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Global Animal Growth Promoters and Performance Enhancers Market by Type (Antibiotic and Non-antibiotic (Hormones, Acidifiers, Feed Enzymes, Probiotics & Prebiotics, Phytogenic)), Animal Type (Poultry, Porcine, Livestock, Aquaculture) - Forecast to 2026

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    Report

  • 241 Pages
  • October 2021
  • Region: Global
  • Markets and Markets
  • ID: 4968541

The global animal growth promoters and performance enhancers market is projected to reach USD 21.4 billion by 2026 from USD 16.2 billion in 2021, at a CAGR of 5.7%.

Growth in the animal growth promoters and performance enhancers market is majorly driven by the rising demand for animal consumption and consumption of livestock-based products, rising global demand for naturally produced growth promoters, and rising animal epidemics and climate change.

However, a ban on antibiotics in different nations and stringent regulations restricting the use of antibiotics and hormones for growth promotion in animals are expected to restrain the growth of the animal growth promoters and performance enhancers market during the forecast period.


The non-antibiotic growth promoters and performance enhancers segment is expected to account for the largest share of the animal growth promoters and performance enhancers market

The non-antibiotic growth promoters and performance enhancers segment accounted for the largest share of the animal growth promoters and performance enhancers market in 2020. The large share of this segment can be attributed to the economic benefits of these products, the wide range of substances with applications in different production animals, environmental sustainability, and the increased number of regulations on antibiotics and hormones.


The poultry segment is expected to account for the largest share of the animal growth promoters and performance enhancers market

Based on animal type, the poultry segment accounted for the largest share of the global animal growth promoters and performance enhancers market. The large market share of this segment can be attributed to the increasing demand for poultry meat and eggs, rising novel diet approaches, and increasing antibiotic phase-outs resulting in the development of alternatives. 


Asia Pacific to dominate the animal growth promoters and performance enhancers market during the forecast period

Asia Pacific region accounted for the largest market share, followed by North America with a share in 2020. The large share of the Asia Pacific region can be attributed to the strong animal products industry in this region, huge population generating greater domestic meat demand, comparatively relaxed regulatory scenario, and government efforts to encourage animal producers.


A breakdown of the primary participants for the animal growth promoters and performance enhancers market referred to for this report is provided below:

  • By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
  • By Designation: C-level - 27%, Director Level - 18%, and Others - 55%
  • By Region: North America - 50%, Europe - 20%, Asia Pacific - 15%, and RoW - 15%

The prominent players in the animal growth promoters and performance enhancers market include Cargill, Incorporated (US), Royal DSM N.V. (Netherlands), Elanco Animal Health Incorporated (US), Boehringer Ingelheim Group (Germany), Merck & Co., Inc (US), Alltech Corporation (US), Archer-Daniels-Midland Company (ADM) (US), Vetoquinol S.A. (France), Bupo Animal Health Pty Ltd (South Africa), Novus International, Inc. (US), Associated British Foods plc (UK), Erber AG (Austria), Phibro Animal Health Corporation (US), Kemin Industries, Inc. (US), Zoetis Inc. (US), Nutreco N.V. (Netherlands), Novozymes A/S (Denmark), BASF SE (Germany), Evonik Industries AG (Germany), Bluestar Adisseo Company (China), Land O’Lakes, Inc. (US), Chr. Hansen (Denmark), Biomin Holding GmbH (Austria), Guangdong VTR Bio-Tech Co., Ltd. (China), and Lallemand Inc. (Canada).


Research Coverage

The report analyzes the market for various animal growth promoters and performance enhancers and their adoption pattern. It aims at estimating the market size and future growth potential of the global animal growth promoters and performance enhancers market and different segments such as type, animal type and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product & service offerings, and recent developments.


Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening their market presence.


This report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios offered by the top players in the global animal growth promoters and performance enhancers market
  • Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product or service launches in the global animal growth promoters and performance enhancers market
  • Market Development: Comprehensive information on the lucrative emerging regions by type, animal type, and region
  • Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the global animal growth promoters and performance enhancers market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, revenue analysis, and products & services of leading players in the global animal growth promoters and performance enhancers market.

Table of Contents

1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.2.1 Inclusion and Exclusion
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Study
1.4 Currency
1.5 Stakeholders
1.6 Summary of Changes

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insight
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Market Share Estimation
2.5 Assumptions for the Study
2.6 Limitations
2.7 Risk Assessment
2.8 Assessment of the Impact of COVID-19 on the Economic Scenario in the Animal Growth Promoters and Performance Enhancers Market

3 Executive Summary

4 Premium Insights
4.1 Animal Growth Promoters and Performance Enhancers Market Overview
4.2 Geographic Analysis: Animal Growth Promoters and Performance Enhancers Market
4.3 Animal Growth Promoters and Performance Enhancers Market: Geographic Growth Opportunities
4.4 Regional Mix: Animal Growth Promoters and Performance Enhancers Market (2019-2026)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Demand and Consumption of Livestock-Based Products
5.2.1.2 Research into Alternatives to Antibiotics and Hormones and Increasing Demand for Non-Antibiotic Growth Promoters
5.2.1.3 Rise in the Global Demand for Naturally Produced Growth Promotors
5.2.1.4 Rise in Awareness About Growth Promotors
5.2.1.5 Rise in Animal Epidemics and Climate Changes
5.2.2 Restraints
5.2.2.1 Ban on Antibiotics in Different Nations
5.2.2.2 Stringent Regulations Restricting the Use of Antibiotics and Hormones for Growth Promotion in Animals
5.2.3 Opportunities
5.2.3.1 Focus on Increasing Environment Sustainability
5.2.4 Challenges
5.2.4.1 Increasing Global Feed Tonnage and High Feed Costs Leading to the Adoption of Conventional Feeding Systems
5.2.4.2 Growing Threat of Disease Transmission to and from Agricultural Animals

6 Industry Insights
6.1 Technology Analysis
6.2 Industry Trends
6.3 Pricing Analysis
6.4 Value Chain Analysis
6.5 Ecosystem Mapping
6.6 Supply Chain Analysis
6.7 Porter's Five Forces Analysis
6.8 Regulatory Analysis
6.9 Patent Analysis
6.9.1 Patent Publication Trends for Animal Growth Promoters and Performance Enhancers Market
6.10 Trade Analysis
6.11 Impact of COVID-19 on the Endoscopy Equipment Market

7 Animal Growth Promoters and Performance Enhancers Market, by Type
7.1 Introduction
7.2 Non-Antibiotic Growth Promoters and Performance Enhancers
7.2.1 Prebiotics & Probiotics
7.2.2 Acidifiers
7.2.3 Phytogenic
7.2.4 Feed Enzymes
7.2.5 Hormones
7.2.6 Other Non-Antibiotic Growth Promoters and Performance Enhancers
7.3 Antibiotic Growth Promoters

8 Animal Growth Promoters and Performance Enhancers T Market, by Animal Type
8.1 Introduction
8.2 Poultry
8.3 Swine
8.4 Livestock
8.5 Aquatic Animals
8.6 Other Animals

9 Animal Growth Promoters and Performance Enhancers Market, by Region
9.1 Introduction
9.2 Asia-Pacific
9.2.1 Japan
9.2.2 China
9.2.3 India
9.2.4 Australia
9.2.5 RoAPAC
9.3 North America
9.3.1 US
9.3.2 Canada
9.4 Europe
9.4.1 UK
9.4.2 Germany
9.4.3 Switzerland
9.4.4 Russia
9.4.5 RoE
9.5 Latin America
9.5.1 Brazil
9.5.2 Rest Latin America
9.6 Middle East
9.7 Africa

10 Competitive Landscape
10.1 Introduction
10.2 Revenue Analysis of Key Market Players
10.3 Market Share Analysis
10.4 Competitive Scenario
10.4.1 Product Launch
10.4.2 Deals
10.4.3 Other Development
10.5 Competitive Benchmarking
10.6 Company Evaluation Matrix
10.6.1 Stars
10.6.2 Emerging Leaders
10.6.3 Pervasive Players
10.6.4 Emerging Companies
10.7 Company Leadership Mapping (SME/Start-Ups)
10.7.1 Progressive Companies
10.7.2 Starting Blocks
10.7.3 Responsive Companies
10.7.4 Dynamic Companies
10.8 R&D Expenditure Assessment of Key Players
10.9 Geographical Revenue Assessment of Key Players

11 Company Profiles
11.1 Key Players
11.1.1 Cargill, Inc.
11.1.2 Royal DSM N.V.
11.1.3 Elanco Animal Health Inc.
11.1.4 Boehringer Ingelheim International GmbH
11.1.5 Merck & Co. Inc.
11.1.6 Alltech, Inc.
11.1.7 Archer-Daniels-Midland Company (ADM)
11.1.8 Vetoquinol
11.1.9 Bupo Animal Health
11.1.10 Novus International, Inc.
11.2 Other Players
11.2.1 Associated British Foods plc
11.2.2 Erber AG
11.2.3 Phibro Animal Health Corporation
11.2.4 Kemin Industries Inc.
11.2.5 Zoetis, Inc.
11.2.6 Nutreco N.V. (A Wholly Owned Subsidiary of SHV Group)
11.2.7 Novozymes A/S
11.2.8 BASFSE
11.2.9 Evonik Industries AG
11.2.10 Bluestar Adisseo Company
11.2.11 Land O’Lakes, Inc.
11.2.12 Chr. Hansen
11.2.13 Biomin Holding GmbH
11.2.14 Guangdong VTR Bio-Tech Co. Ltd.
11.2.15 Lallemand Inc.

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: The Subscription Portal
12.3 Available Customizations


Executive Summary

Companies Mentioned

  • Alltech Corporation (US)
  • Archer-Daniels-Midland Company (ADM) (US)
  • Associated British Foods plc (UK)
  • BASF SE (Germany)
  • Biomin Holding GmbH (Austria)
  • Bluestar Adisseo Company (China)
  • Boehringer Ingelheim Group (Germany)
  • Bupo Animal Health Pty. Ltd. (South Africa)
  • Cargill Incorporated (US)
  • Chr. Hansen (Denmark)
  • Elanco Animal Health Incorporated (US)
  • Erber AG (Austria)
  • Evonik Industries AG (Germany)
  • Guangdong VTR Bio-Tech Co. Ltd. (China)
  • Kemin Industries Inc (US)
  • Lallemand Inc. (Canada)
  • Land O’Lakes Inc. (US)
  • Merck & Co. Inc. (US)
  • Novozymes A/S (Denmark)
  • Novus International Inc. (US)
  • Nutreco N.V. (Netherlands)
  • Phibro Animal Health Corporation (US)
  • Royal DSM N.V. (Netherlands)
  • Vetoquinol S.A. (France)
  • Zoetis Inc. (US)

Table Information