Market Study Report recently added a new title on 2020-2027 Global Animal Antibiotics and Antimicrobials Market Report from its database. The report provides study with in-depth overview, describing about the Product, Size, Share, Industry Scope and elaborates market outlook and status to 2027.
Global Animal Antibiotics and Antimicrobials Market size to reach USD 5.81 billion by 2027 and is valued approximately at USD 4.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.6% over the forecast period 2020-2027.
Request a Sample Report of Animal Antibiotics and Antimicrobials Market at: https://www.marketstudyreport.com/request-a-sample/3611191/?utm_source=Marketwatch.com/&utm_medium=SP
Animal Antibiotics and Antimicrobials are the products which prevent animals from infections like skin infections, pneumonia and other body problems by killing bacteria or by inhibiting the bacterial growth, so that animal’s immune system can become strong enough to fight the bacteria. Growing livestock population, initiatives concerning animal welfare and health, rise in demand of dairy products, rising demand for animal protein products, high consumption of animal-derived food products is anticipated to influence the growth of animal antibiotics and antimicrobials market positively.
Major Animal Antibiotics and Antimicrobials Market player included in this report are:
- Boehringer Ingelheim
- Zoetis Inc
- Elanco Animal Health
- Merck & Co. Inc.
- Phibro Animal Health
- Vetoquinol SA
- Dechra Pharmaceuticals Plc
According to the Guardian and Bureau of Investigative Journalism, owing to the growth of animal antibiotics and antimicrobial market, the number of industrial-sized pig and poultry units that was 1669 in 2017 in UK has reached to 1786 in 2020 due to rise of 7%. According to Statista, volume of global dairy market is projected to grow to 234 metric tons by 2021 from 225 metric tons in 2019.However, regulations imposed by agencies such as Food and Drugs Administration on excessive usage of animal antibiotic and antimicrobial products impedes the growth of the market over the forecast period of 2020-2027. Also, boom in demand of animal protein and rise in animal companion ownership is likely to increase the market growth during the forecast period.
The regional analysis of global Animal Antibiotics and Antimicrobials Market size is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing urbanization, increasing demand for animal related products and high disposable income. Whereas, Asia-Pacific, Middle East and Africa is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising demand for dairy products, and rising expenditure on animal health would create lucrative growth prospects for the Animal Antibiotics and Antimicrobials Market across Asia-Pacific region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type of Product:
- Other Antimicrobials and Antibiotics
By Mode of Delivery:
- Oral Powder
- Oral Solution
By Animal Type:
- Food-Producing Animals
- Companion Animals
- North America
- Asia Pacific
- Latin America
- Rest of the World
For More Details on Animal Antibiotics and Antimicrobials Market Report at: https://www.marketstudyreport.com/reports/global-animal-antibiotics-and-antimicrobials-market-size-research?utm_source=Marketwatch.com/&utm_medium=SP
Market Study Report is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report is the platform that can help you in achieving any of these objectives.
Market Study Report
Toll Free: 1-866-764-2150