PUBLISHER: TechSci Research | PRODUCT CODE: 1771098
PUBLISHER: TechSci Research | PRODUCT CODE: 1771098
We offer 8 hour analyst time for an additional research. Please contact us for the details.
The Global Animal Growth Promoters and Performance Enhancers Market was valued at USD 18.12 billion in 2024 and is projected to reach USD 27.12 billion by 2030, registering a CAGR of 6.91%. This market is poised for steady expansion, driven by the increasing prevalence of animal diseases, the rising incidence of zoonotic infections, and the growing demand for healthier livestock. As consumer demand for meat, dairy, and other animal-derived products continues to rise-particularly in developing regions-livestock producers are turning to performance enhancers to improve feed efficiency, promote faster growth, and maintain animal health.
Market Overview | |
---|---|
Forecast Period | 2026-2030 |
Market Size 2024 | USD 18.12 Billion |
Market Size 2030 | USD 27.12 Billion |
CAGR 2025-2030 | 6.91% |
Fastest Growing Segment | Antibiotic Growth Promoters |
Largest Market | North America |
The surge in livestock ownership, expansion of meat processing sectors, and integration of animals in agricultural operations further support the market. Additionally, the accessibility and affordability of modern growth promoters-ranging from enzymes and probiotics to hormonal supplements-have widened their use across various animal types. These factors, coupled with technological advancements and regulatory shifts, are shaping a dynamic landscape for manufacturers and stakeholders worldwide.
Key Market Drivers
Increasing Demand for Animal-based Products
Rising global consumption of animal-based products is a primary catalyst for the expansion of the animal growth promoters and performance enhancers market. According to the OECD-FAO Agricultural Outlook 2024-2033, global meat demand is expected to increase by 14% by 2030 compared to the 2020-2022 average, driven by population growth, higher disposable incomes, and urbanization in emerging economies.
This trend is prompting livestock producers to adopt solutions that enhance animal productivity and health without increasing farm sizes. Growth promoters help improve feed conversion, weight gain, and disease resistance, enabling consistent output. In the dairy sector, for example, the FAO reported a 1.8% rise in global milk production in 2023, reflecting heightened demand, especially in Asia and Africa. Additives such as enzymes, probiotics, and hormones are being increasingly used to optimize nutrient absorption and digestive health, supporting efficient animal growth and contributing to food supply chain sustainability.
Key Market Challenges
Stringent Regulatory Frameworks
The implementation of strict regulatory policies governing the use of growth-promoting substances-especially antibiotics-poses a major hurdle for market participants. Regulatory bodies across regions are tightening control due to growing concerns over antimicrobial resistance (AMR).
The European Union banned the use of antibiotics as growth promoters as early as 2006, and countries like the United States and Canada have since enforced stricter guidelines limiting their use to therapeutic purposes only. These restrictions compel manufacturers to invest in alternative formulations, extensive testing, and complex approval procedures, all of which can delay product rollouts and increase operational costs.
Key Market Trends
Technological Advancements and Increasing R&D Efforts
Innovation and technological progress are reshaping the global animal growth promoters and performance enhancers landscape. Advancements in biotechnology, including genetic engineering and cloning, are driving the development of more targeted and efficient enhancers that can improve growth rates and disease resistance.
Emerging tools in precision livestock farming-such as wearable sensors and data-driven health monitoring platforms-allow producers to detect health issues early and take proactive measures. These technologies support the use of tailored nutritional solutions and help reduce dependency on antibiotics. Innovations in feed formulation, including the use of phytogenics and enzymes, are also contributing to improved animal performance, reinforcing the role of R&D in market evolution.
In this report, the Global Animal Growth Promoters and Performance Enhancers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Animal Growth Promoters and Performance Enhancers Market, By Type:
Animal Growth Promoters and Performance Enhancers Market, By Animal Type:
Animal Growth Promoters and Performance Enhancers Market, By Region:
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in the Global Animal Growth Promoters and Performance Enhancers Market.
Global Animal Growth Promoters and Performance Enhancers Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: