Overview and Scope
The animal antibiotics and antimicrobials refer to veterinary medications that work against bacteria or microorganisms by either killing bacteria/microorganisms or limiting their development and multiplication. These medications are used in animals to treat clinical diseases, to prevent or control common disease events, and enhance animal growth.
Sizing and Forecast
The animal antibiotics and antimicrobials market size has grown strongly in recent years. It will grow from $4.97 billion in 2024 to $5.34 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to disease outbreaks, livestock production growth, regulatory policies, consumer awareness.
The animal antibiotics and antimicrobials market size is expected to see strong growth in the next few years. It will grow to $7.08 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to emerging diseases, global population growth, regulatory changes, public health concerns. Major trends in the forecast period include alternative solutions, collaborative initiatives, customized treatment plans, rising investments in research, integration of blockchain technology.
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Segmentation & Regional Insights
The animal antibiotics and antimicrobials market covered in this report is segmented –
1) By Type of Product: Tetracyclines, Penicillins, 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
Top 5 Major Players:
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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Major Driver Impacting Market Growth
Rising demand for animal-derived food products is driving the growth of the animal antibiotics and antimicrobials market. Animal-derived food products such as milk, eggs, meat, and other act a major source of nutrition and plays a prominent role in human diet. The companies/institutions involved in production of animal-derived foods are focusing on developing healthy herd or disease-free herd through utilization of animal antibiotics and antimicrobials on precautionary basis. For instance, according to the data published in the Packaged Facts report on Global Meat & Poultry trends, global meat and poultry consumption is expected to reach 313 million metric tons in 2024, at a year-on-year growth rate of 1.4%. Therefore, increasing demand for animal-derived food products is expected to boost demand for animal antibiotics and antimicrobials during forecast period.
Key Industry Players
Major companies operating in the animal antibiotics and antimicrobials market report are 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
The animal antibiotics and antimicrobials market report table of contents includes:
1. Executive Summary
2. Animal Antibiotics and Antimicrobials Market Characteristics
3. Animal Antibiotics and Antimicrobials Market Trends And Strategies
4. Animal Antibiotics and Antimicrobials Market – Macro Economic Scenario
5. Global Animal Antibiotics and Antimicrobials Market Size and Growth
……
31. Global Animal Antibiotics and Antimicrobials Market Competitive Benchmarking
32. Global Animal Antibiotics and Antimicrobials Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Animal Antibiotics and Antimicrobials Market
34. Animal Antibiotics and Antimicrobials Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Animal Antibiotics and Antimicrobials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Animal Antibiotics and Antimicrobials Market, Segmentation By Mode of Delivery, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Animal Antibiotics and Antimicrobials Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 74: C.H. Boehringer Sohn AG & Co. KG Financial Performance
Table 75: Zoetis Inc. Financial Performance
Table 76: Elanco Animal Health Inc. Financial Performance
Table 77: Merck & Co. Inc. Financial Performance
Table 78: Phibro Animal Health Corp. Financial Performance
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