Monensin Market 2020 Global Industry Update, Share, Size, Growth Analysis and Forecast 2026A Story by DiyThe global monensin market is expected to grow at an accelerated pace on account of rising prevalence of coccidiosis.The global monensin market is expected to grow at an accelerated pace on account of rising prevalence of coccidiosis. The above information was provided by Fortune Business Insights in a report, titled “Monensin Market Size”, Share and Global Trend By Animal (Poultry, Cattle), Therapeutic Class (Antibacterial, Antiprotozoal, Antifungal), Application (Coccidiosis Prevention, Growth Promotion, Feed Efficiency Improvement) and Geography Forecast till 2026.” Monensin is an antibiotic used in animal feed to prevent the occurrence of coccidiosis. Monensin is extensively used in beef and dairy industries. It helps to prevent infections in the intestinal mucosa of animals. Highlights of the Report:
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/monensin-market-100321 Key Players Operating in The Monensin Market Include: Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Some of the other acquisitions made by Huvepharma are: Huvepharma announced the acquisition of Neovia’s animal health business from InVivo Group. The acquisition was made in September 2018 with an aim to expand the former’s animal health product stock. Several other initiatives are anticipated to encourage companies’ investment in monensin market. For instance, Canadian Food Inspection Agency suggested changes and revised the Monensin-medicating ingredient brochure in March 2019. This ingredient will be used for poultry animals to prevent them any upcoming infections. Recent Mergers and Acquisitions (M&A) Among Companies to Aid Expansion Huvepharma announced the acquisition of CORID trademark from Merial, Inc. in April 2017. The company uses CORID as an additional nutrient to the cattle, helping them to avoid the risk of coccidial infection. This addition will further strengthen the company’s product portfolio. Other companies are also planning to involve in M&A activities in order to help cattle better and at the right time. Segmentation of the Global Monensin Market By Animal
By Therapeutic Class
By Application
By Geography
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