Global Cattle Health Sales Market Worth $ 3.59 Million by 2021

The health of every animal in any farm is vital and significant, however cattle health or herd health is mostly discussed keeping in mind the entire herd. The reason for this is that irrespective of having two cattle or 200, if one gets affected y any distress, the others are easily affected. The cattle animals are affected by environmental conditions, transmissible disease and weather. Cattle health management is the main factor for the entire herd’s health. Factors such as how the animals are shifted, methods of grazing, parasite control, whether or not the sick animal is quarantined, and many more, identify healthy cattle. A well-planned and organized cattle health management includes reducing crowding and stress casued to each animal, utmost care of calves, and employing a good vaccination program. Cattle health sales products are used for both dairy production and animal comfort, managing several applications like milk harvesting, feeding management, calf management, reproduction management, animal comfort management, etc.

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The global cattle health sales market in 2016 was anticipated at USD 2.364 million and is expected to reach USD 3.59 million by the end of 2021, thereby registering at a CAGR of 8.72% during the forecast period. There are various factors responsible for the lucrative growth of this industry market. A few of them being improved quality of nutrition provided to the cattle and increased production of beef. Besides, factors like greater livestock production rates, escalating consumer focus on safety of food, elevated food-borne diseases, and rise in the need for animal proteins are also contributing lucratively in this industry’s market growth. Nevertheless, shortage of cultivable land and water is said to hamper this market. Also, factors such as cost efficient production and escalated competition for arable and cultivated land are also predicted to restrain the market of cattle health on a global level. Presently, North America is said to lead the global market of this industry, and then Europe. However, developing regions of Africa and Asia-Pacific are also estimated to flourish rapidly, and thereby creating novel revenue pockets in the global market.
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The cattle health sales regionally is segmented into United States, China, Europe, Japan, Southeast Asia, and India. The major market players of the global cattle health sales market are
• Bayer Healthcare,
• Boehringer Ingelheim,
• Ceva Animal Health,
• Elanco (Eli Lilly),
• Merck,
• Merial (Sanofi),
• Virbac, and Zoetis Animal Healthcare.
Based on the product this market industry is segmented into Vaccines, Parasiticides, Anti-Infectives, Medicinal Feed Additives, and Other Pharmaceuticals. Depending on the end-user and the applications, this market is sectioned into house, farm and several others.

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This release was published on openPR.