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Enrofloxacin Market Overall Study Report 2021-2028 | Bayer Corporation, KRKA d.d., Novo mesto, Pro Zoon

10-28-2021 09:08 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Enrofloxacin

Enrofloxacin

Enrofloxacin Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

The global enrofloxacin market size is projected to witness potential growth in the future, and register a significant CAGR over the forecast period (2019 - 2027).

Market Overview

Enrofloxacin (ENR) is a fluoroquinolone antibiotic and a veterinary antibacterial agent. It is sold under the trade name Baytril by the Bayer Corporation. ENR is currently approved by the U.S. Food and Drug Administration (FDA) for treatment of individual pets and domestic animals in the U.S. ENR is effective against a several gram-positive and gram-negative bacteria such as Pseudomonas aeruginosa, Klebsiella, and E.coli. It is used for the treatment of infections of the skin and soft tissue, urinary tract infections in dogs and cats, Chlamydophila felis infections in cats, and ulcerative colitis caused by Escherichia coli in dogs. The market is expected to gain significant growth due to growth in the poultry sector.

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Market Dynamics

The growing use of ENR in the treatment of infections caused by both gram-negative and gram-positive bacteria is expected to boost market growth. ENR is administered to cattle by subcutaneous injection and to pigs by intramuscular injection. It is administered orally to cattle, pigs, turkey, and chickens, for the treatment of infections of the respiratory and alimentary tract.

However, in rare instances, the use of ENR in cats may lead to retinal toxicity as this drug cannot be used in pets that are allergic to it. ENR is also associated with some side effects such as vomiting, diarrhea, and lack of appetite. Moreover, in September 2005, enrofloxacin was withdrawn from use in the U.S. poultry farms. These factors are projected to hinder the growth of the enrofloxacin market over the forecast period.

The rising trend of adopting pets is expected to offer lucrative opportunities for market players to enhance their market share.

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Market Outlook

The Asia Pacific is projected to hold a dominant position in the enrofloxacin market over the forecast period. Factors such as growing population and high demand for poultry meat are projected to impact the market growth. Moreover, significant growth in the pet industry in China is also projected to contribute to the market growth in the Asia Pacific. Whereas, restrictions on the use of ENR in the U.S. are expected to adversely affect the growth of the market in North America.

Key Players
Some of the major players operating in the global enrofloxacin market include Bayer Corporation, KRKA d.d., Novo Mesto, Pro Zoon, Chanelle Pharmaceuticals, VetMedic, and VM Pharma.

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Contact:

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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