Pune, India -- (SBWire) -- 01/16/2018 --Global Animal Growth Promoters & Performance Enhancers Market Analysis Report is a compilation of the several factors driving and restraining this market along with a through run-down of the sales volume of each product within carefully categorized sub-segments of the market.
The Global Animal Growth Promoters & Performance Enhancers Market Size is accounted for USD 7.94 billion in 2016 growing at a CAGR of 5.0% during the forecast period of 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
Top Competitors:
- Vetoquinol India Animal Health Pvt Ltd,
- NOVUS INTERNATIONAL,
- Merck & Co. Inc.,
- DuPont,
- Hansen Holding A/S,
- Bupo Animal Health (Pty) Ltd,
- Boehringer Ingelheim GmbH,
- BIOMIN Holding GmbH,
- Elanco,
- Alltech,
- Zoetis,
- DSM,
- Cargill,
- Incorporated,
- Bayer AG
- among others.
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Market Definition:
Animal growth promoters & performance enhancers are nutritional products which help to promote the growth of animals as well as enhance the performance.
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
Competitive Analysis:
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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Market Segmentation:
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,
- Europe,
- Asia-Pacific
- Middle East & Africa.
Key Questions Answered in Global Animal Growth Promoters & Performance Enhancers Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Animal Growth Promoters & Performance Enhancers Market in 2024?
What are the key factors driving, Analysis by Applications and Global Animal Growth Promoters & Performance Enhancers Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Animal Growth Promoters & Performance Enhancers Market?
Who are Opportunities, Risk and Driving Force of Global Animal Growth Promoters & Performance Enhancers Market?
Who are the opportunities and threats faced by the vendors in Global Animal Growth Promoters & Performance Enhancers Market?
What are the Global Animal Growth Promoters & Performance Enhancers Market opportunities, market risk and market overview of the Market?
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Animal Growth Promoters & Performance Enhancers Market Growing at a CAGR of 5.0% by Focusing on Top Companies, Trends, Growth Factors and Forecasts 2024
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