Report ID: SQMIG30A2007
Report ID:
SQMIG30A2007 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
93 |
Figures:
79
The essential oils & plant extracts for livestock market was dominated by the Asia Pacific region in 2021, accounting for largest of the global revenue share. The dominance is attributed to the strong economic growth prospects of emerging countries in the region, an ever-increasing population, and the rising disposable income of the average household.
In addition, the North American livestock market is expected to see growth in the coming years due to increasing meat consumption, especially in the U.S. and Canada, and the presence of strict regulations regarding safety and meat quality. Other factors that may impact the North American livestock market include increasing incidences of animal diseases, trade liberalization, and income growth in emerging economies.
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Report ID: SQMIG30A2007