Essential Oils & Plant Extract For Livestock Market Drivers, Industry Survey and Business Development Analysis till 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.

  • Aquafeed Market - The global aquafeed market was valued at USD 69.17 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2030. 
  • 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. 

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
    • Central & South America
    • Middle East & Africa (MEA)

Key Companies profiled:

Some prominent players in the global Essential Oils & Plant Extract For Livestock market include

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

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

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