Animal Antibiotics and Antimicrobials Market Scenario
Rise in the incidence of zoonotic diseases, technological advancements and rising investments from private players are some of the major factors propelling the Animal Antibiotics and Antimicrobials market globally. Furthermore, growing demand for pet insurance and growing animal health expenditure is also one of the factor propelling the growth of Animal Antibiotics and Antimicrobials market. However, restricted number of new antibiotics is one of the major factor expected to hamper the global growth of the market.
Animal Antibiotics and Antimicrobials Market Segmentation
The Animal Antibiotics and Antimicrobials market is segmented by Product, Mode Of Delivery, Type Of Animal and geography. The products studied in the Animal Antibiotics and Antimicrobials market are Aminoglycosides, Cephalosporins, Fluoroquinolones, Lincosamides, Macrolides, Penicillins, Sulfonamides, Tetracyclines and Other Antimicrobials And Antibiotics. Furthermore, the Mode Of Delivery comprises of Injections, Oral Powders, Oral Solutions, Premixes and Other Modes Of Delivery. Likewise, various type of animal are Food-Producing Animals (Cattlem, Pigs, Poultry, Sheep And Goats and Other Food-Producing Animals) and Companion Animals (Dogs, Cats, Horses and Other Companion Animals). Based on Geography, the Animal Antibiotics and Antimicrobials Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Animal Antibiotics and Antimicrobials Market by Geography
Based on geography, the Animal Antibiotics and Antimicrobials market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the North America is anticipated to hold the major share of the global Animal Antibiotics and Antimicrobials market. Major drivers include rising pet expenditure, increasing meat consumption and growing pet adoption rate in the country. Moreover, large volume of sales of important antibiotics in this region is also expected to support the growth of the market.
Animal Antibiotics and Antimicrobials Market Key Players
Some of the major players operating in the global Animal Antibiotics and Antimicrobials market includes Boehringer Ingelheim, American Reagent Inc., Ayurvet, Ceva Santé Animale, China Animal Husbandry, Dechra Pharmaceuticals Plc, ECO Animal Health (US), Elanco Animal Health, Endovac Animal Health, HIPRA, Huvepharma Inc., Indian Immunologicals Pvt. Ltd., Merck & Co. Inc., Neogen Corporation, Phibro Animal Health, UCBVET, Vetoquinol SA, Virbac, Zoetis Inc. and Zydus. Many companies in this market implement initiatives such as mergers and acquisitions, product developments, and geographic penetration to compete in the market.
Animal Antibiotics and Antimicrobials Market Report Key Benefits
Research Objectives of Animal Antibiotics and Antimicrobials Market Report:
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