Plant Extracts for Livestock Market Outlook: Industry Overview and Forecast (2024 to 2031)

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5 min read

The "Plant Extracts for Livestock Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Plant Extracts for Livestock market is expected to grow annually by 9.4% (CAGR 2024 - 2031).

This entire report is of 126 pages.

Plant Extracts for Livestock Introduction and its Market Analysis

The Plant Extracts for Livestock market research report assesses the global market conditions for plant extracts used in livestock feed additives. It identifies a target market of livestock farmers looking for natural and sustainable solutions to improve animal health and productivity. Major factors driving revenue growth include increasing demand for organic and chemical-free livestock products, as well as a growing awareness of the benefits of plant-based additives. Companies operating in the market include DSM, Manghebati, Sabinsa, Herbavita, Indian Herbs Specialties Pvt. Ltd., and Chenguang Biotech. The report's main findings highlight a strong potential for market growth and recommend increased investment in research and development to drive product innovation and market expansion.

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Plant extracts for livestock have gained popularity in recent years due to their numerous benefits in animal nutrition and health. The market for plant extracts comes in both liquid and solid forms, with applications ranging from animal feed and nutrition to animal medicine and other uses.

In terms of segmentation, plant extracts for livestock can be categorized based on their applications – including animal feed and nutrition, animal medicine, and other uses such as enhancing animal growth and improving overall animal health.

Regulatory and legal factors play a crucial role in the plant extracts market, ensuring that products meet safety and quality standards. Market conditions require manufacturers to comply with regulations governing the use of plant extracts in animal feed and medicine. This includes proper labeling, testing for contaminants, and adhering to guidelines set by regulatory bodies in order to ensure the health and well-being of livestock.

Overall, the market for plant extracts for livestock continues to grow as more research highlights the potential benefits of using natural ingredients in animal production. Regulatory compliance is essential for manufacturers to maintain consumer trust and ensure the safety of livestock.

Top Featured Companies Dominating the Global Plant Extracts for Livestock Market

The plant extracts for livestock market is highly competitive with key players such as DSM, Manghebati, Sabinsa, Herbavita, Indian Herbs Specialties Pvt. Ltd., and Chenguang Biotech leading the market. These companies offer a wide range of plant extracts that are used for various purposes in the livestock industry such as improving animal health, enhancing growth performance, and reducing the use of antibiotics.

DSM, a global company, offers a range of plant extracts that are used as feed additives in livestock feed to enhance animal performance and improve overall health. Manghebati specializes in natural plant extracts for animal health and has a strong presence in the market. Sabinsa focuses on research and development of plant-based ingredients for various industries including livestock. Herbavita offers a range of herbal extracts for livestock to improve immunity and growth performance. Indian Herbs Specialties Pvt. Ltd. is a leading Indian company that provides plant extracts for livestock to promote animal health and nutrition. Chenguang Biotech is a Chinese company that offers a wide range of plant extracts for livestock feed additives.

These companies play a crucial role in the growth of the plant extracts for livestock market by providing innovative products and solutions to address the growing demand for natural and sustainable alternatives to traditional feed additives. They also help in creating awareness about the benefits of plant extracts in livestock production and contribute to the overall growth of the market.

In terms of sales revenue, DSM reported a revenue of $ billion in 2020. Sabinsa reported a revenue of $150 million in 2020. The sales revenue of other companies such as Manghebati, Herbavita, Indian Herbs Specialties Pvt. Ltd., and Chenguang Biotech vary based on their market presence and product offerings.

  • DSM
  • Manghebati
  • Sabinsa
  • Herbavita
  • Indian Herbs Specialties Pvt. Ltd.
  • Chenguang Biotech

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Plant Extracts for Livestock Market Analysis, by Type:

  • Liquid
  • Solid

Plant extracts for livestock come in two main types: liquid and solid. Liquid extracts are easy to incorporate into water or feed, while solid extracts can be directly added to feed mixes. Both types provide essential nutrients and bioactive compounds that promote animal health, growth, and productivity. The convenience of these forms of plant extracts makes them attractive to livestock producers, boosting the demand for plant extract products in the market. With their proven benefits in improving animal performance and overall well-being, liquid and solid plant extracts are becoming increasingly popular as natural alternatives to traditional supplements in livestock production.

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Plant Extracts for Livestock Market Analysis, by Application:

  • Animal Feed and Nutrition
  • Animal Medicine
  • Others

Plant extracts are used in livestock for various purposes. In animal feed and nutrition, plant extracts are added to improve digestion, boost immunity, and enhance growth performance. In animal medicine, plant extracts are used for their antimicrobial, antiparasitic, and anti-inflammatory properties. Other applications include environmental benefits and improving animal welfare. The fastest growing application segment in terms of revenue is animal feed and nutrition, as the demand for natural and sustainable additives in livestock production continues to rise. Plant extracts for livestock are used in these applications by supplementing the animals' diets with specific plant extracts or incorporating them into medicinal products.

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Plant Extracts for Livestock Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The market for plant extracts for livestock is expected to witness significant growth in regions like North America (NA), Asia Pacific (APAC), Europe, USA, and China. Among these regions, Asia Pacific is expected to dominate the market with a market share of XX%, followed by North America and Europe. The growing demand for natural and organic products in the livestock industry, as well as the increasing focus on animal health and nutrition, are driving the market growth in these regions. The global market for plant extracts in livestock is expected to reach a market valuation of $XX billion by 2025.

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