Global Animal Growth Promoters & Performance Enhancers Market Size, Growth, Opportunity and Forecast

  • Product Code:
    RP-ID-10008428
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    140
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

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The Research Report is Updated with 2020 Base Year, 2021 Estimated year and Forecast till 2030 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2020 as base year, 2021 as estimated year and forecast to 2030. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

The global Animal Growth Promoters & Performance Enhancersmarket was valued at USD 7.90billion in 2016 and is projected to reach USD 12.20billionby 2025, growing at a CAGR of 4.95% from 2017 to 2025.
With increasing animal breeding practices and high demand of meat products and other animal obtained material, the performance enhancer market is expected to grow at a high CAGR.

Sample Infographics:



Market Dynamics:
1. Market Drivers
1.1 Incessant Rise in the Global Meat Demand
1.2 Research Studies to Find Alternatives to Antibiotics and Hormones Used as Growth Promoters
1.3 Rise in Animal Epidemic Outbreaks
1.4 Growth Promoters: A Strategic Solution to Rising Animal Feed Costs
2. Market Restraints
2.1 Stringent Regulatory Guidelines in Few Countries
2.2 Increase in Bacterial Resistance Owing to the Use of Antibiotic Growth Promoters

Market Segmentation:
1. By Animal Type:
1.1 Poultry
1.2 Porcine
1.3 Livestock
1.4 Equine
1.5 Aquaculture
1.6 Other Animals

2. By Product:
2.1 Antibiotic Growth Promoters
2.2 Hormonal Growth Promoters
2.3 Beta-Agonist Growth Promoters
2.4 Feed Enzyme Growth Promoter
2.5 Probiotic and Prebiotic Growth Promoters
2.6 Organic Acid Growth Promoters
2.7 Phytogenics
2.8 Other Growth Promoters

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Cargill, Inc.
2. Royal DSM N.V.
3. Zoetis, Inc.
4. Alltech, Inc.
5. Elanco Animal Health
6. Merck Animal Health
7. AB Vista
8. Bayer Animal Health (A Subsidiary of Bayer AG)
9. Biomin Holding GmbH
10. BoehringerIngelheim
11. Bupo Animal Health
12. Chr. Hansen A/S
13. Danisco A/S
14. Novus International, Inc.
15. Vetoquinol
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Animal Growth Promoters & Performance Enhancersmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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1. Cargill, Inc.
2. Royal DSM N.V.
3. Zoetis, Inc.
4. Alltech, Inc.
5. Elanco Animal Health
6. Merck Animal Health
7. AB Vista
8. Bayer Animal Health (A Subsidiary of Bayer AG)
9. Biomin Holding GmbH
10. BoehringerIngelheim
11. Bupo Animal Health
12. Chr. Hansen A/S
13. Danisco A/S
14. Novus International, Inc.
15. Vetoquinol
Please enter your personal details below
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