Animal Healthcare Market Analysis Focusing on Top Key Players Zoetis, Merck, Elanco, Bayer, Boehringer Ingelheim, Virbac, Phirbo Animal Health, Ceva Sante Animale, and Vetoquinol
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Animal Healthcare Market size to exceed USD 36 billion by 2024, as per a new research report. Increasing prevalence of animal diseases coupled with growing adoption of pet animals should drive the global animal healthcare market size. Rising disposable income of pet owners especially in developed regions will enable them to spend on pet healthcare leading to exponential animal healthcare market growth.
Increasing demand for animal source protein and animal healthcare products will escalate over the forecast years. With global population expanding at an alarming rate, the demand for animal source protein and animal healthcare products will only increase, resulting to more animal farming over the forecast timeframe.
Animal parasiticides should witness high growth over the coming years owing to rising awareness about parasites and their ill-effects on animal and human health. Increasing use of parasiticides in growing number of farm and companion animals should drive the business growth.
France animal healthcare market held largest regional share in 2016. Increasing demand for anti-infectives and endoparacitisides for prevention of zoonotic diseases should stimulate business growth. Growing use of animal derived pharmaceutical proteins will spur industry growth.
Medicated feed additives should witness robust growth over the forecast years. Amino acids will hold the largest revenue share and is expected to remain the most popular medical feed additive owing to its ability to increase meat production.
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Some of the leading industry players include Zoetis, Merck, Elanco, Bayer, Boehringer Ingelheim, Virbac, Phirbo Animal Health, Ceva Sante Animale, and Vetoquinol. Merger and acquisition, new product development and geographical expansion are some of the strategies adopted by industry participants to gain market share.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Animal Healthcare Industry Insights
Chapter 4. Animal healthcare Market, By Pharmaceuticals
Chapter 5. Animal healthcare Market, By Vaccines
Chapter 6. Animal healthcare Market, By Medical Feed Additives
Chapter 7. Animal Healthcare Market, By Animal Type
Chapter 8. Animal healthcare Market, By Region
Chapter 9. Company Profiles
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Animal Parasiticides Market Share & Forecast, 2017 – 2024
Animal Parasiticides Market is set to reach USD 6.5 billion by 2024.Rising incidences of zoonotic diseases coupled with increasing industrial animal farming will serve as high impact rendering factors for the global animal parasiticides market.
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