Global Veterinary Anti-Infectives Market Size, Share, Growth Report 2030

Market Overview

The global veterinary anti-infectives Market accounted for USD 5,626.1 Million in 2020 and is expected to reach USD 9,259.3 Million by 2028, growing at a CAGR of 6.8% from 2021 to 2028.

Anti-Infectives are products which help in preventing spread or transmission of diseases. And veterinary anti-infectives are products which prevent or cures spreading of animal infectious diseases to humans. The increase in demand for animal products such as meat, milk, etc. consumption and the diseases related to these animals have promoted the use of anti infectives.

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The increases in foodborne diseases are one of the key market drivers for anti-infectives. 75 percent of all infectious diseases are infact animal borne and spread to humans from them. These diseases are health hazards to humans and are prime concerns of public health department to control them. The adoption culture is increasing over the globe especially dogs and cats and the issues related to their health and hygiene is also one of the factors promoting anti-infectives market.

Growth Factors

The growing demand for pet animals and their health care is one major part of global veterinary anti-infectives. Pets like dogs and cats are very susceptible to bacterial diseases, such as plague etc. Studies have shown us that they can pass on these to humans, which is why there is increase in number of vaccinations for pets, control and cure of acquired diseases by them. There are researches going on to develop new and more effective drugs. Clinical trials are being conducted to test the efficiency of these new drugs.

The Livestock and cattle market which is largest single consumer of anti-infectives. The eating habits of people are such that they will consume meat in any from and there are various diseases that can be transmitted to us from these products. Rural people are getting more and more aware of anti-infectives which are benefiting them and the manufactures. Rural people hold cattle’s in huge numbers for their consumptions are mostly unaware of the infectious disease these cattle’s carry on them.

Animal Type Segment Analysis Preview

Livestock segment held a share of around 65.41% in 2020. Livestock can further be sub segmented into poultry, pork, beef, fish, seafood, etc. This segments growth is attributable to the significant increase in meat and non-vegetarian items consumption. This segment is going to see largest increase because of above factor.

Drug Segment Analysis Preview

Antibacterials in drug will grow at a CAGR of over 5.5% from 2021 to 2028. This is attributable to the number of bacterial infections in livestock and pet segment. There are new developments in the drug segment. Researches are being conducted to test their potency or effectiveness.

Antiviral is also set to see demand in the market as pets are very prawn to viral infections such as rabies, yellow fever and pappataci fever, etc. if not treated on time it can pass on to humans easily. Dogs are the prime example as they account for 90plus percent of rabies transmitted to humans.

Oral mode of administration is the largest segment in mode of administration. This is mainly due to convince, its hassle free and less messy than mode of administration.

Regional Analysis Preview

The North American region held a share of 1,741.8% in 2020. This is attributable to the presence of top companies such as Pfizer Inc, Brystol Myers Squibb Company, Johnson and Johnson Services Inc among others. This is associated to the advanced technological progress this region has made over the course of time. North America is home to world’s largest exotic pets market. Moreover, the increasing usage of veterinary anti-infectivesexpected to generate huge demand for the market in this region.

The Asia Pacific region is projected to grow at a CAGR of 7.7% over the forecast period. This surge is due to the increasing awareness among common people regarding the benefits of using veterinary anti-infectivesto their benefit. APAC region is also one of the major exporters of livestock, for which they have to keep a check that they are not infected to any unwanted things. APAC region is also seeing an increase in number of pets which will be a major reason for market growth in this region.

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Key Market Players & Competitive Landscape.

Some of key players in global veterinary anti-infectivesmarket are Pfizer Inc, Merck and Co., Ltd, Brystol Myers Squibb Company, Abbott, Novartis AG, Johnson and Johnson Services Inc, Gilead Sciences, Inc, Astellas Pharma Inc, GlaxoSmithKline plc, Gilead Sciences, AbbVie, Bayer AG, Boehringer Ingelheim GmbH, Ceva Santé Animale, Elanco and among others.

Zoetis Inc. and Regeneron Pharmaceuticals, Inc have signed a pact around mid-2018, they are going to collaborate for antibody technology for next five years

The global veterinary anti-infectivesis segmented as follows:

By Animal Type

Livestock
Pet or Companion

By Drug Class

Antibacterial
Antimicrobial
Antiviral
Antifungal
Antiparasitic

By Mode of Administration

Oral
Parenteral
Topical

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa