Global Animal Growth Promoter Market Growth 2023-2029

Global Animal Growth Promoter Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Animal Growth Promoter Industry Forecast” looks at past sales and reviews total world Animal Growth Promoter sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Growth Promoter sales for 2023 through 2029. With Animal Growth Promoter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Growth Promoter industry.

This Insight Report provides a comprehensive analysis of the global Animal Growth Promoter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Growth Promoter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Animal Growth Promoter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Growth Promoter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Growth Promoter.

The global Animal Growth Promoter market size is projected to grow from US$ 9851 million in 2022 to US$ 12820 million in 2029; it is expected to grow at a CAGR of 12820 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Growth Promoter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Antibiotic

Prebiotics and Probiotics

Feed Enzymes

Others

Segmentation by application

Livestock

Aquaculture

Poultry

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Animal Growth Promoter market?

What factors are driving Animal Growth Promoter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Animal Growth Promoter market opportunities vary by end market size?

How does Animal Growth Promoter break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.