FEATURED COMPANIES
- Bayer
- Boehringer Ingelheim
- Elanco
- Merck
- Neogen
- Thermo Fisher Scientific
The global animal health market reached a value of US$ 34.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 43.7 Billion by 2027, exhibiting a CAGR of 3.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
Animals regularly require adequate care from their owners in order to have a good health. As the production of healthy livestock ensures safe food supply and retains the stability of consumer prices, regular monitoring of animal health and averting animal disease outbreaks have become indispensable for every country. As effective control and prevention is necessary for limiting the spread of zoonotic diseases among animals and human beings, the animal health market is gradually gaining traction across the globe. Moreover, pet and livestock owners nowadays are willing to spend on animal healthcare products and services owing to their inflating disposable incomes, growing awareness through print and electronic media, and the emerging trend of pet humanization
On the basis of animal types, the market has been bifurcated into commercial and companion animals. At present, commercial animals account for majority of the market share
Based on the product type, the animal health market has been divided into pharmaceuticals, biologicals, medicinal feed additives and diagnostics. Pharmaceuticals currently represent the largest product type
On a geographical front, North America enjoys the leading position in the global animal health market. Other regions include Europe, Asia Pacific, Latin America, and Middle East and Africa
Biogenesis Bago
Boehringer Ingelheim
Ceva Sante Animale
Heska
Neogen
Novartis
Thermo Fisher Scientific
Vetoquinol
Virbac
2. What is the expected growth rate of the global animal health market during 2022-2027?
3. What are the key factors driving the global animal health market?
4. What has been the impact of COVID-19 on the global animal health market?
5. What is the breakup of the global animal health market based on the animal type?
6. What is the breakup of the global animal health market based on the product type?
7. What are the key regions in the global animal health market?
8. Who are the key players/companies in the global animal health market?
Animals regularly require adequate care from their owners in order to have a good health. As the production of healthy livestock ensures safe food supply and retains the stability of consumer prices, regular monitoring of animal health and averting animal disease outbreaks have become indispensable for every country. As effective control and prevention is necessary for limiting the spread of zoonotic diseases among animals and human beings, the animal health market is gradually gaining traction across the globe. Moreover, pet and livestock owners nowadays are willing to spend on animal healthcare products and services owing to their inflating disposable incomes, growing awareness through print and electronic media, and the emerging trend of pet humanization
Global Animal Health Market Drivers:
Currently, the animal health industry is flourishing on account of rapid technological advancements and increasing research and development activities in the veterinary pharmaceutical industry. With the help of advanced technological systems, data produced in veterinary clinics can be now uploaded on the internet and shared with other researchers and clinicians. This technology also aids in facilitating real-time analysis of fluctuations in the prevalence of diseases. In order to optimize the veterinary healthcare sector, governments in several developed countries are also undertaking initiatives and implementing animal vaccination programsKey Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global animal health market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on animal type and product typeBreakup by Animal Type:
- Commercial
- Companion
On the basis of animal types, the market has been bifurcated into commercial and companion animals. At present, commercial animals account for majority of the market share
Breakup by Product Type:
- Pharmaceuticals
- Biologicals
- Medicinal Feed Additives
- Diagnostics
Based on the product type, the animal health market has been divided into pharmaceuticals, biologicals, medicinal feed additives and diagnostics. Pharmaceuticals currently represent the largest product type
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
On a geographical front, North America enjoys the leading position in the global animal health market. Other regions include Europe, Asia Pacific, Latin America, and Middle East and Africa
Competitive Landscape:
The market is highly fragmented in nature with the presence of several small as well as large players who compete in terms of prices and quality. Some of the major players operating in the market include:
- Bayer
- Elanco
- Merck
- Merial
- Zoetis Inc
Biogenesis Bago
Boehringer Ingelheim
Ceva Sante Animale
Heska
Neogen
Novartis
Thermo Fisher Scientific
Vetoquinol
Virbac
Key Question Answered in this Report
1. What was the size of the global animal health market in 2021?2. What is the expected growth rate of the global animal health market during 2022-2027?
3. What are the key factors driving the global animal health market?
4. What has been the impact of COVID-19 on the global animal health market?
5. What is the breakup of the global animal health market based on the animal type?
6. What is the breakup of the global animal health market based on the product type?
7. What are the key regions in the global animal health market?
8. Who are the key players/companies in the global animal health market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Bayer
- Boehringer Ingelheim
- Elanco
- Merck
- Neogen
- Thermo Fisher Scientific
1 Preface3 Executive Summary10 Global Animal Health Industry: Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Animal Health Market
6 Market Breakup by Animal Type
7 Market Breakup by Product Type
8 Market Breakup by Region
9 Global Animal Health Industry: SWOT Analysis
11 Global Animal Health Industry: Porters Five Forces Analysis
12 Global Animal Health Industry: Price Analysis
13 Competitive Landscape
List of Figures
List of Tables
Note: Product cover images may vary from those shown
- Bayer
- Elanco
- Merck
- Merial
- Zoetis Inc.
- Biogenesis Bago
- Boehringer Ingelheim
- Ceva Sante Animale
- Heska
- Neogen
- Novartis
- Thermo Fisher Scientific
- Vetoquinol
- Virbac
Note: Product cover images may vary from those shown
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