Global Antibiotics in Animal Feed Market 2023-2029
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. According to the latest research, the global antibiotics in animal feed market is poised to grow by USD 0.4 billion during 2023-2029, progressing at a CAGR of 1.8% during the forecast period.
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. The tetracyclines segment was the largest contributor to the global antibiotics in animal feed market in 2022. Antibiotics in animal feed market is further segmented by animal type: aquaculture, poultry, ruminant, swine, others. According to the research, the swine segment had the largest share in the global antibiotics in animal feed market. Based on region, the antibiotics in animal feed market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest revenue share in 2022.
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 explores the recent developments and profiles of key vendors in the Global Antibiotics in Animal Feed Market, including 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
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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