"Global Poultry Growth Promoters and Performance Enhancers Market – Industry Trends and Forecast to 2028
Global Poultry Growth Promoters and Performance Enhancers Market, By Product (Antibiotic Growth Promoters Hormonal Growth Promoter, Beta-Agonist Growth Promoter, Feed Enzymes Growth Promoter, Probiotic Growth Promoter, Organic Acid Growth Promoter, Phytogenic, Others), Nature of Chemicals (Microbial Products, Prebiotics and Probiotics, Yeast Products, Enzymes /herbs, Oils and Spices), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
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The poultry growth promoters and performance enhancers market will reach at an estimated value of USD 12.3 billion by 2028 and is expected to grow at a CAGR of 5.50% in the forecast period 2021 to 2028. Increase in animal epidemics and climate changes is the major factor driving the growth of trace minerals in poultry growth promoters and performance enhancers market in the forecast period of 2021-2028.
**Segments**
- **Product Type**: The poultry growth promoters and performance enhancers market can be segmented based on product type into antibiotics, vitamins, feed enzymes, antioxidants, amino acids, and probiotics. Antibiotics are widely used in the poultry industry to promote growth and prevent diseases. Vitamins play a crucial role in enhancing performance and overall health of poultry. Feed enzymes help in improving nutrient absorption and feed efficiency. Antioxidants are essential to combat oxidative stress in poultry. Amino acids are building blocks for protein synthesis, crucial for growth. Probiotics contribute to gut health and improve immune function in poultry.
- **Application**: Another important segmentation of the market is based on application, which includes broilers, layers, turkey, and others. Different types of growth promoters and performance enhancers are utilized for various poultry applications based on their specific requirements. Broilers are primarily focused on fast growth and weight gain, requiring performance enhancers to meet market demands. Layers need specific nutrients to support egg production and overall health. Turkey production also has distinct needs in terms of growth promotion and performance enhancement.
- **Form**: The market can also be segmented based on form, including dry and liquid forms of growth promoters and performance enhancers. These forms offer different advantages in terms of ease of handling, mixing with feed, and absorption in poultry. Some products are available in both dry and liquid forms to cater to the diverse preferences of poultry farmers and feed manufacturers.
**Market Players**
- **Zoetis**
- **Elanco**
- **Cargill**
- **DSM**
- **Evonik Industries**
- **ADM Animal Nutrition**
- **Alltech**
- **Chr. Hansen Holding A/S**
- **Kemin Industries, Inc.**
- **Phibro Animal Health Corporation**
These market players are key stakeholders in the poultry growth promoters and performance enhancers market, offering a wide range of products and solutions to enhance poultry health and productivity. Their strategic initiatives, research andThe global poultry growth promoters and performance enhancers market is witnessing significant growth due to the rising demand for poultry products, driven by increasing consumer awareness regarding the health benefits of poultry meat and eggs. The market segmentation based on product type highlights the diverse range of growth promoters and performance enhancers available in the market. Antibiotics play a crucial role in maintaining poultry health and promoting growth, although their usage has faced scrutiny due to concerns about antibiotic resistance. Vitamins, feed enzymes, antioxidants, amino acids, and probiotics offer natural alternatives to antibiotics, supporting various aspects of poultry health and performance.
The application-based segmentation of the market reflects the specific requirements of different poultry segments. Broilers, focused on rapid growth and weight gain, rely on growth promoters to meet market demands efficiently. Layers, on the other hand, require a tailored approach to support egg production and overall health, emphasizing the importance of nutrient-dense supplements. Turkey production presents its unique challenges, necessitating targeted growth promoters and enhancers to optimize performance outcomes. Understanding these diverse needs is crucial for market players to develop effective products that cater to specific poultry applications.
The form-based segmentation of the market into dry and liquid forms offers insights into the preferences of poultry farmers and feed manufacturers. The availability of growth promoters and performance enhancers in different forms provides flexibility in handling, mixing with feed, and enhancing absorption in poultry. Market players offering products in both dry and liquid forms cater to the varied requirements of end-users, enhancing convenience and suitability for different production systems. This segmentation underscores the importance of product formulation and delivery methods in driving market adoption and customer satisfaction.
Market players such as Zoetis, Elanco, Cargill, DSM, Evonik Industries, ADM Animal Nutrition, Alltech, Chr. Hansen Holding A/S, Kemin Industries, Inc., and Phibro Animal Health Corporation are vital contributors to the growth promoters and performance enhancers market. These key stakeholders leverage their expertise in research, development, and distribution to provide innovative solutions that**Segments**
- **Product Type**: The poultry growth promoters and performance enhancers market can be segmented based on product type into antibiotics, vitamins, feed enzymes, antioxidants, amino acids, and probiotics. Antibiotics are widely used in the poultry industry to promote growth and prevent diseases. Vitamins play a crucial role in enhancing performance and overall health of poultry. Feed enzymes help in improving nutrient absorption and feed efficiency. Antioxidants are essential to combat oxidative stress in poultry. Amino acids are building blocks for protein synthesis, crucial for growth. Probiotics contribute to gut health and improve immune function in poultry.
- **Application**: Another important segmentation of the market is based on application, which includes broilers, layers, turkey, and others. Different types of growth promoters and performance enhancers are utilized for various poultry applications based on their specific requirements. Broilers are primarily focused on fast growth and weight gain, requiring performance enhancers to meet market demands. Layers need specific nutrients to support egg production and overall health. Turkey production also has distinct needs in terms of growth promotion and performance enhancement.
- **Form**: The market can also be segmented based on form, including dry and liquid forms of growth promoters and performance enhancers. These forms offer different advantages in terms of ease of handling, mixing with feed, and absorption in poultry. Some products are available in both dry and liquid forms to cater to the diverse preferences of poultry farmers and feed manufacturers.
**Global Poultry Growth Promoters and Performance Enh
Core Objective of Poultry Growth Promoters and Performance Enhancers Market:
Every firm in the Poultry Growth Promoters and Performance Enhancers Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Poultry Growth Promoters and Performance Enhancers Market and growth rate factors.
- Important changes in the future Poultry Growth Promoters and Performance Enhancers Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Poultry Growth Promoters and Performance Enhancers Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Poultry Growth Promoters and Performance Enhancers top manufacturers profile and sales statistics.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Poultry Growth Promoters and Performance Enhancers Market
Chapter 3: Regional analysis of the Global Poultry Growth Promoters and Performance Enhancers Market industry
Chapter 4: Poultry Growth Promoters and Performance Enhancers Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Regional Analysis for Poultry Growth Promoters and Performance Enhancers Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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