DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6p5m27/animal_growth) has announced the addition of the "Global Animal Growth Promoters and Performance Enhancers Market Report 2014-2018" report to their offering.
Antibiotics was the largest segment of the animal growth promoters market and was valued at $4,489.7 million in 2013
However, feed enzymes are expected to grow at the fastest rate owing to the increasing popularity and demand for alternatives to antibiotic and hormonal growth promoters.
The animal growth promoters and performance enhancers market is segmented into antibiotics/antimicrobials, probiotics and prebiotics, organic acids, feed enzymes, hormonal growth promonants, ß-agonists, phytogenics, and others. These growth promoters are used in the animal feed to increase their growth and to enhance their performance. The animal growth promoters and performance enhancers market, by animal industry is segmented into porcine, poultry, livestock, equine, and aquaculture.
The porcine industry made use of the largest amount of growth promoters, in 2013, followed by poultry and livestock. The changing consumption trend globally is likely to increase the demand for pork meat, thus making more use of the growth promoters.
Countries such as Brazil, Australia, and New Zealand in the RoW region are also expected to witness growth in this market, owing to very little regulations on the use of growth promoters in animals and the increasing meat demand.
The global animal growth promoters and performance enhancers market witness's high competitive intensity as there are many big and small firms with similar product offerings. These companies adopt various strategies to increase their market share and to establish a strong foothold in the global market. However, increasing awareness amongst consumers regarding the hazards of using antibiotic growth promoters and their ban are likely to hamper the growth of this market.
The report extensively covers the animal growth promoters and performance enhancers market (products and animals).
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Animal Performance Enhancers Market, By Product
5 Global Animal Performance Enhancers Market, By Animal
6 Geographic Analysis
7 Competitive Landscape
8 Company Profiles
- Bayer Animal Health (A Subsidiary of Bayer Ag)
- Biomin Holding Gmbh
- Bioniche Animal Health (A Division of Bioniche Life Sciences, Inc.)
- Boehringer Ingelheim
- Bupo Animal Health (PTY)
- Cargill, Inc.
- Elanco Animal Health (A Division of Eli Lilly and Company)
- Merck Animal Health (A Subsidiary of Merck & Co., Inc.)
- Royal Dsm N.V.
- Zoetis, Inc.
For more information visit http://www.researchandmarkets.com/research/6p5m27/animal_growth