Global Animal Growth Promoters Market 2022-2026

Global Animal Growth Promoters Market 2022-2026

Technavio has been monitoring the animal growth promoters market and it is poised to grow by $ 3.96 bn during 2022-2026, decelerating at a CAGR of 5.6% during the forecast period. Our report on the animal growth promoters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global meat consumption, need to protect humans from animal-food-related diseases, and increasing product launches.

The animal growth promoters market analysis includes the animal type segment and geographic landscap/=e.

Technavio's animal growth promoters market is segmented as below:

By Animal Type

• Poultry
• Livestock
• Swine
• Others

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• The Middle East and Africa

This study identifies the increasing demand for natural growth promoters as one of the prime reasons driving the animal growth promoters market growth during the next few years. Also, increasing M&A activities and geographical expansion of vendors will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the animal growth promoters market covers the following areas:

• Animal growth promoters market sizing
• Animal growth promoters market forecast
• Animal growth promoters market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading animal growth promoters market vendors that include Alltech Inc., Archer Daniels Midland Co., Associated British Foods Plc, BASF SE, Bluestar Adisseo Co., Bupo Animal Health Pty Ltd., C. H. Boehringer Sohn AG and Co. KG, Cargill Inc., Chr Hansen Holding AS, Elanco Animal Health Inc., Evonik Industries AG, Kemin Industries Inc., Koninklijke DSM NV, Merck KGaA, Novozymes AS, Novus International Inc., Nutreco NV, Phibro Animal Health Corp., Vetoquinol SA, and Zoetis Inc. Also, the animal growth promoters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.