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Animal Antibiotics and Antimicrobials Market Share

Report ID: GMI5608
Published Date: May 2023
Report Format: PDF

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Animal Antibiotics and Antimicrobials Market Share

The animal antibiotics and antimicrobials market consists of several players including:

Zoetis Inc.
Merck & Co., Inc.
Elanco Animal Health Incorporated
Boehringer Ingelheim International GmbH
Ceva Sante Animal
Virbac
Vetoquinol
Bayer AG
Novartis AG
Eli Lilly
Sanofi
Arthrex

to maintain a competitive edge in the industry.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for animal antibiotics & antimicrobials was valued at over USD 4.6 billion in 2022 and is forecasted to reach over USD 6.7 billion by 2032.

The tetracyclines segment accounted for over 42.6% share of the animal antibiotics and antimicrobials market in 2022 and is expected to record robust demand due to its highest potency against pathogenic microorganisms.

The livestock animals segment held a 57.9% market share in 2022 and is projected to expand further driven by rising demand for animal-based products & the introduction of regulations to prevent diseases.

Zoetis Inc., Merck & Co., Inc., Boehringer Ingelheim International GmbH, Virbac, Vetoquinol, Bayer AG, Novartis AG, Eli Lilly, and Sanofi are some of the leading players in the animal antibiotics and antimicrobials market.