The Animal Medicine Global Market Report 2020-30 by The Business Research Company describes and explains the global animal medicine market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Animal Medicine Global Market Opportunities And Strategies Report covers animal medicine market drivers, animal medicine market trends, animal medicine market segments, animal medicine market growth rate, animal medicine market major players, and animal medicine market size.
View Complete Report:
https://www.thebusinessresearchcompany.com/report/animal-medicine-market
The animal medicine market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Request
For The Sample Now:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1980&type=smp
Trends in the market include:
Production Of Combination Medicated Feed
Additives -
Veterinary medicines manufacturers have
started increasingly producing combination medicated feed additives to improve
efficiencies of the end product. Medicated feed additives in general help
maintain animal health and promote growth and feed efficiency. They are usually
promoted as an extra nutrient or drug for livestock. Medicated feed additives
include vitamins, amino acids, fatty acids, pharmaceuticals, minerals, growth
hormones and fungus. Around 70% of companies in the medical feed additives
market are introducing new medicated feed additives formed as a result of a
combination of two or more medicated feed additives to improve the efficiency of
the product. For instance, in November 2018, Zoetis, the world’s largest
producer of veterinary medicines, received an approval from the US FDA (Food
and Drug Administration) for Cyden and Lincomix, a combination feed additive
proposed to be used as a medicated feed additive for poultry.
Strategic Collaborations And Partnerships
To Drive Innovations -
Companies in the animal medicine industry
are increasingly collaborating and partnering with other players to drive
product innovations. To succeed in the increasingly competitive animal medicine
market, veterinary medicines companies are entering into new geographies and
developing innovative products through sharing skills and expertise with other
players. In April 2019, Bayer AG, a German pharmaceutical and life sciences
company, collaborated with Adivo GmbH, a biotech company generating therapeutic
antibodies for companion animals, to develop therapeutic antibodies for
veterinary medicine. Similarly, in June 2018, Merck & Co.’s subsidiary, MSD
Animal Health, announced a strategic partnership with Vinovo B.V., a division
of Viscon Hatchery Automation, the leading hatchery automation company, to
provide a new standard in safe and effective in ovo vaccination to improve bird
welfare, reduce vaccine reactions and provide improved protection for the
poultry.
The market is segmented:
By Type of Medicine-
a.
Veterinary Pharmaceuticals
b.
Feed Additives
By Type Of Additive Feed additives
a.
Antibiotics
b.
Amino Acids And Antioxidants
c. Vitamins,
Acidifiers
d.
Enzymes
e.
Others
By Type of Animal -
a.
Cattle (Dairy And Meat Purposes)
b.
Poultry
c.
Other Farm Animals
d.
Dogs And Cats
e.
Other Companion Animals
By Drug Type -
a. Branded
b. Generic
By Type of Prescription -
a. OTC
b. Prescription
By Route of Administration -
a.
Oral
b.
Intravenous
c.
Subcutaneous
d.
Others
By Distribution Channel -
a. Vet Services
b. Online
c. Others
By Level Of Regulation-
a. Highly Regulated Countries
b. Loosely Regulated Countries
About The Business Research Company:
The Business
Research Company is a market intelligence firm that excels in company, market,
and consumer research. Located globally it has specialist consultants in a wide
range of industries including manufacturing, healthcare, financial services,
chemicals, and technology. It has offices in the UK, the US and India and
a network of trained researchers in 20+ countries globally.
Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: http://blog.tbrc.info/
No comments:
Post a Comment