Farm Animal Drug Market Key Trends 2017-2025 : Merck Animal Health, Elanco Animal Health, Dechra Pharmaceuticals PLC, and Bayer AG.
Farm animal drugs are veterinary products that are used in the prevention and treatment of a wide range of diseases and disorders in livestock. The usage of these products is essential for their well-being and is a key factor supporting the growth of the livestock industry world over. The wide variety of farm animal drugs comprise anti-infective, parasiticide anti-inflammatory, analgesics, anesthetics, hormones, and antibiotics. The rising number of pet ownership, coupled with a growing population of companion animals, is fostering the demand for food, feed, and pharmaceutical products. Over the years, the rising uptake of farm animal drugs has been driven by their role in reducing the burden of a number of livestock diseases.
Request Sample Copy of the Report @
Global Farm Animal Drug Market: Key Trends
Drugs for farm animals have gained immense significance in meeting the nutritional requirements of livestock across the globe. The rising demand for meat and dairy products in various parts of the world has led farm owners and livestock managers to spend substantial sums in keeping these animals healthy. The extensive demand for these drugs in preventing a variety of infectious diseases among animals is also positively driving the growth of the market. To this end, the market in recent years has witnessed burgeoning production of anti-infective drugs. The emergence of new diseases, notably avian influenza H5N1, has caused considerable concern among industry players and governments alike, favoring the growth of the market.
Global Farm Animal Drug Market: Market Potential
The substantial consumption of meat and dairy products among humans has led to the emergent condition of antimicrobial resistance, have found indiscriminate use of antibiotics among farm animals, confirmed several regulatory agencies in recent years. According to World Health Organization, the overuse of antibiotics in animals in the recent decade has been found to be contributing to the growing drug resistance in humans with serious health repercussions. Antimicrobial resistance is a genuine concern and has recently generated widespread attention in developed countries such as the U.S., Canada, and several European countries. In a bid to curb the routine use of antibiotics to boost the health and prevent diseases, WHO has recently drafted new guidelines for farmers in Europe and harped on more stringent implementation in countries where the overuse is prominent.
Against the backdrop of rising antimicrobial-resistant infections world over, Health Canada has in July 2017 drafted a framework to urge livestock farmers in Canada to prevent the overuse of antibiotics. Starting December 2018, farm owners will be required to get prescription from veterinarians to buy scores of common veterinary antibiotics. Such stringent regulations are likely to have wide impact on the market potential over the forecast period of 2017–2025.
Request TOC of the Report @
Global Farm Animal Drug Market: Regional Outlook
The study offers critical insights into the outlook of various regional markets and highlights promising avenues and key investment trends in these regions. Developed and developing regions are expected to be potentially prominent regional markets for farm animal drugs. Europe will contribute attractive revenues to the global markets, driven by the burgeoning demand for meat. Asia Pacific is anticipated to emerge as a vastly lucrative market, with the burgeoning demand for farm animal drugs being attributed to the rapidly rising livestock industry in its key economies.
Global Farm Animal Drug Market: Competitive Outlook
The report takes a detailed look at the prevailing competitive dynamics in various parts of the globe. It analyzes the regulatory framework likely to shape that dynamics in the coming years. Several players are focusing on new product launches and spending copious funds on research and development activities and clinical trials pertaining to the efficacy of veterinary drugs and medicines. Some of the players holding prominent positions in the farm animal drugs market include Zydus Animal Health Ltd., Zoetis, Inc., Virbac SA, Alembic Animal Health, Intas Pharmaceutical Ltd., Boehringer Ingelheim GmbH, Merck Animal Health, Elanco Animal Health, Dechra Pharmaceuticals PLC, and Bayer AG.
Read Comprehensive Overview of Report @
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Farm Animal Drug Market Key Trends 2017-2025 : Merck Animal Health, Elanco Animal Health, Dechra Pharmaceuticals PLC, and Bayer AG. here
News-ID: 1142574 • Views: 133
More Releases from TMR Research
Small Gas Engines Market Higher Growth Rate and Forecast 2017 - 2025
Global Small Gas Engines Market: Overview Small gas engines are vastly used as independent power sources in a wide range of machinery, including concrete mixers, generators, and lawnmowers. Their low-displacement application finds usage in a variety of motor automobiles such as go-karts, all-terrain vehicles (ATVs), scooters, and motorcycles. Small gas engines could have a smaller output apart from their physical dimensions compared to relatively larger automobile engines. Chainsaws, string trimmers,
Pressure Pumping Market In-Depth Analysis and Forecast 2017-2025
Global Pressure Pumping Market: Overview Pressure pumping implies the translation or creation of fractures within rock layers, through the use of specialized fracturing fluids. Cement is then pumped into the well bore, completing the fracturing process. This is one of the key extraction techniques being used in shale gas and tight gas, along with other similar procedures associated with the extraction of resources from reservoirs with lower than average permeability.
Top 10 Power Generation Technologies Market New Era Of Industry and Forecast 201 …
Global Top 10 Power Generation Technologies: Overview Some of the power generation technologies popular in today's market are gas engines, steam turbines, micro turbines, gas turbines, micro CHP, diesel and gas generators, nuclear power reactors, small wind, and concentrating solar power. Steam turbines, for example, generate electricity via thermal energy from fuel to raise steam. The thermal energy of the steam is transformed into kinetic energy in the turbine which
Synchronous Condenser Market Robust pace of Industry during 2017-2025
Global Synchronous Condenser Market: Overview A synchronous condenser, which is also known as synchronous compensator or synchronous capacitor is a device similar to a synchronous motor. It is designed such that its shafts spin freely. Its primary function does not include conversion of electric energy to mechanical energy or vice versa, but to regulate conditions on the electric power transmission grid. The field in synchronous condenser is controlled by a voltage
More Releases for Animal
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market Developing Regions to Overpower Developed Ones With Regard to Demand The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their
Animal Parasiticides Market
Animal Parasiticides Market size is set to reach USD 6.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising incidences of zoonotic diseases coupled with increasing industrial animal farming will serve as high impact rendering factors for the global animal parasiticides market. Favorable government initiatives should elevate the global animal parasiticide market due to the activities concerning animal welfare activities, resulting in substantial demand for
Advanced Animal Ventilator Market
The Global and China Advanced Animal Ventilator Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Advanced Animal Ventilator industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Advanced Animal Ventilator market study provides comprehensive data which
Animal Pharm Antibiotics in Animal Production 2016
ReportsWorldwide has announced the addition of a new report title Animal Pharm Antibiotics in Animal Production 2016 to its growing collection of premium market research reports. The global market size for antibiotics use in animal production is large and consumption is projected to reach 105 596 tonnes by 2030. However, extensive evidence now reveals the contribution that antibiotic use has made to the development of antibiotic resistance and its resultant consequences
Animal Pharm: Generics
ReportsWorldwide has announced the addition of a new report title Animal Pharm: Generics to its growing collection of premium market research reports. In 2015, the global animal health market was worth an estimated $30bn. This new thoroughly revised and updated Animal Pharm Generics report focuses primarily on the European and North American markets that comprise around 67% of the global market for animal health products. Also fully reviewed are the EU
Global Animal Antibiotics Market - Zoetis, Elanco, Merck Animal Health & Merial
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Animal Antibiotics market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in need