Pet Pharmaceuticals Market Size, industry news and regional Analysis And Research Report to 2029 with -  Zoetis, Boehringer Ingelheim, Merck, Elanco

Analysts' Viewpoint on Pet Pharmaceuticals Market Scenario

The global Pet Pharmaceuticals market size stood at roughly $40.07 billion in 2021, and it is set to reach $72.74 billion by 2029, growing at a CAGR of 6.9% during 2023-2029. The major factors credited for the rising demand for veterinary drugs are the increasing consumption of meat and milk products, booming pet adoption trend, and growing incidence of zoonotic diseases.

The latest global Pet Pharmaceuticals Market report provides conclusive information about the industry overview, modern trends, demand, and recent development affecting the market growth during the upcoming year. Report also covers the new business development, price, revenue, gross margin, market size, share, potential growth, and upcoming strategy followed by leading players. The research report provides insight into main drivers, challenges, opportunities and risk of the market. Key players are profiled as well with their market shares in the Market discussed. Overall, this report covers the historical situation, present status and the future prospects. The Pet Pharmaceuticals industry research report encompasses research methodologies, and porter's five forces analysis, product scope, CAGR status.

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**In case you need any specific business requirements, you can mention the same. We can customize the report based on the exact needs of the client**.

Our Sample Report Includes:

- 2023 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 150 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- Pet Pharmaceuticals Market Research methodology

Top Companies Covered in This Report:

Zoetis, Boehringer Ingelheim, Merck, Elanco, Virbac, Dechra Veterinary Products, Ceva, Vetoquinol, Ouro Fino Saude, Norbrook, Jindun, Chopperlvya Animal Health, CAHIC and Other…

Zoetis Announces FDA Approval of Apoquel® Chewable (oclacitinib chewable tablet) for Control of Pruritus Associated With Allergic Dermatitis and Control of Atopic Dermatitis in Dogs

Parsippany, N.J. - June 13, 2023 - Zoetis Inc. announced that the U.S. Food and Drug Administration (FDA) has approved Apoquel® Chewable (oclacitinib chewable tablet) for the control of pruritus associated with allergic dermatitis and control of atopic dermatitis in dogs at least 12 months of age. Apoquel Chewable, the first and only chewable treatment for the control of allergic itch and inflammation in dogs in the United States is expected to have comparable efficacy to original Apoquel (oclacitinib tablet) after the first dose, with a formulation that may enhance medication compliance and therefore improve outcomes for dogs.

Pet Pharmaceuticals Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. The comprehensive report provides a two-dimensional picture of the market. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2023 to 2029, the reader can identify the footprints of manufacturers in the industry.

On the basis of product type:

Antiparasitic

Biological Products

Antibacterial

Others

the basis of the applications:

Prevention

Treatment

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Regions Covered in the Pet Pharmaceuticals Market Report 2023

The key regions covered in the Pet Pharmaceuticals market report are North America,

Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers

key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy,

Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia,

Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia,

U.A.E, etc.

North America dominated the market, with a revenue share of more than 30.0% in 2021, and it is predicted to grow at a significant CAGR during the forecast period. This is owing to the growing pet ownership and high standards of living across the region. Furthermore, the rising awareness about veterinary diseases, coupled with the increase in the population of production and companion animals and the existence of major industry players in this region, will support the growth of the North American animal pharmaceuticals market during the forecast period.

Asia-Pacific is set to grow at a significant CAGR, of more than 8%, during the forecast period. The region is seeing a surge in the export of animal goods, which is putting pressure on farm owners and workers to keep the animals healthy, owing to the rigorous testing of animal products throughout the export process. Moreover, the rising living standards in nations such as India and China are contributing to an increase in the number of companion animals. Furthermore, the changing lifestyles in these countries have increased the adoption of production animals, thus supporting the growth of the animal pharmaceuticals market over the forecast period.

Significance of the report which makes it worth buying:

- A broad and precise understanding of Pet Pharmaceuticals Industry is offered in the segmented form based on product types, applications, and regions.

-Industry Drivers and challenges affecting the industry growth are presented in this report.

- Evaluating the market competition and planning the business strategies accordingly

- Understanding Industry business plans, policies, technological advancements, and company profiles of top players.

Get a glimpse of the in-depth analysis@:

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Table of Contents:

Introduction of the Global Pet Pharmaceuticals Market
- Overview of the Market
- Scope of Report
- Assumptions
Executive Summary
Research Methodology of Market Intelligence Data
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
Global Pet Pharmaceuticals Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
Global Pet Pharmaceuticals Market, By Product
Global Pet Pharmaceuticals Market, By Application
Global Pet Pharmaceuticals Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Pet Pharmaceuticals Manufacturing Cost Analysis
Global Pet Pharmaceuticals Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Company Profiles
Appendix

Critical Questions Answered in the Report

What are the key trends in the market?
How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
What is the impact of COVID-19 on the market?
What are the key strategies adopted by the major vendors to lead in the market?
What is the market share of the top vendors?

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

- Country level market for Pet Pharmaceuticals market (up to 5)
- Profiling and additional market players (up to 5)
- up to 40 hours of customization.

What's New?

Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
Global competitiveness and key competitor positions
Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial

Our team is available 24/7 to assist and support our customers through reliable research.

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