Hormone Market in the United States
In value terms, hormone production skyrocketed to $ in . In general, production saw a buoyant increase. The pace of growth appeared the most rapid in 2008 with an increase of %. Hormone production peaked at $ in 2019; however, from to , production failed to regain momentum.
The size of the hormone market in the United States surged to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a prominent expansion. Hormone consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.