Product Code: ETC13287734 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Animal Hormones Market was valued at USD 1.9 Billion in 2024 and is expected to reach USD 3.1 Billion by 2031, growing at a compound annual growth rate of 9.20% during the forecast period (2025-2031).
The Global Animal Hormones Market is witnessing significant growth due to the increasing demand for meat and dairy products, coupled with the rising awareness about animal health and productivity. Key factors driving market growth include the adoption of hormone-based veterinary products for livestock growth and reproduction, as well as the growing focus on animal welfare and sustainable farming practices. The market is segmented by type, including growth hormones, thyroid hormones, insulin, and others, with growth hormones holding a dominant market share. Geographically, North America and Europe are prominent regions in the market, followed by Asia Pacific due to the expanding animal farming industry. Key players in the Global Animal Hormones Market include Zoetis Inc., Merck & Co., Elanco Animal Health, and Bayer AG, among others, driving innovation and product development in the industry.
The Global Animal Hormones Market is witnessing a steady growth trajectory driven by increasing demand for animal protein products, advancements in hormone production technologies, and a growing focus on animal health and productivity. Key trends in the market include the rising adoption of hormonal growth promoters in livestock farming to improve feed efficiency and growth rates, the development of novel hormone-based veterinary drugs for disease prevention and treatment, and the expansion of hormone replacement therapies for companion animals. Opportunities in the market lie in the development of sustainable and environmentally friendly hormone products, the increasing demand for organic and natural animal hormones, and the potential for market expansion in emerging economies with a rising demand for high-quality animal products. Overall, the Global Animal Hormones Market is poised for continued growth and innovation in the coming years.
The Global Animal Hormones Market faces several challenges including regulatory hurdles related to the use of hormones in livestock production, increasing consumer concerns regarding the safety and ethical implications of hormone use in animal farming, and the emergence of alternative solutions such as plant-based diets and organic farming practices. Additionally, there is a growing trend towards sustainable and environmentally friendly practices in the agriculture industry, putting pressure on companies to adopt more responsible hormone usage. Market volatility, trade restrictions, and the potential impact of diseases on animal hormone production also pose challenges to the market. Overall, navigating these complex regulatory, consumer, and industry trends is crucial for companies operating in the Global Animal Hormones Market to ensure sustainability and growth.
The Global Animal Hormones Market is primarily driven by the increasing demand for animal products such as meat, dairy, and eggs due to the growing global population and changing dietary preferences. Farmers are turning to animal hormones to enhance livestock growth, improve reproductive efficiency, and increase milk production to meet this rising demand. Additionally, advancements in biotechnology have led to the development of innovative hormone products that offer improved efficacy and safety for animals. Regulatory approvals for the use of specific hormones in livestock farming have also contributed to market growth. Moreover, the focus on sustainable agriculture practices and animal welfare concerns are driving the adoption of hormone-based solutions to optimize animal health and productivity in a cost-effective manner.
Government policies related to the Global Animal Hormones Market vary depending on the country or region. In the United States, the Food and Drug Administration (FDA) regulates the use of animal hormones in livestock production, ensuring that they are safe for consumption and do not pose health risks to consumers. The European Union has stricter regulations, banning the use of certain hormones in livestock production altogether. In China, regulations on animal hormones are also stringent, with a focus on food safety and environmental sustainability. Overall, government policies in major markets aim to protect consumers, ensure the welfare of animals, and maintain the sustainability of livestock production practices in the Global Animal Hormones Market.
The Global Animal Hormones Market is poised for steady growth in the coming years, driven by increasing demand for animal products such as meat, dairy, and eggs. Rising consumer awareness regarding the benefits of hormone supplements for livestock health and productivity is also fueling market growth. Additionally, advancements in technology and research leading to the development of innovative hormone-based products for animal growth and reproduction are expected to further propel market expansion. However, regulatory concerns surrounding the use of hormones in animal production and growing preference for organic and hormone-free products among consumers could pose challenges for market players. Overall, the Global Animal Hormones Market is forecasted to experience sustained growth opportunities, particularly in regions with a burgeoning livestock industry and increasing focus on improving agricultural productivity.
In the Global Animal Hormones Market, Asia is expected to witness significant growth due to the increasing demand for animal products, particularly in countries like China and India. North America is projected to dominate the market, driven by advanced farming practices and a focus on animal welfare. Europe is anticipated to show steady growth with stringent regulations promoting the use of hormones for livestock production. The Middle East and Africa region is likely to experience moderate growth, as the adoption of hormonal products in animal farming gradually increases. Latin America is poised for healthy growth due to the rising meat consumption and increasing investments in the animal agriculture sector. Overall, the global animal hormones market is set to expand across all regions, fueled by the growing need for efficient livestock production methods.
Global Animal Hormones Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Animal Hormones Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Animal Hormones Market Revenues & Volume, 2021 & 2031F |
3.3 Global Animal Hormones Market - Industry Life Cycle |
3.4 Global Animal Hormones Market - Porter's Five Forces |
3.5 Global Animal Hormones Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Animal Hormones Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Animal Hormones Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Animal Hormones Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Animal Hormones Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Animal Hormones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Animal Hormones Market Trends |
6 Global Animal Hormones Market, 2021 - 2031 |
6.1 Global Animal Hormones Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Animal Hormones Market, Revenues & Volume, By Insulin, 2021 - 2031 |
6.1.3 Global Animal Hormones Market, Revenues & Volume, By Thyroxine, 2021 - 2031 |
6.1.4 Global Animal Hormones Market, Revenues & Volume, By Corticosteroids, 2021 - 2031 |
6.2 Global Animal Hormones Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Animal Hormones Market, Revenues & Volume, By Diabetes Management, 2021 - 2031 |
6.2.3 Global Animal Hormones Market, Revenues & Volume, By Thyroid Disorders, 2021 - 2031 |
6.2.4 Global Animal Hormones Market, Revenues & Volume, By Inflammation Control, 2021 - 2031 |
6.3 Global Animal Hormones Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Animal Hormones Market, Revenues & Volume, By Veterinary Clinics, 2021 - 2031 |
6.3.3 Global Animal Hormones Market, Revenues & Volume, By Animal Hospitals, 2021 - 2031 |
6.3.4 Global Animal Hormones Market, Revenues & Volume, By Veterinary Care, 2021 - 2031 |
6.4 Global Animal Hormones Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Animal Hormones Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
6.4.3 Global Animal Hormones Market, Revenues & Volume, By Online Sales, 2021 - 2031 |
7 North America Animal Hormones Market, Overview & Analysis |
7.1 North America Animal Hormones Market Revenues & Volume, 2021 - 2031 |
7.2 North America Animal Hormones Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Animal Hormones Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Animal Hormones Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Animal Hormones Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Animal Hormones Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Animal Hormones Market, Overview & Analysis |
8.1 Latin America (LATAM) Animal Hormones Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Animal Hormones Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Animal Hormones Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Animal Hormones Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Animal Hormones Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Animal Hormones Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Animal Hormones Market, Overview & Analysis |
9.1 Asia Animal Hormones Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Animal Hormones Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Animal Hormones Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Animal Hormones Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Animal Hormones Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Animal Hormones Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Animal Hormones Market, Overview & Analysis |
10.1 Africa Animal Hormones Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Animal Hormones Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Animal Hormones Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Animal Hormones Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Animal Hormones Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Animal Hormones Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Animal Hormones Market, Overview & Analysis |
11.1 Europe Animal Hormones Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Animal Hormones Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Animal Hormones Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Animal Hormones Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Animal Hormones Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Animal Hormones Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Animal Hormones Market, Overview & Analysis |
12.1 Middle East Animal Hormones Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Animal Hormones Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Animal Hormones Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Animal Hormones Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Animal Hormones Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Animal Hormones Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Animal Hormones Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Animal Hormones Market Key Performance Indicators |
14 Global Animal Hormones Market - Export/Import By Countries Assessment |
15 Global Animal Hormones Market - Opportunity Assessment |
15.1 Global Animal Hormones Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Animal Hormones Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Animal Hormones Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Animal Hormones Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Animal Hormones Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Animal Hormones Market - Competitive Landscape |
16.1 Global Animal Hormones Market Revenue Share, By Companies, 2024 |
16.2 Global Animal Hormones Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |