Animal Antimicrobials and Antibiotics Market Report 2021, Insights, Growth Rate, Future Trends | Operating Top Vendors and Regions

Antibiotics are used in livestock husbandry for a variety of purposes, including therapeutic (treatment when sick), curing a batch of animals when at least one among the group is diagnosed ill (metaphylaxis, which is similar to how bacterial meningitis is managed in children), and prophylaxis (preventative treatment against a number of diseases). The use of sub-therapeutic dosages in water and/or animal feed to improve feed efficiency and growth was completely prohibited from January 1, 2017, according to the new FDA Veterinary Feed Directive. Antimicrobials (including antifungals and antibiotics) and other types of drugs are used by livestock owners and veterinarians in the U.S. for control, treatment, or prevention of livestock diseases.

Tetracycline, a crucial raw ingredient for antibiotics, has seen remarkable expansion in recent years. The animal antimicrobials and antibiotics industry is likely to benefit from increased demand for penicillin-based antibiotics. The global market is expected to benefit from an increase in demand for animal protein products. Increasing animal health and welfare measures are likely to benefit the global market for animal antimicrobials and antibiotics. Increasing animal disease outbreaks are expected to contribute significantly to the worldwide animal antimicrobials and antibiotics industry. The growing livestock population is expected to help the animal antimicrobials and antibiotics market even more. End-use sectors, such as the animal meat industry, have seen tremendous expansion in recent years and are likely to continue to grow rapidly over the forecast period.

Rising demand for livestock products, owing to an increase in livestock population around the world, is expected to drive growth in the animal antimicrobials and antibiotics market. Furthermore, the increased frequency of animal diseases is projected to contribute in the expansion of this industry. However, the usage of in-feed enzymes as well as tight regulations are limiting the market's growth. Another factor helping the market's overall growth is the rising demand for animal proteins and the expanding trend of pet ownership. The growing incidences of animal disease epidemics, rising population of livestock and favorable economic conditions of emerging economies including China, Brazil, and India, are encouraging the growth of this market.