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Animal Growth Promoters & Performance Enhancers Market 2018 Analysis Focusing on Top Vendors like VETOQUINOL INDIA ANIMAL HEALTH PRIVATE LIMITED, Novus International, Inc. , Merck, DuPont, Chr. Hansen Holding A/S, BupoAnimalHealth, Boehringer Ingelheim, B
Global Animal Growth Promoters & Performance Enhancers Market – Industry Trends and Forecast to 2024
The Global Animal Growth Promoters & Performance Enhancers Market is accounted for USD 7.94 billion in 2016 growing at a CAGR of 5.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The global animal growth promoters & performance enhancers market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of animal growth promoters & performance enhancers market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
Rise in the Global Meat Demand.
Rise in Animal Epidemic Outbreaks
Demand of Growth Promoters
Stringent regulatory policies
Increase in Bacterial Resistance Owing to the Use of Antibiotic Growth Promoters
Some of the major players operating in global animal growth promoters & performance enhancers market are:-
Vetoquinol India Animal Health Pvt Ltd,
NOVUS INTERNATIONAL,
Merck & Co. Inc.,
DuPont,
Chr. Hansen Holding A/S,
Bupo Animal Health (Pty) Ltd,
Boehringer Ingelheim GmbH,
BIOMIN Holding GmbH,
Elanco,
Alltech,
Zoetis,
DSM,
Cargill,
Incorporated,
Bayer AG
among others.
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Market Segmentation:
By product, global animal growth promoters & performance enhancers market is segmented into antibiotic growth promoters, hormonal growth promoters, beta-agonist growth promoters, feed enzyme growth promoter, probiotic and prebiotic growth promoters, organic acid growth promoters, phytogenics and others.
On the basis of nature of chemicals, global animal growth promoters & performance enhancers market is segmented into microbial products, prebiotics and probiotics, yeast products, enzymes and herbs, oils & spices.
Based on animal type, global animal growth promoters & performance enhancers market is segmented into poultry, porcine, equine, livestock, aquaculture and others.
Some of the major countries covered in this report are:-
U.S.,
Canada,
Germany,
France,
U.K.,
Netherlands,
Switzerland,
Turkey,
Russia,
China,
India,
South Korea,
Japan,
Australia,
Singapore,
Saudi Arabia,
South Africa, and Brazil
among others.
In 2017, North America is expected to dominate the market.
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