Beta Agonist Feed Additives Market size is expected to cross USD 142 Billion by the end of 2036, growing at a CAGR of 4% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of beta agonist feed additives was over USD 89 Billion. Escalating global demand for animal protein is propelling the market’s growth. As the population burgeons and dietary preferences shift, there’s an unprecedented surge in the need for meat products. Beta agonist feed additives stand as a solution to meet this demand, enhancing feed efficiency in livestock and poultry. They facilitate rapid weight gain, augment lean muscle development, and optimize feed utilization. This pivotal role in improving production efficiency addresses the pressing need to sustainably boost animal protein output, positioning Beta-agonists as a crucial element in meeting the world’s burgeoning appetite for protein-rich food sources.
Further, beta-agonist improves feed conversion rates in animals, enabling better utilization of feed resources. About 60–80% of fed cattle in the United States are estimated to have been grown using beta-agonists. As feed cost constitute a significant a significant portion of livestock production expenses, the use of these additives to enhance efficiency becomes essential for producers, driving the beta agonist feed additives market growth.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
~ 4% |
Base Year Market Size (2023) |
~ USD 89 Billion |
Forecast Year Market Size (2036) |
~ USD 142 Billion |
Regional Scope |
|
Product (Zilpaterol, Ractopamine)
The ractopamine segment is estimated to hold 56% share of the of the global beta agonist feed additives market by 2036, because of the numerous benefits associated with the product. The amino acid ractopamine has been shown to stimulate lean muscle growth. About 80% of all beef, swine, and turkeys grown in the US are fed ractopamine (RAC). In addition, it is more efficient than zilpaterol and enables livestock to grow rapidly while consuming less feed. As a result, more lean meat is found in cattle which is projected to drive the growth of this segment over the forecast period.
Animal Type (Poultry, Cattle, Sheep, Swine, Buffalo)
The cattle segment in the beta agonist feed additives market is anticipated to garner significant revenue share. The segment will develop as a result of consumer demand for cow products, such as milk and meat, which are important sources of protein for diets. Dairy products and milk are in constant demand. Cattle therefore need to be given all the necessary minerals, trace elements, and health supplements for improved growth performance to meet the increasing demand for animal-based goods. Regular animal diets produce more, but to boost the cattle's general health and productivity, certain feed additives need to be added. All these factors are responsible for the segment’s growth.
Our in-depth analysis of the global beta agonist feed additives market includes the following segments:
Product |
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Animal Type |
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Form |
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North American Market Forecast
North America beta agonist feed additives market is poised to hold 40% of the revenue share during the forecast period. The region showcases a robust and evolving landscape driven by several factors. Beta-agonists have been approved by the US Food and Drug Administration to be used in feeding stuffs that is considered safe, this provided for a propelling impact on the industry. Further, with a well-established livestock industry, the region experiences a substantial demand for efficient feed solutions. Beta agonist additives are crucial in enhancing feed efficiency, promoting lean muscle growth, and meeting the high demand for meat products.
APAC Market Statistics
Asia Pacific beta agonist feed additives market is slated to garner significant growth by 2036. The region represents a dynamic landscape characterized by a wide range of opportunities. Rapid urbanization, burgeoning populations, and a rising middle class drive the escalating demand for protein-rich diets across the region. This surge in demand for meat products fuels the adoption of beta-agonist feed additives, aimed at enhancing livestock growth and feed regulatory. In addition, the demand for beta-agonist feed additives in this region is driven by a large number of livestock and an extensive animal feeding requirement. The demand for beta-agonist feed additives in that region is also driven by the emergence of an organized market, a high level of awareness about better animal farming practices, and rural economies.
Author Credits: Parul Atri
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