Global Veterinary Antibiotics Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Veterinary Antibiotics Market Report by The Business Research Company covers veterinary antibiotics market drivers and restraints, veterinary antibiotics market size, major players, and the impact of COVID-19 on the veterinary antibiotics market.
The veterinary antibiotics market consists of sales of veterinary antibiotics and related services. Veterinary antibiotics are used to fight against infections and diseases in animals caused due to bacteria. The veterinary antibiotics industry includes companies involved in the production of antibiotics used for therapeutic and prophylaxis treatment of animals.
An increase in the number of zoonotic diseases is driving the veterinary antibiotics market. Zoonotic diseases are infectious diseases caused by microscopic organisms, infections, and parasites that spread between animals and humans. Two of the most common zoonotic pathogens salmonella and campylobacter are present in the intestines of these animals. Zoonotic diseases are also a potential threat to humans as they get transferred through the food chain.
The global veterinary antibiotics market is expected to grow from $1.12 billion in 2020 to $1.22 billion in 2021 at a compound annual growth rate (CAGR) of 8.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.53 billion in 2025 at a CAGR of 5.8%.
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Some veterinary antibiotics market trends include increasing collaboration between companies. Collaboration offer companies to combine technologies and a wide range, more diversified portfolio of products to work with, and it also improves the quality of the antibiotics and the speed at which they are producing. Therefore, companies in the veterinary antibiotics market are focusing on collaborations.
Global veterinary antibiotics market segments include:
1) By Product: Anti-Parasitic, Anti-Bacterial, Non-Steroidal Anti-Inflammatory Drug, Others.
2) By End User: Farm Animals, Companion Animals.
3) By Administration: Premixes, Injections, Oral Powders, Oral Solutions, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Veterinary Antibiotics Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides veterinary antibiotics market overviews, analyzes and forecasts market size, share, veterinary antibiotics market players, veterinary antibiotics market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The veterinary antibiotics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Veterinary Antibiotics Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Bayer AG, Boehringer Ingelheim GmbH, Ceva Sante Animale, Eli Lilly Company, Elanco, Merck & Co, Sanofi, Virbac, Zoetis, Crystal Pharma, Dechra Pharmaceuticals PLC, Huvepharma AD, Vetoquinol S.A, Merial (Animal Health Division Of Sanofi), Novartis Animal Health, Phibro Animal Health Corp, Bioniche Animal Health, Fort Dodge Animal Health, Pfizer Inc, Perrigo, IDEXX laboratories, BioPredic International, Sparhawk laboratories, Stason Pharmaceuticals, Vedco Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Veterinary Antibiotics Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Veterinary Antibiotics Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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