Bovine Respiratory Disease Treatment MarketSize and Trends

Increasing cattle production due to rising demand for animal meat is expected to drive growth of bovine respiratory disease treatment market

According a study published by the U.S. Department of Agriculture (USDA) in 2016, cattle production is one of the most important industries in the U.S., valued at US$ 78.2 billion in 2015. Growing population in turn, is increasing demand for cattle meat and milk products, which increases rate of cattle rearing. Increasing cattle rearing inadvertently, increases the prevalence of BRD in cattle. This is expected to create a lucrative environment for growth of bovine respiratory disease treatment market in the near future.

North America is expected to hold a dominant position in the bovine respiratory disease treatment market, owing to increasing prevalence of bovine respiratory disease

North America is expected to hold a dominant position in the bovine respiratory disease treatment market due to increasing prevalence of bovine respiratory disease in the region. According to Bovine Respiratory Disease Symposium, 2014, Bovine respiratory disease (BRD) is a worldwide health concern and is very common among cattle in North America. In feedlots, BRD accounts for 70-80% of all feedlot morbidity and 40-50% of all mortality, in the U.S. Asia Pacific is expected to show significant growth in bovine respiratory disease market due to increasing rearing of cattle in China. For instance, according to an article published by the U.S. Department of Agriculture in 2017, China is the world’s second-largest beef meat exporter.

Increasing development of innovative treatment measures for bovine respiratory disease to boost market growth

Key players in bovine respiratory disease treatment market include Zoetis Inc., Bayer AG, Merck & Co., Inc., Virbac Group, Boehringer Ingelheim GmbH, Elanco, Vetoquinol, and Bimeda Animal Health. In 2015, Bayer launched Immunostimulant Zelnate, which effectively reduces bovine respiratory disease (BRD) associated mortality and lung lesions in cattle. Zelnate is the first cytosine-phosphate-guanine (CpG) motif-based immunostimulant authorized by the U.S. Department of Agriculture.Market Trends