Tylosin Market Analysis | CMI

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TYLOSIN MARKET ANALYSIS

• Tylosin Market, by Drug Type (Tylosin Phosphate,
  Tylosin Tartrate, and Others), by Application
  (Felines, Canines, and Livestock), by Route of
  Administration (Oral and Injectable), and by
  Region (North America, Latin America, Europe,
  Asia Pacific, Middle East, and Africa) - Size,
  Share, Trends, and Forecast to 2026
• The global Tylosin market size was valued at US
  379.0 million in 2017, and is expected to witness
  a CAGR of 1.2 over the forecast period (2018
  2026).

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Market Drivers

• Continuous demand for tylosin in livestock
  industry is expected to propel growth of the
  global Tylosin Market over the forecast period
• Antimicrobial medications are generally used in
  the livestock industry for treatment of various
  infections in the livestock, prevention of
  disease, and to improve growth rate of the
  animals efficiency. Moreover, antimicrobial
  medications have been found to be effective in
  animals for improving growth rate and increasing
  weight more efficiently, which in turn results in
  increasing profits for the meat producers.
• According to National Center for Biotechnology
  Information (NCBI), 2015, around 80 of
  antibiotics sold in the U.S. are for animal
  agriculture and almost 70 of these are medically
  important (i.e. from classes important to human
  medicine). Moreover, according to NCBI, the
  antimicrobial consumption in livestock is
  expected to increase by 67 by 2030, and nearly
  double in Brazil, Russia, India, China, and South
  Africa. These factors are expected to boost the
  global Tylosin market growth over the forecast
  period.
• Rising income levels and disposable income in
  emerging economies such as Asia-Pacific has
  caused increase in demand for healthy protein
  sources for consumption as daily protein need of
  the body is not met through conventional food
  sources. According to NCBI, 2015, in Asia, the
  daily animal protein intake increased from 7
  grams per capita per day to 25 grams per capita
  per day between 1960, and 2013. Countries such as
  Brazil, Russia, India, China, and South Africa
  (BRICS) have started implementing intensive
  livestock production systems to meet this demand
  (which necessitates use of antimicrobials). These
  factors are expected to support growth of the
  global Tylosin market over the forecast period.

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Figure 1. Global Tylosin Market Share (), by
Region, 2017
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• Increasing demand for healthy livestock is
  expected to support growth of global Tylosin
  market over the forecast period
• The demand for livestock animals for consumption
  is on the rise worldwide and is expected to
  maintain the positive growth in demand over the
  forecast period. Subsequently, the demand for
  infection-free and healthy livestock used
  primarily for consumption is increasing. However,
  the prevalence of various microbial infections is
  high in both humans and animals. For instance,
  according to the Centers for Disease Control and
  Prevention (CDC), 2017, zoonotic diseases are
  common in the U.S. and worldwide and over 6 out
  of every 10 known infectious diseases in humans
  are spread from animals. Hence, antibiotics are
  an important medication for livestock that aide
  in providing healthy food products for
  consumption in humans.
• Moreover, antibiotics such as Tylosin are used in
  various animal species for prevention of
  mycoplasmosis. For instance, animals such as
  chickens, turkeys, pigs, and calves require oral
  Tylosin to be administered in required dosage to
  prevent mycoplasmosis and to grow healthy
  livestock. Furthermore, livestock is a major
  source of income in several of the emerging
  economies such as Brazil, which is major factor
  expected to contribute in growth of the market in
  the region over the forecast period.

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Market Restraint

• However, increasing antimicrobial resistance in
  livestock is expected to restrain growth of the
  global Tylosin market over the forecast period.
  For instance, in 2013, University of California,
  San Francisco (UCSF) Academic Senate passed a
  resolution to restrict purchase of meat raised
  with nontherapeutic antibiotics.

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Key Players

• Key players operating in the global Tylosin
  market include Zoetis, Tairui Pharmaceuticals,
  Lukang Pharmaceutical, Henan Hualun, Qilu
  Pharmaceutical (Inner Mongolia) Co., Ltd,
  Huvepharma, AdvaCare Pharma, and Elanco Animal
  Health.

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