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Key Influencer in the Essential Oils & Plant Extract For Livestock Market 2025: Rising Global Demand For Livestock Products Fuels Growth In Essential Oils & Plant Extracts For Livestock Market Driver

02-24-2025 09:44 AM CET | Food & Beverage

Press release from: The Business Research Company

Essential Oils & Plant Extract For Livestock Market

Essential Oils & Plant Extract For Livestock Market

What combination of drivers is leading to accelerated growth in the essential oils & plant extract for livestock market?
Rising interests in livestock products is fueling the expansion of the essential oils and plant extract market for livestock. A global shift in dietary habits, the increase in disposable income in both advanced and emerging nations, and a growing appetite for livestock products due to their health advantages are collectively fueling global livestock product demand. This heightened demand is projected to bolster essential oils and plant extract consumption, as livestock farmers increasingly favor organic resources for their flock. For example, in September 2024, the Department of Agriculture, a US-based governmental agency, reported that the total cash receipts from animals and animal products in 2023 totaled $249.6 billion. The contributions from cattle and calf sales were $101.1 billion, accounting for 40.5% of the total. Poultry and egg sales contributed $67.1 billion, or 26.9%, while dairy receipts added up to $45.9 billion, or 18.4%. Therefore, the escalating demand for livestock products propels the growth of the essential oils & plant extract industry for livestock.

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What is the projected compound annual growth rate (CAGR) of the essential oils & plant extract for livestock market from 2025 to 2034, and what factors influence it?
The market size for essential oils and plant extracts used in livestock has seen substantial growth in recent years. An increase from $3.51 billion in 2024 to $3.76 billion in 2025, marking a compound annual growth rate (CAGR) of 7.2%, is expected within this sector. This historic growth can be credited to factors such as traditional and cultural consumption, a rise in demand for plant-based proteins, crop rotation practices, the animal feed industry's dynamics, as well as global trade and exports.

In the coming years, the market size for essential oils & plant extracts for livestock is expected to witness substantial growth, ballooning to $5.1 billion by 2029, with a compound annual growth rate (CAGR) of 7.9%. This growth during the forecasted period is linked to sustainable farming practices, uses in functional foods, global concerns about food security, alternative sources of protein, and resilience to climate change. Influential trends during this period include alternatives to meat, foods free from allergens and gluten, advancements in food processing, products with clean labels, and technological advancements.

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How are the latest trends influencing the growth of the essential oils & plant extract for livestock market?
One key trend picking up speed in the essential oils & plant extract market for livestock is technological advancements. To strengthen their presence in the market, numerous firms operating in this sector are inventing new products or technologies. To illustrate, Cargill, in October 2021, introduced poultry feed infused with essential oils designed to promote the health of flocks and optimize egg production. Essential oils are incorporated into the company's Nutrena and Naturewise poultry diets with the intent to elevate egg size and weight, enhance digestion, and strengthen immunity. The FlockShield ingredient aids in keeping a healthy gut, thereby strengthening the immune system further. Additionally, the food contains yeast culture, prebiotics, and probiotics to help with digestion and nutrient absorption.

What are the major segments of the essential oils & plant extract for livestock market and their role in driving growth?
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, Yield
4) By Livestock: Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Other Livestocks

Subsegments:
1) By Essential Oils: Citrus Oils, Herbal Oils, Spice Oils, Floral Oils
2) By Plant Extracts: Herbal Extracts, Fruit Extracts, Vegetable Extracts, Other Plant Extract

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Which regions are key players in the growth of the essential oils & plant extract for livestock market?
Asia-Pacific was the largest region in the essential oils & plant extract for livestock market in 2024. 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.

Who are the key firms paving the way for growth in the essential oils & plant extract for livestock market?
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, BENEO GmbH, Amorvet Animal Health Pvt. Ltd., Laboratoires Phode

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What Is Covered In The Essential Oils & Plant Extract For Livestock Global Market Report?

•Market Size Forecast: Examine the essential oils & plant extract for livestock market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the essential oils & plant extract for livestock market for a structured understanding.
•Key Players Overview: Analyze major players in the essential oils & plant extract for livestock market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the essential oils & plant extract for livestock market.
•Segment Contributions: Evaluate how different segments drive overall growth in the essential oils & plant extract for livestock market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the essential oils & plant extract for livestock market.
•Industry Challenges: Identify potential risks and obstacles affecting the essential oils & plant extract for livestock market.
•Competitive Landscape: Review strategic developments in the essential oils & plant extract for livestock market, including expansions, agreements, and new product launches.

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