Ionophores plays an essential role in enhancing feed efficiency and health in livestock and poultry production. They are lipid-soluble compounds that transport ions across a cell membrane found in living cells or liposomes. They are generally classified into two types including Carrier ionophores which binds to a specific ion and shield its charge from surrounding environment and Channel formers which introduces a hydrophilic pore into the membrane and these ionophores are abundant proteins.The Ionophores market is primarily driven by increased production of poultry and livestock. The market is expected to showcase significant growth in the forecast period due to growing awareness amongst the meat consuming consumers. However, regulation and compliance on the use of growth promoter antibiotics in the food and beverage industry have the potential to hampers the growth of the market