The increasing cases of diseases among animals are driving the global veterinary anti-infectives market, says Fortune Business Insights in a report, titled “Veterinary Anti-infectives Market Size, Share and Global Trend By Animal Type (Livestock, Companion), By Drug Class (Antimicrobial Agents, Antiviral Agents, Antifungal Agents, Antiparasitic Agents), By Route of Administration (Oral, Parenteral, Topical) By End User (Veterinary Hospitals, Veterinary Clinics, Others) and Geography Forecast till 2026.” The surge in pet ownership is expected to promote the growth of the global veterinary anti-infectives market.
According to the report, the increasing prevalence of food-borne disease is expected to boost the global veterinary anti-infectives market revenue. According to a study published by National Center for Biotechnology Information, U.S. National Library of Medicine in 2017, in the United States an estimated 9.4 million cases of the food-borne disease were reported. Of these, 11% were caused by Salmonella and 9% by Campylobacter.
The report provides a broad overview of the veterinary anti-infectives industry. The report also underscores recent developments witnessed in the market. Acquisitions and mergers undertaken by key players in the global veterinary anti-infectives market are elaborated. In addition to this, the report offers insights into growth drivers and restraints influencing the market’s trajectory.
Sample Report On Global Veterinary Anti-Infectives Market:
Major Veterinary Anti-Infectives Companies Studied In Report:
- Zoetis, Intervet Inc.
- Boehringer Ingelheim International GmbH
- Vetoquinol S.A.
- Bayer AG
- and others.
Global Veterinary Anti-Infectives Market Highlights:
Increasing Prevalence of Diseases Among Animals Will Boost Growth
The increasing cases of diseases among animals is expected to boost the veterinary anti-infectives market shares during the forecast period. According to World Organisation of Animal Health, foot and mouth disease (FMD) is a transboundary animal disease (TAD) that severely affects the production of livestock and disturbing regional and international trade in animals and animal products. The disease is estimated to affect an estimated 77% of the global livestock population, in Africa, the Middle East and Asia, as well as Latin America in 2019. In addition, growing pet ownershipin the developed and developing countries is also likely to enable the growth of the global veterinary anti-infectives market.
Rising Treatment Costs Will Hamper Growth
Precision Health Technologies received master distributorship for Grazix’s natural animal health products in the North American region from Grazix Animal Health Incorporation and LiveLeaf Incorporation. The distributorship for Grazix’s natural animal health products is expected to propel the growth of the global veterinary anti-infectives market. However, increasing costs of animal testing and veterinary services are factors expected to restrict the growth of the global veterinary anti-infectives market.
Increasing Awareness About Animal Care Will Favor Growth In Asia Pacific
Geographically, the global veterinary anti-infectives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global veterinary anti-infectives market in 2018 and is predicted to dominate during the forecast period owing to the rising incidence of animal disease and rising acquisitions among key players. For instance, Zoetis completed the acquisition of Nexvet, a biologic therapeutics company developing a pipeline of monoclonal antibody therapies for companion animals in pain and other therapeutic areas.
Asia-Pacific region is expected to grow at significant rate during the forecast period owing to the increasing awareness about animal care, and rising acquisitions among key players. For instance, leading market players are focusing on distribution partnerships in India. The market in Middle East and Africa and Latin America is projected to grow at relatively lower CAGR during the forecast period.
What does the Report Include?
The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.
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Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
For More Questions, Talk withVeterinary Anti-Infectives Industry Experts:
This report focuses on Veterinary Anti-Infectives Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Veterinary Anti-infectives Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Competitive Analysis and Industry News:
Major companies in the globalVeterinary Anti-Infectives Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition.
Key questions answered in the report:
- What will the market growth rate ofVeterinary Anti-Infectives Market in 2026?
- What are the key factors driving the globalVeterinary Anti-Infectives Market?
- Who are the key manufacturers inVeterinary Anti-Infectives Market space?
- What are the market opportunities, market risk and market overview of theVeterinary Anti-Infectives Global market?
- What are sales, revenue, and price analysis of top manufacturers ofVeterinary Anti-Infectives Global market?
- What are sales, revenue, and price analysis by types and applications ofVeterinary Anti-Infectives Market?
- What are sales, revenue, and price analysis by regions ofVeterinary Anti-Infectives Market?
Browse More Information on This Report: https://www.fortunebusinessinsights.com/industry-reports/veterinary-anti-infectives-market-101239
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