The global demand for Animal Healthcare Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Animal healthcare refers to the promotion of wellness in equine, pet, and farm animals. It involves daily observation, consultation, action treatment, recording & reporting, identification of disease, surgical care, wellness programs, behavioural counselling, hospitalization, boarding, grooming, and prescription heartworm and flea medication. It is undertaken by livestock handlers that are required to maintain health and production.
The factors influencing the growth of the market are growing population, the rising requirement of animal protein, and an increase in a number of pet owners. Demand for higher quality animal healthcare is increasing attributed to growing veterinary spending on pets in recent years. Also, farmers across the world are more aware of their animals healthier in an effort to protect their bottom lines. Healthy animals are more likely to result in safer food supplies, higher farm productivity, reduced environmental impacts, reduced use of antibiotics, and improved animal well-being. As a result of this favourable growth trends, the animal healthcare market will grow at a significant rate over the foreseeable future.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Animal Healthcare.
The entire Animal Healthcare market has been sub-categorized into product, animal, and distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Animal Type
- Feed Additives
By Distribution Channel
- Farm Animals
- Companion Animals
- Veterinary Hospitals
- Veterinary Clinics
- Pharmacies & Drug Stores
This section covers regional segmentation which accentuates on current and future demand for Animal Healthcare market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Animal Healthcare Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Animal Healthcare market include Bayer, Boehringer Ingelheim, Dechra Pharmaceuticals, Elanco, Merck & Co., Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.