Quadintel published a recovery-based report for Global “Animal Antibiotics and Antimicrobials Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Global Animal Antibiotics and Antimicrobials Market is valued approximately at USD 4.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.6% over the forecast period 2020-2027.
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Animal Antibiotics and Antimicrobials are the products which prevent animals from infections like skin infections, pneumonia and other body problems by killing bacteria or by inhibiting the bacterial growth, so that animals immune system can become strong enough to fight the bacteria. Growing livestock population, initiatives concerning animal welfare and health, rise in demand of dairy products, rising demand for animal protein products, high consumption of animal-derived food products is anticipated to influence the growth of animal antibiotics and antimicrobials market positively. According to the Guardian and Bureau of Investigative Journalism, owing to the growth of animal antibiotics and antimicrobial market, the number of industrial-sized pig and poultry units that was 1669 in 2017 in UK has reached to 1786 in 2020 due to rise of 7%. According to Statista, volume of global dairy market is projected to grow to 234 metric tons by 2021 from 225 metric tons in 2019.However, regulations imposed by agencies such as Food and Drugs Administration on excessive usage of animal antibiotic and antimicrobial products impedes the growth of the market over the forecast period of 2020-2027. Also, boom in demand of animal protein and rise in animal companion ownership is likely to increase the market growth during the forecast period.
The regional analysis of global Animal Antibiotics and Antimicrobials Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing urbanization, increasing demand for animal related products and high disposable income. Whereas, Asia-Pacific, Middle East and Africa is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising demand for dairy products, and rising expenditure on animal health would create lucrative growth prospects for the Animal Antibiotics and Antimicrobials Market across Asia-Pacific region.
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Major market player included in this report are:
Boehringer Ingelheim
Zoetis Inc
Elanco Animal Health
Merck & Co. Inc.
Phibro Animal Health
Virbac
Vetoquinol SA
HIPRA
Ceva Sant Animale
Dechra Pharmaceuticals Plc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type of Product:
Tetracyclines
Penicillin,
Sulfonamides
Macrolides
Aminoglycosides
Lincosamides
Fluoroquinolones
Cephalosporins
Other Antimicrobials and Antibiotics
By Mode of Delivery:
Premixes,
Oral Powder
Oral Solution
Injection
Others
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By Animal Type:
Food-Producing Animals
Companion Animals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each types and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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