Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 4.70 Billion |
| USD 8.08 Billion | |
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Global Ruminant Feed Antibiotics Market, By End-User (Dairy Farm, Veterinary Hospitals, Others), Animal Type (Dairy Cattle, Beef Cattle, and Other Animal Types), Type (Tetracycline, Penicillin, Sulphonamides, Macrolides, Aminoglycosides, Cephalosporin, and Others) – Industry Trends and Forecast to 2029.
The use of animal antibiotics has emerged as a critical component of the animal welfare program, which is increasing the adoption rate of animal antibiotics. The widespread adoption of the adage "prevention is better than cure" in the field of animal welfare is increasing the vigour of animal antibiotics.
Data Bridge Market Research analyses that ruminant feed antibiotics market was valued at USD 4.7 billion in 2021 and is expected to reach the value of USD 8.08 billion by 2029, at a CAGR of 7.00% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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End-User (Dairy Farm, Veterinary Hospitals, Others), Animal Type (Dairy Cattle, Beef Cattle, and Other Animal Types), Type (Tetracycline, Penicillin, Sulphonamides, Macrolides, Aminoglycosides, Cephalosporin, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Dow (U.S.), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (USA), Alltech (U.S.), Associated British Foods plc (U.K.), Charoen Pokphand Foods PCL (Thailand), Cargill, Incorporated (U.S.), Nutreco (Netherlands), ForFarmers. (Netherlands), De Heus Animal Nutrition (Netherlands), Land O'Lakes (U.S.), Kent Nutrition Group (U.S.), J. D. HEISKELL & CO. (U.S.), Perdue Farms (U.S.), SunOpta (Canada), Scratch and Peck Feeds (U.S.), De Heus Animal Nutrition (Netherlands), MEGAMIX (Russia), Agrofeed (Hungary)
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Opportunities
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Market Definition
Ruminant feed is a type of fodder that is made up of various raw materials and additives. Feed compounders produce them as meal, pellets, or crumbles and formulate them to meet the specific needs of the target animal.
Drivers
Animal antibiotics are driving the market due to the growing need to improve animal efficiency, growth rate, and reproducibility in order to meet the ever-increasing human population's needs. Furthermore, rising demand for dairy and meat is driving up the use of animal antibiotics.
The organic feed industry is rapidly expanding as milk producers begin replacing traditional ruminant feed with more nutritionally balanced organic feed, realising the tangible benefits of nutritional feed in yield improvement. Furthermore, with population growth and rising living standards, the livestock industry has been forced to adapt and expand to meet society's expectations by providing nutritious animal feed to livestock animals. As a result, this factor benefits the growth of the Ruminant Feed Antibiotics market.
Opportunity
The increased emphasis on precision nutrition may provide an opportunity to accelerate market growth. Ruminant Feed Antibiotics market growth may be boosted by investments and funds made by government authorities and organisations in the agriculture sector.
Restraints
Veterinarians and farmers are collaborating to develop health management programmes to raise awareness about disease prevention before it develops and spreads. Furthermore, the conversion of non-vegetarians to vegetarians impacts the growth of the animal antibiotics market.
This ruminant feed antibiotics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ruminant feed antibiotics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aside from their antimicrobial properties, antibiotics in feed are used as a growth promoter and performance enhancer. As a result of COVID-19, global consumption of meat and other animal products is on the decline, while consumer preference for plant-based foods is rapidly increasing. Furthermore, animal products free of synthetic compounds are expected to grow during the forecast period. As a result, the preference for animal feed containing chemical ingredients such as antibiotics is expected to decline during the forecast period.
Ruminant feed antibiotics market is segmented on the basis of end user, animal type and type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Animal type
End user
Ruminant feed antibiotics market is analysed and market size insights and trends are provided by country, end user, animal type and type as referenced above.
The countries covered in the ruminant feed antibiotics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is widely recognized as the dominant region in terms of ruminant feed antibiotics market share. Dairy products have gained traction in Asian countries as a result of increased demand from vegan consumers. Some key macroeconomic factors, such as an increase in social media usage and an increase in per-capita income, also contribute significantly to the overall growth of the ruminant feed antibiotics market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Ruminant feed antibiotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ruminant feed antibiotics market.
Some of the major players operating in ruminant feed antibiotics market are:
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.