Global Animal Antimicrobial And Antibiotics Market Size & Outlook
The global animal antimicrobial and antibiotics market size was estimated at USD 678.5 million in 2022 and is projected to reach USD 893.9 million by 2030, growing at a CAGR of 3.5% from 2023 to 2030.
Revenue, 2022 (US$M)
$678.5
Forecast, 2030 (US$M)
$893.9
CAGR, 2023 - 2030
3.5%
Report Coverage
Worldwide
Global animal antimicrobial and antibiotics market, 2018-2030 (US$M)
Related Markets
Global animal antimicrobial and antibiotics market highlights
- The global animal antimicrobial and antibiotics market generated a revenue of USD 678.5 million in 2022 and is expected to reach USD 893.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.5% by 2030.
- In terms of segment, antibiotics accounted for a revenue of USD 373.7 million in 2022.
- Antimicrobial is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 678.5 million |
| Market revenue in 2030 | USD 893.9 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Antibiotics |
| Fastest growing segment | Antimicrobial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antimicrobial, Antibiotics |
Other key industry trends
- In terms of revenue, the North America accounted for 21.0% of the global animal antimicrobial and antibiotics market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 29.7 million by 2030.
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Animal Antimicrobial And Antibiotics Market Scope
Animal antimicrobial and antibiotics market segmentation & scope
Animal Antimicrobial And Antibiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Phibro Animal Health Corp Class A | View profile | 1920 | 300 Frank W. Burr Boulevard, Suite 21, 3rd Floor, Glenpointe Centre East, Teaneck, NJ, United States, 07666-6712 | https://www.pahc.com |
| Vetoquinol SA | View profile | 2483 | Magny-Vernois, BP 189, Lure cedex, France, 70204 | http://www.vetoquinol.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| Neogen Corp | View profile | 2640 | 620 Lesher Place, Lansing, MI, United States, 48912 | https://www.neogen.com |
| Elanco Animal Health Inc | View profile | 9800 | 2500 Innovation Way, Greenfield, IN, United States, 46140 | https://www.elanco.com |
| CEVA Inc | View profile | 424 | 15245 Shady Grove Road, Suite 400, Rockville, MD, United States, 20850 | https://www.ceva-dsp.com |
| Virbac SA | View profile | 5400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | https://www.virbac.com |
| Zoetis Inc Class A | View profile | 14100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.zoetis.com |
Global animal antimicrobial and antibiotics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Animal antimicrobial and antibiotics market size, 2022 (US$M)
Global animal antimicrobial and antibiotics market share, by livestock, 2022 & 2030 (%, US$M)
Animal antimicrobial and antibiotics market: Opportunity assessment by country
Global animal antimicrobial and antibiotics market, by region, 2022 (US$M)
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