Global Animal Antibiotics and Antimicrobials Market Outlook, Opportunities And Strategies – Includes Animal Antibiotics and Antimicrobials Market Size
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The global animal antibiotics and antimicrobials market is expected to grow from $4.23 billion in 2021 to $4.49 billion in 2022 at a compound annual growth rate (CAGR) of 6.11%. The global animal antibiotics and antimicrobials market is expected to grow to $5.26 billion in 2026 at a compound annual growth rate (CAGR) of 4.04%.
Rising demand for animal-derived food products is driving the growth of the animal antibiotics and antimicrobials market.
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The animal antibiotics and antimicrobials market consists of sales of animal antibiotics and antimicrobials by entities (organizations, sole traders, partnerships) that refer to veterinary medications that work against bacteria or microorganisms by either killing bacteria or microorganisms or limiting their development and multiplication. These medications are used in animals to treat clinical diseases, to prevent or control common disease events, and to enhance animal growth.
Global Animal Antibiotics And Antimicrobials Market Segments Include:
By Type of Product: Tetracyclines, Penicillins, Sulfonamides, Macrolides, Aminoglycosides, Lincosamides, Fluoroquinolones, Cephalosporins, Other Antimicrobials and Antibiotics
By Mode of Delivery: Premixes, Oral Powder, Oral Solution, Injection, Others
By Animal Type: Food-Producing Animals, Companion Animals
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global animal antibiotics and antimicrobials market in 2021.
Strategic partnership is a key trend gaining popularity in the animal antibiotics and antimicrobials market. The companies operating in the animal antibiotics and antimicrobial sectors are entering into strategic partnerships with relevant industry players for the research and development of innovative animal antibiotics and antimicrobials.
TBRC’s Animal Antibiotics And Antimicrobials Market Report Covers:
Major Market Players: Boehringer Ingelheim, Zoetis Inc., Elanco Animal Health, Merck & Co. Inc., Phibro Animal Health, Vetoquinol SA, Lutim Pharma, Ceva Santé Animale, Dechra Pharmaceuticals Plc, Kyoritsu Seiyaku, Huvepharma Inc., Zydus, Indian Immunologicals Pvt. Ltd, Bayer Animal Health, Virbac Animal Health, and Phibro Animal Health Corp.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Animal Antibiotics and Antimicrobials Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides animal antibiotics and antimicrobials market overviews, analyzes and forecasts market size, share, animal antibiotics and antimicrobials market players, animal antibiotics and antimicrobials market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s animal antibiotics and antimicrobials market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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