Antibiotics are chemotherapeutic agents used for the clinical management of infectious diseases in humans, plants and animals. They work by killing bacteria or preventing them from spreading. Antibiotics have been effective in improving the rate and efficiency of gain in swine, cattle, and poultry. The global antibiotics in animal feed market is expected to increase by USD 0.4 billion, at a compound annual growth rate (CAGR) of 1.84% from 2023 to 2029, according to the latest edition of the Global Antibiotics in Animal Feed Market Report.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global antibiotics in animal feed market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, animal type, and region. The global market for antibiotics in animal feed can be segmented by type: aminoglycosides, cephalosporins, macrolides, penicillins, sulfonamides, tetracyclines, others. Globally, the tetracyclines segment made up the largest share of the antibiotics in animal feed market. Antibiotics in animal feed market is further segmented by animal type: aquaculture, poultry, ruminant, swine, others. The swine segment captured the largest share of the market in 2022. Based on region, the antibiotics in animal feed market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. According to the research, Asia-Pacific had the largest share in the global antibiotics in animal feed market.
Market Segmentation
By type: aminoglycosides, cephalosporins, macrolides, penicillins, sulfonamides, tetracyclines, others
By animal type: aquaculture, poultry, ruminant, swine, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading antibiotics in animal feed market vendors that include ECO Animal Health Group plc, Elanco Animal Health Incorporated, Kemin Industries Inc., Merck & Co. Inc., Phibro Animal Health Corporation, Virbac SA, Zoetis Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global antibiotics in animal feed market.
• To classify and forecast the global antibiotics in animal feed market based on type, animal type, region.
• To identify drivers and challenges for the global antibiotics in animal feed market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global antibiotics in animal feed market.
• To identify and analyze the profile of leading players operating in the global antibiotics in animal feed market.
Why Choose This Report
• Gain a reliable outlook of the global antibiotics in animal feed market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.