Equine Pharmaceuticals and Supplements Market to Witness Mounting Growth in Approaching Time

The Equine Pharmaceuticals and Supplements Market report published by Stratview Research offers wide-ranging analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape, etc. This detailed study is a useful source of information for prominent market players, new entrants, investors, and stakeholders to gain a thorough understanding of the market and determine measures to be taken to gain a competitive advantage.

Some key takeaways from this report –
The report offers key drivers that trigger the growth in the Equine Pharmaceuticals and Supplements Market. The insights mentioned in this report helps market players in formulating strategies to gain market presence or to sustain during the hard times. The research also mentions restraints of the market. Critical data on growth opportunities, current and upcoming trends are mentioned to assist market players in taking further steps by determining the potential in untapped regions.

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The research offers segment wise analysis of the Equine Pharmaceuticals and Supplements Market. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables, graphs, pie charts and more.

Type Trends
By type, the equine pharmaceuticals and supplements market has been segmented into pharmaceuticals and supplements.
• Under these, the pharmaceuticals segment held a substantial market share in 2020 and is likely to register the fastest CAGR in the coming years.
• This is mainly attributed to the growing demand for pharmaceuticals for curing illnesses and for healing the diseases so that the horses are in good shape for the races, thus promulgates the segment growth.

Regional Trends
By region, the Asia Pacific market garnered a significant market share in 2020 and is projected to grow at a healthy CAGR during the assessment period.
This is mainly attributed to the development of horseracing and other horse-related activities in countries such as China, Australia, and New Zealand. Also, increasing horse rearing in this region coupled with rising betting activities, further augments the regional growth.

Key Players
The following are the key players in the Equine Pharmaceuticals and Supplements Market-
• Zoetis (The US),
• Boehringer Ingelheim (Germany),
• Merck & Co (The US),
• Elanco Bayer (The US),
• Ceva Sante Animale (France),
• Virbac (France),
• Vetoquinol (France),
• Affymetrix (The US), and
• Celltrion (South Korea).

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