Press release
Generating Immense Growth: Global Farm Animal Drugs Market Set to Rise to $26.85 Billion by 2029 at a CAGR of 6.7%
Farm Animal Drugs Market Size
What Is The Projected Market Size Of The Global Farm Animal Drugs Market And Its Growth Rate?
The global farm animal drugs market exhibits robust growth:
- The market rose from $19.41 billion in 2024 to $20.71 billion in 2025, displaying a CAGR of 6.7%.
- The growth is attributed to rising consumer demand for animal products, increase in zoonotic diseases, intensification of livestock farming, and global population growth.
- The market is forecasted to reach $26.85 billion in 2029, showing the same CAGR of 6.7%.
- Future growth is expected from rising awareness of antimicrobial resistance, climate change impacts on livestock health, increase in alternative proteins, and various other factors.
What Is Driving The Growth In The Farm Animal Drugs Market?
The palpable growth in the farm animal drugs market is driven primarily by the continued rise in meat consumption globally. In an age when meat intake is ever-increasing, farm animal drugs, which expedite animal development and enhance the meat production process, are in high demand. In 2023, data from the United States Department of Agriculture (USDA) reported an uptick in consumption of beef, pork, and chicken meat compared to 2021 and 2022. This consumption surge undeniably propels the growth of the farm animal drug market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12159&type=smp
Who Are the Key Players Driving Farm Animal Drugs Market Growth?
The major players contributing to the growth of the farm animal drugs market include:
- Eli Lilly and Company
- Boehringer Ingelheim GmbH
- Zoetis Inc.
- Elanco Animal Health Incorporated
- Hester Biosciences Limited
- Ceva Santé Animale SA
- Virbac SA
- Huvepharma Inc
- Phibro Animal Health Corporation
- Dechra Pharmaceuticals plc
- Laboratorios Hipra S.A.
- Norbrook Laboratories Ltd.
- Neogen Corporation
- Ouro Fino Saude Animal Participacoes SA
- Eco Animal Health Ltd
- Biogenesis Bago SA
- Laboratorios Calier S.A.
- Laboratorios Syva S.A.
- Jurox Pty Ltd
- Kepro B.V.
- Kyoritsu Seiyaku Corp.
- Merck Animal Health
- Vetoquinol SA
- Nippon Zenyaku Kogyo Co. Ltd.
- SeQuent Scientific Limited
- Agrovet Market Animal Health
- Orion Pharma Animal Health
- Zydus Animal Health and Investments Limited
What Are The Key Trends In The Farm Animal Drugs Market?
Key trends shaping the farm animal drugs market include:
- Technological advancements in veterinary medicine
- Progress in precision livestock farming technologies
- Use of blockchain technology for supply chain transparency
- Integration of AI and machine learning in animal health management
What Are The Segments Of The Global Farm Animal Drugs Market?
The global farm animal drugs market can be categorized based on:
- Product: Anti-Infective, Parasiticides, Anti-Inflammatory, Anesthetics, Analgesics, Hormones And Related Product, Other Products
- Route Of Administration: Oral, Parenteral, Topical, Other Routes
- Distribution Channel: Veterinary Hospitals, Veterinary Clinics, Pharmacies And Drug Stores, Other Channels
- Animal: Livestock Animals, Equine
Which Region Leads The Farm Animal Drugs Market?
Asia-Pacific emerged as the largest region in the farm animal drugs market in 2024. Additionally, the regions covered in the report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/farm-animal-drugs-global-market-report
What Is Covered In The Farm Animal Drugs Market Global Market Report?
- Market Size Analysis: Analyze the Farm Animal Drugs Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Farm Animal Drugs 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 Farm Animal Drugs Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Farm Animal Drugs Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=12159&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Generating Immense Growth: Global Farm Animal Drugs Market Set to Rise to $26.85 Billion by 2029 at a CAGR of 6.7% here
News-ID: 3833790 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
