Animal Antimicrobials and Antibiotics Market

2019 Analysis and Review Animal antimicrobials and antibiotics Market by Application - Food-Producing Animals, And Companion Animals for 2019 - 2029

  • 2020-04-06
  • REP-GB-11212
  • 128 Tables
  • 112 Figures
  • 200 pages
  • PDF PPT EXCEL
Animal Antimicrobials and Antibiotics Market
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Global Animal Antimicrobials and Antibiotics Market to Reach US$ 6830.2 Mn by 2029

The global animal antimicrobials and antibiotics market is projected to reach US$ 6830.2 Mn by the end of 2029. The market was valued at US$ 4314.9 Mn in 2019. If these figures hold true, the market will exhibit a CAGR of 4.7% between 2019 and 2029. Regionally, North America will continue to be leading market for animal antimicrobials and antibiotics. During the forecast period, rising demand for pet insurance and growing animal health expenditure are expected to drive the global animal antibiotics and antimicrobials market.

On the downside, current pandemic situation resulted due to the spread of coronavirus is hampering the market’s supply-chain. Furthermore, the market may face loss on account of imports and exports slow down resulting due to various preventive measures undertaken to contain the spread of disease.

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KEY RESEARCH FINDINGS

  • Increasing consumer interest towards pet, besides rising consumption of animal derived food products is inducing growth in the market.
  • Certain factors such as the rising use of in-feed enzymes, strict regulatory policies, and augmented use of alternative medicines such as prebiotics are expected to impede growth of the overall animal antimicrobials and antibiotics market to a certain extent over the report’s forecast period.
  • North America was the dominant region in the animal antimicrobials and antibiotics market and accounted for almost one third of the total global demand followed closely by Europe. This trend was mainly due to growing urbanization, high disposable income and soaring demand for animal related products.
  • Developing regions such as Asia Pacific and Middle East & Africa have been witnessing substantial growth in the recent past and are expected to experience brisk growth over the next seven years. Central & South America is also projected to witness rapid animal antimicrobials and antibiotics market growth.   

KEY FACTORS SHAPING ANIMAL ANTIMICROBIALS AND ANTIBIOTICS MARKET

Rising Incidences of Zoonotic Disease

Global animal production has reduced by nearly a fifth annually, attributed to rising caseloads of zoonotic diseases. Driven by rising awareness regarding zoonotic diseases such as bird flu, brucellosis, and swine flu, farm owners are increasingly focusing on proper care of livestock through efficient vaccination.

The European Food Safety Authority (EFSA) has revealed that over 3,00,000 cases of foodborne and zoonotic disorders are reported every year in the European Union (EU). However, the number of salmonellosis cases in humans reduced by about 5% in the EU during 2010-2012. This was primarily due to increasing animal healthcare initiatives such as use of vaccines and preventive medication, taken by the animal owning population in the region.

Increasing Ownership of Pet Animals

Influenced by western culture, pet-ownership has become a status symbol in developing countries such as China, and India. In addition, people adopt dogs and cats for therapeutic and psychological benefits. For instance, pet ownership in the US has surge nearly twice over the past several decades. As per the American Pet Products Association (APPA), there were about 8o million pet dogs and around 96 million pet cats in the country in 2012, with nearly half of the households owning at least one dog or cat. As per The Week magazine, total spending on companion animals in the US including, animal food, and healthcare, has increased gradually.

COVID-19 Impact on Animal Antimicrobials and Antibiotics Market

The coronavirus (COVID-19) pandemic has significantly put a strain on animal antimicrobials and antibiotics market. The market that stretches from livestock to companion animal healthcare, has been exposed to volatilities amidst the pandemic. Initial speculations putting blames on meat and meat-derived products for the contagion have triggered short-term slowdowns in manufacturing units. That being said, studies have underlined that animals are not responsible for the spread. As such, the animal antimicrobials and antibiotics market is set for resurgence, with demand uptick for animal-based products such as eggs, milk, and meat.

STRUCTURE ANALYSIS

Some of the leading players operating in the animal antimicrobials and antibiotics market are Tostito’s Salsa and Best Foods Mayonnaise, Heinz, French’s Classic Mustard, Mondelez International (Kraft Foods Group Inc.), and Hellmann’s Inc.

Report Metric

Details

Base Year

2019

Historical Period

2015-2019

Forecast Period

2029-2029

Forecast Units

Value (USD) Bn

Segments Covered

Product Type, Application, Form and Region

Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA

Key Companies

Bioniche Animal Health, Fort Dodge Animal Health, Bayer Animal Health, Elanco Animal Health, Ceva Sante Animale S.A., Merck Animal Health, Virbac Animal Health, Zoetis, Inc., Merial, Phibro Animal Health Corp., and Novartis Animal Health.

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends.

Animal Antimicrobials and Antibiotics to Witness High Sales Due to Rising Demand for Animal Protein Products

The increasing demand for livestock products will aid the expansion of the market. Also, rising awareness about various diseases threatening animals is aiding in the growth of this market. However, the use of in-feed enzymes and stringent regulations are limiting the growth of this market. The increasing demand for pets and their spending towards health insurance is creating growth opportunities for the market. 

Economic Expansion to Offer Major Growth Opportunities in Developing Nations

Regionally, the global animal antimicrobials and antibiotics market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and the Middle East and Asia. Among these regions North America and Europe currently lead the market. North America leads the global animal antimicrobials and antibiotics market as the region witnesses a higher occurrence of animal diseases outbreak, excessive livestock product consumption, high companion animal ownership, and increased awareness for animal diseases outbreaks.

Asia-Pacific is the fastest growing region in the global animal antimicrobials and antibiotics market. Growth witnessed in this region is attributed to increasing livestock population, growing demand for animal antimicrobials, and high incidence of animal diseases. Moreover, the Asia-Pacific animal antimicrobials and antibiotics market is growing, due to increasing disposable income and companion animal ownership, and increasing government involvement in countering animal diseases outbreaks in the emerging countries, such as India and China.

* This data is only a representation. Actual data may vary and will be available in report.

Economic Expansion to Offer Major Growth Opportunities in Developing Nations
Economic Expansion to Offer Major Growth Opportunities in Developing Nations
Economic Expansion to Offer Major Growth Opportunities in Developing Nations
Economic Expansion to Offer Major Growth Opportunities in Developing Nations
  • 2014
  • 2019
  • 2022
  • 2029
  • Arrow

Rising Awareness among Consumers will Stoke Growth Opportunities

Growing urbanization, increasing disposable income and increasing demand for animals as a pet are encouraging growth in the animal antimicrobials and antibiotics market. Increasing animal disease outbreaks are touted to play a key role in aiding expansion of the global animal antimicrobials and antibiotics market. Growing livestock population is anticipated to further assist the animal antimicrobials and antibiotics market. Awareness on animal illness and other diseases spread in animals and livestock which makes it difficult to have animal-based products edible for human use is leading towards animal antimicrobials and antibiotics to cure these illnesses in animals and

segment held the leading market share

segment forecast to higher rate of growth

Companion animals segment holds dominance

Food producing animals segment to rise at a higher CAGR

How Growth will Unfold

Globally consumers have not only become more aware about healthy living and eating, but have a higher disposable income supporting their willingness to spend on animal antibiotics to treat their animals from illness and make them healthy.  Rise in demand for animal protein products is projected to aid the global market. Increasing initiatives concerning animal health and welfare are expected to aid the overall global market for animal antimicrobials and antibiotics market. Increasing animal disease outbreaks are touted to play a key role in complimenting the global animal antimicrobials and antibiotics market. Growing livestock population is anticipated to further assist the animal antimicrobials and antibiotics market.

Animal Antimicrobials and Antibiotics Market: Analysis and Forecast by Animal Type

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Animal Antibiotics and Antimicrobials Market: Global Industry Analysis 2015-2019 & Opportunity Assessment 2020-2030

A recent market study published by Future Market Insights on the Animal Antibiotics and Antimicrobials Market offers global industry analysis for 2015-2019 & opportunity assessment for 2020-2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters of the Animal Antibiotics and Antimicrobials Market, the growth prospects of the market are obtained with maximum precision.

Animal Antimicrobials and Antibiotics Market Taxonomy

The global Animal Antibiotics and Antimicrobials Market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product

  • Tetracyclines
  • Penicillins
  • Macrolides
  • Aminoglycosides
  • Sulfonamides
  • Fluoroquinolones
  • Lincosamides
  • Cephalosporins
  • Other Antimicrobials and Antibiotics

Mode of Delivery

  • Premixes
  • Oral Powders
  • Oral Solutions
  • Injections

Animal Type

  • Food-producing Animals
  • Companion Animals

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia 
  • Oceania
  • MEA

What's Included

The executive summary of the Animal Antibiotics and Antimicrobials Market includes the market proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Animal Antibiotics and Antimicrobials Market.

Readers can find the detailed segmentation and definition of the Animal Antibiotics and Antimicrobials Market in this chapter, which will help them understand basic information about the Animal Antibiotics and Antimicrobials Market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the Animal Antibiotics and Antimicrobials Market report.

The associated industry assessment of the Animal Antibiotics and Antimicrobials Market is carried out in this section. The macroeconomic factors affecting growth of the Animal Antibiotics and Antimicrobials Market are provided in this section and the impact of these macroeconomic indicators on the Animal Antibiotics and Antimicrobials Market is analyzed. The processing overview and technological advancements in the Animal Antibiotics and Antimicrobials Market is also provided.

Profit margins at each level of the Animal Antibiotics and Antimicrobials Market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the Animal Antibiotics and Antimicrobials Market.

The drivers and restraints impacting the growth of the Animal Antibiotics and Antimicrobials Market are explained in this chapter. Opportunities and ongoing trends in the Animal Antibiotics and Antimicrobials Market are also comprehensively discussed.

This chapter includes detailed analysis of the historical Animal Antibiotics and Antimicrobials Market (2015-2019), along with an opportunity analysis for the forecast period (2020-2030). Readers can also find the absolute $ opportunity for the current year (2020 - 2021) and incremental opportunity for the forecast period (2020-2030).

Based on Product, the Animal Antibiotics and Antimicrobials Market is segmented into Tetracyclines, Penicillins, Macrolides, Aminoglycosides, Sulfonamides, Fluoroquinolones, Lincosamides and Cephalosporins. In this chapter, readers can find information about key trends and developments in the Animal Antibiotics and Antimicrobials Market and market attractiveness analysis based on raw material.

Based on Mode of Delivery, the Animal Antibiotics and Antimicrobials Market is classified into Premixes, Oral Powders, Oral Solutions and Injections. This part also offers market attractiveness analysis based on Mode of Delivery.

Based on Animal Type, the Animal Antibiotics and Antimicrobials Market is classified into Food-producing Animals and Companion Animals. This part also offers market attractiveness analysis based on Animal Type.

This chapter explains how the Animal Antibiotics and Antimicrobials Market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.

This chapter includes a detailed analysis of the growth of the Animal Antibiotics and Antimicrobials Market in North America, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on end users and countries in the North America region.

Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the Animal Antibiotics and Antimicrobials Market in Latin America. This chapter also includes growth prospects of the Animal Antibiotics and Antimicrobials Market in leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.

Important growth prospects of the Animal Antibiotics and Antimicrobials Market based on its end users in several countries such as Germany, U.K., France, Italy, Spain, BENELUX, Nordic, Russia, Poland, and the Rest of Western Europe are included in this chapter.

In this chapter, readers can find information about key trends and developments in the key countries of South Asia such as India, Thailand, Malaysia, Indonesia, Singapore, and Rest of South Asia Animal Antibiotics and Antimicrobials Market.

This chapter includes a detailed analysis of the growth of the Animal Antibiotics and Antimicrobials Market in the East Asia region, along with a country-wise assessment that includes Japan, China, and South Korea. Readers can also find regional trends, regulations, and market growth based on end users and countries in the APEJ region.

This chapter offers insights into how the Animal Antibiotics and Antimicrobials Market is expected to grow in major countries in the Middle East region such as Australia and New Zealand, during the forecast period 2020-2030.

This chapter contains information about the market growth of Brewery Equipment in Middle East region such as GCC Countries, South Africa, North Africa, and the Rest of Middle East, during the forecast period 2020-2030.

In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Animal Antibiotics and Antimicrobials Market along with their market presence analysis by region and product portfolio.

In this chapter, readers can find a comprehensive list of leading manufacturers in the Animal Antibiotics and Antimicrobials Market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Zoetis Inc., Elanco Animal Health, Merck Animal Health, Merial, Bayer Animal Health, Virbac Animal Health, CEVA Santé Animale, Bioniche Animal Health, Fort Dodge Animal Health, Bayer Animal Health, Phibro Animal Health Corp. and Novartis Animal Health.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Brewery Equipment report.

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the Animal Antibiotics and Antimicrobials Market.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Sales Heads
  • Production Managers
  • Distributors Heads
  • Sales Executives
  • Product Manufacturers
  • Distributors
  • Traders 
  • Industry Experts
  • End Users
  • Current Market Dynamics and Challenges
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Near-term and Long-term Market Growth Prospects
  • Market Segment Splits and Authenticity
  • Opinions on Market Projections and Validity Of Assumptions

Secondary Research

  • Industry Publications
    • Industrial Week
    • Industrial Product Review
    • Industrial Magazine
  • Industry Associations
    • Dieticians Association
    • Food and Agriculture Organization
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits

Primary Interview Splits animal antimicrobials and antibiotics market designation

Primary Interview Splits animal antimicrobials and antibiotics market stakeholder

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