Press release
Rising demand for Animal Growth Enhancers Market to grow at a CAGR of 5.99% during the period 2017-2021
Growth enhancers are stimulators that accelerate livestock growth. Antibiotics are primarily used as growth promoters and are administered as low and sub-therapeutic dose. The market comprises various growth stimulators, namely, antibiotics and feed. Animal antibiotics hold the largest market share attributed to the dual benefit of being able to prevent and cure bacterial infections and stimulating the growth of the livestock. The animal health industry has been witnessing substantial growth, mainly due to growing number of innovations and increasing number of strategies to prevent and control zoonotic and other infectious diseases in animals. An animal growth promoter is used to help animals digest their food more effectively and allow them to grow. These promoters can be any medicine that destroy or inhibit bacteria, and are administrated in a low dose. They improve an animals regular activity, health status, efficiency, and bring about uniformity in size. These growth enhancers are commonly used in livestock production globally.
Technavios analysts forecast the global animal growth enhancers market to grow at a CAGR of 5.99% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global animal growth enhancers market for 2017-2021. To calculate the market size, the report considers the sales of antibiotic, feed enzyme, and pre-and pro biotics products.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Animal Growth Enhancers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Boehringer Ingelheim
Bayer
Elanco
Zoetis
Other prominent vendors
Animal Medics
Biognesis Bag
Bio-Vet
Ceva Sant Animale
Dechra Pharmaceuticals
ECO Animal Health
Huvepharma
Indian Immunologicals
Mobedco
Neogen
Norbrook
Orion
Phibro Animal Health
Vtoquinol
Virbac
Vitafor
Market driver
Rising demand for poultry products in developed and developing nations
For a full, detailed list, view our report
Market challenge
Disease outbreak in livestock
For a full, detailed list, view our report
Market trend
R&D efforts for discovering natural growth promoters
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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