Global Animal Antimicrobial And Antibiotics Market Size & Outlook
The animal antimicrobial and antibiotics industry worldwide is expected to reach a projected revenue of US$ 893.9 million by 2030. A compound annual growth rate of 3.5% is expected of the worldwide animal antimicrobial and antibiotics industry from 2023 to 2030.
Revenue, 2022 (US$M)
$678.5
Forecast, 2030 (US$M)
$893.9
CAGR, 2023 - 2030
3.5%
Report Coverage
Worldwide
Global animal antimicrobial and antibiotics market, 2018-2030 (US$M)
Related Markets
Global animal antimicrobial and antibiotics market highlights
- The global animal antimicrobial and antibiotics market generated a revenue of USD 678.5 million in 2022 and is expected to reach USD 893.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.5% by 2030.
- In terms of segment, antibiotics accounted for a revenue of USD 373.7 million in 2022.
- Antimicrobial is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 678.5 million |
| Market revenue in 2030 | USD 893.9 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Antibiotics |
| Fastest growing segment | Antimicrobial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antimicrobial, Antibiotics |
Other key industry trends
- In terms of revenue, the North America accounted for 21.0% of the global animal antimicrobial and antibiotics market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 29.7 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 |
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Global animal antimicrobial and antibiotics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Animal antimicrobial and antibiotics market size, 2022 (US$M)
Global animal antimicrobial and antibiotics market share, by type, 2022 & 2030 (%, US$M)
Animal antimicrobial and antibiotics market: Opportunity assessment by country
Global animal antimicrobial and antibiotics market, by region, 2022 (US$M)
Related regional statistics
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