Published by mark itwired
Posted on October 4, 2021
4 min readLast updated: January 31, 2026
The animal antibiotics market is projected to reach US$ 6830.2 Mn by 2029, driven by rising demand for animal protein and pet health insurance.
The global animal antimicrobials and antibiotics market size is expected to reach US$ 6830.2 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.7% CAGR between 2019 and 2029. According to the report, the rising demand for animal protein product will stoke growth in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
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.
Get Free Sample PDF (including full TOC, Tables, and Figures) of Animal Antimicrobials and Antibiotics Market @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11212
“The rising incidence of various diseases among animals, rising livestock population and favourable economic conditions of emerging markets such as China, India, and Brazil, are driving the market for animal antimicrobials and antibiotics.,” said a lead analyst at FMI.
The rising global demand for milk, meat, and other animal products is aiding growth of the market. The rising demand for a variety of meats diet and the rapid adoption of Western eating habits across the globe are fuelling the demand for animal antimicrobials and antibiotics across the globe. Factors such as increasing animal population, rising demand for animal-derived food products, increasing incidence of zoonotic diseases, implementation of regulations for preventing the spread of animal diseases, and rising demand for pet insurance and growing animal health expenditure are key factors driving the global animal antibiotics and antimicrobials market.
Some of the leading players operating in the animal antimicrobials and antibiotics market are 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.
As a result of the rising demand for animal protein products and the rising trend of ownership of pet animals the market will gain impetus. Companies intend to expand their regional footprint through strategic collaborations.
Get more Insights Analysis on this Animal Antimicrobials and Antibiotics Market @ https://www.futuremarketinsights.com/ask-question/rep-gb-11212
Future Market Insights, in its new report, presents an unbiased analysis of the global animal antimicrobials and antibiotics market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. In terms of product, the market can be segmented into penicillins, fluoroquinolones, tetracyclines, aminocoumarin, fusidic acid, phenicols, sulfonamides, aminoglycosides, cephalosporins, bicyclomycin, and macrolides. Based on application the market can be segmented into food-producing animals, and companion animals. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA
The post Animal Antimicrobials and Antibiotics Market Landscape Assessment By Type, Opportunities And Higher Mortality Rates By 2029 appeared first on Market Research Blog.
The article discusses the growth and trends in the animal antimicrobials and antibiotics market, projected to reach US$ 6830.2 Mn by 2029.
Rising demand for animal protein products and increased pet health insurance spending are key growth drivers.
Stringent regulations and the use of in-feed enzymes are limiting factors for market growth.
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