The global veterinary anti-infectives market revealed a value of US$ 3,650 Mn in 2016 and is further anticipated to register a CAGR of 4.1% in terms of value. At this pace, the concerned market is likely to reach a valuation in excess of US$ 5,200 Mn by the close of 2025.
Albany, NY -- (SBWIRE) -- 09/01/2017 -- Looking at the current trends, the market for veterinary anti-infectives is focused towards livestock and companion animals which are in direct interaction with humans. With time, veterinary anti-infectives have advanced into different drug classes so as to facilitate the sector in a better manner. To study further, a new research report has been added to the wide online collection managed by Market Research Reports Search Engine (MRRSE). The report is titled "Veterinary Anti-Infectives Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)", which encloses data related to the global scenario and offers actionable insights on various aspects influencing the market with the availability of statistical analysis.
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As per key research statistics, the global veterinary anti-infectives market revealed a value of US$ 3,650 Mn in 2016 and is further anticipated to register a CAGR of 4.1% in terms of value. At this pace, the concerned market is likely to reach a valuation in excess of US$ 5,200 Mn by the close of 2025.
The research study starts with the executive summary which mentions the market analysis and market overview so as to make the readers familiar about the aim of this evaluation. Further, veterinary anti-infectives market opportunity analysis and trend analysis is presented in a simplistic manner. This research study is a complete package of informative data which covers all the macroeconomic factors, supply chain analysis, SWOT analysis, regulatory scenario, Porter's Five Forces model as well as PESTEL analysis.
As the report proceeds, the readers can access an unbiased view of the market by including segments such as species type, distribution channel, drug class and mode of administration across different geographies such as North America, Latin America, Europe, Asia Pacific (APAC) and the Middle East and Africa (MEA). Considering the market segmentation based on drug class, antimicrobial agents, antiviral agents, antifungal agents and antiparasitic agents are known to be the prime categories. Further, based on distribution channel, veterinary clinics, veterinary hospitals and pharmacies are focused on the major divisions.
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Furthermore, considering the geographical dominance in the global veterinary anti-infectives market, Europe and Asia Pacific are the growing regions, however, North America is the most lucrative as compared to other areas. This advancement can be attributed to an increase in pet ownership and soaring demand for enhanced nutrition, especially animal protein. The United States market is the largest in North America, anticipated to represent more than 75% share during the forecast period. Moreover, the market is expected to register a CAGR rise of 3.6% during 2017 to 2025, which is viewed as an impressive development.
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