- Veterinary hormones, used to regulate growth, reproduction, and metabolic functions in animals, are increasingly vital in modern livestock and animal healthcare systems due to their role in enhancing productivity, improving reproductive efficiency, and supporting overall animal health across various species including cattle, poultry, and swine
- The escalating demand for veterinary hormones is primarily fueled by rising global meat and dairy consumption, increasing livestock population, and growing awareness among farmers about animal health and fertility management
- North America dominated the veterinary hormones market with the largest revenue share of 39.9% in 2024, characterized by advanced veterinary healthcare infrastructure, high animal health expenditure, and the strong presence of key pharmaceutical players, with the U.S. experiencing substantial adoption of hormonal therapies for reproductive and growth regulation in both livestock and companion animals
- Asia-Pacific is expected to be the fastest growing region in the veterinary hormones market during the forecast period due to expanding livestock production, increasing government support for animal health programs, and rising demand for protein-rich diets
- The steroid hormone segment dominated the veterinary hormones market with a market share of 64.5% in 2024, driven by its effectiveness in promoting rapid weight gain and improving feed efficiency, particularly in cattle and swine industries
