Latin America Antibiotics Market Size & Outlook, 2023-2030

The antibiotics market in Latin America is expected to reach a projected revenue of US$ 2,513.0 million by 2030. A compound annual growth rate of 4.9% is expected of Latin America antibiotics market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,802.9
Forecast, 2030 (US$M)
$2,513.0
CAGR, 2024 - 2030
4.9%
Report Coverage
Latin America

Latin America antibiotics market highlights

  • The Latin America antibiotics market generated a revenue of USD 1,802.9 million in 2023.
  • The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
  • In terms of segment, cell wall synthesis inhibitors was the largest revenue generating action mechanism in 2023.
  • DNA Synthesis Inhibitors is the most lucrative action mechanism segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 1,802.9 million
Market revenue in 2030USD 2,513.0 million
Growth rate4.9% (CAGR from 2023 to 2030)
Largest segmentCell wall synthesis inhibitors
Fastest growing segmentDNA Synthesis Inhibitors
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCell Wall Synthesis Inhibitors, Protein Synthesis Inhibitors, DNA Synthesis Inhibitors, RNA Synthesis Inhibitors, Mycolic Acid Inhibitors
Key market players worldwideAbbVie Inc, Pfizer Inc, Novartis AG ADR, Merck & Co Inc, Teva Pharmaceutical Industries Ltd, Lupin, Viatris Inc, Melinta Therapeutics, Cipla Ltd DR, Shionogi & Co Ltd, GSK PLC, Kyorin Pharmaceutical, Nabriva Therapeutics

Other key industry trends

  • In terms of revenue, Latin America region accounted for 3.5% of the global antibiotics market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 31,962.7 million by 2030.

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Antibiotics Market Companies

Name Profile # Employees HQ Website

Latin America antibiotics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antibiotics market will help companies and investors design strategic landscapes.


Cell wall synthesis inhibitors was the largest segment with a revenue share of 47.35% in 2023. Horizon Databook has segmented the Latin America antibiotics market based on cell wall synthesis inhibitors, protein synthesis inhibitors, dna synthesis inhibitors, rna synthesis inhibitors, mycolic acid inhibitors covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Antibiotics Action Mechanism Outlook (Revenue, USD Million, 2018-2030)
    • Cell Wall Synthesis Inhibitors
    • Protein Synthesis Inhibitors
    • DNA Synthesis Inhibitors
    • RNA Synthesis Inhibitors
    • Mycolic Acid Inhibitors
    • Others
  • Latin America Antibiotics Type Outlook (Revenue, USD Million, 2018-2030)
    • Branded Antibiotics
    • Generic Antibiotics
  • Latin America Antibiotics Drug Class Outlook (Revenue, USD Million, 2018-2030)
    • Cephalosporins
    • Penicillins
    • Fluoroquinolones
    • Macrolides
    • Carbapenems
    • Aminoglycosides
    • Sulfonamides
    • 7-ACA
    • Others

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America antibiotics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America antibiotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America antibiotics market size, by country, 2018-2030 (US$M)

Latin America Antibiotics Market Outlook Share, 2023 & 2030 (US$M)

Latin America antibiotics market size, by country, 2018-2030 (US$M)

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