Animal Antibiotics and Antibacterial Market: 6.5% CAGR Growth to 2020

RnRMarketResearch.com adds Global Animal antibacterial and antibiotics Market 2016-2020 latest Industry research report, the analysts forecast global animal antibacterial and antibiotics market to grow at a CAGR of 6.5% during the period 2016-2020.

October 27, 2016 /MarketersMedia/ —

The global animal antibacterial and antibiotics market analyst says increase in investments is one of the popular trends of this market. The market is witnessing an increase in investments by various government and non-government organizations such as animal welfare associations. For instance, in 2012, the Animal Health Institute member companies invested $747 million in the R&D of new medicines for animals and the maintenance of existing products. Increased investments, especially in the underdeveloped markets of Asia and Africa, are expected to double the growth rate of the animal antibacterial and antibiotics market in these regions.

Complete report on animal antibacterial and antibiotics market spread across 71 pages, analyzing 5 major companies and providing 48 data exhibits are now available at http://www.rnrmarketresearch.com/global-animal-antibacterial-and-antibiotics-market-2016-2020-market-report.html

According to the animal antibacterial and antibiotics market report, demand for protein-rich diet will drive growth in the market. Globally, animal products such as milk, eggs, and meat serve a large proportion of the human population. The increase in population is fueling the growth in the demand for food, including animal-based food. Further, the rise in urbanization has created a shift in consumption patterns. Demand for nutrient-dense foods such as animal-based meat and related food items such as milk, egg, and dairy products are on a rise.

The following companies are the key players in the global animal antibacterial and antibiotics market: Zoetis, Merck Animal Health, Merial, Elanco, and Bayer HealthCare. Other prominent vendors in the market are: Animal Medics, Biogénesis Bagó, Bio-Vet, Boehringer Ingelheim Vetmedica, Ceva Santé Animale, Dechra Pharmaceuticals, ECO Animal Health, Huvepharma, Indian Immunologicals, Lillidale Animal Health, Mobedco-Vet (The Arab Pesticides & Veterinary Drugs), Neogen, Norbrook, Orion, Phibro Animal Health, Vétoquinol, Virbac, and Vitafor. Order a copy of Global Animal Antibacterial and Antibiotics Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=733367

The tetracyclines were the highest revenue contributing segment in the animal antibacterial and antibiotics market and are likely to continue to its dominance over the coming years. Tetracyclines are broad-spectrum antibiotics, which are derivatives of polycyclic naphthacene carboxamide. This is the largest class of drugs administered to animals as they act by inhibiting bacterial translation, thereby preventing protein synthesis. Also, these drugs are not only used for their antibacterial properties but also for promoting growth and enhancing performance, leading to their augmented adoption.

The Americas accounted for the majority of animal antibacterial and antibiotics market shares and will continue to lead the market during the forecast period. The US was the highest revenue contributor in the region, thereby holding a significant portion of the global market. Factors such as the high prevalence of zoonotic diseases and increase in awareness of animal healthcare will aid in this animal antibacterial and antibiotics market growth in the Americas.

Global Animal Antibacterial and Antibiotics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated from the sales of branded, generic, and off-label drugs.

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