Global Natural Growth Promoters Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Product (Acidifiers, Synbiotics, Prebiotics, Probiotics, Tannins, Feed Enzymes, Phytogenics, Immune Stimulants, Others), Application (Poultry, Aquaculture, Swine, Ruminants, Others) & Region (North America, Europe, Asia Pacific, Latin America, Middle East And Africa) - Industry Analysis From (2024 to 2029)

Updated On: January, 2024
ID: 5841
Pages: 175

Global Natural Growth Promoters Market Size (2024 to 2029):

The global natural growth promoters market size is expected to reach USD 14.76 billion in 2024 and reach USD 22.19 billion by 2029, growing at a CAGR of 5.95% from 2024 to 2029.

In livestock production, different types of promoters are added to the feed of farm animals to increase growth performance and develop animal health. These naturally occurring feed additives are referred to as natural growth promoters and are considered the best alternatives for animal growth. They are also termed non-antibiotic growth promoters, which reduce the use of antibiotics and other medical products in the 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. The combined use of probiotics and prebiotics that causes synergistic effects is referred to as Synbiotics. Tannins increase resistance against pathogens whereas feed enzymes improve the utilization of energy and nutrients. Immune stimulants function as stimulators of immunity processes, and phytogenics are responsible for increasing the palatability of the feed.

Demand for high-quality and low-priced livestock products, favorable 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 natural growth promoters market. However, lack of awareness and side-effects of using feed additives are restraining the market growth.

 REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

8.5%

Segments Covered

By Product, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Cargill Animal Health, Bayer Animal Health, Royal DSM N.V., Alltech, Inc., Yiduoli, Elanco Animal Health, Zoetis, Inc., Novozymes, Kemin, and DuPont.

 

This research report on the global natural growth promoters market is segmented and sub-segmented into the following categories.

Global Natural Growth Promoters Market – By Product:

  • Acidifiers
  • Synbiotics
  • Prebiotics
  • Probiotics                   
  • Tannins
  • Feed enzymes
  • Phytogenic
  • Immune stimulants
  • Others

Global Natural Growth Promoters Market – By Application:

  • Poultry
  • Aquaculture
  • Swine
  • Ruminants
  • Others

Global Natural Growth Promoters Market – By Region:

  • North America
  • Europe
  • Asia-Pacific
  • 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 consumers, demand for high-quality livestock products, and the presence of market leaders companies in this region. Asia-Pacific is expected to have the fastest growing rate with a high CAGR owing to the high investments by government organizations and private companies in animal healthcare and emerging economies like China and India.

KEY MARKET PLAYERS:

Key players in the global natural growth promoters market include Cargill Animal Health, Bayer Animal Health, Royal DSM N.V., Alltech, Inc., Yiduoli, Elanco Animal Health, Zoetis, Inc., Novozymes, Kemin, and DuPont.

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