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Animal Health Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Elanco Animal Health Incorporated, Merck Animal Health, Zoetis Inc., Boehringer Ingelheim International GmbH, Ceva Sante Animale
Animal Health Market
Animal Health Market Size, Growth Rate, And Forecast
The global animal health market size is expected to grow from $46.95 billion in 2022 to $50.99 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. 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 global animal health market size is expected to reach $70.17 billion in 2027 at a CAGR of 8.31%.
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Animal Health Market Drivers
The increasing prevalence of zoonotic diseases will support the growth of the animal health market going forward. Zoonotic diseases can be defined as infectious diseases that can be transmitted between different animal species to humans or from humans to animals. Monitoring and safeguarding animal health using different methods helps in controlling zoonosis and can help in protecting public health.
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Animal Health Market Segments
• By Product: Vaccines, Pharmaceuticals, Medicinal Feed Additives, Diagnostics, Equipment And Disposables, Other Products
• By Animal Type: Commercial, Companion
• By Route Of Administration: Oral, Parenteral, Topical
• By End-User: Veterinary Hospitals And Clinics, Animal Care And Rehabilitation Centers, Diagnostic Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Animal Health market.
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Animal Health Market Key Players
Major competitors in the Animal Health market include Elanco Animal Health Incorporated, Merck Animal Health, Zoetis Inc., Boehringer Ingelheim International GmbH, Ceva Sante Animale, Heska Corporation, Vetoquinol SA, Virbac, Bayer AG, Novartis , Biogenesis Bago
The Business Research Company's "Global Animal Health 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 Animal Health Market Include:
1. Executive Summary
2. Animal Health Market Characteristics
3. Animal Health Market Trends And Strategies
4. Animal Health Market - Macro Economic Scenario
5. Animal Health Market Size And Growth
………
27. Animal Health Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Animal Health Market
29. Animal Health Market Future Outlook and Potential Analysis
30. Appendix
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