Bovine Mastitis Market Growth, Trends & Forecast
• Merck & Co., Inc.
• Boehringer Ingelheim International GmbH
• Bayer AG
• Elanco
• Ceva
• West Way Health
• Norbrook
• DeLaval
• ImmuCell Corporation
• Advanced Animal Diagnostics
• Nimrod Veterinary Products Ltd.
• Other players
By Type
• Clinical Mastitis
• Sub-clinical Mastitis
By Product
• Antibiotics
• Vaccines
• Pain Killers
• Others
By Route of Administration
• Intra-mammary
• Systemic
By Therapy
• Lactating Period
• Dry Period
o Antibiotics
o Teat Sealants
By End User
• Veterinary Centers
• Hospital
• Clinics
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
Growth Drivers:
Enormous Surge in
Dairy Production Across the Globe - Dairy
farming, usually referred to as dairying, is closely related to dairy
production. Breeding, raising, and using dairy animals mainly cows for the
purpose of producing milk and the many dairy products derived from them is the
scope of this agricultural specialty. From now on, the rise in dairy products
has a significant effect on the health and cleanliness of cows, driving the
market's expansion during the projected time. For example, global milk
production in 2020 was close to 907 million tons, up 3% from 2019.
Worldwide Rise in
the Number of Farm Cattle - For
example, it was projected that the number of cattle worldwide would be
approximately 1.5 billion in 2022—a marginal increase from 998 million in 2021.
Globally
Escalating Consumption of Milk- For
example, in 2021, India consumed around 85 million metric tons of cow milk,
making it the world's largest consumer. In contrast, the European Union used 24
million metric tons of milk, the most of any country.
Rising
Count of Veterinary Hospitals and Polyclinics:
For example, in India, there were over 12,070
veterinary hospitals and polyclinics in the fiscal year 2021. In addition,
there were over 67,000 veterinary clinics and a large number of assistance
centers and pharmacies in the nation that year.
Global Rise in
Research and Development Investment: As per
the report of the UNESCO Institute for Statistics, with an average annual
growth rate of 4.7% over the past ten years, global R&D investment has
risen significantly from 2010-2020. Globally, from 1.61% in 2010 to 1.93% in
2020, the percentage of global GDP invested in research and development has
increased exponentially.
Challenges:
Increase in
Antibiotic Resistance Pathogen - The
prolonged use of antibiotics to treat Bovine Mastitis led to a surge in antimicrobial
resistance in the pathogens that cause this infectious disease in cattle.
Subsequently, the increase in multi-resistant strains reduces the effectiveness
of the antibiotics that are associated with the treatment. Thus, this factor is
estimated to hamper the market’s growth during the forecast period.
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