Animal Growth Promoters and Performance Enhancers Market

Animal Growth Promoters and Performance Enhancers Market by Product Antibiotic and Non-antibiotic (Hormones, Acidifiers, Feed Enzymes, Probioitcs & Prebiotics, Phytogenics), Animal (Poultry, Porcine, Livestock, Aquaculture) - Global Forecast to 2024

Report Code: BT 4276 Jan, 2020, by marketsandmarkets.com

[160 Pages report] The global animal growth promoters market is projected to reach USD 18.5 billion by 2024 from an estimated USD 13.9 billion in 2019 at a CAGR of 5.9% during the forecast period. The growth of this market is primarily driven by the increasing global meat demand, research into alternatives to antibiotics, and the need to deal with epidemics and environmental factors. However, various countries have stringent regulations in place against antibiotics and particular growth promoters, which has affected their adoption.

Animal Growth Promoters and Performance Enhancers Market

The non-antibiotic growth promoters segment dominated the animal growth promoters market in 2018

Based on type, the animal growth promoters market is segmented into antibiotic and non-antibiotic growth promoters. The non-antibiotic growth promoters segment accounted for the largest share of the animal performance enhancers market in 2018. The large share of this segment can be attributed to their economic benefits, the wide range of substances with applications in different production animals, environmental sustainability, and the increasing number of regulations on antibiotics and hormones.

The prebiotics and probiotics segment to account for the largest share of the animal growth promoters market in 2018

The non-antibiotic animal growth promoters market is further segmented into acidifiers, prebiotics and probiotics, feed enzymes, phytogenics, hormones, and others (vitamins, amino acids, and minerals). The largest share of the prebiotics and probiotics segment can be attributed to safe and natural performance-enhancing properties, high nutritional value, and regulatory restrictions on antibiotic and hormonal growth promoters.

The poultry segment accounted for the largest share of the market in 2019

Based on animal type, the market is segmented into poultry, porcine, livestock, aquaculture, and other animals (equine, rabbit, camel, deer, yak, and geese). Poultry commanded the largest share of the market in 2019. The large share of this segment can be attributed to the increase in global poultry meat and egg demands, modern diet designing strategies practiced in poultry, and antibiotic phase-outs resulting in the development of alternative strategies for growth promotion.

Animal Growth Promoters and Performance Enhancers Market

The Asia Pacific accounted for the largest share of the market in 2019

The Asia Pacific dominated the market in 2018. The large share of this market can be attributed to high populations generating greater domestic meat demand, indistinct regulation scenario, government efforts to encourage animal producers, and the presence of several prominent animal producer nations.

The European regional market, on the other hand, is projected to register the highest growth during the forecast period.  Factors such as rising domestic livestock, poultry, and pork production decreasing meat imports owing to the ban of certain growth promoters in Europe, and the non-compliance of import countries to these regulations, along with technological advancements in animal growth production are major drivers attributing to the growth of this region.

The major players in the global animal growth promoters market are Merck and Co. Inc. (US), Cargill Inc. (US), Royal DSM N.V. (Germany), Vetoquinol (France), Bupo Animal Health (SA), Elanco Animal Health Inc. (US), CHR Hansen (UK), Novus International Inc. (US), Associated British Foods (ABF) plc (UK),  and  Alltech Inc. (US).

Scope of the Report:

Report Metric

Details

Market size available for years

2016–2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Value (USD)

Segments covered

Type, Animal Type, and Region

Geographies covered

North America, Europe, Asia Pacific, and the Rest of the World

Companies covered

Merck and Co. Inc. (US), Cargill Inc. (US), Royal DSM N. V. (Germany), Vetoquinol (France), Bupo Animal Health (SA), Elanco Animal Health Inc. (US), CHR Hansen (UK), Novus International Inc. (US), Associated British Foods (ABF) plc (UK), Alltech Inc. (US), ERBER AG (UK), Archer-Daniels-Midland Company (US), Phibro Animal Health Corporation (US), Kemin Industries (US), SHV (Nutreco) (UK), BASF SE (UK), Lallemond Inc. (Canada), Bluestar Adisseo Company (France), Evonik Industries AG (UK), and Land O' Lake Inc.(US).

The research report categorizes the animal growth promoters market into the following segments and subsegments:

Market, by Type

  • Antibiotic Growth Promoters
  • Non-antibiotic Growth Promoters
    • Acidifiers
    • Prebiotics and Probiotics
    • Feed Enzymes
    • Phytogenics
    • Hormones
    • Other (amino acids and minerals)

Market, by Animal Type

  • Poultry
  • Swine
  • Livestock
  • Aquaculture
  • Other Animals (Equine, Rabbit, Camel, Deer, Yak, and Geese).

Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Critical questions answered in the report:

  • How will the current animal growth promotion trends affect the market in the long term?
  • What are the reasons contributing to the growth of the non-antibiotic growth promoters segment in the market?
  • Which regions are likely to grow at the highest CAGR?
  • What are the challenges hindering the adoption of equipment in the market?
  • What are the growth strategies being implemented by major market players?

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
    2.2 Market Size Estimation
           2.2.1 Revenue Mapping-Based Market Estimation
    2.3 Data Triangulation
    2.4 Assumptions for the Study

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 31)
    4.1 Animal Growth Promoters Market Overview
    4.2 Asia Pacific: Animal Performance Enhancers Market, By Type (2018)
    4.3 Geographical Snapshot of the Market

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Continuous Growth in the Global Meat Demand
                    5.2.1.2 Research Into Alternatives to Antibiotics and Hormones and Increasing Demand for Non-Antibiotic Growth Promoters
                    5.2.1.3 Rise in Animal Epidemics and Climate Changes
           5.2.2 Restraints
                    5.2.2.1 Stringent Regulations Restricting the Use of Antibiotics and Hormones for Growth Promotion in Animals
           5.2.3 Opportunities
                    5.2.3.1 Focus on Increasing Environment Sustainability
           5.2.4 Challenges
                    5.2.4.1 Increasing Global Feed Tonnage and High Feed Costs Leading to the Adoption of Conventional Feeding Systems

6 Market, By Type (Page No. - 41)
    6.1 Introduction
    6.2 Non-Antibiotic Growth Promoters and Performance Enhancers
           6.2.1 Prebiotics & Probiotics
                    6.2.1.1 Prebiotics & Probiotics Hold the Largest Share of the Market
           6.2.2 Acidifiers
                    6.2.2.1 Regulations on Antibiotics and Wide Applications in Different Production Animals have Driven the Use of Acidifiers
           6.2.3 Phytogenics
                    6.2.3.1 Natural Performance Enhancement and Antioxidative & Disease Defense Properties have Supported the Use of Phytogenics
           6.2.4 Feed Enzymes
                    6.2.4.1 Feed Enzymes Segment is Expected to Benefit Greatly From the Bans of Antibiotics and Hormones
           6.2.5 Hormones
                    6.2.5.1 Human Health Implications and Restricted Usage Due to Regulations Will Hamper the Growth of the Hormones Segment
           6.2.6 Other Non-Antibiotic Growth Promoters and Performance Enhancers
    6.3 Antibiotic Growth Promoters
           6.3.1 Antibiotics to Face A Gradual Decline Due to Unfavorable Regulations and Bans on Their Use

7 Animal Growth Promoters Market, By Animal Type (Page No. - 62)
    7.1 Introduction
    7.2 Poultry
           7.2.1 in 2018, the Poultry Segment Accounted for the Largest Share of the Market
    7.3 Swine
           7.3.1 Rising Demand for Pork Meat and Increasing Awareness of African Swine Fever (Asf) Outbreaks to Drive the Adoption of Growth Promoters and Performance Enhancers
    7.4 Livestock
           7.4.1 The Livestock Segment to Register the Highest Growth Rate During the Forecast Period
    7.5 Aquatic Animals
           7.5.1 Growing Production and Consumption of Seafood to Drive the Demand for Growth Promoters for Aquatic Animals
    7.6 Other Animals

8 Market, By Region (Page No. - 69)
    8.1 Introduction
    8.2 Asia Pacific
           8.2.1 China
                    8.2.1.1 China Dominates the APAC Animal Growth Promoters and Performance Enhancers Market
           8.2.2 India
                    8.2.2.1 Large Livestock Population and Increasing Production and Export Capacities to Drive Market Growth in the Country
           8.2.3 Japan
                    8.2.3.1 Rising Domestic Meat Demand and Government Efforts to Encourage Animal Producers are Driving the Demand for Promoters in Japan
           8.2.4 Australia
                    8.2.4.1 Large Cattle Population and Heavy Meat Exports have Supported the Market in Australia
           8.2.5 Rest of Asia Pacific
                    8.2.5.1 Lack of A Defined Regulatory Scenario has Resulted in the Wide Use of Antibiotic Growth Promoters in the RoAPAC
    8.3 North America
           8.3.1 Us
                    8.3.1.1 US Holds the Largest Share of the North American Market
           8.3.2 Canada
                    8.3.2.1 Canada is A Prominent Meat and Aquaculture Producer and Exporter
    8.4 Europe
           8.4.1 Russia
                    8.4.1.1 Russia Holds the Largest Share of the European Market
           8.4.2 Rest of Europe
                    8.4.2.1 Technological Advancements and the Strong Trade Industry have Supported the RoE Market
    8.5 Rest of the World
           8.5.1 Brazil
                    8.5.1.1 Brazil Dominates the RoW Market for Animal Growth Promoters and Performance Enhancers
           8.5.2 Rest of Latin America
                    8.5.2.1 Strong Demand for Animal Products and Supportive Initiatives have Supported the Market in the RoLA
           8.5.3 Middle East
                    8.5.3.1 Increasing Demand for Chicken and Seafood have Contributed to Market Growth in the Middle East
           8.5.4 Africa
                    8.5.4.1 Reliance on Conventional Livestock Production Practices May Hamper the Market Growth in Africa

9 Competitive Landscape (Page No. - 100)
    9.1 Introduction
    9.2 Market Share Analysis
    9.3 Competitive Leadership Mapping (2018)
           9.3.1 Visionary Leaders
           9.3.2 Innovators
           9.3.3 Dynamic Differentiators
           9.3.4 Emerging Companies
    9.4 Competitive Scenario
           9.4.1 Key Developments in the Animal Growth Promoters and Performance Enhancers Market
           9.4.2 Key Product Launches
           9.4.3 Key Acquisitions
           9.4.4 Key Expansions

10 Company Profiles (Page No. - 107)
(Business Overview, Products Offered, Recent Developments & Competitive Analysis)*
     10.1 Cargill, Inc.
     10.2 Royal DSM N.V.
     10.3 Elanco Animal Health Inc.
     10.4 Merck & Co., Inc.
     10.5 Alltech, Inc.
     10.6 Archer-Daniels-Midland Company (ADM)
     10.7 Vetoquinol
     10.8 Bupo Animal Health
     10.9 Chr. Hansen
     10.10 Novus International, Inc.
     10.11 Associated British Foods PLC
     10.12 Erber AG
     10.13 Phibro Animal Health Corporation
     10.14 Kemin Industries
     10.15 Nutreco (A Wholly Owned Subsidiary of SHV Group)
     10.16 BASF SE
     10.17 Lallemand Inc.
     10.18 Bluestar Adisseo Company
     10.19 Evonik Industries AG
     10.20 Land O’lakes, Inc.

*Details on Business Overview, Products Offered, Recent Developments & Competitive Analysis Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 153)
     11.1 Discussion Guide
     11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.3 Available Customizations
     11.4 Related Reports
     11.5 Author Details


List of Tables (115 Tables)

Table 1 Per Capita Meat Consumption of Livestock Products
Table 2 Bans on Antibiotics and Hormones, By Country and Year
Table 3 Animal Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 4 Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 5 Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 6 North America: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 7 Europe: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 8 APAC: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 9 RoW: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 10 Prebiotic & Probiotic Growth Promoters and Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 11 North America: Prebiotic & Probiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 12 Europe: Prebiotic & Probiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 13 APAC: Prebiotic & Probiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 14 RoW: Prebiotic & Probiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 15 Acidifier Growth Promoters and Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 16 North America: Acidifier Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 17 Europe: Acidifier Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 18 APAC: Acidifier Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 19 RoW: Acidifier Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 20 Phytogenic Growth Promoters and Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 21 North America: Phytogenic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 22 Europe: Phytogenic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 23 APAC: Phytogenic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 24 RoW: Phytogenic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 25 Feed Enzyme Growth Promoters and Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 26 North America: Feed Enzyme Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 27 Europe: Feed Enzyme Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 28 APAC: Feed Enzyme Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 29 RoW: Feed Enzyme Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 30 Hormonal Growth Promoters and Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 31 North America: Hormonal Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 32 Europe: Hormonal Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 33 APAC: Hormonal Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 34 RoW: Hormonal Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 35 Other Non-Antibiotic Animal Growth Promoters and Performance Enhancers, By Region, 2017–2024 (USD Million)
Table 36 North America: Other Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 37 Europe: Other Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 38 APAC: Other Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 39 RoW: Other Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 40 Percentage Sales of Antimicrobial Substances in the Us, 2017
Table 41 Antibiotics Bans & Regulations, By Country
Table 42 Antibiotic Growth Promoters and Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 43 North America: Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 44 Europe: Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 45 APAC: Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 46 RoW: Antibiotic Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 47 Animal Growth Promoters Market, By Animal Type, 2017–2024 (USD Million)
Table 48 World’s Top 15 Countries That Exported Fresh Or Chilled Chicken During 2018
Table 49 Animal Growth Promoters Market for Poultry, By Region, 2017–2024 (USD Million)
Table 50 Animal Growth Promoters Market for Swine, By Region, 2017–2024 (USD Million)
Table 51 Animal Growth Promoters Market, for Livestock, By Region, 2017–2024 (USD Million)
Table 52 Animal Growth Promoters Market for Aquatic Animals, By Region, 2017–2024 (USD Million)
Table 53 Animal Performance Enhancers Market for Other Animals, By Region, 2017–2024 (USD Million)
Table 54 Animal Performance Enhancers Market, By Region, 2017–2024 (USD Million)
Table 55 Asia Pacific: Animal Growth Promoters Market, By Country, 2017–2024 (USD Million)
Table 56 Asia Pacific: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 57 Asia Pacific: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 58 Asia Pacific: Animal Growth Promoters and Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 59 China: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 60 China: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 61 China: Market, By Animal Type, 2017–2024 (USD Million)
Table 62 India: Market, By Type, 2017–2024 (USD Million)
Table 63 India: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 64 India: Animal Growth Promoters Market, By Animal Type, 2017–2024 (USD Million)
Table 65 Japan: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 66 Japan: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 67 Japan: Animal Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 68 Australia: Animal Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 69 Australia: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 70 Australia: Animal Growth Promoters Market, By Animal Type, 2017–2024 (USD Million)
Table 71 Regulatory Scenario for Antibiotics in the RoAPAC, By Country
Table 72 RoAPAC: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 73 RoAPAC: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 74 RoAPAC: Animal Growth Promoters Market, By Animal Type, 2017–2024 (USD Million)
Table 75 North America: Animal Growth Promoters Market, By Country, 2017–2024 (USD Million)
Table 76 North America: Animal Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 77 North America: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 78 North America: Animal Growth Promoters and Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 79 US: Animal Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 80 US: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 81 US: Animal Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 82 Beef and Veal Exports By Canada Between October 2018 and October 2019
Table 83 Canada: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 84 Canada: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 85 Canada: Animal Growth Promoters Market, By Animal Type, 2017–2024 (USD Million)
Table 86 Europe: Animal Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 87 Europe: Animal Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 88 Europe: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 89 Europe: Animal Growth Promoters and Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 90 Russia: Animal Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 91 Russia: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 92 Russia: Animal Growth Promoters Market, By Animal Type, 2017–2024 (USD Million)
Table 93 RoE: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 94 RoE: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 95 RoE: Animal Growth Promoters and Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 96 RoW: Animal Growth Promoters and Performance Enhancers Market, By Country, 2017–2024 (USD Million)
Table 97 RoW: Animal Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 98 RoW: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 99 RoW: Animal Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 100 Brazil: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 101 Brazil: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 102 Brazil: Animal Growth Promoters and Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 103 RoLA: Animal Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 104 RoLA: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 105 RoLA: Animal Growth Promoters and Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 106 Middle East: Animal Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 107 Middle East: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 108 Middle East: Animal Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 109 Africa: Animal Growth Promoters Market, By Type, 2017–2024 (USD Million)
Table 110 Africa: Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2017–2024 (USD Million)
Table 111 Africa: Animal Performance Enhancers Market, By Animal Type, 2017–2024 (USD Million)
Table 112 Partnerships, Agreements, and Collaborations (2016–2019)
Table 113 Product Launches (2016–2019)
Table 114 Acquisitions (2016–2019)
Table 115 Expansions (2016–2019)


List of Figures (25 Figures)

Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Research Methodology: Hypothesis Building
Figure 4 Market Size Estimation: Animal Growth Promoters Market
Figure 5 Market Data Triangulation Methodology
Figure 6 Animal Performance Enhancers Market, By Type, 2019 vs 2024 (USD Billion)
Figure 7 Non-Antibiotic Growth Promoters and Performance Enhancers Market, By Type, 2019 vs 2024 (USD Billion)
Figure 8 Animal Performance Enhancers Market, By Animal Type, 2019 vs 2024 (USD Billion)
Figure 9 Geographical Snapshot of the Market
Figure 10 Continuous Growth in the Global Meat Demand to Drive Market Growth
Figure 11 Non-Antibiotic Growth Promoters Accounted for the Largest Share of the APAC Market in 2018
Figure 12 Europe to Witness the Highest CAGR During the Forecast Period
Figure 13 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 14 Asia Pacific Will Dominate the Animal Growth Promoters and Performance Enhancers Market During the Forecast Period
Figure 15 Asia Pacific: Animal Growth Promoters Market Snapshot
Figure 16 Europe: Animal Growth Promoters and Performance Enhancers Market Snapshot
Figure 17 Value-Based Market Shares of Key Players, 2018
Figure 18 Competitive Leadership Mapping: Animal Growth Promoters and Performance Enhancers Market
Figure 19 Royal DSM N.V.: Company Snapshot
Figure 20 Elanco Animal Health Incorporated: Company Snapshot
Figure 21 Merck & Co. Inc.: Company Snapshot
Figure 22 Archer-Daniels-Midland Company: Company Snapshot
Figure 23 Chr. Hansen: Company Snapshot
Figure 24 Associated British Foods PLC: Company Snapshot
Figure 25 Phibro Animal Health Corporation: Company Snapshot

This study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, key players, competitive landscape, key market dynamics, and key player strategies.

Secondary Research

The secondary research process involved the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B Hoovers), white papers, annual reports, company house documents, investor presentations, and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the animal growth promoters market. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology & innovation directors, and related key executives from various key companies and organizations operating in the animal performance enhancers market. The primary sources from the demand side included industry experts, such as researchers and scientists, and industry experts from medical devices companies. Primary research was conducted to validate the market segmentation, identify key players in the market, and gather insights on key industry trends & key market dynamics.

A breakdown of the primary respondents is provided below:

Animal Growth Promoters and Performance Enhancers Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The market size estimates and forecasts provided in this study are derived through a mix of the bottom-up approach (segmental analysis of major segments) and top-down approach (assessment of utilization/adoption trends, by product, animal type, and region).

Data Triangulation

After arriving at the market size, the market was divided into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments & subsegments.

Objectives of the Study

  • To define, describe, segment, and forecast the global market by type, animal type, and region
  • To provide detailed information about the factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
  • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of the market in four main regions along with their respective key countries (North America, Europe, the Asia Pacific, and the Rest of the World)
  • To profile key players in the global animal growth promoters market and comprehensively analyze their core competencies and market shares
  • To track and analyze competitive developments such as product launches, expansions, and R&D activities of the leading players in the animal performance enhancers market.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific animal market into China, India, Japan, Australia, and the Rest of APAC
  • Further breakdown of the European animal performance enhancers market into Russia and Rest of Europe
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