Pune, India -- (SBWIRE) -- 09/04/2018 -- Market Definition: Animal Antibiotics and Antimicrobials Market

Animal Antibiotics and Antimicrobials are used in animals which contribute to the emergence of antimicrobial resistance in bacteria that may be transferred to humans, thereby reducing the effectiveness of antimicrobial drugs for treating human disease.

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Market Analysis: Animal Antibiotics and Antimicrobials Market

The Animal Antibiotics and Antimicrobials market accounted to USD 3.67 billion in 2016 growing at a CAGR of 4.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Animal Antibiotics and Antimicrobials Market, By Product Type (Tetracycline, Penicillin, Sulfonamide, Macrolide, Cephalosporin, Fluoroquinolone), By Mode of Delivery (Premixes, Oral Powder, Injection), By Animal (Food-producing & Companion), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)- Industry Trends and Forecast to 2024

Market Segmentation: Animal Antibiotics and Antimicrobials Market

By product type:

- Tetracycline
- Penicillin
- Sulfonamide
- Macrolide
- Cephalosporin
- Fluoroquinolone

On the basis of Mode of Delivery:

- Premixes
- Oral Powder
- Injection segments

By Animal Type:

- Food-Producing Animals
- Companion

Food-producing animals segment is further segmented into:

- Cattle
- Pigs
- Poultry
- Sheep
- Goats
- Other Food-Producing Animals

Companion segment in further segmented into:

- Dogs
- Cats
- Horses
- Other Companion Animals

On the basis of geography:

- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa

Some of the major countries covered in this report are:

- U.S.
- Canada
- Germany
- France
- U.K.
- Netherlands
- Switzerland
- Turkey
- Russia
- China
- India
- South Korea
- Japan
- Australia
- Singapore
- Saudi Arabia
- South Africa
- Brazil
- Among others.

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Major Market Competitors: Animal Antibiotics and Antimicrobials Market

- Zoetis, Inc.
- Boehringer Ingelheim GmbH
- Merck & Co., Inc.
- Ceva Sante Animale
- Eli Lilly and Company
- Bayer AG
- Dechra Pharmaceuticals PLC
- Virbac
- Vetoquinol S.A
- Boehringer Ingelheim GmbH
- Sanofi
- Ceva Sante Animale
- Among others.

Report Drivers and Restraints:

- Rising demand for animal-derived food products
- Growing demand for pet insurance and rising animal health expenditure
- Increasing incidences of zoonotic diseases
- Lack of innovative of new antibiotic
- Growing imperviousness to antimicrobials and anti-microbials

Competitive Analysis:

The Animal Antibiotics and Antimicrobials market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Animal Antibiotics and Antimicrobials market for global, Europe, North America, Asia Pacific and South America.

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