Global Animal Growth Promoter Market Research Report 2022

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.
This report is focused on various kinds of animal growth promoters, including AGPs, Prebiotics and Probiotics, Feed Enzymes and etc.
Market Analysis and Insights: Global Animal Growth Promoter Market
Due to the COVID-19 pandemic, the global Animal Growth Promoter market size is estimated to be worth US$ 10470 million in 2022 and is forecast to a readjusted size of US$ 13030 million by 2028 with a CAGR of 3.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Antibiotic accounting for % of the Animal Growth Promoter global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Livestock segment is altered to an % CAGR throughout this forecast period.

Major players

in this market include Cargill, Inc. (U.S.), Royal DSM N.V. (Netherlands), Zoetis, Inc. (U.S.), Alltech, Inc. (U.S.), Elanco Animal Health (U.S.) and some others, with about 56% market shares.
Global Animal Growth Promoter Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Animal Growth Promoter Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Antibiotic
Prebiotics and Probiotics
Feed Enzymes
Others
Segment by Application
Livestock
Aquaculture
Poultry
Others
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

Frequently Asked Questions