NEW YORK, June 8, 2015 /PRNewswire/ -- About Animal Antimicrobials and Antibiotics
Companion animals such as swine, cattle, horses, and fish are prone to various kinds of infections. Antimicrobials and antibiotics are used to treat these infections. Farm owners also use these drugs to accelerate the growth of animals, especially in the farms of North America and Europe. Similar to medicines used by humans, animal antimicrobials and antibiotics require authorization from the governments of the countries where it is being marketed. Lack of adherence to guidelines on antibiotic usage on farm animals can lead to over-use of antibiotics and result in drug-resistant strains of microorganisms. These can then be transferred to human beings through consumption of milk or meat.
Technavio's analysts forecast the global animal antimicrobials and antibiotics market to grow at a CAGR of 5.25% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global animal antimicrobials and antibiotics market for the period 2015-2019. To calculate the market size, the report considers revenue generated through sales of various antibiotics and antimicrobials intended for use in animals.
Based on the chemical class of the drugs, the global animal antimicrobials and antibiotics market can be classified into the following:
- Tetracylines
- Penicillins
- Sulfonamides
- Macrolides
- Aminoglycosides
- Cephalosporins
- Others
The global animal antimicrobials and antibiotics market can be classified based on the type of animal on which the drugs are used. These include:
- Aquatic animals (fish, molluscs, or crustaceans)
- Farm animals (cattle, sheep, goats, poultry, and pigs)
- Companion animals (horses, cats, and dogs)
The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the global animal antimicrobials and antibiotics market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Technavio's report, Global Animal Antimicrobials and Antibiotics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and EMEA and APAC; it also covers the global animal antimicrobials and antibiotics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
- Americas
- APAC
- EMEA
Key Vendors
- Bayer
- Elanco
- Merck Animal Health
- Merial
- Zoetis
Other Prominent Vendors
- Animal Medics
- Biogenesis Bago
- Biovet
- Boehringer Ingelheim
- Ceva Holdings
- Dechra Pharmaceuticals
- ECO Animal Health
- Huvepharma
- Indian Immunologicals
- Lillidale Animal Health
- Mobedco (The Arab Pesticides & Veterinary Drugs)
- Neogen
- Norbrook
- Orion
- Phibro Animal Health
- Vétoquinol
- Virbac
- Vitafor
Market Driver
- Demand for non-vegetarian protein-rich diet
- For a full, detailed list, view our report
Market Challenge
- Lengthy and expensive regulatory approval processes
- For a full, detailed list, view our report
Market Trend
- Increase in M&A
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
Read the full report: http://www.reportlinker.com/p03009230-summary/view-report.html
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