The Business Research Company’s Essential Oils & Plant Extract For Livestock Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Essential Oils & Plant Extract For Livestock Global Market Report 2023 evaluates essential oils & plant extract for livestock market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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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%.
The essential oils & plant extract for livestock market segments in the report are:
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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