Global Tiamulin Market Size is Expected to Reach $885 Million by 2028

Tiamulin is an organic compound with the molecular formula CHNO₄S and a molecular weight of 493.742. It appears as a white or almost white crystalline powder. It is produced by fermentation of the higher fungal basidiomycete Pleurotus nautilus to obtain truncated pleurotin, which is then chemically synthesized to obtain hydrogenated fumarate. Therefore, Tiamulin is a diterpenoid antibiotic specifically designed for livestock and poultry.
Overview of Market Development and Analysis of Segmented Markets
Tiamulin is an important veterinary antibiotic that has been widely used in the field of poultry medicine due to its unique efficacy in combating specific bacterial infections. With the rapid development of global animal husbandry, the demand for Tiamulin as a veterinary drug is constantly increasing. According to our research data, the global market size of Tiamulin in 2023 was $656 million, among which the sub-market size of Taimiaocin with a content specification of ≥ 98% was $600 million, with a market share of 91.49%.
From the perspective of downstream applications, Tiamulin is mainly used for the prevention and treatment of chronic respiratory diseases in chickens, porcine mycoplasma pneumonia (asthma), actinomycete pleuropneumonia, and treponema dysentery. In addition, low-dose Tiamulin can promote growth and improve feed utilization efficiency. Global Tiamulin Market Size Forecast and Market Segment Analysis  
Source: www.globalmarketmonitor.com
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global market for Tiamulin is moderate. The data shows that in 2023, the total Tiamulin output value of the top three companies was $303 million, with a total share of 46.23%. The top three companies were Elanco, Ningxia Tairui, and Jiangsu SEL Biochem. In 2023, these three companies accounted for 20.01%, 14.56%, and 11.66% of the global market output of Tiamulin, respectively.

Taimiaocin Output Value and Share of Main Companies in 2023

Companies

Output Value (Million USD)

Share

Elanco

131

20.01%

Ningxia Tairui

96

14.56%

Jiangsu SEL Biochem

76

11.66%

Top3

303

46.23%

Source: www.globalmarketmonitor.com

Market Outlook Analysis

From the perspective of market prospects, the development potential of Tiamulin is still significant. In the future, with the continuous deepening of drug research and development, Tiamulin still has great development potential in the field of drug research and development, and the market will further expand. It is expected that the global market size of Tiamulin will increase to $885 million by 2028.

For more industry information, please refer to our latest released "2023 Global Tiamulin Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

Beyond Consulting, Future is Feasible

We provide more professional and intelligent market reports to complement your business decisions.