Global non-therapeutic
antibiotics for food animals market size is expected to grow at a CAGR of 5.3%
over the period of 2017–2023. Non-therapeutic antibiotics are administered at
sub therapeutic levels in order to increase feed conversion rate. In order to
have better margins livestock farmers administer the antibiotics in very low
quantity through water especially in poultry and swine. Compound feed
manufacturers and feed premix manufacturers are also adding antibiotics to make
sure, their feed and ingredients give maximum profit to its buyers. However,
such practice has led to development of antibiotic resistant pathogens and
hence are being banned in many countries and also controversy on its uses are
increasing progressively. Thus the growth of antibiotics in many countries are
being plateaued out and in others growth may prematurely can plateaued or even
drastically fall.
Figure: Non-Therapeutic Antibiotics for Food Animals Market Value by 2015-2023
Market Insights
Livestock production growth as
the demand for meat is increasing in most parts of the world has resulted in
increased uses of antibiotic at sub therapeutic level which has increased the
profitability of ventures. Feed cost fluctuations and tighter margins also
necessitates the uses of such ingredients which is directly related to
productivity.
Thus, the demand is expected to
remain stable but govt regulations is the biggest hindrance although companies
lobby their interest in the legislature to delay such measures as far as
possible but long-term growth doesn’t look promising esp. in developed nations
and in countries where the food department is very strict.
Segments Covered
The report covers the analysis of
global as well as regional markets of non-therapeutic antibiotics for food
animal market. The non-therapeutic antibiotics for food animals market is
segmented by antibiotic class, route of administration, target animals and
active ingredient. The non-therapeutic antibiotics for food animals market by
target animals is segmented as cattle feed, poultry feed, swine feed, aqua feed
and others. On the basis of antibiotic class, the market is segmented as,
tetracyclines, penicillin, macrolide, sulfas, aminoglycosides, lancosamides,
cephalosporin and others. Based on route of administration the market is
segmented as compound feed, feed premix, water and feed mixtures. Furthermore,
on the basis of antibiotic active ingredient the non-therapeutic antibiotics
for food animals market is segmented as oxytetracyclines, tylosin, ampicillin
and amoxycillin, gentamicin, sulfaquinoxaline, salinomycin, bacitracin and
others.
Geographies covered
The non-therapeutic antibiotics
for food animals market cover the analysis of geographies such as North
America, Europe, Asia-Pacific, Middle East and Africa and Latin America. In
this section, the key trends and market size for each region is provided over
the period of 2017 – 2023. Europe and North America are the markets where the
antibiotics uses are strictly regulated whereas such regulations are very weak
in South Asian countries. Thus scope of growth is very high coupled with fat
growing market of meat. However slowly
the concerns are raised regularly by NGO, Competent authorities and WHO as it
has potentially can be serious threat to human health.
Companies Profiled
The companies covered in the
report include manufacturers of non-therapeutic antibiotics for food animals
market include, AG Zoetis, Inc,
Boehringer Ingelheim GmbH , Eli Lilly and Company, Merck & Co., Inc.,
Bayer AG, Sanofi, Ceva Sante Animale, Virbac, Vetoquinol S.A., Dechra
Pharmaceuticals.
Report Highlights:
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the demand of on non-therapeutic antibiotics for food animals globally as well
as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings
an insight on the investment areas that existing or new market players can
consider.
Moreover, the study highlights
current market trends and provides forecast from 2017 to 2023. We also have
highlighted future trends in the non-therapeutic antibiotics for food animals
market that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight on the
market share of the leading players. Additionally, the analysis highlights rise
and fall in the market shares of the key players in the market. This report
will help manufacturers, suppliers and distributors of the non-therapeutic
antibiotics for food animals market to understand the present and future trends
in this market and formulate their strategies accordingly.
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