Press release
Amorphous Polypropylene Terephthalate Market : Exploring Market Size, Key Players, Projected Growth, and Emerging Trends
Amorphous Polypropylene Terephthalate Market
Garner insights about the global animal antibiotics and antimicrobials market set to reach $7.53 billion in 2029, driven by increasing demand for animal-derived food products and emerging diseases.
What Is The Projected Market Size Of The Global Animal Antibiotics and Antimicrobials Market And Its Growth Rate?
• The animal antibiotics and antimicrobials market will grow from $5.29 billion in 2024 to $5.65 billion in 2025 at a CAGR of 6.8% due to disease outbreaks, livestock production growth, regulatory policies, and consumer awareness.
• The market size is projected to reach $7.53 billion in 2029 at a CAGR of 7.4%, driven by emerging diseases, global population growth, regulatory changes, and public health concerns.
• Trending market phenomena include alternative solutions, collaborative initiatives, customized treatment plans, rising investments in research, and integration of blockchain technology.
What Is Driving The Growth In The Animal Antibiotics and Antimicrobials Market?
Increasing demand for animal-derived food products is propelling the animal antibiotics and antimicrobials market. As major sources of human nutrition, animal-derived foods lead to the development of healthy or disease-free herds through the use of animal antibiotics and antimicrobials. According to the Food and Agriculture Organization (FAO), global meat production is projected to increase by 0.8 percent in 2023, reaching 365 million tonnes, this demand is expected to augment the market growth during the forecast period.
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Who Are the Key Players Driving Animal Antibiotics and Antimicrobials Market Growth?
• 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.
What Are The Key Trends In The Animal Antibiotics and Antimicrobials Market?
• Alternative solutions
• Collaborative initiatives
• Customized treatment plans
• Rising investments in research
• Integration of blockchain technology
What Are The Segments Of The Global Animal Antibiotics and Antimicrobials Market?
• By Type of Product: Tetracyclines, Penicillin, 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
Which Region Leads The Animal Antibiotics and Antimicrobials Market?
North America was the largest region in the market in 2024. Meanwhile, Asia-Pacific is predicted to be the fastest-growing region in the forecast period. The report covers other key regions including Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Animal Antibiotics and Antimicrobials Market Global Market Report?
- Market Size Analysis: Analyze the Animal Antibiotics and Antimicrobials Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Animal Antibiotics and Antimicrobials Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Animal Antibiotics and Antimicrobials Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Animal Antibiotics and Antimicrobials Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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