Animal Growth Promoters And Performance Enhancers Market Size, Share, Growth Analysis, By Animal Type(Poultry, Swine, Ruminant, Aquaculture), By Product(Hormonal Growth Promoters, Antibiotic Growth Promoters, Feed Enzyme Growth Promoters, Organic Acid Growth Promoters), By Region - Industry Forecast 2024-2031

Animal Growth Promoters and Performance Enhancers Market Driver

• Some of the beneficial approaches are being implemented to reduce the frequency of infections in farm animals in order to reduce the overuse of antibiotics. The popularity of organic dairy farms is rising in nations including the UK, Norway, and Sweden. To make sure that animals are independent of their moms nutritionally, immunologically, and psychologically, good weaning procedures are also being developed.
• Other factors influencing the adoption of good husbandry methods in the animal farming business is the rise in demand for organic products. The US food industry's fastest-growing segment is organic food, and sales of this type of food are increasing by double digits every year, according to the Organic Trade Association. In a similar vein, demand for organic goods is rising in European nations. Factors such as numerous food scandals and increased interest in health, environmental issues, and animal welfare have led to an increase in the demand for organic food.

Animal Growth Promoters and Performance Enhancers Market Restraint

• Growing threat of disease transmission to and from agricultural animals. The International Livestock Research Institute (ILRI) estimates that 13 zoonoses result in 2.2 million annual fatalities and 2.4 billion cases of human sickness. Infections brought on by eating undercooked meat are rather prevalent, affecting between 10% and 20% of UK citizens. The WHO estimates that each year, zoonoses cause millions of animal fatalities and approximately one billion instances of disease worldwide. Globally, zoonotic illnesses account for about 60% of new infectious diseases. In the past three decades, more than 30 novel human infections have been discovered, 75% of which have animal origins. Over 350,000 human cases of foodborne zoonotic diseases are also reported each year in the European Union, according to the European Food Safety Authority.