Essential oil is a concentrated hydrophobic liquid that contains volatile aroma compounds extracted from plants. Essential oils, also known as ethereal oils, can be used in food flavouring and feed production; lemon and peppermint’s most well-known aromatics. For centuries, they have been used for their therapeutic properties to help with health issues such as insomnia, stress, anxiety-related digestive disorders such as irritable bowel syndrome (IBS), and even constipation
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.
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Market Analysis and Size
Consistent high-quality animal products are required to maintain consumer confidence and increase feed consumption. Enriching animal feed with bioactive compounds, such as essential oils, appears to improve the derived products’ quality characteristics and protect consumers from the effects of oxidation and bacterial spoilage.
With the winning Essential Oils in Animal Nutrition market report study, key opportunities in the market and influencing factors are provided which is useful to take the business to the highest level. By including detailed statistics and market research insights, this business report is generated which results in high growth and thriving sustainability in the market for the businesses. This all inclusive market survey report additionally encompasses predictions utilizing a practical arrangement of uncertainties and techniques. An expert team analyses and forecasts market data using well established market statistical and rational models to make the Essential Oils in Animal Nutrition report outstanding.
Competitive Landscape and Essential Oils in Animal Nutrition Market Share Analysis
The essential oils in animal nutrition market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to essential oils in animal nutrition market.
Some of the major players operating in the essential oils in animal nutrition market are:
- 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)
- Novus International (US)
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COVID-19 Impact on Essential Oils in Animal Nutrition Market
During the COVID-19 scenario, agriculture and food production have been highlighted as crucial areas. As a result, farmers have maintained to provide high-quality nourishment to farm animals in order to feed a growing number of worldwide consumers. However, the supply chain disruption has become the most significant factor affecting the essential oils in the animal nutrition market. Asia-Pacific is a major producer and exporter of animal feed micronutrients, and it stockpiled significant amounts of product during the emergence of the COVID-19 situation while businesses were closed, which was enough for 2-3 months’ supply. Furthermore, logistics issues have hampered the supply of containers and vessels and the transport of certain plant extracts.
Global Essential Oils in Animal Nutrition Market Scope
The essential oils in animal nutrition market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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The essential oils in animal nutrition market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the essential oils in animal nutrition market report are 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.
Despite the fact that China is the origin of Jiaozuo and the largest country for frozen dumpling production, Korea, Japan, and Taiwan are well-established, and Europe, America, Africa, and the Middle East have enormous potential. Despite the fact that numerous huge brands and organisations entered the market early and obtained a large portion of the overall industry in China, numerous new and upcoming little undertakings and brands are centred on specialties with more legitimate and handcrafted items.
Table of Contents:
Essential Oils in Animal Nutrition Market Research Report 2029
Chapter 1 Essential Oils in Animal Nutrition Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Essential Oils in Animal Nutrition Market Forecast
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