Press release
Global Farm Animal Drug Market Global Opportunity Analysis and Industry Forecast to 2024 : Bayer AG, Ceva SanteAnimale, Dechra Pharmaceuticals PLC, Elanco Animal Health (Subsidiary of Eli Lilly), Merck Animal Health, Boehringer Ingelheim GmbH
Global Farm Animal Drug Market Analysis:
Farm animal drug market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Global Farm Animal Drug Market Analysis:
Farm Animal Drug Market accounted to USD 11.3 billion in 2016 growing at a CAGR of 6.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
Top Major Players:
• Bayer AG,
• Ceva SanteAnimale,
• Dechra Pharmaceuticals PLC,
• Elanco Animal Health (Subsidiary of Eli Lilly),
• Merck Animal Health,
• Boehringer Ingelheim GmbH,
• Nippon Zenyaku Kogyo Co., Ltd,
• Intas Pharmaceutical Ltd.,
• Alembic Animal Health,
• Sequent Scientific,
• Virbac SA,
• Zoetis,
• Hester Biosciences Limited,
• Vetoquinol SA,
• Phibro Animal Health Corporation,
• Zydus Animal Health (Subsidiary of Cadila Healthcare Ltd),
• Norbrook,
• KYORITSU SEIYAKU CORPORATION,
• Ashish life Sciences & Among others
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Major market drivers and restraints:
• Rising production of anti-infectives and penetration of parasiticides
• Increasing demand for contamination-free meat and proteins
• Growing consumption of fresh meat
• Stringent regulations
Brief Segment Description:
On the basis of product type
• Anti-infective,
• Parasiticide - endo-parasiticides, ecto-parasiticides, and endectocides
• Anti-inflammatory,
• Anesthetics,
• Analgesics,
• Hormones & related products, and others.
By route of administration
• Oral,
• Parenteral,
• Topical and others
By distribution channel
• Veterinary hospitals,
• Veterinary clinics,
• Pharmacies
• Drug stores and others
Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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