Feed Essential Oils Market is growing at a CAGR of 7.9% in the forecast period (2024-2031)

In recent years, the global Feed Essential Oils Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. To satisfy people's demand and increase the demand for feed, it is important to always offer high-quality animal products. When bioactive chemicals, like essential oils, are added to animal feed, it seems to improve the quality of the animal feed that is made and protect the consumer from oxidants and bacteria that can make animal byproducts go bad. Essential oil is a concentrated liquid that doesn't mix with water and has volatile fragrance components from plants. Plant oils are used to add flavor to food and animal feed. These oils are sometimes called essential oils or volatile oils. Lemon and peppermint are two common plants that can be used to make essential oils. They have been used as medicine for hundreds of years because they can help with problems like insomnia, stress, irritable bowel syndrome (IBS), and even constipation which are caused by anxiety. These are the major factors driving the demand for the feed essential oils market during the analysis period.

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Feed Essential Oils Market size was valued at USD 20.2 billion in 2022 and is poised to grow from USD 21.79 billion in 2023 to USD 39.43 billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

EO's antibacterial, antiviral, and anti-oxidant activities reduce pathogenic microorganisms and improve intestinal microbiota and feed efficiency in animals. EO in animal feed should promote industry expansion. Demand for chicken products and attention to improving animal health will boost the essential oil feed additives industry. Increasing EO fortification in ruminant feed to increase flavor and boost feed intake for growth and reproduction will boost the industry. Improved gut health, higher immunity, and increased yield are projected to propel the feed essential oil industry. Essential oils and plant extracts also improve animal health by supplying nutrients, organic minerals, and protein breakdown to build muscle density in ruminants, poultry, and pigs. In addition, technical advances and novel formulation recipes will improve demand. Increased supplementation and the desire to maximize net returns by using available roughages inefficiently may increase ruminant demand for liquid supplements.

Market Segmentation:

The Global Feed Essential Oils Market is segmented based on type, application, and region.

Based on type, the market is segmented into lemon, orange, eucalyptus, peppermint, and others.
Based on application, the market is segmented into poultry, ruminant, aquaculture, swine, and other animals.
Based on region, the global Feed Essential Oils market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Feed Essential Oils Market Top Player's Company Profiles

Cargill Inc. (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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Essential regions of the Feed Essential Oils market are:

• Feed Essential Oils North America Market includes (Canada, Mexico, USA)
• Feed Essential Oils Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Feed Essential Oils Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Feed Essential Oils South America Market includes (Brazil, Argentina)

FAQs: -

1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?

What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Feed Essential Oils industry.

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Objectives of the Study:

• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

Looking ahead, the Feed Essential Oils Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Feed Essential Oils Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.

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Table of Contents

Global Feed Essential Oils Market Research Report 2024-2031
Chapter 1 Feed Essential Oils 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 Global Feed Essential Oils Market Forecast
...

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