North America Feed Antibiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.90 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Feed Antibiotics Market Analysis
The North America feed antibiotics market is projected to register a CAGR of 2.9% during the forecast period(2020-2025). Industrialization, increasing animal disease, expansion of the meat market 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. The United States dominates the market owing to the higher demand for meat and the mass production of livestock. The usage of the Veterinary Feed Directive (VFD) drug in farm animal feed requires authorization by a licensed veterinarian, according to the agency's VFD regulations. However, the ban on the use of antibiotics, apart from therapeutic use in the United States, has hampered the market growth. Some of the leading players in the market are Merck & Co., Inc., Elanco, American Regent, Inc., Boehringer Ingelheim Mexico., and Alltech Inc.
North America Feed Antibiotics Market Trends
This section covers the major market trends shaping the North America Feed Antibiotics Market according to our research experts:
Increasing Feed Production Drives the Market
Regular use of antibiotics as feed additives can reduce the risk of disease and increase nutrient-intake efficiency. The improved efficiency gained through antibiotic use decreases the amount of feed. According to the Food and Agriculture Organisation (FAO), in 2016, cattle and buffaloes population in the region was 103.49 million that increased to 105.86 million in 2018. Also, the poultry population was 2402.3 million in 2016 which increased to 2403.6 million in 2018. Thus the growing population and health concern creates demand for quality feed which includes antibiotics. According to the Alltech survey in 2016, feed production in the United States was 169.7 million metric tons that increased to 177.2 million metric tons in 2018. Also, in 2019 the production reached 214 million metric tons, of which beef feed production amounted to 61 million metric tons. This will thus drive the market further during the forecast period.
United States Dominates the Market
Meat, particularly beef, is the centerpiece of the average American dinner. According to the US Department of Agriculture (USDA), the year 2018 set a record of 222.2 pounds per capita of animal meat being consumed in the country, breaking the previous year's record of 216.9 pounds per capita. The growing consumption of meat would stimulate the production of cattle, which, in turn, would bolster the US feed antibiotics market during the forecast period. According to the Food and Agriculture Organisation (FAO), in 2016, cattle and buffaloes population in the United States was 91.88 million that increased to 94.2 million in 2018. Additionally, the poultry bird population in 2016 was 2225.07 million that has raised to 2225.5 million in 2018. In 2016, Elanco gained U.S. approval for two new animal-only antibiotics in pork and poultry, namely Inteprity and Kavault, giving producers new alternatives to protect animal health and well-being without potentially impacting antibiotic treatment outcomes for people. The products prevent mortality caused by necrotic enteritis in poultry.
North America Feed Antibiotics Industry Overview
The North America feed antibiotics market is consolidated with few major players like Bayer Health care, Merck Animal Health, Boehringer Ingelheim International GmbH, Alltech Inc., and Elanco accounting for more than 50% of the total market share. The companies follow mergers and acquisitions, expansions, investment in R&D are some of the few most adopted strategies by these players in expanding their business. Some of the leading players in the market are Merck & Co., Inc., Elanco, American Regent, Inc., Boehringer Ingelheim Mexico., and Alltech Inc. In February 2019, Merck Animal Health has expanded the capacity of its facility in Millsboro, Delaware.
North America Feed Antibiotics Market Leaders
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Merck & Co., Inc.
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Elanco
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American Regent, Inc.
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Boehringer Ingelheim Mexico.
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Alltech Inc.
*Disclaimer: Major Players sorted in no particular order
North America Feed Antibiotics Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market definition
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1.2 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 Porter's Five Force Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Threat of New Entrants
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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 Ruminants
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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 United States
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5.3.2 Mexico
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5.3.3 Canada
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5.3.4 Rest of North America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Competitor Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Cargill Incorporated
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6.3.2 BASF SE
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6.3.3 Elanco
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6.3.4 Zeotis
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6.3.5 Merck & Co., Inc.
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6.3.6 American Regent, Inc.
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6.3.7 Boehringer Ingelheim Mexico.
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6.3.8 Alltech Inc.
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6.3.9 Zomedica Pharmaceuticals Corp.
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6.3.10 LG Life Sciences Limited
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
North America Feed Antibiotics Industry Segmentation
Antibiotics in livestock are used to treat and prevent disease in the livestock. Despite the increasing concern regarding the antimicrobial resistance in humans due to the use of antibiotics in livestock, meat consumption is increasing every year. This increases the demand for meat rising the production with an increase in the treatment of livestock with antibiotics.
| Type | |
| Tetracyclines | |
| Penicillins | |
| Sulfonamides | |
| Macrolides | |
| Aminoglycosides | |
| Cephalosporins | |
| Others |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Others |
| Geography | |
| United States | |
| Mexico | |
| Canada | |
| Rest of North America |
North America Feed Antibiotics Market Research FAQs
What is the current North America Feed Antibiotics Market size?
The North America Feed Antibiotics Market is projected to register a CAGR of 2.9% during the forecast period (2024-2029)
Who are the key players in North America Feed Antibiotics Market?
Merck & Co., Inc. , Elanco, American Regent, Inc., Boehringer Ingelheim Mexico. and Alltech Inc. are the major companies operating in the North America Feed Antibiotics Market.
What years does this North America Feed Antibiotics Market cover?
The report covers the North America Feed Antibiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Feed Antibiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Feed Antibiotics Industry Report
Statistics for the 2024 North America Feed Antibiotics market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. North America 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.
