed
10.10.3 Swine Feed
10.10.4 Aquatic Feed
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Essential Oils and Plant Extracts for Livestock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Essential Oils and Plant Extracts for Livestock Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Essential Oils and Plant Extracts for Livestock Market Size Forecast by Type
11.6.1 Essential Oil
11.6.2 Plant Extract
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Essential Oils and Plant Extracts for Livestock Market Size Forecast by Applications
11.10.1 Cattle Feed
11.10.2 Poultry Feed
11.10.3 Swine Feed
11.10.4 Aquatic Feed
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Essential Oils and Plant Extracts for Livestock Analysis and Forecast
12.1 Introduction
12.2 Latin America Essential Oils and Plant Extracts for Livestock Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Essential Oils and Plant Extracts for Livestock Market Size Forecast by Type
12.6.1 Essential Oil
12.6.2 Plant Extract
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Essential Oils and Plant Extracts for Livestock Market Size Forecast by Applications
12.10.1 Cattle Feed
12.10.2 Poultry Feed
12.10.3 Swine Feed
12.10.4 Aquatic Feed
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Essential Oils and Plant Extracts for Livestock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Essential Oils and Plant Extracts for Livestock Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Essential Oils and Plant Extracts for Livestock Market Size Forecast by Type
13.6.1 Essential Oil
13.6.2 Plant Extract
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Essential Oils and Plant Extracts for Livestock Market Size Forecast by Applications
13.10.1 Cattle Feed
13.10.2 Poultry Feed
13.10.3 Swine Feed
13.10.4 Aquatic Feed
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Essential Oils and Plant Extracts for Livestock Market: Competitive Dashboard
14.2 Global Essential Oils and Plant Extracts for Livestock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Manghebati SAS
14.3.2 Olmix S.A.
14.3.3 Trouw Nutrition
14.3.4 DuPont Danisco Animal Nutrition
14.3.5 Orffa
14.3.6 Herbavita
14.3.7 Kemin Industries
14.3.8 Herbarium Laboratories