Transparency Market Research Report Added "Animal Growth Promoters and Performance Enhancers Market" to its database.

Albany, NY -- (SBWire) -- 02/15/2016 --A new featured report from Transparency Market Research (TMR), titled "Animal Growth Promoters and Performance Enhancers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020," provides the latest insights into the market with valuable forecasts.

The research report offers a detailed segmentation of the global animal growth promoters and performance enhancers market. By type, the global animal growth promoters and performance enhancers market is segmented into enzymes, yeast products, prebiotics and probiotics, microbial products, and herbs, oils, and spices. Presently, the microbial products segment dominates the global animal growth promoters and performance enhancers market due to their role in destroying or inhibiting bacterial growth.

On the basis of animal class, the global animal growth promoters and performance enhancers market is divided into equine, porcine, poultry, aquaculture, and livestock. The livestock and poultry segments are leading the global animal growth promoters and performance enhancers market due to the rising demand for meat observed worldwide.

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According to region, the global animal growth promoters and performance enhancers market is classified into Europe, Asia Pacific, North America, and Rest of the World (RoW). Each segment of the global animal growth promoters and performance enhancers market is evaluated in the report with its growth trends. In addition to this, the global animal growth promoters and performance enhancers market report also offers forecasts for these segments for the period from 2014 to 2020.

Animal growth promoters and performance enhancers are chemicals or drugs that help animals grow faster by enhancing their metabolism. These products allow animals to get maximum nutrition from their food and to thus develop better and healthier. Furthermore, these chemicals also protect them from various types of microbial diseases. The several benefits associated with animal growth promoters and performance enhancers will have a positive impact on the market.

Other factors that will drive the global animal growth promoters and performance enhancers market include the increase in the yield of products such as milk, wool, and eggs. Furthermore, the rising demand for meat worldwide is another major factor driving the global animal growth promoters and performance enhancers market among livestock and poultry animals. Animal growth promoters and performance enhancers aid animals in gaining weight and fat, which drives meat production.

Nevertheless, the market is suppressed by the stringent regulations set by the government in the U.S. and several countries in Europe against the use of products such as animal growth promoters and performance enhancers. This strict regulatory scenario has led to a decline in the sales of microbial animal growth promoters and performance enhances, particularly in European nations due to regulations implemented by the European Food Safety Authority (EFSA).

The global animal growth promoters and performance enhancers market is dominated by several multinational corporations. The key players operating in the global animal growth promoters and performance enhancers market are Bayer AG, Eli Lilly and Company, Cargill, Inc., and Merck & Co.

By Animal Class,
Livestock
Aquacultureh
Poultry
Porcine
Equine

By Type,
Microbial products
Prebiotics and Probiotics
Yeast Products
Enzymes
Herbs, oils and spices

By Geography,
North America
Asia Pacific
Europe
Rest of the World

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