Essential Oils in Animal Nutrition Market Size, Industry Share Forecast
"The global Essential Oils in Animal Nutrition Market survey report endows with the basic information about industry, definition, classification, application, industry chain structure, industry overview and international market analysis. This industry analysis report explains market analysis based on regional, local as well as global level. The research studies of this market document helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share. It is a comprehensive and proficient Essential Oils in Animal Nutrition Market report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis.
The wide ranging Essential Oils in Animal Nutrition Market report offers meticulous investigation of current scenario of the global market, which considers numerous market dynamics. Analytical study of this market document helps in mapping growth strategies to increase sales and build brand image in the market. Few of the major topics covered here can be named as market definition, market segmentation, competitive analysis and research methodology. Taking up such market research report is all the time beneficial for any company, whether it is a small scale or large scale, for marketing of products or services. The large scale Essential Oils in Animal Nutrition Market report looks for opportunities in the new geographical market.
Data Bridge Market Research analyses that the essential oils in animal nutrition market was valued at USD 0.47 billion in 2020 and is expected to reach the value of USD 0.90 billion by 2029, at a CAGR of 8.4% during the forecast period of 2022-2029.
Explore Further Details about This Research Essential Oils in Animal Nutrition Market Report databridgemarketresearch.com/reports/global..
Report scope and market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2014 - 2019) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Type (Lemon, Orange, Garlic, Peppermint, Eucalyptus, Oregano, Thyme, Cinna aldehyde, Other), By Application (Poultry, Swine, Ruminant, Other) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered | Cargill Incorporated (US), ADM (US), Dupont (US), Evonik (Germany), BASF SE(Germany), DSM (Netherlands), Ajinomoto Co., Inc. (Japan), Novozymes (Denmark), Chr. Hansen Holding A/S (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (US), Adisseo (France), Alltech (US), Palital Feed Additives B.V. (Netherlands), Global Nutrition International (France), Centafarm SRL (Italy), Bentoli (US), NUQO Feed Additives (France), and Novus International (US) |
Opportunities | Rise in favourable rules and regulatory scenarioIncrease in population, increase in disposable income and rise in demand for animal by productsAn increase in market research and development activities, as well as technological advancements and modernization in production techniques |
Essential Oils in Animal Nutrition Market Dynamics
Drivers
- Rising adoption of plant based feed additives
PFA has antimicrobial, antiviral, and anti-oxidant properties, resulting in less pathogenic bacteria and a more balanced gut microflora and improved feed efficiency, which is a serious concern in the livestock industry. The inclusion of phytogenic feed additives (PFAs) in livestock feed is expected to significantly boost market growth. The increased consumer demands for poultry products as well as the increased emphasis on improving poultry health are expected to drive the market for phytogenic feed additives. Furthermore, the increasing fortification of photogenic in bovine feed to add flavour and induce high feed intake for growth and reproductive performance is expected to benefit the market.
- Benefits and properties offered by usage of essential oils
Over the forecast period, the market is expected to be driven by the various benefits and properties of essential oils, such as improved gut health, increased immunity, and increased yield. Aside from these advantages, essential oils and plant extracts are used to benefit animal health by providing nutrition and organic minerals and improving protein breakdown to increase muscle density in ruminants, poultry, and swine.
Furthermore, technological advancements and the development of new formulation recipes are expected to boost demand in the coming years. Increased supplementation programme adoption and the need to maximise net returns by using available roughages inefficiently are likely to drive up demand for liquid supplements in ruminants.
Opportunity
Rise in favourable rules and regulatory scenarios is the major driver escalating market growth; also, increase in population, increase in disposable income, and rise in demand for animal by products are the major factors driving the essential oils in animal nutrition market growth. Furthermore, an increase in market research and development activities and technological advancements and modernization in production techniques will create new opportunities for essential oils in animal nutrition market manufacturers during the forecast period.
How Essential Oils in Animal Nutrition Market Report Would Be Beneficial?
Anyone who are directly or indirectly connected in value chain of Essential Oils in Animal Nutrition Market industry and needs to have Know-How of market trends
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Why choose Data Bridge Market Research?
Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provides clients with the top notch Essential Oils in Animal Nutrition Market research report.
Interaction with research scientists and development heads to understand the nature of the Essential Oils in Animal Nutrition Market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Essential Oils in Animal Nutrition Market size
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