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Animal Antibiotics And Antimicrobials Global Market By Product Type, By Livestock, By Manufacturers, By Technology, By Application, Regional Analysis And Forecast To 2032 | Zoetis Inc., Zydus, Vetoquinol SA, Lutim Pharma, Huvepharma Inc.
Animal Antibiotics And Antimicrobials Market
Animal Antibiotics And Antimicrobials Market Size, Growth Rate, And Forecast
The global animal antibiotics and antimicrobials market size grew from $4.68 billion in 2022 to $5.07 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The animal antibiotics and antimicrobials market size is expected to grow to $6.95 billion in 2027 at a CAGR of 8.2%.
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Animal Antibiotics And Antimicrobials Market Drivers
Rising demand for animal-derived food products is driving the growth of the animal antibiotics and antimicrobials market. Animal-derived food products such as milk, eggs, meat, and other act a major source of nutrition and plays a prominent role in human diet.
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Animal Antibiotics And Antimicrobials Market Segments
• By Type of Product: Tetracyclines, Penicillins, Sulfonamides, Macrolides, Aminoglycosides, Lincosamides, Fluoroquinolones, Cephalosporins, Other Antimicrobials and Antibiotics
• By Mode of Delivery: Premixes, Oral Powder, Oral Solution, Injection, Other Modes of Delivery
• By Animal Type: Food-Producing Animals, Companion Animals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Animal Antibiotics And Antimicrobials market.
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Animal Antibiotics And Antimicrobials Market Key Players
Major competitors in the Animal Antibiotics And Antimicrobials market include Boehringer Ingelheim, Zoetis Inc., Elanco Animal Health, Merck & Co. Inc., Phibro Animal Health, Vetoquinol SA, Lutim Pharma, Ceva Santé Animale, Dechra Pharmaceuticals PLC., Kyoritsu Seiyaku, Huvepharma Inc., Zydus, Indian Immunologicals Pvt. Ltd., Bayer Animal Health, Virbac Animal Health, and Phibro Animal Health Corp.
The Business Research Company's "Global Animal Antibiotics And Antimicrobials Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Animal Antibiotics And Antimicrobials Market Include:
1. Executive Summary
2. Animal Antibiotics And Antimicrobials Market Characteristics
3. Animal Antibiotics And Antimicrobials Market Trends And Strategies
4. Animal Antibiotics And Antimicrobials Market - Macro Economic Scenario
5. Animal Antibiotics And Antimicrobials Market Size And Growth
.....
26. Africa Animal Antibiotics And Antimicrobials Market
27. Animal Antibiotics And Antimicrobials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Animal Antibiotics And Antimicrobials Market
29. Animal Antibiotics And Antimicrobials Market Future Outlook and Potential Analysis
30. Appendix
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