Polyether Antibiotics MarketRegional Analysis
North America PolyetherAntibiotics Market is expected to hold a dominant position in the globalpolyether antibiotics market over the forecast period, owing to high presenceof key players in the region along with several strategic mergers andacquisitions amongst the key players. For instance, in 2015, U.S.-based EliLilly and Company acquired Novartis Animal Health Inc. and strengthen itsposition of Eli Lilly and Company’s animal health business arm Elanco US, Inc.in the region. Asia Pacific is expected to witness highest growth over theforecast period owing to high consumption rate of poultry meat. For instance,according to The United States Department of Agriculture (USDA) ForeignAgricultural Service, chicken meat consumption in China in 2017 was approximately11.6 million metric tons
Polyether ionophores antibiotics groupconsists of natural, biologically active substances produced by Streptomycesspp species. Polyether antibiotics have antifungal, antibacterial, antiviral,antiparasitic, and tumor cell cytotoxicity properties. Commercially, polyetherionophores antibiotics are majorly used to control coccidiosis. It is also usedas growth promoters in cattle. There are several drugs in polyether antibioticscategory such as Salinomycin and monensin. Commercially available polyetherantibiotics include lasalocid (Avatec, Bovatec), monensin (Coban, Rumensin, andCoxidin), narasin (Monteban, Maxiban), maduramycin (Cygro), salinomycin(Bio-cox, Sacox), laidlomycin (Cattlyst), and semduramycin (Aviax).
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Polyether Antibiotics MarketDrivers
High demand for livestock andincreased consumption of milk, beef, and other food products is expected todrive the global polyether antibiotics market growth. Increasing demand forpork and poultry meat along with increase in pig farming and poultry is expectedto propel demand for polyether antibiotics. This is owing to the susceptibilityof poultry animals and other animals to various types of infections anddiseases. High demand for poultry meat is expected to support global polyetherantibiotics market growth over the forecast period. For instance, according toaccording to the U.S. Department of Agriculture, the people in the U.S. areexpected to eat an estimated 93 pounds of chicken per person in 2018.
According to a research presentedat July 2018 Chicken Marketing Summit (survey was commissioned by the NationalChicken Council), majority of consumers (89 percent of respondents) wanted moreinformation about the chicken they buy and eat. Moreover, 35% of therespondents were concerned about proper use of antibiotics in poultry animals.It was found that consumers were likely to buy more chicken if there concernswere answered. These factors are expected to support the global polyetherantibiotics market growth over the forecast period. Moreover, in a 2016 surveyby the U.S. poultry veterinarians about important diseases, coccidiosis rankedfirst in importance followed by Necrotic enteritis (NE). Increasing incidenceof coccidiosis is further expected to support global polyether antibioticmarket growth over the forecast period. According to a report by FederalStatistical Office in 2014, the U.S. was the largest producer of poultry meatwith around 18% of the total meat produced worldwide. High production ofpoultry meat is expected to increase demand for polyether antibiotics in turnboosting the global polyether antibiotic market growth.
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Some factors such as highadministration of in-feed enzymes, stringent regulatory policies in the animalhealthcare field, and increased use of substitute medicines includingprebiotics are likely to restrain the global polyether antibiotic market growthover the forecast period.
Polyether Antibiotics Market KeyPlayers
Key players operating in theglobal polyether antibiotics market include Zoetis, Inc., Elanco Animal HealthInc., Hester Biosciences Limited, Huvepharma AD, Ceva Sante Animale, and DechraPharmaceuticals PLC.
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