Asia-Pacific natural growth promoters market is expected to reach USD 19.01 billion in 2024 and reach USD 25.43 billion by 2029, growing at a CAGR of 6% 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 to develop 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 Asia-Pacific Natural Growth Promoters Market. However, lack of awareness and side-effects of using feed additives are restraining the market growth.
This research report on the Asia Pacific natural growth promoters market is segmented and sub-segmented into the following categories:
Asia-Pacific Natural Growth Promoters Market – By Product:
Asia-Pacific Natural Growth Promoters Market – By Application:
Asia-Pacific Natural Growth Promoters Market – By Country:
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. 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 Asia-Pacific 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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