Market Research Future (Food and Beverages) Animal Growth Promoters & Performance Enhancers Ma | Page 4

Animal Growth Promoters & Performance Enhancers Market Research Report– Forecast
till 2023
3 Sample Pages
The global animal growth promoters & performance enhancers market is segmented into type and livestock.
On the basis of the type, it is segmented into antibiotics, hormones, probiotics & prebiotics, organic acids,
phytogenics, and others. Among all, the antibiotics segment is dominating the market followed by the phytogenics
segment owing to its higher use in the poultry animals for high yield, and protection from diseases.
On the basis of the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the
poultry segment is dominating the market based on increased consumption of poultry and meat products globally.
However, the swine segment is projected to witness steady growth over the forecast period owing to increasing
consumption of pork in the European countries.
Regional Analysis:
The global animal growth promoters & performance enhancers market is segmented into North America, Europe,
Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the animal growth promoters & performance
enhancers market followed by North America. In the Asia Pacific region, China is the major consumer of meat and
meat products, this is driving the growth of animal growth promoters & performance enhancers market in this region.
Furthermore, increasing consumption of poultry and meat products and rapidly growing population in developing
countries of Asia Pacific is giving a push to the growth of the animal growth promoters & performance enhancers
market.
Moreover, rising demand for growth promoting & performance enhancing additives for animals in countries like the
U.S., Canada, and Mexico in the North American region is projected to boost the animal growth promoters &
performance enhancers market during the forecast period.
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