Global Animal Growth Promoter market cagr 9.2%

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Animal Growth Promoter Market

Animal Growth Promoter Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Animal Growth Promoter Market Size and Growth

The Animal Growth Promoter market is experiencing robust growth, driven by increasing demand for meat and dairy products. Valued at approximately $25 billion in 2023, the market is projected to expand at a CAGR of 6% through 2030, reflecting rising livestock production and advancements in feed efficiency technologies. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ Cargill Animal Health

◍ Royal DSM N.V.

◍ Elanco Animal Health

◍ Zoetis, Inc.

◍ Alltech, Inc.

◍ Bayer Animal Health

◍ Kemin

◍ Yiduoli

◍ DuPont (Danisco)

◍ Novozymes

◍ Merck Animal Health

◍ Biomin

◍ Novus International, Inc.

◍ BASF SE

◍ Chr.Hansen

The animal growth promoter market features major players like Cargill, Royal DSM, Elanco, and Zoetis, focusing on feed additives and health solutions to enhance livestock growth. Companies leverage innovation and research to drive market expansion. For instance, Bayer and Merck report significant sales, contributing to an estimated $50 billion market. Request Sample Report

Market Segmentation

By Application

Livestock

Aquaculture

Poultry

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By Product

Antibiotic

Prebiotics and Probiotics

Feed Enzymes

Market Growth

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$ X Billion USD

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