Global Animal Healthcare Market is Anticipated to Flourish at a CAGR of 5.1% by 2023
A recent report by KD market insights titled as "Animal Healthcare Market – By Product Type (Anti-Infective Agents, Vaccines, Anti-Inflammatory Agents, Hormones & Substitutes, Parasiticides, Others), By Animal Type (Farm Animals, Companion Animals), By Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies & Drug Stores, Others), By Route of Administration (Oral, Parenteral, Topical, Others) & Global Region - Market Size, Share, Trends and Forecast 2018-2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Animal Healthcare Market competitors share and region wise analysis around the globe.
The global animal healthcare market accounted for USD XX.X Billion in 2017. Further, the market is expected to reach to a valuation of USD XX.X Billion by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 5.1% during the forecast period i.e. 2018-2023.
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Growth Drivers & Barriers
Growing consumption of meat and increasing demand for dairy products are expected to positively impact the growth of the global animal healthcare market in the upcoming years. Further, the high disposable income of pet owners and advancement in animal healthcare are some of the major factors behind the growth of the global animal healthcare market.
Moreover, increasing food-borne and zoonotic diseases are projected to intensify the growth of the global animal healthcare market. In addition, governments are actively focusing on the prevention and control of animal diseases by creating advisory and educational systems to raise awareness in the population. Further, this factor is anticipated to drive the growth of the global animal healthcare market over the forecasted period.
However, in many countries the use of antibiotics and antimicrobials in animal feed is prohibited, which is likely to hamper the growth of the global animal healthcare market in the upcoming years.
Regional Outlook:
In terms of geography, the animal healthcare market is analyzed into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, North America is slated to account for the highest percentage of market share in overall animal healthcare market during the forecast period. Increasing livestock population and rising adoption of pet animals are believed to intensify the growth rate of North America animal healthcare market in the upcoming years. In addition to this, various government initiatives to promote animal healthcare practices in this region is anticipated to positively drive the growth of the market in the region.
Segmentation
The research offers a comprehensive analysis of animal healthcare market with respect to following sub-markets:
By Product Type
Anti-Infective Agents
- Antibiotics and Antimicrobial
- Antifungal
- Antiviral
Vaccines
Anti-Inflammatory Agents
Hormones & Substitutes
Parasiticides
- Ecto-Parasiticides
- Endo-Parasiticides
- Endectocides
Others
By Animal Type
Farm Animals
- Cattle
- Pigs
- Sheep & Goats
- Poultry
- Others
Companion Animals
- Dogs & Cats
- Horses
- Others
By Distribution Channel
Veterinary Hospitals
Veterinary Clinics
Pharmacies & Drug Stores
Others
By Route of Administration
Oral
Parenteral
Topical
Others
By Geography
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
Zoetis
Bayer AG
Virbac
C.H. Boehringer Sohn AG & Ko. KG
Merck Animal Health
Intas Pharmaceuticals Ltd.
Vetoquinol SA
Zydus Animal Health Limited
Dechra Pharmaceuticals
Ceva
Other Major & Niche Key Players
Browse Full Report With TOC@ https://www.kdmarketinsights.com/product/animal-healthcare-market
Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
Executive Summary
Growth Drivers & Barriers in Global Animal Healthcare Market
Global Animal Healthcare Market Trends
Opportunities in Global Animal Healthcare Market
Recent Industry Activities, 2018
Porter's Five Forces Analysis
Global Animal Healthcare Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global Animal Healthcare Market Segmentation Analysis, By Product Type
8.1. Introduction
8.2. Market Attractiveness, By Product Type
8.3. BPS Analysis, By Product Type
8.4. Anti-Infective Agents Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.1. Antibiotics and Antimicrobial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.2. Antifungal Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.3. Antiviral Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Vaccines Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6. Anti-Inflammatory Agents Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.7. Hormones & Substitutes Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8. Parasiticides Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8.1. Ecto-Parasiticides Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8.2. Endo-Parasiticides Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8.3. Endectocides Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global Animal Healthcare Market Segmentation Analysis, By Animal Type
9.1. Introduction
9.2. Market Attractiveness, By Animal Type
9.3. BPS Analysis, By Animal Type
9.4. Farm Animals Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.4.1. Cattle Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.4.2. Pigs Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.4.3. Sheep & Goats Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.4.4. Poultry Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.4.5. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Companion Animals Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5.1. Dogs & Cats Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5.2. Horses Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5.3. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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