"Animal Growth Promoters & Performance Enhancers Industry" 2017 Global Market By Growth, Top Vendors, Size, Share, Trends and Forecasts 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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Global Animal Growth Promoters & Performance Enhancers Market By Product (Antibiotic Growth Promoters, Hormonal Growth Promoters, Beta-Agonist Growth Promoters, Feed Enzyme Growth Promoter, Probiotic and Prebiotic Growth Promoters, Organic Acid Growth Promoters, Phytogenics, Others), Nature of Chemicals (Microbial products, Prebiotics and Probiotics, Yeast Products, Enzymes, Herbs, oils & spices) Animal Type , Geography- Industry Trends and Forecast to 2024
• Vetoquinol India Animal Health Pvt Ltd,
• NOVUS INTERNATIONAL,
• Merck & Co. Inc.,
• Chr. Hansen Holding A/S,
• Bupo Animal Health (Pty) Ltd,
• Boehringer Ingelheim GmbH,
• BIOMIN Holding GmbH,
• Bayer AG
• among others.
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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.
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Major Market Drivers:
• 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
By product:- Antibiotic growth promoters, hormonal growth promoters, beta-agonist growth promoters, feed enzyme growth promoter, probiotic and prebiotic growth promoters, organic acid growth promoters, phytogenic and others.
On the basis of nature of chemicals:- Microbial products, prebiotics and probiotics, yeast products, enzymes and herbs, oils & spices.
Based on animal type:- Poultry, porcine, equine, livestock, aquaculture and others.
On the basis of geography:-
• North America
• South America,
• Middle East & Africa.
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