Feed Essential Oils Market Size, Share, Growth Analysis, By Type(Lemon, Orange, Eucalyptus, Peppermint), By Application(Poultry, Ruminant, Aquaculture, Swine), By Region - Industry Forecast 2024-2031

Feed Essential Oils Market Driver

Improved gut health, higher immunity, and increased yield are projected to propel the feed essential oil industry.

• 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.

Feed Essential Oils Market Restraint

The lack of readily available raw materials and the high price fluctuations of plant extracts are major restraints for the market.

• The estimated growth of the essential oils market in animal nutrition is restrained by several factors, including the lack of readily available raw materials and the high price fluctuations of plant extracts. These factors might slow down the feed essential oil market growth during the analysis period.