Essential Oils and Plant Extracts for Livestock Market: Information by Product Type (Plant Extracts), Livestock (Cattle Feed), Form, Application, Function, and Region — Forecast till 2029

Nov 25, 2020   Market Overview Essential oils and plant extracts are consistently being incorporated in the animal feed as an important ingredient. Plant extracts help in improving the quality of feed, which enhances the health performance of animals. Essential oils are highly concentrated compounds that are obtained from plants with a specific scent, which is why they are extensively used in aromatherapy. Plant extracts are enriched with proteins, peptides, vitamins, micro minerals, fatty acids, and oligosa...
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Report Description

Market Overview

Essential oils and plant extracts are consistently being incorporated in the animal feed as an important ingredient. Plant extracts help in improving the quality of feed, which enhances the health performance of animals. Essential oils are highly concentrated compounds that are obtained from plants with a specific scent, which is why they are extensively used in aromatherapy.

Plant extracts are enriched with proteins, peptides, vitamins, micro minerals, fatty acids, and oligosaccharides. The extracts, including capsicum, clover, and cinnamon, benefit animals by improving average daily gain and feed conversion rates. In addition, it is considered that feeding natural extracts to cow helps in reducing dairy farm odor and overall feed costs. Moreover, favorable government regulations, such as a ban on the use of antibiotics in the U.S. and Europe,are expected to unlock new opportunities for substitute products.

Growing Concern Regarding Animal Health and Nutrition to Propel the Market Growth

The consciousness regarding the health and wellness of the animals across the globe is rising, which is further driving the demand for the best quality fodder. Consumers are inclined towards feeding their animal’s high nutrient food, such as essential oils and plant extracts. These extracts help to cure reduced appetite and diarrhea, among others. Various diseases among animals, such as lumpy skin disease, Newcastle disease, Q fever, Brucellosis, African swine fever, Bovine Viral Diarrhea (BVD), HaemophilusSomnus, and Infectious Bovine Rhinotracheitis (IBR), are emerging as a critical issue, which is further driving the market growth.

Essential Oils and Plant Extracts for Livestock Market: Segmentation

Plant Extract Segment Holds the Largest Market Share

The plant extract segment holds the largest market share on account of its ready availability and rising awareness among consumers. Plant extracts, such as natural extracts, phytochemicals, flavors and fragrances, and spices, are a rich source of phytochemicals, which enables them to resists attacks by insects and microorganisms. These extracts offer good growth-promoting effects on animals and are consistently replacing antibiotic growth promoters in livestock.

Rising Use of Essential Oils in Aromatherapy to Drive the Segment Growth

Essential oils are obtained from plants and have several health benefits for humans and animals. These oils have therapeutic properties and are extensively used for aromatherapy to treat farm animals. However, due to lack of availability and high price, the demand for essential oils is comparatively less. Essential oils are concentrated and have more aroma than extracts, which can harm the livestock. Apart from this, the mixture of essential oils and plant extracts are used as feed additives in the fodder to improve performance in the livestock, further driving the segment growth.

Figure 1: Global Essential Oils and Plant Extracts Market Share, by Product Type, 2019 (%)

Global-Essential-Oils-and-Plant-Extracts-Market-Share-by-Product-Type-2019

Source: RM Analysis, Secondary Research

Surging Demand for Milk and Milk Products across the Globe to Drive the Adoption of Essential Oils and Plant Extracts to Increase Production

The poultry and cattle feed segments held around half of the market shares in 2019, on account of the rising population and surging demand for milk and milk products across the globe. Farmers are actively working to provide products that enhance the performance and production of milk, which is further raising the demand for essential oils and plant extracts. The poultry industry, on the other hand, is growing at a fast pace across the globe, owing to the increasing consumption of chicken in the consumer’s diet and dietary supplements. The demand for poultry products is increasing mainly from the bodybuilding and health and fitness sector, further driving the market growth.

Regional Overview

India and China to Be the Frontrunners in Asia-Pacific’s Market Growth

Asia-Pacific holds the largest market share as the region is backed by the presence of leading countries, such as India, China, and Japan, and ranks highest in livestock production. In India, the agriculture sector contributes around 70% of the country’s source of income. Moreover, Australia and New Zealand are emerging as the leading milk and dairy products producing countries. The first A2 milk company was also established in New Zealand. In addition, China leads the global meat market, and it is the largest consumer as well as producer of meat in the world, which is further driving the market growth.

Increasing Consumption of Meat Products to Drive North America’s Essential Oil and Plant Extracts Market

North America’s essential oil and plant extracts market is largely driven by the increasing consumption of meat products in the U.S. The country is the leading contributor and holds around 60% of the market share in the region. Rising animal health and wellness awareness in the region has surged the demand for high nutrition products, further driving the market growth.

Figure 2:North America Essential Oil and Plant Extracts Market Share, by Country, 2019 (%)

North-America-Essential-Oil-and-Plant-Extracts-Market-Share-by-Country-2019

Source: RM Analysis, Secondary Research

Key Players

  • Indian Herbs Specialties Pvt. Ltd.
  • Manghebati
  • Olmix S.A.
  • Orffa
  • HerbaromLaboratoire
  • Herbavita
  • Panagro Health & Nutrition
  • Provitim
  • Trouw Nutrition Hifeed BV
  • Phytosynthese
  • DSM N.V.
  • Novus International, Inc.
  • Kemin Industries, Inc.
  • IDENA SAS
  • Danisco
  • Vögele KG
  • Sensnutrition
  • LaboratoiresPhode
  • Amorvet Animal Health Pvt. Ltd.
  • Beneo GmbH

Essential Oils and Plant Extracts for Livestock Market: Segmentation

By Product Type

  • Essential Oil
  • Plant Extract

By Form

  • Liquid
  • Solid

By Function

  • Gut Health
  • Immunity
  • Yield

By Livestock

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

By Application

  • Aromatherapy
  • Phytotherapy

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • The U.K.
  • Italy
  • Spain
  • The Netherlands
  • Russia
  • The Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Singapore
  • Vietnam
  • The Rest of Asia-Pacific

Central and South America and the Caribbean

  • Brazil
  • Argentina
  • Colombia
  • The Rest of Central and South America and the Caribbean

The Middle East

  • Saudi Arabia
  • The UAE
  • Oman
  • Bahrain
  • The Rest of the Middle East

Africa

  • Nigeria
  • South Africa
  • Ghana
  • Tanzania
  • The Rest of Africa

Frequently Asked Questions (FAQs)

Growing concern regarding animal health and nutrition, rising use of essential oils in aromatherapy are the key factors expected to drive Essential Oils and Plant Extracts for Livestock Market during the forecast period.
Manghebati, Olmix S.A., Orffa, HerbaromLaboratoire, Herbavita, Panagro Health & Nutrition, Provitim, Phytosynthese, DSM N.V., Novus International are the top players in Essential Oils and Plant Extracts for Livestock Market.
Asia-Pacific is expected to hold the highest market share in Essential Oils and Plant Extracts for Livestock Market.
Plant Extract Segment is expected to be the leading segment in Essential Oils and Plant Extracts for Livestock Market during the forecast period.
We will send you an email with login credentials to access the report. You will also be able to download the pdf.
Basically, choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times and included in every purchase.

Market Overview

Essential oils and plant extracts are consistently being incorporated in the animal feed as an important ingredient. Plant extracts help in improving the quality of feed, which enhances the health performance of animals. Essential oils are highly concentrated compounds that are obtained from plants with a specific scent, which is why they are extensively used in aromatherapy.

Plant extracts are enriched with proteins, peptides, vitamins, micro minerals, fatty acids, and oligosaccharides. The extracts, including capsicum, clover, and cinnamon, benefit animals by improving average daily gain and feed conversion rates. In addition, it is considered that feeding natural extracts to cow helps in reducing dairy farm odor and overall feed costs. Moreover, favorable government regulations, such as a ban on the use of antibiotics in the U.S. and Europe,are expected to unlock new opportunities for substitute products.

Growing Concern Regarding Animal Health and Nutrition to Propel the Market Growth

The consciousness regarding the health and wellness of the animals across the globe is rising, which is further driving the demand for the best quality fodder. Consumers are inclined towards feeding their animal’s high nutrient food, such as essential oils and plant extracts. These extracts help to cure reduced appetite and diarrhea, among others. Various diseases among animals, such as lumpy skin disease, Newcastle disease, Q fever, Brucellosis, African swine fever, Bovine Viral Diarrhea (BVD), HaemophilusSomnus, and Infectious Bovine Rhinotracheitis (IBR), are emerging as a critical issue, which is further driving the market growth.

Essential Oils and Plant Extracts for Livestock Market: Segmentation

Plant Extract Segment Holds the Largest Market Share

The plant extract segment holds the largest market share on account of its ready availability and rising awareness among consumers. Plant extracts, such as natural extracts, phytochemicals, flavors and fragrances, and spices, are a rich source of phytochemicals, which enables them to resists attacks by insects and microorganisms. These extracts offer good growth-promoting effects on animals and are consistently replacing antibiotic growth promoters in livestock.

Rising Use of Essential Oils in Aromatherapy to Drive the Segment Growth

Essential oils are obtained from plants and have several health benefits for humans and animals. These oils have therapeutic properties and are extensively used for aromatherapy to treat farm animals. However, due to lack of availability and high price, the demand for essential oils is comparatively less. Essential oils are concentrated and have more aroma than extracts, which can harm the livestock. Apart from this, the mixture of essential oils and plant extracts are used as feed additives in the fodder to improve performance in the livestock, further driving the segment growth.

Figure 1: Global Essential Oils and Plant Extracts Market Share, by Product Type, 2019 (%)

Global-Essential-Oils-and-Plant-Extracts-Market-Share-by-Product-Type-2019

Source: RM Analysis, Secondary Research

Surging Demand for Milk and Milk Products across the Globe to Drive the Adoption of Essential Oils and Plant Extracts to Increase Production

The poultry and cattle feed segments held around half of the market shares in 2019, on account of the rising population and surging demand for milk and milk products across the globe. Farmers are actively working to provide products that enhance the performance and production of milk, which is further raising the demand for essential oils and plant extracts. The poultry industry, on the other hand, is growing at a fast pace across the globe, owing to the increasing consumption of chicken in the consumer’s diet and dietary supplements. The demand for poultry products is increasing mainly from the bodybuilding and health and fitness sector, further driving the market growth.

Regional Overview

India and China to Be the Frontrunners in Asia-Pacific’s Market Growth

Asia-Pacific holds the largest market share as the region is backed by the presence of leading countries, such as India, China, and Japan, and ranks highest in livestock production. In India, the agriculture sector contributes around 70% of the country’s source of income. Moreover, Australia and New Zealand are emerging as the leading milk and dairy products producing countries. The first A2 milk company was also established in New Zealand. In addition, China leads the global meat market, and it is the largest consumer as well as producer of meat in the world, which is further driving the market growth.

Increasing Consumption of Meat Products to Drive North America’s Essential Oil and Plant Extracts Market

North America’s essential oil and plant extracts market is largely driven by the increasing consumption of meat products in the U.S. The country is the leading contributor and holds around 60% of the market share in the region. Rising animal health and wellness awareness in the region has surged the demand for high nutrition products, further driving the market growth.

Figure 2:North America Essential Oil and Plant Extracts Market Share, by Country, 2019 (%)

North-America-Essential-Oil-and-Plant-Extracts-Market-Share-by-Country-2019

Source: RM Analysis, Secondary Research

Key Players

  • Indian Herbs Specialties Pvt. Ltd.
  • Manghebati
  • Olmix S.A.
  • Orffa
  • HerbaromLaboratoire
  • Herbavita
  • Panagro Health & Nutrition
  • Provitim
  • Trouw Nutrition Hifeed BV
  • Phytosynthese
  • DSM N.V.
  • Novus International, Inc.
  • Kemin Industries, Inc.
  • IDENA SAS
  • Danisco
  • Vögele KG
  • Sensnutrition
  • LaboratoiresPhode
  • Amorvet Animal Health Pvt. Ltd.
  • Beneo GmbH

Essential Oils and Plant Extracts for Livestock Market: Segmentation

By Product Type

  • Essential Oil
  • Plant Extract

By Form

  • Liquid
  • Solid

By Function

  • Gut Health
  • Immunity
  • Yield

By Livestock

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

By Application

  • Aromatherapy
  • Phytotherapy

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • The U.K.
  • Italy
  • Spain
  • The Netherlands
  • Russia
  • The Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Singapore
  • Vietnam
  • The Rest of Asia-Pacific

Central and South America and the Caribbean

  • Brazil
  • Argentina
  • Colombia
  • The Rest of Central and South America and the Caribbean

The Middle East

  • Saudi Arabia
  • The UAE
  • Oman
  • Bahrain
  • The Rest of the Middle East

Africa

  • Nigeria
  • South Africa
  • Ghana
  • Tanzania
  • The Rest of Africa

Frequently Asked Questions (FAQs)

Growing concern regarding animal health and nutrition, rising use of essential oils in aromatherapy are the key factors expected to drive Essential Oils and Plant Extracts for Livestock Market during the forecast period.
Manghebati, Olmix S.A., Orffa, HerbaromLaboratoire, Herbavita, Panagro Health & Nutrition, Provitim, Phytosynthese, DSM N.V., Novus International are the top players in Essential Oils and Plant Extracts for Livestock Market.
Asia-Pacific is expected to hold the highest market share in Essential Oils and Plant Extracts for Livestock Market.
Plant Extract Segment is expected to be the leading segment in Essential Oils and Plant Extracts for Livestock Market during the forecast period.
We will send you an email with login credentials to access the report. You will also be able to download the pdf.
Basically, choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times and included in every purchase.