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Animal Health Market Trends & Growth Drivers 2024: Size, Share By Companies, & Future Forecast Report by 2032

09-24-2024 12:27 PM CET | Health & Medicine

Press release from: IMARC Group

Animal Health Market Trends & Growth Drivers 2024: Size, Share

According to the latest report by IMARC Group, titled "๐€๐ง๐ข๐ฆ๐š๐ฅ ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐€๐ง๐ข๐ฆ๐š๐ฅ ๐“๐ฒ๐ฉ๐ž (๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ, ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐จ๐ง), ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž (๐๐ก๐š๐ซ๐ฆ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ๐ฌ, ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ๐ฌ, ๐Œ๐ž๐๐ข๐œ๐ข๐ง๐š๐ฅ ๐…๐ž๐ž๐ ๐€๐๐๐ข๐ญ๐ข๐ฏ๐ž๐ฌ, ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ", offers a comprehensive analysis of the industry, which comprises insights on the global animal health market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

๐‡๐จ๐ฐ ๐๐ข๐  ๐ข๐ฌ ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ง๐ข๐ฆ๐š๐ฅ ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ?

The global animal health market size was estimated to be ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ•.๐Ÿ– ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2023. Looking forward, the market is expected to expand from ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ—.๐Ÿ‘ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024 to ๐”๐’๐ƒ ๐Ÿ’๐Ÿ—.๐Ÿ“ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2032, with a ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ.๐Ÿ—% over the forecast period.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ง๐ข๐ฆ๐š๐ฅ ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/animal-health-market/requestsample

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ง๐ข๐ฆ๐š๐ฅ ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž & ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

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.

๐๐ฒ ๐ญ๐ก๐ž ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ, ๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž ๐†๐ข๐ฏ๐ž๐ง ๐๐ž๐ฅ๐จ๐ฐ:

โ€ข Bayer
โ€ข Elanco
โ€ข Merck
โ€ข Merial
โ€ข Zoetis Inc.
โ€ข Biogenesis Bago
โ€ข Boehringer Ingelheim
โ€ข Ceva Sante Animale
โ€ข Heska
โ€ข Neogen
โ€ข Novartis
โ€ข Thermo Fisher Scientific
โ€ข Vetoquinol
โ€ข Virbac

๐’๐ฉ๐ž๐š๐ค ๐ญ๐จ ๐š๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐จ๐ซ ๐€๐ง๐ฒ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ, ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=1156&flag=C

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐€๐ง๐ข๐ฆ๐š๐ฅ ๐“๐ฒ๐ฉ๐ž:

โ€ข Commercial Animals
โ€ข Companion Animals

๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐ก๐จ๐ฅ๐๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐š๐ง๐ข๐ฆ๐š๐ฅ ๐ก๐ž๐š๐ฅ๐ญ๐ก ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ก๐š๐ซ๐ž.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ€ข Pharmaceuticals
โ€ข Biologicals
โ€ข Medicinal Feed Additives
โ€ข Diagnostics

๐๐ก๐š๐ซ๐ฆ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ๐ฌ ๐ซ๐ž๐ฉ๐ซ๐ž๐ฌ๐ž๐ง๐ญ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐ฉ๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ ๐ญ๐ฒ๐ฉ๐ž.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ€ข North America (United States, Canada)
โ€ข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โ€ข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โ€ข Latin America (Brazil, Mexico, Others)
โ€ข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ฌ ๐š ๐œ๐ฅ๐ž๐š๐ซ ๐๐จ๐ฆ๐ข๐ง๐š๐ง๐œ๐ž ๐ข๐ง ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ.

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘)
โ€ข ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง๐ฌ (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Market Disruption Due to COVID-19
โ€ข Industry Competitive Analysis (Porter's Five Forces)
โ€ข Market Dynamics and Growth Factors
โ€ข Strengths, Weaknesses, Opportunities, and Threats (SWOT)
โ€ข Market Ecosystem and Value Creation
โ€ข Competitive Positioning and Benchmarking

๐–๐ก๐ฒ ๐‚๐ก๐จ๐จ๐ฌ๐ž ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ:

โ€ข Deep Industry Expertise
โ€ข Comprehensive Research Methodology
โ€ข Data-Driven Insights
โ€ข Accurate Forecasting
โ€ข Proven Track Record
โ€ข Global Presence and Extensive Network
โ€ข Customized Solutions
โ€ข Strong Client Relationships & Client Focus
โ€ข Timely Delivery
โ€ข Cost-Effective Solutions

๐๐จ๐ญ๐ž: 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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐ซ๐จ๐ฆ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ:

โ€ข ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/refrigerant-market/requestsample

โ€ข ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/office-furniture-market/requestsample

โ€ข ๐‚๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/cement-manufacturing-plant/requestsample

โ€ข ๐’๐ž๐ฆ๐ข๐œ๐จ๐ง๐๐ฎ๐œ๐ญ๐จ๐ซ ๐…๐จ๐ฎ๐ง๐๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/semiconductor-foundry-market/requestsample

โ€ข ๐‘๐š๐ซ๐ž ๐„๐š๐ซ๐ญ๐ก ๐„๐ฅ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/rare-earth-industry/requestsample

โ€ข ๐…๐ข๐›๐ž๐ซ ๐Ž๐ฉ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/fiber-optics-market/requestsample

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’

๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ
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

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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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Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations. Setting up a honey processing plant involves operations such asโ€ฆ

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