Market Overview:
The global chlortetracycline hydrochloride market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for animal drugs and feed additives. Chlortetracycline hydrochloride is used as an antibiotic in animal drugs and feed additives, which helps in controlling various diseases in animals. Additionally, the growing population of livestock across the globe is also contributing to the growth of this market. However, stringent regulatory norms regarding drug approvals are restraining the growth of this market.
Product Definition:
Chlortetracycline Hydrochloride is an antibiotic used to treat a variety of bacterial infections. It is important because it can help to fight against serious infections.
Purity ≥98%:
Purity more than 98% is a very rare find in the industry. Purity above 99% is extremely rare and found in few chemicals such as D-amino levulinic acid, n-methylpyrrolidone, ethylenediamine, and diethyl carbonate. The most pure form of tetracycline available commercially is called Tetra Laval V (TLA V).
Purity ≥99.5%:
Purity 99.5% is a colorless and highly hygroscopic crystalline powder, which is used as an intermediate in the production of tetracycline antibiotics. It has applications in the pharmaceutical industry for manufacturing various drugs including Sumycin, doxycycline, minocycline and tigecycline among others.
Application Insights:
Animal drugs was the largest application segment in 2016 and is expected to grow at a CAGR of XX% over the forecast period owing to its usage in feed additives and animal nutrition products. The product has been used as an antibiotic for poultry, swine, dogs, cats & horses; however; it has been facing some competition from other antibiotics such as penicillin & cephalosporin which are cheaper than chlortetracycline hydrochloride.
The feed additive segment is projected to witness significant growth on account of increasing demand for energy supplements particularly in North America and Europe. Moreover; rising awareness regarding health benefits associated with the product will drive its consumption further driving growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing meat consumption and rising awareness about animal health & hygiene. China, India, Japan, Australia are some of the major consumers of meat products in this region which will boost demand for feed additives as well as antibiotics over the forecast period.
The European market is anticipated to grow at a relatively slower rate compared with other regions due to stringent government regulations regarding drug quality and safety coupled with high manufacturing costs associated with chlortetracycline hydrochloride complexation. However, growing R&D activities by various companies along with increasing healthcare expenditure by governments are expected to drive regional product demand in Europe during the forecast period.
North America accounted for a considerable share of global revenue due to high consumption rates of antibiotics both medically.
Growth Factors:
- Increasing demand for Chlortetracycline Hydrochloride in livestock industry for the treatment of various diseases.
- Rising awareness about the benefits of Chlortetracycline Hydrochloride among farmers and veterinarians.
- Growing research and development activities for new applications of Chlortetracycline Hydrochloride in different industries.
- Technological advancements in production processes of Chlortetracycline Hydrochloride that would help to reduce its cost .
Scope Of The Report
Report Attributes
Report Details
Report Title
Chlortetracycline Hydrochloride Market Research Report
By Type
Purity ≥98%, Purity ≥99.5%
By Application
Animal Drugs, Feed Additives
By Companies
Zoetis, Boehringer Ingelheim, Jinhe Biotech, Pucheng Chia Tai, Fujian Fukang Pharmaceutical, Zoetis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Chlortetracycline Hydrochloride Market Report Segments:
The global Chlortetracycline Hydrochloride market is segmented on the basis of:
Types
Purity ≥98%, Purity ≥99.5%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Animal Drugs, Feed Additives
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zoetis
- Boehringer Ingelheim
- Jinhe Biotech
- Pucheng Chia Tai
- Fujian Fukang Pharmaceutical
- Zoetis
Highlights of The Chlortetracycline Hydrochloride Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity ≥98%
- Purity ≥99.5%
- By Application:
- Animal Drugs
- Feed Additives
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chlortetracycline Hydrochloride Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chlortetracycline hydrochloride is a tetracycline antibiotic. It is used to treat bacterial infections, including acne and other skin conditions.
Some of the key players operating in the chlortetracycline hydrochloride market are Zoetis, Boehringer Ingelheim, Jinhe Biotech, Pucheng Chia Tai, Fujian Fukang Pharmaceutical, Zoetis.
The chlortetracycline hydrochloride market is expected to register a CAGR of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chlortetracycline Hydrochloride Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Chlortetracycline Hydrochloride Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Chlortetracycline Hydrochloride Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Chlortetracycline Hydrochloride Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Chlortetracycline Hydrochloride Market Size & Forecast, 2018-2028 4.5.1 Chlortetracycline Hydrochloride Market Size and Y-o-Y Growth 4.5.2 Chlortetracycline Hydrochloride Market Absolute $ Opportunity
Chapter 5 Global Chlortetracycline Hydrochloride Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chlortetracycline Hydrochloride Market Size Forecast by Type
5.2.1 Purity ≥98%
5.2.2 Purity ≥99.5%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chlortetracycline Hydrochloride Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chlortetracycline Hydrochloride Market Size Forecast by Applications
6.2.1 Animal Drugs
6.2.2 Feed Additives
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chlortetracycline Hydrochloride Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chlortetracycline Hydrochloride Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chlortetracycline Hydrochloride Analysis and Forecast
9.1 Introduction
9.2 North America Chlortetracycline Hydrochloride Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chlortetracycline Hydrochloride Market Size Forecast by Type
9.6.1 Purity ≥98%
9.6.2 Purity ≥99.5%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chlortetracycline Hydrochloride Market Size Forecast by Applications
9.10.1 Animal Drugs
9.10.2 Feed Additives
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chlortetracycline Hydrochloride Analysis and Forecast
10.1 Introduction
10.2 Europe Chlortetracycline Hydrochloride Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chlortetracycline Hydrochloride Market Size Forecast by Type
10.6.1 Purity ≥98%
10.6.2 Purity ≥99.5%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chlortetracycline Hydrochloride Market Size Forecast by Applications
10.10.1 Animal Drugs
10.10.2 Feed Additives
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chlortetracycline Hydrochloride Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chlortetracycline Hydrochloride Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chlortetracycline Hydrochloride Market Size Forecast by Type
11.6.1 Purity ≥98%
11.6.2 Purity ≥99.5%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chlortetracycline Hydrochloride Market Size Forecast by Applications
11.10.1 Animal Drugs
11.10.2 Feed Additives
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chlortetracycline Hydrochloride Analysis and Forecast
12.1 Introduction
12.2 Latin America Chlortetracycline Hydrochloride Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chlortetracycline Hydrochloride Market Size Forecast by Type
12.6.1 Purity ≥98%
12.6.2 Purity ≥99.5%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chlortetracycline Hydrochloride Market Size Forecast by Applications
12.10.1 Animal Drugs
12.10.2 Feed Additives
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chlortetracycline Hydrochloride Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chlortetracycline Hydrochloride Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chlortetracycline Hydrochloride Market Size Forecast by Type
13.6.1 Purity ≥98%
13.6.2 Purity ≥99.5%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chlortetracycline Hydrochloride Market Size Forecast by Applications
13.10.1 Animal Drugs
13.10.2 Feed Additives
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chlortetracycline Hydrochloride Market: Competitive Dashboard
14.2 Global Chlortetracycline Hydrochloride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zoetis
14.3.2 Boehringer Ingelheim
14.3.3 Jinhe Biotech
14.3.4 Pucheng Chia Tai
14.3.5 Fujian Fukang Pharmaceutical
14.3.6 Zoetis