Market Overview:
The global virginiamycin market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The virginiamycin market is segmented on the basis of type, application and region. On the basis of type, the virginiamycin market is segmented into poultry, aquaculture and others. On the basis of application, the virginiamycin market is segmented into online channels, supermarket/hypermarket, specialty store and others. The North America region dominates the global virginiamycin market in terms of revenue share followed by Europe and Asia Pacific regions respectively.
Product Definition:
Virginiamycin is a macrolide antibiotic used in veterinary medicine to treat bacterial infections, such as pneumonia and mastitis. It is also used as a growth promoter in livestock.
Poultry:
Poultry is the meat of chicken, turkey, ducks and geese. The poultry market has been witnessing significant growth over the past few years on account of increasing demand for poultry products such as chicken, duck and other types of meat. Poultry is one of the most consumed animal source food across the globe which can be attributed to its high protein content.
Aquaculture:
Aquaculture is the farming of aquatic animals like fish, crustaceans, mollusks and other aquatic flora and fauna. It is an old method of food production which has been practiced for thousands of years. The modern aquaculture started after the discovery of antibiotics such as penicillin and tetracycline in early 1940s. Since then this mode of farming has been widely used to produce animal antibiotics along with other drugs that are used for human consumption.
Application Insights:
Online channels emerged as the dominant application segment and accounted for a revenue share of over 60.0% in 2017. The segment is expected to continue its dominance over the forecast period owing to increasing penetration of online retailing coupled with Virginiamycin demand from third-party suppliers on account of high product demand in this application.
The specialty store segment is also expected to witness significant growth during the forecast period, owing to rising consumer awareness regarding accessorization along with other fashion trends across various regions globally. Furthermore, specialty stores are increasingly including products such as vitamins and dietary supplements into their product offering, which further boosts market growth during this phase.
Regional Analysis:
North America was the largest market for global Virginiamycin market, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well. This growth can be attributed to rising awareness regarding poultry and seafood products among consumers in the U.S.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to increasing consumption of seafood products in countries such as China and India that contributes towards high demand from online channels as well as from other conventional retail formats including hypermarkets/ supermarkets.
Europe also held a considerable share of global revenue in 2017 due to growing awareness about health benefits associated with meat consumption coupled with consumer preference toward antibiotic-free meat across various countries such UK, Germany, Spain etc.
Growth Factors:
- Increasing demand for meat and poultry products due to changing dietary habits of people across the globe.
- Rising awareness about the benefits of virginiamycin among livestock farmers and veterinarians.
- Growing number of government initiatives and programs to promote the use of virginiamycin in livestock farming sector.
- Technological advancements in production processes that has led to increased efficiency and output from farms using virginiamycin as feed additive or growth promoter agent
Scope Of The Report
Report Attributes
Report Details
Report Title
Virginiamycin Market Research Report
By Type
Poultry, Aquaculture, Others
By Application
Online Channels, Supermarket/Hypermarket, Specialty Store, Others
By Companies
Phibro Animal Health Corporation, Zoetis, Elanco, Merck Animal Health, Merial, Bayer Animal Health, Virbac, Ceva, Boehringer Ingelheim, Vetoquinol
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Virginiamycin Market Report Segments:
The global Virginiamycin market is segmented on the basis of:
Types
Poultry, Aquaculture, Others
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
Online Channels, Supermarket/Hypermarket, Specialty Store, Others
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:
- Phibro Animal Health Corporation
- Zoetis
- Elanco
- Merck Animal Health
- Merial
- Bayer Animal Health
- Virbac
- Ceva
- Boehringer Ingelheim
- Vetoquinol
Highlights of The Virginiamycin 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:
- Poultry
- Aquaculture
- Others
- By Application:
- Online Channels
- Supermarket/Hypermarket
- Specialty Store
- Others
- 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 Virginiamycin 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Virginiamycin is a type of antibiotic. It is used to treat infections caused by bacteria. Virginiamycin can be taken by mouth or injection. It is available in tablet form and as a liquid suspension for use in the eye.
Some of the key players operating in the virginiamycin market are Phibro Animal Health Corporation, Zoetis, Elanco, Merck Animal Health, Merial, Bayer Animal Health, Virbac, Ceva, Boehringer Ingelheim, Vetoquinol.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Virginiamycin 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 Virginiamycin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Virginiamycin 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 Virginiamycin 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 Virginiamycin Market Size & Forecast, 2020-2028
4.5.1 Virginiamycin Market Size and Y-o-Y Growth
4.5.2 Virginiamycin Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Poultry
5.2.2 Aquaculture
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Online Channels
6.2.2 Supermarket/Hypermarket
6.2.3 Specialty Store
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Virginiamycin 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 Virginiamycin 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Poultry
9.6.2 Aquaculture
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Online Channels
9.10.2 Supermarket/Hypermarket
9.10.3 Specialty Store
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Poultry
10.6.2 Aquaculture
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Online Channels
10.10.2 Supermarket/Hypermarket
10.10.3 Specialty Store
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Poultry
11.6.2 Aquaculture
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Online Channels
11.10.2 Supermarket/Hypermarket
11.10.3 Specialty Store
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Poultry
12.6.2 Aquaculture
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Online Channels
12.10.2 Supermarket/Hypermarket
12.10.3 Specialty Store
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Poultry
13.6.2 Aquaculture
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Online Channels
13.10.2 Supermarket/Hypermarket
13.10.3 Specialty Store
13.10.4 Others
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 Virginiamycin Market: Competitive Dashboard
14.2 Global Virginiamycin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Phibro Animal Health Corporation
14.3.2 Zoetis
14.3.3 Elanco
14.3.4 Merck Animal Health
14.3.5 Merial
14.3.6 Bayer Animal Health
14.3.7 Virbac
14.3.8 Ceva
14.3.9 Boehringer Ingelheim
14.3.10 Vetoquinol
