ANIMAL ANTIMICROBIALS AND ANTIBIOTICS MARKET ANALYSIS

Regional Analysis

On the basis of geography, North America held the largest share of the animal antibiotics and antimicrobials market. This dominance can be attributed to the developed animal healthcare market in this region. Other factors driving the market in this region are growing demand for animal-derivative food products, increasing expenditure on animal healthcare, rising animal population, and increase in awareness about the zoonotic diseases (disease transmitted from animals to humans). Nonetheless, the Asia-Pacific market is likely to grow at the maximum CAGR, due to rising animal population, growing demand for animal based food products, rise in awareness about animal welfare and animal health, especially in the emerging economies of China and India.