Pune, India -- (SBWire) -- 02/28/2018 --Farm Animal Drug Market accounted to USD 11.3 billion in 2016 growing at a CAGR of 6.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major market drivers and restraints:


- Rising production of anti-infectives and penetration of parasiticides

- Increasing demand for contamination-free meat and proteins

- Growing consumption of fresh meat

- Stringent regulations


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Market Segmentation:
Global Farm Animal Drug Market, By Product Type{Anti-Infective, Parasiticide (Endo-parasiticides, Ecto-parasiticides, Endectocides), Anti-inflammatory, Anesthetics, Analgesics, Hormones & related products and others}; Route of Administration (Oral, Parenteral, Topical and others); Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies and Drug Stores and others); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)- Industry Trends and Forecast to 2024

Brief Segment Description:

On the basis of product type, the farm animal drug market is segmented into anti-infective, parasiticide, anti-inflammatory, anesthetics, analgesics, hormones & related products, and others. The parasiticide segment is further segmented into endo-parasiticides, ecto-parasiticides, and endectocides.|

By route of administration, the market is segmented into oral, parenteral, topical and others.

By distribution channel, the market is segmented into veterinary hospitals, veterinary clinics, pharmacies and drug stores and others.

Based on geography, the market is segmented into five geographical regions:



- North America

- Europe

- Asia-Pacific

- South America

- Middle East and Africa


The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.

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Major Players:


- Bayer AG,

- Ceva SanteAnimale,

- Dechra Pharmaceuticals PLC,

- Elanco Animal Health (Subsidiary of Eli Lilly),

- Merck Animal Health,

- Boehringer Ingelheim GmbH,

- Nippon Zenyaku Kogyo Co., Ltd,

- Intas Pharmaceutical Ltd.,

- Alembic Animal Health,

- Sequent Scientific,

- Virbac SA,

- Zoetis,

- Hester Biosciences Limited,

- Vetoquinol SA,

- Phibro Animal Health Corporation,

- Zydus Animal Health (Subsidiary of Cadila Healthcare Ltd),

- Ashish life Sciences,

- Among others


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