Animal Performance Enhancers Market size is estimated to be USD 3.1 Billion in 2024 and is expected to reach USD 5.2 Billion by 2033 at a CAGR of 6% from 2026 to 2033.
In 2022, the global animal performance enhancers market was valued at approximately USD 15.7 billion and is projected to reach around USD 22.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.3%. The Asia Pacific region held the largest market share, accounting for 36.04% of the global revenue, driven by increasing demand for animal based products and rapid urbanization. North America followed, with a market size of about USD 5.6 billion in 2022, attributed to advanced animal husbandry practices and high consumption of meat and dairy products. Europe also contributed significantly, with countries like Germany and France leading due to stringent regulations promoting the use of non antibiotic growth promoters. Opportunities in the market are expanding, particularly in the Asia Pacific region, where rapid urbanization and rising disposable incomes are increasing the demand for high quality animal protein. The shift towards sustainable and safe animal farming practices is driving the adoption of non antibiotic growth promoters, such as probiotics and phytogenics. Additionally, advancements in biotechnology and increasing awareness about animal health are encouraging the development of innovative performance enhancers, creating new avenues for market growth. citeturn0search4
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Cargill
DSM
Zoetis
AB Vista (UK)
Alltech
Elanco Animal Health
Bayer Animal Health
BIOMIN Holding GmbH (Austria)
Boehringer Inghelheim
Bupo Animal Health (South Africa)
Chr. Hansen A/S (Denmark)
DuPont Nutrition & Health
Merck Animal Health
Novus International
Vetoquinol (France)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Animal Performance Enhancers Market
Livestock
Equine
Aquaculture
Companion Animals
Hormonal Growth Promoters
Antibiotics
Probiotics
Amino Acids
Vitamins and Minerals
Weight Gain
Milk Production
Egg Production
Overall Health Improvement
Liquid
Powder
Granules
capsules/tablets
Online Retail
Offline Retail
Direct Sales
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Animal Performance Enhancers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Animal Performance Enhancers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Animal Performance Enhancers Market, By Type
6. Global Animal Performance Enhancers Market, By Application
7. Global Animal Performance Enhancers Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Animal Performance Enhancers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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