Animal Growth Promoters and Performance Enhancers market is expected to grow from USD 14.73 billion in 2019 to USD 22.52 billion by 2026 at a CAGR of 6% from 2020 to 2026.
Animal growth Promoters and performance enhancers are defined because the chemicals or drugs that help animals in growing faster by digesting their food more effectively, getting the maximum benefit out of it, and allowing the animals to become strong and healthy adults. These chemicals also protect the animal from various sorts of microbial diseases. The market is often differentiated from the idea of various sorts of animal growth promoters and performance enhancers and on the idea of animal classes. The development of this market is primarily driven by the increasing global meat demand, research into alternatives to antibiotics, and therefore the got to affect epidemics and environmental factors. Nevertheless, various countries have stringent regulations in situ against antibiotics and particular growth promoters, which has affected their adoption. The global market is segregated on the basis of Type as Antibiotic Growth Promoters and Non-antibiotic Growth Promoters. Based on Animal Type the global market is segmented in Poultry, Swine, Livestock, Aquaculture, and Other Animals.
The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Cargill, Inc., Royal DSM N.V., Elanco Animal Health Inc., Merck & Co., Inc., Alltech, Inc., Archer-Daniels-Midland Company (ADM), Vetoquinol, Bupo Animal Health, Chr. Hansen, Novus International, Inc., and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Animal Growth Promoters and Performance Enhancers market has been segmented as below:
By Type
By Animal Type
By Region
By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers a competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the global market share. Major industry players with significant revenue share include Cargill, Inc., Royal DSM N.V., Elanco Animal Health Inc., Merck & Co., Inc., Alltech, Inc., Archer-Daniels-Midland Company (ADM), Vetoquinol, Bupo Animal Health, Chr. Hansen, Novus International, Inc., and others.
Why Buy this Report:
Target Audience:
The report targeted the existing players in the industry is as follows:
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Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Antibiotic Growth Promoters
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Non-antibiotic Growth Promoters
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6.1 Introduction
6.2 Poultry
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Swine
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Livestock
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Aquaculture
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Other Animals
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7.1 Introduction
7.2 Europe
7.2.1 Europe Market, By Type
7.2.2 Europe Market, By Animal Type
7.3 North America
7.3.1 North America Market, By Type
7.3.2 North America Market, By Animal Type
7.4 Asia Pacific
7.4.1 Asia Pacific Market, By Type
7.4.2 Asia Pacific Market, By Animal Type
7.5 Rest of The World
7.5.1 Rest of The World Market, By Type
7.5.2 Rest of The World Market, By Animal Type
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
(Overview, Key Financials, Product and Service Offering, Recent Developments)
By Type
By Animal Type
By Company