Dublin, Feb. 09, 2023 (GLOBE NEWSWIRE) -- The "Animal Growth Promoters and Performance Enhancers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Animal Growth Promoters and Performance Enhancers estimated at US$15.7 Billion in the year 2022, is projected to reach a revised size of US$22.1 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.
Non-Antibiotic, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$16.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Antibiotic segment is readjusted to a revised 3.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 4% CAGR
The Animal Growth Promoters and Performance Enhancers market in the U.S. is estimated at US$4.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2030 trailing a CAGR of 4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
Select Competitors (Total 14 Featured) -
- AB Vista
- Alltech, Inc.
- Bayer Animal Health GmbH
- Biomin Holding GmbH
- Boehringer Ingelheim International GmbH
- Bupo Animal Health
- Cargill, Inc.
- Chr. Hansen Holding A/S
- Elanco Animal Health
- Merck Animal Health
- Novus International, Inc.
- Royal DSM NV
- Vetoquinol S.A.
- Zoetis, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 182 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $15.7 Billion |
| Forecasted Market Value (USD) by 2030 | $22.1 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Animal Growth Promoters & Performance Enhancers: An Insight
- Animal Growth Promoters & Performance Enhancers - Global Key Competitors Percentage Market Share in 2022 (E)
- Global Probiotics in Animal Feed Market: Percentage Breakdown of Volume Sales by Leading Players
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increased Demand for Meat and Meat Products Drives the Market
- Stringent Regulatory Framework for Using Antibiotics as Growth Promoter Hinders the Market Growth
- Growing Awareness about Benefits of Using Animal Growth Promoters & Performance Enhancers Propels the Market
- China: Leading the Asia-Pacific Market
- Microbial Products as Growth Promoters Gains Traction from Livestock Farming
- Rising Production of Products from Livestock and Poultry Classes Attract Huge Demand for Animal Growth Promoters & Performance Enhancers
- R&D for Developing Natural Growth Promoters & Performance Enhancers: A Major Opportunity
- With Rise in Growth Opportunities, the Market Set to Witness New Entrants
- PRODUCT OVERVIEW
- Animal Growth Promoters & Performance Enhancers: An Introduction
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ad94b1-growth?w=12
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