The global feed antibiotics market is expected to register a CAGR of 2.74% and projected to reach USD 3.84 billion by 2022. Antibiotics are an essential part of the animal feed, as they act as growth promoters and fight diseases. Some of the commonly used antibiotics include tetracycline, penicillin, sulfonamide, macrolides, aminoglycosides, and cephalosporin. Tetracycline and penicillin are among the essential antibiotics that are included in the animal feed to guarantee better health. An appropriate and balanced intake of feed antibiotics decreases the chance of developing bacteria resistant to antibiotics.
Antibiotic growth promoters (AGPs) improve the feed efficiency, growth rate, egg production, and other economic benefits. Moreover, they reduce the feed usage per production unit. However, there are some rising concerns about the routine use of antibiotics, which include the development of other anti-microbial resistant supplements, and the transference of gene from animal to human microbiota, thus, making these antibodies unsafe to use.
Owing to the industrialization of livestock industry across the globe, the growing demand from Asia-Pacific and South American countries is fueling the market. Moreover, the continuous disease outbreak among animals is also fuelling the application of antibiotics. The global antibiotics market is being affected by the debate about its continued use in animal feeds in many markets. Further, ban of some antibiotics in the North American and European countries is also affecting the market growth in those regions. European countries like Spain and Italy witnessed an increase spike of 20-25% in antibiotic consumption from 2013 to 2014; however, countries like Denmark, the Netherlands, Belgium, the United Kingdom, and France cut their antibiotic consumption in the same year. Many countries have mandated the controlled use of antibiotics in animal feed, which may act as a roadblock to the market growth. However, farmers are not totally open to the idea of using probiotics and prebiotics and replace antibiotics, as antibodies produce faster and better results against diseases as compared to other substitutes.
Global Antibiotics Market Revenue, by Animal Type, 2016 (in USD million)
There are, however, some restrictions involved with the use of antibiotics, the use of natural alternatives is accelerating. Among various alternative probiotics, prebiotics, symbiosis, and enzymes, there are some critical feed additives that have replaced antibiotics as natural growth promoters in the animal diets. As a viable alternative to AGPs, prebiotics and probiotics have less withdrawal time with minimum residual effect. In addition, their use allows productivity increase, reduction of the morbidity and mortality rates in farms to a significant level.
In the developing countries of Asia Pacific, though the increase in real income is driving the demand for animal products, the other low and middle-income countries are also contributing to the global market. To cater to the shift towards intensive farming and stay competitive, producers are relying on antibiotics to improving hygiene and sanitation in large-scale operations. The Asia-Pacific market is expected to witness an average CAGR of 5.3%, during 2017-2022 (the forecast period).
Based on Acid type
Based on Livestock type
Based on Geographical Area
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