Antimicrobial Growth Promoters Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 6.2 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
Looking at the market outlook from 2023 to 2033, experts predict that the AGP market will experience notable decline in some regions, primarily due to stringent regulations, health awareness campaigns, and the implementation of the WHO’s recommendation to phase out the use of antibiotics as growth promoters. On the other hand, there will be an increase in the demand for alternatives like natural growth promoters, organic acids, and phytogenics as a safer option for improving livestock growth rates and performance. By 2033, market researchers anticipate a transition toward sustainable and non-antibiotic alternatives gaining more ground, especially in developed markets.
Research also indicates that demand will remain high in certain regions like Asia-Pacific, where animal farming remains a major part of the economy, despite the global shift toward more restrictive AGP usage. The trend in developing countries points toward increased awareness and adoption of AGP alternatives, including probiotics and herbal growth promoters, providing a new avenue for growth in the market. The ongoing push for animal welfare and better farming practices, along with innovations in biotechnology, will drive the next phase of market growth, especially in areas focused on enhancing food security and preventing antibiotic resistance.
Get an In-Depth Research Analysis of the Global Antimicrobial Growth Promoters Market Size And Forecast [2025-2032]
The Antimicrobial Growth Promoters (AGPs) market, from 2018 to 2022, saw a significant shift in its dynamics due to changes in regulations, consumer demand for antibiotic-free products, and increasing awareness around antimicrobial resistance. The market was valued at billions of dollars, with a steady compound annual growth rate (CAGR) during this period, driven by the increasing demand for meat products, especially in emerging economies. By 2022, the market was stabilizing with new players entering and the adoption of alternatives such as probiotics and enzymes becoming more widespread. However, a significant global push towards reducing antibiotic use in livestock farming had already started affecting the growth of AGPs.
Cargill
Royal DSM
Zoetis
Alltech
Elanco Animal Health
Merck Animal Health
Bayer Animal Health
Biomin Holding
Boehringer Ingelheim
Bupo Animal Health
Danisco
Novus International
Vetoquinol
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Antimicrobial Growth Promoters Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Antimicrobial Growth Promoters Market
Animal Feed
Therapeutic Antimicrobial Drugs
Other
Based on Types the Market is categorized into Below types that held the largest Antimicrobial Growth Promoters market share In 2023.
Penicillins
Incosamides
Macrolides
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Antimicrobial Growth Promoters Market Research Analysis
1. Introduction of the Global Antimicrobial Growth Promoters Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Antimicrobial Growth Promoters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Antimicrobial Growth Promoters Market, By Type
6. Global Antimicrobial Growth Promoters Market, By Application
7. Global Antimicrobial Growth Promoters Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Antimicrobial Growth Promoters Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/