Press release
Evolving Market Trends In The Farm Animal Healthcare Industry: Development Of Farm Animal Vaccines
Farm Animal Healthcare
What Is the Expected Farm Animal Healthcare Market Size During the Forecast Period?
The size of the farm animal healthcare market has seen substantial growth in recent years. The market will surge from a valuation of $21.02 billion in 2024 to $22.38 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. Factors contributing to the growth during the historic period include disease outbreaks, regulatory backing, an increased livestock population, and the spread of awareness and education.
In the coming years, we anticipate a robust growth in the farm animal healthcare market. The market size is projected to reach $29.89 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.5%. This growth for the period under forecast can be credited to factors like global food necessities, the popularity of preventive healthcare, advancements in precision farming technologies, environmental worries, and economic variables. Significant trends to be witnessed during the forecast period include the advent of digital health measures, advances in biotechnology, emergence of environmentally friendly methods, the popularisation of nutraceuticals and functional feed, and increased collaborative endeavours and partnerships.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7816
What Are the High-Growth Segments in the Farm Animal Healthcare Market?
The farm animal healthcare market covered in this report is segmented -
1) By Product: Vaccines, Parasiticides, Anti-Infectives, Medical Feed Additives, Other Products
2) By Application: Cattle, Swine, Poultry, Fish, Sheep
3) By End User: Reference Laboratories, Point-Of-Care Testing Or In-House Testing, Veterinary Hospitals And Clinics, Other End Users
Subsegments:
1) By Vaccines: Live Attenuated Vaccines, Inactivated Vaccines, Subunit Vaccines, Recombinant Vaccines
2) By Parasiticides: Endoparasiticides (internal parasites), Ectoparasiticides (External Parasites), Combination Products
3) By Anti-Infectives: Antibiotics, Antifungals, Antivirals
4) By Medical Feed Additives: Probiotics, Prebiotics, Nutraceuticals, Enzymes
5) By Other Products: Hormones, Pain Management Products, Diagnostic Products
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7816&type=smp
What Key Drivers Are Expected to Influence Future Farm Animal Healthcare Market Growth?
An upward surge in the number of livestock is forecasted to fuel the expansion of the farm animal healthcare market. The term livestock covers agricultural creatures such as cows, horses, and pigs that are housed, raised, and utilized by humans for various purposes. With the progressive increase in livestock, the demand for farm animal healthcare services rises correspondingly, offering protection to animals from diseases like swine flu and avian flu. These diseases pose a threat not only to animals but also to humans, workers, and vets. To illustrate, the US Department of Agriculture, an US-based federal entity that oversees farming, forestry, rural economic development, and food-related regulations, reported in September 2023, a projected 1% rise in cattle production for that year. This is followed by an anticipated uprise in cattle slaughter rates for 2023 and 2024. Additionally, beef production is estimated to rise by eight per cent in 2023 and two per cent in 2024. With Brazil holding its position as the world's topmost exporter of beef, it is predicted to export 3.35 MMT CWE in 2023 and 3.40 MMT CWE in 2024, representing 30% of Brazil's total production. Thus, the burgeoning livestock numbers accentuate growth in the farm animal healthcare market.
Which Companies Hold the Largest Share Across Different Farm Animal Healthcare Market Segments?
Major companies operating in the farm animal healthcare market include Bayer AG, C. H. Boehringer Sohn AG & Co. KG, Ceva Santé Animale, Merck & Co. Inc., Virbac Corporation, Zoetis Inc., Vetoquinol Animal health pvt. Ltd., Norbrook Laboratories, Alivira Animal Health Limited, Phibro Animal Health, Intas Pharmaceuticals Limited, Hester Biosciences Limited, Elanco Animal Health Incorporated, Biogenesis Bago SA, Animalcare Limited, Bimeda Inc., Eco Animal Health Pvt. Ltd., Dechra Pharmaceuticals PLC, Hipra, Huvepharma Inc., Indian Immunologicals Limited, Jurox Pty Ltd., Kyoritsu Seiyaku Corporation, Neogen Corporation, Phytobiotics Futterzusatzstoffe GmbH, Vaxxinova International BV, Wedgewood Pharmacy, Orion Pharma Animal Health, Kane biotech Inc.
What Trends Are Driving Growth in The Farm Animal Healthcare Market?
Accelerated advancements in technology are a prominent and rising trend in the farm animal healthcare market. The focus of significant businesses in this market sector is shifting towards discovering new technologies to meet consumer requirements and solidify their market dominance. For example, Merck & Co., Inc., in June 2023, launched INNOVAX-ILT-IBD, a dual-construct HVT vaccine for poultry health management. This vaccine ensures continued defense against diseases such as infectious bursal disease (IBD), infectious laryngotracheitis (ILT), and Marek's disease (MD). Instead of a single ILT glycoprotein insert, the INNOVAX-ILT-IBD contains two. Clinical trials have also suggested that the immunity conferred by INNOVAX-ILT-IBD appears early and remains effective for an extended period. INNOVAX-ILT-IBD can be applied subcutaneously (at day-old) or in Ovo (after roughly 18 days of incubation) in layers, breeder flocks, and broiler chickens in the hatcheries to enhance protection during early life.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/farm-animal-healthcare-global-market-report
What Are the Emerging Geographies for The Farm Animal Healthcare Market Growth?
North America was the largest region in the farm animal healthcare market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the farm animal healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Farm Animal Healthcare Market?
2. What is the CAGR expected in the Farm Animal Healthcare Market?
3. What Are the Key Innovations Transforming the Farm Animal Healthcare Industry?
4. Which Region Is Leading the Farm Animal Healthcare Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Evolving Market Trends In The Farm Animal Healthcare Industry: Development Of Farm Animal Vaccines here
News-ID: 3955078 • Views: …
More Releases from The Business Research Company
Key Trends Reshaping the Nucleic Acid Extraction Instruments And Reagents Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Nucleic Acid Extraction Instruments And Reagents Market Size Growth Forecast: What to Expect by 2025?
The market for nucleic acid extraction instruments and reagents has experienced a robust growth in the recent past. The market value is projected to rise from $4.56 billion in 2024 to $4.97 billion in…
Mobile ECG Devices Market Set To Soar Due To Escalating Incidence Of Heart-Relat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Mobile ECG Devices Industry Market Size Be by 2025?
In the past few years, the market size for mobile ECG devices has seen significant expansion. The growth rate is expected to rise from $115.35 billion in 2024 to $121.39 billion in 2025, indicating a compound annual…
Steady Expansion Forecast for Liver Cancer Diagnostics Market, Projected to Reac …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Liver Cancer Diagnostics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for liver cancer diagnostics has seen significant expansion in the past few years. The market, which was valued at $9.69 billion in 2024, is expected to rise to $10.32 billion in…
Emerging Laser Atherectomy Devices Market Trends: Product Innovations In The Las …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Laser Atherectomy Devices Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been significant growth in the market size for laser atherectomy devices. The market is projected to expand from $1.22 billion in 2024 to $1.3 billion in 2025, reflecting a compound annual growth…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
