Europe Feed Antibiotics Market Size

Statistics for the 2023 & 2024 Europe Feed Antibiotics market size, created by Mordor Intelligence™ Industry Reports. Europe Feed Antibiotics size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Feed Antibiotics Industry

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Europe feed Antibiotics Market Growth
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 2.80 %

Major Players

Europe feed Antibiotics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Feed Antibiotics Market Analysis

The Europe Feed Antibiotics market is projected to register a CAGR of 2.8% during the forecast period(2020-2025). The increase in consumer awareness and acceptance, regarding the convenience of meat products has created the demand for quality feed and in turn, drives the market. The growing trend of commercial production of livestock will lead to the higher use of compound feed which will in turn drive the market for antibiotics. The government's ban on indiscriminate use of antibiotics might hinder the use of antibiotics in the animal feed. However, the conscious inclusion of antibiotics on a medication prescribed by the veterinarian will impact the market positively. Alltech. Inc., Borregaard AS, Boehringer Ingelheim Denmark A / S, and Elanco are some of the leading players in the studied market accounting for the majority of the market share.

Europe Feed Antibiotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)