Global Colistin Sulphate Market, By Types (Colistin Sulphate API, Colistin Sulphate Premix, Others), Applications (Pig, Chicken, Other), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Colistin Sulphate Market
The colistin sulphate market is expected to witness market growth at a rate of 2.90% in the forecast period of 2022 to 2029 and is expected to reach USD 2.0 billion by 2029. Data Bridge Market Research report on colistin sulphate market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the aviation sector is escalating the growth of colistin sulphate market.
Colistin sulphate is known to be a combination of sulphates of polypeptide antibiotics active against Gram-negative bacteria such as Pseudomonas aeruginosa, Enterobacter aerogenes, Escherichia coli and Klebsiella pneumoniae. Colistin is a last option drug for the treatment of infection caused by
multidrug-resistant Gram-negative bacteria. Several studies have displayed the negative influence of colistin consumption in animals. Colistin has been utilized as an additive in livestock feed for indorsing growth and treating intestinal infections. Other than in human medicine Colistin is broadly utilized as a food additive in animal farming, particularly in swine and poultry.
Major factors that are expected to boost the growth of the colistin sulphate market in the forecast period are colistin has been utilized as an additive in livestock feed for encouraging growth and treating intestinal infections. Furthermore, the colistin use differs by the type of livestock used as animal-based food is further anticipated to propel the growth of the colistin sulphate market. Moreover, the colistin existence in poultry arises during the phase where mild colibacillosis is being treated due to its bioavailability following oral administration is very low as it does not get well absorbed from the gastrointestinal tract which is further estimated to cushion the growth of the colistin sulphate market. On the other hand, Due to the
hostile effects of colistin, many advanced countries have banned its utilization in animal foods which is further projected to impede the growth of the colistin sulphate market in the timeline period.
In addition, the technological developments which is accountable for the growth of resistance in Gram-negative bacteria will further provide potential opportunities for the growth of the colistin sulphate market in the coming years. However, the colistin resistance mechanisms have now been documented in Enterobacteriaceae strains capable of producing carbapenemase, making them resilient to both classes
of drugs and a worldwide health concern which might further challenge the growth of the colistin sulphate market in the near future.
This colistin sulphate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on colistin sulphate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Colistin Sulphate Market Scope and Market Size
The colistin sulphate market is segmented on the basis of types and applications. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of types, the colistin sulphate market is segmented into colistin sulphate API, colistin sulphate premix, others.
- On the basis of application, the colistin sulphate market is segmented into pig, chicken, other.
Colistin Sulphate Market Country Level Analysis
The colistin sulphate market is analysed and market size, volume information is provided by country, types and applications as referenced above.
The countries covered in the colistin sulphate market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the colistin sulphate market due to the increase in the need because of sturdy economic growth in developing economies. Furthermore, the growing living standards will further boost the growth of the colistin sulphate market in the region during the forecast period. North America is projected to observe significant amount of growth in the colistin sulphate market due to the strict regulations regarding meat quality. Moreover, the high obtainability of raw materials is further anticipated to propel the growth of the colistin sulphate market in the region in the coming years.
The country section of the colistin sulphate market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Colistin Sulphate Market Share Analysis
The colistin sulphate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to colistin sulphate market.
Some of the major players operating in the colistin sulphate market are Hebei Shengxue Dacheng Pharmaceutical Tangshan Co., Ltd., APELOA, Livzon, Xellia Pharmaceuticals, Biok Chemical, Lifecome Care, Meiji Holdings Co., Ltd., Shandong Lukang Pharmaceutical Co., Ltd., Fujian Hequan Biological Technology Co., Ltd., Orion Life Science, Saphnix Life Sciences, Fibovil Pharmaceuticals Pvt. Ltd., Lifecare, Inc., Medipol., BioDiscovery., Bionique Pharma and Avience chemicals and pharmaceuticals among others.
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