APAC Feed Antibiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Feed Antibiotics Market Analysis
The Asia pacific feed antibiotics market is projected to register a CAGR of 4.2% during the forecast period 2020-2025. Industrialization, increasing animal disease, expansion of the meat market, and changing demographics are the major factors for attractiveness in this region. The feed antibiotics are used in the livestock industry to obtain a high feed efficiency rate and to prevent and treat disease in the herds of animals or in an individual animal. Tetracyclines, Penicillins, sulfonamide, macrolides are some of the major antibiotics used in the livestock industry.
APAC Feed Antibiotics Market Trends
This section covers the major market trends shaping the APAC Feed Antibiotics Market according to our research experts:
Increased Meat Consumption
Despite the expanding concern with respect to the antimicrobial opposition in people because of the utilization of anti-microbials in domesticated animals, meat utilization is expanding each year. According to the Food and Agricultural Organization, the meat consumption has increased to 143.68 million tons in 2018. Pork meat is mostly consumed by humans in this region contributing 46% of the total meat consumption followed by poultry meat with 32%. Generally, antibiotics are used in livestock to treat and prevent diseases but recently farmers are misusing it as growth promoters which are affecting human health. However, the Government of various countries like India and China is following strict regulations to monitor and regulate the usage of antibiotics by educating farmers. This abolishes the misconception of usage in livestock leading to an increase in meat consumption, increasing the need for quality meat production with the help of antibiotics.
Increasing Poultry Production in China and India
China is the largest Feed Antibiotic market in the Asia Pacific region followed by India owing to the fast pace of modernization, increasing meat consumption, livestock production, and the outbreak of various animal diseases. Feed antibiotics are mostly used in poultry to maintain animals' health and prevent disease outbreak. The demand for poultry production in India and China is increasing at a CAGR of 3.9% and 1.7% respectively. With this increasing demand and animal health awareness among farmers, there will be huge scope for the growth of the Feed Antibiotic market in the coming years too in this region.
APAC Feed Antibiotics Industry Overview
The Feed Antibiotics market in the Asia Pacific region is consolidated with a few major players dominating the market. The key players are Bayer Health Care AG, Virbac Animal Health, Merck Animal Health, Elanco Animal Health, etc., which occupy major market share. These companies are adopting strategies such as mergers and acquisitions, expansions, investment in R&D in order to expand their business. In the year 2019, Bayer Animal Health GmbH and Nutreco have signed a global research and development collaboration agreement to develop game-changing solutions that promote animal well-being and enhance the nutritional and health performance of farm animals.
APAC Feed Antibiotics Market Leaders
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Bayer HealthCare AG
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Merck Animal Health
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Elanco Animal Health Inc
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Boehringer Ingelheim International Gmbh
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Zoetis
*Disclaimer: Major Players sorted in no particular order
APAC Feed Antibiotics Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porters Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Tetracyclines
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5.1.2 Penicillins
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5.1.3 Sulfonamides
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5.1.4 Macrolides
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5.1.5 Aminoglycosides
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5.1.6 Cephalosporins
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5.1.7 Others
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5.2 Animal Type
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5.2.1 Ruminant
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5.2.2 Poultry
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5.2.3 Swine
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5.2.4 Aquaculture
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5.2.5 Others
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5.3 Geography
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5.3.1 China
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5.3.2 India
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5.3.3 Japan
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5.3.4 Australia
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5.3.5 Rest of Asia Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Market Share Analysis
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6.2 Most Adopted Strategy
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6.3 Company Profiles
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6.3.1 Bayer HealthCare AG
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6.3.2 Virbac Animal Health Pvt Ltd
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6.3.3 Merck Animal Health
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6.3.4 Elanco Animal Health Inc.
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6.3.5 Zydus Cadila Healthcare Pharmaceutical company
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6.3.6 Zoetis
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6.3.7 Boehringer Ingelheim International Gmbh
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
APAC Feed Antibiotics Industry Segmentation
The feed antibiotics are used in the livestock industry to obtain a high feed efficiency rate and to prevent and treat disease in the herds of animals or in an individual animal. Tetracyclines, Penicillins, sulfonamide, macrolides are some of the major antibiotics used in the livestock industry. The Asia-Pacific feed Antibiotics market report is segmented by Type (Tetracyclines, Penicillins, Sulfonamides, Macrolides, Aminoglycosides, Cephalosporins, others) by Animal Type (Ruminant, Poultry, Swine, Aquaculture, and Others) and by Geography (China, India, Japan, Australia, Thailand and Rest of Asia Pacific).
| Type | |
| Tetracyclines | |
| Penicillins | |
| Sulfonamides | |
| Macrolides | |
| Aminoglycosides | |
| Cephalosporins | |
| Others |
| Animal Type | |
| Ruminant | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Others |
| Geography | |
| China | |
| India | |
| Japan | |
| Australia | |
| Rest of Asia Pacific |
APAC Feed Antibiotics Market Research FAQs
What is the current Asia-Pacific Feed Antibiotics Market size?
The Asia-Pacific Feed Antibiotics Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Feed Antibiotics Market?
Bayer HealthCare AG , Merck Animal Health, Elanco Animal Health Inc, Boehringer Ingelheim International Gmbh and Zoetis are the major companies operating in the Asia-Pacific Feed Antibiotics Market.
What years does this Asia-Pacific Feed Antibiotics Market cover?
The report covers the Asia-Pacific Feed Antibiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Feed Antibiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Feed Antibiotics Industry Report
Statistics for the 2024 Asia-Pacific Feed Antibiotics market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Asia-Pacific Feed Antibiotics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
