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Essential Oils And Plant Extract For Livestock Market 2023 : Trends, Business Growth And Major Driving Factors | Kemin Industries, Inc., Phytosynthese, Provitim, Olmix S.A., Herbarom Laboratoire, Herbavita, Danisco
Essential Oils And Plant Extract For Livestock Global Market
The Business Research Company's Essential Oils And Plant Extract For Livestock Global Market Report 2023 identifies the surging demand for livestock products is driving the growth of the essential oils & plant extract for the 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.
The global essential oils & plant extract for livestock market size grew from $3.07 billion in 2022 to $3.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The essential oils & plant extract for livestock market size is expected to grow to $4.33 billion in 2027 at a CAGR of 6.9%.
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Major players in the essential oils & plant extract for livestock market are Kemin Industries, Inc., Phytosynthese, Provitim, Olmix S.A., Herbarom Laboratoire, Herbavita, Danisco, Manghebati, Laboratoires Phode, Delacon Biotechnik GmbH, Joh. Vogele KG, IDENA SAS, CCPA GROUP, Foreverest Resources Ltd., and Destilaciones Bordas Chinchurreta SA.
A key trend in the Essential Oils And Plant Extract For Livestock market includes the Technological advancements are a key trend gaining popularity in essential oils & plant extract for the livestock market. Many companies operating in essential oils & plant extract for livestock are developing new products or new technologies to strengthen their position in their market.
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The Essential Oils And Plant Extract For Livestock market 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
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Essential Oils And Plant Extract For Livestock market.
The Business Research Company's "Global Essential Oils And Plant Extract For Livestock Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Essential Oils And Plant Extract For Livestock Market Include:
1. Executive Summary
2. Essential Oils And Plant Extract For Livestock Market Characteristics
3. Essential Oils And Plant Extract For Livestock Market Trends And Strategies
4. Essential Oils And Plant Extract For Livestock Market - Macro Economic Scenario
5. Essential Oils And Plant Extract For Livestock Market Size And Growth
……
27. Essential Oils And Plant Extract For Livestock Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Essential Oils And Plant Extract For Livestock Market
29. Essential Oils And Plant Extract For Livestock Market Future Outlook and Potential Analysis
30. Appendix
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