Press release
Animal Health Market Trends & Growth Drivers 2024: Size, Share By Companies, & Future Forecast Report by 2032
๐๐จ๐ฐ ๐๐ข๐ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ?
The global animal health market size was estimated to be ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2023. Looking forward, the market is expected to expand from ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024 to ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2032, with a ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ (๐๐๐๐) ๐จ๐ ๐.๐% over the forecast period.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The global market is primarily driven by the increasing global population and rising demand for animal-based food products. In accordance with this, the growing awareness of zoonotic diseases, which can transfer from animals to humans, is driving the adoption of preventive healthcare measures for animals and influencing the market. Additionally, the expanding pet ownership and the humanization of pets are leading to increased spending on veterinary care and wellness products, thereby driving market growth.
Furthermore, the continual advancement in veterinary diagnostics and treatment options, including vaccines and pharmaceuticals, is further propelling market expansion. Moreover, the rising incidence of chronic diseases in animals, such as arthritis and diabetes, is also stimulating the market demand. Apart from this, the rapid development of new and innovative products, such as nutraceuticals and biologics, is attracting attention from both veterinary professionals and pet owners, further fueling the market reach.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/animal-health-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ & ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The scope of the market is broadening and expanding significantly, driven by the increasing demand for high-quality animal health products in both the livestock and companion animal segments. As global meat consumption continues to rise, the need for effective disease prevention and treatment in livestock is becoming more critical, supporting growth in the market. The companion animal segment is witnessing robust expansion, fueled by the growing trend of pet ownership and the increasing willingness of pet owners to invest in advanced veterinary care.
The market scope is also benefiting from technological advancements in veterinary medicine, including the development of novel therapeutics and diagnostic tools. Moreover, favorable government initiatives and regulations aimed at improving animal health and welfare are augmenting the market. According to the market analysis, the increasing focus on sustainability and ethical farming practices is driving the adoption of products that promote animal welfare and reduce the use of antibiotics.
๐๐ฒ ๐ญ๐ก๐ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ, ๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ ๐๐ข๐ฏ๐๐ง ๐๐๐ฅ๐จ๐ฐ:
โข Bayer
โข Elanco
โข Merck
โข Merial
โข Zoetis Inc.
โข Biogenesis Bago
โข Boehringer Ingelheim
โข Ceva Sante Animale
โข Heska
โข Neogen
โข Novartis
โข Thermo Fisher Scientific
โข Vetoquinol
โข Virbac
๐๐ฉ๐๐๐ค ๐ญ๐จ ๐๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐จ๐ซ ๐๐ง๐ฒ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ, ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=1156&flag=C
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐ฒ๐ฉ๐:
โข Commercial Animals
โข Companion Animals
๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐ก๐จ๐ฅ๐๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐๐ง๐ข๐ฆ๐๐ฅ ๐ก๐๐๐ฅ๐ญ๐ก ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
โข Pharmaceuticals
โข Biologicals
โข Medicinal Feed Additives
โข Diagnostics
๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ๐ฌ ๐ซ๐๐ฉ๐ซ๐๐ฌ๐๐ง๐ญ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ฉ๐จ๐ฉ๐ฎ๐ฅ๐๐ซ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ ๐ญ๐ฒ๐ฉ๐.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฑ๐ก๐ข๐๐ข๐ญ๐ฌ ๐ ๐๐ฅ๐๐๐ซ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ.
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข ๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ (๐๐๐๐-๐๐๐๐)
โข ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐ข๐จ๐ง๐ฌ (๐๐๐๐-๐๐๐๐)
โข Market Disruption Due to COVID-19
โข Industry Competitive Analysis (Porter's Five Forces)
โข Market Dynamics and Growth Factors
โข Strengths, Weaknesses, Opportunities, and Threats (SWOT)
โข Market Ecosystem and Value Creation
โข Competitive Positioning and Benchmarking
๐๐ก๐ฒ ๐๐ก๐จ๐จ๐ฌ๐ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
โข Deep Industry Expertise
โข Comprehensive Research Methodology
โข Data-Driven Insights
โข Accurate Forecasting
โข Proven Track Record
โข Global Presence and Extensive Network
โข Customized Solutions
โข Strong Client Relationships & Client Focus
โข Timely Delivery
โข Cost-Effective Solutions
๐๐จ๐ญ๐: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐ ๐ซ๐จ๐ฆ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
โข ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/refrigerant-market/requestsample
โข ๐๐๐๐ข๐๐ ๐ ๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/office-furniture-market/requestsample
โข ๐๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/cement-manufacturing-plant/requestsample
โข ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐ ๐จ๐ฎ๐ง๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/semiconductor-foundry-market/requestsample
โข ๐๐๐ซ๐ ๐๐๐ซ๐ญ๐ก ๐๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/rare-earth-industry/requestsample
โข ๐ ๐ข๐๐๐ซ ๐๐ฉ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/fiber-optics-market/requestsample
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐
๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: +1 631 791 1145 | Africa and Europe: +44-702-409-7331 | Asia: +91-120-433-0800
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
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