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Animal Antimicrobials and Antibiotics Market Segmentation And Future Analysis By Key Players Merck And Co., Inc., Zoetis, Inc., Bayer AG, Virbac, Eli Lilly Company, Boehringer Ingelheim GmbH, Vetoquinol S.A.

11-15-2018 03:40 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Pharmaceutical Industry

Animal Antimicrobials and Antibiotics

Animal Antimicrobials and Antibiotics

Antibiotics are used for a variety of purposes in the husbandry of livestock, including therapeutic (treatment when ill), curing a batch of animals when a minimum of one among the group is diagnosed ill (metaphylaxis, it is similar to the method bacterial meningitis is managed in children), and prophylaxis or preventative treatment against a number of diseases. The employment of sub-therapeutic doses in water and/or animal feed to develop feed efficiency and encourage growth was eliminated altogether effective January 1, 2017, as per the new FDA Veterinary Feed Directive.

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The rising demand for livestock products, owing to increasing population of livestock throughout the world is likely to boost growth of the animal antimicrobials and antibiotics market. Moreover, the rising incidence of diseases in livestock is likely to aid in the expansion of this market. However, the use of in-feed enzymes and stringent regulations are limiting the growth of this market. Another factor boosting the overall growth of the market is the growing demand for animal proteins and the increasing trend of pet ownership. The growing incidences of animal disease epidemics, rising population of livestock and favorable economic conditions of emerging economies including China, Brazil, and India, are encouraging the growth of this market.

On the other hand, some factors including the augmented administration of in-feed enzymes, firm regulatory policies in the field and increased use of substitute medicines including prebiotics are likely to restrain the growth of the overall animal antimicrobials and antibiotics market during the forecast period.
High growth of livestock and increased consumption of milk and other food products will drive the overall animal antimicrobials and antibiotics market

Animal antimicrobials and antibiotics market Taxonomy

On the basis of type of product,

Penicillin
Tetracycline
Sulfonamides
Quinolones
Macrolides
Cephalosporin
Amingoglycoside
Others

The key market players operating in the global animal antimicrobials and antibiotics market are:
Merck & Co., Inc., Zoetis, Inc., Bayer AG, Virbac, Eli Lilly Company, Boehringer Ingelheim GmbH, Vetoquinol S.A., Ceva Sante Animale, Dechra Pharmaceuticals PLC and Sanofi.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

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