Categories: Oil & Gas

Essential Oils & Plant Extract For Livestock Market 2024-2033: Technological Advancements, Competitive Landscape and Strategies | Kemin Industries Inc., Phytosynthese, Provitim, Olmix S.A., Herbarom Laboratoire, Givaudan, Symrise AG

The essential oils & plant extract for livestock global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Essential Oils & Plant Extract For Livestock  Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The essential oils & plant extract for livestock market size has grown strongly in recent years. It will grow from $3.27  billion in 2023 to $3.51  billion in 2024 at a compound annual growth rate (CAGR) of 7.2%.  The  growth in the historic period can be attributed to traditional and cultural consumption, plant-based protein demand, crop rotation practices, animal feed industry, global trade and export.

The essential oils & plant extract for livestock market size is expected to see strong growth in the next few years. It will grow to $4.71  billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.  The growth in the forecast period can be attributed to sustainable agriculture, functional food applications, global food security, alternative protein sources, climate change resilience. Major trends in the forecast period include meat alternatives, allergen-free and gluten-free foods, innovations in food processing, clean label products, technological advancement .

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Scope Of Essential Oils & Plant Extract For Livestock  Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Essential Oils & Plant Extract For Livestock  Market Overview

Market Drivers –
The surging demand for livestock products is driving the growth of the essential oils & plant extract for livestock market. Increasing shift in consumption patterns among individuals across the globe, rapid growth in disposable income among individuals in both developed and developing countries and increasing adoption of livestock products due to their health-related benefits are mutually contributing to increased demand for livestock products across the globe. The rapid growth in demand for livestock products is expected to boost the consumption of essential oil & plant extracts, as the livestock producers are increasingly inclining towards organic sources to maintain their herd. For instance, in July 2021, according to the Food and Agricultural Organization, a Canada-based specialized agency of the United Nations, the global meat supply is projected to reach 374 Mt by 2030, with a projected 14% increase in global consumption of meat proteins by 2030 compared to 2020. Protein availability from beef, pork, poultry, and sheep meat is expected to grow by 5.9%, 13.1%, 17.8%, and 15.7%, respectively, by 2030.  Therefore, the increasing demand for livestock products is driving the growth of the essential oils & plant extract for livestock market.

The essential oils & plant extract for livestock market covered in this report is segmented –
1) By Type: Essential Oils, Plant Extracts
2) By Form: Solid/Powder, Liquid
3) By Function: Gut Health, Immunity, Yeild
4) By Livestock: Cattle Feed, Poultry Feed, Swine Feed,  Aquatic Feed, Other Livestocks

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Regional Insights –
Asia-Pacific
was the largest region in the essential oils & plant extract for livestock market in 2023. The regions covered in the essential oils & plant extract for livestock market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies –
Major companies operating in the essential oils & plant extract for livestock market include  Kemin Industries Inc., Phytosynthese, Provitim, Olmix S.A., Herbarom Laboratoire, Givaudan, Symrise AG, Sensient Technologies, Kangcare Bioindustry Co. Ltd., Pt. Indesso Aroma, Tokiwa Phytochemical Co. Ltd., Native Extracts Pty. Ltd., Synthite Industries Private Ltd., Martin Bauer GmbH & Co. KG, International Flavours and Fragrances Inc., IDENA SAS, Novus International Inc., Trouw Nutrition, Hifeed BV, Panagro Health & Nutrition, Herbavita, Orffa International Holding B.V., Indian Herbs Specialties Pvt. Ltd., Danisco, Manghebati, BENEO GmbH, Amorvet Animal Health Pvt. Ltd., Laboratoires Phode, Rocky Mountain Oils LLC

Table of Contents
1. Executive Summary
2. Essential Oils & Plant Extract For Livestock  Market Report Structure
3. Essential Oils & Plant Extract For Livestock  Market Trends And Strategies
4. Essential Oils & Plant Extract For Livestock  Market – Macro Economic Scenario
5. Essential Oils & Plant Extract For Livestock  Market Size And Growth
…..
27. Essential Oils & Plant Extract For Livestock  Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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