Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer Animal Health, Elanco Animal Heath, Zoetis (Pfizer Animal Health) and Vibrac
The major players in this market include Merck Animal Health, Bayer Animal Health, Elanco Animal Heath, Zoetis (Pfizer Animal Health) and Vibrac animal Health. These companies are focusing on receiving approval as this market faces stringent regulations for the products.
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The increasing demand for livestock products due to rising livestock population throughout the globe is driving the growth in this market. Also, the growing incidences of diseases in animals is aiding in the growth of this market. However, the use of in-feed enzymes and stringent regulations are limiting the growth of this market. The increasing demand for pets and their health insurance would provide growth opportunities in this market.
Animal Antimicrobials and Antibiotics Market Analysis by Product
On the basis of products, this market can be classified into tetracyclins, penicilins, sulfonamides, macrolides, quinolones, amingoglycosides and cephalosporins. Presently, tetracycline is dominating the market due to its higher efficiency; however, penicilins are also used.
Animal Antimicrobials and Antibiotics Market Analysis by Animals
On the basis of animals, this market can be classified into companion animals and food-producing animals. The companion animals include cats, horses and dogs; while food-producing animals include poultry, pigs, cattle, sheep and goats. Among food producing animals, pigs contribute the most to this market.
Animal Antimicrobials and Antibiotics Market Analysis by Mode Of Delivery
On the basis of mode of delivery, this market can be classified into oral powder or solutions, injections, premix and intramammary preparations. Premix is the major contributor to the revenue of this market due to the ease with which it can be given to the animals.
Animal Antimicrobials and Antibiotics Market Analysis by Geography
Based on geography, this market can be classified into North America, Europe, Asia-Pacific and LAMEA. Currently, North America is the largest market followed by Europe. However, the growing population of cattle in countries such as India would help this market to flourish in developing countries.
High Level Analysis
The report analyses the industrial scenario using Porter’s five forces model. This model provides an insight about the components of industry such as bargaining power of buyers and suppliers, threat of substitutes and industrial rivalry. The bargaining power of buyers is high due to the presence of numerous suppliers in the market. The development of vaccines for preventing diseases in animals would act as substitutes for these products. The growing number of players in this market is increasing the competition in this industry. The market dynamics show that the impact of drivers is more in the market compared to the restraints.
• Estimations are made by considering current market scenario and future potential for the period of 2013-2020
• Intelligence from key market segments through top investment pockets would help in providing strategic assistance to decision makers
• The growth drivers and restraints are described to know the factors, which would affect the growth of this market
• The report deals with the opportunities, which would fuel the growth of this market
• The key market players and strategies adopted by them are dealt to give an insight on top contenders in the market
• Porter’s five forces and SWOT analysis discussed would help in making strategic decisions
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