The Business Research Company published its Animal Growth Promoters And Performance Enhancers Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Animal Growth Promoters And Performance Enhancers market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Animal Growth Promoters And Performance Enhancers market’s segments-
1) By Type: Antibiotic Growth Promoters, Non-antibiotic Growth Promoters
2) By Animal Type: Poultry, Swine, Livestock, Aquaculture, Other Animals.
Animal Growth Promoters And Performance Enhancers Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global animal growth promoters and performance enhancers market is expected to decline from $13.05 billion in 2019 to $12.41 billion in 2020 at a compound annual growth rate (CAGR) of -4.89%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $16.09 billion in 2023 at a CAGR of 9.03%.
Companies in the market are increasingly investing in phytogenics for higher efficiency of growth promoters through natural means. Phytogenics, sometimes also referred to as botanicals or phytobiotics, are plant-based feed additives utilized in animal nutrition. They are derived from herbs, spices, and extracts. Phytochemicals can be used in solid, dried, and ground form or as extracts, and also can be classified as essential oils and oleoresins depending on the process used to derive the active ingredients. The use of phytogenics promotes increased feed intake, improved gut function, prevention of diarrhea, and antimicrobial and antioxidative effects in livestock.
Few Points From Table Of Content
1. Executive Summary
2. Animal Growth Promoters and Performance Enhancers Market Characteristics
3. Animal Growth Promoters and Performance Enhancers Market Size And Growth
4. Animal Growth Promoters and Performance Enhancers Market Segmentation
5. Animal Growth Promoters and Performance Enhancers Market Regional And Country Analysis
25. Animal Growth Promoters and Performance Enhancers Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Animal Growth Promoters and Performance Enhancers Market
27. Animal Growth Promoters and Performance Enhancers Market Trends And Strategies
28. Animal Growth Promoters and Performance Enhancers Market Future Outlook and Potential Analysis
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Animal Growth Promoters and Performance Enhancers Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 45: Merck Animal Health Financial Performance
Table 46: Cargill Financial Performance
Table 47: Royal DSM N.V. Financial Performance
Table 48: Vetoquinol S.A. Financial Performance
Table 49: Bupo Animal Health Financial Performance
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