Tiamulin Market Size, Share, Outlook, and Opportunity Analysis, 2019– 2027
Tiamulin Market Report- 2026 Analyses competitive environment such as key players, future trends, growths, challenges and acquisitions in the market.
North America is expected to hold a dominant position in the global Tiamulin Market f over the forecast period, owing to the presence of key players in the region along with several strategic mergers and acquisitions amongst the key players. For instance, in 2015, US-based Eli Lilly and Company acquired Novartis Animal Health Inc. and its product –Denagard (tiamulin hydrogen fumarate) and strengthen the position of Eli Lilly and Company's animal health business arm Elanco US, Inc.
Tiamulin is a pleuromutilin antibiotic drug, which is derived semi-synthetically from natural compound— pleuromutilin—
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According to a report by Federal Statistical Office in 2014, the U.S. was the largest producer of poultry meat with around 18% of the total meat produced worldwide. High production of poultry meat is expected to increase demand for Tiamulin antibiotic drug to treat poultry animals from various infections. This in turn is expected to propel growth of the Tiamulin market in the region over the forecast period.
Furthermore, initiatives by various private and government organizations for spreading awareness for use of antibiotics in pig farms is expected to propel global tiamulin market growth over forecast period. For instance, in 2017, National Pork Board celebrated The U.S. Antibiotic Awareness Week and World Antibiotic Awareness Week with organizations such as the U.S. Centers for Disease Control and Prevention (CDC) for spreading awareness for use of antibiotic drugs in pigs.
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Tiamulin Market: Restraint
Use of Tiamulin results in some side effects, which is expected to be a major factor hindering growth of the Tiamulin market over the forecast period. Tiamulin injection can cause pain in the animals and long-term treatment with Tiamulin results in its resistance in bacteria.
Tiamulin Market: Key Players
Key players operating in the global Tiamulin market include Elanco Inc., Hester Biosciences Limited, Huvepharma AD, Jiangsu SEL Biochem, Shandong Shengli Co Ltd, and others.
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