Polyether Antibiotics Market
Regional Analysis
North America Polyether
Antibiotics Market is expected to hold a dominant position in the global
polyether antibiotics market over the forecast period, owing to high presence
of key players in the region along with several strategic mergers and
acquisitions amongst the key players. For instance, in 2015, U.S.-based Eli
Lilly and Company acquired Novartis Animal Health Inc. and strengthen its
position 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 the
forecast period owing to high consumption rate of poultry meat. For instance,
according to The United States Department of Agriculture (USDA) Foreign
Agricultural Service, chicken meat consumption in China in 2017 was approximately
11.6 million metric tons
Polyether ionophores antibiotics group
consists of natural, biologically active substances produced by Streptomyces
spp species. Polyether antibiotics have antifungal, antibacterial, antiviral,
antiparasitic, and tumor cell cytotoxicity properties. Commercially, polyether
ionophores antibiotics are majorly used to control coccidiosis. It is also used
as growth promoters in cattle. There are several drugs in polyether antibiotics
category such as Salinomycin and monensin. Commercially available polyether
antibiotics include lasalocid (Avatec, Bovatec), monensin (Coban, Rumensin, and
Coxidin), narasin (Monteban, Maxiban), maduramycin (Cygro), salinomycin
(Bio-cox, Sacox), laidlomycin (Cattlyst), and semduramycin (Aviax).
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Polyether Antibiotics Market
Drivers
High demand for livestock and
increased consumption of milk, beef, and other food products is expected to
drive the global polyether antibiotics market growth. Increasing demand for
pork and poultry meat along with increase in pig farming and poultry is expected
to propel demand for polyether antibiotics. This is owing to the susceptibility
of poultry animals and other animals to various types of infections and
diseases. High demand for poultry meat is expected to support global polyether
antibiotics market growth over the forecast period. For instance, according to
according to the U.S. Department of Agriculture, the people in the U.S. are
expected to eat an estimated 93 pounds of chicken per person in 2018.
According to a research presented
at July 2018 Chicken Marketing Summit (survey was commissioned by the National
Chicken Council), majority of consumers (89 percent of respondents) wanted more
information about the chicken they buy and eat. Moreover, 35% of the
respondents were concerned about proper use of antibiotics in poultry animals.
It was found that consumers were likely to buy more chicken if there concerns
were answered. These factors are expected to support the global polyether
antibiotics market growth over the forecast period. Moreover, in a 2016 survey
by the U.S. poultry veterinarians about important diseases, coccidiosis ranked
first in importance followed by Necrotic enteritis (NE). Increasing incidence
of coccidiosis is further expected to support global polyether antibiotic
market growth over the forecast period. According to a report by Federal
Statistical Office in 2014, the U.S. was the largest producer of poultry meat
with around 18% of the total meat produced worldwide. High production of
poultry meat is expected to increase demand for polyether antibiotics in turn
boosting the global polyether antibiotic market growth.
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Some factors such as high
administration of in-feed enzymes, stringent regulatory policies in the animal
healthcare field, and increased use of substitute medicines including
prebiotics are likely to restrain the global polyether antibiotic market growth
over the forecast period.
Polyether Antibiotics Market Key
Players
Key players operating in the
global polyether antibiotics market include Zoetis, Inc., Elanco Animal Health
Inc., Hester Biosciences Limited, Huvepharma AD, Ceva Sante Animale, and Dechra
Pharmaceuticals PLC.
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