PUNE, India, May 4, 2016 /PRNewswire/ --
According to a new market research report Animal Growth Promoters & Performance Enhancers Market- [By Product (Antibiotics, Hormones, Feed Enzymes, Probiotics & Prebiotics, Organic Acids, Phytogenics) & By Animal (Poultry, Porcine, Livestock, Equine, Aquaculture)] - Global Forecast to 2020", published by MarketsandMarkets, This market is expected to reach USD 9.66 Billion by 2020 from USD 7.56 Billion in 2015, at a CAGR of 5%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302)
Browse 82 market data Tables and 43 Figures spread through 165 Pages and in-depth TOC on "Animal Growth Promoters & Performance Enhancers Market"
Early buyers will receive 10% customization on this report.
The report analyzes and studies the major market drivers, restraints/challenges, and opportunities
This report studies the global animal growth promoters and performance enhancers market for the forecast period of 2015 to 2020. This market is expected to reach USD 9.66 Billion by 2020 from USD 7.56 Billion in 2015, at a CAGR of 5%. A number of factors such as rising global meat demand, need for non-antibiotic growth promoters, rise in animal epidemic outbreaks, and demand for low-cost meat are driving the growth of this market. However, increasing awareness among consumers regarding the hazards of using antibiotic growth promoters and the ban on the use of antibiotic growth promoters in some European countries such as the U.K., Sweden, and Denmark are likely to hamper the growth of the market.
The global animal growth promoters and performance enhancers market is segmented on the basis of product, animal, and regions.
Based on product, the animal growth promoters and performance enhancers market is categorized into antibiotics, hormonal growth promoters, beta agonist growth promoters, feed enzymes, probiotics and prebiotics, organic acids, phytogenic growth promoters, and others. The antibiotic segment is expected to account for the largest share of the market in 2015. However, the feed enzymes segment is likely to grow at the highest rate during the forecast period.
Based on animal, the market is segmented into poultry, porcine, livestock, equine, aquaculture, and other animals (cats, dogs, rabbits). The poultry segment accounted for the largest share of the market in 2015. Additionally, this segment is likely to grow at the highest rate during the forecast period.
On the basis of region, the global market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (Latin America, Middle East, and Africa). In 2015, Asia-Pacific is poised to account for the largest share of the animal growth promoters and performance enhancers market, followed by North America, Europe, and the Rest of the World. The Asia-Pacific market is slated to grow at the highest CAGR and serve as a revenue pocket for companies offering animal growth promoters and performance enhancers.
Talk to our Experts: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=137134167
Prominent players in the global animal growth promoters and performance enhancers market include Cargill, Inc. (U.S.), Royal DSM N.V. (Netherlands), Zoetis, Inc. (U.S.), AB Vista (U.K.), Alltech, Inc. (U.S.), Elanco Animal Health (U.S.), Bayer Animal Health (Germany), BIOMIN Holding GmbH (Austria), Boehringer Inghelheim (Germany), Bupo Animal Health (South Africa), Chr. Hansen A/S (Denmark), Danisco A/S (Denmark), Merck Animal Health (U.S.), Novus International, Inc. (U.S.), and Vetoquinol (France).
Browse Related Reports:
Animal Antimicrobials and Antibiotics Market by Products (Tetracyclines, Penicillins, Sulfonamides, Aminoglycosides), Animals (Dog, Poultry, Swine), Mode Of Delivery (Premixes, Oral Powders and Solutions, Injections) - Global Forecasts to 2018
Animal Parasiticides Market by Product (Endoparasiticides, Ectoparasiticides, Endectocides, Oral Liquids, Tablets, Injectables, Sprays, Pour-on, Spot-on, Collars, Ear Tags) by Animal (Dogs, Cats, Cattle, Pigs, Sheep and Goats, Poultry) - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/animal-parasiticide-market-258895412.html
About MarketsandMarkets
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
+1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/biotechnology
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article