Global Animal Antibiotics and Antimicrobials Market 2020 Indepth Study Including COVID 19 Update with of Top Key Players Profile of industry
Global Animal Antibiotics and Antimicrobials Market
Data Bridge Market Research has recently added a concise research on the Global Animal Antibiotics and Antimicrobials Market to depict valuable insights related to significant market trends driving the industry. Global Animal Antibiotics and Antimicrobials Market report gives most appropriate and specific information to the decision makers in the industry which saves their time and result in excellent output. Market analysis and market segmentation has been conducted in terms of markets, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. This market information of Global Animal Antibiotics and Antimicrobials Market report not only aids businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully.
Global Animal Antibiotics and Antimicrobials Market accounted to USD 4.01 billion in 2018 to an estimated value of USD 5.7 billion by 2026 growing at a CAGR of 4.5% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2019, the base year of calculation is 2016 and the forecast period is 2019 to 2026.
Global Animal Antibiotics and Antimicrobials Market By Product Type (Tetracycline, Penicillin, Sulfonamide, Macrolide, Cephalosporin, Fluoroquinolone, Aminoglycosides, Lincosamides), Mode of Delivery (Premixes, Oral Powder, Injection), Animal (Food-producing & Companion), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends & Forecast to 2026
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Key Market Competitors: Global Animal Antibiotics and Antimicrobials Market
Some of the major players operating in global animal antibiotics and antimicrobials market are Zoetis, Boehringer Ingelheim International GmbH, Merck & Co., Inc., Ceva, Eli Lilly and Company, Bayer AG, Dechra Pharmaceuticals PLC, Virbac, Vetoquinol S.A, Boehringer Ingelheim GmbH, Sanofi , Bioniche Animal Health, Elanco, Fort Dodge Animal Health and among others
Report Definition:
Animal antibiotics and antimicrobials can be used in those animals which contribute to the emergence of antimicrobial resistance in bacteria that may be transferred to humans, there for it reduces the effectiveness of antimicrobial drugs for treating human disease.
Competitive Analysis: Global Animal Antibiotics and Antimicrobials Market
Global animal antibiotics and antimicrobials market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of animal antibiotics and antimicrobials market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Report Drivers and Restraints:
Rising demand for animal-derived food products
Growing demand for pet insurance and rising animal health expenditure
Increasing incidences of zoonotic diseases
Lack of innovative of new antibiotic
Growing imperviousness to antimicrobials and anti-microbials
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Key Developments in the Market:
In June 2018, Zoetis caring for animals in the age of antibiotic resistance, to overcome various challenges company initiates at the R&D, regulatory, manufacturing and commercial fronts to tackle the challenges of antibiotic resistance and still ensure the care and welfare of sick animals. Due to large product portfolio including medicines, vaccines, diagnostics and genetic solutions, Zoetis is well positioned to support animals from disease detection to prevention and treatment.
In March 2019, Novozymes and Boehringer Ingelheim announced Strategic Collaboration in Probiotics for Poultry Hatcheries to develop and commercialize probiotics for global poultry production. Probiotics are naturally occurring, live microbes that can improve the gut flora of poultry and other animals. The collaboration will help probiotics and helping poultry producers deliver greater quantities of safe, affordable protein.
Market Drivers
Rising demand for animal-derived food products
Growing demand for pet insurance and rising animal health expenditure
Increasing incidences of zoonotic diseases
Market Restraints
Lack of innovative of new antibiotic
Growing imperviousness to antimicrobials and anti-microbial
Reasons to Purchase this Report
Current and future of global animal antibiotics and antimicrobials market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Report Segmentation:
By product type:
Tetracycline
Penicillin
Sulfonamide
Macrolide
Cephalosporin
Fluoroquinolone
On the basis of Mode of Delivery:
Premixes
Oral Powder
Injection segments
By Animal Type:
Food-Producing Animals
Companion
Food-producing animals segment is further segmented into:
Cattle
Pigs
Poultry
Sheep
Goats
Other Food-Producing Animals
Companion segment in further segmented into:
Dogs
Cats
Horses
Other Companion Animals
On the basis of geography:
North America
South America
Europe
Asia-Pacific
Middle East & Africa
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