Press release
2021-2030 Global Animal Medicine Market - By Top Players, Latest Trends, Demand Analysis and Forecast
Animal Medicine Market
The animal medicine market report describes and explains the global animal medicine market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The animal medicine market consists of sales of veterinary medicines and related services by entities (organizations, sole traders and partnerships) that manufacture veterinary medicines used to treat animal diseases and/or to improve animals’ performance and health. The animal medicine industry includes establishments that manufacture veterinary pharmaceuticals such as veterinary vaccines, veterinary antibiotics, and other veterinary pharmaceuticals, and establishments that manufacture medical feed additives and nutritional feed additives. The animal medicine market is segmented into veterinary pharmaceuticals and feed additives.
The global animal medicine market is expected to grow from $32.7 billion in 2020 to $37.88 billion in 2021 at a compound annual growth rate (CAGR) of 15.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $48.55 billion in 2025 at a CAGR of 6%.
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Some of the major players of the animal medicine market are Zoetis Inc., Boehringer Ingelheim GmbH, Bayer AG., Elanco Animal Health (Eli Lilly and Company), Ceva Santé Animale.
The countries covered in the global animal medicine market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global animal medicine market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global animal medicine market is segmented -
1) By Type: Veterinary Pharmaceuticals, Feed Additives
2) By Type of Animal: Livestock, Companion Animals
3) By End-Use: Veterinary Hospitals, Pharmacies And Drug Stores, Veterinary Clinics
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Few Points From Table Of Content
1.Executive Summary
2.Report Structure
3.Animal Medicine Market Characteristics
4.Animal Medicine Market Product Analysis
5.Animal Medicine Market Supply Chain
.....
21. Key Mergers And Acquisitions In The Commercial Vehicle Market
22. Market Background: Veterinary Healthcare Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
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