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Rising Demand for Dairy Products Drives Growth in Ruminant Feed Antibiotics Market: Strengthening the Growth Trajectory of the Ruminant Feed Antibiotics Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Ruminant Feed Antibiotics Market Through 2025?
In recent times, there has been a robust increase in the size of the ruminant feed antibiotics market. It is projected to expand from $5.49 billion in 2024 to $5.95 billion in 2025 with a compound annual growth rate (CAGR) of 8.4%. Factors such as livestock disease control, enhancement of feed efficiency, growth stimulation, preventive actions in farming, and veterinary prescriptions and methods all contribute to the notable growth during the historical period.
What's the Projected Size of the Global Ruminant Feed Antibiotics Market by 2029?
The market size for ruminant feed antibiotics is predicted to experience significant growth in the upcoming years, elevating to a worth of $8.49 billion by 2029 with a 9.3% compound annual growth rate (CAGR). The surge during the forecast period is linked to regulatory alternations and limitations, the emergence of substitute feed additives, consumer preferences for products devoid of antibiotics, concerns regarding health and welfare, and industry movement towards sustainable farming. Key trends in the forecast period are a movement towards alternatives to antibiotics, precision feeding maneuvers, attention to gut health, regulatory modifications encouraging reduction, and provisions for nutritional support.
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Top Growth Drivers in the Ruminant Feed Antibiotics Industry: What's Accelerating the Market?
The anticipated surge in the consumption of dairy products is projected to drive the expansion of the ruminant feed antibiotics market. Dairy products encompass milk and other food items derived from milk like butter, cheese, ice cream, yogurt, and concentrated and dehydrated milk. Integrating antibiotics in ruminant feed enhances the efficiency of animal production by allowing farmers to generate more milk with fewer feed resources. Ruminant feed antibiotics are primarily employed to stimulate milk production in dairy cows. Certain antibiotics prompt the rumen bacteria colony (found in one of the four stomachs of ruminant cattle) to generate additional compounds essential for cattle growth. For example, as per the Department for Environment, Food, and Rural Affairs, a governmental department based in the UK, the worth of milk and milk products witnessed a 40% rise in 2022, reaching £6.7 billion, mostly owing to higher prices relative to 2021. Consequently, the soaring demand for dairy products is likely to fuel the growth of the ruminant feed antibiotics market.
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What Trends Will Shape the Ruminant Feed Antibiotics Market Through 2029 and Beyond?
Leading firms in the ruminant feed antibiotics market are placing emphasis on the creation of innovative products like intestinal health feed additives as a means to better animal performance and decrease dependence on conventional antibiotics. These additives are specialized supplements added to animal food, especially for farm animals, with the aim to boost a healthy gut microbiome, foster nutrient uptake, and magnify overall digestive efficiency. For example, in August 2022, the US-based Kemin Industries Inc. introduced ENTEROSURE, a product specially designed to boost intestinal health in poultry. This product is composed of a unique combination of three Bacillus strains that work to suppress harmful bacteria, leading to an improvement in gut microbiome equilibrium and overall animal productivity. The main aim of this novel product is to lower the need for antibiotics, while reinforcing resistance to intestinal diseases, which in the end, improves revenue for poultry farmers.
What Are the Main Segments in the Ruminant Feed Antibiotics Market?
The ruminant feed antibiotics market covered in this report is segmented -
1) By Type: Tetracycline, Penicillin, Sulphonamides, Macrolides, Aminoglycosides, Cephalosporin, Other Types
2) By Animal Type: Dairy Cattle, Beef Cattle, Other Animal Types
3) By End-User: Dairy Farm, Veterinary Hospitals, Other End-Users
Subsegments:
1) By Tetracycline: Oxytetracycline, Chlortetracycline, Doxycycline
2) By Penicillin: Benzylpenicillin, Procaine Penicillin
3) By Sulphonamides: Sulfadimidine, Sulfaguanidine, Sulfamethazine
4) By Macrolides: Tylosin, Erythromycin
5) By Aminoglycosides: Gentamicin, Neomycin, Streptomycin
6) By Cephalosporin: Cephalexin, Cefapirin
7) By Other Types: Quinolones, Lincosamides, Nitrofurans
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Which Top Companies are Driving Growth in the Ruminant Feed Antibiotics Market?
Major companies operating in the ruminant feed antibiotics market include Elanco Animal Health Inc., Zoetis Inc., Merck And Co. Inc., Boehringer Ingelheim GmbH, Ceva Sante Animale SA, Bayer AG, Virbac SA, Phibro Animal Health Corp, Vetoquinol S.A., BASF SE, Cargill Incorporated, Koninklijke DSM N.V., Huvepharma Inc., Nutreco N.V., Provimi Holding B.V., Land O'Lakes Inc., Balchem Corporation, Novus International Inc, Biomin Holding GmbH, Kemin Industries Inc, Evonik Industries AG, Archer Daniels Midland Company, Lallemand Inc., Phileo by Lesaffre, Royal Agrifirm Group, Diamond V, Berg + Schmidt India Pvt. Ltd.
Which Regions Will Dominate the Ruminant Feed Antibiotics Market Through 2029?
Asia-Pacific was the largest region in the ruminant feed antibiotics market in 2024. The regions covered in the ruminant feed antibiotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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