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Major Growth Driver Identified in 2025 Animal Antibiotics and Antimicrobials Market: Increased Demand For Animal-Derived Products
Animal Antibiotics and Antimicrobials
Animal Antibiotics and Antimicrobials Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for animal antibiotics and antimicrobials has experienced robust growth in the recent past. The market is projected to expand 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 breakouts, an increase in livestock production, regulatory stipulations, and heightened consumer awareness contributed to the growth observed during the historical period.
Animal Antibiotics and Antimicrobials Market Size Forecast: What's the Projected Valuation by 2029?
The market for animal antibiotics and antimicrobials is predicted to witness robust growth in the upcoming years. It is projected to expand to $7.53 billion by 2029, with a compound yearly growth rate (CAGR) of 7.4%. The growth in this period can be tied back to the rise of new diseases, increased global population, regulatory shifts, and concerns over public health. Future trends include the adoption of alternative procedures, cooperative efforts, personalized treatment schemes, an upswing in research investments, and the incorporation of blockchain technology.
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What Are the Drivers Transforming the Animal Antibiotics and Antimicrobials Market?
The growth of the animal antibiotics and antimicrobials market is fueling due to the escalated demand for food products derived from animals. These animal-derived food items, such as meat, milk, eggs, among others, serve as a crucial nutritional source and carry significant weight in human diets. The entities engaged in the production of such food products from animals concentrate on raising a healthy or disease-free herd by implementing animal antibiotics and antimicrobials as a preventative measure. For example, a report released by the Food and Agriculture Organization (FAO), a specialized agency of the United Nations situated in Italy, in June 2023, project a slight increase of 0.8 percent in global meat production in 2023. This equates to 365 million tonnes of meat (in carcass weight equivalent), a modest increase from 2022. Consequently, the anticipated surge in demand for food products derived from animals is expected to spur the demand for animal antibiotics and antimicrobials throughout the forecasted period.
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What Long-Term Trends Will Define the Future of the Animal Antibiotics and Antimicrobials Market?
The trend of strategic partnerships is increasingly becoming significant in the animal antibiotics and antimicrobials market. Firms engaged in animal antibiotics and antimicrobial business are forming strategic alliances with apt industry contenders for the innovation and advancement of animal antibiotics and antimicrobials. For example, in May 2022, Gnubiotics Sciences, a biotech firm from Switzerland that specializes in addressing microbiome-associated health issues in both humans and animals, teamed up with ADM, an American provider of human health and nutrition solutions, aiming to bring to market new microbiome solutions to improve the health and welfare of house pets.
Which Segments in the Animal Antibiotics and Antimicrobials Market Offer the Most Profit Potential?
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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Which Firms Dominate the Animal Antibiotics and Antimicrobials Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential 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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