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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.