Animal Growth Promoters are feed additives that used to help increase the efficiency of animal production by increasing weight gain and product output. Animal Growth promoters can be classified into four groups; those that increase growth and also increase feed consumption, those that increase growth without altering feed consumption, those that do not alter growth but decrease feed consumption (generally referred to as the feed consumption ratio; FCR=kg feed consumed/kg body weight), and those that increase growth and decrease feed consumption.
Animal growth promoters are defined as the chemicals and drugs that help animals in growing faster by digesting their food more effectively, getting maximum benefit out of it and allowing the animals to develop into strong and healthy adults. These chemicals also protect the animal from various types of microbial diseases. Animal growth promoters market can be differentiated on the basis of different type of animal growth promoters and on the basis of animal classes. Depending on the nature and use of chemicals, various types of animal growth promoter are available on the market, including Antibiotics, Probiotics and Prebiotics, Feed Enzymes, Organic acid, Essential Oil Compounds and etc.
Antibiotic growth promoters still capture the major revenue share of the animal growth promoters market, while considering consumption volume, Prebiotics and Probiotics segment is leading the market, taking about one third of total market sales. In recent years, Eubiotics like organic acid, phytogenic and essential oil compounds are seeing a rapid growing trend, which is considered to be alternatives to Antibiotic Growth Promoters in Animal Feed Industry.
Depending on downstream animal classes, the animal growth promoter market has been differentiated into following categories: Livestock, Aquaculture, Poultry and Others. Livestock and poultry are the dominating classes of animals which are provided with animal growth promoters. Increase in the yield of the products such as eggs, wool and milk, which are originated from these animals is the major reason which is driving the animal growth promoters market among livestock and poultry classes. Additionally, the increasing demand of meat worldwide is the other major factor which will propel the animal growth promoters market in the future. Animal growth promoters help the animal in gaining weight and fat, which results in more meat production and expensive selling of animal.
Global Animal Growth Promoter market size will increase to 12000 Million US$ by 2025, from 8430 Million US$ in 2018, at a CAGR of 4.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Animal Growth Promoter.
This report researches the worldwide Animal Growth Promoter market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Animal Growth Promoter breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Cargill Animal Health
Royal DSM N.V.
Elanco Animal Health
Zoetis, Inc.
Alltech, Inc.
Bayer Animal Health
Kemin
Yiduoli
DuPont (Danisco)
Novozymes
Merck Animal Health
Biomin
Novus International, Inc.
BASF SE
Chr.Hansen
Animal Growth Promoter Breakdown Data by Type
Antibiotic
Prebiotics and Probiotics
Feed Enzymes
Others
Animal Growth Promoter Breakdown Data by Application
Livestock
Aquaculture
Poultry
Other
Animal Growth Promoter Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Animal Growth Promoter Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Animal Growth Promoter capacity, production, value, consumption, status and forecast;
To focus on the key Animal Growth Promoter manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Animal Growth Promoter :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Animal Growth Promoter . Industry analysis & Market Report on Animal Growth Promoter is a syndicated market report, published as Global Animal Growth Promoter Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Animal Growth Promoter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.