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Global Companion Animal Pharmaceuticals Market Report By Animal Type, Indication, Distribution Channels, Industry Size And Key Players Analysis Report 2023-2032 | Elanco Animal Health Incorporated, Boehringer Ingelheim International GmbH, Ceva Santé Anim
Companion Animal Pharmaceuticals Market
Companion Animal Pharmaceuticals Market Size, Growth Rate, And Forecast
The global companion animal pharmaceuticals market size is expected to grow from $13.94 billion in 2022 to $15.12 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The companion animal pharmaceuticals market is expected to reach $20.77 billion in 2027 at a CAGR of 8.3%.
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Companion Animal Pharmaceuticals Market Drivers
The growing prevalence of zoonotic diseases is expected to propel the growth of the companion animal pharmaceuticals market going forward. A zoonotic illness is a disease that can be naturally transferred from vertebrate animals to humans or from people to vertebrate animals. The pharmaceutical industry is embracing modern tactics and strategies that are consistent with one set of health principles in order to combat zoonotic illnesses and lower the likelihood of transmission.
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Companion Animal Pharmaceuticals Market Segments
By Animal Type: Dogs, Cats, Horses, Other Companion Animals
By Indication: Infectious Diseases, Dermatologic Diseases, Pain, Orthopedic Diseases, Behavioral Diseases, Other Indications
By Distribution Channels: Veterinary Hospitals, Veterinary Clinics, Retail Pharmacies
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Companion Animal Pharmaceuticals Market.
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Companion Animal Pharmaceuticals Market Key Players
Major competitors in the Companion Animal Pharmaceuticals Market include Elanco Animal Health Incorporated, Boehringer Ingelheim International GmbH, Ceva Santé Animale, Chanelle Pharma, Eco Animal Health Group plc.
The Business Research Company's "Global Companion Animal Pharmaceuticals Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Companion Animal Pharmaceuticals Market Include:
1. Executive Summary
2. Companion Animal Pharmaceuticals Market Characteristics
3. Companion Animal Pharmaceuticals Market Trends And Strategies
4. Companion Animal Pharmaceuticals Market - Macro Economic Scenario
5. Companion Animal Pharmaceuticals Market Size And Growth
……
26. Africa Companion Animal Pharmaceuticals Market
27. Companion Animal Pharmaceuticals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Companion Animal Pharmaceuticals Market
29. Companion Animal Pharmaceuticals Market Future Outlook and Potential Analysis
30. Appendix
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