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Global Animal Antibiotics Market Forecast Covering Growth Inclinations & Development Strategies until 2028 | Key players are Huvepharma AD, Merck & Co., Ceva Animal Health LLC, Zoetis Inc., Crystal Pharma, Afrivet
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Livestock includes domesticated animals such as cows, sheep, goats and poultry. These animals are used by the human population for various reasons such as meat, wool, milks, eggs, leather and fur. The efficiency of these animals to reproduce is a concern for the producers of livestock as it can significantly affect the economies.
Animal Antibiotics Market: Drivers and Restraints
Animal antibiotics are driving the market due to the growing need to improve the efficiency, growth rate and reproducibility of animals to fulfil the ever-increasing needs of the human population. The cost of maintaining animals is high, hence animal antibiotics are required to prevent diseases in animals. It is important to know whether an animal is suffering from any disease. Furthermore, increased demand for dairy products and meat is driving the usage of animal antibiotics. However, due to changes in lifestyle and habits, there is an increase in the number of lactose-intolerant people. In addition, the conversion of non-vegetarians into vegetarians is affecting the growth of the Animal Antibiotics Market.
Veterinarians and farmers are joining hands and working together to create health management programs to spread awareness about the prevention of diseases before they develop and spread. However, the World Health Organization (WHO) has recommended that food industries and farmers should reduce the routine usage of animal antibiotics to prevent antibiotic resistance in order to aid the healthy growth of animals as well as for the prevention of diseases. The misuse of antibiotics in animals and humans is adding to the risk of antibiotic resistance. Substitutes for antibiotics for the prevention of diseases in animals include better use of vaccination, improving hygiene and changes in husbandry practices & animal housing.
Animal Antibiotics Market: Segmentation
The global animal antibiotics market can be segmented on the basis of product type, end user and geography.
Based on product type, the global animal antibiotics market is segmented as:
Anti- parasitic
Non-steroidal anti-inflammatory drug
Anti-bacterial
Based on end users, the global animal antibiotics market is segmented as:
Poultry Farm
Dairy Farm
Other Livestock Farm
Based on geography, the global animal antibiotics market is segmented as:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa
Animal Antibiotics Market: Regional Outlook
Geographically, the global animal antibiotics market is segmented into North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). North America is expected to dominate the global animal antibiotics market owing to the widespread availability of technological advancements and medical care. The animal antibiotics market in Asia Pacific excluding Japan is expected to grow at a significant CAGR due to the expansion of product offerings by key players. Europe is expected to have the second-largest share in the global animal antibiotics market throughout the forecast period.
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Animal Antibiotics Market: Key Players
The global market for animal antibiotics market is highly fragmented. Some of the key players operating in the global animal antibiotics market are Huvepharma AD; Merck & Co., Inc.; Ceva Animal Health LLC; Zoetis, Inc.; Crystal Pharma and Afrivet.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America
Latin America
Western Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
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