A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Zinc
Bacitracin
Market. The
study, titled “Zinc
Bacitracin Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Zinc
bacitracin is a mixture of high-molecular-weight polypeptides
(bacitracin A, B, C, and several minor components). Zinc bacitracin
occurs as a yellowish gray-brown to brown powder. It has
characteristic odor. It is freely soluble in dilute hydrochloric
acid, water, pyridine, and methol. Bacitracin has antibacterial
effect on Gram-negative bacteria, actinomycetes, and leptospirae, and
strong antibacterial effect on Gram-positive bacteria. It has
growth-promoting effect on chickens (including broilers), pigs, and
cattle.
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Based
on product type, the zinc bacitracin market can be segmented into
light brown and tan. The light brown segment accounted for a
significant share of the zinc bacitracin market in 2015. The growing
animal feed sector is expected to boost the demand for zinc
bacitracin in the near future. The increasing demand for poultry
farming, pig farming, and calf farming has fueled the demand for
animal feed. This, in turn, has augmented the zinc bacitracin market.
Promotional efforts taken by governments to encourage animal farming
are likely to fuel the demand for animal feed. This, in turn, is
estimated to propel the demand for zinc bacitracin during the
forecast period.
Based
on application type, the zinc bacitracin market has been segmented
into poultry, pigs, and calves. In 2015, the poultry segment
accounted for a significant share of the zinc bacitracin market, due
to the increasing number of poultry farms. The increasing demand for
milk has driven the demand for calve farming. This, in turn, has
boosted the demand for zinc bacitracin. In terms of region, the
global zinc bacitracin market has been segmented into Asia Pacific,
North America, Europe, Middle East & Africa, and Latin America.
Asia Pacific dominated the global zinc bacitracin market in 2015,
followed by Europe and North America.
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Asia
Pacific is expected to dominate the global market during the forecast
period, due to increase in demand for feeds from developing economies
in the region such as China, India, and Japan. Growth of the agro
industry in Asia Pacific is anticipated to augment the demand for
zinc bacitracin in the region during the forecast period. The market
in Asia Pacific is likely to expand also due to growth of the feed
industry in the region. The zinc bacitracin market in Asia Pacific is
projected to witness rapid growth during the forecast period, due to
efforts from local governments to promote the agro industry in the
region. The market in Latin America is also anticipated to expand
substantially during the forecast period. France held a significant
share of the zinc bacitracin market in Europe in 2015. The country is
projected to dominate the market in the region in the near future.
Demand
for zinc bacitracin is anticipated to rise significantly all over the
world in the near future, thereby offering high growth opportunities
for the global market. Rapid increase in demand from end-use
applications, competitive manufacturing costs, and high economic
growth rate are propelling the zinc bacitracin market in Asia
Pacific. These factors are prompting companies to adopt expansion and
R&D strategies in the region. Companies are focusing on Asia
Pacific to gain higher market share. Producers of zinc bacitracin
have been compelled to adopt expansion and acquisition strategies to
meet the rise in global demand. A large number of producers are
shifting their plants to countries such as China and India, due to
factors such as high demand and low costs of raw material and labor
in these countries.
Major
players operating in the global zinc bacitracin market include Akorn
Pharmaceuticals, Perrigo, Pfizer, Shenzhou Animal Medicine, Youhua
Pharmaceutical, and Lifecome Biochemistry.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
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