The Animal Growth Promoters And Performance Enhancers Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Animal Growth Promoters And Performance Enhancers Market?
The market for animal growth promoters and performance enhancers has seen substantial growth lately. The market size is projected to increase from $15.17 billion in 2024 to $16.19 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Animal Growth Promoters And Performance Enhancers Industry?
The Animal Growth Promoters And Performance Enhancers Global Market is projected to reach $20.85 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.5%.
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What are the Key Growth Drivers Fueling the Animal Growth Promoters And Performance Enhancers Market?
The key drivers in the animal growth promoters and performance enhancers market are:
• Rising demand for antibiotic reduction in animal products
• Adoption of sustainable agricultural practices
• Increased use of nutritional enhancers for animals
• Growing interest in customized animal nutrition solutions
Global Market Segmentation: Identifying Major Animal Growth Promoters And Performance Enhancers Industry Segments
The animal growth promoters and performance enhancers market covered in this report is segmented –
1) By Type: Antibiotic Growth Promoters, Non-Antibiotic Growth Promoters
2) By Animal Type: Poultry, Swine, Livestock, Aquaculture, Other Animals
3) By Nature of Chemicals: Microbial Products, Prebiotics And Probiotics, Yeast Products, Enzymes/Herbs, Oils And Spices
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What are the Emerging Trends Shaping the Future of the Animal Growth Promoters And Performance Enhancers Market?
The key trends in the animal growth promoters and performance enhancers market are:
• The trend towards phytogenic and natural additives is emerging in the market.
• Antibiotic reduction is a significant trend gaining traction.
• Nutritional additives are being increasingly used in the industry.
• The market is moving towards hormone-free and steroid-free meat production.
Who Are the Top Competitors & Leading Players in the Animal Growth Promoters And Performance Enhancers Market?
Major companies in the animal growth promoters and performance enhancers market are:
• Merck and Co. Inc.
• Cargill Inc.
• Royal DSM N.V.
• Vetoquinol S.A.
• Bupo Animal Health
• Elanco Animal Health Inc.
• Alltech Biotechnology Pvt. Ltd.
• Bayer HealthCare Animal Health Inc.
• Zoetis Inc.
• Bioniche Life Sciences Inc.
• Danisco A/S
• Du Pont De Nemours and Company
• C.H. Boehringer Sohn AG & Co. KG
• Associated British Foods plc
• Biomin Holding GmbH
• Chr. Hansen A/S
• Novus International Inc.
• Intervet Inc.
• Hipra India Pvt. Ltd.
• Kepro Technologies Private Limited
• Pancosma S.A.
• Provimi Holding B.V.
• Trouw Nutrition International B.V.
• Zagro Asia Limited
• Biostadt India Limited
• ECO Animal Health Group plc
• Heska Corporation
• IDEXX Laboratories Inc.
• Kyoritsu Seiyaku Corporation
• Neogen Corporation
Regional Dominance: Which Area Leads the Global Animal Growth Promoters And Performance Enhancers Market?
North America was the largest region in the animal growth promoters and performance enhancers market in 2023
