Market Overview:
The global 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% during the forecast period. The market growth can be attributed to the increasing demand for plant extracts from the animal feed and nutrition sector. On the basis of type, the liquid segment is expected to account for a larger share of the global market in 2018. This can be attributed to their easy availability and low cost as compared to solid plant extracts. However, on account of their high nutritional value, solid plant extracts are expected to register a higher CAGR over the forecast period. On the basis of application, animal feed and nutrition is anticipated to hold a dominant position in terms of revenue contribution throughoutthe forecast period followed by animal medicine . The growing demand for premium quality meat products has led manufacturers across globe focus on improving livestock health which in turn is boosting demand for animal feed supplements fortified with plant extracts . Region-wise, North America dominatesthe global market followed by Europeand Asia Pacific .
Product Definition:
Plant extracts are substances derived from plants. They can be used as natural remedies, flavorings, or fragrances. Plant extracts are important for livestock because they can help improve their health and well-being. Some plant extracts have been shown to boost the immune system, reduce inflammation, and improve digestion. Others have been found to be effective against parasites and other pests that can harm livestock.
Liquid:
Liquid is a natural resource that can be extracted from plants and used as feed for animals. It has been known to improve the health of livestock by reducing the occurrences of various diseases, improving weight gains, and increasing milk production. The most common way to obtain liquid is through rain or irrigation water.
Solid:
Solid is a form of feed supplement which helps in maintaining the health and well-being of livestock. It has various benefits such as it provides essential nutrients, improves immunity, enhances digestion and absorption capabilities along with providing energy to the body. Solid also aids in preventing diseases caused due to nutritional deficiencies.
Application Insights:
Animal feed and nutrition was the largest application segment in 2017. The increasing demand for animal feed products, owing to rising population and rapid urbanization is expected to drive the market over the forecast period. Animal nutrition plays a significant role in improving livestock performance by providing essential nutrients required by animals such as carbohydrates, proteins, fats acids and minerals.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing meat consumption in these countries coupled with rising livestock population has led to an increase in demand for animal feed supplements across Asia Pacific region.
The growing livestock population has also resulted in a rise of various diseases among animals which requires treatment through veterinary drugs. This factor will further boost the demand for plant extracts used as animal medicine across this region during the forecast period.
In North America market growth can be attributed primarily to U.S.
Growth Factors:
- Increasing demand for organic meat and dairy products: The global market for organic meat and dairy is projected to grow at a CAGR of more than 10% from 2016 to 2021. This growth can be attributed to the increasing awareness among consumers about the health benefits of consuming organic food products.
- Rising demand for plant-based proteins: The global market for plant-based proteins is projected to grow at a CAGR of more than 15% from 2016 to 2021. This growth can be attributed to the increasing awareness among consumers about the health benefits of consuming plant-based proteins over animal-based proteins.
- Growing demand for functional foods: The global market for functional foods is projected to grow at a CAGR of more than 8% from 2016 to 2021. This growth can be attributed to the increasing awareness among consumers about the health benefits of consuming functional foods over conventional foods.
- Rising consumer preference for natural ingredients: The global market for natural ingredients is projectedto grow at a CAGRof morethan 12%from2016to2021 .Thisgrowthcanbeattributedtothewidespreadconsumerpreferencefornaturalingredientsinfoodproductsduetotheirhealthandenvironmentalbenefits . 5) Technological advancements in extraction processes: Technological advancements in extraction processes are helping manufacturers develop new and innovative plant extracts that offer better performance and functionality compared with traditional extracts
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant Extracts for Livestock Market Research Report
By Type
Liquid, Solid
By Application
Animal Feed and Nutrition, Animal Medicine, Others
By Companies
DSM, Manghebati, Sabinsa, Herbavita, Indian Herbs Specialties Pvt. Ltd., Chenguang Biotech, DSM
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Plant Extracts for Livestock Market Report Segments:
The global Plant Extracts for Livestock market is segmented on the basis of:
Types
Liquid, Solid
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
Animal Feed and Nutrition, Animal Medicine, 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:
- DSM
- Manghebati
- Sabinsa
- Herbavita
- Indian Herbs Specialties Pvt. Ltd.
- Chenguang Biotech
- DSM
Highlights of The 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:
- Liquid
- Solid
- By Application:
- Animal Feed and Nutrition
- Animal Medicine
- 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 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?
Plant extracts are a type of feed supplement that can be used to improve the health and performance of livestock. They are made from plant-based ingredients, such as herbs, spices, and fruits, which have been ground up and mixed with water or oil to create a slurry.
Some of the major players in the plant extracts for livestock market are DSM, Manghebati, Sabinsa, Herbavita, Indian Herbs Specialties Pvt. Ltd., Chenguang Biotech, DSM.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 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 Plant Extracts for Livestock Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 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 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 Plant Extracts for Livestock Market Size & Forecast, 2018-2028 4.5.1 Plant Extracts for Livestock Market Size and Y-o-Y Growth 4.5.2 Plant Extracts for Livestock Market Absolute $ Opportunity
Chapter 5 Global 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 Plant Extracts for Livestock Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Solid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Plant Extracts for Livestock Market Size Forecast by Applications
6.2.1 Animal Feed and Nutrition
6.2.2 Animal Medicine
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Plant Extracts for Livestock Analysis and Forecast
9.1 Introduction
9.2 North America 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 Plant Extracts for Livestock Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Solid
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 Plant Extracts for Livestock Market Size Forecast by Applications
9.10.1 Animal Feed and Nutrition
9.10.2 Animal Medicine
9.10.3 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 Plant Extracts for Livestock Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Plant Extracts for Livestock Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Solid
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 Plant Extracts for Livestock Market Size Forecast by Applications
10.10.1 Animal Feed and Nutrition
10.10.2 Animal Medicine
10.10.3 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 Plant Extracts for Livestock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Plant Extracts for Livestock Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Solid
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 Plant Extracts for Livestock Market Size Forecast by Applications
11.10.1 Animal Feed and Nutrition
11.10.2 Animal Medicine
11.10.3 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 Plant Extracts for Livestock Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Plant Extracts for Livestock Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Solid
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 Plant Extracts for Livestock Market Size Forecast by Applications
12.10.1 Animal Feed and Nutrition
12.10.2 Animal Medicine
12.10.3 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) Plant Extracts for Livestock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Plant Extracts for Livestock Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Solid
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) Plant Extracts for Livestock Market Size Forecast by Applications
13.10.1 Animal Feed and Nutrition
13.10.2 Animal Medicine
13.10.3 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 Plant Extracts for Livestock Market: Competitive Dashboard
14.2 Global Plant Extracts for Livestock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DSM
14.3.2 Manghebati
14.3.3 Sabinsa
14.3.4 Herbavita
14.3.5 Indian Herbs Specialties Pvt. Ltd.
14.3.6 Chenguang Biotech
14.3.7 DSM