Animal Antibiotics and Antimicrobials Market to Witness Exponential Growth by 2022-2031 | Phibro Animal Health, Virbac, Vetoquinol SA, HIPRA

New York, According to a new market research report published by Global Insight Services Animal Antibiotics and Antimicrobials Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Animal antibiotics are drugs used to treat infections in animals. Antibiotics are also used to prevent infections by killing or inhibiting the growth of bacteria. Antimicrobials are drugs used to treat infections caused by viruses, fungi, and protozoa.

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Animal antibiotics and antimicrobials are used to treat a variety of infections in animals. The most common indications for their use are for the treatment of respiratory tract infections, gastrointestinal tract infections, and skin infections. There are a variety of different antibiotics and antimicrobials available on the market, and the choice of which one to use depends on the specific infection being treated.

Key Trends

One of the key trends in animal antibiotics and antimicrobials technology is the development of new and more effective drugs. In particular, there has been a focus on developing drugs that are effective against a wider range of bacteria, including those that are resistant to existing drugs.

There has also been a focus on developing drugs that are less likely to cause side effects in animals. Another trend is the development of new delivery methods for antibiotics and antimicrobials, such as transdermal patches and subcutaneous implants.

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Key Drivers

The key drivers of the animal antibiotics and antimicrobials market are the increasing prevalence of infectious diseases in animals, the growing demand for meat and poultry products, and the increasing number of companion animals.

The increasing prevalence of infectious diseases in animals is a key driver of the animal antibiotics and antimicrobials market. Infectious diseases are a major cause of morbidity and mortality in animals, and they can have a significant impact on the productivity of livestock.

The growing demand for meat and poultry products is another key driver of the animal antibiotics and antimicrobials market. The consumption of meat and poultry products has been increasing due to the growing population and the changing dietary habits of people. The increased demand for meat and poultry products has led to an increase in the number of livestock, which has, in turn, increased the incidence of infectious diseases.

The increasing number of companion animals is another key driver of the animal antibiotics and antimicrobials market. Companion animals are kept for companionship and emotional support, and their numbers have been increasing due to the growing trend of pet ownership.

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Market Segments

The Animal Antibiotics and Antimicrobials Market is segmented by product, mode of delivery, animal and region. By product, the market is divided into tetracycline, penicillin, sulfonamide, and others. Based on mode of delivery, it is bifurcated into premixes, oral solution and injection. On the basis of animal, it is classified into food producing & companion. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Animal Antibiotics and Antimicrobials Market includes players such as Boehringer Ingelheim, Zoetis Inc., Elanco Animal Health, Merck & Co. Inc., Phibro Animal Health, Virbac, Vetoquinol SA, HIPRA, Ceva Santé Animale and Dechra Pharmaceuticals Plc.

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Reasons to buy Animal Antibiotics and Antimicrobials Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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