Animal growth promoters and performance enhancers aid in animal growth by assisting in the efficient and effective digestion of the animal's food, allowing the animal to grow into a healthy and robust adult. According to BlueQuark the Global Animal Growth Promoters and Performance Enhancers Market is expected to grow considerably during the forecasted period. Factors such as rising meat consumption are expected to drive the Global Animal Growth Promoters and Performance Enhancers Market in the forecasted period. Further, the growing demand for animal nutrition and the ban on antibiotics in many regions are pushing players in the livestock industry and meat producers to use probiotics, expected to drive the Global Animal Growth Promoters and Performance Enhancers Market in the forecasted period. Furthermore, the demand for frozen meat and frozen meat products has risen, expected to drive the Global Animal Growth Promoters and Performance Enhancers Market in the forecasted period. However, stringent regulations imposed by governments in some countries on the usage of animal growth promoters and performance enhancers will restrict the scope of growth for this market. High costs of animal feed products, feed additives, growth promoters or performance enhancers will also challenge the Animal Growth Promoters and Performance Enhancers Market in the forecasted period.

The rising demand for the animal coupled with extra meat and fat will assist the Animal Growth Promoters and Performance Enhancers Market during the forecasted period. The need derived from these forces has put the animal growth promotor industry in an ever-expanding phase, thereby driving forward revenues. The other aspect of this high demand is the need for increased animal performance and growth rates. The industry has used various growth-promoting agents, particularly antibiotics, to achieve better and much quicker animal growth. Multiple medications and substances, such as performance boosters and growth promoters, aid animal development. Animals can digest food more efficiently and grow more quickly thanks to these enhancers, which also raise output. The market for animal growth promoters is rising primarily due to expanding demand for meat and other animal products, surging need for naturally generated growth promoters worldwide, and increasing animal diseases and climate change. Animals are given growth supplements known as animal growth promoters to help them acquire weight and develop quickly. They also boost animal productivity, such as the ruminant population's ability to produce more milk. Rising meat consumption worldwide is the key element driving the increment of the animal growth boosters market. These products protect the animals from bacterial and microbial diseases, providing immunity and resistance to diseases and disorders. Animal growth boosters help the animals gain more fat and weight, which helps in the higher amount of flesh production and helps in the higher prices selling of the animals. The reduction in cost of production, along with the growing demand for more meat and fat, will drive the growth of the animal growth promoters & performance enhancers market.

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally. Owing to the improved income levels, growing quality concerns, and the environmental impact of meat in developing countries, there has been an increase in meat consumption in India, China, Malaysia, Indonesia, and Australia. The growth promoters market in the Asia-Pacific is further driven by the rapid growth of intensive livestock production due to the shortage of land and an abundance of labour. The rising demand for animal protein sources, such as meat, milk, and eggs, is setting the onus on the livestock industry to surge production to match the global consumer demand. Livestock yields need to improve to cater to the market market. Cattle manufacturers use growth promoters to increase growth rates and enhance the quality of products and overall efficiency. Multiple compounds, including antimicrobial agents and hormones, have been tried for growth promotion. The animal growth promoters are two types, i.e., non-antibiotic and antibiotic growth promoters. The term "antibiotic growth promoter" mentions to any medical drug that kills bacteria and is given at a small, sub-therapeutic dosage. With the intensification of livestock farming, the usage of antibiotics for growth promotion has emerged. Various types of food additives for animals are known as non-antibiotic growth promoters. They are commonly seen as attractive substitutes for antibiotic growth promoters in livestock production.

Non-antibiotic growth promoters consist primarily of organic acids, prebiotics, probiotics, synbiotics, tannins, phytogenics, immune stimulants, and feed enzymes. An ongoing search for substitutes has produced an expanded variety of non-antibiotic growth promoters for pigs, poultry, ruminants, and aquatic species. Acidifiers, like organic acids or salts, are used to avoid microbial deterioration of raw materials, particularly under bad storage conditions (e.g., high mould contamination and high humidity). Probiotics are viable live microorganisms that help to grow efficient gut microflora. Probiotic bacteria counteract harmful organisms like E. Colior Salmonella by obstructing receptors on the gut wall, developing antimicrobials, or stimulating the immune system. Prebiotics are carbohydrates that are non-digestible by the host animal. Whereas They are fermented selectively by favourable gut bacteria and ultimately promote a healthy gut microflora, phytogenic produce from herbs, spices, and aromatic plants that display antimicrobial, antiviral, antioxidant or sedative effects. They are known for their appetizing products as they make the feed more delectable and activate endogenous digestive enzymes.

The market key players are BASF SE, DSM, Chr. Hansen Holding A/S, DuPont, and Cargill.

In November 2022, Cargill and CARE International signed a Memorandum of Understanding in Hanoi for a two-year program called "She Thrives." The "She Thrives" initiative aims to promote sustainable living conditions for rural smallholders, particularly women and members of ethnic minorities in Vietnam's Dak Lak province, by providing farmers and producers with the tools and resources they need to improve their livelihoods in the long term.

Global Animal Growth Promoters and Performance Enhancers Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Animal Growth Promoters and Performance Enhancers Market by segmenting based on Product (Antibiotic Growth Promoters, Hormonal Growth Promoter, Beta-Agonist Growth Promoter, Feed Enzymes Growth Promoter, Probiotic Growth Promoters, Organic Acid Growth Promoters, Phytogenic and Others), Nature of Chemicals (Microbial Products, Prebiotics and Probiotics, Yeast Products, Enzymes /herbs, Oils and Spices), Animal Type (Paediatric, Poultry, Porcine, Livestock, Equine, Aquaculture and Other Animals), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.