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Equine Supplement Products Market Overview, Growth, Opportunities and Development till 2028
Equine Supplement Products Market
The equine supplement products market is expected to reach US$ 1,15,932.42 thousand in 2028 from US$ 89,436.31 thousand in 2021. The market is estimated to grow with a CAGR of 3.8% from 2021 to 2028. Key factors that are driving growth of the market are benefits offered by equine supplement products and increase in prevalence of diseases in equines. However, adverse effects exhibited by improper consumption of equine supplements are likely to hinder the market growth.
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The Prominent/Emerging Players in the Equine Supplement Products Market includes:
> Boehringer Ingelheim International GmbH
> EQUINE PRODUCTS UK LTD.
> Kentucky Equine Research
> Lallemand, Inc.
> Plusvital Limited
> Purina Animal Nutrition LLC.
> Vetoquinol SA
> Virbac
> Zoetis Inc.
> Cargill, Incorporated
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Equine Supplement Products Market Segment Analysis:
Based on supplements, the equine supplement products market is segmented into electrolytes/minerals, vitamins, proteins/amino acids, and enzymes. In 2021, the electrolytes/minerals by supplement segment accounted for the highest share of the market. Growth of this segment is attributed to demand for herbal equine supplements, increase in incidence of equine diseases, and surge in government initiatives. The same segment is estimated to register higher CAGR during the forecast period.
Major highlights of the report:
> All-inclusive evaluation of the parent market
> Evolution of significant market aspects
> Industry-wide investigation of market segments
> Assessment of market value and volume in past, present, and forecast years
> Evaluation of market share
> Tactical approaches of market leaders
> Lucrative strategies to help companies strengthen their position in the market.
Equine Supplement Products Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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