Veterinary Antibiotics are used to treat, control or prevent animals against diseases. These are also used as growth promoters and play a vital role in maintaining animal health. Antibiotics are generally the anti-bacterial compounds that have a direct effect on bacteria, thereby preventing the infection in farm and companion animals. Growing concerns over antibiotic resistance in human beings coupled with rising demand for milk, eggs and meat is influencing the veterinary antibiotic market across the globe.
MARKET DYNAMICS
Factors driving the growth of the veterinary antibiotics market are high predominance of zoonotic diseases, and growing importance of immunization across the globe. However, rising threat of antibiotic resistance and stringent regulations imposed by FDA are likely to hamper the growth of the market. Moreover, rise in demand for pet health insurance combined with healthcare expenditure in the veterinary antibiotics is further likely to create growth opportunities in the market.
MARKET SCOPE
The "Veterinary Antibiotics Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of veterinary antibiotics market with detailed market segmentation by product, formulation, and end use. The veterinary antibiotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in veterinary antibiotics market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The veterinary antibiotics market is segmented on the basis of product, formulation, and end use. On the basis of product, the market is categorized as anti-parasitic, anti-bacterial, non-steroidal anti-inflammatory drug, and others. On the basis of formulation, the market is categorized as premixes, injections, oral powders, oral solutions, and others. On the basis of end use, the market is categorized as farm animals, companion animals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the veterinary antibiotics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The veterinary antibiotics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting veterinary antibiotics market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the veterinary antibiotics market in these regions.
MARKET PLAYERS
The report covers key developments in the veterinary antibiotics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from veterinary antibiotics market are anticipated to have lucrative growth opportunities in the future with the rising demand for veterinary antibiotics in the global market. Below mentioned is the list of few companies engaged in the veterinary antibiotics market.
The report also includes the profiles of key players in veterinary antibiotics market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
-Zoetis, Inc.
-Merck & Co.
-Bayer AG.
-Sanofi
-Eli Lilly
-Ceva Sante Animale.
-Boehringer Ingelheim GmbH
-IPCA Laboratories
-Johnson & Johnson
-Kyowa Hakko Kirin Pharma