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Chlortetracycline Market - Size, Share, Trends, and Forecast 2019 - 2027

Chlortetracycline Market - Size, Share, Trends, and Forecast 2019 - 2027<br>

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Chlortetracycline Market - Size, Share, Trends, and Forecast 2019 - 2027

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. CHLORTETRACYCLINE MARKET ANALYSIS Chlortetracycline Market - Size, Share, Trends, and Forecast 2019 – 2027 The global chlortetracycline market size is expected to reach US$ 296 million by 2027, and register a CAGR of 13.1% over the forecast period (2019 - 2027).

  3. Market Overview Chlortetracycline belongs to the tetracycline class. It is isolated from S.aureofaciens and used as an antiprotozoal and antibacterial drug. Appearance wise, chlortetracycline has the texture of a fine yellowish powder, which is produced through the process of fermentation. Chlortetracycline is sold commercially under the trade name 'Aureomycin', and has major application as an antibiotic for treating cattle, livestock, and poultry. It is used for treating and curbing health issues in animals, such as infections in sheep, cattle, pigs, as well as infections in the respiratory tracts of chickens, pigs, and calves.

  4. Market Dynamics Rising occurrence of infections in animals and increasing demand for animal products is expected to drive demand for antibiotics for treating animal diseases. Moreover, demand for food is also growing in the animal husbandry and poultry sectors which is also estimated to play a role in the growth of the global Chlortetracycline market over the forecast period.

  5. Market Outlook In terms of market share, the Asia Pacific region is expected to account for the largest share, and projected to grow steadily over the forecast period. Growing presence of key players in the region, combined with a rise in demand for antibiotics in the poultry industry of emerging economies such as India and China will contribute to the growing demand for animal feed in the region. The number of pet owners, and livestock in major economies in the region is expected to expand over the forecast period, which in turn will benefit the overall growth of the chlortetracycline market. 

  6. Key Players Some of the prominent players in the global chlortetracycline market include Hebei New Century Pharmaceutical Co., Ltd., Zoetis Inc., Weifang Union Biochemistry Co., Ltd., Qingdao Dacon Trading Co., Ltd., and Jiaxing Suns Intl Trade Co., Ltd. among others.

  7. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/ongoing-insight/chlortetracycline-market-2838

  8. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

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