Global Veterinary Medicines Market Research Report 2019-2028
Posted by Sonika on December 16th, 2020
Bharat Book Bureau Provides the Trending Market Research Report on “Global Veterinary Medicines Market 2019-2028”under Pharmaceutical Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
The Global Veterinary Medicines Market is predicted to progress at a CAGR of 4.11% during the projected period of 2019-2028. The rise in livestock production, surge in multiple medical conditions in animals, and growing pet ownership, are significant factors augmenting the growth of the veterinary medicines market worldwide. Additionally, the rising animal healthcare expenditure and increasing demand for veterinary specialization are other factors that open avenues for the studied market’s future. However, adverse effects post-vaccination and an inadequate number of veterinaries, are significantly limiting the veterinary medicines market’s progress on a large scale
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REGIONAL OUTLOOK
The global veterinary medicines market covers the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions
Asia-Pacific is expected to become the fastest-evolving market for veterinary medicines during the estimated period of 2019-2028. The region’s market is mainly motivated by the high investments in research and development by global companies, along with the continual efforts for commercialization of veterinary pharmaceuticals and vaccines at a lower cost. Additionally, the crucial need to control the high incidence of zoonotic disease and manage disease outbreaks is likely to propel the APAC region’s veterinary medicines market’s development
COMPETITIVE OUTLOOK
The key companies involved in the market include Boehringer Ingelheim Animal Health GmbH, Indian Immunologicals Limited, Evonik Industries AG, Biogenesis Bago SA, Zoetis, Dechra Pharmaceuticals Plc, Neogen Corporation, Kindred Biosciences, Virbac SA, Ceva Sante Animale, Merck & Co, Vetoquinol, Archer Daniels Midland, Elanco, and Hester Biosciences Limited
Zoetis is known as one of the largest producers of medicines and vaccinations for pets as well as livestock. Its product portfolio includes vaccines, diagnostic products, genetic tests, biodevices, and services. The company offers its products for various species, such as cattle, fish, sheep, dogs, cats, and others. Moreover, it sells products to livestock producers, retail outlets, veterinarians, and third-party distributors. The company serves customers worldwide, with its headquarter in the United States
Table Of Contents
1. Global Veterinary Medicines Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Porter’S Five Forces Model
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitute Products
2.2.3. Bargaining Power Of Buyers
2.2.4. Bargaining Power Of Suppliers
2.2.5. Threat Of Competitive Rivalry
2.3. Industry Components
2.4. Legal Policy And Regulatory Framework
2.5. Impact Of Covid-19 On Veterinary Medicines Market
2.6. Market Attractiveness Index
2.7. Key Insight
2.8. Market Drivers
2.8.1. Rise In Livestock Production
2.8.2. Surge In Various Medical Conditions In Animals
2.8.3. Increasing Ownership Of Pets
2.9. Market Restraints
2.9.1. Adverse Effects Of Post-Vaccination
2.9.2. Lack Of Adequate Number Of Veterinarians
2.10. Market Opportunities
2.10.1. Growing Animal Healthcare Expenditure
2.10.2. Increasing Demand For Veterinary Specialization
2.11. Market Challenges
2.11.1. Stringent Regulations
2.11.2. High Cost Of Animal Vaccines
3. Global Veterinary Medicines Market Outlook - By Animal Type
3.1. Companion Animals
3.2. Livestock Animals
4. Global Veterinary Medicines Market Outlook - By Distribution Channel
4.1. Retail Veterinary Pharmacies
4.2. Veterinary Hospital Pharmacies
5. Global Veterinary Medicines Market Outlook - By Route Of Administration
5.1. Parenteral Route
5.2. Oral Route
5.3. Topical Route
6. Global Veterinary Medicines Market Outlook - By Product
6.1. Drugs
6.1.1. Anti-Infective
6.1.2. Anti-Inflammatory
6.1.3. Parasiticide
6.2. Vaccines
6.2.1. Inactivated Vaccines
6.2.2. Attenuated Vaccines
6.2.3. Recombinant Vaccines
6.3. Medicated Feed Additives
6.3.1. Antibiotics
6.3.2. Amino Acids
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