Global Animal Antibacterial and Antibiotics Market to grow at a CAGR of 6.5% during the period 2016 - 2020; Finds New Report

Report forecast the global animal antibacterial and antibiotics market to grow at a CAGR of 6.5% during the period 2016-2020.

Antibacterial and antibiotic drugs are used to treat various conditions that affect animals such as companion animals, swine, cattle, horses, and fish. These drugs are also used to accelerate the growth of animals, especially in North America and Europe. However, an overuse of antibiotics has led to the development of antibiotic-resistant strains of microorganisms. This is a worrying trend as the resistant microbes could be transferred to humans through the consumption of milk or meat.

The report covers the present scenario and the growth prospects of the global animal antibacterial and antibiotics for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of branded, generic, and off-label drugs.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, demand for protein-rich diet will drive growth in the market. Globally, animal products such as milk, eggs, and meat serve a large proportion of the human population. The increase in population is fueling the growth in the demand for food, including animal-based food. Further, the rise in urbanization has created a shift in consumption patterns. Demand for nutrient-dense foods such as animal-based meat and related food items such as milk, egg, and dairy products is on a rise.

Further, the report states that stringent regulatory guidelines for obtaining market approvals of animal drugs are a major hindrance to market growth. In the EU, distinct product supply rules for animal products and language barriers among member states affect the efficient and timely distribution of these drugs. For instance, in Italy, the regulations for the animal healthcare sector are more stringent than for the human healthcare sector, which hinders the regulatory approval process.

Global Animal Antibacterial and Antibiotics for 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global animal antibacterial and antibiotics market: Zoetis, Merck Animal Health, Merial, Elanco, and Bayer HealthCare

Other Prominent Vendors in the market are: Animal Medics, Biogénesis Bagó, Bio-Vet, Boehringer Ingelheim Vetmedica, Ceva Santé Animale, Dechra Pharmaceuticals, ECO Animal Health, Huvepharma, Indian Immunologicals, Lillidale Animal Health, Mobedco-Vet (The Arab Pesticides & Veterinary Drugs), Neogen, Norbrook, Orion, Phibro Animal Health, Vétoquinol, Virbac, and Vitafor.

Market driver

• Demand for protein-rich diet
• For a full, detailed list, view our report

Market challenge

• Lengthy regulatory approval process
• For a full, detailed list, view our report

Market trend

• Industry-academia collaborations
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 71 pages and 48 Exhibits “Global Animal Antibacterial and Antibiotics Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Veterinary drug approval process, Antibacterial: Overview, Market segmentation by chemical class, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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