Global Aquaculture Pharmaceuticals Market to Keep On Growing to 2023, Expects PBI in Its New Report Recently Uploaded at MarketPublishers.com15 Dec 2017 • by Natalie Aster
LONDON – Pharmaceuticals play an essential role in the aquaculture industry, they are used to prevent and also treat aquatic animals from different microbial infections. Companies active in the aquaculture sector are investing heavily in R&D to develop new drugs and treatment options.
The world’s aquaculture pharmaceuticals market is forecast to continue expanding at a healthy double-digit rate, propelled by the stable increase in farmed fish production and also growth in the overall aquaculture production. However, the aquaculture sector suffers from various microbial outbreaks; the lack of drugs and vaccines to new diseases will likely restrain the aquaculture pharmaceuticals market.
At present, the APAC region holds the biggest chunk of the worldwide aquaculture pharmaceuticals market, this is majorly attributed to the remarkable uptake in the aquaculture production in this region. China is the top contributor to the APAC aquaculture pharmaceuticals market; the country accounts for a share of appr. 70% of the APAC aquaculture production.
New research report “Aquaculture Pharmaceuticals Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023” drawn up by Precision Business Insights (PBI) offers an extensive study of the global aquaculture pharmaceuticals market performance, landscape and dynamics. It uncovers important historical and present market data, reviews the main forces influencing the market development, talks about the prevailing trends and also pinpoints the top emerging opportunities and threats. Besides, this publication includes a detailed market segmentation analysis, an in-depth overview of the competitive scene, comprehensive profiles of the leading companies engaged in the aquaculture pharmaceuticals industry, etc. The report sheds light on the key developments and current situation across the key regional and country markets, and also provides future forecasts for the aquaculture pharmaceuticals market up to 2023.
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