According to FutureWise analysis the market for Animal Antibiotics and Antimicrobials in 2023 is US$ 4.9 billion, and is expected to reach US$ 6.87 billion by 2031 at a CAGR of 4.30%.
Animal antibiotics are specialized medications used to treat bacterial infections in animals. They are similar to antibiotics used in humans but are specifically formulated and approved for use in veterinary medicine. They may function by eliminating the bacteria (bactericidal) or inhibiting their growth and reproduction of bacteria (bacteriostatic), allowing the animal's immune system to fight a bacterial infection more effectively. In either case, the bottom line is that an antibiotic treatment suppresses the growth of a bacterial infection so the host (i.e., the animal) can eliminate it. The animal can then heal and return to health. These medications can be administered to various types of animals, including livestock (such as cows, pigs, and chickens), pets (such as dogs and cats), and even exotic animals.
The consistent usage of antibiotics (e.g., prescribed for therapy, misused, or overused) creates a selective pressure on pathogenic bacteria but also on commensal bacteria (e.g., gut or skin microbiota) that can determine the prevalence of antibiotic-resistant bacteria (ARBs) and the spread of resistant bacteria or genes. Plasmids, bacteriophages, or integrative mobile genetic elements facilitate horizontal gene transfer; thus, it is essential to reduce and limit the use of antibiotics by following the "principles of responsible and prudent use" to preserve their effectiveness.
FutureWise Market Research has published a report that provides an insightful analysis Animal Antibiotics and Antimicrobials Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, Animal Antibiotics and Antimicrobials Market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.