Mexico Animal Antimicrobial And Antibiotics Market Size & Outlook

The animal antimicrobial and antibiotics market in Mexico is expected to reach a projected revenue of US$ 29.6 million by 2030. A compound annual growth rate of 4.1% is expected of Mexico animal antimicrobial and antibiotics market from 2023 to 2030.
Revenue, 2022 (US$M)
$21.5
Forecast, 2030 (US$M)
$29.6
CAGR, 2023 - 2030
4.1%
Report Coverage
Mexico

Mexico animal antimicrobial and antibiotics market highlights

  • The Mexico animal antimicrobial and antibiotics market generated a revenue of USD 21.5 million in 2022 and is expected to reach USD 29.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
  • In terms of segment, antibiotics 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 2022USD 21.5 million
Market revenue in 2030USD 29.6 million
Growth rate4.1% (CAGR from 2022 to 2030)
Largest segmentAntibiotics
Fastest growing segmentAntimicrobial
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAntimicrobial, Antibiotics
Key market players worldwideBoehringer 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, Mexico accounted for 3.2% 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 North America, U.S. animal antimicrobial and antibiotics market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 29.6 million by 2030.

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Animal Antimicrobial And Antibiotics Market Scope

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Mexico animal antimicrobial and antibiotics market size, by type, 2018-2030 (US$M)

Mexico Animal Antimicrobial And Antibiotics Market Outlook Share, 2022 & 2030 (US$M)

Mexico animal antimicrobial and antibiotics market size, by type, 2018-2030 (US$M)

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