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Animal Antibiotics and Antimicrobials Market Report- Size, Demand, Cost Structures, Latest trends, and Forecast | Boehringer Ingelheim Gmbh

01-24-2022 07:18 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsnReports

The Animal Antibiotics and Antimicrobials Market research report market analysis puts a light on various segments that are relied upon to witness the quickest business development amid the estimated forecast frame CAGR levels for the Animal Antibiotics and Antimicrobials Market
concerning its rise or fall are evaluated in the report for the forecast period of 2021-2026. Furthermore, the Animal Antibiotics and Antimicrobials Market research report also analyses the market growth.

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The Major Players in this Report-
Zoetis, Inc.
Merck & Co., Inc.
Boehringer Ingelheim Gmbh
Elanco Animal Health
Ceva Santé Animale
Virbac
Vetoquinol Sa.
Dechra Pharmaceuticals Plc
Phibro Animal Health
Kyoritsu Seiyaku
Zydus Animal Health
Tianjin Ringpu
Hipra
Inovet

Other Emerging Companies
Endovac Animal Health
Eco Animal Health Group Plc
Indian Immunologicals Ltd.
Ashish Life Science (Als)
Lutim Pharma

The global animal antimicrobials and antibiotics market is projected to reach USD 5.6 billion by 2026 from USD 4.7 billion in 2021, at a CAGR of 3.6% from 2021 to 2026. Market growth can largely be attributed to the rising demand for animal-derived food products, increasing incidence of zoonotic diseases, and the implementation of regulations to prevent the spread of animal diseases. Rising animal healthcare spending and the growing demand for pet insurance are further expected to drive the growth of this market. The untapped emerging markets such as China, India, and Brazil and growth in the overall companion animal population are also expected to offer significant growth opportunities to market players in the coming years

However, the limited number of new antibiotics, growing resistance to antimicrobials and antibiotics, and increasing good husbandry and hygiene practices are expected to hinder the growth of this market to a certain extent.

The animal antimicrobials and antibiotics market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2020, North America accounted for the largest share of 30.3% of the global animal antimicrobials and antibiotics market. The large share of this region is mainly due to the increase in the region’s animal population, rising demand for animal-derived food products, growth in pet insurance, and rising animal health expenditure compared to other regions.

The report analyzes the animal antimicrobials and antibiotics market and aims at estimating the market size and future growth potential of various market segments, based on by type of product, mode of delivery, animal type, and region.

Animal Antibiotics and Antimicrobials Market report also provides a competitive analysis of the key players operating in this market, along with their company profiles, product offerings, recent developments, and key market strategies.

Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)

The report examines the Animal Antibiotics and Antimicrobials Market drivers and restraints, along with the impact of Covid-19 are influencing the market growth in detail. The study covers & includes emerging market trends, market developments, market opportunities, market size, sales, Animal Antibiotics and Antimicrobials Market analysis, market revenue, market dynamics, and challenges in the industry. Animal Antibiotics and Antimicrobials Market report also covers extensively researched competitive landscape sections with profiles of major companies, including their market share and projects.

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Table Of Contents in this Report-
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Inspection Machines Market, By Product
8 Inspection Machines Market, By Type
9 Inspection Machines Market, By Packaging Type
10 Inspection Machines Market, By End User
11 Inspection Machines Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix

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