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Veterinary Anti-infectives Market 2020 Global Industry Analysis by Top key Players, Share, Future Growth, Development and 2026
Veterinary Anti-infectives Market
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According to the report, the increasing prevalence of food-borne disease is expected to boost the global veterinary anti-infectives market revenue. According to a study published by National Center for Biotechnology Information, U.S. National Library of Medicine in 2017, in the United States an estimated 9.4 million cases of the food-borne disease were reported. Of these, 11% were caused by Salmonella and 9% by Campylobacter.
Key Players Operating in The Veterinary Anti-infectives Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
o Zoetis, Intervet Inc.
o Boehringer Ingelheim International GmbH
o Ceva
o Elanco
o Vetoquinol S.A.
o Bayer AG
Increasing Awareness About Animal Care Will Favor Growth In Asia Pacific
Geographically, the global veterinary anti-infectives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global veterinary anti-infectives market in 2018 and is predicted to dominate during the forecast period owing to the rising incidence of animal disease and rising acquisitions among key players. For instance, Zoetis completed the acquisition of Nexvet, a biologic therapeutics company developing a pipeline of monoclonal antibody therapies for companion animals in pain and other therapeutic areas.
Rising Treatment Costs Will Hamper Growth
Precision Health Technologies received master distributorship for Grazix's natural animal health products in the North American region from Grazix Animal Health Incorporation and LiveLeaf Incorporation. The distributorship for Grazix's natural animal health products is expected to propel the growth of the global veterinary anti-infectives market. However, increasing costs of animal testing and veterinary services are factors expected to restrict the growth of the global veterinary anti-infectives market.
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Veterinary Anti-infectives Market Segmentation:
By Animal Type
o Livestock
o Companion
By Drug Class
o Antimicrobial Agents
o Antiviral Agents
o Antifungal Agents
o Antiparasitic Agents
By Route of Administration
o Oral
o Parenteral
o Topical
By End User
o Veterinary Hospitals
o Veterinary Clinics
o Others
By Geography
o North America (the USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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This Report Answers the Following Questions:
o What are the Veterinary Anti-infectives Market trends and growth drivers?
o How many segments does the market contain?
o What are the opportunities and challenges that the market may face?
o How are the key players keeping up with the changing consumer behavior?
o What are the latest industry developments?
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