Complete report is available @ http://www.reportsnreports.com/reports/282230-animal-growth-promoters-and-performance-enhancers-market-by-segment-antibiotics-growth-hormones-feed-enzymes-organic-acids-probiotics-and-prebiotics-a-agonists-phytogenics-by-animals-porcine-poultry-aquaculture-global-forecasts-to-2018.html .
The animal growth promoters and performance enhancers market is segmented into antibiotics/antimicrobials, probiotics and prebiotics, organic acids, feed enzymes, hormonal growth promonants, β-agonists, phytogenics, and others. These growth promoters are used in the animal feed to increase their growth and to enhance their performance. The animal growth promoters and performance enhancers market, by animal industry is segmented into porcine, poultry, livestock, equine, and aquaculture.
Antibiotics was the largest segment of the animal growth promoters market and was valued at $4,489.7 million in 2013. However, feed enzymes are expected to grow at the fastest rate owing to the increasing popularity and demand for alternatives to antibiotic and hormonal growth promoters.
There are little or no regulations on the use of animal growth promoters in most Asian countries resulting in the widespread use of antibiotic and hormonal growth promoters in the animal husbandry. China is one of the largest producers and consumers of in-feed antibiotics globally. In addition, U.S. also makes use of growth promoters on a large scale and is one of the highest consumers of antibiotic growth promoters. However, many countries including the EU-27 and South Korea have banned the use of antibiotic growth promoters. In addition, many other countries are likely to follow suit. This is likely to increase the demand for alternative growth promoters such as feed enzymes, organic acids, and probiotics and prebiotics, among others. However, Russia continues to make large use of antibiotic growth promoters leading to the further growth of this market.
