Animal Health Market is Expected to Thrive at Impressive CAGR by 2027

Posted by Balaji Deshmukh on December 2nd, 2020

The Global Animal Health Market is forecast to reach USD 70.01 Billion by 2026, according to a new report by Reports and Data. This is mainly contributed by government initiatives to encourage the growth of veterinary products and treatments. Increase in the adoption of pet animals, coupled with the increasing consumption of meat and milk, will boost the growth of the market. Moreover, technological advancements in the healthcare industry will also impact the growth of the market positively. Regulating animal health and preventing animal disease outbreaks is essential to the economy as well as the safety of a country’s food supply.

The COVID-19 pandemic has drastically altered the sectors of all the industry verticals across the world and has dynamically changed the economic scenario of the Animal Health market. The report is furnished with extensive data on the market scenario and financial structure owing to the coronavirus pandemic. The report provides substantial data about the present and future impact of COVID-19 on the market. The report covers extensive analysis of present and future trends and the factors that are likely to influence the growth of the market in a post-pandemic scenario.

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The report aims to help readers and users improve their business performances by providing insightful data about the business sphere, such as recent technological development, product advancements, adoption of strategic business steps, and new processes. The report is formulated through exhaustive primary and secondary research which is verified and validated by industry experts, efficient analysts, and professionals.

The report offers an extensive analysis of the competitive landscape along with business overviews, expansion plans, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product and brand promotions, government and corporate deals, and partnerships, among others.

Leading Players Analyzed in the Report:

Elanco, Bayer, Merial, Merc, Biogenesis Bago, Zoetis Inc., Ceva Sante Animale, Boehringer Ingelheim, Neogen, Heska, Thermo Fisher Scientific, Novartis, Vetoquinol, and Virbac, among others.

Product types Outlook (Revenue, USD Billion; 2018-2026)

  • Vaccines
  • Pharmaceuticals
  • Feed Additives
  • Diagnostics

Animal type Outlook (Revenue, USD Billion; 2018-2026)

  • Production Animal
  • Companion Animal

Dosage type Outlook (Revenue, USD Billion; 2018-2026)

  • Oral
  • Parenteral
  • Topical
  • Transdermal

Distribution channel Outlook (Revenue, USD Billion; 2018-2026)

  • Retail pharmacies and drug stores
  • E-commerce
  • Veterinary Hospitals & Clinics

End users Outlook (Revenue, USD Billion; 2018-2026)

  • Reference Laboratories
  • Point-of-care Testing/In-house Testing
  • Veterinary Hospitals & Clinics
  • Others

Key Regions Studied in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The Global Animal Health Market imparts a deeper understanding of the Animal Health market by providing a panoramic view of the industry vertical. Furthermore, to offer a better understanding of the competitive landscape, extensive SWOT analysis and Porter’s Five Forces analysis are included in the report. Along with this, feasibility analysis and investment return analysis are also covered in the report.

Further, the report is fragmented on the basis of product types offered in the market, application spectrum, and key regions of the Animal Health market. The segments are studies based on current and emerging trends in the Animal Health market. The regional segment covers the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The regions are studied for the production and consumption patterns, import/export analysis, supply and demand ratio, market share and size based on volume and value, trends and demands, revenue share, and presence of the key players of the market.

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Balaji Deshmukh

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Balaji Deshmukh
Joined: September 17th, 2020
Articles Posted: 24

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