South Africa Animal Antimicrobial And Antibiotics Market Size & Outlook
The animal antimicrobial and antibiotics market in South Africa is expected to reach a projected revenue of US$ 9.6 million by 2030. A compound annual growth rate of 3.9% is expected of South Africa animal antimicrobial and antibiotics market from 2023 to 2030.
Revenue, 2022 (US$M)
$7.1
Forecast, 2030 (US$M)
$9.6
CAGR, 2023 - 2030
3.9%
Report Coverage
South Africa
Related Markets
South Africa animal antimicrobial and antibiotics market highlights
- The South Africa animal antimicrobial and antibiotics market generated a revenue of USD 7.1 million in 2022 and is expected to reach USD 9.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, antimicrobial was the largest revenue generating type in 2022.
- Antimicrobial is the most lucrative type segment registering the fastest growth during the forecast period.
Animal antimicrobial and antibiotics market data book summary
| Market revenue in 2022 | USD 7.1 million |
| Market revenue in 2030 | USD 9.6 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Antimicrobial |
| Fastest growing segment | Antimicrobial |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antimicrobial, Antibiotics |
| Key market players worldwide | Boehringer Ingelheim, CEVA Inc, Elanco Animal Health Inc, Neogen Corp, Phibro Animal Health Corp Class A, Vetoquinol SA, Virbac SA, Zoetis Inc Class A |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global animal antimicrobial and antibiotics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia animal antimicrobial and antibiotics market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 9.6 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 |
South Africa animal antimicrobial and antibiotics market size, by type, 2018-2030 (US$M)
South Africa Animal Antimicrobial And Antibiotics Market Outlook Share, 2022 & 2030 (US$M)
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