Essential Oils in Animal Nutrition Market Size, Share, Trends & Forecast

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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.

"An all-inclusive Essential Oils in Animal Nutrition Market survey report makes available the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios. The report also recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the market. The report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Further, Essential Oils in Animal Nutrition Market document also reviews key players, major collaborations, mergers & acquisitions along with trending innovation and business policies.

It has been assured that Essential Oils in Animal Nutrition Market business report gives absolute knowledge and insights to the clients about the new regulatory environment which suits to their organization. The finest and excellent market report gets generated only if the major market factors are part of the report. Moreover, this excellent market report also provides strategic profiling of top players in the Essential Oils in Animal Nutrition Market industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. Essential Oils in Animal Nutrition Market research report is a resource for getting current as well as upcoming technical and financial details of the industry to 2030.

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 https://www.databridgemarketresearch.com/reports/global-essential-oils-in-animal-nutrition-market

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 scenario
  • Increase in population, increase in disposable income and rise in demand for animal by products
  • An 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.

 

Report Investment: Know the Pros

  • Besides assessing real time developments and triggers, this section of the report also presents notable past highlights that accelerated growth in this Essential Oils in Animal Nutrition Market
  • A well scouted presentation of all the crucial segments that collectively harness maximum profit building in global Essential Oils in Animal Nutrition Market
  • A detailed account of crucial Essential Oils in Animal Nutrition Market developments, potential investment bays as well as evaluation of successful business decisions that guide profitable business outcome
  • A clear depiction of Essential Oils in Animal Nutrition Market specific dynamics, competitor analysis as well as gauging competition intensity

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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