China Animal Antimicrobial And Antibiotics Market Size & Outlook
The animal antimicrobial and antibiotics market in China is expected to reach a projected revenue of US$ 116.1 million by 2030. A compound annual growth rate of 3.7% is expected of China animal antimicrobial and antibiotics market from 2023 to 2030.
Revenue, 2022 (US$M)
$86.7
Forecast, 2030 (US$M)
$116.1
CAGR, 2023 - 2030
3.7%
Report Coverage
China
China animal antimicrobial and antibiotics market, 2018-2030 (US$M)
Related Markets
China animal antimicrobial and antibiotics market highlights
- The China animal antimicrobial and antibiotics market generated a revenue of USD 86.7 million in 2022 and is expected to reach USD 116.1 million by 2030.
- The China market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
- In terms of segment, antimicrobial was the largest revenue generating type in 2022.
- Antimicrobial is the most lucrative type segment registering the fastest growth during the forecast period.
Animal antimicrobial and antibiotics market data book summary
| Market revenue in 2022 | USD 86.7 million |
| Market revenue in 2030 | USD 116.1 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Antimicrobial |
| Fastest growing segment | Antimicrobial |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antimicrobial, Antibiotics |
| Key market players worldwide | Boehringer Ingelheim, CEVA Inc, Elanco Animal Health Inc, Neogen Corp, Phibro Animal Health Corp Class A, Vetoquinol SA, Virbac SA, Zoetis Inc Class A |
Other key industry trends
- In terms of revenue, China accounted for 12.8% of the global animal antimicrobial and antibiotics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China animal antimicrobial and antibiotics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 48.2 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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China animal antimicrobial and antibiotics market size, by type, 2018-2030 (US$M)
China Animal Antimicrobial And Antibiotics Market Outlook Share, 2022 & 2030 (US$M)
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