The Animal Growth Promoter market report considers the present scenario of the Animal Growth Promoter market and its market dynamics for the period 2019−2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study includes both the demand and supply sides of the market. It also profiles and analyzes the leading companies and several other prominent companies operating in the Animal Growth Promoter market.
This new study examines Global economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels and major industry participants. Historical data (2008, 2014 and 2018) and long-term forecasts through 2019 and 2024 are presented.
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About Animal Growth Promoter Industry
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.
The worldwide market for Animal Growth Promoter is expected to grow at a CAGR of roughly 4.4% over the next five years, will reach 10900 million US$ in 2024, from 8430 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Animal Growth Promoter in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Animal Growth Promoter market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Animal Growth Promoter market are:–
- Cargill Animal Health
Royal DSM N.V.
Elanco Animal Health
Bayer Animal Health
Merck Animal Health
Novus International, Inc.
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Production Analysis: SWOT analysis of major key players of Animal Growth Promoter industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Animal Growth Promoter Market are:
Product Segment Analysis of the Animal Growth Promoter Market is:
Prebiotics and Probiotics
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This research report consists of the world’s crucial region market share, size (volume), trends including the product profit, price, Value, production, capacity, capability utilization, supply, and demand and industry growth rate.
Geographically this report covers all the major manufacturers from India, China, USA, UK, and Japan. The present, past and forecast overview of Animal Growth Promoter market is represented in this report.
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Key Highlights of the Report:
• Historical data of Global Animal Growth Promoter Market for the Period 2015-2017
• Market Size & Forecast of Global Animal Growth Promoter Market until 2024
• Historical data of European Animal Growth Promoter Market for the Period 2015-2017
• Market Size & Forecast of European Animal Growth Promoter Revenue Market until 2024
• Historical data of North America Animal Growth Promoter Market for the Period 2015-2017
• Market Size & Forecast of North America Animal Growth Promoter Revenue Market until 2024
• Historical data of Asia & Pacific Animal Growth Promoter Market for the Period 2015-2017
• Market Size & Forecast of Asia & Pacific Animal Growth Promoter Revenue Market until 2024
• Historical data of Middle East & Africa Animal Growth Promoter Market for the Period 2015-2017
• Market Size & Forecast of Middle East & Africa Animal Growth Promoter Revenue Market until 2024
• Market Drivers and Restraints
• Players Market Share
• Key Strategic Pointers
The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Animal Growth Promoter market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Animal Growth Promoter Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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