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Feed Antibiotics Market Size, Share and Global Trend By Animal (Livestock, Companion), By Product (Tetracycline, Penicillin, Sulfonamide, Macrolide, Cephalosporin, Fluoroquinolone, Others), By Mode of Delivery (Premixes, Oral Powder, Injection), By End-user (Veterinary Hospitals, Home care, Others) and Geography Forecast till 2021-2028

Region : Global | Report ID: FBI101101 | Status : Ongoing

 

KEY MARKET INSIGHTS

Food producing animals and poultry industries have undergone a drastic change in the previous years, and this is expected to continue as the demand for healthy and nutritious poultry products have risen. An antibiotic is an antimicrobial substance active against bacteria to fight bacterial infections.

Antibiotics in animal feed help in increasing efficiency and growth rate, preventing or reducing the incidence of infectious diseases in animals and thus helps in good production yield. In January 2018, Agricultural Research Service (ARS) scientists introduced naturally produced L-glutamine which can be used as an alternative to the antibiotics that can be used to feed pigs.

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Increased demand for the food derived from animals such as meat and dairy products is one of the major driving factors for the growth of the global feed antibiotics market. According to the World Bank, meat produced by industries is growing six times faster than the traditional method of meat production, leading to the growth in the global feed antibiotics market.

Higher demand penicillin-based antibiotics, rise in demand for the animal protein products, and increasing government initiatives concerning animal health and welfare are some of the factors anticipated to help in growth of the global feed antibiotics market.

However, new regulations imposed by Food and Drug Administration on the excessive use of food antibiotics, increasing resistance to antibiotics, cheaper substitutes to the currently available antibiotics, effects on human health due to the in animal feeds, and use of high feed enzymes in food products are some of the factors restraining the growth of the global feed antibiotics market.

Key Players Covered

The major companies covered in the global feed antibiotics market report include Elanco Animal Health, Zoetis Inc., Vetoquinol, Merck And Co. Inc., Boehringer Ingelheim, Ceva Sante Animale, Bayer AG, Novartis AG, Virbac SA, Eli Lilly and Company and others.

SEGMENTATION

SEGMENTATION

 DENTAILS

By Animal

· Livestock

· Companion

By Product

· Tetracycline

· Penicillin

· Sulfonamide

· Macrolide

· Cephalosporin

· Fluoroquinolone

· Others

By Mode of Delivery

· Premixes

· Oral Powder

· Injection

By End-user

· Veterinary Hospitals

· Home care

· Others

By Geography

· North America (USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico and Rest of Latin America)

· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

As per the current feed antibiotics market trends, tetracycline and penicillin antibiotics account for a higher share owing to its effectiveness in the prevention of animal diseases and increasing feed nutrition.

Key Insights

  • Prevalence of zoonotic diseases – For key countries,2018
  • Pipeline analysis
  • Regulatory scenario
  • Key mergers and acquisitions

Regional Analysis

Geographically, the feed antibiotics market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share in the global feed antibiotics market in 2018 owing to rise in the animal healthcare expenditure, growing livestock population, increase in demand for the animal-derived food products and rise in awareness about the animal diseases in the region. Asia Pacific is anticipated to grow at a significant CAGR owing to increasing demand for meat and dairy products, growing the animal population, and expanding per capita animal health expenditure, especially in India and China. Europe is expected to register a significant CAGR in the forecast period. Latin America and Middle East & Africa account for lower market share in the current market but are expected to witness a rise in CAGR during the forecast period owing to awareness regarding feed antibiotics in the region.

Feed Antibiotics Industry Developments

In March 2019, Canadian Food Inspection Agency revised the Monensin-medicating ingredient brochure, to be used in feed for poultry animals.

In September 2018, Huvepharma acquired the animal health business of Neovia from InVivo Group, to expand the livestock animal health products


Feed Antibiotics Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

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