Global Animal Antibiotics and Antimicrobials Market Projected to Grow at 7.3% CAGR, Reaching $7.48 Billion by 2029

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What Will the Animal Antibiotics and Antimicrobials Industry Market Size Be by 2025?
There has been a robust growth in the market size of animal antibiotics and antimicrobials in the past few years. The market, which was valued at $5.29 billion in 2024, is projected to increase to $5.64 billion by 2025, having a compound annual growth rate (CAGR) of 6.5%. Factors contributing to this historic period growth include occurrences of disease outbreaks, enhancement in livestock production, due regulatory policies, and improved consumer awareness.

What's the Long-Term Growth Forecast for the Animal Antibiotics and Antimicrobials Market Size Through 2029?
The market size for antibiotics and antimicrobials for animals is forecasted to experience substantial expansion in the forthcoming years, reaching a valuation of $7.48 billion by 2029, with a CAGR of 7.3%. This growth in the expected period can be linked to factors such as emerging illnesses, rising global population, alterations in regulations, and public health matters. Key trends during the prognosis period encompass alternative resolutions, joint efforts, personalized treatment strategies, an increase in research funds, and the incorporation of blockchain technology.

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What Are the Key Growth Drivers Fueling the Animal Antibiotics and Antimicrobials Market Expansion?
The growth of the animal antibiotics and antimicrobials market is being propelled by the escalating demand for food products sourced from animals. Food products like milk, eggs, meat and others derived from animals are key sources of nourishment and constitute an important part of human dietary intake. Companies and organizations engaged in the production of these food products are striving to nurture healthy or disease-free herd using animal antibiotics and antimicrobials as a preventative measure. For instance, a report released in June 2023 by the Food and Agriculture Organization (FAO), a United Nations specialized agency headquartered in Italy, projected a modest rise in global meat production by 0.8 percent in 2023, amounting to 365 million tonnes (carcass weight equivalent) compared to 2022. Consequently, the growing demand for food products derived from animals is anticipated to stimulate demand for animal antibiotics and antimicrobials during the forecast period.

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What Are the Key Trends Driving Animal Antibiotics and Antimicrobials Market Growth?
The trend of establishing strategic collaborations is rising significantly within the animal antibiotics and antimicrobials market. Businesses in this sector are initiating strategic associations with suitable industry counterparts to further research and advance the development of novel animal antibiotics and antimicrobials. For example, in May 2022, Gnubiotics Sciences, a Swiss biotech firm focusing on addressing microbiome-related health issues in humans and animals, forged a partnership with ADM, a US firm that develops human and health nutrition solutions. This collaboration was aimed at bringing to market new microbiome solutions for the health and wellness of companion animals.

How Is the Animal Antibiotics and Antimicrobials Market Segmented?
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 Companies Are Leading the Charge in Animal Antibiotics and Antimicrobials Market Innovation?
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 Are Leading the Global Animal Antibiotics and Antimicrobials Market in Revenue?
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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