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With 4.9% CAGR, Animal Hormones Market Size Worth USD 1,900 Million by 2026 - Comprehensive Research Report by Facts & Factors
"Animal Hormones Market By Application (Growth Promoters, Performance Enhancers, and Others), and by Animal Type (Poultry, Porcine, Livestock, Equine, Aquaculture, and Other Animals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019-2026" was written by Findings from Facts and Factors.The research paper estimates that the global market for animal hormones will reach $1,400 billion in 2019. By 2026, the market is projected to develop at a CAGR of 4.9% and be worth over USD 1,900 million.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/animal-hormones-market-by-application-growth-promoters-performance-687
Animal health can spread many illnesses. In order to organize the animal body organs and sensory system, hormones act as flag bearers. Animal hormones are thus used to treat hormonal insufficiency, including hypothyroidism, Addison disease, and other symptoms.
R&D activities in the animal hormone sector are progressing, providing opportunities for the industry to grow. The increasing prevalence of hormonal disorders like Addison's disease in animals is probably stimulating the global market for animal hormones. Additionally, the market need for animal hormones are being boosted by pets, a growing interest in meat, increased animal farming, and the resurgence of animal diseases. However, the ban on the utilization of certain hormones in the European nations like the U.K., Sweden, and Denmark are hampering the development of the market. Additionally, strict government regulations concerning the welfare and viability of animals are adversely hurting the growth of the animal hormones industry globally.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/animal-hormones-market-by-application-growth-promoters-performance-687
Based on the intended use, animal species, and geographic location, the market for animal hormones is segmented. The market is divided into growth promoters, performance enhancers, and others depending on the application. In 2019, the market's share for performance boosters was a sizable portion.
The market for animal hormones is divided into segments for equestrian, livestock, poultry, porcine, aquaculture, and other animals based on animal type. Poultry accounted for a sizeable percentage of the market in 2019 and is anticipated to grow at a high CAGR over the forecast period.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/animal-hormones-market-by-application-growth-promoters-performance-687
Some of the major players operating in the animal hormones are Royal DSM N.V., Merck Animal Health, Elanco Animal Health, Danisco A/S, Bupo Animal Health, Boehringer Ingelheim, Bayer Animal Health, Alltech, Inc., and AB Vista.
This report segments the animal hormones market as follows:
Global Animal Hormones Market: Application Segment Analysis
Growth Promoters
Performance Enhancers
Others
Global Animal Hormones Market: Animal Type Segment Analysis
Poultry
Porcine
Livestock
Equine
Aquaculture
Other Animals (Cats, Dogs, Rabbits, etc.)
๐๐๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/animal-hormones-market-by-application-growth-promoters-performance-687
Global Animal Hormones Market: Regional Segment Analysis
North America
The U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest Of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East & Africa
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/animal-hormones-market-by-application-growth-promoters-performance-687
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