Global Animal Hormones Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Animal Type;

Poultry, Porcine, Livestock, Equine, Aquaculture, and Others.

By Application;

Growth Promoter, Performance Enhancers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn297662009 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Animal Hormones Market (USD Million), 2021 - 2031

In the year 2024, the Global Animal Hormones Market was valued at USD 1,988.83 million. The size of this market is expected to increase to USD 2,742.98 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.

The global animal hormones market encompasses a diverse range of hormonal products used in veterinary medicine and livestock management to regulate physiological processes, improve reproductive efficiency, enhance growth rates, and optimize production outcomes across various animal species. Hormones play a critical role in controlling essential functions such as metabolism, growth, reproduction, and behavior in animals, making them integral to modern agricultural practices and veterinary care worldwide.

The market involves growth-promoting hormones and feed additives used to stimulate muscle growth, improve feed efficiency, and enhance carcass quality in livestock production. Hormonal growth promoters such as steroids and peptide hormones are administered to animals to accelerate growth rates and increase lean muscle mass, resulting in improved meat yield and profitability for producers. These products are widely employed in beef and poultry production to meet global demand for high-quality protein sources while optimizing resource efficiency and reducing environmental impact.

The global animal hormones market also includes hormone-based therapies and pharmaceuticals used in veterinary medicine to treat hormonal imbalances, reproductive disorders, and metabolic conditions in companion animals and livestock. Hormone replacement therapies, thyroid medications, and insulin preparations are prescribed to manage endocrine disorders and enhance overall health and well-being in pets and production animals. These therapeutic applications underscore the importance of hormonal interventions in maintaining animal health, improving quality of life, and supporting longevity across diverse species and healthcare settings.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Animal Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Animal Hormones Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Livestock Production
        2. Technological Advancements in Hormone Production
        3. Rising Disposable Incomes and Urbanization
        4. Expansion of Animal Healthcare Infrastructure
      2. Restraints
        1. Public Concerns over Hormone Use in Food Animals
        2. Ethical and Welfare Concerns
        3. Competition from Alternative Growth Promoters
        4. Environmental and Sustainability Issues
      3. Opportunities
        1. Expansion into Emerging Markets
        2. Research and Development in Hormone Technologies
        3. Adoption of Precision Livestock Farming Practices
        4. Collaboration with Biotechnology and Pharmaceutical Industries
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Animal Hormones Market, By Animal Type, 2021 - 2031 (USD Million)
      1. Poultry
      2. Porcine
      3. Livestock
      4. Equine
      5. Aquaculture
      6. Others
    2. Global Animal Hormones Market, By Application, 2021 - 2031 (USD Million)
      1. Growth Promoter
      2. Performance Enhancers
      3. Others
    3. Global Animal Hormones Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Boehringer Ingelheim
      2. Bayer Animal Health
      3. Bupo Animal Health
      4. Merck Animal Health
      5. Royal DSM N.V
      6. Elanco Animal Health
      7. Alltech
      8. Elanco Animal Health
  7. Analyst Views
  8. Future Outlook of the Market