Press release
Global Animal Health Market Size – Growth, Latest Trend & Forecast 2021
Animals, like humans, also suffer from diseases and hence require proper care from veterinarians, farmers and pet owners. Improving the health of companion animals and livestock and treating them is the foremost objective of animal health industry. The animal health industry can be broadly classified into two parts - production and companion segments. Every animal has distinct need of its own and thus, requires different treatments in accordance to its breed. Further, on the basis of products, animal health market is divided into three main sections; pharmaceuticals, biological and medicinal feed additives.
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The key factors driving the growth of animal health market include rising disposable income, growing ageing population, increasing pet ownership, mounting incidence of zoonotic diseases and less stringent animal drug approval process. Some of the noteworthy trends and developments of this industry include mergers & acquisitions in the industry, human drugs crossing over to the animal health and preventive therapies. However, the expansion of animal health market is hindered by barriers to entry for new players, high cost of product development and increasing pressure to reduce the use of antibiotics in livestock.
The report “Global Animal Health Market: Industry Analysis & Outlook (2017-2021)” provides a comprehensive analysis of the global animal health market and its major regional markets. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in-depth. The global market is highly competitive consisting of several large enterprises including Bayer AG, Merck & Co., Inc., Eli Lilly and Company and Zoetis Inc,. The competitive landscape of the respective market, along with the company profiles of leading players are discussed in detail.
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Table of Content
1. Overview
1.1 Animal Health
1.2 Animal Health Products
1.3 Value Chain Analysis
2. Global Animal Health Market
2.1 Global Animal Health Market by Value
2.2 Global Animal Health Market Forecast by Value
2.3 Global Animal Health Market by Product
2.4 Global Animal Health Market by Species
2.4.1 Global Production Animal Health Market by Value
2.4.2 Global Production Animal Health Market Forecast by Value
2.4.3 Global Companion Animal Health Market by Value
2.4.4 Global Companion Animal Health Market Forecast by Value
2.5 Global Animal Health Market by Region
3. Regional Markets
3.1 Americas
3.1.1 Americas Animal Health Market Forecast by Value
3.1.2 The US Animal Health Market by Value
3.1.3 The US Animal Health Market Forecast by Value
3.1.4 The US Animal Health Market by Products
3.1.5 The US Pet Industry Spending
3.1.6 The US Pet Industry Spending Forecast
3.1.7 The US Pet Industry Spending by Product
3.2 Europe
3.2.1 European Animal Health Market Forecast by Value
3.2.2 European Animal Health Market by Products
3.2.3 UK Animal Health Market by Value
3.2.4 UK Animal Health Market Forecast by Value
3.2.5 UK Animal Health Market by Products
3.2.6 UK Animal Health Market by Species
3.2.7 UK Animal Health Market by Legal Category
3.3. Asia-Pacific
3.3.1 India Animal Health Market Forecast by Value
3.3.2 India Animal Health Market by Species
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4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Disposable Income
4.1.2 Growing Ageing Population
4.1.3 Rising Pet Ownership
4.1.4 Rising Incidence of Zoonotic Diseases
4.1.5 Less Stringent Animal Drug Approval Process
4.2 Key Trends & Developments
4.2.1 Mergers & Acquisitions (M&A) in the Industry
4.2.2 Human Drugs Crossing Over to the Animal Health
4.2.3 Preventive Therapies
4.3 Challenges
4.3.1 Barriers to Entry for New Players
4.3.2 High Cost of Product Development
4.3.3 Increasing Pressure to Reduce the Use of Antibiotics in Livestock
5. Competitive Landscape
5.1 Global Animal Health Market
5.1.1 Revenue and Market Cap. Comparison
5.1.2 Product Mix and Geographic Mix Comparison
5.1.3 Global Animal Health Market Share by Company
6. Company Profiles
6.1 Bayer AG
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 Merck & Co., Inc.
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 Eli Lilly and Company
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 Zoetis Inc.
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies
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