Animal Antibiotics and Antimicrobials Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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What fueled the previous growth in the animal antibiotics and antimicrobials market?
Over the past few years, the market size of animal antibiotics and antimicrobials has witnessed robust growth. It is projected to escalate from $5.29 billion in 2024 to $5.65 billion in 2025, marking a compound annual growth rate (CAGR) of 6.8%. Factors such as disease outbreaks, expansion of livestock production, regulatory measures, and heightened consumer awareness have been instrumental in driving the growth in the historical period.
What will be the animal antibiotics and antimicrobials market size in the future?
The market size of animal antibiotics and antimicrobials is anticipated to experience significant expansion in the upcoming years. It is projected to increase to $7.53 billion in 2029 with a compound annual growth rate (CAGR) of 7.4%. The predicted growth during the forecast period is due to factors such as emerging diseases, global population growth, changes in regulations, and public health concerns. Notable trends during this period are anticipated to include alternative solutions, joint initiatives, custom treatment strategies, increased investment in research, and the adoption of blockchain technology.
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What main drivers are fueling expansion in the animal antibiotics and antimicrobials market?
The uptick in the preference for food products derived from animals is boosting the animal antibiotics and antimicrobials market’s growth trajectory. This category of food products, which includes milk, eggs, meat, and more, are a critical source of nutrition and hold a significant place in the dietary routines of humans. To ensure a healthy or disease-free herd, producers of these animal-based foods are increasingly resorting to the use of animal antibiotics and antimicrobials as a preventive measure. For example, the Food and Agriculture Organization (FAO), a specialized agency of the United Nations based in Italy, published a report in June 2023 stating a modest increase in global meat production by 0.8 percent in 2023, amounting to 365 million tonnes (carcass weight equivalent) compared to the previous year. Consequently, as the appetite for animal-derived food items continues to grow, it’s predicted that it will fuel the demand for animal antibiotics and antimicrobials in the forecast period.
What key areas define the segmentation of the global animal antibiotics and antimicrobials market?
The animal antibiotics and antimicrobials market covered in this report is segmented – _x000D_
_x000D_
1) By Type of Product: Tetracyclines, Penicillin, Sulfonamides, Macrolides, Aminoglycosides, Lincosamides, Fluoroquinolones, Cephalosporins, Other Antimicrobials And Antibiotics_x000D_
2) By Mode of Delivery: Premixes, Oral Powder, Oral Solution, Injection, Other Modes Of Delivery_x000D_
3) By Animal Type: Food-Producing Animals, Companion Animals_x000D_
_x000D_
Subsegments:_x000D_
1) By Tetracyclines: Oxytetracycline, Chlortetracycline, Doxycycline _x000D_
2) By Penicillin: Penicillin G, Ampicillin, Amoxicillin_x000D_
3) By Sulfonamides: Sulfadimidine, Sulfadiazine, Sulfamethoxazole_x000D_
4) By Macrolides: Erythromycin, Tylosin, Tulathromycin_x000D_
5) By Aminoglycosides: Gentamicin, Neomycin, Streptomycin_x000D_
6) By Lincosamides: Lincomycin, Clindamycin_x000D_
7) By Fluoroquinolones: Enrofloxacin, Marbofloxacin, Ciprofloxacin _x000D_
8) By Cephalosporins: Cefquinome, Cephalexin, Cefoperazone _x000D_
9) By Other Antimicrobials And Antibiotics: Nitrofurans, Phenicols, Other Novel Antibiotics
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Who are the dominant players expanding their reach in the animal antibiotics and antimicrobials market?
Major companies operating in the animal antibiotics and antimicrobials market include C. H. Boehringer Sohn AG & Co. KG, Zoetis Inc., Elanco Animal Health Inc., Merck & Co. Inc., Phibro Animal Health Corp., Ashish Life Science Pvt. Limited, Ayurvet Limited, Dechra Pharmaceuticals Plc, Endovac Animal Health, HIPRA S. A., Huvepharma Inc., Inovet (V. M. D. nv/sa), Kyoritsu seiyaku Corporation, Lutim Pharma Private Limited, Neogen Corporation, Tianjin Ringpu Bio-Technology Co. Ltd., UCBVET Animal Health, Vetoquinol, Virbac, Zydus Animal Health Limited, China Animal Husbandry Co. Ltd., ECO Animal Health Ltd., Nicosia International, Norbrook Laboratories Limited, Biovet AD – Peshtera, BioChek B. V., Bio Agri Mix LP, Bio-Medical Research Ltd., Bioiberica S. A. U., Ceva Santé Animale
How are evolving market trends shaping animal antibiotics and antimicrobials Strategies?
Establishing strategic collaborations is becoming a crucial trend in the animal antibiotics and antimicrobials sector. Enterprises active in this market are forging strategic alliances with pertinent industry stakeholders to fund research and develop ground-breaking animal antibiotics and antimicrobials. For example, Gnubiotics Sciences, a Swiss biotech firm focusing on addressing microbiome-related health issues in humans and animals, joined forces with ADM, an American firm specializing in human and health nutrition solutions, in May 2022. This partnership aims to bring new microbiome solutions to the market for the health and wellbeing of companion animals.
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Which regions are emerging as leaders in the animal antibiotics and antimicrobials market?
North America was the largest region in the animal antibiotics and antimicrobials market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal antibiotics and antimicrobials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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