The global Animal Antibiotics and Antimicrobials Market is growing with the CAGR of 6.85% in the and expected to reach USD 10.37, with Delivery Type (Injections, Oral powder, Oral solutions, Premixes, Others), Product Type (Aminocoumarins, Aminoglycosides, Bicyclomycin, etc) and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) and Forecast to 2028
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The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food.
The factors such as the growing need for the animal-derived food products, the growing of the prevalence of the zoonotic diseases, the applications of the guidelines for stopping the spread of the animal diseases and the increasing need for the pet insurance and the rising of the animal health expenses are some of the factors that have supported long-term expansion for Animal Antibiotics and Antimicrobials Market.
Regional Analysis:
North America dominates the animal antibiotics and antimicrobials market because of the increasing number of companion animal healthcare spending, cumulative demand for animal-derived food products, and occurrence of various food-producing. Furthermore, increasing alertness about zoonotic diseases will further boost the growth of the animal antibiotics and antimicrobials market in the region.
Key Players of Animal Antibiotics and Antimicrobials Market
· Zoetis
· Boehringer Ingelheim International GmbH
· Merck & Co., Inc.
· Ceva, Eli Lilly and Company
· Bayer AG
· Dechra Pharmaceuticals PLC
· Virbac, Vetoquinol S.A
· Boehringer Ingelheim GmbH
· Sanofi
· Bioniche Animal Health
· Elanco
· Fort Dodge Animal Health and More
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