openPR Logo
Press release

Global Veterinary Biologics Market Is Expected To Reach US$ 29,706.9 Mn by 2026

01-31-2019 09:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: credenceresearch

Global Veterinary Biologics Market Is Expected To Reach US$

The latest market report published by Credence Research, Inc. “Global Veterinary Biologics Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global veterinary biologics market was valued at US$ 17,704.7 Mn in 2017, and is expected to reach US$ 29,706.9 Mn by 2026, expanding at a CAGR of 6.0% from 2018 to 2026.

Browse the full report Veterinary Biologics Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/veterinary-biologics-market

Market Insights:

As pert the latest research findings provided by United Nations Department of Economic and Social Affairs, the current global population is 7.7 billion with insufficient food supply to provide nourishment to the entire population. Government agencies worldwide are focusing on sustainable development ensuring total food security and promoting animal health. Rising consumption of proteins and increasing public animal health awareness drive the veterinary biologics market. Dearth of skilled workforce and higher cost associated with storage of veterinary vaccines and diagnostic kits hamper the veterinary biologics market growth.

Vaccines are reigning the product segment for veterinary biologics market. Impending global threat of veterinary diseases such as bird flu, swine flu, rabies, contagious bovine pleuropneumonia etc., drive the veterinary vaccines market growth. Technological innovation in molecular biology has resulted in blockbuster sale of veterinary diagnostic kits resulting in early disease diagnosis and treatment. Nutritional and hormonal supplement will be the fastest growing market in the product segment on account of increasing demand for animal derived protein consumption and rampant growth in animal husbandry segment worldwide.

In the present scenario production animal are leading the animal type segment for veterinary biologics market. Proactive government policies ensuring total food security and improving livestock healthcare drive the production animal market growth. Rampant growth in dairy industry further consolidate the production animal market growth. Companion animals will register significant growth in the near future owing to significant growth in pet adoption and compulsory immunization of pet animals.

North America is the largest regional segment in the veterinary biologics market accounting for a market share of 40%. Existence of well-developed agrobased and animal husbandry department and domicile of key players such as IDEXX Laboratories, Inc., Virbac, Inc., and Zoetis drive the veterinary biologics market growth in North America region. Europe represents 31% market share owing to rampant growth in meat and dairy industry and stringent government policies for effective vaccination of companion animals. Asia Pacific holds 17% market share and will be the fastest growing regional segment during the forecast period on account of rising prevalence of zoonotic disease and proactive government policies to financially support animal healthcare department.

Biopharmaceutical companies actively participating in veterinary biologics market are Boehringer Ingelheim Animal Health GmbH, Ceva Sante Animale, Evonik Industries AG, Heska Corporation, Intervet, Inc., INDICAL Bioscience, IDEXX Laboratories, Inc., Virbac, Inc., VCA, Inc. and Zoetis.

Key Market Movements:

Rising prevalence of veterinary diseases and proactive government policies securing total food security and improving livestock healthcare
Significant growth in pet adoption and stringent government norms ensuring mandatory vaccination of pet animals
Technological revolution in molecular biology producing effective diagnostic kits, vaccines and animal feed related to veterinary health science

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared for this task.

Contact Us:
Credence Research Inc.
105 N 1st ST #429
SAN JOSE
CA 95103
United States
Toll Free (US/Canada): +1-800-361-8290

Web: https://www.credenceresearch.com

Our Blog : http://www.newsnreport.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Veterinary Biologics Market Is Expected To Reach US$ 29,706.9 Mn by 2026 here

News-ID: 1543352 • Views:

More Releases from credenceresearch

Global Knee Implants Market To Reach Worth USD 13.5 Bn By 2025
Global Knee Implants Market To Reach Worth USD 13.5 Bn By 2025
According to the latest report published by Credence Research, Inc. “Knee Implants Market – (Procedure Type – Total Knee Replacement, Partial Knee Replacement and Revision Knee Replacement; Material Type – Stainless Steel, Cobalt-chromium alloys, Titanium and titanium alloys, Polyethylene, Ceramics and Others); Market Growth, Future Prospects and Competitive Analysis, 2017-2025” the market was valued at USD 9.0 Bn in 2015, and is expected to reach USD 13.5 Bn by 2025,
Food And Beverages Nano-Enabled Packaging Market 2026 : Focus on Industry, Growth, Size, Share, Dynamic Research Analysis, Trend, Forecast
Food And Beverages Nano-Enabled Packaging Market 2026 : Focus on Industry, Growt …
Food And Beverages Nano-Enabled Packaging– Global Market Size, Analysis, Share, Trends, Growth and Forecast to 2026 is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Food And Beverages Nano-Enabled Packaging: definitions, classifications, applications and market overview; product

More Releases for Veterinary

Veterinary Telehealth Market - Telehealth for Pets: Revolutionizing Veterinary C …
Newark, New Castle, USA: The "Veterinary Telehealth Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors. Veterinary Telehealth Market: https://www.growthplusreports.com/report/veterinary-telehealth-market/8842 This latest report researches the industry structure, sales, revenue,
Veterinary Services Market Set for More Growth : National Veterinary Care, Green …
Advance Market Analytics published a new research publication on "Veterinary Services Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Services market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Veterinary Clinics Services Market: VIP Petcare, PetVet, Petco, Aiken, SC, Pol V …
Veterinary Clinics Services Market research report provides the best answers to many of the critical business questions and challenges. Furthermore, the data facts and figures gathered to produce this market report are obtained from trustworthy sources like journals, websites, mergers & newspapers, and other authentic sources. In addition, the Veterinary Clinics Services Market research report also includes comparative pricing between major players, profit, and cost of the specified market regions. Click
Veterinary Clinics Services Market 2020 Strategic Assessments – Pol Veterinary …
Veterinary Clinics Services Market research report provides an actual industry viewpoint, future trends, and dynamics for market growth rate, market size, trading and key players of the industry with a forecast period of 2025. This comprehensive research report is titled Veterinary Clinics Services Market with Industry Analysis and Opportunity Assessment and it comprises a whole market scenario along with the dynamics affecting it. Top leading Companies of Global Veterinary Clinics Services
Veterinary Orthopedic Treatment Market 2019|Top Companies Overview- Adobe Animal …
Animals commonly suffer from different orthopedic conditions that result in abnormal movement, instability, lameness, and others. Orthopedic conditions such as hip dysplasia, elbow dysplasia, patella luxation, and others require a surgical procedure for the treatment of the condition. The treatment involves the administration of drugs along with the use of devices during the surgical procedure. Get Sample Copy of this Report @ https://www.orianresearch.com/request-sample/1249094 global veterinary orthopedic treatment market is primarily segmented based
Veterinary Ventilators Market 2019 | Worldwide Market Outlook 2025 | Major Manuf …
As per the latest research study published by Up Market Research, “Global Veterinary Ventilators Market” is estimated to grow at a healthy CAGR % in the coming years. The research report showcases qualitative and quantitative estimations by the industry analysts. The report documents first-hand data, post verification from the industry experts along with each industry manufacturers by the market valuation. Veterinary Ventilators Market report also gives an extensive analysis of