Animal Health Market - Trends Forecast Till 2028

Animal Health Market, by Animal Type (Production, Companion), Product (Pharmaceuticals, Diagnostics), Distribution Channel, End-use and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-PH-AHM-429

Format:  

Number of Pages: 276

Domain: Pharmaceutical

Animal Health Market – Trends Forecast Till 2028

The global Animal Health market size is projected to reach USD 53 billion by 2026 at a CAGR of 9.4% from USD 45.9 billion in 2021 during the forecast period 2021-2028.

Veterinary research is the study of regarding the prevention, control, diagnosis, and treatment of diseases and biology which revolves around the wellbeing of the animals. For keeping the animals healthy these should be regularly vaccinated, if diseased should be properly treated with respective medicines and antibiotics.

With an increased incidents of food born and zoonotic disease along with the rise in demand for protein rich food are some of the factors that have supported long-term expansion for Animal Health Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. The market for animal heath was rateably more stable and was less impacted throughout the pandemic situation.

Animal Health Market Report

Asia Pacific is expected to be the largest market during the forecast period.

Animal Health Market is segmented into Animal type, product, distribution channel, end-use and geography.

On the basis of Animal Type

  • Production Animal, By Type
    • Poultry
    • Swine
    • Cattle
    • Sheep & Goats
    • Fish
  • Companion Animal
    • Dogs
    • Cats
    • Horses
    • Others

On the basis of Product

  • Vaccines
    • Live Attenuated Vaccines
    • DNA Vaccines
    • Recombinant Vaccines
    • Inactivated Vaccines
    • Others
  • Pharmaceuticals
    • Parasiticides
    • Anti-infectives
    • Anti-inflammatory
    • Analgesics
    • Others
  • Feed Additives
    • Nutritional
    • Medicinal
  • Diagnostics
    • Instruments
    • Consumables
  • Medical Devices & Disposables
    • Critical Care
    • Anesthesia Equipment
    • Fluid Management Equipment
    • Temperature Management Equipment
    • Rescue & Resuscitation Equipment
    • Research Equipment
    • Patient Monitoring Equipment
  • Others
    • Veterinary Telehealth
    • Veterinary Software
    • Livestock Monitoring

On the basis of Distribution Channel

  • Retail
  • E-commerce
  • Veterinary Hospitals & Clinics

On the basis of End-User

  • Reference Laboratories
  • POC Testing/In-house Testing
  • Veterinary Hospitals & Clinics
  • Others

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Animal Health Market Primary Respondent

 

Key Players

  • Zoetis
  • Ceva Santé Animal
  • Merck Animal Health
  • Vetiquinol S.A.
  • Boehringer Ingelheim GmbH
  • Bayer AG
  • Virbac
  • Heska
  • Nutreco N.V.

Recent Developments

  • Zoetis Inc. announced its long-term sustainability goals, which build on the company’s purpose to nurture the world and humankind by advancing care for animals.
  • Merck Animal Health, a division of Merck & Co., Inc., announced an investment of USD 100 million in facility expansion and enhancement efforts in its U.S. manufacturing site in DeSoto, Kansas.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Animal Health market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 45.9 billion

Growth Rate

CAGR of 9.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

animal type, product, distribution channel, end-use and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Zoetis, Ceva Santé Animale, Merck Animal Health, Vetiquinol S.A., Boehringer Ingelheim GmbH, Bayer AG, Virbac, Heska, Nutreco N.V.

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