Global essential oils & plant extracts for livestock market to reach USD XX billion by 2027. Global essential oils & plant extracts for livestock market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Essential oils and plant extracts are becoming more popular as an important animal feed ingredient because they help to improve feed quality, which has a favorable impact on animal health and performance. As a result, the quality of the food products obtained from these animals improves. Proteins, oligosaccharides, peptides, fatty acids, micro minerals, and vitamins make up the majority of plant extracts. They are usually classified as isoprene derivatives or flavonoids. Animals benefit from plant extracts including clover, cinnamon, and capsicum because they improve feed conversion rates and average daily growth. Increasing pet adoption is a prominent factor driving the Essential Oils & Plant Extracts for Livestock Market from 2020 to 2027. According to the American Society for the Prevention of Cruelty to Animals, 78 million dogs and 85.8 million cats are owned in the United States, and 3.2 million shelter animals are adopted each year. This has resulted in an increase in the expenditure on animal care items and feed, causing the market growth. Furthermore, aromatherapy helps animals with anxiety, compulsive behaviours, aggression, and medical ailments such as skin problems, arthritis, allergies, and more. Pet Releaf, the market-leading CBD hemp wellness brand for dogs, for example, introduced their highly anticipated range of CBD products intended specifically for veterinarian facilities in February 2020. Furthermore, the use of essential oils has improved the longevity of raw feed materials as well as a variety of favourable impacts on the health and performance of domestic animals. The growing concern about animal health and nutrition is expected to drive the market in the approaching years. The market for Essential Oils & Plant Extracts for Livestock is expected to grow in the future due to an increase in the use of dairy products such as milk, yoghurt, cream, butter, and cheese. Furthermore, the shift in customer preference for non-vegetarian items over vegetarian cuisine is driving up product use and demand. However, side-effects of essential oils may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global essential oils & plant extracts for livestock market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). Asia Pacific is the leading region across the world in terms of market share due to strong economic prospects of developing countries. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to strong demand for meat products across the region.
Major market player included in this report are:
Manghebati
INDIAN HERBS SPECIALITIES PVT LTD
Orffa,
Herbarom
Olmix Group
Phytosynthese,
DSM,
Kemin Industries, Inc.,
DuPont,
Biolandes,
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
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
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year -2018,2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global essential oils & plant extracts for livestock market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors