Press release
Animal Healthcare Market: Increasing Foodborne and Zoonotic Diseases and Rising Trend of Pet adoption are fuelling the Growth | Bayer AG, Boehringer Ingelheim GmbH, Ceva Santé Animale
This report has broadly segmented the Animal Healthcare market on the basis of product type, animal type and region. Based on product type, the global Animal Healthcare market has been segmented into Feed Additives, Pharmaceuticals and Vaccines.
Feed Additives is the Most Lucrative Segment
Feed Additives segment is estimated to dominate the animal healthcare market by product type with 45% value share of the market by 2017 end. Feed additive segment is expected to reach US$ 25,386.9 Mn by 2027 end and will also grow with the fastest CAGR of 4.6% over the forecast period.
Production Animals Segment Accounts for Higher Demand
Among the animal type segments, the Production Animal segment is expected to dominate the animal healthcare market with 61.8% value share in 2017. Production Animal segment is expected to reach a market value of US$ 35,041.9 Mn by 2027 end and will grow at a CAGR of 4.7% over the forecast period.
A Sample of this Report is Available upon Request @ https://www.futuremarketinsights.com/reports/sample/REP-GB-431
North America will Continue to Grow at an Exponential Rate
FMI has analysed the Animal Healthcare market in seven major regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). North America will dominate the market value share for Animal Healthcare and is expected to reach US$ 18,186.4 Mn by 2027 end. The Western Europe market is expected to be the second largest market followed by APEJ. North America and Europe collectively constitute more than 60% of market share over the forecast period. Japan is anticipated to be least attractive region for animal healthcare market owing to less adoption of pets.
Key Insights on the Animal Healthcare Market
Demand for animal feed additives and vaccines is increasing in the factory farming industry, due to increasing need for milk, meat and egg production, which in turn is driving the growth of the global animal healthcare market.
Growing incidences of foot & mouth disease, various flus and zoonotic diseases are affecting the production of farmed animals worldwide. This in turn translates into heavy losses for farm owners and companies.
Increasing adoption of pets and growing humanisation of pets in developing and developed countries is driving demand for various drugs & vaccines in the companion animal segment
Over the last decade, various independent entities have emerged as standalone animal healthcare companies to fulfil the ever-increasing demand for feed additives, veterinary drugs and vaccines
Leading manufacturers are focussing on setting up manufacturing facilities in emerging markets to increase the chances of product movement, as there would be no import-export glitches
Read Comprehensive Overview with Methodology of Report @ https://www.futuremarketinsights.com/askus/rep-gb-431
Animal Healthcare Market: Key Players
Key competitors covered in the Animal Healthcare market report are Bayer AG, Boehringer Ingelheim GmbH, Ceva Santé Animale, Eli Lilly and Company, SeQuent Scientific Ltd., Koninklijke DSM N.V., Sanofi Winthrop Industrie, Cargill, Inc., Merck & Co., Inc., Virbac S.A., Zoetis Inc. Major animal feed additive manufacturers include Cargill Inc. (Provimi), Koninklijke DSM N.V., ADM Alliance Nutrition, and Evonik Industries AG.
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.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 Animal Healthcare Market: Increasing Foodborne and Zoonotic Diseases and Rising Trend of Pet adoption are fuelling the Growth | Bayer AG, Boehringer Ingelheim GmbH, Ceva Santé Animale here
News-ID: 1550543 • Views: …
More Releases from Future Market Insights
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,…
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,…
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,…
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" 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 Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
