Latin America Natural Growth Promoters Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026. 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 is considered as best alternatives in animal growth. They are also termed as non-antibiotic growth promoters which reduces use of antibiotics and other medical products in livestock industry.
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 increases 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.
Drivers and Restraints of Latin America Natural Growth Promoters Market:
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 Latin America Natural Growth Promoters Market. However, lack of awareness and side-effects by using feed additives are restraining the market growth.
Latin America Natural Growth Promoters Market – By Product:
Latin America Natural Growth Promoters Market – By Application:
Geographical Analysis:
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in this market.
Major Key Players:
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