South Korea Veterinary Antibiotics Market Size & Outlook
South Korea veterinary antibiotics market, 2018-2030 (US$M)
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South Korea veterinary antibiotics market highlights
- The South Korea veterinary antibiotics market generated a revenue of USD 43.1 millions in 2023 and is expected to reach USD 55.7 millions by 2030.
- The South Korea market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, pigs was the largest revenue generating animal type in 2023.
- Cattle is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary antibiotics market data book summary
| Market revenue in 2023 | USD 43.1 millions |
| Market revenue in 2030 | USD 55.7 millions |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Pigs |
| Fastest growing segment | Cattle |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Pigs, Cattle, Sheep & Goats, Poultry |
| Key market players worldwide | Merck & Co Inc, Ceva Santé Animale, Vetoquinol SA, Boehringer Ingelheim Pharma, Dechra Pharmaceuticals, Elanco Animal Health Inc, Virbac SA, Calier, Bimeda, Norbrook |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.8% of the global veterinary antibiotics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China veterinary 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 265.0 millions by 2030.
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Veterinary Antibiotics Market Scope
Veterinary Antibiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea veterinary 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 veterinary antibiotics market will help companies and investors design strategic landscapes.
Pigs was the largest segment with a revenue share of 38.05% in 2024. Horizon Databook has segmented the South Korea veterinary antibiotics market based on pigs, cattle, sheep & goats, poultry covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea veterinary antibiotics market databook
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Our clientele includes a mix of veterinary antibiotics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea veterinary antibiotics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea veterinary antibiotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea veterinary antibiotics market size, by animal type, 2018-2030 (US$Ms)
South Korea Veterinary Antibiotics Market Outlook Share, 2024 & 2030 (US$M)
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