Essential Oils In Animal Nutrition Market Size (2024 - 2029)

The essential oils in animal nutrition market is experiencing growth driven by the demand for high-quality animal products and the need to enhance feed consumption. The incorporation of essential oils into animal feed is gaining traction as a means to improve product quality and protect against spoilage, particularly in regions where antibiotic use is restricted. These oils are being explored as alternatives to antibiotics due to their positive effects on animal growth, gut health, and overall welfare. The increasing demand for meat and the subsequent rise in animal rearing are further contributing to the expansion of this market.

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Market Size of Essential Oils In Animal Nutrition Industry

Essential Oils In Animal Nutrition Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 7.30 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Low

Major Players

Essential Oils In Animal Nutrition Market Major Players

*Disclaimer: Major Players sorted in no particular order

Essential Oils In Animal Nutrition Market Analysis

The essential oils in animal nutrition market are projected to register a CAGR of 7.3% during the forecast period.

Consistent high-quality animal products are required to maintain consumer confidence and increased feed consumption. Enrichment of animal feed with bioactive compounds, such as essential oils, appears to improve the quality characteristics of the derived products and protect consumers against oxidation and bacterial spoilage effects. This factor is fueling the growth of essential oils in the animal nutrition market. Additionally, the restriction and the ban (for example, the European Union) on the use of antibiotics in several countries have prompted scientists and the feed industry to search for alternative products, like essential oils.

Due to their favorable effects on growth performance, intestinal microbiota, and welfare, essential oils have drawn interest as prospective replacements for antibiotics in animal diets recently. Aromatic herbs and essential oils are often claimed to improve the flavor and palatability of feed, thus, increasing voluntary feed intake and resulting in improved weight gain. These essential oils are suggested for use in animal feed, and the increase in the rearing of various animals due to the rise in demand for meat has been fuelling the growth of the market studied. According to the UN Comtrade data, EUR 1.7 billion worth of fresh, chilled, or frozen pork was imported into Italy in 2021.

Essential Oils In Animal Nutrition Industry Segmentation

Essential oils are fragrant liquids extracted under pressure or with steam from particular plants. Essential oils in animal nutrition market are segmented on the basis of type, livestock, functionality, and geography. By type, the market is segmented as lemon, orange, eucalyptus, peppermint, oregano, cinnamaldehyde, thyme, and garlic. By livestock, the market is segmented into poultry, ruminant, and swine. By functionality, the market is segmented into palatability enhancers and performance enhancers. The report also provides an analysis of the emerging and established geographical regions, by covering regions, such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).

Type
Lemon
Orange
Eucalyptus
Peppermint
Oregano
Cinnamaldehyde
Thyme
Garlic
Livestock
Poultry
Ruminant
Swine
Functionality
Palatability Enhancer
Performance Enhancer
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Italy
Russia
Spain
Rest of Europe
Asia-Pacific
India
China
Australia
Japan
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
United Arab Emirates
South Africa
Rest of Middle East and Africa
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Essential Oils In Animal Nutrition Market Size Summary

The essential oils in animal nutrition market is experiencing significant growth, driven by the increasing demand for high-quality animal products and the need for alternatives to antibiotics in animal feed. Essential oils are being recognized for their ability to enhance the quality of animal-derived products by improving feed palatability and protecting against oxidation and bacterial spoilage. This trend is further supported by the rising interest in phytogenic feed additives, which offer antimicrobial, antiviral, and antioxidant properties, contributing to improved gut health and feed efficiency. The growing demand for meat and poultry products is also fueling the market, as these oils are seen as beneficial for growth performance and animal welfare.

Europe leads the global market for essential oils in animal nutrition, with Spain playing a pivotal role due to its substantial animal feed production. The region's demand for natural ingredients is intensifying, driven by the need for stable supply and quality. The market is characterized by fragmentation, with numerous players focusing on regional expansion, innovation, and strategic partnerships to enhance their market presence. Companies like Cargill Incorporated, International Flavors & Fragrances, and Koninklijke DSM NV are actively pursuing growth through mergers and acquisitions, as well as investments in new facilities to support their expansion in key markets such as Asia.

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Essential Oils In Animal Nutrition Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Lemon

      2. 2.1.2 Orange

      3. 2.1.3 Eucalyptus

      4. 2.1.4 Peppermint

      5. 2.1.5 Oregano

      6. 2.1.6 Cinnamaldehyde

      7. 2.1.7 Thyme

      8. 2.1.8 Garlic

    2. 2.2 Livestock

      1. 2.2.1 Poultry

      2. 2.2.2 Ruminant

      3. 2.2.3 Swine

    3. 2.3 Functionality

      1. 2.3.1 Palatability Enhancer

      2. 2.3.2 Performance Enhancer

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

        4. 2.4.1.4 Rest of North America

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Russia

        6. 2.4.2.6 Spain

        7. 2.4.2.7 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 India

        2. 2.4.3.2 China

        3. 2.4.3.3 Australia

        4. 2.4.3.4 Japan

        5. 2.4.3.5 Rest of Asia-Pacific

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle East and Africa

        1. 2.4.5.1 United Arab Emirates

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle East and Africa

Essential Oils In Animal Nutrition Market Size FAQs

The Essential Oils In Animal Nutrition Market is projected to register a CAGR of 7.30% during the forecast period (2024-2029)

Cargill Incorporated, Delacon Biotechnik GmbH, Ropapharm International BV, International Flavors & Fragrances and Koninklijke DSM N.V. are the major companies operating in the Essential Oils In Animal Nutrition Market.

Essential Oils In Animal Nutrition Market Report Snapshots

Essential Oils In Animal Nutrition Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)