The Animal Growth Promoters And Performance Enhancers Global Market Report 2023, provides comprehensive information on the animal growth promoters and performance enhancers market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Animal Growth Promoters And Performance Enhancers Market’s Growth:
As per The Business Research Company’s Animal Growth Promoters And Performance Enhancers Global Market Report 2023, the global animal growth promoters and performance enhancers market size will grow from $13.73 billion in 2022 to $14.65 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global animal growth promoters and performance enhancers market size is expected to grow to $18.92 billion in 2027 at a CAGR of 6.6%.
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The animal growth promoters and performance enhancers market is segmented:
1) By Type: Antibiotic Growth Promoters, Non-Antibiotic Growth Promoters
2) By Animal Type: Poultry, Swine, Livestock, Aquaculture, Other Animals
3) By Nature of Chemicals: Microbial Products, Prebiotics And Probiotics, Yeast Products, Enzymes/Herbs, Oils And Spices
North America was the largest region in the animal growth promoters and performance enhancers market in 2022.
The table of contents in TBRC’s animal growth promoters and performance enhancers market report includes:
1. Executive Summary
2. Animal Growth Promoters and Performance Enhancers Market Characteristics
3. Animal Growth Promoters and Performance Enhancers Market Trends And Strategies
4. Animal Growth Promoters and Performance Enhancers Market – Macro Economic Scenario
5. Animal Growth Promoters and Performance Enhancers Market Size And Growth
……..
26. Africa Animal Growth Promoters and Performance Enhancers Market
27. Animal Growth Promoters and Performance Enhancers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Animal Growth Promoters and Performance Enhancers Market
29. Animal Growth Promoters and Performance Enhancers Market Future Outlook and Potential Analysis
30. Appendix
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The growth of this market is primarily driven by the increasing global meat demand, research into alternatives to antibiotics, and the need to deal with epidemics and environmental factors.
However, various countries have stringent regulations in place against antibiotics and particular growth promoters, which has affected their adoption.The report Animal Growth Promoters and Performance Enhancers Market is projected to reach USD 18.5 billion by 2024 from an estimated USD 13.9 billion in 2019, at a CAGR of 5.9% during the forecast period.Ask for PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137134167Market Segmentations: -.Based on type, the animal growth promoters market is segmented into antibiotic and non-antibiotic growth promoters.
The non-antibiotic growth promoters segment accounted for the largest share of the animal growth promoters and performance enhancers market in 2018.On the basis of animal type, the Animal Performance Enhancers Market is segmented into poultry, swine, livestock, aquaculture, and other farm animals (equine, rabbit, camel, deer, yak, and geese).
In 2019, the poultry segment accounted for the largest share of the animal growth promoters and performance enhancers market.Critical questions answered in the Report: -How will the current animal growth promotion trends affect the market in the long term?What are the reasons contributing to the growth of the non-antibiotic growth promoters segment in the market?Which regions are likely to grow at the highest CAGR?What are the challenges hindering the adoption of equipment in the market?What are the growth strategies being implemented by major market players?Regional Analysis: -In 2019, the Asia Pacific region accounted for the largest market share of 36.7%, followed by North America (26.1%) in 2018.
The largest share of the Asia Pacific region is attributed to the strong animal products industry in this region, high population (generating greater domestic meat demand), a comparatively relaxed regulatory scenario, and government efforts to encourage animal producers.Request for Sample Pages : - https://www.marketsandmarkets.com/requestsampleNew.asp?id=137134167Key Players: -The key players in the global animal performance enhancers market are Merck and Co. Inc. (US), Cargill Inc. (US), Royal DSM N.V. (Germany), Vetoquinol (France), Bupo Animal Health (SA), Elanco Animal Health Inc. (US), CHR Hansen (UK), Novus International Inc. (US), Associated British Foods (ABF) plc (UK), Alltech Inc. (US), ERBER AG (UK), Archer-Daniels-Midland Company (US), Phibro Animal Health Corporation (US), Kemin Industries (US), SHV (Nutreco) (UK), BASF SE (UK), Lallemond Inc. (Canada), Bluestar Adisseo Company (France), Evonik Industries AG (UK), and Land O Lake Inc.(US).
