Polyether Antibiotics Market - Structures and Properties of Naturally Occurring Polyether Antibiotics | Detailed Study by Coherent Market Insights

Global Polyether Antibiotics Market Analysis

Overview

Organic, physiologically active compounds generated by Streptomyces spp species make up the polyether ionophores antibiotics category. Antifungal, antibacterial, antiviral, antiparasitic, and tumor cell cytotoxicity are all features of polyether antibiotics. Polyether ionophores antibiotics are commonly used to treat coccidiosis in the commercial world. It is also utilized in cattle as a growth enhancer. Salinomycin and monensin are two medicines that belong to the polyether antibiotics group. Lasalocid, monensin, narasin, maduramycin, salinomycin, laidlomycin, and semduramycin are all widely viable polyether antibiotics.

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Drivers

The global polyether antibiotics market is projected to rise due to the rising need for cattle and rising consumption of milk, meat, and other food items. The demand for polyether antibiotic is projected to rise in response to rising demand for pork and poultry meat, as well as increased pig farming and poultry production. This is due to the fact that poultry and other animals are susceptible to a variety of illnesses and illnesses. During the forecast period, high demand for chicken meat is likely to drive growth in the global polyether antibiotics market. As per the United States Department of Agriculture, Americans are likely to consume an average of 93 pounds of chicken per person in 2018.

As per a poll carried out by the national Chicken Council and released at the July 2018 Chicken Marketing Summit, the majority of customers (89 percent) desired additional details about the poultry they buy and consume. Furthermore, 35% of participants were cautious about the correct use of antibiotics in chickens. Buyers were shown to be more willing to buy more chicken if their worries were addressed. Over the projected period, these factors are projected to promote the growth of the worldwide polyether antibiotics market. Furthermore, in a 2016 poll of major illnesses among US poultry veterinarians, coccidiosis was placed top, followed by narcotizing enteritis (NE). During the forecast period, rising coccidiosis incidence is projected to boost global polyether antibiotics market growth. As per a survey published by the Federal Statistical Office in 2014, the U.S. was the world's greatest supplier of chicken meat, accounting for almost 18% of all meat produced globally. Consumption for polyether antibiotics is projected to rise as chicken meat output rises, enhancing the global polyether antibiotics market.

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Restraints

During the forecast period, several factors such as rising in-feed enzyme administration, strict regulatory rules in the livestock healthcare area, and growing usage of replacement medications such as prebiotics are projected to hinder the global polyether antibiotics market growth.

Regional Insights

Due to the large influx of important businesses in the region, as well as multiple strategic mergers and acquisitions among the major players, the North American polyether antibiotics market is likely to keep a leading position in the global polyether antibiotics market during the forecast period. Eli Lilly and Company, located in the United States, purchased Novartis Animal Health Inc. in 2015, strengthening Eli Lilly and Company's animal health business arm Elanco US, Inc.'s presence in the region. Due to the high rate of consumption of chicken meat in Asia Pacific, the region is projected to expand the most during the forecast period. As per the U.S. Department of Agriculture's Foreign Agricultural Service, China consumed around 11.6 million metric tonnes of chicken meat in 2017.

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Competitive Landscape

Major companies contributing in the global polyether antibiotics market are Elanco Animal Health Inc., Huvepharma AD, Zoetis, Inc., Dechra Pharmaceuticals PLC., Ceva Sante Animale, and Hester Biosciences Ltd.

Table of Content

Global Polyether Antibiotics Market Research Report

Section 1: Global Polyether Antibiotics Industry Overview

Section 2:  Global Economic Impact on Polyether Antibiotics Industry

Section 3:  Global Market Competition by Industry Producers

Section 4:  Global Productions, Revenue (Value), according to Regions

Section 5:  Global Supplies (Production), Consumption, Export, Import, geographically

Section 6:  Global Productions, Revenue (Value), Price Trend, Product Type

Section 7:  Global Market Analysis, on the basis of Application

Section 8:  Polyether Antibiotics Market Pricing Analysis

Section 9:  Market Chain, Sourcing Strategy and Downstream Buyers

Section 10:  Strategies and key policies by Distributors/Suppliers/Traders

Section 11:  Key Marketing Strategy Analysis, by Market Vendors

Section 12:  Market Effect Factors Analysis

Section 13:  Global Polyether Antibiotics Market Forecast

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