Essential Oils & Plant Extract For Livestock Global Market Report 2024 - Latest Global Market Insights (2024)

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What is the Expected Growth Rate of the Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market from 2024 to 2033?

The essential oils & plant extract for livestock market has grown steadily in recent years. It will expand from $3.27 billion in 2023 to $3.51 billion in 2024, at a CAGR of 7.2%. Growth is due to cultural consumption practices, rising plant-based protein demand, crop rotation, the animal feed industry, and global trade.

The essential oils & plant extract for livestock market is projected to grow to $4.71 billion by 2028 at a CAGR of 7.7%, driven by sustainable agriculture, global food security, and climate change resilience. Trends include meat alternatives, allergen-free foods, clean label products, and advancements in food processing.

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What Key Factors Are Fueling the Growth of the Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market?

The essential oils & plant extract for livestock market is poised for growth due to the surging demand for livestock products, with global meat supply projected to reach 374 Mt by 2030, as reported by the Food and Agricultural Organization. The increasing shift in consumption patterns and growth in disposable income contribute to the rising demand for livestock products, subsequently driving the essential oils & plant extract for livestock market in 2023, 2024, and beyond.

What Are the Major Segments of the Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market?

1) By Type: Essential Oils, Plant Extracts

2) By Form: Solid/Powder, Liquid

3) By Function: Gut Health, Immunity, Yield

4) By Livestock: Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Other Livestocks

What New Trends Are Transforming the Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market?

Technological advancements are driving a significant trend in the essential oils & plant extract for livestock market. Many companies within this sector are actively developing new products and technologies to fortify their market positions. For example, in October 2021, Cargill introduced poultry feed enriched with essential oils to promote healthy flocks and maximize egg production. These essential oils, integrated into the company’s Nutrena and Naturewise poultry diets, contribute to enhanced egg weight and size, improved digestion, and strengthened immunity. Additionally, the inclusion of the FlockShield exclusive ingredient supports optimal stomach health, further bolstering the immune system. To aid digestion and nutritional absorption, yeast culture, prebiotics, and probiotics are also incorporated into the feed.

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Which Regions Are Driving Growth in the Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market?

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.

The Essential Oils & Plant Extract For Livestock Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the essential oils & plant extract for livestock global market report 2024 market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market Include

1. Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market Executive Summary

2. Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market Segments

3. Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market Size And Template Market Growth Rate

4. Key Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market Trends

5. Major Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market Drivers

……

25. Key Mergers And Acquisitions In The Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market

26. Top Essential Oils & Plant Extract For Livestock Global Market Report 2024 Companies

27. Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market Opportunities And Strategies

28. Essential Oils & Plant Extract For Livestock Global Market Report 2024 Market, Conclusions And Recommendations

29. Appendix

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