Global Animal Growth Promoters and Performance Enhancers Market Size By Type (Antibiotics, Growth Hormones), By Application (Porcine, Poultry), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 35982 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Animal Growth Promoters and Performance Enhancers Market was valued at USD 8.2 billion in 2023 and is projected to surpass USD 13.5 billion by 2031, growing at a CAGR of 6.2% during the forecast period from 2023 to 2031.

The market growth is driven by the increasing demand for high-quality animal-derived products, rising awareness about livestock health and productivity, and advancements in feed additive formulations. The growing meat and dairy consumption, particularly in emerging economies, is propelling the adoption of growth promoters and performance enhancers in animal feed. These additives play a crucial role in improving feed conversion ratios (FCR), boosting growth rates, and enhancing overall livestock performance.

Drivers

1. Rising Demand for High-Quality Animal Products

With increasing global meat and dairy consumption, livestock producers are under pressure to enhance production efficiency.

Growth promoters help achieve faster weight gain, improved muscle mass, and better milk yield, thereby meeting the rising demand.

2. Technological Advancements in Animal Nutrition

Innovations in enzymes, probiotics, prebiotics, and phytogenics have led to safer and more efficient growth-enhancing solutions.

New feed additives reduce the dependency on antibiotic-based growth promoters (AGPs), aligning with stringent regulations.

3. Increasing Focus on Sustainable Livestock Production

Sustainable and eco-friendly growth promoters are gaining traction due to environmental concerns related to livestock emissions.

Adoption of plant-based and organic performance enhancers is expanding among health-conscious consumers.

Restraints

1. Stringent Regulations on Antibiotic Growth Promoters (AGPs)

Many countries, including the EU and the U.S., have banned or restricted the use of antibiotics as growth promoters due to concerns over antimicrobial resistance (AMR).

Regulatory challenges limit the market expansion of antibiotic-based enhancers.

2. High Costs of Natural Growth Promoters

Organic and herbal-based growth promoters are costlier than synthetic alternatives, posing affordability challenges, especially in developing regions.

Small-scale livestock farmers face difficulties in adopting expensive feed additives.

Opportunity

1. Expansion in Emerging Markets

Rapidly growing meat and dairy industries in Asia-Pacific, Latin America, and the Middle East present high growth potential.

Rising disposable incomes and shifting dietary patterns are fueling demand for animal protein, leading to increased usage of performance enhancers.

2. Development of Non-Antibiotic Growth Promoters

Probiotics, prebiotics, phytogenics, and enzymes are gaining traction as effective alternatives to AGPs.

Companies investing in natural, residue-free, and sustainable feed additives are likely to capture significant market share.

Market by Growth Promoter Type Insights

Antibiotic-Based Growth Promoters: Once dominant, their usage is declining due to regulatory bans and consumer awareness.

Probiotics & Prebiotics: Fastest-growing segment due to their ability to enhance gut health and promote natural growth.

Phytogenics (Plant-Based): Gaining popularity as herbal alternatives with immune-boosting properties.

Hormonal Growth Promoters: Used in specific livestock segments, though facing regulatory scrutiny.

Market by Livestock Insights

Poultry: Largest segment (~40% market share) due to high demand for broiler chicken and its shorter growth cycle.

Swine: Increasing adoption of performance enhancers for better weight gain and meat quality.

Ruminants (Cattle & Dairy): Growing focus on enhancing milk yield and beef production efficiency.

Market by Regional Insights

North America: Leading market, driven by advanced animal nutrition practices and the presence of major feed additive companies.

Asia-Pacific: Fastest-growing region, fueled by expanding livestock production in China, India, and Southeast Asia.

Europe: Strong regulatory framework favoring natural and organic growth enhancers.

Latin America & MEA: Emerging markets with rising meat exports and modernized farming.

Competitive Scenario

Key market players include:

Cargill, Inc.

BASF SE

DSM Nutritional Products

Alltech, Inc.

Elanco Animal Health

Zoetis Inc.

Novozymes

Kemin Industries

Adisseo

DuPont Nutrition & Biosciences

Key Market Developments

2023: Cargill introduced a new probiotic-based animal growth promoter aimed at reducing antibiotic dependency.

2024: DSM launched an advanced enzyme solution to enhance nutrient absorption in livestock feed.

2025: Zoetis expanded its portfolio with phytogenic feed additives, targeting sustainable livestock production.

Scope of Work – Global Animal Growth Promoters and Performance Enhancers Market

Report Metric

Details

Market Size 2023

USD 8.2 billion

Market Size 2031

USD 13.5 billion

Growth Rate (CAGR)

6.2% (2023-2031)

Market Segments

Growth Promoter Type, Livestock Type, Region

Growth Drivers

Rising demand for high-quality meat & dairy, advancements in animal nutrition

Opportunities

Expansion in emerging markets, development of non-antibiotic growth promoters

 

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