Guanidinoacetic acid (GAA) is an amino acid derivative and precursor for creatine which plays a significant role in energy metabolism. However, because of creatine’s instability during the manufacturing process and cost, GAA has been explored as an effective alternative to creatine supplements. GAA has been tested as a potential feed additive to enhance energy utilization and growth performance in the poultry and swine industries. Moreover, GAA has been combined with methionine to improve growth outcomes and may also act as an arginine-sparing agent in birds. The safety of the GAA supplements for animals, consumers, and the environment and its efficacy in numerous livestock species have been proven. This narrative review discusses the scientific evidence regarding the metabolism and effects of GAA supplementation in swine and poultry, identifying the knowledge gaps and future directions for further research on GAA supplementation. A systematic search of the literature identified published research findings related to GAA supplementation in swine and poultry and their findings are summarized in this narrative review to confirm the impacts of GAA supplementation on growth performance, reproductive performance, and meat quality in swine and poultry. Amongst its many demonstrated benefits, GAA is effective at improving body creatine concentration, growth parameters, feed conversion ratio, and performance of animals. Although GAA exerts many non-creatine roles, including the stimulation of insulin secretion, neuromodulation, and vasodilation, further research may require in-depth elaboration.