Global Essential Oils & Plant Extracts for Livestock Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast 2023

“Global Essential Oils & Plant Extracts for Livestock Market” is a recent report produced by MarketResearch.biz. The report offers in-depth insights, revenue details, and other vital information regarding global essential oils & plant extracts for livestock. Details include revenues, year-on-year growth, volumes, trends, drivers, restraints, opportunities, and threats etc. The report also offers insightful and detailed information regarding 10 key players operating in the market, their financials, key developments, strategies and agreements, acquisitions & mergers, and market footprint. The global essential oils & plant extracts for the livestock market report have been segmented on the basis of type, application, and region.

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The global essential oils and plant extracts market for livestock is a rapidly growing industry, as more farmers and ranchers turn to natural, plant-based solutions to improve the healthcare industry and well-being of their animals. Essential oils, such as peppermint, eucalyptus, and tea tree, have been shown to have antimicrobial, anti-inflammatory, and insect-repellent properties, making them useful for treating a variety of conditions in animals. Plant extracts, such as neem and ginger, have also been used to improve the immune system, reduce stress, and promote overall health in livestock. The market is driven by increasing awareness of the benefits of natural solutions, as well as the growing demand for organic and sustainable farming practices.

Overview:

Various benefits of essential oils and plant extracts include improved gut health of animals and other livestock, boosts immunity, and increased yield. Besides the various benefits, essential oils and plant extracts are administered to support animal health. They are used to provide nutrition and organic minerals and ensure easy breakdown of proteins to increase muscle volume in ruminants, chickens, and pigs. Plant extracts and phytochemicals are known to aid in the regulation of how livestock consumes food and consumption-related patterns, and also improve intake and digestion. Essential oils contain minute amounts of minerals, vitamins, and other beneficial components. These oils are volatile organic compounds (VOC), and their immunomodulation potential and ability to reduce inflammation and swelling make them ideal for a range of applications. Demand for botanical extracts and herbs for application as animal feed additives has been increasing owing to reducing use of antibiotics and growth promoters, and restrictions on use of dietary antimicrobial agents.

Dynamics:

Essential oils and plant extracts can be used for skin care treatment, wound treatment, swelling reduction, etc. Essential oils and plant extracts are beneficial for maintaining good animal health. Plant extracts primarily consist of proteins, fatty acids, micro minerals, oligosaccharides, peptides, and vitamins, and typically belong to the classes of isoprene derivatives and flavonoids. Extracts of clover, cinnamon, and capsicum offer a number of benefits to animals such as improving feed conversion rates and average daily gain. Feeding cows natural extracts are known to reduce overall feed costs as well as dairy farm odor.

Regional Analysis:

The market in North America is expected to register significant growth as a result of countries in the region having vast meat consumer base. The market in the Asia Pacific is expected to account for a significantly high share in terms of revenue in the global market, owing to the growing population and rising demand for poultry meat among consumers in countries in the region. China is the leader in the global meat market in terms of largest producer and consumer of meat. Consumption of meat in Japan and India for high-quality animal by-products is also considerably high. As a result, use of feed supplements is relatively high to cater to producing the required quality and meet growing demand.

Global Essential Oils & Plant Extracts for Livestock Market Segmentation:

Global Essential Oils & Plant Extracts for Livestock Market Segmentation, by applications:

• Aromatherapy
• Phytotherapy

Global Essential Oils & Plant Extracts for Livestock Market Segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa