Veterinary Anti-infectives Market Although the markets in Europe and Asia-Pacific are expanding, North America is the most profitable of the other regions. The rise in pet ownership and the increasing demand for better nutrition, particularly functional animal protein, are to blame for this. Increased emphasis on food safety is another factor driving up demand. Pet insurance is another trend that is popular in North America. Less than 1% of pets currently have insurance, but the number is rising in the United States at a rate of 10% annually.
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In terms of revenue, the antimicrobial agents segment dominated the global veterinary anti-infectives market in 2016, and it is anticipated that this trend would persist over the course of the projected year. With a market attractiveness index of 1.2 over the course of the evaluation, the segment for antiviral agents is anticipated to be the second most lucrative category by medication class in the global veterinary anti-infectives market.
The worldwide veterinary anti-infectives market presents significant investment potential for key companies in biologics and speciality care. The product portfolio has aged as a result of the low research and development returns in the past. This sparks interest in NPD (New Product Development).
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This market has a wide range of prospects thanks to innovation in R&D and product development in fields like biologics and speciality care. Additionally, the veterinary anti-infectives market is expected to experience considerable development prospects, particularly for new market entrants, due to the rising affordability of therapies and rising consumer awareness of livestock and pet care.
Companies Covered in This Report – Veterinary Anti-Infectives Market
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- Bayer AG
- Cipla Limited
- Dechra Pharmaceuticals PLC
- Eli Lilly and Company (Elanco Animal Health)
- Heska Corp (Diamond Animal Health)
- Merck & Co., Inc. (Merck Animal Health)
- Neogen Corporation
- Phibro Animal Health Corporation
- Sanofi (Merial Animal Health)
- Vetoquinol S.A.
- Virbac S.A.
- Zoetis, Inc.
- Boehringer Ingelheim GmbH
- Ceva Santé Animale
- Indian Immunologicals Limited
- Intas Pharmaceuticals Limited
- Norbrook Laboratories Limited
- Zydus Animal Health Limited
- Ashish Life Science Private Limited
- Oceanic Pharmachem Private Limited.
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Market Segmentation : Veterinary Anti-infectives Market
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- Veterinary Anti-infectives Market By Region : North America, Latin America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA)
- Veterinary Anti-infectives Market By Species Type : Livestock Animals, Companion Animals
- Veterinary Anti-infectives Market By Drug Class : Antimicrobial Agents: Tetracyclines, Penicillins, Cephalosporins, Macrolides, Quinolones, Others
- Antiviral Agents, Antifungal Agents, Antiparasitic Agents, Others
- Veterinary Anti-infectives Market By Mode of Administration : Oral, Parenteral, Topical
- Veterinary Anti-infectives Market By Distribution Channel : Veterinary Hospitals, Veterinary Clinics, Pharmacies, Others
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