Growing concerns regarding livestock health and nutrition are expected to be a key factor driving demand for essential oils and plant extracts in livestock feed additives. The Global Essential Oils & Plant Extracts for Livestock Market size is expected to reach USD 3.31 billion by 2025 at a 6.4% CAGR over the forecast period, according to a new report by Grand View Research, Inc.
Essential oils are volatile organic compounds (VOC) with a delicate balance of beneficial vitamins, minerals, and other components. Immunomodulation potential of various essential oils, along with their anti-inflammatory properties, are expected to drive their demand in the livestock sector over the forecast period.
Botanical extracts and herbs are gaining preference as animal feed additives owing to a reduction in the use of antibiotic growth promoters and ban on dietary antimicrobial agents. Plant extracts and phytochemicals influence food consumption patterns, total feed intake, and secretion of digestive fluids and enzymes.
Various benefits and properties of essential oils and plant extracts, including improvement of gut health, boosting immunity, and increasing yield, are expected to drive the market over the forecast period. Apart from these benefits, essential oils and plant extracts are used to support animal health by providing nutrition and organic minerals and improving protein breakdown to increase muscle density in ruminants, poultry, and swine.
Furthermore, technological breakthroughs, along with invention of new formulation recipes, are anticipated to bolster demand in the coming years. Increasing adoption of supplementation programs and need to maximize net returns by using available roughages inefficient manner are likely to increase demand for liquid supplements in ruminants.
To Know More About Essential Oils & Plant Extracts for Livestock Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/essential-oils-plant-extracts-for-livestock-market
Top Players of Essential Oils & Plant Extracts for Livestock Market:
Some of the key players in the market are Manghebati SAS, Olmix S.A., Trouw Nutrition, and Danisco (DuPont Danisco Animal Nutrition), Orffa, Herbavita, Kemin Industries, and Herbarium Laboratories.
Market Segmentation of Essential Oils & Plant Extracts for Livestock Market:
The Global Essential Oils & Plant Extracts for Livestock Market segmented on the basis of Product, Form, Function, Livestock, Application, and Region.
By Product:
Essential Oil
Plant Extract
By Form:
Liquid
Solid
By Livestock:
Gut Health
Immunity
Yield
By Application:
Cattle Feed
Dairy
Meat
Poultry Feed
Swine Feed
Aquatic Feed
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