Animal Healthcare Market Has Been Estimated to Account for $35 Billion by 2016

This Future Market Insights report examines the ‘Animal Healthcare’ market for the period 2015–2020. The primary objective of the report is to analyse the underlying factors that have given rise to a futuristic market: Animal Healthcare, which is significantly transforming global businesses and enterprises. High demand of meat, milk & eggs, increasing pet adoption & humanization of pets, and lethal zoonotic diseases are some of the major drivers of the growing animal healthcare market.

The Animal Healthcare market report starts with an overview & introduction of the global animal healthcare market focusing on its various segment and major players. In the next section, FMI covers the Animal Healthcare market performance in terms of market dynamics.This section includes FMI’s analysis of the key trends, drivers and restraints from the supply and demand side, which are influencing the Animal Healthcare market. Impact analysis of key growth drivers and restraints, based on the weighted average model is included in the Animal Healthcare report to better equip and arm clients with crystal clear decision-making insights. Unethical usage of antibiotics/antimicrobials in feed and pharmaceuticals has becoming major thereat for humans and thus, the government is taking serious steps to regulate the usage of these products in the market.

The primary focus of the following section is to analyse the Animal Healthcare market by adoption among various segments; the primary healthcare product type covered under the scope of the report are feed additives, pharmaceuticals and vaccines. Feed additives comprises of both medicated and nutritional feed. In addition, the market analyzed by animal type as companion and production animal. Dogs & cats forms the major chunk of companion animal segment in terms of healthcare products usage. Flea & tick medicines and vaccines are popular in companion animals or pets. Poultry, swine, beef, veal and equine falls under the production or farm animal segment. Feed additives consumption is extremely high in production animals.

As highlighted earlier, the Animal Healthcare market is segmented on the basis of animal type, product type and regions.

The next section of the report highlights Animal Healthcare adoption by regions. It provides a market outlook for 2014–2020 and sets the forecast within the context of the Animal Healthcare ecosystem, including the major drugs per species and their active ingredients as well as generic equivalent. This study discusses the key regional trends contributing to growth of the Animal Healthcare market on a worldwide basis, as well as analyses the degree at which global drivers are influencing this market in each region. Key regions assessed in this report include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.

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The regions are further sub-segmented by animal type, product type and countries to provide better clarity for the future opportunities. North America is further sub-segmented into the U.S., Mexico and Canada. Europe is sub-segmented into France, Germany, The U.K., Italy, Spain, Turkey, CIS countries, Rest of Europe. Likewise, Asia Pacific is sub-segmented as China, India, Japan, Australia and rest of Asia Pacific. Latin America is sub-segmented as Brazil and rest of Latin America. Middle East & Africa is sub-segmented as Middle-Eats, North Africa and Rest of Africa.

All the above sections, by product type, by application or by regions, evaluate the present scenario and the growth prospects of the Animal Healthcare market for the period 2014 –2020. We have considered 2014 as the base year and provide data for the trailing 12 months.

To calculate the Animal Healthcare market size, we have considered revenue generated from the sale of Animal Healthcare by various manufacturers. The Animal Healthcare market is a consolidated market when we consider each segment as “feed additives”, “pharmaceuticals” and “vaccines”. The forecast presented here assesses the total revenue by value across the Animal Healthcare market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the Animal Healthcare market will develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analysis, based on supply side, downstream industry demand and economic envelope.

In addition, the aquaculture market overview has also been provided in the report with present and future potential in segments like feed additives, antibiotics and fish vaccines. The feed additive segment is further sub-segmented as Corn/Wheat Meal, Soy Meal, Fish Meal, Fish Oil/Other Oils, Formulated Fish Feeds and Others.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the Animal Healthcare market. This detailed level of information is important for the identification of various key trends of the Animal Healthcare market.

Also, another key feature of this report is the analysis of all key Animal Healthcare application segments, sub-segments, regional adoption and product segment revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the Animal Healthcare market.

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Furthermore, to understand key growth segments in terms of growth & adoption of Animal Healthcare technology and regions, Future Market Insights developed the Animal Healthcare Market Attractiveness Index. The resulting index should help providers identify real market opportunities.

In the final section of the report, Animal Healthcare Competitive landscape is included to provide report audiences with a Dashboard view, based on categories of provider in the value chain, presence in Animal Healthcare product portfolio and key differentiators. Key categories of providers covered in the report are the feed additive, animal pharmaceutical & vaccine manufacturers. This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to a market segment in the Animal Healthcare value chain and the potential customers for the same.

Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on in-depth assessment of capabilities and success in the Animal Healthcare marketplace. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the Animal Healthcare space. Key competitors covered in animal pharmaceutical & vaccines segment includes Zoetis, Inc. (Pfizer), Merck & Co., Inc. (Intervet), Eli Lilly and Company (Elanco/Novartis), Bayer Healthcare AG, Ceva Santé Animale, Virbac S.A, Vetoquinol SA, Boehringer Ingelheim GmbH, Nutreco N.V. and Sanofi S.A. (MERIAL Limited). Major global animal feed additive manufacturers covered in the report are Cargill Inc. (Provimi), ADM Alliance Nutrition, Koninklijke DSM N.V and Evonik Industries AG among others.

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This release was published on openPR.