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Increased Demand For Animal-Derived Products: Key Factor Driving The Growth In The Animal Antibiotics and Antimicrobials Market
The Animal Antibiotics and Antimicrobials Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Animal Antibiotics and Antimicrobials Market Size During the Forecast Period?
The evolution of the animal antibiotics and antimicrobials market has been notably robust in recent years, with the market size set to escalate from $5.29 billion in 2024 to $5.65 billion in 2025, pointing to an impressive compound annual growth rate (CAGR) of 6.8%. Factors such as disease outbreaks, expansion of livestock production, regulatory implications, and heightened consumer awareness have significantly contributed to the surge seen in the historical period.
Expectations are high for robust expansions in the animal antibiotics and antimicrobials market in the upcoming years, with projections indicating a growth to $7.53 billion by 2029, at a compound annual growth rate (CAGR) of 7.4%. The anticipated growth during this forecast period can be ascribed to factors such as the emergence of new diseases, the rise in global population, adjustments in regulations, and concerns regarding public health. Noteworthy trends expected during the forecast period include the exploration of alternative solutions, the initiation of cooperative endeavors, the development of personalized treatment strategies, increased funding for research, and the implementation of blockchain technology.
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What Are the High-Growth Segments in the Animal Antibiotics and Antimicrobials Market?
The animal antibiotics and antimicrobials market covered in this report is segmented -
1) By Type of Product: Tetracyclines, Penicillin, Sulfonamides, Macrolides, Aminoglycosides, Lincosamides, Fluoroquinolones, Cephalosporins, Other Antimicrobials And Antibiotics
2) By Mode of Delivery: Premixes, Oral Powder, Oral Solution, Injection, Other Modes Of Delivery
3) By Animal Type: Food-Producing Animals, Companion Animals
Subsegments:
1) By Tetracyclines: Oxytetracycline, Chlortetracycline, Doxycycline
2) By Penicillin: Penicillin G, Ampicillin, Amoxicillin
3) By Sulfonamides: Sulfadimidine, Sulfadiazine, Sulfamethoxazole
4) By Macrolides: Erythromycin, Tylosin, Tulathromycin
5) By Aminoglycosides: Gentamicin, Neomycin, Streptomycin
6) By Lincosamides: Lincomycin, Clindamycin
7) By Fluoroquinolones: Enrofloxacin, Marbofloxacin, Ciprofloxacin
8) By Cephalosporins: Cefquinome, Cephalexin, Cefoperazone
9) By Other Antimicrobials And Antibiotics: Nitrofurans, Phenicols, Other Novel Antibiotics
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What Key Drivers Are Expected to Influence Future Animal Antibiotics and Antimicrobials Market Growth?
The growth of the animal antibiotics and antimicrobials market is being propelled by the escalating demand for animal-based food products. Essential nutrients are provided by animal-based foods including meat, eggs, milk and more, making them critical elements in the human diet. Companies and institutions engaged in the production of these food items are concentrating on the creation of a healthy or illness-free animal population by implementing the use of animal antibiotics and antimicrobials as preventive measures. Backing this, a report from the Food and Agriculture Organization (FAO), a specialized agency of the United Nations based in Italy, suggested in June 2023 that worldwide meat production is set to slightly increase by 0.8 percent in 2023, amounting to 365 million tonnes (in terms of carcass weight equivalent) as compared to 2022. Hence, the rising demand for animal-based food products is likely to enhance the need for animal antibiotics and antimicrobials in the foreseeable future.
Which Companies Hold the Largest Share Across Different Animal Antibiotics and Antimicrobials Market Segments?
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
What Trends Are Driving Growth in The Animal Antibiotics and Antimicrobials Market?
The growing trend of strategic alliances is becoming increasingly prevalent in the animal antibiotics and antimicrobials market. Firms in the animal antibiotics and antimicrobial industry are joining forces with applicable industry participants to undertake research and development of novel animal antibiotics and antimicrobials. Take for example Gnubiotics Sciences, a Swiss biotech entity committed to addressing microbiome-related health issues in humans and animals, which partnered with ADM, a US provider of human and health nutritional remedies, in May 2022 to market new microbiome solutions for the health and prosperity of companion animals.
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What Are the Emerging Geographies for The Animal Antibiotics and Antimicrobials Market Growth?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Animal Antibiotics and Antimicrobials Market?
2. What is the CAGR expected in the Animal Antibiotics and Antimicrobials Market?
3. What Are the Key Innovations Transforming the Animal Antibiotics and Antimicrobials Industry?
4. Which Region Is Leading the Animal Antibiotics and Antimicrobials Market?
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