Press release
Animal Biotechnology Market Size, Share, Global Trends, Major Key Players and Geographical Forecast Till 2027
The rising prevalence of animal diseases is perpetually contributing growth to the global animal biotechnology market size says Fortune Business Insights in a report, titled "Animal Biotechnology Market Size, Share and Global Trend By Animal (Livestock , Companion), By Type of Product (Drugs, Vaccinations, Diagnostic Tests, Genetic & Reproductive Products , Others), By Application (Diagnosis of Animal Diseases, Treatment of Animal Diseases, Preventive Care of Animals, Development of Animal Pharmaceuticals), and Geography Forecast till 2026." Increasing demand for animal meat and animal based-products is driving the animal biotechnology market.The report includes thorough compilation of the quantitative analysis of the industry for the period of 12 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period. This study includes a widespread analysis of the key segments of the industry. This analysis sheds light in the current trends and opportunities in the Animal Biotechnology Market.
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Key Points of the Animal Biotechnology Market Report:
The report provides a basic overview of the industry including its definition, applications, and manufacturing technology.
The report also explores the major international players in detail. In this part, the report presents the company profile, product specifications, capacity, and production value along with the market shares for each company.
Through the statistical analysis, the study depicts the global market including capacity, production, production value, cost/profit, and supply/demand from an international perspective.
Considering segmentation, the market is divided in terms of product, end-use, company, region, and other important aspects. Each of these categories forms an important base point for the competitive landscape analysis.
The report then estimates the market development and trends of the Animal Biotechnology Market.
North America Leads the Global Market
Geographically, the global animal biotechnological market is segmented into North America, Europe, Asia-pacific, Latin America and Middle East & Africa. North America is dominating the global animal biotechnology market owing to increasing cases of animal diseases especially infectious and zoonotic along with rising pet adoption rates. Rising animal healthcare expenditure, increasing pool of veterinarians and increasing research &development activities by pharmaceutical companies are also propelling growth in the region. Asia Pacific is predicted to exhibit high growth rate during the forecast period due to increasing cases of animal disorders and large livestock animal pool. The growing awareness of animal welfare and introduction of government initiatives are also predicted to contribute positively to the animal biotechnology market in the region.
Top manufactures of Animal Biotechnology Market are:
Zoetis
Boehringer Ingelheim International GmbH
Bayer AG
Intervet Inc
Sanofi
Santa Cruz Biotechnology
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Segmentation of the Global Animal Biotechnology Market
By Animal
Livestock
Bovine
Porcine
Ovine
Poultry
Others
Companion
Canine
Feline
Equine
Aquatic
Avian
Others
By Type of Product
Drugs
Vaccinations
Diagnostic Tests
Genetic & Reproductive Products
Others
By Application
Diagnosis of Animal Diseases
Treatment of Animal Diseases
Preventive Care of Animals
Development of Animal Pharmaceuticals
Food Safety & Drug Development
Others
By Geography
North America (USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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