Overview of the Global Ionophores Market
In livestock and poultry production, ionophores are critical for improving feed efficiency and health. They are lipid-soluble compounds found in living cells or liposomes that transport ions across cell membranes. Carrier ionophores, which bind to a specific ion and shield its charge from the surrounding environment, and Channel formers, which introduce a hydrophilic pore into the membrane and are abundant proteins, are the two types of ionophores.
The market for ionophores is primarily driven by increased poultry and livestock production. Due to growing awareness among meat-eating consumers, the market is expected to grow significantly over the forecast period.
Market Trends for Ionophores Around the World
Ionophores are widely used in poultry production, which helps to boost ionophores sales.
In 2018, global poultry production was around 123 million tonnes, with more than 140 million tonnes expected in the forecast period. Coccidiosis is a disease that affects poultry all over the world, and ionophores are used to combat it. Coccidiosis is caused by a protozoan parasite that attacks the cells in the intestines of poultry, causing inflammation, diarrhoea, and affecting growth and production performance, as well as reducing feed efficiency and, in some cases, causing death. As a result, increased poultry production will necessitate a significant amount of ionophores, resulting in increased ionophores sales worldwide.
Increased Ionophore Use Due to Increased Awareness Among Meat Consuming Populations
In recent decades, the global meat-consuming population has exploded, with per capita meat consumption reaching more than 60 kilogrammes in 2019. Globally, over 350 million tonnes of meat are produced. The demand for ionophores has increased globally as a result of increased global meat consumption and increased awareness about the health of consumed meat. McDonald’s, a major consumer of livestock and meat, has banned the use of antibiotics that promote growth. Furthermore, increased consumer awareness has put pressure on large meat-consuming corporations to use healthy and natural meat in their food products.
Antibiotics that promote growth are prohibited.
Most animals, including cattle and chickens, are fed ionophores as an antibiotic and as a growth-promoting feed additive. The global growth of ionophores may be hampered by the ban on growth-promoting antibiotics in various regions. The United States, Sweden, Denmark, the Netherlands, and a number of other countries have enacted strict regulations prohibiting the use of growth-promoting antibiotics. Sweden, for example, has banned all growth-promoting antibiotics, prompting many other countries to enact similar legislation. The US Food and Drug Administration (FDA) has established a number of regulatory activities to ensure animal safety.
For List of Key Players and Full Segmentation, Ask for a Sample Report
