Animal Healthcare Market | Worldwide survey, Global Industry Share, Market Size, Industry Outlook and Strategies 2018-2026

Credence Research states the interest of a new study on Animal Healthcare Market. The Animal Healthcare Market is expected to Exhibit Rapid Growth during the Forecast Period. The research report, named “Animal Healthcare Market- Growth, Future Prospects, and Competitive Analysis, 2018- 2026,” estimates the historical performance and the current standing of this market, emphasizing especially on the dynamics of the need and supply of Animal Healthcare.

The study research also considers many sections of the global Animal Healthcare Market completely on the basis of the product type and application, considering their current as well as historical performance across the globe. Moreover, the report also shows the growth trajectory of each of the sections, global as well as in each of the regional segments, representing a descriptive analysis of the overall industry.

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Market Insights

Animal healthcare has become a prime focus area for feeds and pharmaceuticals manufacturers over the last several years. This market has gained prominence due to improving diagnostics solutions, and increasing prevalence of severe veterinary diseases, urging the need for novel animal healthcare solutions in the form of feeds, pharmaceuticals and vaccines. Furthermore, large-scale animal farming and demand for healthy companion animals and animal-based foods have additionally augmented demand for animal healthcare products worldwide.

Some primary factors influencing the demand for animal healthcare products are growing meat and dairy consumption, increasing burden of zoonotic and foodborne diseases and increasing pet adoption. The demand for natural animal healthcare products is also high in the developed countries, therefore urging the introduction of transparent labeling of products. Some of the factors that may hold back the growth of this market are highly stringent government regulations and the high cost of animal testing. Furthermore, restrictions from regulatory authorities on the high usage of antibiotics are also affecting the sale of veterinary pharmaceuticals.

Based on product types, the global animal healthcare market is segmented into additive feed, pharmaceuticals, and vaccines. The additive feed segment is further categorized into medicinal feed additives (minerals, vitamins, & amino acids), nutritional feed additives (enzymes, hormones, prebiotics and probiotics, immune modulators & feed acidifiers); and pharmaceuticals segment comprises ectoparasiticides, endoparasiticides, anti-inflammatories, and antibiotics. Among these, the additive feed segment currently occupies the largest share in the global market. Large volume consumption and lesser costs are the key factors supporting the dominance of this segment. On the other hand, vaccines and pharmaceuticals segment will advance at faster rates due to a perpetual increase in new product launches and growing need for animal immunization.

Leading Players:

Bayer Healthcare AG, Boehringer Ingelheim GmbH, Cargill Inc., Ceva Sante Animale, Eli Lilly and Company (Elanco/Novartis), Evonik Industries, Merck & Co. Inc. (Intervet), Nutreco N.V., Sanofi S.A. (MERIAL Limited), Vetoquinol SA, Virbac SA and Zoetis Inc. (Pfizer).

The study paper also speaks about the present as well as upcoming ventures in the global Animal Healthcare Market at length, making this knowledge of special value for businesses, consultants, and stakeholders functional in this market.

Further, the report analyzes the competitive aspect of this market by reviewing the profiles of the key market participants in a bid to determine the current hierarchy.

The main purpose of this research study is to help the associates operating in the worldwide industry for Animal Healthcare Market in planning active artifices and enhancing their decision-making techniques to gain a competitive edge over their challengers.

The report added new project SWOT analysis, investment feasibility analysis, and investment return analysis.

Key advantages

  • The research gives an in-depth analysis of the global Animal Healthcare Market, with running trends and future views, to elucidate the imminent investment pockets.
  • The quantitative study from 2018 to 2026 is demanded to enable the stakeholders to capitalize on prevailing market possibilities.
  • The report provides real historical figures for 2014 and year-on-year predictions from 2018 to 2026, considering 2018/2018 as a base.
  • Overall analysis of all geographical regions is presented to determine the general opportunities.

Animal Healthcare Market key segments

  • By type
  • By technology
  • By end-user
  • By region

O North America

O Europe

O Asia-pacific

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