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Asia-Pacific Animal Health Market to Witness Huge Growth by Key Players: Boehringer Ingelheim, Elanco Animal Health, Zoetis Inc, Virbac

06-03-2022 02:24 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Global Asia-Pacific Animal Health Market 2021-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The APAC animal health market is projected to reach a value of USD 22.1 billion by 2025 from USD 15.6 billion in 2020, at a CAGR of 7.2% during the forecast period.

The report provides a comprehensive analysis of company profiles listed below:
• Boehringer Ingelheim
• Elanco Animal Health
• Merck Animal Health
• Zoetis Inc
• Virbac
• Vetoquinol S.A.
• Phibro Animal Health
• Ceva Santé Animale
• Dechra Pharmaceuticals Plc
• Kyoritsu Seiyako

"Increasing livestock population to drive the growth of feed additives"
Based on product, the APAC animal health market is segmented into parasiticides, antimicrobials and antibiotics, vaccines, feed additives/nutritional products, growth promoters, and other pharmaceuticals. In 2019, feed additives accounted for the largest share of the APAC animal health market. The largest share of this segment can primarily be attributed to the widespread popularity of these products among veterinarians and their increased adoption among livestock producers.

"Rising demand of animal derived food products to increase the growth of livestock animal market "
Based on animal, the APAC animal health market is categorized into food-producing animals and companion animals. The larger share of this segment is due to the increasing livestock population and rising demand for animal-derived food products.

"Rising population of livectock animals to drive the growth of animal farms market"
Based on end-user, the market has been classified into veterinary hospitals & clinics, animal farms, and homecare. In 2019, the animal farms segment accounted for the largest market share of the APAC animal health market. This is because of the large population of livestock in emerging Asia Pacific countries, growing demand for animal-derived food products, and rising incidences of zoonotic diseases.

"China dominated the APAC animal health market in 2019"
The APAC animal health market has been segmented into five countries-Japan, China, India, Australia and Rest of Asia Pacific. In 2019, China accounted for the largest share of the market. The rising animal health awareness programmes, increasing companion animals and growing demand of animal derived food products are driving the growth of the APAC animal health market.

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Competitive Landscape of Asia-Pacific Animal Health Market:
1 Introduction
2 Market Evaluation Framework
3 Product Portfolio Matrix
3.1 Parasiticides
3.2 Vaccines
3.3 Antibiotics & Antimicrobials
3.4 Feed Additives & Nutritional Products
3.5 Growth Promoters
4 Apac Animal Health Market: Geographical Assessment
5 Apac Animal Health Market: R&D Expenditure
6 Revenue Analysis Of Key Market Players
7 Vendor Dive
7.1 Stars
7.2 Emerging Leaders
7.3 Pervasive
7.4 Emerging Companies
8 Market Share Analysis
9 Competitive Situations And Trends
9.1 Product Launches And Enhancements
9.2 Partnerships, Agreements, And Collaborations
9.3 Mergers & Acquisitions And Divestitures
9.4 Expansions

Research Coverage:
The report analyses the APAC animal health market and aims at estimating the market size and future growth potential of various market segments based on products, animal type, and end-user. The report also provides a competitive analysis of the key players operating in this market, along with their company profiles, product offerings, recent developments, and key market strategies.

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