Animal Feed Antibiotics Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Tetracycline, Penicillin, Macrolides, Aminoglycosides, Cephalosporins, Others), By Livestock (Poultry, Swine, Ruminants, Aquatic, Others), And By Geography - Forecasts From 2023 To 2028

The term "antibiotics" describes a class of chemicals used to treat bacterial illnesses. Animal feed is supplemented with a minimal amount of antibiotics to support animal growth in order to boost milk or meat production in a shorter amount of time. Among the antibiotics used in livestock and poultry feed are oxytetracycline, bacitracin, procaine penicillin, and neomycin sulphate. One of the key factors propelling the growth of the feed antibiotics market is the rise in animal healthcare expenditures across the globe. The livestock sector uses feed antibiotics to increase zoonotic disease incidence, achieve a high feed efficiency rate, prevent and treat disease in herds of animals or in a single animal, and prevent and treat disease in humans. The market is also influenced by growing worries about farm animals like ruminants, swine, and poultry as well as the consumption of meat and other animal products. Additionally, the market for feed antibiotics derives growth from the increase in global population, rise in disposable income, rise in awareness, and increased demand for high-quality meat products. The use of antibiotics in livestock has been outlawed in many areas, which has hampered the market's expansion.

Rising Demand for Animal Derived Food Products to drive the market

Despite growing global concern over human antimicrobial resistance brought on by the use of antibiotics in livestock, demand for animal-derived food products such as beef, lamb, milk and dairy products, poultry meat, and eggs has increased. According to FAO, population growth and rising incomes are expected to drive a 14% increase in meat protein consumption worldwide by 2030 compared to 2018–2020. Furthermore, it is anticipated that by 2030, the protein available from meat from sheep, beef, pork, and poultry will increase by 17.8%, 5.9%, 13.1%, and 15.7%, respectively. In addition, India has a sizable market base for dairy goods when it comes to derivative products. The National Dairy Development Board predicts that by 2030, India's demand for dairy products will amount to 266.5 million metric tonnes. Additionally, the FAO reported that India consumed more than 3.9 million tonnes of meat in 2020, and that number is expected to rise to 145.7 million tonnes by 2030. As a result, the market for feed antibiotics is also anticipated to see increased demand due to the growth in demand for food products generated from animals.

Geographical Insights

Over the course of the projected period, the Asia-Pacific region is anticipated to increase at a comparably significant rate. According to the Food and Agricultural Materials Inspection Center, Japan reported that in 2020, polyether antibiotics made up 87.6% of the total, up from 81.2% the year before; orthosomycin antibiotics made up 7% of the total, up from 14.2% the year before; phosphoglycolipid antibiotics made up 5% of the total, up from 4.7% the year before; and polypeptide antibiotics made up 0.4% of the total but had no applications in the year before for the designated feed additive However, the nation's production of antibiotics used in animal feed has been steadily falling. The demand for alternative feed additives and other items is rising as people become more aware of the harmful consequences of antibiotics. Antimicrobial Stewardship Guidelines were established in 2018 by the Australian Lot Feeders' Association to encourage the prudent use of antibiotics. By 2020, 62% of the sector's enterprises had voluntarily established antibiotic stewardship strategies. The sector continued to work toward making these regulations obligatory by 2022.

Restraints

The market's expansion has been impacted due to the widespread restriction on antibiotics. In China, for example, a trial effort to end the use of antibiotics in animal feed by 2020 was successfully begun in 2018. Additionally, in January 2022, the European Union implemented new legislation that forbids routine antibiotic feeding of farm animals, which World Animal Protection believes to be the most advanced action ever.

Key developments

• In July 2022, Virbac introduced TENOTRYL (enrofloxacin) injectable solution in the USA and broadened its product portfolio to offer veterinarians and their clients, cattle and swine producers, a robust line of substitutes to enhance the health of livestock and, ultimately, their profitability.
• In November 2021, Kemin Industries introduced a revolutionary product in Europe called TOXFIN CARE, which aimed to prevent productivity and performance declines by protecting animal organs and tissue from potential mycotoxin damage.
• In February 2020, Elanco Animal Health and Merck Animal Health announced a deal to sell the worldwide rights to Vecoxanfor, which is used to treat and prevent coccidiosis in animals such as calves and lambs, for USD 55 million in an all-cash deal.

COVID-19 Impact on the Animal Feed Antibiotics Market

The market for feed antibiotics was significantly affected by the COVID-19 outbreak. The meat sector suffered during that time as a result of restaurant closures during the lockdown and a change in consumer consumption habits. Less feed was produced as a result of this adverse effect, which also decreased the need for certain feed additives. The pandemic also had an impact on the supply chain and the production process, which caused significant losses for businesses. It had a significant effect on the feed business because the lockout caused many feed companies to close. The demand for these additives decreased as a result of the closure of feed factories. However, the industry is anticipated to expand steadily with bettering of the overall situation and the resumption of these services.

Animal Feed Antibiotics Market Scope:

Market Segmentation:

• By Type
  • Tetracycline
  • Penicillin
  • Macrolides
  • Aminoglycosides
  • Cephalosporins
  • Others
• By Livestock
  • Poultry
  • Swine
  • Ruminants
  • Aquatic
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • Thailand
    • Australia
    • Others