Animal growth Promoters and performance enhancers are defined because the chemicals or drugs that help animals in growing faster by digesting their food more effectively, getting the maximum benefit out of it, and allowing the animals to become strong and healthy adults. These chemicals also protect the animal from various sorts of microbial diseases. The market is often differentiated from the idea of various sorts of animal growth promoters and performance enhancers and on the idea of animal classes. The development of this market is primarily driven by the increasing global meat demand, research into alternatives to antibiotics, and therefore the got to affect epidemics and environmental factors. Nevertheless, various countries have stringent regulations in situ against antibiotics and particular growth promoters, which has affected their adoption. The global market is segregated on the basis of Type as Antibiotic Growth Promoters and Non-antibiotic Growth Promoters. Based on Animal Type the global market is segmented in Poultry, Swine, Livestock, Aquaculture, and Other Animals.
The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Cargill, Inc., Royal DSM N.V., Elanco Animal Health Inc., Merck & Co., Inc., Alltech, Inc., Archer-Daniels-Midland Company (ADM), Vetoquinol, Bupo Animal Health, Chr. Hansen, Novus International, Inc., and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Animal Growth Promoters and Performance Enhancers market has been segmented as below:
By Type
- Antibiotic Growth Promoters
- Non-antibiotic Growth Promoters
By Animal Type
- Poultry
- Swine
- Livestock
- Aquaculture
- Other Animals
By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
By Company
- Cargill, Inc.
- Royal DSM N.V.
- Elanco Animal Health Inc.
- Merck & Co., Inc.
- Alltech, Inc.
- Archer-Daniels-Midland Company (ADM)
- Vetoquinol
- Bupo Animal Health
- Hansen
- Novus International, Inc.
- Associated British Foods PLC
- Erber AG
- Phibro Animal Health Corporation
- Kemin Industries
- Nutreco
- BASF SE
- Lallemand Inc.
- Bluestar Adisseo Company
- Evonik Industries AG
The report covers the below scope:
- Global market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2020 vs 2026, with actual data for 2020, estimates for 2021, and forecast from 2022 to 2026
- Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
- Major market opportunities and challenges in the forecast timeframe to be focused
- Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
- Comprehensive company profiles of the key industry players
The years considered for the study are as follows:
- Base year - 2020
- Estimated year - 2021
- Projected year - 2022
- Forecast period - 2022 to 2026
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers a competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the global market share. Major industry players with significant revenue share include Cargill, Inc., Royal DSM N.V., Elanco Animal Health Inc., Merck & Co., Inc., Alltech, Inc., Archer-Daniels-Midland Company (ADM), Vetoquinol, Bupo Animal Health, Chr. Hansen, Novus International, Inc., and others.
Why Buy this Report:
- Gain detailed insights on the Animal Growth Promoters and Performance Enhancers industry trends
- Find a complete analysis of the market status
- Identify the market opportunities and growth segments
- Analyze competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Target Audience:
The report targeted the existing players in the industry is as follows:
- Market Manufacturers/Service Providers
- Market Wholesale/Traders
- Investment and Financial Institutions
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