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Animal Growth Promoter Market: By Type (Poultry, Livestock, Porcine, Equine, Aquaculture and Other); By Product (Antibiotic Growth Promoters, Hormonal Growth Promoters, Probiotic and Prebiotic Growth Promoters, Organic Acid Growth Promoters and Phytogenic

Publisher Fatpos Global
Published Jun 01, 2023
Length 235 Pages
SKU # FAGL18012393

Description

Animal Growth Promoter Market: By Type (Poultry, Livestock, Porcine, Equine, Aquaculture and Other); By Product (Antibiotic Growth Promoters, Hormonal Growth Promoters, Probiotic and Prebiotic Growth Promoters, Organic Acid Growth Promoters and Phytogenics), And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031


Animal Growth Promoter Market: By Type (Poultry, Livestock, Porcine, Equine, Aquaculture and Other); By Product (Antibiotic Growth Promoters, Hormonal Growth Promoters, Probiotic and Prebiotic Growth Promoters, Organic Acid Growth Promoters and Phytogenics), And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031

PRODUCT OVERVIEW

Animal health products, which include growth promoters and performance enhancers, are drugs and chemicals used to help animals grow. These enhancers aid in the digestion of food and allow animals to grow faster, which improves productivity. The rising demand for animal consumption and consumption of livestock-based products, rising global demand for naturally produced growth promoters, and rising animal epidemics and climate change are all driving growth in the animal growth promoters and performance enhancers market.

MARKET HIGHLIGHTS

Global Animal Growth Promoter Market is expected to project a notable CAGR of 6.4% in 2031.

Global Animal Growth Promoter Market to surpass USD 32.16 billion by 2031 from USD 17.13 billion in 2021 at a CAGR of 6.4% in the coming years, i.e., 2021-31. The rise in global meat production can be attributed to rising population, income levels, and urbanisation rates in almost all regions of the world. The demand generated by these forces has propelled the animal growth promoter industry into an ever-expanding phase, driving revenue forward. The need for increased animal performance and growth rates is another aspect of this high demand.

GLOBAL ANIMAL GROWTH PROMOTER MARKET: SEGMENTS


Poultry segment to grow with the highest CAGR during 2021-31

Based on type, global Animal Growth Promoter Market is fragmented into Poultry, Livestock, Porcine, Equine, Aquaculture and Other. During the forecasted period, poultry held the largest market share. The poultry industry accounted for the largest share of the global market for animal growth promoters and performance enhancers. This segment's large market share can be attributed to rising demand for poultry meat and eggs, rising novel diet approaches, and increasing antibiotic phase-outs, which has resulted in the development of alternatives.

Probiotic and Prebiotic Growth Promoters segment to grow with the highest CAGR during 2021-31

Global Animal Growth Promoter Market is classified on the basis of Product into Antibiotic Growth Promoters, Hormonal Growth Promoters, Probiotic and Prebiotic Growth Promoters, Organic Acid Growth Promoters and Phytogenics. In the forecasted period, offline is the largest distribution channel in the Animal Growth Promoter market. Prebiotics and probiotics held the largest share of the animal growth promoters and performance enhancers market. This is due primarily to their safety, natural performance-enhancing properties, and high nutritional value. The use of prebiotic, probiotic, and synbiotic growth promoters is safe and free of any cumulative future effects, which encourages the use of these products.

MARKET DYNAMICS

Drivers

Rising population and global meat consumption

Increase in awareness and R&D investments

Restraint

Stringent rules and regulations and consumers lack of knowledge

GLOBAL ANIMAL GROWTH PROMOTER MARKET:


Key Players
  • Biomin
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
  • Elanco Animal Health
  • Zoetis, Inc.
  • Alltech, Inc.
  • Bayer Animal Health
  • Kemin
  • Yiduoli
  • DowDuPont
  • Novozymes
  • Other Prominent Players

GLOBAL ANIMAL GROWTH PROMOTER MARKET: REGIONS


Global Animal Growth Promoter Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. During the forecast period, Asia Pacific accounted for the largest share of the global animal growth promoters and performance enhancers market by region. The Asia Pacific region's large share can be attributed to the region's strong animal products industry, large population generating increased domestic meat demand, comparatively relaxed regulatory environment, and government efforts to encourage animal producers.

GLOBAL ANIMAL GROWTH PROMOTER MARKET REPORT ALSO CONTAINS ANALYSIS ON:


Animal Growth Promoter Market Segments:
  • By Type
  • Poultry
  • Livestock
  • Porcine
  • Equine
  • Aquaculture
  • Other
  • By Product
  • Antibiotic Growth Promoters
  • Hormonal Growth Promoters
  • Probiotic and Prebiotic Growth Promoters
  • Organic Acid Growth Promoters
  • Phytogenics
  • Animal Growth Promoter Market Dynamics
  • Animal Growth Promoter Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*

Table of Contents

235 Pages
1. Executive Summary
1.1. Regional Market Share
1.2.Business Trends
1.3. Global Animal Growth Promoter Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1.Market Definition
3.2. Global Animal Growth Promoter Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4. Global Animal Growth Promoter Market - Industry Insights
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8. Risk Analysis
9. Market Analysis
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Global Animal Growth Promoter Market
10.1.Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Global Animal Growth Promoter Market Size & Forecast 2021A-2031F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Type
11.3.1.1. Poultry
11.3.1.1.1.By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2.Livestock
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2.Market Share (%) 2021-2031F
11.3.1.2.3.Y-o-Y Growth (%) 2021-2031F
11.3.1.3.Porcine
11.3.1.3.1. By Value (USD Million) 2021-2031F
11.3.1.3.2.Market Share (%) 2021-2031F
11.3.1.3.3.Y-o-Y Growth (%) 2021-2031F
11.3.1.4.Equine
11.3.1.4.1. By Value (USD Million) 2021-2031F
11.3.1.4.2.Market Share (%) 2021-2031F
11.3.1.4.3.Y-o-Y Growth (%) 2021-2031F
11.3.1.5.Aquaculture
11.3.1.5.1. By Value (USD Million) 2021-2031F
11.3.1.5.2.Market Share (%) 2021-2031F
11.3.1.5.3.Y-o-Y Growth (%) 2021-2031F
11.3.1.6.Other
11.3.1.6.1. By Value (USD Million) 2021-2031F
11.3.1.6.2.Market Share (%) 2021-2031F
11.3.1.6.3.Y-o-Y Growth (%) 2021-2031F
11.3.2. By Product
11.3.2.1.Antibiotic Growth Promoters
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2.Market Share (%) 2021-2031F
11.3.2.1.3.Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Hormonal Growth Promoters
11.3.2.2.1.By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.3. Probiotic and Prebiotic Growth Promoters
11.3.2.3.1.By Value (USD Million) 2021-2031F
11.3.2.3.2. Market Share (%) 2021-2031F
11.3.2.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.4. Organic Acid Growth Promoters
11.3.2.4.1.By Value (USD Million) 2021-2031F
11.3.2.4.2. Market Share (%) 2021-2031F
11.3.2.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.5. Phytogenics
11.3.2.5.1.By Value (USD Million) 2021-2031F
11.3.2.5.2. Market Share (%) 2021-2031F
11.3.2.5.3. Y-o-Y Growth (%) 2021-2031F
12. North America Animal Growth Promoter Market Size & Forecast 2021A-2031F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Product
12.4. Country
12.4.1. United States
12.4.2.Canada
13. Europe Animal Growth Promoter Market Size & Forecast 2021A-2031F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Product
13.4.Country
13.4.1. Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4.Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia Pacific Animal Growth Promoter Market Size & Forecast 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1. By Type
14.3.2.By Product
14.4.Country
14.4.1. India
14.4.2.China
14.4.3.South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15. Middle East and Africa Animal Growth Promoter Market Size & Forecast 2021A-2031F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Product
15.4.Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. Latin America Animal Growth Promoter Market Size & Forecast 2021A-2031F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By Product
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Argentina
16.4.4.Rest of Latin America
17. Competitive Landscape
17.1.Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. Biomin
18.1.1.Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3.Market Share
18.1.4.4.Recent News & Development (Last 3 Yrs.)
18.1.4.5.Executive Team
18.2.Elanco Animal Health
18.3.Zoetis, Inc.
18.4.Alltech, Inc.
18.5.Bayer Animal Health
18.6.Kemin
18.7.Yiduoli
18.8.DowDuPont
18.9.Novozymes
18.10.Other Prominent Players
19. Appendix
20.Consultant Recommendation

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