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Veterinary Pharmaceutical Market Size And Share Forecasts Up To 2031 | Zoetis Inc., Boehringer Ingelheim Gmbh, Merck & Co., Inc., Elanco Animal Health Incorporated
Veterinary Pharmaceuticals Market
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The global veterinary pharmaceuticals market reached a value of nearly $30,862.3 million in 2020, having increased at a compound annual growth rate (CAGR) of 7.4% since 2015. The market is expected to grow from $30,862.3 million in 2020 to $63,786.5 million in 2025 at a rate of 15.6%. The veterinary pharmaceuticals market is then expected to grow at a CAGR of 14.6% from 2025 and reach $125,844.5 million in 2030.
The rise in pet ownership is expected to continue during the forecast period. According to Household, Income and Labour Dynamics in Australia (HILDA) Survey, published in 2020, two-thirds of the Australians have at least one pet which accounted for 62% of surveyed people.
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The veterinary pharmaceuticals market is segmented -
• By Type Of Pharmaceutical: Veterinary Parasiticides, Veterinary Vaccines, Veterinary Antibiotics
• By Animal Type: Livestock And Companion Animal
• By Route Of Administration: Oral And Others
• By End Use Channel: Veterinary Hospitals, Pharmacies And Drug Stores And Veterinary Clinics
• By Type Of Antibiotic: Tetracyclines, Penicillin, Macrolides, Sulphanomides, Aminoglycosides
• By Type Of Vaccine: Live Attenuated Vaccines, Inactivated Vaccines, Recombinant Vaccines
Major competitors in the veterinary pharmaceuticals market include Zoetis Inc., Boehringer Ingelheim GmbH, Merck & Co., Inc., Elanco Animal Health Incorporated, Ceva Santé Animale
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The veterinary pharmaceuticals market consists of sales of veterinary pharmaceuticals by entities (organizations, sole traders, and partnerships) that manufacture veterinary pharmaceuticals (or drugs) used to sedate, treat animal diseases, and/or to improve animals' performance and health. The veterinary pharmaceuticals industry includes establishments that manufacture veterinary pharmaceuticals such as veterinary vaccines, veterinary antibiotics, and other veterinary pharmaceuticals.
The Table Of Content For The Veterinary Pharmaceuticals Market Include:
1. Veterinary Pharmaceuticals Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
16. Global Veterinary Pharmaceuticals Market Sub-Segmentation
17. Veterinary Pharmaceuticals Market, Regional And Country Analysis
18. Asia-Pacific Veterinary Pharmaceuticals Market
19. Western Europe Veterinary Pharmaceuticals Market
The Business Research Company's "Global Veterinary pharmaceuticals Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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