Natural Growth Promoters Marketwas worth USD xx billion in 2020 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2025. In livestock production, different types of promoters are added in the feed of farm animals to increase growth performance and develop animal health. These naturally occurring feed additives are referred as the natural growth promoters that are considered as best alternatives in animal growth. They are also termed as non-antibiotic growth promoters which reduce use of antibiotics and other medical products in livestock industry.
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On the basis of mode of action, there are different kinds of natural growth promoters. Acidifiers are used to prevent microbial degradation of animal feed. Probiotics and Prebiotics are used for the development of a beneficial gut microflora. Combined use of probiotics and prebiotics that causes synergistic effects is referred as Synbiotics. Tannins increase resistance against pathogens whereas feed enzymes improve the utilization of energy and nutrients. Immune stimulants functions as stimulator of immunity processes and phytogenics are responsible for increasing the palatability of the feed.
Demand for the high quality and low-priced livestock products, favourable alternatives for the antibiotic growth promoters, improved feed efficiency and hygiene, growing awareness for greater poultry health and welfare, reduced environmental impact, lower mortality rates and higher profitability, increase in disposable income and increased funding in the animal healthcare are propelling for the growth of the Global Natural Growth Promoters Market. However, lack of awareness and side-effects by using feed additives are restraining the market growth
The Global Natural Growth Promoters Market is segmented on the basis of
- Feed enzymes
- Immune stimulants
- North America
- Latin America
- Middle-East & Africa
North America is projected to have the largest share in terms of revenue due to the rise in awareness among the consumers, demand for the high-quality livestock products and presence of market leaders companies in this region. Asia-Pacific is expected to have the fastest growing rate with high CAGR owing to the high investments by the government organizations and private companies in the animal healthcare and emerging economies like China and India.
Major key players:
Key players in the Global Natural Growth Promoters Market includes Cargill Animal Health, Bayer Animal Health, Royal DSM N.V., Alltech, Inc., Yiduoli, Elanco Animal Health, Zoetis, Inc., Novozymes, Kemin and DuPont.