Overview of the animal antibacterial and antibiotics market

According to the market research analysts at Technavio, the global animal antibacterial and antibiotics market is anticipated to witness steady growth and will post a moderate CAGR of more than 5% over the forecast period. A sharp rise in pet ownership has led to a significant rise in demand for animal health products such as antibacterial and antibiotics. Such animal health products are intended to enhance the quality of life of these animals. The increasing recognition of pets as family members has diverted the focus toward better health care services for them. Also, the participation of animals in sports also necessitates regular care for these animals to ensure optimal performance. Furthermore, with the advancements in veterinary therapeutics and preventive medicines, along with an increase in disposable income is expected to boost the demand for better care for pets and livestock.

One of the recent trends spurring this market’s growth is the increasing collaborations between academic institutions and leading companies in the market to develop novel products for animal healthcare. For example, in 2013, The Roslin Institute at the University of Edinburgh and Zoetis collaborated to jointly investigate the entry route, mechanism of persistence in cattle, and beef contamination by Salmonella. Such collaborations enable the incorporation of research expertise of academic institutions with the marketing intelligence of pharma companies, contributing to the market’s growth.

Competitive landscape and key vendors

The global animal antibacterial and antibiotics market is highly fragmented owing to the presence of several well-established large and small vendors. The vendors collaborate or acquire other vendors to stay competitive in the market. The smaller vendors are increasingly adopting organic growth strategies to improve their presence in the market.

Key vendors in this market are -

• Zoetis
• Merck Animal Health
• Merial
• Elanco
• Bayer HealthCare

Other prominent vendors in the market include 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.  

Segmentation by chemical class and analysis of the animal antibacterial and antibiotics market

• Tetracyclines
• Others (penicillins, sulfonamides, macrolides, aminoglycosides, and cephalosporins)

During 2015, the tetracyclines was the highest revenue contributing segment and is 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.

Geographical segmentation and analysis of the animal antibacterial and antibiotics market

• Americas
• APAC
• EMEA

In terms of geography, the Americas accounted for the majority of 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 market’s growth in the Americas.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global animal antibacterial and antibiotics market?
• What are the key market trends impacting the growth of the global animal antibacterial and antibiotics market?
• What are the challenges to market growth?
• Who are the key vendors in the global animal antibacterial and antibiotics market?
• What are the market opportunities and threats faced by the vendors in the global animal antibacterial and antibiotics market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global animal antibacterial and antibiotics market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Animal Health Market in North America 2015 - 2019
• Global Pet Dietary Supplements Market 2016-2020
• Global Medicinal Feed Additives Market 2016-2020
• Global Trace Minerals for Animal Feed Market 2015-2019