Press release
Animal Growth Promoters & Performance Enhancers Market USD 23.35 billion by 2032 ,Due to Rising Need for Efficient, Sustainable Livestock Production
Animal Growth Promoters & Performance Enhancers Market OutlookThe global Animal Growth Promoters & Performance Enhancers market is entering a phase of robust expansion, riding on the twin engines of demand for sustainable livestock production and the imperative to optimize feed efficiency. According to Market Research Future, the market size was valued at USD 12.82 billion in 2023 and is projected to grow to USD 23.35 billion by 2032, corresponding to a healthy CAGR of 6.78% from 2024 to 2032.
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Drivers of Growth:
Rising Need for Efficient, Sustainable Livestock Production
Farmers and producers globally are under increasing pressure to maximize yield without expanding their environmental footprint. Growth promoters and performance enhancers help improve feed conversion, nutrient absorption, and overall animal health-thus supporting higher productivity with less waste.
Strong Demand for High-Quality Animal Products
As global populations grow and disposable incomes rise, demand for meat, dairy, eggs, and animal-based nutrition is also growing. To meet this demand, producers need tools that sharpen efficiency, safety, and output quality-creating a favorable environment for enhanced growth promoters.
Shift Toward Natural & Non-Antibiotic Solutions
With antimicrobial resistance (AMR) concerns, environmental regulation, and consumer preferences, the industry is increasingly favoring "cleaner," more natural alternatives. Ingredients such as probiotics, prebiotics, phytogenics (plant extracts), and enzymes are being leveraged to replace-or at least reduce-antibiotic and synthetic growth additives.
Geographic Opportunities & Regulatory Tailwinds
Regions such as Asia-Pacific are forecast to grow at the fastest rates, spurred by rising protein demand and modernization of livestock systems. In regulatory environments-especially in Europe-tightening rules around antibiotic usage further accelerate adoption of alternative growth promoters.
Market Segments: What's Leading & Why
By Product Type
The market is segmented into antibiotic, hormonal, feed enzymes, probiotics & prebiotics, phytogenic, and others.
Notably, probiotics & prebiotics command the largest share (around 30%) among types. Their appeal largely stems from their safety profile, ability to support gut health and immunity, and alignment with regulatory and consumer demands for natural solutions.
By Livestock
The poultry segment dominates, accounting for roughly 38% of market revenue (≈ USD 4.5 billion). This dominance is driven by strong global demand for chicken meat and eggs, along with efforts to limit antibiotic use in poultry production.
That said, ruminants (cattle, sheep, goats) are forecasted to grow at the fastest CAGR within the livestock segment. As dairy and beef demand rises, growth promoters tailored to ruminants-improving feed efficiency, digestion, and health-are seeing increasing uptake.
By Region
North America currently leads the market, with approximate valuation of USD 5.45 billion in 2022. Its leadership is supported by high meat/dairy consumption, advanced farming systems, and strong regulatory and scientific infrastructure.
Europe holds the second-largest share, driven in part by strict EU regulations on antibiotics, which push farmers to adopt alternative promoters.
Asia-Pacific is expected to deliver the highest growth rate during the forecast period. China already holds a dominant share in the region, and India is anticipated to be among the fastest-growing national markets, fueled by rising meat and dairy demand and increasing modernization of its livestock industry.
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Challenges & Risk Factors
Regulatory Complexity & Divergent Standards
Regulations around growth promoters and antibiotic use vary greatly by jurisdiction. Harmonizing compliance is a challenge for multinational firms.
Consumer & Market Pushback
Growing awareness of antibiotic overuse and demands for "clean label" animal products can exert pressure on certain classes of promoters.
Scientific Validation & Efficacy Evidence
Especially for newer, plant-based or probiotic solutions, proving consistent performance, safety, and economics in varying farm conditions is critical.
Raw Material & Supply Chain Risks
Some bioactive ingredients (enzymes, botanicals) depend on reliable supply chains; disruptions, quality variations, or cost volatility can affect margins and delivery.
Key Companies in the animal growth promoters & performance enhancers market include
Cargill Incorporated
Royal DSM N.V.
Boehringer Ingelheim Group
Merck & Co. Inc (US)
Alltech Corporation
Vetoquinol S.A.
Novus International Inc
Associated British Foods plc
Erber AG
Phibro Animal Health Corporation
Kemin Industries Inc
Zoetis Inc
Evonik Industries AG
Land O'Lakes Inc
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Outlook & Opportunities
Given the projected rise to USD 23.35 billion by 2032 (from USD 13.82 billion in 2024) at a CAGR of 6.78%, the future of the animal growth promoter market is bright.
Key opportunities will likely emerge in:
Antibiotic‐free or reduced antibiotic solutions, particularly for poultry and swine
Customized formulations tuned for specific species, climates, or feed types
Regional focus expansions, especially in Asia, Africa, and Latin America
R&D around synergistic blends (probiotics + enzymes + phytogenics) to maximize performance
Digital & precision nutrition integration, linking growth promoters to analytics, disease monitoring, and farm management systems
Our Related Report:
Peat Market: https://www.marketresearchfuture.com/reports/peat-market-1387
Animal Feed Market: https://www.marketresearchfuture.com/reports/animal-feed-market-1611
Aquaponics Market: https://www.marketresearchfuture.com/reports/aquaponics-market-2257
Biostimulants Market: https://www.marketresearchfuture.com/reports/biostimulants-market-2770
Contact Us:
Market Research Future (Part of Wants tats Research and Media Private Limited)
99 Hudson Street, 5Th Floor New York, NY 10013 United States of America
+1 628 258 0071 (US) +44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching "Wantstats" the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Report
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