The Market Reports

Synopsis

The global market for Animal Growth Promoter was estimated to be worth US$ 10820 million in 2024 and is forecast to a readjusted size of US$ 13910 million by 2031 with a CAGR of 3.7% during the forecast period 2025-2031.

Animal growth promoters are substances used to enhance the growth rate, feed efficiency, and overall production performance of animals. The product range of growth promoters mainly includes hormones, antibiotics, beta-agonists, and enzymes. These substances work on various physiological mechanisms within the animal’s body, thereby accelerating the growth process or improving their health condition. Common animal growth promoters include growth hormones, feed antibiotics, and lean meat hormones.

1. Hormonal Substances: Such as growth hormones (e.g., recombinant bovine growth hormone), which help improve the growth rate and muscle mass of animals.
2. Antibiotics: Used to enhance immunity, reduce disease occurrence, and indirectly improve growth efficiency.
3. Beta-Agonists: Such as clenbuterol, which promote fat breakdown in the animal’s body, reduce fat accumulation, and increase lean meat proportion.
4. Enzyme Preparations: These help improve the digestive absorption ability of animals, enhancing feed utilization and indirectly promoting growth.

Animal growth promoters are widely used in the livestock industry, especially in the farming of poultry, pigs, and cattle. Their main function is to increase production efficiency and reduce feeding costs. However, with the growing consumer health awareness and concerns about food safety, the use of animal growth promoters has come under increasing scrutiny and regulation.

The market for animal growth promoters is experiencing significant growth opportunities due to factors such as the increasing global population and rising demand for high-quality animal protein. Below are some key drivers and trends:

1. Market Development Opportunities and Key Drivers:
Global Food Demand Growth: The increase in global population has led to a rise in the demand for animal protein, which in turn boosts the consumption of meat and dairy products, driving the expansion of the animal growth promoter market.
Need for Improved Farming Efficiency: The livestock industry is under pressure to improve efficiency and reduce costs, and the use of animal growth promoters can help enhance productivity with limited resources.
Technological Advancements: With the continuous development of genetic engineering and biotechnology, new growth promoters and more precise feed additives are emerging, further driving market growth.

2. Market Risks:
Antibiotic Resistance: The use of antibiotics as growth promoters can lead to the development of antibiotic resistance, which poses a risk to public health. Many countries have implemented stricter regulations on antibiotic use.
Consumer Health and Food Safety Concerns: Consumers are cautious about the safety and potential health impacts of growth promoters (especially hormones and antibiotics), which may influence market demand.

3. Market Concentration: The market for animal growth promoters is relatively concentrated, with a few large chemical and biotechnology companies dominating the sector. These companies have strong competitive advantages in terms of technology development, product innovation, and market promotion.

4. Downstream Demand Trends:
Demand for Meat and Dairy Products: As the middle class grows and the demand for high-protein foods increases, the demand for meat and dairy products continues to rise, directly driving the demand for animal growth promoters.
Growing Demand for Natural and Additive-Free Products: More consumers are choosing products that are free from antibiotics and hormones, which impacts the use of growth promoters in the market and has led to the development of natural alternatives.

5. Latest Technologies:
Gene Editing Technologies: Technologies like CRISPR are being used to develop more targeted growth promoters or technologies that enhance animal immunity.
Biological Feed Additives: As environmental and health concerns rise, the application of biological feed additives (such as probiotics and enzymes) is increasing, presenting potential alternatives to traditional chemical growth promoters.

This report aims to provide a comprehensive presentation of the global market for Animal Growth Promoter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Animal Growth Promoter by region & country, by Type, and by Application.
The Animal Growth Promoter market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Animal Growth Promoter.

Market Segmentation

By Company

• Cargill Animal Health
• Royal DSM N.V.
• Elanco Animal Health
• Zoetis, Inc.
• Alltech, Inc.
• Bayer Animal Health
• Kemin
• VTR BIOTECH
• DuPont Animal Nutrition
• Novozymes
• Merck Animal Health
• Biomin
• Novus International, Inc.
• BASF SE
• Chr.Hansen
• New Hope Liuhe
• China National Veterinary Drug Group Corporation
• Jinxinnong
• Haida Group
• Shen Nong Development
• Zhengbang Technology

Segment by Type

• Hormonal Substances
• Antibiotics
• Enzyme Preparations
• Others

Segment by Application

• Pig Farming
• Cattle and Sheep
• Aquaculture
• Poultry
• Others

By Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Animal Growth Promoter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Animal Growth Promoter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Animal Growth Promoter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.