The market expansion is expected to be 4.6% in the coming years.
Lahti, Finland (PRWEB) September 09, 2012
Global demand for antibiotics is forecast to reach 34.1 billion euros in 2016. The market has been expanding with an average annual growth of 6.6% between 2005 and 2011. The market expansion is expected to slow to 4.6% in the coming years. Currently, the industry is dominated by product group other antibiotics (includes e.g. aminoglycoside antibiotics) which covers 79% of the demand while penicillins has 8%, erythromycin 7%, tetracyclines 4%, chloramphenicol 1% and streptomycins 1% share of the market.
The actual market situation, trends and future outlook of the global antibiotics markets as well as the markets in different countries can be found in recent market studies published by a leading international market research company, Global Research & Data Services. The new reports provide essential market information for decision-makers including:
- Overall market value for antibiotics
- Overall market volume for antibiotics
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- Product prices
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- Country overview, macroeconomic indicators and indicators for doing business
These market studies answer such important questions such as:
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